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karjules
Love my Jules :)
Member since 1/07 2056 total posts
Name:
Karen
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Not sure where to post this..balance transfer offer
I have cc debt for the first time in many years...I am looking to transfer it from my Citi card to my Discover Card. Discover is offering 0% for 6 months, with a 5.0% one time fee..it will save me money in the long run, but I am wondering if those that have done balance transfers think 5% is a high one time fee to pay to transfer?
Thanks!!
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Posted 9/9/10 10:11 AM  |
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Long Island Weddings
Long Island's Largest Bridal Resource |
CouponKT
Our family is complete
Member since 6/06 16494 total posts
Name:
K
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Re: Not sure where to post this..balance transfer offer
Yes, I think it is higher than what I have seen. I have been in tune to this since I was looking to do it, and I got ones for a 3% fee. See if you can find one at 3%.
ETA: and, it is also 0% for longer than 6 months
Check Citibank
Message edited 9/9/2010 10:13:25 AM.
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| Posted 9/9/10 10:13 AM |
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karjules
Love my Jules :)
Member since 1/07 2056 total posts
Name:
Karen
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Re: Not sure where to post this..balance transfer offer
Posted by CouponKT
Yes, I think it is higher than what I have seen. I have been in tune to this since I was looking to do it, and I got ones for a 3% fee. See if you can find one at 3%.
ETA: and, it is also 0% for longer than 6 months
Check Citibank
Thanks! The card with the balance is Citibank...where would I find another card offer for lower? Ugh, I was hoping to just use Discover since that is my only other cc and it has no balance..I guess I need to apply for a different card now?
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| Posted 9/9/10 10:17 AM |
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JenMarie
One day at a time
Member since 11/07 7397 total posts
Name:
Jennifer
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Re: Not sure where to post this..balance transfer offer
I LOVE my Discover card! Call them and see if they'll work with you on the fee. Tell them you have another for 3%, but would rather give them the business. I'm sure they'll work with you.
By the way, the way balance transfers work with Discover is they will put the money in your bank account so you can then pay off the CitiBank card.
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| Posted 9/9/10 11:18 AM |
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ave1024
I Took The Wrong Road
Member since 12/07 6153 total posts
Name:
That Led To The Wrong Tendencies
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Re: Not sure where to post this..balance transfer offer
That is a lousy offer. I would never pay anybody 5%.
US Bank has a Linux card that is 12 months 0% BT. 3% fee (CAPPED AT $75).
The cap is very nice. If you BT 20k for instance, 3% is $600. 5% is $1000.
Having a $75 cap means you just pay $75. 
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| Posted 9/9/10 11:42 AM |
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karjules
Love my Jules :)
Member since 1/07 2056 total posts
Name:
Karen
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Re: Not sure where to post this..balance transfer offer
Posted by ave1024
That is a lousy offer. I would never pay anybody 5%.
US Bank has a Linux card that is 12 months 0% BT. 3% fee (CAPPED AT $75).
The cap is very nice. If you BT 20k for instance, 3% is $600. 5% is $1000.
Having a $75 cap means you just pay $75.
Wow! That's awesome..how would I apply for that card???
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| Posted 9/9/10 1:39 PM |
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ali120206
2 Boys
Member since 7/06 17795 total posts
Name:
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Re: Not sure where to post this..balance transfer offer
Check Chase - I keep on getting offers from them and I believe it's a 3% fee as well.
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| Posted 9/9/10 1:53 PM |
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Bearcat
Love my little girls!!! <3
Member since 6/10 10818 total posts
Name:
E
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Re: Not sure where to post this..balance transfer offer
I think 3% is pretty standard - I would not pay more than that.
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| Posted 9/9/10 2:29 PM |
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FireBelle10
LIF Infant
Member since 5/10 300 total posts
Name:
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Re: Not sure where to post this..balance transfer offer
I get offers all the time in the mail. Most are 3% fee and all are 0% APR on balance transfers for 1 year. I'd keep looking.
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| Posted 9/9/10 2:41 PM |
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MrsRitaB
Love of my life! <3
Member since 4/10 4669 total posts
Name:
Ri
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Re: Not sure where to post this..balance transfer offer
Posted by Bearcat
I think 3% is pretty standard - I would not pay more than that.
same here - i got 3% one time fee with citibank 0% interest for the year
Message edited 9/9/2010 2:43:06 PM.
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| Posted 9/9/10 2:42 PM |
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ave1024
I Took The Wrong Road
Member since 12/07 6153 total posts
Name:
That Led To The Wrong Tendencies
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Re: Not sure where to post this..balance transfer offer
Posted by karanthony
Posted by ave1024
That is a lousy offer. I would never pay anybody 5%.
US Bank has a Linux card that is 12 months 0% BT. 3% fee (CAPPED AT $75).
The cap is very nice. If you BT 20k for instance, 3% is $600. 5% is $1000.
Having a $75 cap means you just pay $75.
Wow! That's awesome..how would I apply for that card???
US Bank Offer
Here is the offer. If you are interested, and can apply... apply quickly. US Bank repeatedly takes down the offer and then puts it back up. Strange.
Read the terms and conditions first to make sure the offer is correct (don't hold me to it).
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| Posted 9/9/10 2:59 PM |
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mka06
LIF Adult
Member since 8/06 1079 total posts
Name:
Melis
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Re: Not sure where to post this..balance transfer offer
Posted by ave1024
Posted by karanthony
Posted by ave1024
That is a lousy offer. I would never pay anybody 5%.
US Bank has a Linux card that is 12 months 0% BT. 3% fee (CAPPED AT $75).
The cap is very nice. If you BT 20k for instance, 3% is $600. 5% is $1000.
Having a $75 cap means you just pay $75.
Wow! That's awesome..how would I apply for that card???
US Bank Offer
Here is the offer. If you are interested, and can apply... apply quickly. US Bank repeatedly takes down the offer and then puts it back up. Strange.
Read the terms and conditions first to make sure the offer is correct (don't hold me to it).
thanks for posting. unfortunately, the link isn't working right now. I'm just getting an error message 
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| Posted 9/9/10 3:02 PM |
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ave1024
I Took The Wrong Road
Member since 12/07 6153 total posts
Name:
That Led To The Wrong Tendencies
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Re: Not sure where to post this..balance transfer offer
Try it again tomorrow. Or a few hours from now. Sometimes it works. Sometimes it doesn't.
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| Posted 9/9/10 3:06 PM |
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karjules
Love my Jules :)
Member since 1/07 2056 total posts
Name:
Karen
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Re: Not sure where to post this..balance transfer offer
I applied, and they showed that offer so hopefully it will go through!! Thanks for the recommendation!
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| Posted 9/9/10 5:56 PM |
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HeathKernandez
Our Ron is an awesome Ron
Member since 4/07 9091 total posts
Name:
baby fish mouth
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Re: Not sure where to post this..balance transfer offer
5% is pretty standard. It used to be 3% until the economy went into the crapper.
Depending on how much debt you're talking about, it could be harmless... You could probably get 12 months with 0% interest (and a 5% OT fee) if you open a new credit card. I did this a few times in the past and it didn't affect my credit negatively... but I don't suggest doing it a lot and not close together
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| Posted 9/9/10 6:39 PM |
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