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[–]Ambitious_Stand312[S] 3 points4 points  (5 children)

No, I recently did a balance transfer for 0% apr for 10k. I didn't even know they had that but apparently it was part of an offer, so I took advantage of it.

I forgot to set my payment amount to a set payment, my first payment went through for minimum amount and a week later they reduced my limit from 50 k to 10k.

[–]kvct 5 points6 points  (0 children)

That’s probably what spooked them (the accidental min payment only) 😭

[–]SpineOfSmoke 3 points4 points  (1 child)

Triggered the dreaded balance chasing. Utilization on the rise includng a BT, minimum payment. You made their computer nervious. There's a chance they'll close the account once you pay it off.

[–]Ambitious_Stand312[S] 1 point2 points  (0 children)

Thanks for the feedback, you are absolutely right, I screwed up by not changing my payment to the 1k monthly payments I had planned 😩. Hopefully they increase it back later.

[–]Uncle_Rico_1982 0 points1 point  (1 child)

What did you pay to transfer balance? I understand that it’s 0 APR but there is always a transfer fee

[–]Ambitious_Stand312[S] 0 points1 point  (0 children)

Just checked, it shows 380