Balances transfers - How often

[lovestotravel]

Okay so I did a balance transfer a few months ago, and paid down some of it, and went to do another one and it says I am not eligible for it at the moment as I don't have an "offer"

Does anyone know how long you need to wait to do another balance transfer and when do you get another "offer"

I couldn't even do a cheque to self, as I needed to have an "offer"

I rang CitiBank three times and got the same answer each time, so I assume they are correct

Thoughts?

 

[bismarck]

Usually only available when you first open a card.

I have a received a couple on my Amex Discovery and CBA cards that sit in a drawer and are never used.


Sent from my iPhone using AustFreqFly

 

[JohnK]

I have a Citibank Readycredit card and for as long as I can remember 0% balance transfer for 3 months has been available to me.

 

[GCC]

They are all different. I have an ANZ card, and the current offer of 0% for 12 months is for new and existing cardholders so I'm eligible. Generally though the offers are for acquisition and therefore new accounts.

 

[Isochronous]

I have a Citibank Readycredit card and for as long as I can remember 0% balance transfer for 3 months has been available to me.

Has anyone had this on the Signature as an existing cardholder?

 

[lovestotravel]

Okay so an offer appeared a few days ago and I was happy again! 6.99% for 6 months.

Went to try and use it tonight and it was gone

Very weird!

 

[JohnK]

Call them. They should be able to see the offers on your account.

And in my experience sometimes they have more offers than what I can see of have received.

 

[lovestotravel]

Call them. They should be able to see the offers on your account.

And in my experience sometimes they have more offers than what I can see of have received.

Thanks, but I tried that, and they said I currently have no offers!

But in the past they have offered me more than what I had received!

Yet again, it's just Citibank consistency I think....

 

[awesomedude]

I am currently on my initial 0% for 6 months utilizing the family and friends deal. Last night another 0% for 6 months offer appeared in IB.
It would worth checking your IB offers if you are in the market for BT.

 

[JohnK]

- ANZ 0% for 12 months
- Westpac 0% for 14 months
- Bankwest had no offer and called them and they offered 2.99% for 6 months
- CBA 5.99% for 6 months
- Citibank 0% for 3 months

Virgin, last balance transfer of 2.99% for 9 months about to expire so keen to see what they will offer.

 

[chrisishere]

Citibank will offer it if you ask, they offered me when I asked to cancel my card 12 months 0% for a cheque to self or balance transfer up to i think it was 90% of the card limit.

 

[JohnK]

Citibank is 0% for for 3 months up to 80% of credit limit.

They also have 0% for 6 months up to 80% of credit limit but 2% balance transfer fee.

 

[chrisishere]

Current customers can easily get something better than what is offer on the website. The offer I received was when I called up an hour ago to cancel.

 

[JohnK]

I called Citibank and there are no balance transfer offers available for existing customers. Strange.

I didn't threaten to cancel.

 

[BOZZ]

That's strange. I called them last week as I couldn't see the balance transfer offer on the website. They said it was still available for me, took all details over the phone and 2 days later funds were transferred.

 

[Isochronous]

Current customers can easily get something better than what is offer on the website. The offer I received was when I called up an hour ago to cancel.

Wonder what they will do in july when the fee free for life 0%/6months expires, I transfer owing balance to NAB, then immediately call Citi and threaten to cancel. LOL.

 

[dodgeyhack]

I called to cancel a card the other day and they offered me 24 months 0% interest.
I was really keen to cancel so I could apply for the 80,000 signup bonus card so I declined a 12 month transfer, but the 24 month offer won me over.

 

[JohnK]

That's strange. I called them last week as I couldn't see the balance transfer offer on the website. They said it was still available for me, took all details over the phone and 2 days later funds were transferred.

I had that 0% offer on website for long time. They didn't want to offer anything this time.. See if a few months of inactivity triggers any offers.

Don't want to cancel card as it is free and no cash advance fee for withdrawals.

 

[chrisishere]

Going through the citibank balance transfer, appears that it has changed now and that instead of it being a payment straight to the receiving bank credit card, they now send a cheque, takes 10 days to clear etc. Last time I did this it was done in a matter of days. Apparently the new way takes longer and is more manual intensive. I called citibank to follow up on the status of it, first reply was, takes 10 days to do the cheque to the cheque was sent 5 days ago so the bank should have it, but the receiving bank doesn't All the scripted responses started contradicting each other.

 

[Isochronous]

I had that 0% offer on website for long time. They didn't want to offer anything this time.. See if a few months of inactivity triggers any offers.

Don't want to cancel card as it is free and no cash advance fee for withdrawals.

Fee-free cash advance? That I didn't know. Means it becomes like a 28Deg card, but do they get you on the exchange rate?