Reply
Frequent Contributor
Posts: 335
Registered: ‎08-12-2011
0

Re: Balance transfers?

I am bad at explaining things so lets say you have a Amex card with 1000 and you want to do a BT with a new 0% card,  Your new card has a BT fee it may be 0 or 3% ,4% ,5% so after you BT  900.00 on to your new card   the BT fee will be added to your new card along with the 900.00. Have the bank make sure the  BT fees don't cause you to go over your credit limit for that card.  The new card gets the BT fee. Sorry I should have said that in the first place. LOL my DH just let our little Chihuahua out to relieve herself and she just chased off the ups guy with our Amazon package. LMAO,  He can beat her to the truck,the driver that is. OMG I can't stop laughing.  :smileylol: Two hijacks in one thread.

Super Contributor
Posts: 5,726
Registered: ‎12-11-2011
0

Re: Balance transfers?


ShiningDown wrote:

I am bad at explaining things so lets say you have a Amex card with 1000 and you want to do a BT with a new 0% card,  Your new card has a BT fee it may be 0 or 3% ,4% ,5% so after you BT  900.00 on to your new card   the BT fee will be added to your new card along with the 900.00. Have the bank make sure the  BT fees don't cause you to go over your credit limit for that card.  The new card gets the BT fee. Sorry I should have said that in the first place. LOL my DH just let our little Chihuahua out to relieve herself and she just chased off the ups guy with our Amazon package. LMAO,  He can beat her to the truck,the driver that is. OMG I can't stop laughing.  :smileylol: Two hijacks in one thread.


Lol! thanks. I was always just curious since both cards have BT fees, I never knew who charged you xD 

;
Frequent Contributor
Posts: 331
Registered: ‎08-27-2012
0

Re: Balance transfers?

That was a little confusing, but I am not the sharpest crayon in the box either ha ha. I think after I start using my CC's more, I hope to understand the lingo better. I tried to recon with Discover and they said that because my BK being so recent(2 years ago) that I should wait another 6 months and reapply. Hopefully by then, I will have my utilization down to 9% and will be approved! Thank you :smileyhappy:

Frequent Contributor
Posts: 331
Registered: ‎08-27-2012
0

Re: Balance transfers?

Boo to Citi as well. Unsuccesful recon because of my BK. Come on, am I really the only person who has filed BK?! I cant get anything with it reporting :smileysad:

Frequent Contributor
Posts: 335
Registered: ‎08-12-2011
0

Re: Balance transfers?

 .  If you BT a different cc balance to your Capital one cc then you will probably pay the same annual percentage rate your capital one card is at 

So if capital one is offering you a BT with 0  BT fees  and it dosnt say 0 interest rate then you will paying the same apr on this transfers amount as soon as it shows up on your capital one card.  Someone else translate in English so this makes since.     

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 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.

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

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com 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.