NASA FCU Balance Transfer

[MyDataMyChoice]

So the approval email said 30K

and said 7.9% for balance transfers if done within 90 days...

Didnt say anything about 'qualified' applicants... it was in the actual approval message

I balance transfered 28K to the NASA card....

and i get my fist statements (they are listed as purchases, instead of balance transfers... which usually are like cash advances)

And at 14.6% (the standard apr)

I emailed and recieved a response that 7.9% is only for 660 fico or higher at time of approval... yours was 651

Should I Call and comlain... thats not what i was 'quoted' in writing

I woudnt have BT it!

[Anonymous]

DId the approval documents they mailed over have the BT offer? Or just an email? I don't have a NASAFCU card, but most issuers mail over the actual documents with the official offer. Does it say anything? 

Also, if the email is misleading, I'd call and escalate the issue if they can't resolve it. I am no expert here, but I'd be pissed if they offered me something in the approval email that I relied upon to do a BT.

[Dbadup]

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@JTC403 wrote:

So the approval email said 30K

and said 7.9% for balance transfers if done within 90 days...

Didnt say anything about 'qualified' applicants... it was in the actual approval message

I balance transfered 28K to the NASA card....

and i get my fist statements (they are listed as purchases, instead of balance transfers... which usually are like cash advances)

And at 14.6% (the standard apr)

I emailed and recieved a response that 7.9% is only for 660 fico or higher at time of approval... yours was 651

Should I Call and comlain... thats not what i was 'quoted' in writing

I woudnt have BT it!

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This happened to a friend of mine, she called and spoke to someone about getting the rate she saw in the approval email. After back n forth NASA gave in. Call them up and tell them about the email.

[Anonymous]

The devil is in the details, but it sounds like the details are in your favor.

Good luck, and stay on them!

[emptypockets]

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@Anonymous wrote:

The devil is in the details, but it sounds like the details are in your favor.

Good luck, and stay on them!

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Not necessarily, the app page and T&C state:

7.9% for balance transfers made within 90-days of account opening for qualified applicants, based on creditworthiness. The 7.9% will remain in effect for the life of balances transferred within the first 90-days of account opening. Balance transfers made after 90-days of account opening do not qualify for 7.9%.  

Good luck with this.

[Anonymous]

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@emptypockets wrote:

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@Anonymous wrote:

The devil is in the details, but it sounds like the details are in your favor.

Good luck, and stay on them!

---

Not necessarily, the app page and T&C state:

7.9% for balance transfers made within 90-days of account opening for qualified applicants, based on creditworthiness. The 7.9% will remain in effect for the life of balances transferred within the first 90-days of account opening. Balance transfers made after 90-days of account opening do not qualify for 7.9%.  

Good luck with this.

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I think these are the points that wernt clearly defined for the OP in the offer, and now they are using a number against him to define them after the fact.

I get the feeling that if the OP wasnt going to get the terms he was offered, he would like to have been notifed first.

Thats my take.

[MyDataMyChoice]

I did see this after the fact 

But the approval email shows approved 14.6% APR

You WILL Receive 7.9% BT 90 Days For Life

[MyDataMyChoice]

Here is the actual email:

APPROVAL NOTIFICATION
 

Date: 9/30/2014

Application ID#: [removed]

Names on your Credit Card:
[removed]

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Congratulations! Your Credit Card application has been approved! Please review the details below outlining the information needed from you before we can issue your Credit Card

Credit Card Approval Details:

Card Type: Visa Platinum-Advantage Rewards
 
Credit Line Amount: $ 30,000.00

Rate: 14.900% APR

Minimum Payment: 2% of your total balance, or $25, whichever is greater

Information/Documents Required to Issue your Credit Card*:

- Verification Of All Income Stated Within The Application (I.E. 2 Most Recent Paystubs, W-2S, Tax Returns Etc.)

Conveniently send us your documents by logging in to your Application Portal.

To make paying off your higher rate cards easy, you will receive 7.9% APR** balance transfer checks in the mail once your card is activated.

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For additional information, please contact a us at e-lending@nasafcu.com or by phone at (301) 249-1800 x 605. 

*Approval contingent on the receipt and verification of all  requested information/documents 

**Balance transfers are considered cash advances, therefore no grace period applies and finance charges will begin on the transaction date. This offer is valid for balances transferred from other institutions only. Please continue making payments on your other credit card account(s) until the balance transfer is confirmed on your other institution's account statement.

[emptypockets]

What does it say in the terms and conditions that came when you got the card in the mail?

[CreditCuriosity]

Interesting.  I bet they will fold as it wasn't spelled out clearly at all.