Comments on: Citi Writes Checks for 0% Balance Transfers http://www.bargaineering.com/articles/citi-writes-checks-for-0-balance-transfers.html personal finance blog with anecdotes, advice and commentary. Sun, 22 Nov 2009 02:01:03 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: fivecentnickel.com http://www.bargaineering.com/articles/citi-writes-checks-for-0-balance-transfers.html/comment-page-1#comment-73547 fivecentnickel.com Fri, 23 Feb 2007 11:06:20 +0000 http://www.bargaineering.com/articles/citi-writes-checks-for-0-balance-transfers.html#comment-73547 <strong>Weekly Roundup - 02/23/07</strong> Here’s a quick look at some of the articles that caught my eye over the past week… Jim points out that Citi writes checks for 0% balance transfers. FMF advises you to save money by buying the right garage door. Failing that, my best advic... Weekly Roundup – 02/23/07

Here’s a quick look at some of the articles that caught my eye over the past week…

Jim points out that Citi writes checks for 0% balance transfers.
FMF advises you to save money by buying the right garage door. Failing that, my best advic…

]]> By: Jesse http://www.bargaineering.com/articles/citi-writes-checks-for-0-balance-transfers.html/comment-page-1#comment-72999 Jesse Wed, 21 Feb 2007 23:51:29 +0000 http://www.bargaineering.com/articles/citi-writes-checks-for-0-balance-transfers.html#comment-72999 I had them overpay my personal, normal-use CC that's linked to my bank account. Then I turned right around and had my bank transfer the credit to my checking account. It took a few days tops. I then took that money and threw it into a high-yield savings account (duh). I had them overpay my personal, normal-use CC that’s linked to my bank account. Then I turned right around and had my bank transfer the credit to my checking account. It took a few days tops. I then took that money and threw it into a high-yield savings account (duh).

]]> By: samerwriter http://www.bargaineering.com/articles/citi-writes-checks-for-0-balance-transfers.html/comment-page-1#comment-72992 samerwriter Wed, 21 Feb 2007 22:06:43 +0000 http://www.bargaineering.com/articles/citi-writes-checks-for-0-balance-transfers.html#comment-72992 Citibank also offers an easy way to get a check back from their website if you have a credit on the account. So, it might make sense to get a Citibank card, even with a very low limit, to use with those lame credit cards that won't send you a check. Just do a balance transfer to your Citibank card, then request a refund online. Last time I tried the balance-transfer-then-request-a-check I was transferring from Discover to Chase. The transfer took perhaps a week, then Chase took about three weeks to cut me a check. And they gave me a hard time about it, asking why I had such a large credit. Now I have the check, and it will still take another week for it to clear my bank, then a few more days to transfer to my high-interest account. That's over a month of interest lost. I suspect going through Citibank to get the refund would cut the three week wait considerably. Citibank also offers an easy way to get a check back from their website if you have a credit on the account.

So, it might make sense to get a Citibank card, even with a very low limit, to use with those lame credit cards that won’t send you a check. Just do a balance transfer to your Citibank card, then request a refund online.

Last time I tried the balance-transfer-then-request-a-check I was transferring from Discover to Chase. The transfer took perhaps a week, then Chase took about three weeks to cut me a check. And they gave me a hard time about it, asking why I had such a large credit. Now I have the check, and it will still take another week for it to clear my bank, then a few more days to transfer to my high-interest account.

That’s over a month of interest lost. I suspect going through Citibank to get the refund would cut the three week wait considerably.

]]> By: Trent http://www.bargaineering.com/articles/citi-writes-checks-for-0-balance-transfers.html/comment-page-1#comment-72990 Trent Wed, 21 Feb 2007 20:45:17 +0000 http://www.bargaineering.com/articles/citi-writes-checks-for-0-balance-transfers.html#comment-72990 Or you could pay the card you use on a daily basis into negative territory, then use up the excess balance over the course of a month or two. Or you could pay the card you use on a daily basis into negative territory, then use up the excess balance over the course of a month or two.

]]> By: Amit http://www.bargaineering.com/articles/citi-writes-checks-for-0-balance-transfers.html/comment-page-1#comment-72989 Amit Wed, 21 Feb 2007 20:43:28 +0000 http://www.bargaineering.com/articles/citi-writes-checks-for-0-balance-transfers.html#comment-72989 You can get a 0% balance transfer check from discover. The only thing is you have to call them.I have done it couple of months ago. You can get a 0% balance transfer check from discover. The only thing is you have to call them.I have done it couple of months ago.

]]> By: CK http://www.bargaineering.com/articles/citi-writes-checks-for-0-balance-transfers.html/comment-page-1#comment-72988 CK Wed, 21 Feb 2007 20:36:57 +0000 http://www.bargaineering.com/articles/citi-writes-checks-for-0-balance-transfers.html#comment-72988 I had no problem getting a credit back from National City for what it's worth. I had no problem getting a credit back from National City for what it’s worth.

]]> By: baker http://www.bargaineering.com/articles/citi-writes-checks-for-0-balance-transfers.html/comment-page-1#comment-72986 baker Wed, 21 Feb 2007 19:41:22 +0000 http://www.bargaineering.com/articles/citi-writes-checks-for-0-balance-transfers.html#comment-72986 I did this for a balance transfer, except I also sent in my monthly payment as well (so it was over the monthly payment I sent). I had no problems getting it refunded (aside from a slight delay, I think it was a week after I called I got the checks). I did this for a balance transfer, except I also sent in my monthly payment as well (so it was over the monthly payment I sent). I had no problems getting it refunded (aside from a slight delay, I think it was a week after I called I got the checks).

]]> By: Tim http://www.bargaineering.com/articles/citi-writes-checks-for-0-balance-transfers.html/comment-page-1#comment-72984 Tim Wed, 21 Feb 2007 18:35:55 +0000 http://www.bargaineering.com/articles/citi-writes-checks-for-0-balance-transfers.html#comment-72984 screw them. who cares if you overpay the credit card. they still have to give you the money back. screw them. who cares if you overpay the credit card. they still have to give you the money back.

]]> By: Sun http://www.bargaineering.com/articles/citi-writes-checks-for-0-balance-transfers.html/comment-page-1#comment-72980 Sun Wed, 21 Feb 2007 17:43:38 +0000 http://www.bargaineering.com/articles/citi-writes-checks-for-0-balance-transfers.html#comment-72980 Last year I used Discover card to transfer a total of $9000 to two Citi cards, then asked for a over payment refund. No question was asked and it took two weeks for me to receive the refund check. I don't about other cards, but with Citi cards, it's very simple to get the refund. Last year I used Discover card to transfer a total of $9000 to two Citi cards, then asked for a over payment refund. No question was asked and it took two weeks for me to receive the refund check. I don’t about other cards, but with Citi cards, it’s very simple to get the refund.

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