Balance transfers

Discuss the Visa & MasterCard payment networks as well as cards that operate through them.
3 posts
pharpe
 
Posts: 1
Joined: Fri Dec 30, 2016 3:00 pm

Balance transfers

Postby pharpe » Fri Dec 30, 2016 3:05 pm

I am interested in transferring some credit card balances to a 0% for 18 month deal. The Chase Slate seems to be one of the better ones. However, the current card with a balance is a Southwest Airline Chase card so I cannot transfer that to the Chase Slate. I have other cards not with chase though. Could I transfer the high balance from the SWA Chase card to one of my non chase cards and then transfer that to the Chase Slate?


rockyrock
Centurion Member
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Location: Ventura, CA

Re: Balance transfers

Postby rockyrock » Fri Dec 30, 2016 11:17 pm

pharpe wrote:I am interested in transferring some credit card balances to a 0% for 18 month deal. The Chase Slate seems to be one of the better ones. However, the current card with a balance is a Southwest Airline Chase card so I cannot transfer that to the Chase Slate. I have other cards not with chase though. Could I transfer the high balance from the SWA Chase card to one of my non chase cards and then transfer that to the Chase Slate?


As long as those other cards offer BT options. Look at the BT fee though as it may cost you more in the long run to move around so much.
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Stros05
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Re: Balance transfers

Postby Stros05 » Tue Jan 03, 2017 10:23 am

You might want to consider the Discoverit card for your balance transfer. It is offering a 0% APR for 18 months on balance transfers.

I would not recommend transferring the balance twice (to get the balance onto the Chase Slate card). You will have to pay a 3% transfer fee each time. That will be expensive.



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