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LendingTree is compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace. | Advertising Disclosure LendingTree is an advertising-supported comparison service. The site features products from our partners as well as institutions which are not advertising partners. While we make an effort to include the best deals available to the general public, we make no warranty that such information represents all available products. | American Express Disclosure Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more. LendingTree is compensated by companies on this site and this compensation may impact how and where offers appears on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace. LendingTree is an advertising-supported comparison service. The site features products from our partners as well as institutions which are not advertising partners. While we make an effort to include the best deals available to the general public, we make no warranty that such information represents all available products. Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more. On This PageWells Fargo Reflect® CardIt offers one of the longest intro APR periods for both purchases and balance transfers, giving you plenty of breathing room to pay down debt interest-free. It also charges a reasonable balance transfer fee.
If you have a large amount of high-interest credit card debt, a balance transfer credit card with a 0% intro APR for a year or longer can help you save money while paying down your balance faster. That’s because balance transfer credit cards allow 100% of your monthly payment to go to the principal balance instead of the balance plus interest charges during the intro APR period. Based on the cards available on LendingTree, as well as the top cards offered by major issuers, here are our picks for the best balance transfer credit cards for the following categories:  Wells Fargo Reflect® CardWells Fargo Reflect® CardIntroductory APR 0% intro APR up to 21 months from account opening Annual Fee $0 Regular Purchase APR 15.99% - 27.99% variable APR
Intro APR on balance transfers: 0% intro APR up to 21 months from account opening , then 15.99% - 27.99% variable APR Balance transfer fee: 3% for 120 days from account opening, then up to 5%; min: $5 Why we picked this card: If you need a long intro APR period to pay off debt transferred from another card or finance a big purchase over time, the Wells Fargo Reflect® Card offers one of the longest intro APR periods currently available on balance transfers. Cardholders receive a 0% intro APR up to 21 months from account opening on qualifying balance transfers on balance transfers. After that, a 15.99% - 27.99% variable APR applies. If you need a year and a half or longer to pay off a transferred balance, the Wells Fargo Reflect® Card could be a good fit. The card offers an interest-free period on balance transfer for 18 months, as well as an intro APR extension of up to three months with on-time minimum payments during the introductory period and extension periods. The Wells Fargo Reflect® Card also offers a 0% intro APR up to 21 months from account opening on purchases, then a 15.99% - 27.99% variable APR. Although the card comes with a $0 annual fee, it does charge a balance transfer fee of 3% for 120 days from account opening, then up to 5%; min: $5.
Intro APR on balance transfers: 0% intro APR up to 21 months from account opening , then 15.99% - 27.99% variable APR Balance transfer fee: 3% for 120 days from account opening, then up to 5%; min: $5 Why we picked this card: If you need a long intro APR period to pay off debt transferred from another card or finance a big purchase over time, the Wells Fargo Reflect® Card offers one of the longest intro APR periods currently available on balance transfers. Cardholders receive a 0% intro APR up to 21 months from account opening on qualifying balance transfers on balance transfers. After that, a 15.99% - 27.99% variable APR applies. If you need a year and a half or longer to pay off a transferred balance, the Wells Fargo Reflect® Card could be a good fit. The card offers an interest-free period on balance transfer for 18 months, as well as an intro APR extension of up to three months with on-time minimum payments during the introductory period and extension periods. The Wells Fargo Reflect® Card also offers a 0% intro APR up to 21 months from account opening on purchases, then a 15.99% - 27.99% variable APR. Although the card comes with a $0 annual fee, it does charge a balance transfer fee of 3% for 120 days from account opening, then up to 5%; min: $5.
Citi® Diamond Preferred® CardCiti® Diamond Preferred® CardIntroductory APR 0% for 12 months on Purchases Annual Fee $0 Regular Purchase APR 15.99% - 26.74% (Variable)
Intro APR on balance transfers: 0% for 21 months on Balance Transfers, then 15.99% - 26.74% (variable) APR Balance transfer fee: Balance transfer fee applies with this offer 5% of each balance transfer; $5 minimum. Why we picked this card: While the majority of balance transfer cards come with a balance transfer window — the amount of time you have to take advantage of the card’s intro APR on balance transfers — of 60 days from the date of opening your account, the Citi® Diamond Preferred® Card has a four month window. Additionally, the card offers an intro APR on balance transfers for close to two years. If you don’t plan on initiating a balance transfer right away, the Citi® Diamond Preferred® Card may be ideal. Along with offering an intro APR of 0% for 21 months on Balance Transfers, then an APR of 15.99% - 26.74% (Variable), the card comes with a four-month balance transfer window. Additionally, the Citi® Diamond Preferred® Card comes with a $0 annual fee and an intro APR of 0% for 12 months on Purchases, then 15.99% - 26.74% (Variable) APR. This card does not offer a rewards program, and a balance transfer fee of balance transfer fee applies with this offer 5% of each balance transfer; $5 minimum.
