jack0218andrew said:I have had a REI Visa since 2002. I decided to roll the dice and apply for the Balance Transfer with the promo code 45248 on Monday night. It posted to my account today with no fee, so I called and asked to them to verify the terms of the transfer. The CSR stated that it was the 12 months, no fee, 0%. I did not ask ahead of time if it was availabe on my account nor had I received any mailings on it.

You are not worried that they might pull the rug like they did to Rorer at statement closing time?

I emailed them and got the following email reply

Account Ending in: xxxxx

Dear xxxxxxxxxx:

Thank you for contacting U.S. Bancorp Service Center, Inc. via our website.

We do have several offers available for you.

One available is a Balance Transfer offer of 0.00% for 6 months no fee charged for doing the balance transfer.

If you are interested in taking one of the offers and finding out what else is available please contact customer service at 1-800-285-8585.

You are a valued cardmember and we appreciate the opportunity to be of assistance.

Sincerely,

xxxxxxxxxxxxx
Service Advisor

retire35 said:I wrote a similar email as the OP, and received the same 0%, no fee offer through Oct 1, 08. Thanks OP.

which card and how old is the line?

US Bank Baylor still has the no fee BT/12 months offer.

There is a thread on this.

According to the T&C they do and people have done it.

Visa® Platinum Card Benefits
0%† introductory APR on purchases for the first 12 billing cycles.
0%† introductory APR on balance transfers for the first 12 billing cycles.
Credit limits up to $25,000.00.

Near the bottom:

The introductory rate does not apply to cash advances and is valid for six billing cycles. The rate will end early and increase to the current applicable APR if your Account is delinquent, over the limit or closed. We apply your payments to balances with lower APRs first. After six billing cycles, balance transfer fees apply.

This was translated to reference BT's done during the first 6 billing cycles a no fee and 0%. If you do a BT after the first 6 billing cycles the interest rate is at the standard rate and BT fees apply.

retire35 said:Baylor Alumni, maybe from back in July 07.

did you take advantage of the original new account promo?

retire35 said:no, because when i called immediately after receiving the card they said it was a 3% fee.

That's the first I've heard that. Everyone else was told differently and has done BT's with the new offer with no fee AFAIK.

Yes, but the T&C says that BT fees apply after 6 months.

retire35 said:To me, the terms you quoted means that a balance transfer fee will apply if you initiate the transfer six months or more after receiving the card.

Correct. So if you initiate the transfer within the first six billing cycles no fee. Read the AOR thread within the Hindustani thread. It covers this.

Please keep good records, some of the companies say or imply that there is no fee, but will charge it anyway.