In preperation for an AOR, which credit card issuers have no problems BT'ing to debit cards,ACH'ing to checking accounts, or mailing BT checks either online or via CSR. I know Citi and BOA have no problems doing these. Any others?
yeah I know about that thread, but its geared for getting BT's from issuers that are difficult. I'm interested in issuers that will BT easily to debit card, ACH to bank account, or mail a check with just a call to a CSR or online website.
Searched using term "debit bt" and got the following: http://www.fatwallet.com/forums/messageview.php?catid=52&threadid=680368&highlight_key=y&keyword1=debit+bt
With that said - I recently did an AORBT and of the majors (chase, citi, boa, fia, discover and advanta) not one BT'd to my debit - I either got a call from a CSR or a notice saying the account number was invalid. I used HSBC, Citi and BoA debit cards to mix but not match (no BoA-BoA requests).
Just did one from Chase to my checking account. This was on an existing 3-year old card though. CSR took bank info 5 days ago and it is in my bank now.
mojoshtudd said: Just did one from Chase to my checking account. This was on an existing 3-year old card though. CSR took bank info 5 days ago and it is in my bank now.
Ditto with Chase, but the account was around a month old when I did it. The brand new account wasn't available for ACH transfer just yet. They also said they waived my fee but it showed up on the account today. Better call them...
mojoshtudd said: Just did one from Chase to my checking account. This was on an existing 3-year old card though. CSR took bank info 5 days ago and it is in my bank now.
Did any of you use your Debit card numbers for the transaction, or did you use your routing and account numbers?
There is a VERY big difference. CC issuers that do not offer BTs to banks via routing and account numbers will (according to FW lore) allow you to enter your 16 digit debit card number, which then supposedly directs the funds to your checking account. I tried this with every BT in my last AORBT spree (11 BTs from 8 different issuers) , and found not one CC issuer that it worked with.
This is a funny thing, because I have the exact opposite experience. I did 4 Citi BT's and 1 Discover and 1 Chase using my debit card number from Wells Fargo and all of them went through in less than a week totalling around $25,000.
inthecity
Member
posted: Jan. 18, 2007 @ 2:37p
I've BT to HSBC debit card. takes about 5 days usually
dvrice
Senior Member
posted: Jan. 19, 2007 @ 7:22a
I thought about starting a thread similar to this, but thought it would get flamed with "do your research by reading other threads".
It sounds you are in a similar situation as me. I am interested in doing sort of a mini-AOR. I want to apply for a smaller number of cards and I only want to apply for ones that are either:
1)Very easy to acquire the 0% balance transfer into a check or transfer into savings account 2)The very best sign-up bonuses.
It would be convenient to have a list that had the following info. I have listed the Citi PremierPass card, because this is the only one I have first hand experience with.
Card: Citi PremierPass Sign-up bonus: 15,000 thank you points (=$150 gift card) 0% balance transfer: Yes, 0% for 12 months balance transfer fee: $0, waived with offer Acquiring the BT: easy, log onto citicard.com and request the BT in the form of a check to yourself
Hmm, are you guys saying you have had limited success with Discover & AMEX?
I did a Discover BT to my Wachovia CheckCard on Jan. 9, still nothing, but I got an email yesterday from Discover saying the BT has been posted on my account. I also initiated a AMEX BT to GMAC CheckCard on the 15th. I'll post here and in the other thread on their status, but it looks grim if what you all say is true.
dvrice said: I thought about starting a thread similar to this, but thought it would get flamed with "do your research by reading other threads".
It sounds you are in a similar situation as me. I am interested in doing sort of a mini-AOR. I want to apply for a smaller number of cards and I only want to apply for ones that are either:
1)Very easy to acquire the 0% balance transfer into a check or transfer into savings account 2)The very best sign-up bonuses.
It would be convenient to have a list that had the following info. I have listed the Citi PremierPass card, because this is the only one I have first hand experience with.
Card: Citi PremierPass Sign-up bonus: 15,000 thank you points (=$150 gift card) 0% balance transfer: Yes, 0% for 12 months balance transfer fee: $0, waived with offer Acquiring the BT: easy, log onto citicard.com and request the BT in the form of a check to yourself
I'm not seeing that this is a waived BT fee or that the AF is waived. The 15k points you mention is for the elite level of this card.
zzyzzx
Senior Member - 3K
posted: Jan. 19, 2007 @ 1:04p
I saw a webpage someplace where someone did one from Citi, and showed a bunch of screen shots. Very informative really.
BankofGreed
Greedy Member
posted: Jan. 19, 2007 @ 1:07p
zzyzzx said: I saw a webpage someplace where someone did one from Citi, and showed a bunch of screen shots. Very informative really.
