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Balance transfer cards

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ecxpa
Valued Contributor

Balance transfer cards

When apping for a BT card does it help to show the CC you are planning to transfer balances from.......or does it make any difference?

Message 1 of 6
5 REPLIES 5
Skye12329
Valued Contributor

Re: Balance transfer cards

Like when applying for the section of add a BT? I would say it helps with the limit, mainly because a lender wants to give you limits that suits your needs. 

BK7 - 2/21
Cap1 QS - 2k (4/21)
Mission Lane - 4k (11/21)
Venmo - 900 (11/21)
SavorOne - 2500 (12/21)
VentureOne - 2000 (7/22)
Message 2 of 6
ecxpa
Valued Contributor

Re: Balance transfer cards


@Skye12329 wrote:

Like when applying for the section of add a BT? I would say it helps with the limit, mainly because a lender wants to give you limits that suits your needs. 


exactly what I was asking......wonder if the CL you are transferring the balances from helps also.  I am thinking about transferring balances from a couple of cards one has a 7K limit the other has a 12K limit.  Total transfer between the two is about 2.5K

Message 3 of 6
Skye12329
Valued Contributor

Re: Balance transfer cards

2.5k or 25k? Just wanting to make sure. If your applying for Discover or Chase Slate on the BT. There is a section to add the BT before submitting the application. If you enter the 2.5k because it will ask the amount of each account i mean you dont want to say all 19k on that 1 card because then those 2 your transferring would be negative Smiley Tongue i think you will be fine on getting a decent limit, however i do think it will help with a higher one.
BK7 - 2/21
Cap1 QS - 2k (4/21)
Mission Lane - 4k (11/21)
Venmo - 900 (11/21)
SavorOne - 2500 (12/21)
VentureOne - 2000 (7/22)
Message 4 of 6
ecxpa
Valued Contributor

Re: Balance transfer cards


@Skye12329 wrote:
2.5k or 25k? Just wanting to make sure. If your applying for Discover or Chase Slate on the BT. There is a section to add the BT before submitting the application. If you enter the 2.5k because it will ask the amount of each account i mean you dont want to say all 19k on that 1 card because then those 2 your transferring would be negative Smiley Tongue i think you will be fine on getting a decent limit, however i do think it will help with a higher one.

I am thinking about a BT of 800 from the 12K limit  card and 1300 from the 7K limit card.... I just checked my balances.  .  I do not plan on closing either card......just transfer the debt to the new card.

Message 5 of 6
Skye12329
Valued Contributor

Re: Balance transfer cards

I dont think you will have a problem Smiley Happy Are those your only balances?

BK7 - 2/21
Cap1 QS - 2k (4/21)
Mission Lane - 4k (11/21)
Venmo - 900 (11/21)
SavorOne - 2500 (12/21)
VentureOne - 2000 (7/22)
Message 6 of 6
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