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Showing results for tags 'BT'.
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ok, thnx again all for your suggestions in previous posts. I might need to make another success story, for our journey but that's later. On to my question App for Barclay rewards (high credit) card was denied so i called the recon line (approved after call). As the rep was asking a few q's he "overheard" my wife ask about 2 of our other cards. He then asked if i had heard about their ring card? said its 8% ("fixed"?) APR with no BT fee. It seemed like a good idea. The funny part is that the cards my wife was asking about are "builder cards" with around 22% APR. Would it be a good idea to BT the high APR cards? i already have the figures up. if i were to transfer all of our high APR cards to the ring card, we'd save $3k in interest & pay it off about 16 months sooner. Seems like a no brainier to me, but in the multitude of counselors there is safety, so i thought I'd ask:)
Had a question about balance transfers, for those in the know. I know you cannot BT from one card to another card issued by the same bank. But is there anything that prevents them from approving a BT if you go from one bank to another bank and later go back to the first bank (different card)? For example. Imagine I have $2,000 on a Chase credit card. I also have an opened AmEx BFP. I would like to BT the $2,000 from Chase to BFP. Then, down the line, I want to open Chase Slate (to take advantage of their 0% APR and $0 BT fee). Would I be able to BT from AmEx to Slate? Would it matter if it will be a different amount (i.e., if amount "from BFP to Slate" is greater than the initial "from Chase to BFP")?? Thanks in advance for any insights!!