Intro APR on balance transfers: 0% for 21 months on Balance Transfers, then 15.99% - 26.74% (variable) APR Balance transfer fee: Balance transfer fee applies with this offer 5% of each balance transfer; $5 minimum. Why we picked this card: While the majority of balance transfer cards come with a balance transfer window — the amount of time you have to take advantage of the card’s intro APR on balance transfers — of 60 days from the date of opening your account, the Citi® Diamond Preferred® Card has a four month window. Additionally, the card offers an intro APR on balance transfers for close to two years. If you don’t plan on initiating a balance transfer right away, the Citi® Diamond Preferred® Card may be ideal. Along with offering an intro APR of 0% for 21 months on Balance Transfers, then an APR of 15.99% - 26.74% (Variable), the card comes with a four-month balance transfer window. Additionally, the Citi® Diamond Preferred® Card comes with a $0 annual fee and an intro APR of 0% for 12 months on Purchases, then 15.99% - 26.74% (Variable) APR. This card does not offer a rewards program, and a balance transfer fee of balance transfer fee applies with this offer 5% of each balance transfer; $5 minimum.
Citi Simplicity® CardCiti Simplicity® CardIntroductory APR 0% for 12 months on Purchases Annual Fee $0 Regular Purchase APR 16.99% - 27.74% (Variable)
Intro APR on balance transfers: 0% for 21 months on Balance Transfers, then 16.99% - 27.74% (Variable) APR Balance transfer fee: There is an intro balance transfer fee of 3% of each transfer (minimum $5) completed within the first 4 months of account opening. Then a balance transfer fee applies with this offer 5% of each balance transfer; $5 minimum. Why we picked this card: With most credit cards, if you miss a payment, you could be subject to late fees and a higher APR (a penalty rate). However, the Citi Simplicity® Card has no late fees or penalty APR, providing cardholders a little extra peace of mind. Still, you should always make an effort to pay on time, as late payments will damage your credit score. You always want to pay your credit card on time — doing so will help you build good credit and make life easier, if down the road you need to apply for other credit cards or financial products (like car loans and mortgages). However, if you want peace of mind that your card won’t charge you a late fee or increase your APR in the event you do miss a payment, you’ll appreciate the Citi Simplicity® Card. Plus, the $0 annual fee card offers an intro APR of 0% for 21 months on Balance Transfers, then a 16.99% - 27.74% (Variable) APR applies. A there is an intro balance transfer fee of 3% of each transfer (minimum $5) completed within the first 4 months of account opening. Then a balance transfer fee applies with this offer 5% of each balance transfer; $5 minimum.. There is also an intro APR of 0% for 12 months on Purchases, then a 16.99% - 27.74% (Variable) APR applies.
Intro APR on balance transfers: 0% for 21 months on Balance Transfers, then 16.99% - 27.74% (Variable) APR Balance transfer fee: There is an intro balance transfer fee of 3% of each transfer (minimum $5) completed within the first 4 months of account opening. Then a balance transfer fee applies with this offer 5% of each balance transfer; $5 minimum. Why we picked this card: With most credit cards, if you miss a payment, you could be subject to late fees and a higher APR (a penalty rate). However, the Citi Simplicity® Card has no late fees or penalty APR, providing cardholders a little extra peace of mind. Still, you should always make an effort to pay on time, as late payments will damage your credit score. You always want to pay your credit card on time — doing so will help you build good credit and make life easier, if down the road you need to apply for other credit cards or financial products (like car loans and mortgages). However, if you want peace of mind that your card won’t charge you a late fee or increase your APR in the event you do miss a payment, you’ll appreciate the Citi Simplicity® Card. Plus, the $0 annual fee card offers an intro APR of 0% for 21 months on Balance Transfers, then a 16.99% - 27.74% (Variable) APR applies. A there is an intro balance transfer fee of 3% of each transfer (minimum $5) completed within the first 4 months of account opening. Then a balance transfer fee applies with this offer 5% of each balance transfer; $5 minimum.. There is also an intro APR of 0% for 12 months on Purchases, then a 16.99% - 27.74% (Variable) APR applies.
U.S. Bank Visa® Platinum CardU.S. Bank Visa® Platinum CardIntroductory APR 0% intro APR for 18 billing cycles on Purchases Annual Fee $0 Regular Purchase APR 17.49% - 27.49% (Variable)
Intro APR on balance transfers: 0% intro APR for 18 billing cycles on Balance Transfers, 17.49% - 27.49% (Variable) APR Balance transfer fee: Either 3% of the amount of each transfer or $5 minimum, whichever is greater Why we picked this card: Along with offering a lengthy intro APR on balance transfers, the U.S. Bank Visa® Platinum Card lets cardholders choose their own payment due date. The card also has a $0 annual fee and reasonable balance transfer fee. If you want the flexibility to choose a payment due date that fits your schedule, the U.S. Bank Visa® Platinum Card could be a good fit. Note, when selecting your payment due date, not all dates may be available. Along with a 0% intro APR for 18 billing cycles on Balance Transfers, then 17.49% - 27.49% (Variable) APR, the card comes with a 0% intro APR for 18 billing cycles on Purchases, then 17.49% - 27.49% (Variable) APR. There is a balance transfer fee of either 3% of the amount of each transfer or $5 minimum, whichever is greater. Additionally, this card does not offer a rewards program.
