Business credit card balance transfer recommendations, information below
Hi everyone,
I have a Chase Ink Unlimited with a 13k balance coming up due on Nov 7, my interest rate on that balance will be around 17.99% my main goal isnt to pay interest at all so I wanted to shop around and get some cards to roll over into a balance transfer to avoid interest.
Business has been slow these last few months which I average between 8-12k /m but these last 2 have been in the lower 3-5k (seasonal based business)
I opened another Chase Business card (Business Cash) in September and my 1st Amex Business card in June ( Blue Business Plus).
I mainly opened the new Chase card thinking I can do a balance transfer from Chase to Chase but unfortunately you cannot…. Silly me.
Current card Lines:
Ink Unlimited : 12.9k used out of 20,500 Ink Cash : 3.4k used out of 4k (0% Apr , plan on credit limit transfer once paid off Unlimited) Amex BBP : 7.1k used out of 5k Limit , 2.1k due on Nov 16th (Utilized increased buying power for marketing - went south :c )
I’m planning on opening another card for the balance transfer of the Ink Unlimited (Citi card?) to alleviate some stress on the business and wait till jobs pick back up.
What are your thoughts? Thanks guys