How do I transfer Credit One points?

No, Credit One doesn’t do balance transfers at this time. None of its credit cards allow this type of transaction. In general, balance transfers allow you to shift high-interest debt from your current account to another issuer’s credit card. Then, you can pay off the balance, presumably at a reduced interest rate.

Although Credit One does not offer balance transfer credit cards, there are plenty of options from other issuers to choose from.

Notable Balance Transfer Credit...

Balance transfers do hurt your credit when you open a new credit card account to do the transfer. Applying for a balance transfer credit card will generate a hard inquiry on your credit report, causing a slight dip in your credit score.

If you transfer a balance to an existing credit card account, however, there is no hard inquiry and no credit score damage. A balance transfer could still result in high credit utilization, though, and allow you to...

To combine credit cards, start by calling your card issuer to request merging the accounts. Some card issuers also allow you to combine credit cards online. If the card issuer approves the request, you should end up with one credit card with the combined total credit limit of both original cards, as well as their combined outstanding balance. You will have to choose which card you want to keep, though – one of the accounts...