@Anonymous wrote:
I have a $1100.00 credit line with Chase Freedom & I'm thinking about making a Balance Transfer of $700.00 to that card from my Chase Sapphire. Will this affect my credit score?
I'm pretty sure Chase doesn't allow a transfer from card to card, so moving balance from Freedom to Sapphire isn't possible. Chase will only allow transfers between their cards and a different card issuer. I checked one time about tranferring a balance from CSP to Slate, and got a message to that effect, that intra-card transfers aren't allowed.
EDIT: To do this, you'd need a 3rd card in the mix. Transfer from Sapphire to card XX then to Freedom.
But, to answer your original question about affecting your credit score, yes it likely would. Putting your util on that card over 60% would almost certainly result in a negative response scorewise, unless you're planning to pay it off quickly. And if that's the case, why not just pay off the balance on the Sapphire?
