Balance Transfer Cards 101: Everything You Need to Know – Ask Sebby

by YouTube Team

Learn more about Balance Transfer cards: [ Blog Post ]
📈 Get 2 Free Stocks on WeBull when you deposit $100:
Click “Show More” to see Ad Disclosure
Try Plastiq and get $500 in fee-free dollars after you spend $500 (referral link):
💰 Get $10 in Free Stock:
Keep your cards organized: Filmed on this:

Check out Dumb Money LIVE:

Advertiser Disclosure: Some of the card links and other products that appear on this website are from companies which AskSebby will earn an affiliate commission or referral bonus. AskSebby is part of an affiliate sales network and receives compensation for sending traffic to partner sites, such as CreditCards.com. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site does not include all credit card companies or all available credit card offers.
The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available

#BalanceTransfer

📈 Investing Apps:

Get 2 Free Stocks on WeBull when you deposit $100:
💰 Get $10 in Free Stock:
Invest for Free with M1 Finance:

Frequently asked questions about camera:

Camera Gear:
Camera:
Lav mic:
Recorder:
Bendy Tripod:
You’ll need this for the bendy tripod:
Music I use in videos:

Useful stuff:
🍔 $7 Off your first DoorDash order:
Best headphones for travel:
Monitor:
Card organizer:
Need new luggage? Get $20 off your first Away luggage (referral link):
Promo automatically applied at checkout after you create an account.

Support our channel by shopping on Amazon!


Follow us for updates:
YouTube Subscribe:
Newsletter:
Facebook:
Twitter:
Instagram:
Mandy’s YouTube:
Mandy’s Instagram:

source

Related Articles

Leave a Reply

22 comments

Mr. ME February 12, 2021 - 8:19 pm

Would a personal loan or card balance transfer be better overall? I have found that personal loans are better and quicker to get approved if needed. What are your thoughts?

Reply
wha-where yo mama stay at Vlad? April 5, 2021 - 8:39 pm

"I don't think wells Fargo is doing anything shady" 😆😆😆 wells Fargo creates 2million fake accounts

Reply
Arlett Benitez April 13, 2021 - 12:57 am

I need help I want to open a credit card to maintain my credit score high due to some of my accounts being closed “those accounts that are closing are my student loans” help thanks !

Reply
Nol Sova April 14, 2021 - 9:50 pm

I was going to do this but my credit utilization is over 50%😭😭

Reply
Mitchell Waldrep April 18, 2021 - 12:28 pm

Citi Diamond Preferred is now $5 or 3%, so they reduced the percentage by 2%.

Reply
Lynox Royal April 26, 2021 - 10:09 pm

Can I spend $200 with a credit card, then use another card to pay that credit card to get my initial limit back? Is this still considered a balance transfer?

Reply
Keefe Hurdle April 28, 2021 - 7:03 am

can you transfer a balance that is over your card limit. ex. can i transfer a $4k balance over to a card with a limit of $1k?

Reply
Keefe Hurdle April 28, 2021 - 7:04 am

Can you transfer a balance from another person card to yours?

Reply
Sah June 15, 2021 - 10:17 pm

Is this worth it if you’re only 7k in credit debt? For me it’s alot I’m always below 4K 🤨 shout out covid!! But it’s giving me anxiety, I was thinking going with the citi diamond preferred card. CK thinks I have outstanding chances for approval. But is it worth the 3% they charge 😫

Reply
Sodbileg Batsukh July 8, 2021 - 10:13 pm

The link for the 2 free stocks?

Reply
Wolf Pack Gaming July 21, 2021 - 5:48 pm

What is the difference between a balance transfer and a cash advance?

Reply
Jet Gallo August 12, 2021 - 7:09 am

Can you pay of a personal loan with one bank and use a balance transfer credit card with another bank to pay off the personal loan?

Reply
Otis Craig August 21, 2021 - 6:49 am

If I can pay my credit card off now, should I do it directly through that card, or would a balance fransfer and then paying off quick, be better (to help boost credit score)

Basically, should I balance transfer, if I dont need too? If I already have money to pay card off directly?

Reply
anthony iles August 21, 2021 - 6:40 pm

literally the best breakdown ive seen, step by step and detail by detail, simply amazing

Reply
Brazy Brady August 24, 2021 - 2:26 am

Just want to say.. year to date, SPY has returned over 25% 👀

Reply
Michael Nouri August 27, 2021 - 11:39 pm

Thank you brother! Your advice helped me secure a 20 month 0% apr balance transfer on $9200 balance lol.

Reply
George Magana October 9, 2021 - 12:54 pm

I have a credit card with zero charge on transfers and pays 2 % cash back! Could I technically borrow $5000 a month and pay it off before due date and get $50 back each month?

Reply
Veejay Ermita October 21, 2021 - 8:45 pm

Do you get the introductory points with a balance transfer?

Reply
Ricky Woods Jr October 26, 2021 - 3:54 pm

Hi, I am a complete novice to a balance transfer. Quick question, when a balance transfer happens does that mean that the credit limit with another card will transfer to my current card company in which I have done the balance transfer with?

May be a basic question but I won’t know unless I ask.

Reply
Milton Torres October 27, 2021 - 10:10 am

Greetings, can you transfer balance from another persons credit card to my credit card? Example my dad has $500 that needs to move , do credit card banks allow this?

Reply
Sniper: TAP IN ROGERSFLOYD1998 ON TELEGRAM November 3, 2021 - 11:08 pm

I’m so glad I met a trusted and honest vendor 👆👆after a long time of being screwed, he get me a clone card with balance.

Reply
Marites Taylor November 11, 2021 - 3:55 am

Awesome thanh

Reply