Credit Tips: Balance Transfer Offer on Credit Cards

Posted On: February 1, 2006

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Posted: Fri Jan 07, 2005 2:15 pm
Post subject: Balance Transfer Offer on Credit Cards

JIm Dalgotto
Date: 10/9/2000 8:20 am CDT

Looking to transfer $5,000 for a minimum of six months. Any suggestions?

archive
Posted: Fri Jan 07, 2005 2:15 pm
Post subject: Balance Transfer Offer on Credit Cards

dave
Date: 10/9/2000 7:47 pm CDT

citibank and universal at&t (a subsidiary of citibank) are offering 2.9% for 9 months. There is a balance transfer fee charged upfront equal to 3% of the amount of each transfer with a $29 cap. If you are transferring balances from more than one account, do not request a balance transfer on the application. Instead wait for approval and call customer service to request that they pay the money to you. Then the fee will be $29 and you can distribute the money to your creditors yourself.