Intro APR on balance transfers: 0% intro APR for 18 billing cycles on Balance Transfers, 17.49% - 27.49% (Variable) APR Balance transfer fee: Either 3% of the amount of each transfer or $5 minimum, whichever is greater Why we picked this card: Along with offering a lengthy intro APR on balance transfers, the U.S. Bank Visa® Platinum Card lets cardholders choose their own payment due date. The card also has a $0 annual fee and reasonable balance transfer fee. If you want the flexibility to choose a payment due date that fits your schedule, the U.S. Bank Visa® Platinum Card could be a good fit. Note, when selecting your payment due date, not all dates may be available. Along with a 0% intro APR for 18 billing cycles on Balance Transfers, then 17.49% - 27.49% (Variable) APR, the card comes with a 0% intro APR for 18 billing cycles on Purchases, then 17.49% - 27.49% (Variable) APR. There is a balance transfer fee of either 3% of the amount of each transfer or $5 minimum, whichever is greater. Additionally, this card does not offer a rewards program.
BankAmericard® credit cardBankAmericard® credit cardIntroductory APR 0% Intro APR for 21 billing cycles for purchases Annual Fee $0 Regular Purchase APR 14.99% - 24.99% Variable APR
Intro APR on balance transfers: 0% Intro APR for 21 billing cycles for any balance transfers made in the first 60 days, then 14.99% - 24.99% Variable APR on balance transfers Balance transfer fee: Either $10 or 3% of the amount of each transaction, whichever is greater. Why we picked this card: While we recommend paying your transferred balance in full before the introductory period ends to avoid incurring interest charges, that may not always be possible. If you think you’ll still have a balance past the intro APR period, doing so on a card with a low ongoing APR, like the BankAmericard® credit card, is ideal. If you don’t think you’ll be able to pay off the total transferred amount during the intro APR period, the BankAmericard® credit card may be ideal — especially if you can qualify for the low end of the interest rate. The card offers a 0% Intro APR for 21 billing cycles for any balance transfers made in the first 60 days. After that, a 14.99% - 24.99% Variable APR on balance transfers applies. The card also has a 0% Intro APR for 21 billing cycles for purchases, then a 14.99% - 24.99% Variable APR applies. Just know, the $0 annual fee card doesn’t offer rewards for the purchases you make. There is also a balance transfer fee of either $10 or 3% of the amount of each transaction, whichever is greater.
Intro APR on balance transfers: 0% Intro APR for 21 billing cycles for any balance transfers made in the first 60 days, then 14.99% - 24.99% Variable APR on balance transfers Balance transfer fee: Either $10 or 3% of the amount of each transaction, whichever is greater. Why we picked this card: While we recommend paying your transferred balance in full before the introductory period ends to avoid incurring interest charges, that may not always be possible. If you think you’ll still have a balance past the intro APR period, doing so on a card with a low ongoing APR, like the BankAmericard® credit card, is ideal. If you don’t think you’ll be able to pay off the total transferred amount during the intro APR period, the BankAmericard® credit card may be ideal — especially if you can qualify for the low end of the interest rate. The card offers a 0% Intro APR for 21 billing cycles for any balance transfers made in the first 60 days. After that, a 14.99% - 24.99% Variable APR on balance transfers applies. The card also has a 0% Intro APR for 21 billing cycles for purchases, then a 14.99% - 24.99% Variable APR applies. Just know, the $0 annual fee card doesn’t offer rewards for the purchases you make. There is also a balance transfer fee of either $10 or 3% of the amount of each transaction, whichever is greater.
Discover it® Balance TransferDiscover it® Balance TransferIntroductory APR 0% Intro APR for 6 months Annual Fee $0 Regular Purchase APR 14.99% - 25.99% Variable APR
Intro APR on balance transfers: 0% Intro APR for 18 months, then 14.99% - 25.99% Variable APR Balance transfer fee: 3% intro balance transfer fee, up to 5% fee on future balance transfers (see terms)* Why we picked this card: Discover it® Balance Transfer holders earn 5% cash back on everyday purchases at different places each quarter like Amazon.com, grocery stores, restaurants, gas stations and when you pay using PayPal, up to the quarterly maximum when you activate. Plus, earn unlimited 1% cash back on all other purchases – automatically. The card also offers the following sign-up bonus: Unlimited Cashback Match – only from Discover. Discover will automatically match all the cash back you’ve earned at the end of your first year! There’s no minimum spending or maximum rewards. You could turn $150 cash back into $300. If you want to earn a generous amount of cash back in popular categories that rotate each quarter from a balance transfer card, the Discover it® Balance Transfer is a good option. But keep in mind, we generally recommend avoiding new spending on a balance transfer credit card until you’ve paid off your transferred debt in full. That way, you can focus on getting out of debt, rather than adding to it. Once you’ve paid in full, you can begin using the Discover it® Balance Transfer for everyday expenses. The Discover it® Balance Transfer offers a 0% Intro APR for 18 months on balance transfers. After that, a 14.99% - 25.99% Variable APR applies. There is a 3% intro balance transfer fee, up to 5% fee on future balance transfers (see terms)* . Additionally, the $0 annual fee card comes with a 0% Intro APR for 6 months, then a 14.99% - 25.99% Variable APR applies.
