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Regular Contributor
jaraico
Posts: 104
Registered: ‎03-07-2013
0

balance transfer...rewards question???

i opened a new card and if i spend 500 bucks in the first three months i get 100 cash back, question is if i do a balance transfer does that meet the requirements to get points?

 

thanks in advanace!

 

Barclays TU: 760 MyFico EX: 746 EQ:?

Moderator
09Lexie
Posts: 25,880
Registered: ‎09-13-2012
0

Re: balance transfer...rewards question???

Most T&Cs will say no, BTs and cash advances would not satisfy the spend requirement.
Frequent Contributor
MissCredit9
Posts: 419
Registered: ‎08-08-2013
0

Re: balance transfer...rewards question???

I found myself asking this question in the past.... YMMV but for me the answer was no.

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Established Contributor
TiggerDat
Posts: 1,038
Registered: ‎10-15-2011
0

Re: balance transfer...rewards question???

Nope, in most (if not all) instances the balance transfer does not count.  Usually in the application it tells you this, you might not have noticed it though.  Also, the best place to ask this question is the bank itself, as some might have different rules!  However, I believe 99.9999999999999999999999% of the banks don't allow a balance transfer to qualify for the cash back.



Rethink every purchase you make, before you make it. Use the card with the best rewards. Pay in full each month. Redeem rewards often. Use the cards online shopping for more discounts. Smile, knowing that being thrifty allows you to actually get more out of the same amount of money!
Valued Contributor
maiden_girl
Posts: 2,106
Registered: ‎12-29-2011
0

Re: balance transfer...rewards question???

No, a balance transfer does not incur rewards. You have to make a "purchase" within the specified time frame to qualify for the reward.

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