Best way to do this balance transfer?

Anonymous — Mon, 29 May 2017 20:34:40 GMT

So I have Balance Transfer offers with Discover and Bank of America. My Discover is offering me No fee/4.99% interest for 18 months and the 3% fee/0% interest for 12 Months. Bank of America is also offering me 3% fee/0% interest for 12 months (June 2018)

I just recently BT 1750$ from Discover to my Bankamericard on 0% thru June 18 since my 0% intro period ends in July and there was no way that amountwould be paid off by then. I have 1750$ more i need to transfer by July

Now im trying to decide on whether it would be smart to transfer the other 1750$ to my Bankamericard as well. This would put my total utlization for that card at around 75%-4635/6200 (it currently is at 2832/6200

Or should i transfer like a 1000 to discover at 4.99% that i would be able to pay off in 2 months while just transferring the remaning 750 to BOA?

My other balances ordered by are:

Cash Rewards - 976/2000 (0% till Feb 2018)

BBR - 975/2000 (0% till May 2018)

Discover - 530/5400 (0% till this July, Will be paid off by end of next month)

Also theres currently another BT on my Bankamericard in the amount of 1030$ (which includes fee) that needs to be paid off by December to avoid interest.

I have approximatlely 6500$ in CC Debt that will be paid off in approximately 15 months from today. Im almost certain i wouldnt be able to pay off the amount that would be due in June of next year which is why im skeptible and putting the other 1750$ on that card.

Re: Best way to do this balance transfer?

AverageJoesCredit — Mon, 29 May 2017 23:24:50 GMT

Any chance you have a request credit limit increase button showing up for your Boa cards? Thet are usually really good in cli even though its hp. If you got one on your Bankamericard, a cli might push you over 10k which would give you some breathing room. The main reason its not good to have your card iver 50% is it can hold back your score. Im currently in promoland with my BBR but being ovee 50% i believe is holding down my fico big time.

topic Best way to do this balance transfer? in Credit Cards

Best way to do this balance transfer?

Re: Best way to do this balance transfer?