RODNEY BENNETT, Hipster Investor
@rodneyben
You can make a Capital One VentureOne balance transfer when you apply for the card or later after you’ve opened an account, either online or by phone (1 800-227-4825). If you’re transferring a balance using the Capital One website or mobile app, find the “I Want To …” menu near the top of the page. Under “Offers and Upgrades,” select “Transfer a Balance” and click “Select Offer.” Provide the amounts you’d like to transfer and the account numbers for each creditor. If you’re requesting a balance transfer by phone, the customer service representative will walk you through the process. New applicants can choose to transfer a balance if approved for a card. Just click “Yes” on the optional balance transfer question on the application and fill in the required information.
A balance transfer allows you to move existing debt to a different card, preferably at a reduced interest rate. But with VentureOne, this may not be the case. The card does not have an introductory 0% balance transfer APR. That means each balance you transfer will immediately accumulate interest at the VentureOne Card’s regular APR of 15.49% - 25.49% (V). There is no balance transfer fee, though. And VentureOne periodically offers promotional balance transfer APRs to its existing customers, either by mail or online. Terms depend on the cardholder’s credit standing.
If you do a CapitalOne VentureOne balance transfer, continue to make payments to your current creditor(s) until the balance transfer posts to your account. Balance transfers can take from 3 to 14 business days to process (up to 3 weeks for new accounts).
People also ask
Did we answer your question?