topic Re: Looking for Best Balance Transfer Card for a Large Navy Federal Credit Card in Credit Cards

Looking for Best Balance Transfer Card for a Large Navy Federal Credit Card

Anonymous — Sun, 20 Aug 2017 23:05:06 GMT

I am looking for the Best Balance Transfer Card that I can use to transfer about $12,000 from my Navy Federal Platinum Credit Card. I had the Card for about 5 months. My Credit Score for TU is in the 700's EQ is about 675 and EX I don't think they use at all. Also are there any Cards out there that will allow me to do a Balance Transfer for a CLOC as well? I would like to consolidate as much as I can. Please let me know your thoughts.... Thanks everyone!

Re: Looking for Best Balance Transfer Card for a Large Navy Federal Credit Card

AverageJoesCredit — Sun, 20 Aug 2017 23:15:35 GMT

Not sure too many BT cards start off with high enough limit to transfer that much. Good bt cards are Slate ,the new one from Boa, Disco, SImplicity , maybe Diamond Prefered. Personal loan might be an option if your score is good enough. Best of luck

Re: Looking for Best Balance Transfer Card for a Large Navy Federal Credit Card

Anonymous — Mon, 21 Aug 2017 12:16:43 GMT

Thanks Average Joe!!!

Re: Looking for Best Balance Transfer Card for a Large Navy Federal Credit Card

AverageJoesCredit — Mon, 21 Aug 2017 12:18:54 GMT

Maybe you can split it onto 2 different cards as well.

Re: Looking for Best Balance Transfer Card for a Large Navy Federal Credit Card

UpperNwGuy — Mon, 21 Aug 2017 12:53:05 GMT

In 2013, Citi gave me a Simplicity for $13,500. Two days later I transfered $12,000 from an NFCU card to Simplicity. Is this what you are looking for?

Re: Looking for Best Balance Transfer Card for a Large Navy Federal Credit Card

Anonymous — Mon, 21 Aug 2017 13:57:02 GMT

I believe Simplicity has the best BT but they don't usually give out high CL. I was able to do a CLI upon receiving the card via chat. Discover also gave me a good BT offer for no fee and 0% APR for 24 months.

Re: Looking for Best Balance Transfer Card for a Large Navy Federal Credit Card

LadyJEsq — Mon, 21 Aug 2017 19:52:01 GMT

Since no one has mentioned it, I would suggest the Barclay Ring. I too was looking for a BT CC, and had to go with the Ring. I like that they have no BT fee and a promo period of 15mths. I was worried that I wouldn't receive a high enough SL but got $12.500. I don't know where you live, but Barclay generally pulls TU, so since it's your highest CS, they might be the way to go.

Re: Looking for Best Balance Transfer Card for a Large Navy Federal Credit Card

atarvuzdar — Mon, 21 Aug 2017 21:35:47 GMT

Last year I was approved for Citi DC $15,000 SL with 21 months 0% BT APR offer. Still in that period and taking advantage of it. Have received multiple additional BT offers on it since. I don't think the DC has a new BT offer for new accounts right now but Citi's got a few other cards with the 21 month offer currently.

Re: Looking for Best Balance Transfer Card for a Large Navy Federal Credit Card

Anonymous — Wed, 23 Aug 2017 11:23:17 GMT

Thank you guys so much! I am going to look into all the Cards you mentioned and will definitely share my outcome. I appreciate you all!

Re: Looking for Best Balance Transfer Card for a Large Navy Federal Credit Card

AverageJoesCredit — Wed, 23 Aug 2017 12:01:13 GMT

One question that iwant to ask is say someone needs to transfer that amount, in this case 22k and you get a 15k card, ont the super high utilization really affect your score. I know im carrying a 60% plus bts on 1 card and its hilding down my score i dont even want to think if it was a 80 or 90 percent. This is good to know for those looking to BT to another card.

Re: Looking for Best Balance Transfer Card for a Large Navy Federal Credit Card

Anonymous — Wed, 23 Aug 2017 12:10:39 GMT

I do like the idea you had about maybe spliting it into two cards. I'm trying to be very careful about opening up too many accounts because I am in the process of getting ready to purchase a home; however my main plan is to pay down this debt. I should be able to pay down a nice amount of it in about 2 weeks, but I'm still looking at doing a Balance Transfer for now. Thanks AverageJoesCredit!