Each credit card company has its own policies about the types of debt that you can transfer to its credit cards. For example, you can only transfer credit card debt to a Chase credit card. But nine major issuers – including Bank of America, Barclaycard and Citi – allow you to transfer any type of debt, according to WalletHub research. That includes auto loans, student loans, mortgages, payday loan, etc.
All major credit card companies have at least one restriction in common, however: You can’t transfer a balance from one credit card to another card from the same issuer. Allowing the practice wouldn’t make much sense for the credit card companies. They wouldn’t get any new business out of the transaction. Rather, they’d just be allowing existing customers to refinance their credit card debt.
Finally, it’s worth noting that just because you can transfer a certain type of debt doesn’t mean you should. It’s best to transfer only what you can afford to repay during a card’s 0% intro period. Balance transfer credit cards tend to have high regular APRs, and another 0% transfer card won’t always be there to bail you out.