Abstract: Systems and methods consistent with the present invention manage balance transfer accounts associated with customer pre-existing debt accounts. The system first creates a balance transfer account for the customer, which may include opening the balance transfer account to allow the customer to activate it. The method then determines whether a payment to the balance transfer account received from the customer meets a payment threshold criteria. If the received payment meets the payment threshold criteria, then a credit bureau is notified of the balance transfer account and the balance transfer account remains open. If the received payment does not meet the payment threshold criteria, then the balance transfer account is closed without notification to the credit bureau.