These BTs are becoming a huge pain in the butt.
I want to move money around in a way that makes the most sense. I moved $4k from the US Bank to the new Citi Simplicity Card, taking the interest from 11.99% to 0.00% for 21 months.
I want to move ~$10k from the old Citi card around so that it gets me the lowest APR. I could move it to either Discover or US Bank at purchase APR which are 9.99% and 11.99% respectively.
I also have three Chase accounts that I could move it to. Two cards have BT offers: either 1.99% until 01/2013 or 0.00% until 07/2012. Unfortunately both of those cards have low available credit: $1,900 and $1,100. The third card has $4531.00 of available credit but no BT offers. So I called and asked about getting something. The person said there was nothing they could do aside from consolidate two cards which would mean closing one and moving the available credit to the other. This would be okay except for that I like the Flex Rewards on the card that would have to be closed. So I'm trying to decide what to do.
I suppose it won't matter much since I'm no longer using CCs. Once I get the debt paid off, I was considering using the Flex card to pay for bills to get the rewards but paying the debt is more important.
So long story short, I'm frustrated trying to figure this all out. I'm happy that I got some of the debt to a lower interest card but I'm hoping I can get most of it moved!
Post publishing edit: I gave the Chase rep the opportunity to "sell me Chase." I told him the options I had weren't reasonable and I wanted to know why I should bring my money over to Chase. He basically said it was my decision! So I'm leaning toward not doing anything with Chase. It doesn't seem like they want my business. Also, I just called US Bank and have 5800 available credit to play with. Even though it only cuts my APR down by a few points, it's better than nothing!
Balance transfers
September 20th, 2011 at 06:34 pm
September 20th, 2011 at 07:00 pm 1316545240
I think you should just keep your eyes open. As your debt decreases, you will receive more balance transfer offers. Some of them will be worth taking.
September 25th, 2011 at 09:16 pm 1316985371
Jerry
September 30th, 2011 at 02:35 pm 1317393344