- Centurion Member
- Posts: 875
- Joined: Thu Apr 30, 2009 2:32 pm
- Location: Texas
is to transfer to a card that has a 0 balance at time of transfer and to not charge ANYTHING to that card until the transfered balance is paid off. Do not comingle transfered balances and purchases/cash advances on the same card.
Ideally you will use one card for all of your purchases and pay it off every month and manage your payments on the BT card to maximize your interest savings/minimize costs.
That said, the first offer sounds like the better deal. It has a lower fee and is for a longer period, if I read that right. BTs for less than 9 mos. are a waste of time (and the fee!) in my opinion.
I used to card surf when 12-mo. 0% BT offers with no/minimal fee would fly in your window when you were driving down the street. Glad I'm not doing it now. Good luck.
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.