- Centurion Member
- Posts: 875
- Joined: Thu Apr 30, 2009 2:32 pm
- Location: Texas
Read the fine print. They will charge you a one-time transfer fee of AT LEAST 2%, but these days it's probably more like 4-5%. It is not worth it.
At any rate, you are way too young and new to credit to be dabbling with balance transfers. Let your parents pay off the $200 and save up for the netbook. Do not buy anything with your Chase card that you/your parents can't/won't pay off in full each month.
American Express: Blue Cash Preferred (groceries, 6%; gas, department store, 3%); Gold Delta SkyMiles (Delta Air Lines, 2 miles/dollar, free checked bag).
US Bank: Cash+ (utilities, phone, internet, restaurant, 5%; drugstores, 2%).
FIA Card Services: Fidelity Amex (everything, 2%); Fidelity Visa (everything, 1.5%).
Chase: Freedom (rotating, 5%); Amazon (Amazon.com, 3%); PriorityClub (IHG hotels, 5 points/dollar); Sapphire (not in use).
*All cards are registered with PriorityClub IDine program for 8 points/dollar at participating restaurants.