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When I request a credit card to do a balance tranfer from one card with higher interest to a lower interest card does the card being paid know my credit card information or which card is paying it? I know the card that Im transfering to knows which card because I have to put in all the card information but I don't see anywhere when I do a transfer that they card being paid shows this or knows this information? Anyone have experience on this? I temporarily need to move some money to a few different cards and don't want any kind of issues for this in any way.
@Legions36 wrote:When I request a credit card to do a balance tranfer from one card with higher interest to a lower interest card does the card being paid know my credit card information or which card is paying it? I know the card that Im transfering to knows which card because I have to put in all the card information but I don't see anywhere when I do a transfer that they card being paid shows this or knows this information? Anyone have experience on this? I temporarily need to move some money to a few different cards and don't want any kind of issues for this in any way.
The receiving bank does not know any of your card information. To them it is seen as electronic transfer of funds from whatever bank your card is issued from.
@Anonymous wrote:
@Legions36 wrote:When I request a credit card to do a balance tranfer from one card with higher interest to a lower interest card does the card being paid know my credit card information or which card is paying it? I know the card that Im transfering to knows which card because I have to put in all the card information but I don't see anywhere when I do a transfer that they card being paid shows this or knows this information? Anyone have experience on this? I temporarily need to move some money to a few different cards and don't want any kind of issues for this in any way.
The receiving bank does not know any of your card information. To them it is seen as electronic transfer of funds from whatever bank your card is issued from.
TY. I thought they wouldn't be able to see that info but didn't know for sure.