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Valued Member

## AMEX BT

So I received my AMEX BCE and charged a few items to get it started it. while creating online account I noticed the BT section and I thought "well I'm here might as well BT a few cards", so I did (Cap1 QS, Cap1 QS1 & Citi BB) arpund 1.5K total.

As I was getting to know their website I tried their score simulator and proposed the BT i just did.

it shows that my score would potentially drop by 25 points...Shut The Front Door!.

does it drop that much?

how long does it take to increase back up?

I figure a smart individual would do the same to save % charges but it seems you get pusnished for doing the samrt thing.

Just venting....i'm done

Message 1 of 19
18 REPLIES 18
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Super Contributor

## Re: AMEX BT

Simulators aren't accurate and it's really difficult to judge what will happen. You would also have to provide more info for anyone to even guess

- what's the limit on the new card, what's the balance

- What's the balance and limits on the cards you BT from

- how many card do you have and what's their balances and limits

- what's your average age of accounts

Message 2 of 19
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Valued Contributor

## Re: AMEX BT

Take what you see on a simulator with a grain of salt.

Last App: BECU 02-26-2020
Pronouns: He/Him/His
Message 3 of 19
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Mega Contributor

## Re: AMEX BT

@seattletravels wrote:

Take what you see on a simulator with a grain of salt.

Possibly a 1/4 of a grain

Message 4 of 19
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Valued Member

## Re: AMEX BT

@Brian_Earl_Spilner wrote:

Simulators aren't accurate and it's really difficult to judge what will happen. You would also have to provide more info for anyone to even guess

- what's the limit on the new card, what's the balance = 5K ( new balance after BT 3.5K)

- What's the balance and limits on the cards you BT from = 5K, 2K, 5K...Balance zero all 3 ( I don't have any CC higher than 15% util)

- how many card do you have and what's their balances and limits = 10 and my overall util is 13%

- what's your average age of accounts = 4 years

Fico 8 = 710 (exp)

Message 5 of 19
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Valued Member

## Re: AMEX BT

@SeatleTravels.....Thanks for the vote of confidence, I just felt like a dork after looking at the Simulator...what have I done??

as you can tell it's my first BT with ant CC putting the 0% to work with my brand new BCE.

Message 6 of 19
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Valued Contributor

## Re: AMEX BT

@M_Smart007 wrote:

@seattletravels wrote:

Take what you see on a simulator with a grain of salt.

Possibly a 1/4 of a grain

Hmmm.... are we talking sea salt or table salt here?

Last App: BECU 02-26-2020
Pronouns: He/Him/His
Message 7 of 19
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Valued Member

## Re: AMEX BT

@seattletravels wrote:

@M_Smart007 wrote:

@seattletravels wrote:

Take what you see on a simulator with a grain of salt.

Possibly a 1/4 of a grain

Hmmm.... are we talking sea salt or table salt here?

I agree - There is a difference - LoL

Message 8 of 19
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Mega Contributor

## Re: AMEX BT

@seattletravels wrote:

@M_Smart007 wrote:

@seattletravels wrote:

Take what you see on a simulator with a grain of salt.

Possibly a 1/4 of a grain

Hmmm.... are we talking sea salt or table salt here?

Message 9 of 19
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Super Contributor

## Re: AMEX BT

I am a cautious fellow, but I wouldn't use AmEx for BTs or cash advances.

Especially if the relationship is new.

After you have been with them for some time, I think it is fine to use the "Plan It" feature, if given a no fee offer.

Message 10 of 19
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