Use Balance Transfers to Pay Off High Interest Rate Store Credit Cards

Let’s face it, we’ve all made a purchase at a department store or an electronics store, opting to put it on a store credit card instead of actually paying for it. And while it may have come with promotional APR, many of us fail to pay off the entire balance before the regular APR kicks… Continue reading Use Balance Transfers to Pay Off High Interest Rate Store Credit Cards

Capital One No Fee Balance Transfers Aren’t Free

Capital One has been sending out no fee balance transfer offers to existing customers, but from what I’ve seen, the offers aren’t 0% APR. Talk about deceiving, right? If you visit the balance transfers page when logged in, you can see what balance transfer offers are currently available for your specific account. I was able… Continue reading Capital One No Fee Balance Transfers Aren’t Free

Chase Balance Transfers for Existing Customers

If you’re an existing Chase credit card customer, you can access personalized Chase balance transfer offers instantly online by going to their website. Simply log-on to their website and click on the “transfer balances” link next to your available credit card balance. You should see this option next to each Chase credit card in your… Continue reading Chase Balance Transfers for Existing Customers

Balance Transfer Offers Telling of an Economic Recovery

If you follow balance transfer offers as much as I do, you’ll notice certain trends. Before the economic collapse, it wasn’t uncommon to see all types of high-risk credit card balance transfer offers. Credit card issuers were constantly pushing the envelope to win over new customers, offering 0% APR for up to 16 months in… Continue reading Balance Transfer Offers Telling of an Economic Recovery

Does a Balance Transfer Count as a Payment?

Balance transfer Q&A: “Does a balance transfer count as a payment?” A credit card balance transfer works just like a normal credit card payment, except it’s made by a third-party, namely, another credit card issuer, instead of by you. The third-party essentially agrees (with your consent) to pay off your existing debt with one or… Continue reading Does a Balance Transfer Count as a Payment?

Moving a Balance Transfer to Your Checking Account

These days, it’s entirely possible to send the money from a balance transfer straight to your checking account, thanks to the widespread availability of balance transfer checks. Instead of simply using a credit card balance transfer to pay off an existing balance on another credit card, you can write yourself a check using a balance… Continue reading Moving a Balance Transfer to Your Checking Account