I used the balance transfer before where I paid off some credit cards... at that time the credit card company transferred money into two other credit cards directly.. in essence they made payments directly to the other two credit cards. get cash only from direct lenders balance transfer from credit cards is now so easy.

There is a way to save oneself from financial crisis. In cases of emergencies I always use bad credit loans online . It is helpful and reliable. You might try saving in advance and do it for a long time, but bear in mind that such services are much more effective and fast. It proves to be an effective tool in solving such kinds of problems. You can contact your pay day lender if you can't repay your loan on time and negotiate about the loan extension.

Got to see first hand tonight the risk of decline if the following is not completed PRIOR to payment being processed to your old beaten up card, or receiving the actual plastic to your new "0%" interest balance transfer card. Boy was that a laugh watching one dude pretty much beg his buddy for cash to cover his tab. LOL!! This, too, was after the declined bugger was insisting on ordering the last of the night's beers.

Gosh, I honestly thought dumb enough events like that only happened on tv! Humm, wonder if other Gov't cities around the world encounter the same problem? Even though I was consuming tea all night, I still wasn't quick enough to suggest calling his credit card company up and asking them to raise the debt ceiling - another chap at the pub suggested he do this and then boy did we get to hear a wild laugh!

Who says you can't have fun without alcohol at the pub!

The Bank of Montreal or BMO Financial Group, is the fourth largest bank in Canada by deposits. The Bank of Montreal was founded in 1817 in Montreal, making it Canada's oldest bank.

I would like the BMO credit card company to just deposit the money into my account. Is this possible?

Maybe, but just exercise caution if they ask you to cash advance the card, then deposit the funds into your account. The reason I say this is, if you look at the interest rates, cash advance rates are typically higher then rates on purchases.

O.C.

I have a question about balance transfers... I'm not sure if you can answer it ..

Can BMO Mastercard transfer money into my bank account so that I can pay off some of my other debts?

I used the balance transfer before where I paid off some credit cards... at that time the credit card company transferred money into two other credit cards directly.. in essence they made payments directly to the other two credit cards..

This time I would like to pay off my credit cards, the brick, sears, and my cell phone...

I would like the BMO credit card company to just deposit the money into my account. Is this possible?

A credit card balance transfer is the transfer of the balance in a credit card account to an account held at another credit card company. This process is actively encouraged by almost all credit card issuers as a means to attract new customers.

Jean Karla,
Are there any items in the news about the credit crunch and credit cards in Canada.

I am wondering if balance transfer credit cards have been in the news at all lately?

When the economic decline took place, a lot of Canadians are undergoing problems in paying off their credit card debt. In trying to benefit from on this situation, companies are presenting new balance transfer credit cards that have low introductory rates.

This could appear as an excellent idea as balance transfer credit cards can acquire the amount you are indebted on another credit card having the usual 20% interest. However, if you transfer your balance with them, it may only have 6% interest. If you look closely on it, there are several reasons to be careful when you make a credit card balance transfers.

Read more about this: http://www.cma1.ca/663

I am thinking which balance transfer credit card is offering the lowest interest rate? How long usually will the 0% introductory rate lasts?