Balance Transfer Offer: What Happens to New Purchases?

A promotional transfer rate may not apply to new purchases, and carrying a transferred balance can affect a purchase grace period.

A promotional transfer rate may not apply to new purchases, and carrying a transferred balance can affect a purchase grace period.

A useful next step

Read the offer and card agreement. Consider using a different card for purchases if the terms would otherwise create interest.

Keep the decision grounded

Check the actual account terms and a dated credit report when the issue involves reporting. No tool can guarantee a score, approval, or deletion of accurate information. Keep copies of any agreement or correction.

Explore and verify

Safesky resource: https://calculator.safeskyconsulting.com/ CFPB or FTC guidance: https://www.consumerfinance.gov/consumer-tools/credit-reports-and-scores/how-to-rebuild-your-credit/

This article is general information, not legal or financial advice. Results vary by credit profile.