Balance transfer twice to/from same cards?

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3 posts
mrtorrent
 
Posts: 2
Joined: Sun May 25, 2014 8:19 am
Location: NH

Balance transfer twice to/from same cards?

Postby mrtorrent » Sun May 25, 2014 8:27 am

Hello all, just a couple quick questions about balance transfers to which I haven't been able to dig up an answer:

1. Can I transfer to/from the same cards more than once? i.e., can I do a balance transfer for $1000 from card A to card B, and then later do the same again?
2. Can I BT more than the amount currently owed on the "from" card?
3. Follow-up to #2: can I also BT more than the credit limit on the "from" card, like an overpayment? i.e. if card A has a CL of $1000 which is maxed out, and card B has a CL of $2000, can I transfer the full $2000, thus overpaying card A by $1000, which I can then use up as needed?

Thanks in advance for any guidance!


takeshi
Centurion Member
Centurion Member
 
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Joined: Wed Jun 05, 2013 3:12 pm
Location: US

Postby takeshi » Sun May 25, 2014 10:10 am

You'd have to look at the terms for the card you're transferring to for 1. Terms aren't always the same for BT's.

mrtorrent
 
Posts: 2
Joined: Sun May 25, 2014 8:19 am
Location: NH

Postby mrtorrent » Wed May 28, 2014 2:28 pm

Thanks for your reply. I've read through the cardmember agreement for my card (Chase Slate), but it doesn't reference any of these issues. Any idea what companies' policies tend to be?



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