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Thread: Credit Balance on Chase Card - Can I Use "balance transfer" against a credit balance?
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Old Jun 29, 2016 | 4:04 pm
  #5  
garykung
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Originally Posted by dukerau
To start with, most balance transfers, even with a special offer, have a fee (usually 2-4% of the amount). There are two costs to a balance transfer - the initial fee and then the APR. The APR is often 0% as a special offer, but it's extremely rare to get 0% fee and 0% APR (except on some new account offers).
In this case, the APR is moot as OP simply gets the credit balance back.

So only the BT fee is involved.
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