I applied for Bob’s Furniture credit card to... - Balance Transfers Questions

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Credit Card Applications » Questions » User Questions » Balance Transfers » I applied for Bob’s Furniture credit card to finance my sofa. They gave me only 6 months...

I applied for Bob’s Furniture credit card to finance my sofa. They gave me only 6 months and they are about to end. I still have about $300 balance and do not want to pay the interest which is crazy. Can I transfer the balance to a 0% APR credit card?

Answered on

You can transfer that balance to a credit card with a 0% intro APR on balance transfers. For example, it can be the Discover it -18 Month Balance transfer card. The card has 18 months of no interest on balance transfers and 6 months of no interest on purchases. The balance transfer fee is standard – 3% of amount transferred. There is no annual fee for the card. When you pay off, you can keep using this card for purchases and earn cash back. All your purchases will earn 1% cash back and purchases made within rotating categories will earn 5% cash back (up to the quarterly maximum, provided you’ve enrolled).
Remember that you will need to continue making minimum payments on your Bob’s Furniture credit card until you see the balance posted on to your new credit card. Otherwise you may be charged fees and lose your zero interest.

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Intro APR on Balance Transfer: 0% (18 months)

Ongoing APR on Balance Transfer: See terms

For Excellent, Good Credit

Intro APR on Balance Transfer: 0%* (15 months on Balance Transfers)

Ongoing APR on Balance Transfer: 14.74% - 24.74%* (Variable)

For Excellent Credit

Intro APR on Balance Transfer: 0%* (18 months on Balance Transfers*)

Ongoing APR on Balance Transfer: 14.74% - 24.74%* (Variable)

For Excellent, Good Credit

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