Ask Terry Questions Credit Card Transfer Balance

Credit Card Transfer Balance

By Terry Savage on August 21, 2018 | Credit/Debt

Terry I am looking to transfer $42,000 of a credit card balance and want no fee, zero interest charges for 12 months. I took your advice from your column in the Tribune and went on and found that AMEX will allow me 15 months of zero interest with no fees but my limit is $7500. What do you suggest I do to transfer the remaining $34,500? Thanks

Terry Says

I think you might be in trouble, because with such a large balance many banks can figure out that you are potentially a credit risk. You might also check this link at for their list of best balance transfer accounts. Many have 0 percent APR for 15 months, so you might get to transfer a larger balance at one of them.



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