Best Balance Transfer Credit Cards

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Do you have high-interest credit card debt you’re struggling to pay off?

You’re not alone. In 2017, over 38% of U.S. households will have some sort of credit card debt. If you’re suffering from high interest rate charges, transfer your debt to one of these balance transfer cards with 0% intro APR and starting saving money.

Chase Slate®

Benefits: The Chase Slate is by far our most popular balance transfer card. The card has no balance transfer fees for the first 60 days of account opening. This card offers 0% intro APR on purchases and balance transfers for 15 months. The ongoing APR is 15.74% - 24.49% Variable.

This card only requires good credit making it available to those with a couple dings on their credit history. Add in no annual fee, plus no penalties on late payments and you can see why the Chase Slate is a very useful, and popular card.

Drawbacks: There are no rewards with this credit card. The 15-month 0% Intro APR isn’t the longest on this list. It only accepts balance transfers from non-Chase credit cards with a $15,000 limit on transfers.

Bottom Line: The Chase Slate helps people manage their debt and financial health by helping them save on high interest charges and providing a monthly FICO score for free. This is one of the only cards that does not charge a balance transfer fee, if the balance transfer is made within the first 60 days of your account being open. This card has an annual fee of $0. If you’re trying to get out of credit card debt, this is the first card that you should take a look at.

Citi Simplicity® Card - No Late Fees Ever

Benefits: An industry leading 0% intro APR for the first 21 months credit card with no annual fee. That’s almost 2 years of interest free payments, which can save you hundreds of dollars when compared to high interest charges.

For instance, let’s assume you have $5,000 in credit card debt that is accruing 20% interest and that you are able to make a $250 payment every month. At this rate, you will end up paying over $1,100 in interest charges. However, if you transfer your debt onto the Citi Simplicity you will save almost $1,000 (when you factor in the 3% balance transfer fee).

We’re human, we make mistakes, and sometimes we forget to pay a bill. That’s where the Citi Simplicity shines - It is The only card with no late fees, no penalty rate, and no annual fee… EVER! If you’re one to forget about a payment or two, this card is perfect for you.

Drawbacks: This credit card has a 3% balance transfer fee and doesn’t offer any rewards. You cannot transfer balances from any other Citi credit card.

Bottom Line: People who own this card can transfer several types of debt onto it, not just credit card debt. If you forget a payment, this card can save you money with $0 late fees, most credit cards charge around $35 for late payment fees. This card has the longest intro APR period on CompareCards and is one of the easiest credit cards to use.

Citi® Diamond Preferred® Card – 21 Month Intro Offer on BT and Purchases

Benefits: If you’re looking for another long-term 0% intro APR the Citi Diamond Preferred provides just that. It offers 21-months of zero interest on all balance transfers and purchases. This means you won’t pay interest on purchases or balance transfers until 2018! There is no annual fee, and you get to choose your payment date, allowing you to choose the date that is most convenient for you. To top it off, you get free access to your FICO credit scores and Citi Easy Deals.

This card is helpful if you are looking to make a big purchase soon, like a large appliance or some home improvements. You can get that new fridge or fix the roof without worrying about interest for almost two years.

Drawbacks: Like the Chase Slate card, this doesn’t have rewards to go along with it. There is a $5 or 3% balance transfer fee whichever is greater.

The Bottom Line: This is a simple, yet very powerful credit card. It is very helpful in you’re looking to make a big purchase soon. With its long-term 0% APR you can save hundreds in interest charges with a cheaper monthly payment plan. Convenient payment dates and free access to your FICO credit score make this card a great choice.

Discover it® - 18 Month Balance Transfer Offer

Benefits: This card has a sign-up bonus loaded with potential: you can turn $200 into $400 with Cashback Match. If you’re a new card member, you can automatically double your rewards within the first year of having the card. You also earn 5% cash back from rotating categories like gas stations, department stores, Amazon.com or restaurants for up to $1,500 every quarter. You’ll also get 1% cash back on everything else.

With 5% cash back from everyday spending categories and 1% cash back on everything else you can easily earn $200 cash back and turn it into $400 with Discover’s Cashback Match.

