Transferring a balance from then back to a card

[Marcos8]

Hello all. What is the consensus on doing a BT from a card and then at a later point possibly doing a BT back to that card? I paid off a card with a BT  but in trying to centralize things I think the original card with its sizable credit line would be the best place to park some debt from multiple sources. What would be considered an acceptable timeframe to BT back to the first card? I don't want to make any lender upset or risk an AA of any kind so I figured I ask first. Thanks!

[Anonymous]

Done it before. Nothing special.

[Anonymous]

I don't think any lender would have a problem with it. They'll get their BT fees so they'll be happy.

[taxi818]

Consequences other than the 3% you are paying in fees to each provider? None other than your pocket being a little lighter. unless you have a couple of credit unions that don't charge a BT fee.

[Anonymous]

Or Capital One and then transfer back.

[Anonymous]

Pretty safe common practice. Also known as credit shuffle.

[Anonymous]

Shuffling now. Barclays lags and still is reporting my balance that's on cap1. Friendly warning you can stand to lose 15 to 20 points doing this if your overall ulilisation pops over a internal number but if you are about to start paying interest saving money is way more important

[NRB525]

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@Marcos8 wrote:

Hello all. What is the consensus on doing a BT from a card and then at a later point possibly doing a BT back to that card? I paid off a card with a BT  but in trying to centralize things I think the original card with its sizable credit line would be the best place to park some debt from multiple sources. What would be considered an acceptable timeframe to BT back to the first card? I don't want to make any lender upset or risk an AA of any kind so I figured I ask first. Thanks!

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I've done it many times. Often with the direct intent to "reup" the expiring BT offer, such as at BofA. BT the amount off the card to a CapOne, wait a week or two for the item to settle from the old card, perhaps make a payment, then use the BofA BT offer to take advantage of the 4% fee and 0% APR offer again.