Blogging Away Debt

Yesterday, I shared with everyone my experience with learning that you could shift credit limits around when you have cards issued by the same parent company. During the same call, I was given an offer of 3.9% for the life of the balance transfer. Very good deal, but I decided to wait a bit before deciding. I am glad I did.

The 0% balance transfer credit card that I applied for called me yesterday. Now, there aren’t to many zero percent offers out there, so I applied for one with the same parent company as the other two cards I discussed yesterday. They said I was approved, but I had maxed out my available credit. What they could do is give me a card with a $500 limit. Or, they could take some of the credit limit I had from my one card and transfer it to the new card.

First thing out of my mouth after she said that…”And then I can use the zero percent balance transfer offer using the credit I just transferred over?”

She said yes!

I went through a little bit of deja vu with asking this operator similar questions as the one from the other day. But I had to make sure I wasn’t going to get in trouble with this deal and not be able to take advantage of it. I decided to go ahead and transfer over some of my credit limit.

I now have the ability to get all of our credit card debt at zero percent for a year. I haven’t decided yet whether I will transfer all of our credit card debt or just a portion. I still have the 3.9% for life offer available. A lot of my decision will be based on some news that I am waiting on. Hopefully I will hear about that no later than next week.

This call brought about an interesting conversation I had with a customer service rep. I’ll share what I learned with you tomorrow. I ran out of time to finish it tonight.

EDIT: I may not have been clear when I let everyone in on what is happening with the 3.9% offer. That card does not have an existing balance. None of the cards that I am discussing right now have one, because I shifted all debt to one of my husband’s cards almost two months ago. It’s sitting there at 9.9%, except for about half that is at 5.9%. Sorry for the confusion.

Are You a Male Over the Age of 18?

by Tricia

EDIT: I was notified on October 16, 2007 that the referral email no longer works.

If you are male and over the age of 18, then Pinecone Research could use you for some surveys! An email that they just sent me explains how they are growing and need more members in this demographic.

If you are unfamiliar with Pinecone Research, they are a very desirable company to do surveys for. I’ve been a member there for a few years now. The surveys are pretty easy and you get a flat $5 via PayPal or check for each one you do. Sometimes, you even get to try new products and give your thoughts about them before they hit the market. I’ve always been paid in a timely manner.

If interested in signing up, please contact me and I’ll send you the email with the referral link. I am not compensated for sending you the referral link, but I’ll be pretty happy that I helped someone make a few extra bucks 🙂

An important note…only one person per household may register. So, if someone else in your household is registered, you cannot also register. The email with the referral will give all of the details.

Blogging Away Debt Blogging Away Debt follows real people on their journey to debt freedom — with tips on the debt snowball, budgeting, cutting expenses, and staying motivated.

The Offer That’s Better than 3.9%

Are You a Male Over the Age of 18?