cancel
Showing results for 
Search instead for 
Did you mean: 

Balance transfer checks to individuals?

tag
Benzman
Frequent Contributor

Balance transfer checks to individuals?

Have some balance transfer offers from various cards. I'd like to purchase a used ATV from a friend. I know Citi/BOA says you can write a BT check for anything or to anyone, but does anyone have experience with others like Discover, US Bank, etc. I remember reading somewhere AMEX frowns upon it.

Amex CM 10K | Amex ED 10K | Amex BCE 7.5K | 5/3RD SU2C 10K | 5/3RD SU2C 6.5K | Barclays Cash 15K | Barclay AARP 15K | Bread AMEX 14K | Bread NFL 14K | Citizens Cash 8K | Citizens Clear 5K | Citi® DP 11.3K | Citi® Simplicity 9.4K | Citi® TY 6.5K | Citi® DC 4K | Citi CuC 3.4K | Cap One QS 14.6K | Cap One QS 11K | Discover It 19.5K | Discover Miles 16.5K | Brooks Brothers Visa 14.5K | BOA Cash 13.2K | BOA 7K | US Bank State Farm Visa 4K | US Bank AMEX 22.5K | US Bank Plat 16.5K | US Bank Cash 11.2K | FNBO Rewards 20K | FNBO Evergreen 11.3K | Huntington Rewards 4.4K | Huntington Voice 19.5K | Huntington Voice Rewards 18.5K | PF|CP Rewards 8.2K | PF|CP Gold 3.2K | PNC Cash 15K | PNC Core 15K | PNC Points 8K | Fidelity 15K | Wells Active 12K | Wells Reflect 10K | Target MC 12.5K | TD Cash 9K | Truist 6.5K | Truist 6.5K | Truist 6.5K | Truist 6.5K | Synch Premier MC 11.6K | Ebay MC 10K | Apple Card 6K | Chase Amazon 1.5K | F8 Scores 1/25 EX789; TU781; EQ792.
Message 1 of 3
2 REPLIES 2
Peteyglad
Established Contributor

Re: Balance transfer checks to individuals?

I have only done 1 balance transfer. I put it on one of my Barclay cards. They deposited the money into my checking account a few days after I submitted it. I haven't tried writing out a balance transfer check you get in the mail to a friend though. 

Chase Sapphire Preferred 20k | Amex Delta Platinum 20k | Amex Hilton Aspire 20k | US Bank Cash+ 25k | Chase Amazon Prime 25k | Barclaycard Aviator Red 40k | Bank of America Alaska Airlines 42k | Chase Marriott 50k | Discover It 50.3k | Amex EDP 52k | Citi Thank You Premier 56K | Bank of America BBR 57.9k
Message 2 of 3
Loquat
Moderator Emeritus

Re: Balance transfer checks to individuals?


@Benzman wrote:

Have some balance transfer offers from various cards. I'd like to purchase a used ATV from a friend. I know Citi/BOA says you can write a BT check for anything or to anyone, but does anyone have experience with others like Discover, US Bank, etc. I remember reading somewhere AMEX frowns upon it.


If you're going to write a check I would just write it to yourself and deposit it in your own bank account.  If it were me, I would feel much better cutting a personal check to a friend rather than using a balance transfer check.  Just my thoughts...

 

 

Message 3 of 3
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.