Cashed in bonus points, Now cashing out credit card

I cashed in my bonus points from making a purchase with my Citi AMEX rewards cards. I used the 10,000 points for a $100 JCPenny gift card.

Now I'm thinking of converting the card over to a dividend card (I hate rewards, but I love cash). So if they let me I will stop using my Citi MC Dividends card and switch to the AMEX. That way I can use the higher credit limit on the Master Card and take a 0% balance transfer and put it in the bank. Sounds like a plan to me, I just hope I don't get burned somehow. If anyone has any advcie on balance transfers let me know, I could use it.