Nathan Preston, Member
@nathan_preston
The Amex Blue Cash Everyday balance transfer limit is less than your credit limit and not more than $7,500. You should also keep in mind that you cannot request a balance transfer amount less than $100. A balance transfer limit is the maximum amount of debt you can move to a credit card.
Generally, an issuer will consider your credit score, annual income, existing debt, and other factors to determine the maximum amount of your balance transfer. This amount is usually based on a percentage of your credit limit. Unfortunately, you won’t know how much your limit will be until you’re approved for the card.
Blue Cash Everyday® Card from American Express
Blue Cash Everyday® Card from American Express
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People also ask
Do credit cards have balance transfer limits?
Yes, credit cards do have balance transfer limits. The amount that you can transfer to a credit card depends on the credit limit you’re approved for. A balance transfer means using your new credit card to pay off a debt owed on another account, usually a credit card from a different issuer. So, you can generally transfer as much as your available credit – your limit, minus outstanding balances– will allow.
Many card issuers...
read full answer by John S Kiernan, Managing EditorWhat are the best high limit balance transfer credit cards?
One of the best high limit balance transfer credit cards is Chase Freedom Unlimited® because it has a $5,000+ credit limit, and it offers an intro APR of 0% for 15 months on balance transfers (18.74% - 28.24% (V) after that). The card also has a $0 annual fee.
In addition, Chase Freedom Unlimited offers 1.5 - 5% cash back on purchases. However, this card does charge a balance transfer fee: Either $5 or 3% of the amount of each transfer, whichever is greater in the first 60 days (5%, min $5 after).
High Limit Balance Transfer Credit Cards
Transfer Intro APR: 0% for 15 months
Regular APR: 18.74% - 28.24% (V)
Balance Transfer Fee: Either $5 or 3% of the amount of each transfer, whichever is greater in the first 60 days (5%, min $5 after)
Minimum Credit Limit: $500
Initial Bonus: $200 for spending $500 on purchases in the first 3 months
Ongoing Rewards: 5% cash back on travel through Chase Travel, 3% back at restaurants and drugstores, and 1.5% back on all other purchases
Annual Fee: $0
Credit Score: Good
Transfer Intro APR: 0% for 15 billing cycles
Regular APR: 18.99% - 28.99% (V)
Balance Transfer Fee: 3% intro fee ($5 min) for transfers made within the introductory offer, 5% ($5 min) after that
Minimum Credit Limit: $500
Initial Bonus: $200 cash back for spending $1,500 within the first 90 days
Ongoing Rewards: 2% cash back on all purchases
Annual Fee: $0
Credit Score: Good
Transfer Intro APR: 0% for 21 months
Regular APR: 17.74% - 28.49% (V)
Balance Transfer Fee: 3% intro fee ($5 min) for each transfer in first 4 months, and 5% ($5 min) for each transfer after that
Minimum Credit Limit: $500
Initial Bonus: N/A
Ongoing Rewards: N/A
Annual Fee: $0
Credit Score: Good
Transfer Intro APR: 0% for 21 months
Regular APR: 16.74% - 27.49% (V)
Balance Transfer Fee: 5% (min $5)
Minimum Credit Limit: $500
Initial Bonus: N/A
Ongoing Rewards: N/A
Annual Fee: $0
Credit Score: Good
Transfer Intro APR: 0% for 21 months from account opening on qualifying balance transfers
Regular APR: 17.74%, 24.24%, or 28.49% Variable
Balance Transfer Fee: 5% (min $5)
Minimum Credit Limit: $1,000
Initial Bonus: N/A
Ongoing Rewards: N/A
Annual Fee: $0
Credit Score: Good
Transfer Intro APR: 0% for 18 months
Regular APR: 17.74% - 27.74% (V)
Balance Transfer Fee: 3% intro fee ($5 min) for each transfer in first 4 months, after that 5% ($5 min) for each transfer
Minimum Credit Limit: $500
Initial Bonus: $200 for spending $1,500 in the first 6 months
Ongoing Rewards: 2% cash back on every purchase (1% when you buy and 1% as you pay for those purchases), plus 5% total cash back on hotel, car rentals and attractions booked with Citi Travel
Annual Fee: $0
Credit Score: Good
High limit balance transfer credit cards...
read full answer by Marshall Jamieson, WalletHub Finance ConsultantHow do I do a balance transfer on my Amex Blue Cash Everyday card?
You can do a balance transfer with the Amex Blue Cash Everyday card either online or over the phone at (800) 528-4800. Just note that new Amex Blue Cash Everyday cardholders can only request a balance transfer after the physical card has been received in the mail.
Amex Blue Cash Everyday Balance Transfer Details
Amex Blue Cash Everyday balance transfers can take anywhere from 5 days to six weeks to process. In the meantime, continue to make payments on your original debt to avoid any late...
read full answer by Chip Lupo, Credit Card WriterDid we answer your question?
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