If my husband get the First Premier card where the fees are almost as much as the credit limit($250), can I pay it off with my low rate card? Thanks
You can pay ANYBODY'S card off... If you gave me your credit card number and payment address, I COULD PAY YOUR CARD FOR YOU...and I don't even know you. My wife and I do BT'S all the time...MINE TO HERS...HERS TO MINE...
Great. I think it stinks that you are maxed out as soon as you get the card (the score must include that) but if he gets it and I can put it on my card then he will be in the clear to use it as a credit card even if the limit is low. I hope he gets it. Thanks
Hmmm I just thought of something. What ist he difference between paying off one card with another card and a balance transfer? If the card says you cannot do balance transfers then is that a problem? I am sure this is a stupid question. Diane
I would take him up on that offer LOL. BTW in the above post I forgot to mention that my husbanbd is an AU on the card that I would use to pay off his First Premier.
I BT (BALANCE TRANSFER) $1,000 from CITIBANK to MBNA...MBNA has a $1,000 payment posted...CITIBANK has a $1,000 charge. PAYING OFF ONE CARD WITH ANOTHER CARD IS A BALANCE TRANSFER. If your card does NOT allow BT'S your only other option is a CASH ADVANCE into your checking account at your bank...then mail off a check to the other card...(THIS IS A BAD WAY TO DO IT)... What card has NO BT'S ALLOWED???
I seem to remember some restrictions on First Premier but I am not sure-it was more a hypothetical. However, my real concern was whether or not it would be considered a balance transfer when my husband is only the AU on the card that we would use to pay off the First Premier balance? Isn't it only considered a balance transfer if you transfer your own card to another card of your own? I hope this is not too confusing- I am new to the whole balance transfer deal. Thanks
A BALANCE TRANSFER CAN GO TO ANY BANK OR BUSINESS ON BEHALF OF ANY PERSON... MBNA will even BT your gas bill, trash, phone, even DIRECT DEPOSIT into your checking account...