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Amex question

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dallas01
New Contributor

Amex question

This may be a stupid question but I was just approved for an AMEX card!! My question is, If I do a balance transfer to this card to get the 0 percent offer will that count towards my 1000. spend in the first 3 months?

Message 1 of 3
2 REPLIES 2
NRB525
Super Contributor

Re: Amex question

No, Balance Transfers are not spend, do not earn rewards, do not count toward spend bonus requirements, do save you on interest costs.

High Bal Jan 2009 $116k on $146k limits 80% Util.
Oct 2014 $46k on $127k 36% util EQ 722 TU 727 EX 727
April 2018 $18k on $344k 5% util EQ 806 TU 810 EX 812
Jan 2019 $7.6k on $360k EQ 832 TU 839 EX 831
March 2021 $33k on $312k EQ 796 TU 798 EX 801
May 2021 Paid all Installments and Mortgages, one new Mortgage EQ 761 TY 774 EX 777
April 2022 EQ=811 TU=807 EX=805 - TU VS 3.0 765
Message 2 of 3
dallas01
New Contributor

Re: Amex question

Thank you for the info

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