There is also no annual fee, and you will get 0% intro APR on purchases for 6 months and 0% intro APR on balance transfers for 18 months.

Drawbacks: While the Discover It - 18 month balance transfer offer has some rewarding cash back benefits, it lacks the 0% intro APR length of other cards on this list. It has a balance transfer fee of 3%. You also need to remember to opt into the categories every quarter or you will not receive the 5% cash back rewards.

The Bottom Line: If you looking for a balance transfer credit card that teams up with a cash back rewards system, this card is right up your alley. It has a unique sign-up bonus system that doubles your cash back at the end of your first year. So if you’re in the market for a rewards card and would like to transfer your current balance, this card is perfect for you.

Citi® Double Cash Card – 18 month BT offer

Benefits: This credit card also has a 0% intro APR on balance transfers for 18 months, no annual fee and only requires good credit. That’s not even the best part. This card earns you 1% cashback on everything with no limit, and another 1% when you pay off your bills at the end of the month!

Unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases makes this card one of the best credit cards for balance transfers and cash back rewards. It’s great for transferring high-interest debt, and getting cash back for any purchases without having to worry about rotating categories.

You can save over $800 in interest charges if you transfer $5,000 in interest accruing charges at a 20% APR. On top of that, if you spend $500 each month on common purchases you can earn $5 on purchase and another $5 when you pay it off. That’s $120 in annual rewards!

Drawbacks: The card charges a balance transfer fee of 3% of the amount transferred or $5, whichever is higher. It does not reward cash back on balance transfers. There is also a $25 minimum for redeeming cash back rewards.

The Bottom Line: The Citi Double Cash card is an industry leader for cash back rewards with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases. When you add in the 0% intro APR on balance transfers for 18 months you’re looking at a very powerful card that you can use to save money on high-interest debt, then use as a cash rewards card afterwards. All of this make this card one of our most popular offers.

BankAmericard® Credit Card

Benefits: It offers 0% intro APR for 18 billing cycles on balance transfers in the first 60 days. It also offers no annual fee which is perfect for the casual credit card user. This is a very straight-forward credit card that’s perfect for people looking to transfer debt and save money on interest.

This card also grants the user access to Bank of America’s award winning online banking experience. Don’t worry, if you prefer to bank at a physical location, Bank of America has thousands of retail and ATM locations across the country.

Drawbacks: This card doesn’t have the longest 0% intro APR on this list and does not have 0% intro APR on purchases. It doesn’t offer rewards, and has a 3% balance transfer fee or $10 (whichever is greater).

The Bottom Line: You won’t have to worry about an annual fee, and you don’t need to keep track of rotating rewards. It’s perfect for people looking to transfer a balance and who plan to pay it off within 18 billing cycles. What it lacks in rewards, it makes up for with its ease-of-use and banking convenience from Bank of America.

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Picture of Dann Hinkle

By: | Apr 20, 2017

Thank you so much. This site made searching for a credit card to transfer my balances to so much easier than going to the individual sites of the various credit cards. I highly recommend this. I heard about it on XM radio on the Fox News channel. I am now on my way to paying off my debt and saving money! Thanks again!

Picture of Shan Kathleen

By: | Apr 11, 2017

I am interested in transferring approximately $8500 to a new card -- preferably no transfer fee & 12-21 months 0% APR rate. I do enjoy rewards and gift card kick backs -- BUT it is not necessary, as I hope to pay off the debt before spending additional. Credit Score - 755

1 Reply

By: CompareCards | Apr 15, 2017

The Chase Slate card is an excellent option for balance transfers as it offers 0% intro APR for 15 months and no fee for balance transfers made within the first 60 days. The only downside is that there is no rewards program. If you would rather have rewards, check out the Citi Double Cash or Discover It - 18 Month Balance Transfer Offer . These cards have great balance transfer offers and also come with some of the best cash back programs.

Picture of Rheanna Maxey

By: | Apr 5, 2017

I have a credit score of 720 and have a credit card with a balance of $7000. Are there any options that will let me transfer the full balance to a 0% APR card? I tried with Chase Slate card and they only allowed a balance of $2200 and that was not what I was hoping for.

