My friend wants me to get a card so that she gets extra miles for my joining - I know...
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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.
Answered on Jun 10, 2010
Updated on Sep 12, 2014
The content is accurate at the time of publication and is subject to change.
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.
Can you explain the balance transfer fee a little better to me?
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What are my options if I am unable to pay off the balance during introductory period?
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