Author Topic: Balance Transfer Credit Card  (Read 6304 times)

Offline btl1234

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Balance Transfer Credit Card
« on: October 17, 2013, 12:20:21 PM »
I am looking for a new credit card to transfer all my balances to to consolidate my debt and pay it all off in one place. Therefore, I am looking for free transfer balances, zero percent interest for a certain amount of time, and possibly a good rewards credit cards as well. My credit is very good. If possible, I was hoping to do this to a business card to keep it off the credit bureau radar.

Any suggestions?

Offline ice man

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Re: Balance Transfer Credit Card
« Reply #1 on: October 17, 2013, 01:45:18 PM »
I am looking for a new credit card to transfer all my balances to to consolidate my debt and pay it all off in one place. Therefore, I am looking for free transfer balances, zero percent interest for a certain amount of time, and possibly a good rewards credit cards as well. My credit is very good. If possible, I was hoping to do this to a business card to keep it off the credit bureau radar.

Any suggestions?
Maybe the Citi AA card..they send me free balance transfer offers all the time

Offline yoss6400

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Re: Balance Transfer Credit Card
« Reply #2 on: October 17, 2013, 01:55:22 PM »
Maybe the Citi AA card..they send me free balance transfer offers all the time
citi charges %4 of the Balance
"Credit Cards delaying arguments for 30 Days"

Offline Heimish

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Re: Balance Transfer Credit Card
« Reply #3 on: October 20, 2013, 04:17:10 PM »
For balance transfers Chase Slate is the best I know of, 0% for 15 months and no balance transfer fee.


http://www.dansdeals.com/go/SlateVisa1/


Other cards like Citi Cimplicity give 0% for 18 months but charge 3% balance transfer fee. However if you have access to Vanilla Reload cards you can avoid the balance transfer fees on this card  or any other card that offers 0% on purchases.

« Last Edit: October 20, 2013, 04:34:30 PM by Heimish »

Offline Club2000

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Re: Balance Transfer Credit Card
« Reply #4 on: March 15, 2016, 07:52:36 PM »
hi any maven on how to maximize your potential for balance transfer
how to merge credit line
on CITI, or chase
if I open card on diff bank its effecting the credit line i would be able to get total.

should i open new cards?
« Last Edit: March 15, 2016, 07:55:40 PM by Club2000 »

Offline David Smith

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Re: Balance Transfer Credit Card
« Reply #5 on: March 15, 2016, 07:54:27 PM »
hi any maven on how to maximize your potential for balance transfer
how to merge credit line
on CITI, or chase
if I open card on diff bank its effecting the credit line i would be able to get total.
Coherency is a helpful tool in getting people to answer your questions.
To answer what may be your question:
Open a Freedom Unlimited
Transfer over the credit from your other Chase cards to the Freedom Unlimited
Fund a bank account with the Freedom Unlimited
Use funds from newly funded bank account to pay off other credit cards.
Enjoy 17.5k UR signup bonus, 1.5 UR per dollar spent, and 15 months 0% APR (IIRC).
« Last Edit: March 15, 2016, 08:00:42 PM by David Smith »
Who do you think you are fooling? You think you are going to pull a quick one on your Creator? Good luck with that.
JTZ

Offline Club2000

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Re: Balance Transfer Credit Card
« Reply #6 on: March 30, 2016, 04:20:00 PM »
you mean its possible to send balance transfer to a card even if theres no balance on it ?


i have 15k credit line on bank of america 0% apr 18 months, they only let transfer to card, vs citi bank direct deposit or check .


if i get extra balance on chase card can they deposit to my checking ?

Offline yochiek93

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Re: Balance Transfer Credit Card
« Reply #7 on: April 03, 2016, 01:58:36 AM »
you mean its possible to send balance transfer to a card even if theres no balance on it ?


i have 15k credit line on bank of america 0% apr 18 months, they only let transfer to card, vs citi bank direct deposit or check .


if i get extra balance on chase card can they deposit to my checking ?
Huh? what exactly are you asking?

Offline Yankee123

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Re: Balance Transfer Credit Card
« Reply #8 on: February 14, 2017, 04:45:28 PM »
Im looking through the forum trying to get some info on Balance Transfers. Ive never done one before, but Im considering doing one now.

Might be me, but cant settle on any good advice I can apply to myself.

I want to do a simple Balance Transfer. Im transfering it from a Chase Freedom. I was told by a chase rep that at the moment i cant transfer to another chase card.

1) Is there a card anyone can suggest? Im debating whats more important no transfer fee or amount of time i might need.

2) Is there anything I should know about doing a transfer balance?


If I'm not being clear, i apologize I am a rookie. Thanks!