Intro APR on balance transfers: 0% Intro APR for 18 months, then 14.99% - 25.99% Variable APR Balance transfer fee: 3% intro balance transfer fee, up to 5% fee on future balance transfers (see terms)* Why we picked this card: Discover it® Balance Transfer holders earn 5% cash back on everyday purchases at different places each quarter like Amazon.com, grocery stores, restaurants, gas stations and when you pay using PayPal, up to the quarterly maximum when you activate. Plus, earn unlimited 1% cash back on all other purchases – automatically. The card also offers the following sign-up bonus: Unlimited Cashback Match – only from Discover. Discover will automatically match all the cash back you’ve earned at the end of your first year! There’s no minimum spending or maximum rewards. You could turn $150 cash back into $300. If you want to earn a generous amount of cash back in popular categories that rotate each quarter from a balance transfer card, the Discover it® Balance Transfer is a good option. But keep in mind, we generally recommend avoiding new spending on a balance transfer credit card until you’ve paid off your transferred debt in full. That way, you can focus on getting out of debt, rather than adding to it. Once you’ve paid in full, you can begin using the Discover it® Balance Transfer for everyday expenses. The Discover it® Balance Transfer offers a 0% Intro APR for 18 months on balance transfers. After that, a 14.99% - 25.99% Variable APR applies. There is a 3% intro balance transfer fee, up to 5% fee on future balance transfers (see terms)* . Additionally, the $0 annual fee card comes with a 0% Intro APR for 6 months, then a 14.99% - 25.99% Variable APR applies.
Chase Slate Edge℠Chase Slate Edge℠Introductory APR 0% Intro APR on Purchases for 18 months. Annual Fee $0 Regular Purchase APR 17.24% - 25.99% Variable
Intro APR on balance transfers: 0% Intro APR on Balance Transfers for 18 months. Then a 17.24% - 25.99% Variable APR Balance transfer fee: Either $5 or 3% of the amount of each transfer, whichever is greater in the first 60 days. After, either $5 or 5% of the amount of each transfer, whichever is greater. Why we picked this card: Along with a solid intro APR on balance transfers, the Chase Slate Edge℠ provides the opportunity to lower your regular interest rate from its initial rate. Additionally, new cardholders receive an automatic review for a higher credit limit when you pay on time and spend $500 in your first six months. If you’re looking for a balance transfer card that offers the opportunity to reduce your APR, the Chase Slate Edge℠ can be a great option. The card offers a 0% Intro APR on Balance Transfers for 18 months. After that, a regular APR of 17.24% - 25.99% Variable applies. When you pay on time and spend $1,000 on your card in an account anniversary year, you’ll be automatically considered for an APR reduction of 2%. Note that the lowest your APR can go is the Prime Rate plus 9.74%, and your final APR reduction could be less than 2%. This card charges a balance transfer fee of either $5 or 3% of the amount of each transfer, whichever is greater in the first 60 days. After, either $5 or 5% of the amount of each transfer, whichever is greater. The Chase Slate Edge℠ also offers a 0% Intro APR on Purchases for 18 months. After that, a 17.24% - 25.99% Variable APR applies.
Intro APR on balance transfers: 0% Intro APR on Balance Transfers for 18 months. Then a 17.24% - 25.99% Variable APR Balance transfer fee: Either $5 or 3% of the amount of each transfer, whichever is greater in the first 60 days. After, either $5 or 5% of the amount of each transfer, whichever is greater. Why we picked this card: Along with a solid intro APR on balance transfers, the Chase Slate Edge℠ provides the opportunity to lower your regular interest rate from its initial rate. Additionally, new cardholders receive an automatic review for a higher credit limit when you pay on time and spend $500 in your first six months. If you’re looking for a balance transfer card that offers the opportunity to reduce your APR, the Chase Slate Edge℠ can be a great option. The card offers a 0% Intro APR on Balance Transfers for 18 months. After that, a regular APR of 17.24% - 25.99% Variable applies. When you pay on time and spend $1,000 on your card in an account anniversary year, you’ll be automatically considered for an APR reduction of 2%. Note that the lowest your APR can go is the Prime Rate plus 9.74%, and your final APR reduction could be less than 2%. This card charges a balance transfer fee of either $5 or 3% of the amount of each transfer, whichever is greater in the first 60 days. After, either $5 or 5% of the amount of each transfer, whichever is greater. The Chase Slate Edge℠ also offers a 0% Intro APR on Purchases for 18 months. After that, a 17.24% - 25.99% Variable APR applies.
