Balance transfer help

[Bigtonyp24]

She is pay 500 a month on the card. I think I may have her apply for our credit union card nefcu even though they dont offer 0 percent interest they do offer 1.99 which isn't all that terrible and she can prob get a high limit from them. Any ideas on that one.the true earnings card is almost 2 years old.

[Anonymous]

Was your girlfriend able to do a balance transfer?

[Bigtonyp24]

No she didn't do it yet we are waiting for the amex card to come and ask for an increase then depending on it she gets one or not will determine how much we can transfer and then decide on another card

[Anonymous]

Why not get a personal loan from bank to pay off credit cards??

[Bigtonyp24]

So the final verdict is she decided to use her bank Americard for the balance transfer she called up and requested a cli to 15000 and she was approved she is doing the transfer tonight and so she will have 18 months no interest

[vanillabean]

What Americard? But congratulations! I thought the 0% APR was for Intro only.

The frequently mentioned Amex Everyday card is wonderful, if your income warrants it. DW recently got one, whose limit was extra high as Amex noticed she wasn't using her TrueEarnings much and automatically transferred some to the Everyday. So we put a new furnace and a new water heater (installation and all, the works) on the card and made sure the balance stayed on this side of 50%. She swiped it the minimum of 20 times for 20% bonus points on top of the charges, not to forget the 25,000 intro points for spending a mere $2,000 within three months.

It's critical with balance transfers that you have a plan to pay off the balance within the offered period of time. One approach is evenly divided monthly payments, which takes care of paying well beyond the minimum.

[Bigtonyp24]

She has the 123 card. She got a special offer for 18 months no interest she started with a 4500 limit it's not 15000 and she just transferred 12000 to it so she plans on breaking up that amount into equal payments. Wat a big relief on this!!!