Community
Wiki Posts
Search

Earning Miles with a Balance Transfer

Thread Tools
 
Search this Thread
 
Old Sep 23, 2017 | 8:27 am
  #1  
Original Poster
 
Join Date: Oct 2014
Posts: 21
Earning Miles with a Balance Transfer

Happy Saturday Flyers

Can I Earn Miles with a Balance Transfer?

I just checked my credit Karma report, My credit score has dropped like crazy! Anyways, the report states "We estimate you'll pay $7,059 in interest on your credit card balance interest amount is based on an estimated rate of 15.%

Currently I have 4 credit cards:

1. AMEX everyday
2.Chase Sapphire Preferred
3.Chase Freedom
4. AA Platinum Select (this last card is the only one I don't owe any money)

I know I should of paid my cars balance every month but it was not possible. I have a better situation right now. I also owe money for my car so that adds up to my debt.

Can I Earn Miles with a Balance Transfer? I travel a lot.

Thanks in advance!
Mila333 is offline  
Old Sep 23, 2017 | 10:57 am
  #2  
FlyerTalk Evangelist
10 Countries Visited
20 Countries Visited
30 Countries Visited
All eyes on you!
 
Join Date: Jan 2005
Location: home = LAX
Posts: 26,113
Originally Posted by Mila333
Can I Earn Miles with a Balance Transfer?
Rarely, and (even if so) not all that many per each transfer. (And keep in mind that each separate balance transfer typically has a separate one-time fee, in addition to whatever the interest rate may be or not be.)

I used to get targeted offers for 2000 US Bank FlexPerks points for a balance transfer (not real miles, but bank-specific points usable for travel) reliably up until a couple years ago, but then they stopped (I still get balance transfer offers for the same card, but there any bonus points for those balance transfer any more).

But despite doing half a dozen balance transfer over the course of years, I never accumulated enough FlexPerks points for a single domestic coach flight. I dumped my points on a two-night hotel stay at a cheap hotel (after I realized I was no likely to earn any more points and the points I had were going to expire soon).

And that's the only card I've ever gotten a balance transfer offer with a bonus points offer attached (and I've had lots of airline/hotel/etc cards).
sdsearch is offline  
Old Sep 25, 2017 | 9:43 am
  #3  
Original Poster
 
Join Date: Oct 2014
Posts: 21
Thank you. When searching for balance transfer cards what should I take on account? or do you have any good cards to recommend?
Mila333 is offline  
Old Sep 25, 2017 | 10:54 am
  #4  
mia
Flyertalk Posting Legend Moderator: Credit Card Programs, American Express, Capital One, Chase, Citi, Diners Club, Eco Travel, Signatures
10 Countries Visited
20 Nights
2M
20 Years on Site
 
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA, IHG & Marriott Platinum; DL & HH Gold
Posts: 51,879
Originally Posted by Mila333
... what should I take on account? ...
Start here:

http://www.flyertalk.com/forum/credi...solidated.html
mia is offline  
Old Sep 26, 2017 | 1:11 pm
  #5  
Original Poster
 
Join Date: Oct 2014
Posts: 21
Thanks
Mila333 is offline  


Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service -

This site is owned, operated, and maintained by MH Sub I, LLC dba Internet Brands. Copyright © 2026 MH Sub I, LLC dba Internet Brands. All rights reserved. Designated trademarks are the property of their respective owners.