Small question regarding balance transfers
#1
Used to be 'flymanbeast'
Original Poster
Join Date: Jul 2011
Programs: Delta silver/marriot platinum
Posts: 2,795
Small question regarding balance transfers
Got a 0 percent offer when I pay off my credit card bill with city does it go to my normal expenses or my balance I transferred?
#3
FlyerTalk Evangelist
Join Date: Aug 2009
Location: ZOA, SFO, HKG
Programs: UA 1K 0.9MM, Marriott Gold, HHonors Gold, Hertz PC, SBux Gold, TSA Pre✓
Posts: 13,811
If you don't transfer everything in full, your default portion and cash advance will the first get transferred. Then standard purchase and previous BT will be the last.
#4
Used to be 'flymanbeast'
Original Poster
Join Date: Jul 2011
Programs: Delta silver/marriot platinum
Posts: 2,795
So in practice does it get allocated to the highest APR first? To clarify I got a really tempting offer to send a 0% balance transfer from my cities Card to my bank account!
P.s anyone have any idea how long it takes?
P.s anyone have any idea how long it takes?
#5
Join Date: Oct 2005
Location: SF
Programs: UA, VX, QF, EY, VA
Posts: 756
Citi BT is extremely fast. Couple of days for the DD version.
#6
FlyerTalk Evangelist
Join Date: Aug 2009
Location: ZOA, SFO, HKG
Programs: UA 1K 0.9MM, Marriott Gold, HHonors Gold, Hertz PC, SBux Gold, TSA Pre✓
Posts: 13,811
Financial institutions do not have a choice. It's THE LAW
http://www.bankrate.com/finance/cred...ard-law-2.aspx
http://www.bankrate.com/finance/cred...ard-law-2.aspx