Credit Advice

Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!

Question

Posted in Credit Cards
Profile Image

Question By
adamlorber1

0 Contributions
0 People Helped
Can I transfer a credit card balance from my name to someone elses?
A long time ago I opened a credit card in my name. Over time I lent it to my parents, and it has since become one of their most used credit cards. However, it's affecting MY credit.

Is there a way to transfer a card to someone else's name? Or would I transfer the balance onto a totally different card in their name? Not sure the best way to go about this...

Any help is appreciated!
All Responses

Result 1-1 of 1Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
4 Contributions
4 People Helped

You can send anybody or anything funds from a balance transfer that some other card offers you. That is: You can balance transfer from Card B to pay off Card A (the card in your question). You can even transfer from Card B into a Bank Account or a car loan... they are not concerned with where the money goes as long as they get their balance transfer fee and you pay them back.

Result 1-1 of 1Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next

Reply to this Question

Write your response:
Enter Your Comments
 

The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.