topic Re: Does Amex Offer Balance Transfer Promotions (Excluding Sign-up) in Credit Cards

Does Amex Offer Balance Transfer Promotions (Excluding Sign-up)

Zark419 — Wed, 06 Sep 2017 15:30:09 GMT

Hello,

Apologies in advance if this has been covered - wasn't able to find my answer. Does anyone know if Amex periodically offers balance transfer offers like other card issuers? I don't mean as a sign-up promotion, but for existing card users.

Thanks in advance!

Re: Does Amex Offer Balance Transfer Promotions (Excluding Sign-up)

MrDisco99 — Wed, 06 Sep 2017 15:36:48 GMT

Yes they do.

Not sure how one would get qualified for one, though.

Re: Does Amex Offer Balance Transfer Promotions (Excluding Sign-up)

wasCB14 — Wed, 06 Sep 2017 18:26:43 GMT

I've had:

BCE since 2014

EDP/ED since 2015

SPG since 2017

I have not gotten a BT offer on any of them (not that I've needed one). It seems to be a YMMV thing.

Re: Does Amex Offer Balance Transfer Promotions (Excluding Sign-up)

Anonymous — Wed, 06 Sep 2017 18:36:25 GMT

I've never heard/read about anyone on here getting BT offers...unless you receive the 0% when applying/approved for some of their cards.

Re: Does Amex Offer Balance Transfer Promotions (Excluding Sign-up)

Anonymous — Wed, 06 Sep 2017 18:51:47 GMT

Yes, AMEX does. My BCE came with 0% interest for 16 months. Fee at 3%. Haven't used it though.

Re: Does Amex Offer Balance Transfer Promotions (Excluding Sign-up)

Anonymous — Wed, 06 Sep 2017 19:02:22 GMT

@Anonymous wrote:
Yes, AMEX does. My BCE came with 0% interest for 16 months. Fee at 3%. Haven't used it though.

The OP's question is about BT offers that aren't part of a signup bonus. Was yours after you received the card?

Re: Does Amex Offer Balance Transfer Promotions (Excluding Sign-up)

Anonymous — Wed, 06 Sep 2017 20:14:14 GMT

Yes, AMEX does.

This happened when all 3 of my scores were on average at 745. Not sure of the selection process. I've been a member since 1998. Not sure if that has bearing.

Hope that helps.

Re: Does Amex Offer Balance Transfer Promotions (Excluding Sign-up)

Anonymous — Wed, 06 Sep 2017 21:12:01 GMT

@Anonymous wrote:
Yes, AMEX does.

This happened when all 3 of my scores were on average at 745. Not sure of the selection process. I've been a member since 1998. Not sure if that has bearing.

Hope that helps.

Are you talking about random BT transfers outside the BT offers when applying?

Re: Does Amex Offer Balance Transfer Promotions (Excluding Sign-up)

Anonymous — Wed, 06 Sep 2017 21:27:48 GMT

Random to me, yes since my credit is not so hot yet to begin with (even at recent peak). But I have no charge offs, baddies, derogs. A few lates on my report though.

Re: Does Amex Offer Balance Transfer Promotions (Excluding Sign-up)

Anonymous — Wed, 06 Sep 2017 21:33:15 GMT

@Anonymous wrote:
Random to me, yes since my credit is not so hot yet to begin with (even at recent peak). But I have no charge offs, baddies, derogs. A few lates on my report though.

I think maybe we're (at last I am) a bit confused. The b/t offer for 16 months was something that came at the time of approval or later on after you have had the card for awhile?

Re: Does Amex Offer Balance Transfer Promotions (Excluding Sign-up)

K-in-Boston — Wed, 06 Sep 2017 21:42:54 GMT

In 15 years of being an Amex customer, my only balance transfer offer was on my Blue from American Express when I opened it. I have never personally seen a 0% or super low offer for a balance transfer after an initial promotional period, but have received promotional APR reductions on a revolver and on Pay Over Time.

Re: Does Amex Offer Balance Transfer Promotions (Excluding Sign-up)

Anonymous — Wed, 06 Sep 2017 21:59:27 GMT

Yes, excluding sign-up. Two months after.

Re: Does Amex Offer Balance Transfer Promotions (Excluding Sign-up)

CreditCuriosity — Wed, 06 Sep 2017 22:18:59 GMT

Never personally heard of them.. Maybe @Anonymous can chime in. Maybe in the past or possibly maybe now even, just never heard of them from anyone here other then 0% intro offers.

Re: Does Amex Offer Balance Transfer Promotions (Excluding Sign-up)

Anonymous — Wed, 06 Sep 2017 22:18:35 GMT

@Anonymous wrote:
Yes, excluding sign-up. Two months after.

Thank you. I think you're very lucky because like @K-in-Boston I have had Amex cards for a very long time and never received a BT offer outside the initial signup bonus.

Re: Does Amex Offer Balance Transfer Promotions (Excluding Sign-up)

Anonymous — Wed, 06 Sep 2017 22:38:48 GMT

@Anonymous wrote:
Yes, excluding sign-up. Two months after.

So which offer was it? for what card? Did you get an email? saw it when you logged in?

Re: Does Amex Offer Balance Transfer Promotions (Excluding Sign-up)

Anonymous — Thu, 07 Sep 2017 04:12:38 GMT

@K-in-Boston wrote:
In 15 years of being an Amex customer, my only balance transfer offer was on my Blue from American Express when I opened it. I have never personally seen a 0% or super low offer for a balance transfer after an initial promotional period, but have received promotional APR reductions on a revolver and on Pay Over Time.

Hi, K! MyFICO guru! I can only speculate. But then again, this is the same lender that diminished my credit line after I bought a house in 2000. I'm just happy I am back in AMEX's loving arms, LOL.

With AMEX since 1998, less than 1% utilization ATM.