Originally Posted by
Accidental_Flyer
I think the Slate card from Chase runs an offer with 0% interest for 12-15 months and no transfer fee. I'm not sure whether there is a limit to the size of the transfer but that's the best offer I know of. Paying 3% to get points/miles doesn't seem worth it.
There are no airline points to be had in Balance Transfer offers on my cards. I think that loophole closed a long time ago. Additionally, my monthly payments seem not to knock down the interest portion of my balance (a whopping $28 bucks, but still....).
We've been using these offers judicially as low interest, short term loans for short term projects-- flipping investment property. Getting a down payment or working capital to remodel a house at 3% (the 2% offer came too late) when hard money loans are 10-15%... that's a sweet deal. The limitation is that you have to read the fine print to know just how much of your credit line is available for balance transfer or cash advances. It is likely to be less than the whole credit line.
The Citi web site has a link when you are logged in "balance transfer offer waiting for you".