“HELP! My credit card did a balance transfer to pay off my other card but they sent the funds to a wrong bank?”

1. June 1st, 2010 at 12:28 pm mobilemark Says:

   your question is a bit confuseing

   you said
   HELP! My credit card did a balance transfer to pay off my other card but they sent the funds to a wrong bank?

   How can I get the bank to return the money to my Chase credit card? The balance transfer already posted to my Chase credit card…so now i am stuck with a new balance. HELP!!!
   do you mean you have a bigger balance on your credit card?
   or lower balance?
   how do you know it went to the wrong bank
   who place the transfer?

   
   
2. June 1st, 2010 at 1:10 pm felix hallam Says:

   The first thing to look out, when a person wants to transfer his balances is a credit card which offers the lowest apr rates and lowest balance transfer fees. Many online credit card companies offer credit card comparisons. It is indeed a good practice to search for the credit cards using their services and decide on a credit card which offers the maximum savings. It is important to note here that balance transfer APRs depend on a person’s credit history. If the credit card in question offers the lowest rates, it is definitely for those with the best credit ratings. There are different balance transfer apr’s for people with lower credit ratings. So, it becomes imperative that one chooses the credit card which offers the lowest apr and balance transfer fees for his credit ratings.

   When you decide for a balance transfer it doesn’t mean that your obligation for payments towards your outstanding balances with the existing credit card company cease to exist. You will have to pay the credit card company all the monthly payments. One way you can save money is to just send the monthly minimum payments to the existing credit card company. This way you won’t default and invite penalty.

   The next step is to sign up with the credit card which you sought for transferring your balances, and fill up the balance transfer application. Read more from: http://www.credit-card-gallery.com/article/414,The_right_way_to_credit_card_balance_transfers

   
   
3. June 1st, 2010 at 1:16 pm Kirt C Says:

   well i work for chase credit card services, and if you need to get the funds back to your chase card you will need to do a few things you need to call chase and tell then that the transfer wasn’t yours! this may involve a mgr. sometimes reps. may not want to do this for you. but if you say that the transfer was not yours and you never wanted it done….. you can dispute the transaction and it will be reversed…… as well as the transfer fee…. be patient it will take a few days maybe a week ….but again say it was not you transfer!!! good luck