Newbie here--really glad I found your board!
I was just approved for a Discover card with a decent credit limit (6,200, and second favorite card after Visa Cash Plus). One of the big promos for the card is 0% interest on balance transfers for a specified amount of time (and then 12.99% thereafter). I have 3 other cards and carry a balance on my Amtrak Guest Rewards card from Chase. It was my first card and has great travel perks, but a poor APR of 19.29%.
I'm paying down the balance on the Chase card, but thought I might save some money in the meantime by transferring the remaining balance to Discover.
My question is two-fold: does the credit card issuer itself look favorably on these balance transfers, and will doing it be a bad idea for my credit score?
Thanks in advance for any words of wisdom you can send my way--appreciate it and glad to be a new forum member.