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sorry to ask so many questions but would it be wise to use the 0% bal transfer on my new USAA card to payoff First premier, credit one, continental finance, fingerhut/gettington . besides it would be saving me $70 per month. I can pay the Full balance transer off withing 3 months , and would you do the balance transfer and imediatly close the other accounts or close 1 off per month as i pay off the balance transfer.
@Anonymous wrote:sorry to ask so many questions but would it be wise to use the 0% bal transfer on my new USAA card to payoff First premier, credit one, continental finance, fingerhut/gettington . besides it would be saving me $70 per month. I can pay the Full balance transer off withing 3 months , and would you do the balance transfer and imediatly close the other accounts or close 1 off per month as i pay off the balance transfer.
If there is a BT fee and its less than the interest you would pay over the 3 months then yes it would be financially sound to do so as long as you are not maxing out the new card.