Citi® Double Cash CardCiti® Double Cash CardIntroductory APR N/A Annual Fee $0 Regular Purchase APR 16.99% - 26.99% (Variable)
Intro APR on balance transfers: 0% for 18 months on Balance Transfers, then 16.99% - 26.99% (Variable) Balance transfer fee: There is an intro balance transfer fee of 3% of each transfer (minimum $5) completed within the first 4 months of account opening. A balance transfer fee of 5% of each transfer ($5 minimum) applies if completed after 4 months of account opening. Why we picked this card: The Citi® Double Cash Card comes with a lengthy intro APR period on balance transfers, as well as a great flat-rate cash back program. Cardholders earn 2% on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases. If you want a card you can keep around after paying off your transferred balance, the Citi® Double Cash Card is a good choice. Cardholders earn 2% on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases. Just be aware you have to make at least the minimum payment on time to receive the second half of your cash back. The card charges a $0 annual fee and offers an intro APR of 0% for 18 months on Balance Transfers. After that, a 16.99% - 26.99% (Variable) APR applies. Additionally, there is an intro balance transfer fee of 3% of each transfer (minimum $5) completed within the first 4 months of account opening. A balance transfer fee of 5% of each transfer ($5 minimum) applies if completed after 4 months of account opening.
Intro APR on balance transfers: 0% for 18 months on Balance Transfers, then 16.99% - 26.99% (Variable) Balance transfer fee: There is an intro balance transfer fee of 3% of each transfer (minimum $5) completed within the first 4 months of account opening. A balance transfer fee of 5% of each transfer ($5 minimum) applies if completed after 4 months of account opening. Why we picked this card: The Citi® Double Cash Card comes with a lengthy intro APR period on balance transfers, as well as a great flat-rate cash back program. Cardholders earn 2% on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases. If you want a card you can keep around after paying off your transferred balance, the Citi® Double Cash Card is a good choice. Cardholders earn 2% on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases. Just be aware you have to make at least the minimum payment on time to receive the second half of your cash back. The card charges a $0 annual fee and offers an intro APR of 0% for 18 months on Balance Transfers. After that, a 16.99% - 26.99% (Variable) APR applies. Additionally, there is an intro balance transfer fee of 3% of each transfer (minimum $5) completed within the first 4 months of account opening. A balance transfer fee of 5% of each transfer ($5 minimum) applies if completed after 4 months of account opening.
Choice Rewards World Mastercard®Choice Rewards World Mastercard®Introductory APR N/A Annual Fee $0 Regular Purchase APR 10.50% - 18.00% (variable)
Intro APR on balance transfers: 0.00% APR for 12 billing cycles on balances transferred in the first 90 days after the card is opened. After 12 billing cycles regular purchase APR of 10.50% - 18.00% applies to transferred balances., then 10.50% - 18.00% (variable) Balance transfer fee: $0 Why we picked this card: Unlike the majority of balance transfer credit cards that charge balance transfer fees of 3% to 5% of the amount of each transaction, the Choice Rewards World Mastercard® charges a $0 balance transfer fee. This can potentially save you hundreds of dollars in fees when transferring a large balance to the card. If you want to transfer existing credit card debt to a card with a lower interest rate and no balance transfer fee, the Choice Rewards World Mastercard® is a good option. In addition to a $0 balance transfer fee and an intro APR on balance transfers for a year, the card has a low ongoing APR of 10.50% - 18.00% (variable). The card also offers 2 points per $1 spent on groceries, gas, electronics, medical, household goods and telecommunications, and 1 point per $1 spent on everything else. Plus, 20,000 bonus points for spending at least $3,000 in first 60 days. Just know, since First Tech FCU is a credit union, membership is required. If you don’t qualify for membership, you can become a member by either joining the Financial Fitness Association for $8 or the Computer History Museum for $15.
Intro APR on balance transfers: 0.00% APR for 12 billing cycles on balances transferred in the first 90 days after the card is opened. After 12 billing cycles regular purchase APR of 10.50% - 18.00% applies to transferred balances., then 10.50% - 18.00% (variable) Balance transfer fee: $0 Why we picked this card: Unlike the majority of balance transfer credit cards that charge balance transfer fees of 3% to 5% of the amount of each transaction, the Choice Rewards World Mastercard® charges a $0 balance transfer fee. This can potentially save you hundreds of dollars in fees when transferring a large balance to the card. If you want to transfer existing credit card debt to a card with a lower interest rate and no balance transfer fee, the Choice Rewards World Mastercard® is a good option. In addition to a $0 balance transfer fee and an intro APR on balance transfers for a year, the card has a low ongoing APR of 10.50% - 18.00% (variable). The card also offers 2 points per $1 spent on groceries, gas, electronics, medical, household goods and telecommunications, and 1 point per $1 spent on everything else. Plus, 20,000 bonus points for spending at least $3,000 in first 60 days. Just know, since First Tech FCU is a credit union, membership is required. If you don’t qualify for membership, you can become a member by either joining the Financial Fitness Association for $8 or the Computer History Museum for $15.
