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Credit Card Applications » Questions » User Questions » Balance Transfers » My friend wants me to get a card so that she gets extra miles for my joining – I know ...

My friend wants me to get a card so that she gets extra miles for my joining – I know that I must put $2000.00 on the card within 3 months and that the cost is $69.00 a year but I would get free flights for joining. What I need to know is if the $2000.00 can be a credit card transfer as I have a MasterCard I want to pay off and close out. Thank you for your help.

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Leo Zhu

You should read the cards terms and conditions, especially pay a closer attention to the terms of the rewards program. Find out if balance transfers qualify as eligible purchases. As a rule balance transfers, cash advances, fees, and interest do not qualify as an eligible purchase. If you can’t find this information, contact the credit card issuer’s customer service. Also, make some calculations to see if your potential rewards cover the fees associated with the credit card.

If you want a credit card which allows balance transfers and want to earn some rewards on transfers, look at the . There is no balance transfer fee and no annual fee. The APR on purchases and balance transfers will be 8%.

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Intro APR on Balance Transfer: 0% (21 months)*
For Excellent/Good Credit
Intro APR on Balance Transfer: 0% (12 months (on balance transfers made within 45 days of account opening))
For Excellent/Good Credit
Intro APR on Balance Transfer: 0% (18 months)*
For Excellent/Good Credit
* Click apply to read the full Terms and Conditions.

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