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How long does Capital One take to process balance transfers?

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I have just applied and been accepted for the no-fee balance transfer CC with Capital One. They will now send me the agreement which I have to sign and send back to them. However, the bill on my existing CC which is being transferred is due by 6/3. Does anyone have any idea if I have any chance of it all going through by 6/3 - 10 working days? Thanks for any advice.
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