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Regular Contributor
ontop
Posts: 125
Registered: ‎04-17-2011
0

BOA balance transfer question

I just saw in my account an offer for 0% balance transfer, in addition to that, I've noticed it also allow me to  transfer in to my checking. Is that mean:

 

I can do a BT into my checking and then just use the amount like my own cash? I can do whatever I want? :smileytongue:

 

 

Thanks for helping me,

Starting Score: 547
Current Experian Plus Score: TU 736, EQ 727, EX 736 [10/12/2011]
Current FICO Score: TU 732, EQ 686 701 (down from 729) [09/12/2011]
Goal FICO Score: 777
Valued Member
Gabo
Posts: 27
Registered: ‎01-20-2011
0

Re: BOA balance transfer question

Yes, you can transfer to your check, this is consider BT not cash advance however you will be charge 4 dollars per 100 you transfer and you can pay it until your promotion expired w/o interest 

Regular Contributor
ontop
Posts: 125
Registered: ‎04-17-2011
0

Re: BOA balance transfer question

[ Edited ]

Gabo wrote:

Yes, you can transfer to your check, this is consider BT not cash advance however you will be charge 4 dollars per 100 you transfer and you can pay it until your promotion expired w/o interest 


Thanks Gabo, I'm clear now.

 

Banks are weird, do they? They only allow 30% cash advanced from the total CL plus the high APR, but then they offer a BT 100% into checking with 0% APR with the same 4% fee like cash advanced fee (my BOA)

Starting Score: 547
Current Experian Plus Score: TU 736, EQ 727, EX 736 [10/12/2011]
Current FICO Score: TU 732, EQ 686 701 (down from 729) [09/12/2011]
Goal FICO Score: 777

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