Balance Transfer Arbitrage

For balance transfer purposes, the Citi Professional Card has some great features that simply can’t be beat when it comes to the balance transfer arbitrage play.

• No balance transfer fee: Citi offers a lot of 0% balance transfers but some of them have balance transfer fees of 3% with a maximum of $75, but that fee has been waived on this card with this offer.
• 0% on balance transfers AND purchases: The 0% APR on balance transfers is a pre-requisite for a balance transfer arbitrage play but it’s nice that you get 0% APR on purchases as well. This means that you can make purchases and transfer a balance without worrying that a high rate purchase will get blocked by a big balance transfer.
• It’s a “Business card”: The card is designed for business expenses, hence the Professional moniker, which means that they’ll generally give you a higher balance than a regular consumer card.
• It’s a Citi card: Why is this good? Well they have a ridiculously easy balance transfer request process, you can request it online and have it sent to you as a check.

If I was picking my first card for a balance transfer, this card would be it.