topic Re: Chase to Chase BT Loophole? in Credit Cards

Chase to Chase BT Loophole?

Anonymous — Thu, 03 Oct 2013 22:07:15 GMT

Hey Guys,

I have two Chase Cards (Disney and Amazon) and now I recently got the Freedom.

I have a relatively high balance from school-related expenses on my Disney and Freedom, and the financial aid department at my school made a mistake and I'm not getting my FA payment until Jan 1st.

Obviously, both of these accounts are high APR accounts, and I was wondering if there was any loophole that allowed me to transfer my balances to my 0% APR Freedom card.

Thanks in advance!

~Matt

Re: Chase to Chase BT Loophole?

Anonymous — Thu, 03 Oct 2013 22:14:52 GMT

In a previous life,

I charged up my Sapphire to meet the minimum spend. Then I BT'd to Cap1 I believe. Then I BT'd Cap1 balance over to Slate to get 0% on the bill. I don't remember the end result in fees, if there were any at all. But it's an option if you have non-Chase cards.

Re: Chase to Chase BT Loophole?

09Lexie — Thu, 03 Oct 2013 22:46:12 GMT

No Chase to Chase loophole unless they issue bt checks that you can deposit and the pay off your other cc.

Re: Chase to Chase BT Loophole?

Anonymous — Thu, 03 Oct 2013 23:49:27 GMT

Get citi simplicity OR citi thank you for 15 or 18 month 0% APR BT

Re: Chase to Chase BT Loophole?

myjourney — Fri, 04 Oct 2013 00:15:09 GMT

@09Lexie wrote:
No Chase to Chase loophole unless they issue bt checks that you can deposit and the pay off your other cc.

+1 agreed

Re: Chase to Chase BT Loophole?

simi_go — Fri, 04 Oct 2013 02:50:06 GMT

Correct me if I am wrong but you should be able to take your Freedom card and buy a money order at a Wal-Mart Money Center Kiosk. Then take that money order and pay your other card. That way you get the 0% for the purchase. Don't know if those kiosks still accept credit cards but they used to.

Re: Chase to Chase BT Loophole?

Walt_K — Fri, 04 Oct 2013 04:17:20 GMT

Depending on the amounts involved, you can charge all monthly expenses to the Chase Freedom and then pay off the cards with the higher APR in lieu of paying off the Freedom, thereby effectively doing a BT with no fees. Also, you can send $1000 per month via Amazon Payments via CC with no fees.

Re: Chase to Chase BT Loophole?

Anonymous — Fri, 04 Oct 2013 04:50:29 GMT

@Simi, you'd first have to buy a debit gift card like One Vanilla visa. The Bancorp ones have worked for me. Then use that to purchase the money order.