I just got my HSBC card in the mail, it's 3.9 percent for the first six months and then prime plus 9 percent, $1,500 limit. I have two other cards, a Cap 1 and an Associates Visa both with balances of about $200 each. Those APRs are ridiculously high. I just called HSBC and the rep told me they would mail me some checks that I can write out and pay off the Cap 1 and Associates and then those balances would be transferred to my HSBC card. It sounds great to me. Is there a catch to this? Thanks.