Print out and save this page to ensure a smooth transition from one credit card to another. If you prefer, Bankrate also provides a .pdf version of this checklist. First, gather some information on your old card. Dig out your most recent bill and a copy of the current agreement with the old credit card, plus the agreement with the new card company.Old cardInfoToll-free customer service number(8___)_____-_______Account #__________________ Balance$__________APR____ %Grace period____ daysDue Date___/___/______ New cardInfoToll-free customer service number(8___)_____-_______Account #__________________ Balance$__________Introductory APR___ %Date intro rate expires___/___/______Date balance transfer APR expires___/___/______Fees for balance transfer$__________Annual fee$__________Grace period____ daysDue Date___/___/______Print out the form now.Now that you have the necessary information, you're ready to make the transfer. Follow these steps in order, checking them off one at a time. Credit card account close-out procedureSend minimum payment to old company by due date.Sign up for new card.Complete balance transfer form.While balance is pending, continue to make minimum payments by due date to old card.Receive notice of balance transfer to new company.Call old company to verify balance transfer.Receive billing statement with zero balance from old card company.Close old account by calling or writing the issuer. Ask the issuer to note in any statement to a credit bureau that the account was closed at the customer's request. advertisementRelated Links:Readers would dump cardsAnnual fees return?Credit card ratesRelated Articles:Credit card law changesCurrency conversion feesCredit card rates
Print out and save this page to ensure a smooth transition from one credit card to another. If you prefer, Bankrate also provides a .pdf version of this checklist.
First, gather some information on your old card. Dig out your most recent bill and a copy of the current agreement with the old credit card, plus the agreement with the new card company.
Print out the form now.
Now that you have the necessary information, you're ready to make the transfer. Follow these steps in order, checking them off one at a time.
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