Reply
Contributor
Posts: 106
Registered: ‎07-15-2011
0

Need Experienced Advice From All

So I have at present time:
Discover More...3500 balance that's on 0% ending December 2012.
Citi Simplicity...1k balance. Just got card in April and card IS AMAZING! 0% Purchases & BT's all through December of 2013! They don't penalize for being late...but why be late anyway?

My girlfriend just got a preapproved offer from Discover for the More that offers 0% purchases and BT's (from date of 1st transfer, for transfers under this offer that post to account by 12/10/12) for 15 months.
She has stellar credit when I helped her get hers from annualcreditreport.com....hovering around 720-735 for all scores.

Question is, I am confident that I can pay off my 3.5k balance on my Discover More before December...but just curious- does anyone know if I would be able yo transfer my remaining balance from MY discover more to HERS when she applies and gets her limit? Will Discover honor a BT from my Discover More to HER discover More?

Thanks to all who respond!
Frequent Contributor
Posts: 311
Registered: ‎07-08-2012
0

Re: Need Experienced Advice From All

Balance transfers aren't allowed from a Discover card to another Discover card, regardless of who's account it is.

Scores:
07/29/12: EX FICO (Amex) 684 | EQ MyFICO 631 | TU Walmart 695
Current: EX FICO (MyFICO) 733 | EQ (MyFICO) 683 | TU (Walmart) 745

First Goal: 700+ across the board - Got it on EX & TU!!!
Valued Contributor
Posts: 1,346
Registered: ‎04-15-2011
0

Re: Need Experienced Advice From All


heytherehitherehothere wrote:
So I have at present time:
Discover More...3500 balance that's on 0% ending December 2012.
Citi Simplicity...1k balance. Just got card in April and card IS AMAZING! 0% Purchases & BT's all through December of 2013! They don't penalize for being late...but why be late anyway?

My girlfriend just got a preapproved offer from Discover for the More that offers 0% purchases and BT's (from date of 1st transfer, for transfers under this offer that post to account by 12/10/12) for 15 months.
She has stellar credit when I helped her get hers from annualcreditreport.com....hovering around 720-735 for all scores.

Question is, I am confident that I can pay off my 3.5k balance on my Discover More before December...but just curious- does anyone know if I would be able yo transfer my remaining balance from MY discover more to HERS when she applies and gets her limit? Will Discover honor a BT from my Discover More to HER discover More?

Thanks to all who respond!

If I remember correctly, most CCCs ban that in the fine print (can't transfer balance from our card to our card, type of thing).

Contributor
Posts: 106
Registered: ‎07-15-2011
0

Re: Need Experienced Advice From All

I see. Thank you both. I was searching for my Cardholder Agreement for my card to see if there was anything regarding that but it sounds like a definite NO. Not an issue. She just has her car loan and a dinky Furniture Row card with a limit of 1200 and a 500 balance that's getting paid off here soon.
Her and I are just wanting to find SOME way to consolidate ALL of our cards. She has been contemplating getting a PL thru a CU but doesn't know how to do it on her own. All she really does is work. She's not in to this FICO, credit management stuff like I am.
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.