when you transfer one credit card balance to another can the one you transfered from still be used?

Answer 1

Yes,unless you close the acct..

Answer 2

Credit card balance transfer is one of the preferred ways to get rid of credit card debt and is used by many people to get immediate relief. Credit card balance transfer essentially means that we transfer our outstanding balances from a high APR credit card to a credit card which offers low APR's. A 0% Intro APR credit card is the preferred credit card to transfer balances, but because of the widespread misuse of such credit card offers, credit card companies have withdrawn all such offers.

Indeed balance transfer saves a lot of money and can save things from going worse, but many people simply don't know the right way to do balance transfer. This article takes a look at the correct process to initiate and complete the balance transfer.

The first thing to look out, when a person wants to transfer his balances is a credit card which offers the lowest apr rates and lowest balance transfer fees. Many online credit card companies offer credit card comparisons. It is indeed a good practice to search for the credit cards using their services and decide on a credit card which offers the maximum savings. It is important to note here that balance transfer APRs depend on a person's credit history. If the credit card in question offers the lowest rates, it is definitely for those with the best credit ratings. There are different balance transfer apr's for people with lower credit ratings. So, it becomes imperative that one chooses the credit card which offers the lowest apr and balance transfer fees for his credit ratings. Read more from: http://www.credit-card-gallery.com/article/414,The_right_way_to_credit_card_balance_transfers

Answer 3

Yes, unless they account holder has ceased your use of the account. But, transfer of balance does not normally prevent future use of the card. Hope this helps!

Answer 4

Sure, I do it pretty frequently when one offers me a "teaser" rate on transfers, especially one that's good until the balance is paid.

Just be careful that you don't run up your total credit load beyond what you can comfortably manage. Been there, done that, won't do it again!

Answer 5

Yes, you can still use it but you might want to wait awhile because it can cause your credit rating to go down. Wait for awhile to reflect a zero balance before using it. You don't want to high of revolving credit out there.

Answer 6

Yes, unless you close the account. Be careful, you don't want too much credit card debt.

Answer 7

Yes. To that card it was just a payment received.