I'd like to conslidate my current credit card debt and do a balance transfer on the American Express blue card
1st card = $4,600 18.99% apr
2nd card = $3,800 15.99% apr
3rd card = $700 21.00% apr
Now the blue card has a 4.9% fixed rate on balance transfers for the life of the transfer amount. Just wondering what my chances of approval to transfer these 3 amounts on that one card... (I plan to cut up those high rate cards asap once that happens) Are there any hidden fees or anything I should be worrying about, regarding this card, and what can I expect to be paying monthly? Credit score of 691, my take home pay each month is about $3,000 after taxes. I was also thinking of personal loans but the rates are between 10-13%. Is this the best move to go to a blue card or do I have any other alternatives?
2007-08-29
16:13:23
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6 answers
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asked by
Fishy Stick
2
in
Credit