Offline Redbull3

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Re: Balance Transfer Credit Card
« Reply #9 on: February 14, 2017, 04:54:03 PM »
Im looking through the forum trying to get some info on Balance Transfers. Ive never done one before, but Im considering doing one now.

Might be me, but cant settle on any good advice I can apply to myself.

I want to do a simple Balance Transfer. Im transfering it from a Chase Freedom. I was told by a chase rep that at the moment i cant transfer to another chase card.

1) Is there a card anyone can suggest? Im debating whats more important no transfer fee or amount of time i might need.

2) Is there anything I should know about doing a transfer balance?


If I'm not being clear, i apologize I am a rookie. Thanks!

This isn't a common topic on DDF, so rather than leave you totally hanging out to dry, I'm going to guess and make some assumptions. If someone knows better they can correct (or confirm) this:

I believe Chase Slate is the only card with no BT fee. And if you convert a card to it, I don't believe you get the 0 BT option (ie I believe it's for new accounts only). So, your best bet will be to transfer it to another bank and pay the fee. Might as well go with whichever 3% bt fee card let's you hold on to it the longest. Citi simplicity is 3% bt fee then carry it at 0% for 21 months, for example - not sure if there are cards that allow longer, but GIYF and check creditcards.com. At the end of that term, try and open a slate and bring it back to chase (although, be warned that opening a slate is subject to 5/24). This is how I would approach it.

And welcome! :)

Offline chinagel

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Re: Balance Transfer Credit Card
« Reply #10 on: February 14, 2017, 05:07:31 PM »

I believe Chase Slate is the only card with no BT fee.
discover offers sometimes but not very common
And if you convert a card to it, I don't believe you get the 0 BT option (ie I believe it's for new accounts only).
correct
So, your best bet will be to transfer it to another bank and pay the fee. Might as well go with whichever 3% bt fee card let's you hold on to it the longest. Citi simplicity is 3% bt fee then carry it at 0% for 21 months, for example - not sure if there are cards that allow longer, but GIYF and check creditcards.com.
that is the longest out there though they dont give particularly large credit lines
if you have any chase card that gets a BT offer in the mail they should come with checks which you can write to yourself and use the money to pay off your other chase card. you can also transfer CL to that card to be able to do more. iinm chase slate wont give you checks

Offline emjee

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Re: Balance Transfer Credit Card
« Reply #11 on: February 14, 2017, 06:03:03 PM »


If I'm not being clear, i apologize I am a rookie. Thanks!



And welcome to credit card forums!
FTFY (not new here, just rookie)

Offline Yankee123

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Re: Balance Transfer Credit Card
« Reply #12 on: February 16, 2017, 11:58:06 AM »
This isn't a common topic on DDF, so rather than leave you totally hanging out to dry, I'm going to guess and make some assumptions. If someone knows better they can correct (or confirm) this:

I believe Chase Slate is the only card with no BT fee. And if you convert a card to it, I don't believe you get the 0 BT option (ie I believe it's for new accounts only). So, your best bet will be to transfer it to another bank and pay the fee. Might as well go with whichever 3% bt fee card let's you hold on to it the longest. Citi simplicity is 3% bt fee then carry it at 0% for 21 months, for example - not sure if there are cards that allow longer, but GIYF and check creditcards.com. At the end of that term, try and open a slate and bring it back to chase (although, be warned that opening a slate is subject to 5/24). This is how I would approach it.

And welcome! :)

Thanks for your response. So when you say "covert a card to it" meaning from one credit card to the slate?

I want to do the transfer soon, it doesnt sound like there is much to wait for deal wise. Everyone agree to that?


Offline shulem92

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Re: Balance Transfer Credit Card
« Reply #13 on: February 16, 2017, 12:08:08 PM »
Thanks for your response. So when you say "covert a card to it" meaning from one credit card to the slate?

I want to do the transfer soon, it doesnt sound like there is much to wait for deal wise. Everyone agree to that?
Look into Barclaycard ring

Offline Alwayshappy0909

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Re: Balance Transfer Credit Card
« Reply #14 on: March 02, 2017, 12:39:51 PM »
Im looking through the forum trying to get some info on Balance Transfers. Ive never done one before, but Im considering doing one now.

Might be me, but cant settle on any good advice I can apply to myself.

I want to do a simple Balance Transfer. Im transfering it from a Chase Freedom. I was told by a chase rep that at the moment i cant transfer to another chase card.

1) Is there a card anyone can suggest? Im debating whats more important no transfer fee or amount of time i might need.

2) Is there anything I should know about doing a transfer balance?


If I'm not being clear, i apologize I am a rookie. Thanks!
I'm looking now also up with Solution.
Which card did you end up applying for?