Balance Transfer Cheque

[imhotepng]

Hello Everyone,

Please I need advice on how to use a balance transfer cheque.

Do I mail the cheque to the card I want to transfer from or deposit into my account and pay from the account.

All responses are highly appreciated!

[hutchj]

---

@imhotepng wrote:

Hello Everyone,

Please I need advice on how to use a balance transfer cheque.

Do I mail the cheque to the card I want to transfer from or deposit into my account and pay from the account.

All responses are highly appreciated!

---

I believe you can do both. I've always just done my BT online.

[myjourney]

---

@imhotepng wrote:

Hello Everyone,

Please I need advice on how to use a balance transfer cheque.

Do I mail the cheque to the card I want to transfer from or deposit into my account and pay from the account.

All responses are highly appreciated!

---

Sometimes you can sign into your account and do it also

[imhotepng]

Thanks for the responses.

I have gone ahead to do the transfer online.

[drcc2013]

hi i usally just cash in my checking account and pay from my account

[HiLine]

When I got my transfer checks I actually called my bank to ask how to use them. They said they could do the transfers on the phone for me. If I wanted to deposit into my bank account, the interest rate on the transfer when the promotion expires will be the cash advance APR; whereas paying another credit card's balance will leave me with the purchase APR. The APR seems to be the only difference; both options will take the same amount of time to process.