Credit Cards Center Credit cards from our partners
Posts: 15
Registered: ‎09-17-2012

Balance Transfer

I have a Wells Fargo Financial National Bank card through a jewelry store that I was approved for when i recently bought an engagement ring.  They had 9 mos 0% so I didn't feel bad about financing part of the ring.  They also gave me a high limit, 10.3K, which was also a plus.  That is my highest limit to date.  Anyways, the website that WFFNB uses is not connected to the regular WF online banking site.  It doesn't allow you to check balance, look at past statements, nothing.  It only gives you the ability to make a payment.  I can't even get online statements.  It is very inconvenient, so I called WF to see if I could get this account added onto my WF online banking, they said no, we can't not connected, but we can get a balance transfer to your WF cc from the jewelry card with 1 year 0% on balance transfers.  I thought great, but the balance on the jewelry card is higher than my limit on my regular credit card, he says that they can increase it for balance transfers.  It still sounds good, but what implications would I need to be aware of, credit pulls, dings to my report, not paying off the balance on the jewelry card and transferring the balance instead.  Is there a reason why I shouldn't transfer the balance and get an extra 3 mos to pay it off?  It would then be available to view on my regular online banking site...

Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on internal myFICO analysis of actual applicant approvals, and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range. These ranges were not provided by any card issuer.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.