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  1. #1
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    Default How fast are balance transfers? Who's quickest?

    Does anyone know which credit card companies transfer balances the quickest? I know Discover can take up to 3 weeks or longer
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  2. #2
    Centurion Member Vandalized2's Avatar
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    US Bank 10-14 days
    VISA:
    Wells Fargo Platinum 2/11 2.2k
    US Bank Cash+ 2/13 10.5k
    MasterCard:
    Sears Credit Card 11/11 5.4k
    American Express:
    Green 4/13 NPSL
    Blue Cash Everyday 4/13 9.8k
    Total Credit Available: $27.9k
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  3. #3
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    Penfed had mine done within 3 days for Amex and about a week for my credit union (which is another small federal credit union).
    Cards:
    American Express Platinum (NPSL)
    Penfed Platinum Reward Visa ($28K)
    Chase Freedom Visa ($25K)
    Fidelity American Express ($20K)
    American Express Blue Cash Preferred ($20K)
    Bank of America Cash Rewards MasterCard ($20K)
    Citi Thank You Preferred Visa ($9.5K)
    Chase Sapphire Preferred ($7.5K)
    US Bank Cash + Visa Signature ($7K)
    Discover IT ($4K)
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  4. jrv
    jrv is offline
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    Citibank did a few of my balance transfers within a day after submitting the request before noon. I was shocked that it was done so quickly.
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  5. #5
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    Quote Originally Posted by jrv View Post
    Citibank did a few of my balance transfers within a day after submitting the request before noon. I was shocked that it was done so quickly.
    Did you have them do a balance transfer by transferring funds to your bank account or did they pay off another creditor? When I had a balance transfer done with Citi by having them deposited the funds in my bank account, they had the funds appear in my bank account the next business day. I was really surprised and amazed how quick that was.
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  6. #6
    jrv
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    I had them pay the creditor directly.
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  7. #7
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    Citi bank was awesome...I would have money in 2 days in my bank account.

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  8. Gold Member
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    Discover never took more than 5-7 days for the full transaction to finish. Usually within a day or two I see "processing" showing the Discover network absorbing the transfer and then about 2-3 days a credit showing up on my card's balance. Must've been a one-time deal on your end.
    AmEx Platinum 2009 & Blue Cash 2012 $3.5K
    BofA BankAmericard 2012 $5K | Chase Sapphire 2012 $5K & Amazon 2007 $6.5K
    Discover Cashback 2007 $7.5K & It 2013 $3.5K | Citi Simplicity 2011 $3.2K & Diamond Preferred 2011 $1.2K
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