Balance Transfer Help Needed please

Posted by allen (24.98.104.210) on August 19, 2002 at 20:48:55:

Hi,

Right now I owe 3000 on a 24.99% amex card.

I can BT 600 to my Capital One card with BT rate of 5.9%. I owe nothing on the card so I am not hit with the high purchase rate problem

I could also transfer $1000 to my citibank with BT rate of 3.9%.

I know it will reduce the debt, but overall how much would I save?

Do you think it is worth doing it?

Thanks,
Allen