Originally Posted by
gaobest
I just got a Chase Slate card with 0% intro APR for the first 15 months. It also has $0 intro fee on balance transfers made within 60 days of account opening. Plus 0% intro APR on balance transfers.
I have never had a card like this except Best Buy card on Best Buy purchases.
I have a $4k capex for a new sewer pipe on a Citi “double cash” card; it would help to have time to pay it off instead of paying it all now.
if I do this balance transfer, Will this still be 0% intro APR on balance transfer? I’ve never done anything like this so I want to make sure of this first by asking my fellow FTers.
Will I still get Citi 1% cash back that they would give for “payment” since Chase is technically paying for this?
You should see "transfer a balance" on your card screen on your Chase account online and if you follow through that link it should clearly state the terms of any transfers you conduct. Make sure you confirm that you're getting both the 0% APR and the $0 fee.
You'll earn points with Citi normally as if you had paid the Citi bill yourself since as far as Citi is concerned it's just a credit card payment. The balance that transfers to Chase won't be eligible for any points, though the Slate card doesn't offer any points anyway so it doesn't matter in this case.
This is different from the situations being discussed upthread which are about transfers from one Chase account to another, though the general principle that, under normal circumstances, you can only earn rewards (points, credit toward a spending threshold) for spend once applies to both situations.