kdm31091 wrote:This is standard practice among all issuers. Think about it: what sense does it make for an issuer to allow you to transfer debt you owe to them onto a card with 0% also with them? It doesn't make sense, and that's why they don't allow it. Has nothing to do with you.
Right, why would Chase let you earn 10% and then take your sweet time to pay it off? There's also an accounting reason for this. When one does a balance transfer, the bank the balance is being transferred to in effect pays the bank the balance is being transferred from. You can't do that if it's the same bank. The original creditor, in this case the same creditor the debt would be transferred to, couldn't pay itself for debt it itself issued by issuing more debt.