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09-09-2013 05:31 AM
I have a few credit cards that I did a BT on and now are at a zero balance and on the new card at 0%. I have a big purchase that I need to make, so could I use the card that is now at a zero balance and then do another BT to the same card that I did before? Or would the card frown on that? Hope this makes sense...
09-09-2013 05:39 AM
09-09-2013 05:46 AM
So basically, here is where I am at. The new card that I used to BT everything to is 0% for 12 months with no BT fees. But the purchase APR is 17% so that is why I was thinking of using the old cards again and then doing another BT to the new one so it would be 0% again. I have all month to do the BT's for 0%...
09-09-2013 06:39 AM - edited 09-09-2013 06:40 AM
Why would either card care? As long as you're within the terms...
As far as I can tell the items to be concerned about are the utilization on your 0% card, being able to pay off the balance before the promo ends and associated fees.
09-09-2013 06:46 AM
agreed and we have a plan in place to have it all paid off in 12 months, so that I am not too concerned about. Just wanted to make sure since the BT card already paid off the old card and didn't want any red flags if they send them another check. Thanks for the feedback!
09-09-2013 07:03 AM