Answer
In the Name of Allah, Most Gracious, Most Merciful.
All praise and thanks are due to Allah, and peace and blessings be upon His Messenger.
In this fatwa:
Credit card balance transfer fees may be permissible in Islam if they fairly cover the actual cost of processing the transaction without including an additional charge on the borrowed amount.
Responding to your question, Prof. Dr. Monzer Kahf, Professor of Islamic Finance & Economics at the Faculty of Economics and Management, Istanbul Sabahattin Zaim University, Turkey, states:
If this fee is a fixed amount in the neighborhood of $10, it is a charge for the transaction that has a definite cost. When it becomes larger for large sums, it may, in fact, become Riba because a transfer of 100,000 does not cost 1,000. Compared with a $10 fee for a $1,000 transfer, it may only cost one or two dollars more. The point is that the percentage is not the issue; the issue is whether it provides fair compensation for the effort involved in the transfer, to the extent that it does not include any extra charge, as any extra amount is Riba, whether it is a percentage or a lump sum.
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Almighty Allah knows best.
