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Balance Transfer and Rewards Points question.

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Anonymous
Not applicable

Balance Transfer and Rewards Points question.

I have a HYATT, Southwest and IHG credit cards with balances that fulfiled me getting the bonus rewards they currently offering. I was wondering if I transfer my balances to my DCU Platinum card which has a signficantly lower APR% would I lose my HYATT (free 2 nights), Southwest (40k Bonus) and IHG (80k Bonus) points??? I should use my rewards THEN transfer the balance over? Thank you very much. 

Message 1 of 5
4 REPLIES 4
Anonymous
Not applicable

Re: Balance Transfer and Rewards Points question.

If you earned them, then you can transfer the balance!

Message 2 of 5
OmarGB9
Community Leader
Super Contributor

Re: Balance Transfer and Rewards Points question.

You shouldn't since you already got the points and a BT is essentially just a payment to your other creditors from a bank.

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Message 3 of 5
Anonymous
Not applicable

Re: Balance Transfer and Rewards Points question.

As far as I know, BTS are recorded as payments so it shouldn't negate your sign up bonuses. A payment is a payment.
Message 4 of 5
Anonymous
Not applicable

Re: Balance Transfer and Rewards Points question.

Your points will be fine. Consolidation is a good play if you are going to be acruing interest.

Message 5 of 5
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