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Reply to "Should I transfer my credit card Balance?"
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[quote=Anonymous][quote=Anonymous]OP, do you already have this card open with a $17,000 credit limit? If you do, great. If you don't and you have to apply, a couple of things could happen: 1) You get a card, but not with a high enough credit limit. Only half gets transferred and then you have debt on two cards. It would still save you money in the long run, but you have to manage payments on both cards. 2) You apply and they actually switch the terms on you.[/quote] Yes both cards have high limits (20 and 25K). And my VISA balance is at $0. I only use it when places don't accept AMEX. [/quote]
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