Comments on: Capital One® Credit Cards With No Balance Transfer Fees http://www.consumerismcommentary.com/2008/04/30/capital-one-credit-cards-with-no-balance-transfer-fees/ A premiere personal finance blog, established 2003. Within, Flexo discusses his own experiences with money, and he and other authors comment on a wide range of personal finance topics. Sun, 08 Nov 2009 07:50:42 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: ChristianPF http://www.consumerismcommentary.com/2008/04/30/capital-one-credit-cards-with-no-balance-transfer-fees/#comment-147414 ChristianPF Thu, 01 May 2008 17:22:23 +0000 http://www.consumerismcommentary.com/?p=3264#comment-147414 @flexo thanks for sharing... These offers with no bal tran fees are hard to find these days... @flexo
thanks for sharing… These offers with no bal tran fees are hard to find these days…

]]> By: shoyu http://www.consumerismcommentary.com/2008/04/30/capital-one-credit-cards-with-no-balance-transfer-fees/#comment-147347 shoyu Thu, 01 May 2008 04:32:42 +0000 http://www.consumerismcommentary.com/?p=3264#comment-147347 I tried the arbitrage game with the Capital One No Hassle Visa Signature Cash card. I did a balance transfer in March. No transfer fee, and the 0 interest rate was supposed to last until September. In mid April, I got a letter from Capital One stating it made a mistake, and the transfer would be charged at the regular interest rate starting June 1. What a hassle. I paid that sucker off last week. I made about $50 in interest in my online HSBC savings account while I had the money from Capital One plus other credit card transfers. I suspect interest rates on savings accounts will drop again in May. I tried the arbitrage game with the Capital One No Hassle Visa Signature Cash card. I did a balance transfer in March. No transfer fee, and the 0 interest rate was supposed to last until September. In mid April, I got a letter from Capital One stating it made a mistake, and the transfer would be charged at the regular interest rate starting June 1. What a hassle.

I paid that sucker off last week. I made about $50 in interest in my online HSBC savings account while I had the money from Capital One plus other credit card transfers.

I suspect interest rates on savings accounts will drop again in May.

]]> By: Flexo http://www.consumerismcommentary.com/2008/04/30/capital-one-credit-cards-with-no-balance-transfer-fees/#comment-147237 Flexo Wed, 30 Apr 2008 15:30:16 +0000 http://www.consumerismcommentary.com/?p=3264#comment-147237 Kevin: I doubt it's as common as it was a few years ago. It's hard to make it worthwhile when interest rates on savings are low. Kevin: I doubt it’s as common as it was a few years ago. It’s hard to make it worthwhile when interest rates on savings are low.

]]> By: Kevin http://www.consumerismcommentary.com/2008/04/30/capital-one-credit-cards-with-no-balance-transfer-fees/#comment-147235 Kevin Wed, 30 Apr 2008 15:00:02 +0000 http://www.consumerismcommentary.com/?p=3264#comment-147235 Are there people still doing the balance transfer arbitrage anymore? I have been wondering how that has been working out lately with the credit crisis we are in. Are there people still doing the balance transfer arbitrage anymore? I have been wondering how that has been working out lately with the credit crisis we are in.

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