The information related to the Choice Rewards World Mastercard® has been collected by LendingTree and has not been reviewed or provided by the issuer of this card prior to publication. Terms apply. Discover it® Student Cash BackDiscover it® Student Cash BackIntroductory APR 0% Intro APR for 6 months on purchases Annual Fee $0 Regular Purchase APR 15.99% - 24.99% Variable APR
Intro APR on balance transfers: 10.99% Intro APR for 6 months, the 15.99% - 24.99% Variable APR Balance transfer fee: 3% intro balance transfer fee, up to 5% fee on future balance transfers (see terms)* Why we picked this card: The Discover it® Student Cash Back is one of the few credit cards designed for those with fair credit that offers an intro APR on balance transfers. If you are a student with fair/limited credit who wants to transfer your existing credit card debt to a card with a lower interest rate, the Discover it® Student Cash Back is a solid choice. Along with offering a 10.99% Intro APR for 6 months on balance transfers, then a 15.99% - 24.99% Variable APR, the card charges a $0 annual fee. The card also offers a 0% Intro APR for 6 months on purchases, then a 15.99% - 24.99% Variable APR. Discover it® Student Cash Back cardholders earn 5% cash back on everyday purchases at different places each quarter like Amazon.com, grocery stores, restaurants, gas stations and when you pay using PayPal, up to the quarterly maximum when you activate. Plus, earn unlimited 1% cash back on all other purchases – automatically. The card also offers the following sign-up bonus: Unlimited Cashback Match – only from Discover. Discover will automatically match all the cash back you've earned at the end of your first year! So you could turn $50 cash back into $100. Or turn $100 into $200. There’s no minimum spending or maximum rewards. Just a dollar-for-dollar match.
Intro APR on balance transfers: 10.99% Intro APR for 6 months, the 15.99% - 24.99% Variable APR Balance transfer fee: 3% intro balance transfer fee, up to 5% fee on future balance transfers (see terms)* Why we picked this card: The Discover it® Student Cash Back is one of the few credit cards designed for those with fair credit that offers an intro APR on balance transfers. If you are a student with fair/limited credit who wants to transfer your existing credit card debt to a card with a lower interest rate, the Discover it® Student Cash Back is a solid choice. Along with offering a 10.99% Intro APR for 6 months on balance transfers, then a 15.99% - 24.99% Variable APR, the card charges a $0 annual fee. The card also offers a 0% Intro APR for 6 months on purchases, then a 15.99% - 24.99% Variable APR. Discover it® Student Cash Back cardholders earn 5% cash back on everyday purchases at different places each quarter like Amazon.com, grocery stores, restaurants, gas stations and when you pay using PayPal, up to the quarterly maximum when you activate. Plus, earn unlimited 1% cash back on all other purchases – automatically. The card also offers the following sign-up bonus: Unlimited Cashback Match – only from Discover. Discover will automatically match all the cash back you've earned at the end of your first year! So you could turn $50 cash back into $100. Or turn $100 into $200. There’s no minimum spending or maximum rewards. Just a dollar-for-dollar match.
Discover it® Secured Credit CardDiscover it® Secured Credit CardIntroductory APR N/A Annual Fee $0 Regular Purchase APR 25.99% Variable APR
Intro APR on balance transfers: 10.99% Intro APR for 6 months, then 25.99% Variable APR Balance transfer fee: 3% intro balance transfer fee, up to 5% fee on future balance transfers (see terms)* Why we picked this card: While you won’t be able to get approved for a card with a 0% intro APR on balance transfers if you have bad credit — typically meaning a credit score below 580 — you may qualify for a card that offers a lower promotional APR on balance transfers for a period of time, such as the Discover it® Secured Credit Card. The Discover it® Secured Credit Card is designed for those with poor/limited credit who want to build their credit. The secured card — which requires a refundable security deposit ranging from $200 to $2,500 that serves are your line of credit — offers an intro APR on balance transfers for half a year and charges a 3% intro balance transfer fee, up to 5% fee on future balance transfers (see terms)*. After you’ve had the card for seven months, Discover will begin conducting monthly account reviews to see if you’re eligible to graduate to an unsecured card and get your deposit refunded. (Note that your behavior across your credit cards and loans from Discover, as well as those from other issuers or lenders, will be evaluated.) You can also get your deposit back if you choose to close your account and pay any remaining balance. The Discover it® Secured Credit Card offers 2% cash back at Gas Stations and Restaurants on up to $1,000 in combined purchases each quarter. 1% unlimited cash back on all other purchases - automatically. It also comes with the following sign-up bonus: Discover will match all the cash back you’ve earned at the end of your first year.
