Balance Transfers Questions

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User Questions & Answers about Balance Transfers

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Here you can ask or find questions about balance transfers. All questions about balance transfer credit cards, intro APR, balance transfer fees and other related questions are gathered here at your convenience. Or feel free to address your question to out experts.

Recently Answered Questions:

How do I transfer a credit card balance to a new card? Do I need to pay off the balance on the current credit card before I can transfer?

Answered on

Once you are approved for a balance transfer credit card, you will need to contact the new credit card company over the phone or online to request the balance transfer. They will ask you to provide your old cards account numbers and tell how much of your balance you want to transfer. After that, the… Continue reading

1. Is there a limit on balance transfers? I would like to consolidate about 5 credit card debts into 1. 2. What information is needed to do the balance transfers?

Answered on

When you request a balance transfer, you should remember that you won’t be able to transfer more than available credit limit on your new balance transfer credit card. Thus, if available credit limit on your new credit card is $6,000, you won’t be able to transfer more than that amount…. Continue reading

Are Barclays bank BT cards the best options for me? I had to deal with this bank and was satisfied.

Answered on

If the card you want to transfer balance from is issued by Barclaycard, you won’t be able to transfer balance to another U.S. Bank balance transfer credit card. You will have no choice but to consider credit cards from other banks. You may look for the best balance transfer offers from our partners… Continue reading

I’ve accumulated $4,000 balance on my Barclaycard Ring credit card. Do you think an American Express balance transfer credit card is a good option for me if I already have an account with them?

Answered on

Unfortunately, you won’t be able to transfer the balance of one Barclaycard credit card to another Barclaycard credit card as balance transfers between two cards of one issuer are not allowed. You will need to apply for a credit card from a different issuer. For example, if you are planning to keep your… Continue reading

I want to close my Aeromexico card and apply for a credit card from a bank instead. What card can you recommend? A card with bonus rewards will do perfectly.

Answered on

You can consider applying for the Discover it® Miles credit card. The card comes with a 14 months of low interest period on balance transfers (when the introductory interest rate is over, the ongoing APR of 13.99% - 24.99% Variable will apply). You will be… Continue reading

I have 2 credit cards with Bank of America and US Bank. I was wondering if there is a way of accumulating the balance of both to one credit card so I can make just one monthly payment to one company. My credit is good. What can you offer?

Answered on

If you want to consolidate your balances, the best option will be a balance transfer credit card. You can transfer all your balances onto one credit card and pay the debt off. When choosing a credit card pay attention to the credit rating required. You indicated you have a good credit history, so many… Continue reading

Are US bank BT cards the best options for me? I had to deal with this bank and was satisfied.

Answered on

If the card you want to transfer balance from is issued by U.S. Bank, you won’t be able to transfer balance to another U.S. Bank balance transfer credit card. You will have no choice but to consider credit cards from other banks. You may look for the best balance transfer offers from our partners… Continue reading

I have a Gander Mountain credit card, but the store closes it’s program so I need a new one. I need a balance transfer card. Can you recommend me one?

Answered on

If you are going to close your Gander Mountain co-branded card, you can get any credit card that allows balance transfers. If you’re carrying a balance on your card, you’ll probably want to get a new card that has a low interest rate. Many even come with an introductory rate of 0% for balance transfers…. Continue reading

I have a Scheels credit card, but I’m not satisfied with its high rates. I need a balance transfer card. Can you recommend me one?

Answered on

If you want to get rid of your Scheels co-branded card, you can get any credit card that allows balance transfers. If you’re carrying a balance on your card, you’ll probably want to get a new card that has a low interest rate. Many even come with an introductory rate of 0% for balance transfers…. Continue reading

I’ve managed to accumulate $6,000 balance on my Bank of America’s credit card. Do you think a Bank of America balance transfer credit card is a good option for me since I already have an account with them?

Answered on

Unfortunately, you won’t be able to transfer the balance of one Bank of America credit card to another Bank of America credit card as balance transfers between two cards of one issuer are not allowed. Continue reading

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Intro APR on Balance Transfer: 0% 15 months on Balance Transfers

Ongoing APR on Balance Transfer: 15.49% - 25.49% (Variable)

Balance Transfer Fee: 3% of each balance transfer; $5 minimum.

Excellent, Good Credit

Intro APR on Balance Transfer: 0% Intro APR for 12 months

Ongoing APR on Balance Transfer: Variable APR of 14.99% - 24.99% will apply after the Introductory Period

Balance Transfer Fee: Either $10 or 4%, whichever is greater, will apply on each balance transfer and credit card check

Good, Excellent Credit
See Rates & Fees

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

Ongoing APR on Balance Transfer: 15.99% - 25.99% (Variable)

Balance Transfer Fee: 3% of each balance transfer; $5 minimum.

Excellent, Good Credit
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Balance Transfer: Save on Average $1,400

May 08, 2015

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