Sunday, August 9, 2009

Question about balance transfers?

I got a credit card offer in the mail. It said 0% APR on all purchaces untill July 2007. So I trasfered my balance of $300 of another card to that card. AFTER I DID THAT i got reading and the offer was only on purchaces not balance transfers!! Thats what i get for not reading the whole thing. so i called and it is to late to stop it so i was wondering if my best bet is to find another card that does offer 0% APR on BALANCE TRANSFERS and transfer the new balance to that???



Question about balance transfers?construction loans





See if you can transfer it back - but if you can find another card with no fee on balance transfers you might not be able to double transfer the same balance.



Question about balance transfers? loan



Yep, thats what I%26#039;d do. There is always going to be a minimum balance transfer fee but it%26#039;s totally worth it if you can find one for 0% APR. You can transfer as many times but make sure they are w/ different companies. I%26#039;ve been transfering the same amount since last year, once one offer expired off to another...|||More than likely they will not allow you to tranfer it back without paying the 3 percent BT fee. You could always try to move it to another card with 0 intrest, but be careful. This is your credit and holding too many cards can also look bad on your credit report.|||You are going to get a double whammy here! You%26#039;ll end up paying twice for transferring this balance! This is why you always read the fine print before doing any actions!



You need to find another card that has 0% balance transfer fees. Once you are approved for a card, call them for the transfer...to be certain you are getting the right deal. In fine print, many times, they have a clause stating if you do not qualify for the prime then you will be charged this or that, and many times this can be a balance transfer fee...you wont know it until you do a transfer, but it was right there in tiny print!



So always call when doing a balance transfer and be certain you will get 0% on the transfer!

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