Balance transfers

Discuss the Visa & MasterCard payment networks as well as cards that operate through them.
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nydisneykid
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Balance transfers

Postby nydisneykid » Thu Oct 29, 2015 5:22 am

Is there a time limit for balance transfers you have to meet to a new card? ( like within the first 90 days of opening the new account?)


Vermonster
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Re: Balance transfers

Postby Vermonster » Thu Oct 29, 2015 7:48 am

Generally this is set by the issuer as a part of the signup bonus. Each card is different.
Chase Freedom $9k~~Chase Sapphire Preferred $6.5k~~Amex Blue Cash Preferred $12.4k~~Citi Double Cash $4.7k

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CarefulBuilder14
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Re: Balance transfers

Postby CarefulBuilder14 » Thu Oct 29, 2015 10:23 am

In principle, you can do a balance transfer at any time (though the BT fee and APR might be awful).

Many issuers require the BT to be within the first few months of opening a card to get the best terms. Check the card's terms and conditions.
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takeshi
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Re: Balance transfers

Postby takeshi » Thu Nov 05, 2015 9:06 am

nydisneykid wrote:Is there a time limit for balance transfers you have to meet to a new card? ( like within the first 90 days of opening the new account?)

As always, read the terms. Offers are not all the same. Some BT offers are time limited. Typically these are promotional offers such as 0% or anything lower than the cash advance rate. However, many cards have BT's always available but typically at the cash rate.



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