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Pertaining to this post that is locked
With DCU Balance Transfers, I know there are no transfer fees, however how soon does DCU start charging interest?
I transferred $200 from another account the other day without issue, thinking that as long as I paid it off by statement closing/due date, I wouldn't incur any interest. Now I see mention on my credit card "Pay off amount $200.05".
So I guess they start charging interest immediately?
Adding @Mahraja since I saw him mention DCU transfers in the closed thread.
I believe the only time it isn't immediate is when they offer promo BT in beginning of year.
@Wavester64 wrote:Pertaining to this post that is locked
With DCU Balance Transfers, I know there are no transfer fees, however how soon does DCU start charging interest?
I transferred $200 from another account the other day without issue, thinking that as long as I paid it off by statement closing/due date, I wouldn't incur any interest. Now I see mention on my credit card "Pay off amount $200.05".
So I guess they start charging interest immediately?
Adding @Mahraja since I saw him mention DCU transfers in the closed thread.
Usually all non-promo balance transfers, from all institutions, start incurring interest immediately.
Thanks @SouthJamaica & @blindambition , goes to show you I don't do balance transfers too often