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Frequent Contributor
revvystoke
Posts: 318
Registered: ‎02-02-2010
0

best way to use bt cards?

After being debt free for a few months my truck's transmission decides to crap out. Just a few months out of the warranty, luckily I can do the work myself but I don't have the cash laying around to purchase a new transmission for 3-4k. I have two cards with 0%, but they are low limits.

 

I opened a few new accounts in May and one in July. Should I transfer the entire balance to one card or split it up evenly to citi and discover? I don't want to risk aa from the new cards. 

AkAir $50k | CSP $35k | Marriott $32k |SPG $15k | Fidelity $10k | Credit Union $8k | Discover $8k

TU: 733 / EQ: 717 / EX: 733
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djc1puno
Posts: 1,715
Registered: ‎03-07-2013
0

Re: best way to use bt cards?

Personally i would transfer it to one...depending on how close youll be to ur limit...paying one card would be easier and just pay it down to avoid spooking anyone.


GARDEN GOAL: MARCH 2014
LAST APP: 08/20/2013
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Senior Contributor
myjourney
Posts: 26,602
Registered: ‎02-07-2013
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Re: best way to use bt cards?


djc1puno wrote:
Personally i would transfer it to one...depending on how close youll be to ur limit...paying one card would be easier and just pay it down to avoid spooking anyone.

+1 agreed but get UTL down so as not to seem maxed out on the BT card ASAP

"Intelligence plus character--that is the goal of true education"
Last 5 apps 6/6/13


Established Member
Scrounger888
Posts: 31
Registered: ‎07-30-2013
0

Re: best way to use bt cards?

I'd split it to keep utilization down because overall your utilization should be ok. 0 % offers can be great.

 

I have a quick bt transfer question. Do the cards that you're paying off using the balance transfers ever suffer aa? I'd like to take advantage of a 0% offer but don't want to mess up existing cards because I have uses for them as they are points cards, just higher interest.



In the garden since 30/07/2013.
TU 735

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