How do you do a balance transfer?

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Dylan1982
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How do you do a balance transfer?

Postby Dylan1982 » Fri Apr 27, 2012 7:10 am

Say I want to apply to a Citi credit card and transfer the balance from my GM card, how would I go about doing that?

I'm still trying to figure out what Citi cc I want at this time
Chase Freedom - $12,500 (2/2013)
GM Card - $7,700 (7/2002)
CitiBank (Thank You Preferred) - $6,400 (6/2012)
CitiBank (Diamond Preferred) - $4,600 (6/2012)
Rogers & Hollands - $3,300 (3/2006)
Target REDcard - $3,000 (11/2014)
BestBuy - $1,600 (9/2003)
Discount Tires - $1,000 (2/2004)
Kohl's - $300 (4/2012)


DavidNY
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Postby DavidNY » Fri Apr 27, 2012 9:42 am

The BT is part of the application.

You can also just have a check cut to you.

There's a 3% fee.

Dylan1982
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Location: Chicago

Postby Dylan1982 » Sat Apr 28, 2012 11:39 am

DavidNY wrote:The BT is part of the application.

You can also just have a check cut to you.

There's a 3% fee.

Recveiving a check from them, isn't that like a cash advance? Wouldn't the APR be higher then?

I've never done a BT, that's why I am asking. Still trying to decide what card I want to apply for
Chase Freedom - $12,500 (2/2013)
GM Card - $7,700 (7/2002)
CitiBank (Thank You Preferred) - $6,400 (6/2012)
CitiBank (Diamond Preferred) - $4,600 (6/2012)
Rogers & Hollands - $3,300 (3/2006)
Target REDcard - $3,000 (11/2014)
BestBuy - $1,600 (9/2003)
Discount Tires - $1,000 (2/2004)
Kohl's - $300 (4/2012)



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