The University of Michigan Credit Union is offering up to a $200 bonus for credit card balance transfers until March 31, 2015.
University of Michigan Credit Union membership is open to students, employees, retirees, and alumni of the University of Michigan, Washtenaw Community College, Cleary University, or Concordia University.
Just transfer your existing credit card balance from another financial institution onto a UMCU Visa Platinum OptimUM or Visa Platinum Cash Rewards card to qualify for this offer.
You’ll get a $100 bonus on balance transfers of $2,500 or more.
You’ll get a $200 bonus on balance transfers of $5,000 or more.
Plus, there are no balance transfer fees and no annual fees for these cards.
Check out this unique Balance Transfer Bonus if you qualify for UMCU membership, and you are carrying a balance on another credit card.
The Visa Platinum OptimUM Credit Card has a low rate of 8.99% APR.
The Visa Cash Rewards Credit Card offers a 1.10% annual cash back bonus and a low rate of 12.99% APR.
The offer for the $100 or $200 cash bonus applies during the promotional period of January 1, 2015, through March 31, 2015, for balances transferred from another financial institution with no balance transfer fee.
The $100 or $200 cash bonus will be paid into your savings account at the beginning of the month, 6 months following the promotional end date.
In order to be paid the cash bonus, the transferred balance cannot be transferred to another financial institution until after 6 months.
However, you could always pay off your balance transfer before the 6-month qualification period ends, as there are no restrictions against that.
Your account must be open and active at the time of the bonus.
There is a limit of 1 cash back bonus per member.