How To Make Money From 0% APR Balance Transfers
(This entry is continued from Part 1.)
3) Getting your money: Some banks such as MBNA, CitiBank, and Chase will allow you to either transfer your balance directly to a checking account or send you a check in the mail. The former is preferred since you’ll be losing potential interest while the check is in the mail and waits to clear.
Update: Citibank cards are by far the easiest to use to turn a balance transfer into cash, because you can request your balance transfer to be sent to you as a check (click for how)!
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