It’s actually called a balance transfer.

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May 13, 2019
8:20:06pm

russkiejedi All-American

It’s actually called a balance transfer.

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russkiejedi

Bio page: russkiejedi
Joined: Feb 22, 2005
Last login: Oct 31, 2024
Total posts: 141,415 (56,751 FO)

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Messages

Author

Time

What should I know about transferring debt from one card to another?

Cougarrr

5/13/19 6:52pm

You still have to pay it back eventually

coolcats

5/13/19 6:54pm

to many trips to D-land.

Mayor of Cougartown

5/13/19 6:55pm

Usually a 2-3% transfer fee.

mulletino

5/13/19 6:54pm

Some banks can be more like 4-5% (especially Citi)

CougarHut

5/13/19 7:03pm

Read the fine print. There's often limits and fees if they don't meet certain requirements.

5/13/19 7:01pm

It's a good tool to use occasionally.

VACOUGFAN

5/13/19 7:12pm

Barclays has a pretty good balance transfer card. Ring

BertoChavez

5/13/19 7:28pm

Though to expound, the negatives:

BertoChavez

5/13/19 7:32pm

It is called kiting

Archaea

5/13/19 8:19pm

It’s actually called a balance transfer.

russkiejedi

5/13/19 8:20pm

Um, no.

Doodlebob

5/14/19 12:11am

As long as it let's you keep on going to Disneyland keep on doing it

5/13/19 9:06pm

I've been twice in the last 6 years. Next trip is in a year and a half, probably

Cougarrr

5/13/19 9:59pm

Balance transfer is an amazing way to pay off debt if you’re disciplined

Jersey hunter

5/13/19 9:35pm

Thanks!

Cougarrr

5/13/19 10:02pm

I know nothing, i pay off my CCs every month

5/14/19 8:37am

Perfectly applicable response. Well done.

mulletino

5/14/19 8:40am

I was like that for 12 years. Then I lost my job and it took some time to get

Cougarrr

5/14/19 8:49am

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