Well, it almost is except for BT's and in that regard it's much better than Slate in the long run. I'm carrying about $3500 with Commence on an existing BT with a CL of $12500 and it's due March 2018. They send me BT checks with each monthly bill and their transfer rate is a very favorable 1% and no interest for 14 months. Of course my plan now is to get the $3500 reset with a new BT. What is the easiest way?
1. I could pay off the $3500 but would entail withdrawl from brokerage acct. Then write new BT check for like amount and deposit back into brokerage for future purchases.
2. Write the BT check, deposit in personal checking account and pay off the first BT? This would give me two BT accounts at least temporarily. How would my payments be allocated in this scenario?
3. A better plan that I'm seeing??
Any experienced transfer experts, please chime in!