You can BT to a citi CC with no problem. There's an option there for a credit balance refund. Bad part is that it takes a few weeks for the check to show up.
charliek
Senior Member
posted: Jan. 19, 2007 @ 1:18p
BankofGreed said: zzyzzx said: I saw a webpage someplace where someone did one from Citi, and showed a bunch of screen shots. Very informative really.
You can BT to a citi CC with no problem. There's an option there for a credit balance refund. Bad part is that it takes a few weeks for the check to show up.
But if you happen to have NO-FEE BT (APR doesn't matter) on that Citi card, you can request a "balance transfer check" (NOT a credit balance refund) in the amount of just the credit balance made out to you and receive it a week later. Citibank will become your best friend when it comes time to cash out the BT funds from your AOR.
I'll be sure to get one of their cards, probably the one mentioned above despite the fact that it's details don't seem to jive with what is described. I need to really get busy and get ready for this over the weekend.
Has anyone applied for the citi premierpass lately? I'd like to make sure that the elite is annual fee free for the first year as I don't see mention of it.
charliek said: Citibank will become your best friend when it comes time to cash out the BT funds from your AOR.
What do you mean by this?
mlx79118005
Senior Member
posted: Jan. 22, 2007 @ 2:41a
charliek said: BankofGreed said: zzyzzx said: I saw a webpage someplace where someone did one from Citi, and showed a bunch of screen shots. Very informative really.
You can BT to a citi CC with no problem. There's an option there for a credit balance refund. Bad part is that it takes a few weeks for the check to show up.
But if you happen to have NO-FEE BT (APR doesn't matter) on that Citi card, you can request a "balance transfer check" (NOT a credit balance refund) in the amount of just the credit balance made out to you and receive it a week later. Citibank will become your best friend when it comes time to cash out the BT funds from your AOR.
But if you deposit this BT check into your checking account, will it be treated as Cash Advanced? Thanks!
mlx79118005 said: charliek said: BankofGreed said: zzyzzx said: I saw a webpage someplace where someone did one from Citi, and showed a bunch of screen shots. Very informative really.
You can BT to a citi CC with no problem. There's an option there for a credit balance refund. Bad part is that it takes a few weeks for the check to show up.
But if you happen to have NO-FEE BT (APR doesn't matter) on that Citi card, you can request a "balance transfer check" (NOT a credit balance refund) in the amount of just the credit balance made out to you and receive it a week later. Citibank will become your best friend when it comes time to cash out the BT funds from your AOR.
But if you deposit this BT check into your checking account, will it be treated as Cash Advanced? Thanks!
No it will not. It is a BT.
aandt1999
Member
posted: Mar. 23, 2007 @ 4:04a
inthecity said: I've BT to HSBC debit card. takes about 5 days usually
Can you (or someone else) tell me more... I have attempted a BT from Discover to my HSBC debit. It has posted on Discover but no sign of it yet on HSBC end. I requested the BT on the 16th (1 week ago). It posted on Discover on the 19th, so should I figure about 5 days from posting date for it to show in HSBC? I am not too worried yet, I am thinking the money should be in by early next week, is that accurate/realistic based on other's experience?
Thanks
montee4
Senior Member
posted: Mar. 23, 2007 @ 5:57a
I signed up for an HSBC credit card and the rep did a no fee 0% balance transfer over the phone directly to my Presidential Checking account.
aandt1999
Member
posted: Mar. 24, 2007 @ 6:40p
Just to answer my own question... My BT from Discover to HSBC Debit just showed up in my HSBC checking account today. So the time line in this case was 5 days after posting on Discover it showed in HSBC, listed as "Payment - Thank you"
ddyourself
Thrifty Member
posted: Apr. 13, 2007 @ 8:54a
Has anybody ever tried to BT from Chase CC to GMAC Money Market savings? My transaction was posted on my CC on the 6th, but still not show up in my saving account. It has been a week, anybody know how long does it usually take for the money to show up?
I BT'd from a WaMu CC to my Wachovia check card and am sweating bullets (a lot is riding on this going through). I called them and apparently they have sent a physical check. My thought is this may improve the chance of it going through... if Wachovia gets a physical check made out to my checkcard account number, surely they'll deposit it?
brushwood
Greedy Member
posted: Apr. 25, 2007 @ 1:33p
I recently did a BT from my American Express card to my Bank of America HELOC Visa using the Visa number. The fine print of the American Express BT terms says they will count any BT into a deposit account or mortgage as a cash advance, so I didn't want it to look like it was going into my HELOC. I was nervous at first that it wouldn't go through and even called a CSR to ask if it would work. She said it would not and that I'd need to cancel the BT and re-request it using the HELOC account number. I waited a couple more days and the money showed up as a negative balance on my HELOC.
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