Author Topic: Balance Transfers for Spending Thresholds  (Read 802 times)

Offline Freddie

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Apr 2013
  • Posts: 3236
  • Total likes: 308
  • DansDeals.com Hat Tips 1
    • View Profile
  • Location: Pittsburgh
Balance Transfers for Spending Thresholds
« on: July 12, 2013, 05:11:20 AM »
It is my understanding that a balance transfer TO a card does not count toward spending.
However, I am wondering if a balance transfer FROM a card counts as paying off the spending.

IOW, if I have three new cards from chase that have a collective spending threshold of 6,000, can I use the cards, run up a balancem then pay those cards OFF by transferring their balances to my new US Airways card that will give me points for BTs? This would kill two birds with one stone.

Online CountValentine

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Mar 2013
  • Posts: 16619
  • Total likes: 7474
  • DansDeals.com Hat Tips -1
  • Gender: Female
    • View Profile
  • Location: Poland - Exiled
  • Programs: DAOTYA, DDF Level 3, 5K Lounge
Re: Balance Transfers for Spending Thresholds
« Reply #1 on: July 12, 2013, 06:20:26 AM »
yes
Only on DDF does 24/6 mean 24/5/half/half

Offline chamdena

  • Dansdeals Platinum Elite
  • ****
  • Join Date: Mar 2013
  • Posts: 323
  • Total likes: 0
  • DansDeals.com Hat Tips 0
    • View Profile
Re: Balance Transfers for Spending Thresholds
« Reply #2 on: July 12, 2013, 08:10:25 AM »
But don't forget about the 3percent fee