Picture of Whitney Robbins Williams

By: | Apr 5, 2017

I have a Discover card now but im needing to do a balance transfer for 15,000 with the longest 0% APR my fico score is at 695 what would be best for me?

Picture of Tom Burkman

By: | Apr 2, 2017

I am looking for the best deal and interest rate on a transfer card. My current card debit (1 Card) is $2300.00 at 23.65% interest. I have good credit and have improved it over the last 2 years

1 Reply

By: CompareCards | Apr 5, 2017

The Chase Slate card is an excellent options for balance transfers as it comes with 0% intro APR for 15 months and no fee for balance transfers made within the first 60 days. If you're looking for the longest possible intro APR, check out the Citi Simplicity and Citi Diamond Preferred which both offer 0% intro APR for 21 months!

Picture of Vera Marie Walden Oro

By: | Mar 29, 2017

Can you earn cash back rewards if you use a credit card to pay for medical/hospital bills?

1 Reply

By: CompareCards | Mar 31, 2017

Generally speaking, if you are able to pay your bills with a credit card then you will earn rewards as they will be counted as "purchases". However, lookout to make sure that there is not a fee charged by the medical provider to pay with a credit card!

Picture of Betty Williams-Davis

By: | Mar 17, 2017

I have two credit cards that total $12,000. One has a 10,500 limit with a balance of $5,500. The other has a $15,000.00 limit with a balance of $6,500. My credit score is excellent. What is my BEST option for 0% and no balance transfer fees for the longest period of time.

2 Replies

By: CompareCards | Mar 17, 2017

I have two credit cards that total $12,000. One has a 10,500 limit with a balance of $5,500. The other has a $15,000.00 limit with a balance of $6,500. My credit score is excellent. What is my BEST option for 0% and no balance transfer fees for the longest period of time. The Chase Slate card would be a great option for you as it offers 0% intro APR for 15 months and no fee for balance transfers made within the first 60 days. If you're looking for a longer intro APR, check out the Citi Simplicity or Citi Diamond Preferred. Both these cards comes with 0% intro APR for 21 months, but they do also have a balance transfer fee.

By: Neverly Whitaker | Apr 4, 2017

I am here just to let anyone who's looking for a 0% APR Balance Transfer: The CITI Diamond Preferred is the card for you, they are really there to help. Thx CITI!

Picture of Tania Mannino Rossi

By: | Mar 7, 2017

My husband and I have a credit score around the low to mid 700's. We would like to do a balance transfer of about $8,500 with a 0% APR interest rate. We would also like after the promotional period to keep the interest rate low and to have rewards such as, earning miles, cash back, gift cards..... What would be best for us?

1 Reply

By: CompareCards | Mar 8, 2017

With a score in the 700s, your credit is considered good and getting close to the "excellent" range. Two cards that offer great intro APRs for balance transfers as well as generous ongoing rewards are the Citi Double Cash and the Discover It Card .

Picture of Laura Smith Maliani

By: | Mar 6, 2017

I currently have a Wells Fargo platinum card. I am thinking of switching to a chase card. I am looking for a similar rewards system where I can earn gift cards with my rewards points. Is there cash back reward system comparable and if I transfer $13,000 of debt from my platinum card to a chase card will I then get the cash rewards for that amount? My credit is in the 800s and I plan to pay the debt off quickly.

1 Reply

By: CompareCards | Mar 7, 2017

The cash back credit cards from Chase like the Chase Freedom and the Chase Freedom Unlimited do allow you to redeem your rewards by shopping for gift cards. These cards also come with 0% intro APR for 15 months! However, you won't be able to earn rewards on your balance transfer. Cash back credit cards generally only earn rewards on "net purchases" and exclude transactions like balance transfers and cash advances.

Picture of Ishani Desai

By: | Mar 2, 2017

Are there any business credit cards with a 0% balance transfer?

1 Reply

By: CompareCards | Mar 3, 2017

If your looking for a business credit card with 0% intro APR on balance transfers, check out the Ink Business Cash Credit Card from Chase!

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