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[LS2982]

It has an invitation code on it. Is this a pre-approval?? I did opt back in like 2-3 weeks ago.

I'm only interested in the 18 month BT offer. Would it be good for my situation??

Think I would be approved with the debt I currently have?? To be honest I really dont want another account but if I can save myself a good bit of interest over the next 8-10 months it might be a good thing.

[flowfaster]

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@LS2982 wrote:

It has an invitation code on it. Is this a pre-approval?? I did opt back in like 2-3 weeks ago.

I'm only interested in the 18 month BT offer. Would it be good for my situation??

Think I would be approved with the debt I currently have?? To be honest I really dont want another account but if I can save myself a good bit of interest over the next 8-10 months it might be a good thing.

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Not sure what your asking but does it say your pre-approved or not?  Is there an OPT-OUT box on the bottom? 

And about your situation I would say no.  Didn't you just get a Barclays for the purpose of a 0% balance transfer?  I would just pay off your debt before obtaining more credit.

[LS2982]

Im definitely working on paying down the debt just thinking about all the interest I could save. Probably best to leave it alone tho.

[flowfaster]

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@LS2982 wrote:
Im definitely working on paying down the debt just thinking about all the interest I could save. Probably best to leave it alone tho.

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LS,  do the math and if it's worth it you then do it.  If your doing all of this just to save $200-300 I would still say no.  $500+ then yes.  It usually takes $400+ dollars in bonus/savings to get me to app for something.

[Simply827]

Shouldn't you be gardening LS??

Apply the itch cream!

[LS2982]

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@Simply827 wrote:

Shouldn't you be gardening LS??

Apply the itch cream!

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Your SO right....I shall take my butt back to my garden!!!!

App hit the shredder.......

[Simply827]

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@LS2982 wrote:

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@Simply827 wrote:

Shouldn't you be gardening LS??

Apply the itch cream!

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Your SO right....I shall take my butt back to my garden!!!!

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+1

And why did you opt back in knowing you'd be tempted? I think you should opt out again.

[lg8302ch]

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@Simply827 wrote:

Shouldn't you be gardening LS??

Apply the itch cream!

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+1

The basic idea behind to save on interest and apply for a new card to BT at 0% kind of makes sense....but this can only be a good idea with a very tight payment plan and not end up using more credit again...therefore I would recommend to stay away unless you can really be strong and refrain from using the new CL for new purchases...I know I am very conservative with  my cards and probably  a lender nightmare for my habits 

[LS2982]

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@lg8302ch wrote:

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@Simply827 wrote:

Shouldn't you be gardening LS??

Apply the itch cream!

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+1

The basic idea behind to save on interest and apply for a new card to BT at 0% kind of makes sense....but this can only be a good idea with a very tight payment plan and not end up using more credit again...therefore I would recommend to stay away unless you can really be strong and refrain from using the new CL for new purchases...I know I am very conservative with  my cards and probably  a lender nightmare for my habits 

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I've actually been very good with the Barclays account for the past 3 months not using it at all and paying down the balance in chunks.

And yes I did opt back out because i'm still scared of them JDB's.

[webhopper]

You're doing great, that being said, I don't like Citi and I don't like the idea of opening a new card for a BT... unless, like others mentioned, you will be saving more than 500 in interest.

If you still want a Citi card as a backup later on down the road, you should definately consider it.

Also, you could consolidate to a personal loan at lower interest... 

What rates are you paying now on your balances?