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Can I transfer an account on a credit card with annual fees to a card that doesn’t have annual fees?


Question by Em S: Can I transfer an account on a credit card with annual fees to a card that doesn’t have annual fees?
I’m trying to get a credit card or personal loan. American Express and Chase both refused to give me credit cards with no annual fee. I’m going to ask my bank to give me a loan or credit card. I have a good payment history with them, and I’m close to paying off my car loan. If they deny me, my only other option will be to get a card for people with no credit or bad credit. I need to get my car tagged and pay taxes on it (It’s a newly purchased car.) I found a couple of cards that guarantee approval. But they have annual fees, been set-up fees, and yearly monthly service fees…If I get one of those cards through a major company, like Mastercard, would I be able to eventually transfer the balance or account to a different card without annual fees?

Best answer:

Answer by Lys C
If you have a good enought FICO you may be able to eventually convert the card over.



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Posted January 1st, 2012 in Guaranteed Approval Credit Card Comments Off

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