topic Re: Balance transfer question in Credit Cards

Balance transfer question

Anonymous — Tue, 09 Jan 2018 23:29:11 GMT

If I take advantage of a completely no fee BT offer
And I transfer it to a diff account and pay it off a few weeks later does this count also as making heavy usage on a card like a purchase?

Re: Balance transfer question

Anonymous — Wed, 10 Jan 2018 02:00:08 GMT

In what regard? How the bureau sees it or the issuer?

A BT is not a purchase by definition, but it does show activity on the account.

Re: Balance transfer question

Anonymous — Wed, 10 Jan 2018 02:04:49 GMT

The issuer
What I meant some issuers like to see heavy usage before u get more cli
does this include also as a usage

Re: Balance transfer question

Adkins — Wed, 10 Jan 2018 02:10:18 GMT

Yes, because you are using part of your credit limit.

Re: Balance transfer question

HeavenOhio — Wed, 10 Jan 2018 05:30:21 GMT

Under the right circumstances, the activity from a BT can likely help you if you request a CLI. But if you're using too much of your limit, chances are that it'll hurt you if you make that request.