Reply
Regular Contributor
Posts: 147
Registered: ‎03-08-2012
0

DUCK CARD BT's

I app'd for the Duck Card strictly for the 0% BT, I have no plans to really use this card other than BT's.  I filled out the BT request on the App to transfer ~3K from my Citi TYP that's expiring at the end of NOV. 

 

Anyone else approved for the Duck card, filled out the BT fields can confirm how long it took (or if you're still waiting) for the BT to complete. I have no doubt that I will make the deadline before my TYP 0% expires. I just want to get a time frame of how long it takes, I hear CUs take longer for BT to complete because a lot time they have to cut an actual Check as a opposed to electronincally sending it like the Big Boys.

 

I know the BT I did when I first opened the TYP, Citi had those BT's completed around the same time I got my card. I don't expect OCCU to be just as fast, but it would be nice.  

>
Established Contributor
Posts: 1,045
Registered: ‎02-03-2009
0

Re: DUCK CARD BT's

[ Edited ]

I think they actually send a check to the other CC company. I also apped for a BT. I think my original app date was 10/7 - They sent a letter stating that they approved the BT (and the amount). I got this letter the same day the letter with my credit score came (approx 10/12) .Then I received a letter yesterday (letter was dated 10/14) stating that they sent the check to my other CC, and it should arrive within 10 days, so hopefully, they will get paid by 10/24. As of today, the payment  for the BT has not yet posted.


CC's: AMEX (4), Alliant Visa, PenFed AMEX, Pen Fed Promise, Citi (4), Chase (6), Nordstrom Visa,US Bank Cash+, Huntington Voice, UMB Visa, Nasa FCU Plat Cash Visa, Barclay's Visa, Citi (5), Discover IT, Walmart Discover, Sam's MC, Cabela's Visa, Cap One QS, BOA (2), BMW Visa, Comenity Visa/MC (3), Ebates Visa Siggy, 5/3 RLR MC, DC Premier MC, Macy's AMEX; A few store cards.

Current Scores: EQ My Fico (12/14): 785; TU MyFico (12/14): 793; EX (My Fico): 765; Walmart TU Fico 08 (1/2015): 788
Regular Contributor
Posts: 147
Registered: ‎03-08-2012
0

Re: DUCK CARD BT's

[ Edited ]
GTK - Thanks.....Could you come back once the BT is complete to give an idea of exactly how long they take...
>
Established Contributor
Posts: 1,045
Registered: ‎02-03-2009
0

Re: DUCK CARD BT's

FYI - I just checked and the payment for my BT posted this morning.


CC's: AMEX (4), Alliant Visa, PenFed AMEX, Pen Fed Promise, Citi (4), Chase (6), Nordstrom Visa,US Bank Cash+, Huntington Voice, UMB Visa, Nasa FCU Plat Cash Visa, Barclay's Visa, Citi (5), Discover IT, Walmart Discover, Sam's MC, Cabela's Visa, Cap One QS, BOA (2), BMW Visa, Comenity Visa/MC (3), Ebates Visa Siggy, 5/3 RLR MC, DC Premier MC, Macy's AMEX; A few store cards.

Current Scores: EQ My Fico (12/14): 785; TU MyFico (12/14): 793; EX (My Fico): 765; Walmart TU Fico 08 (1/2015): 788
Valued Contributor
Posts: 1,524
Registered: ‎08-17-2008
0

Re: DUCK CARD BT's

Will they send blank checks to BT or online transaction to BT?

$100K in Credit
Last Credit Card App: 11/16/13
Established Contributor
Posts: 1,045
Registered: ‎02-03-2009
0

Re: DUCK CARD BT's

[ Edited ]

The letter the sent said they mailed a check to the creditors, but I put in for the BT when apping for the card. I haven't looked online to see how they will do BT's going forward (sending checks or online only).


CC's: AMEX (4), Alliant Visa, PenFed AMEX, Pen Fed Promise, Citi (4), Chase (6), Nordstrom Visa,US Bank Cash+, Huntington Voice, UMB Visa, Nasa FCU Plat Cash Visa, Barclay's Visa, Citi (5), Discover IT, Walmart Discover, Sam's MC, Cabela's Visa, Cap One QS, BOA (2), BMW Visa, Comenity Visa/MC (3), Ebates Visa Siggy, 5/3 RLR MC, DC Premier MC, Macy's AMEX; A few store cards.

Current Scores: EQ My Fico (12/14): 785; TU MyFico (12/14): 793; EX (My Fico): 765; Walmart TU Fico 08 (1/2015): 788
Regular Contributor
Posts: 147
Registered: ‎03-08-2012
0

Re: DUCK CARD BT's


emptypockets wrote:

The letter the sent said they mailed a check to the creditors, but I put in for the BT when apping for the card. I haven't looked online to see how they will do BT's going forward (sending checks or online only).


Got my card this past Friday, and set my online account up only to find out the only way to do a BT after recieving the card, is by Phone with a rep.....OCCU really is not up on technology in this regard.... and all BTs are send via Paper Check to the other CC's.. Nothing is sent electronically. 

 

I consider it a trade-off for having a nice High Limit, and a 0% for a year. 

>
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.

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.