No. of Recommendations: 0
We have $1400 credit card balance due to Citibank. An enticing offer from Chase Platinum arrived with intro rate of 2.99% x 9 months. There will be no Chase transaction fee associated with the balance transfer...but MY concern is with Citibank. I have been reviewing Citibank terms & conditions with their 2.9% offer that we accepted back in 10-2000, & one term/condition of which I'm not sure that I'm interpreting accurately is: "THIS OFFER IS NON-TRANSFERABLE". Does that mean we cannot TRANSFER the outstanding Citibank balance to another card? Please, your response & info would be most welcome!!

I've read & re-read the Citibank agreement, but cannot find any mention of "penalty fees" associated with transferring-out a balance. Has anyone ever experienced this scenario before in their credit-card history?

Thanks in advance--Apacherose
Print the post  


UGC Disclosure Notice Regarding Credit Card Posts
Community board discussions about credit cards are not provided or commissioned by banks who may have advertising relationships with The Motley Fool. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.
TMF Credit Center
The Motley Fool Credit Center arms you with real tools and simple messages, that will help you in every credit situation.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.