topic Re: Can I pay off a balance transfer and take out another balance transfer in same cycle with Citi? in Credit Cards

Can I pay off a balance transfer and take out another balance transfer in same cycle with Citi?

smile90000 — Sun, 14 May 2017 21:43:00 GMT

I have a balance transfer with Citi Simplicity that has a balance of around $2000 at 0% interest that ends in a few months.

I need to stretch it out at least another year.

I'm thinking about paying off the $2000 (I have that in my checking) and then taking out another balance transfer of $2500 to restart the cycle (they are sending me balance transfer offer of 0% for 18 months every month). I'm thinking of doing this in the same billing cycle.

Has anyone done this with Citi before?

Re: Can I pay off a balance transfer and take out another balance transfer in same cycle with Citi?

thummel — Sun, 14 May 2017 21:46:32 GMT

Don't see any reason why you shouldn't be able to do that. Should be just fine.

Re: Can I pay off a balance transfer and take out another balance transfer in same cycle with Citi?

smile90000 — Sun, 14 May 2017 21:51:34 GMT

Okay. Just wanted to make sure. Thanks!

Re: Can I pay off a balance transfer and take out another balance transfer in same cycle with Citi?

AverageJoesCredit — Mon, 15 May 2017 01:34:21 GMT

So long as you have the available credit limit available id think you're good. Citi is like my Boa, Bt offers galore

Re: Can I pay off a balance transfer and take out another balance transfer in same cycle with Citi?

Anonymous — Mon, 15 May 2017 02:18:52 GMT

@AverageJoesCredit wrote:
So long as you have the available credit limit available id think you're good. Citi is like my Boa, Bt offers galore

Are there fees with their BT offers? I get some offers with Discover and usually the one with no BT fee at 4.99% is better than 5% fee and 0% APR.

Re: Can I pay off a balance transfer and take out another balance transfer in same cycle with Citi?

AverageJoesCredit — Mon, 15 May 2017 12:30:19 GMT

Yeah i think the standard like 3% or 5 or 10 bucks, cant recall right now, depending on the amount you transfer. I usually get the 0% for a year or whatever or there is the one at like 1.99% that gives a little more time, thats my Boa offers.