PS: I don’t think you can do a balance transfer directly. However, there are ways around it. Cards from Citibank will allow you to send yourself a check, and there is no fee for your balance transfer. For other cards/banks, there is a fee and you can only send it to another credit card. So what you can do is transfer $ to your citi card, then send yourself a check for that amount.
Lickitysplit: The reason why I suggested the 0% balance transfer is because it will save you $ on interest. Of course the balance transfer would not increase your credit, but having one or more cards being paid on time for a year would. Those additional card(s) will make your credit history longer. The length of your credit history is one factor in determining the score. Like I discussed before, one other factor is the debt to available credit ratio. The lower that number is the better, which will also increase your score. In order to have that ratio low, you would have to have alot of available credit. Only way to do that is to get more credit cards. Remember, this method I’m suggesting assume you pay off your loan w/in the period of that 0% offer. If you don’t, then they would charge you for the interest during that period after the into period is over. So be careful.
