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Old Aug 3, 2012 | 2:38 pm
  #12  
rcross23
10 Years on Site
 
Join Date: Jun 2012
Posts: 114
Originally Posted by yOyOYoo
This was a great idea back when they didn't introduce balance transfer fees...

With the fees of 3% and up per balance transfer, it's just not a smart idea to carry over any balance if it can be avoided.

Btw there are some cards still that have 0% intro APR and 0 balance transfer fees like the Chase Slate.
That is true, and it would definitely be a more valuable option with no balance transfer fee, but in my situation, and certainly others, it can still be a smart move. For instance, my balance transfer fee would be just north of $200, but my savings will be $500+.

Good to know about the Chase Slate though. I will definitely look into that, and if I hadn't just done an App-o-rama, I would probably jump all over it. As it is, I will probably stick with my original plan in order to save a few hundred bucks and fulfill the requirements of the CC offers.

Thanks for the input!
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