Intro APR on balance transfers: 10.99% Intro APR for 6 months, then 25.99% Variable APR Balance transfer fee: 3% intro balance transfer fee, up to 5% fee on future balance transfers (see terms)* Why we picked this card: While you won’t be able to get approved for a card with a 0% intro APR on balance transfers if you have bad credit — typically meaning a credit score below 580 — you may qualify for a card that offers a lower promotional APR on balance transfers for a period of time, such as the Discover it® Secured Credit Card. The Discover it® Secured Credit Card is designed for those with poor/limited credit who want to build their credit. The secured card — which requires a refundable security deposit ranging from $200 to $2,500 that serves are your line of credit — offers an intro APR on balance transfers for half a year and charges a 3% intro balance transfer fee, up to 5% fee on future balance transfers (see terms)*. After you’ve had the card for seven months, Discover will begin conducting monthly account reviews to see if you’re eligible to graduate to an unsecured card and get your deposit refunded. (Note that your behavior across your credit cards and loans from Discover, as well as those from other issuers or lenders, will be evaluated.) You can also get your deposit back if you choose to close your account and pay any remaining balance. The Discover it® Secured Credit Card offers 2% cash back at Gas Stations and Restaurants on up to $1,000 in combined purchases each quarter. 1% unlimited cash back on all other purchases - automatically. It also comes with the following sign-up bonus: Discover will match all the cash back you’ve earned at the end of your first year.
U.S. Bank Business Platinum CardU.S. Bank Business Platinum CardIntroductory APR 0% intro APR on purchases for 18 billing cycles Annual Fee $0 Regular Purchase APR 14.99% - 23.99% (Variable)
Intro APR on balance transfers: 0% intro APR on balance transfers for 18 billing cycles, a then 14.99% - 23.99% (Variable) APR Balance transfer fee: Either 3% of the amount of each transfer or $5 minimum, whichever is greater Why we picked this card: The U.S. Bank Business Platinum Card is one of the few business credit cards that offers an interest-free period on balance transfers. The card offers a 0% intro APR on balance transfers for 18 billing cycles; after, a 14.99% - 23.99% (Variable) APR applies. The card’s balance transfer fee is Either 3% of the amount of each transfer or $5 minimum, whichever is greater. If you are a small business owner who needs a long interest-free period of time to pay off existing high-interest debt, the U.S. Bank Business Platinum Card is a great option. Along with offering an intro APR on balance transfers for close to two years, the card offers a 0% intro APR on purchases for 18 billing cycles. After that, a 14.99% - 23.99% (Variable) APR applies. The U.S. Bank Business Platinum CardU.S. Bank Business Platinum Card charges a $0 annual fee and does not offer a rewards program.
Intro APR on balance transfers: 0% intro APR on balance transfers for 18 billing cycles, a then 14.99% - 23.99% (Variable) APR Balance transfer fee: Either 3% of the amount of each transfer or $5 minimum, whichever is greater Why we picked this card: The U.S. Bank Business Platinum Card is one of the few business credit cards that offers an interest-free period on balance transfers. The card offers a 0% intro APR on balance transfers for 18 billing cycles; after, a 14.99% - 23.99% (Variable) APR applies. The card’s balance transfer fee is Either 3% of the amount of each transfer or $5 minimum, whichever is greater. If you are a small business owner who needs a long interest-free period of time to pay off existing high-interest debt, the U.S. Bank Business Platinum Card is a great option. Along with offering an intro APR on balance transfers for close to two years, the card offers a 0% intro APR on purchases for 18 billing cycles. After that, a 14.99% - 23.99% (Variable) APR applies. The U.S. Bank Business Platinum CardU.S. Bank Business Platinum Card charges a $0 annual fee and does not offer a rewards program.
Side-by-side comparison of the best balance transfer credit cards
When choosing with balance transfer credit card is the right fit for you, consider the following:
Some of the most important factors to consider before applying for a balance transfer card include the length of the intro APR period, the regular APR after the intro period ends and any balance transfer fee. While it’s possible to find a card without a balance transfer fee, the intro periods for those cards tend to be shorter. Otherwise, a fee of 3% to 5% of the amount transferred will be added to your balance. Finally, while this shouldn’t be your primary concern when looking for a balance transfer card, a balance transfer card that also earns rewards might be a good choice if you want to keep using it once the transferred balance is paid off. Probably not. Balance transfer cards typically require a good to exceptional credit score (ranging from 670 to 850). If your credit is poor or fair (ranging from 300 to 669), you will likely be denied if you try to apply for a balance transfer card. Many cards offer periods of intro 0% APR before the regular APR kicks in. A card might have an intro APR period on balance transfers, purchases or both. A balance transfer card is simply a credit card that offers an intro APR on balance transfers. It’s also possible to find cards that charge no balance transfer fee, though they’re relatively rare. When considering cards with interest-free periods on purchases, note that a credit card with an intro APR offer is different from one offering deferred interest. In the former case, you’ll start to accrue interest on any balance you’re carrying after the intro period ends — but in the latter, you’ll owe interest on the entire amount from the date of purchase if you don’t meet your card’s deadline to pay off the debt. Be especially cautious of deferred interest with store cards, where such offers often appear. Some issuers will allow you to check to see if you prequalify for a credit card. This is done with a soft inquiry, which doesn’t ding your credit score. Note that prequalification isn’t a guarantee you’ll be approved for the card, and also be aware that a hard inquiry will be generated once you actually apply. When you get a balance transfer card, you can expect to see your score dip at first, since applying for a new card generates a hard inquiry on your credit score. However, with good behavior over time, you can expect to see your score increase thanks to more available