My question is; Has anyone done a high balance transfer to a lower interest rate card, had good credit but just lots of credit and "not" had the new card company transfer "all" the balance to their card?? Thanks alot!.. Tim
Whenever I've transferred a balance, I tell the new company (the one I'm transferring TO) how much I want to transfer from each card. I'm not sure if that's what you're asking or not.
If you are trying to keep your utilization (balance owed vs. credit limit) down under 50%, it makes sense to transfer less than the total amount from one card to another, or split the BT up between two lower rate offers. You can transfer any amount from $100 up to your credit limit on most BTs. Be aware of BT fees.
