Comments on: Cash Advance vs. Balance Transfer

By: Charles (The Broker)

Charles (The Broker) — Thu, 24 Jan 2008 15:57:35 +0000

This is a great way to make a little extra. You must remember that its like playing with a loaded gun. It is getting harder to find these 0% no fee and almost impossiable to find a cash advance 0%. Be careful. Good luck.

By: jim

jim — Sun, 13 Jan 2008 22:16:59 +0000

Fear shouldn’t prevent you from doing something, it just means you need to learn more about it.

By: MoneyNing

MoneyNing — Sun, 13 Jan 2008 21:17:38 +0000

I still think this is pretty risky since it involves something that can serious mess up your credit score.

By: 91030Mom

91030Mom — Sat, 12 Jan 2008 07:17:44 +0000

It is getting harder, but right now I have about 40k in the bank earning interest I got for 0% with NO xfer fees whatsoever. They are still out there, B_of_A has some as does C.i.t.i.

By: jim

jim — Fri, 11 Jan 2008 02:48:19 +0000

Hardik: Look carefully because several of them will say “Balance transfer fee waived with this offer.”

By: Hardik Patel

Hardik Patel — Thu, 10 Jan 2008 20:24:23 +0000

Hi,
I searched for 0% balance transfer credit card with no balance transfer fee and not annual fee
most of the card I came across are charging 3% balance transfer fee
would you please let me know where can I look for a card with no balance transfer APR and no fee
-Thanks

By: ChristianPF

ChristianPF — Thu, 10 Jan 2008 18:26:55 +0000

As you are probably aware, it is become more difficult to make money with the method – so many of the credit cards that used to do bal transfers w/o the fees are now charging 3% for balance transfers. It has really caused me to cut back playing the 0% game.

By: Vic

Vic — Thu, 10 Jan 2008 17:04:02 +0000

Thank you so much for responding to my e-mail! You have just earned another loyal reader! Please continue to share your valuable knowledge as it is much appreciated.

On a side note, where did you learn all this stuff? Any books to recommend.
vic