credit and a decreasing balance (just don’t increase your spending!). No, you cannot. This is important to consider when choosing which balance transfer card to apply for. For example, if your existing credit card debt is on a Citi card, you won’t be able to transfer it to another Citi card. A balance transfer fee is a fee you have pay to the credit card issuer for each transfer you make to the card. Typically, it will range from 3% to 5% of the amount of each transfer. When considering a balance transfer, make sure to do the math and understand how much you’ll need to pay for the balance transfer fee. For example, if you transfer $1,000 to a credit card with a 5% balance transfer fee, the fee amount would be $50. So, after the transfer goes through, you’d have a balance of $1,050 on your balance transfer card. It’s always smart to do the math before you apply for a balance transfer card to see how much you’ll need to pay each month in the allotted intro 0% or low-interest offer time period. For example, let’s say you’re currently carrying a $3,000 balance on an existing card with a 22% APR and paying $200 a month. It’ll take 18 months to pay off that debt and you’ll end up paying $541 in interest, or a total of $3,541. If you transfer that debt to a balance transfer card offering a 0% APR for 18 months with a 3% balance transfer fee, and keep your $200 a month payments up, you’d just pay $90 for the balance transfer fee and have your balance paid off in 16 months. So, you’d be saving a total of $451 ($541 that you’d pay in interest charges if you don’t utilize a 0% APR balance transfer deal, minus the $90 balance transfer fee for the new card) and pay off the balance two months quicker. Credit card issuers have different balance transfer policies that can limit the amount you can transfer relative to your new card’s credit limit. Some will allow you to transfer up to the entire credit limit (minus any balance transfer fee) on the new card, while others may cap the amount you transfer to 75% or 95% of your credit limit. For example, American Express will only allow you to transfer $5,000 or 75% of your credit limit (whichever is lower), while Chase allows you to transfer up to 95% of your credit limit or up to $15,000 (whichever is lower). Plus, you won’t know exactly what your credit limit will be until after you’re approved for the new balance transfer card — making it difficult to project how much of your existing debt can be moved to the card. Your credit limit is generally based on the card issuer’s review of your credit score and credit reports, and you can’t transfer more than the credit limit you’re given. Before you apply for a new balance transfer card, it’s best to research the card’s terms online or by calling the issuing bank to find out exactly what that issuer’s policy is on how much of your new credit limit can be used for a balance transfer. You can generally expect a balance transfer to take around three to seven days, but there are situations where it could take up to six weeks. If a payment is due on the credit card from which you made the transfer, make sure to pay it until the balance has been moved to the new card, so you don’t get charged a late fee. On-time payments are the most important factor in building and keeping a good credit score. As with any credit card, there’s a risk you’ll be denied. In such a situation, if you’re confident you have good credit, you might consider applying for a balance transfer card from a different issuer than the one that denied you. Or, you could apply for a personal loan to pay off your credit card debt instead. If you have poor or fair credit, you probably can’t get a balance transfer card from any issuer. And if you get approved for a personal loan, it’s likely to have a high APR. In such situations, you might wish to work with an accredited nonprofit debt counselor to put together a plan for paying down your debt. After following through on such a plan and paying off your debt, you might consider applying for a secured card to help improve your credit score. It’s a long journey, but there is no quick fix in such cases. Additional reporting by Dan Miller. Glen Luke Flanagan
Glen Luke Flanagan is a senior credit card writer for LendingTree. He joined the team in June 2019, and covers topics including new credit cards, how your credit score works and what you need to know about credit card interest. Before joining LendingTree, Glen worked in journalism and government communications. As a journalist at newspapers in North Carolina and South Carolina, his reporting won awards from the North Carolina Press Association and the South Carolina Press Association, respectively. Glen earned his bachelor’s degree in media studies with a concentration in journalism from Radford University, graduating summa cum laude in May 2014. He also earned a master’s degree in English with a concentration in technical and professional communication, as well as a graduate certificate in marketing, from East Carolina University in May 2022. Read More The above offers and/or promotions may have since changed, expired, or is no longer available. Check the Issuers’ website for more details. Recommended ArticlesWhat does 0 balance transfer for 24 months mean?With a 0% balance transfer you get a new card to pay off debt on old credit and store cards, so you owe it instead, but at 0% interest. A card will have a 0% period, during which you pay no interest – for example, 28 months – and sometimes you'll pay a small fee.
What does 0% for 18 months on balance transfers mean?A 0% APR on a credit card means that you won't be responsible for paying your card's ongoing interest rate for a certain period of time, typically 15 to 18 months. Depending on the card, the promotional APR will apply to purchases, balance transfers, or both.
Do balance transfers hurt credit score?A balance transfer can affect your credit score, depending on 1) if you open a new card to transfer a balance and 2) what you do once your balances have been transferred. If you simply move your balances around on your existing cards, your credit score likely won't be impacted.
Can balance transfer fees be waived?The only way to avoid balance transfer fees is to find a card that waives the fee entirely. It's possible that you'll come across a credit card with an intro balance transfer fee offer. In that case, the issuer will waive the fee on transfers completed within a certain timeframe.
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0 interest credit cards no balance transfer fee 21 months
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