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OK need some help....To close accounts or not

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Anonymous
Not applicable

Re: OK need some help....To close accounts or not

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.

Message 21 of 22
gdale6
Moderator Emeritus

Re: OK need some help....To close accounts or not


@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.

Message 22 of 22
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