Balance Transfer from AMEX PRG to Amex BCE

[Anonymous]

Guys, I was wondering if this is ok to do:

I got approved for the PRG 50K from Amex, as well as BCE.

If I charge $1000 on the Amex PRG (to get the 50K rewards point), am I then able to transfer the $1K from the charge card to Amex BCE immediately, with no fees or penalty or issues?

Or si there a caveat, that I am not aware of, lol

Thanks

[OmarGB9]

Don't know if it's possible to BT from the same bank since Amex would essentially be paying themselves in a sense. But I'll give this a bump for someone more knowledgeable and experienced to chime in.

[Anonymous]

I believe any balance transfers don't qualify as spending, if you are looking for the balance transfer to get the bonus on the BCE.

[Anonymous]

I'd chat w/ Amex about this, but I cannot imagine the balance transfer, if it's possible, would be fee free.

Why not just spend $11-12 a day and pay it every couple of weeks? You have 90 days to spend the $1,000, and would need to merely spend $11.11 a day to make it.

[Skye12329]

You wouldn't be able to transfer form one Amex to another. Banks don't transfer from their own products to another. You could transfer your prg balance to another lenders card.

As for fees the only way to avoid the transfer fee is if your card has a 0% transfer fee.

[Anonymous]

---

@Skye12329 wrote:
You wouldn't be able to transfer form one Amex to another. Banks don't transfer from their own products to another. You could transfer your prg balance to another lenders card.

As for fees the only way to avoid the transfer fee is if your card has a 0% transfer fee.

---

Correct.  Can't  be done from one card to another within same creditor.