This morning I received a new balance transfer offer from Citi. This latest offer includes a 1.99% interest for 1 year and only a 3% balance transfer fee:
It appears that the transfer options have changed, it looks like you can't get the cash and use it anyway way you want. It was nice in the past to be able to have the cash right away using direct deposit and use it however you wanted.
1.99% with a 3% transfer fee is not bad deal if you desperately need to reduce your credit card balance rate. If your card is charging you 23% interest on a 8,000 dollar balance, this deal might come in handy for you.
3 hours ago