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Balance transfer question

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pctatc
Member

Balance transfer question

I have about a $3800 balance on my AMEX (my last balance) and i have a question about transfering a balance to my Chase card with a 0% transfer APR for 18 months. My question is, when i transfer the balance over to the Chase card, what happens to the reward points on my AMEX?? When you transfer the balance, does that "pay off" the balance on my AMEX and grant me the reward points for use, or does that get paid differently and u dont get the reward points? I guess im wondering will i get reward the points on my AMEX as though it was paid off, thanks!

Message 1 of 3
2 REPLIES 2
policebox
Contributor

Re: Balance transfer question

A balance transfer works just the same as if you had made a payment to the creditor in the usual way. it doesn't close your account or do anything out of the ordinary. It's just a payment.

Message 2 of 3
pctatc
Member

Re: Balance transfer question

Ok cool, thanks alot. I had planned on using those points to offset a PC im building

Message 3 of 3
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