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Howdy folks, I have a few questions for you.

I currently have a standard USAA Mastercard with 12.5% interest rate and no carried balance. They just sent me a note inviting me to convert to a platinum card, offering no annual fee and 5.9% on balance transfers until 7/31/2000 (prime + 3.9 = 11.9% after).

I was thinking of transfering about $6200 from a Citibank Visa at 8.9% and $2000 from Discover at 21%.

First, is there something I'm missing about the USAA offer?

Second, if the offer is OK, does transferring from 8.9% to 5.9% make enough sense? I calculated $15.50 per month savings on the Visa.
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