Best Balance Transfer Credit Cards

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.

BankAmericard® Credit Card

Benefits: Swimming in high-interest debt? This card is one of the most cost-effective lifelines of any offer currently available. Most cards charge a fee to transfer your debt. Not here. This card comes with a $0 Intro balance transfer fee for the first 60 days your account is open. After that, the fee for future balance transfers is 3% (min. $10). As if that's not enough, you also pay no annual fee and get a long 0% Intro APR for 15 billing cycles for balance transfers made in the first 60 days and 0% Intro APR for 15 billing cycles on purchases. That gives you over a year to wipe out your debt without paying interest.

Drawbacks: There are balance transfer offers with longer introductory APR, but you will likely pay a balance transfer fee. For example, if you need a longer intro period to pay down your balance consider the balance transfer offers from Citibank. But, you may have to pay a balance transfer fee with those cards.

The Bottom Line: This card leads the pack in a crowded balance transfer field. It is one of the few cards that delivers three impressive debt-busting features: no intro balance transfer fee, a long 0% Intro APR for 15 billing cycles for balance transfers made in the first 60 days, and no annual fee. If you are serious about getting out of debt, this card can help you achieve your goals.

Citi® Diamond Preferred® Card – $0 Intro BT Fee

Benefits: If you’re looking for another long-term 0% intro APR the Citi Diamond Preferred provides just that. It offers an intro APR of 0% for 15 Months on Purchases* and 0% for 15 Months on Balance Transfers*. 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.

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.

Important Note: Like the Chase Slate card, this doesn’t have rewards to go along with it. The balance transfer fee is $0 Intro Balance Transfer Fee for transfers made within 4 months of account opening. After that, there is a 3% balance transfer fee (minimum $5) for each transfer.

The Bottom Line: This is a simple, yet very powerful credit card. It is very helpful if you’re looking to make a big purchase soon. With its long-term 0% intro 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 Simplicity® Card - No Late Fees Ever

Benefits: An impressive intro APR of 0%* for 21 months on Purchases* and 0%* for 21 months on Balance Transfers* with no annual fee. That’s well over a year 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. With the Citi Simplicity you will enjoy an intro APR of 0%* for 21 months on Balance Transfers* which lets you pay down your balance interest free.

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.

Important Note: This credit card has a balance transfer fee of 3% of each balance transfer; $5 minimum. You cannot transfer balances from any other Citi credit card.

Bottom Line: People who carry 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 one of the longest intro APR period on CompareCards and is one of the easiest credit cards to use.

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.

*Editorial Note: This content is not provided or commissioned by the credit card issuer. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone, and may not have been reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through a credit card issuer partnership.

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Picture of Loretta Cross

By: | May 15, 2017

I am looking for a balance transfer card with low interest rate and no fee for balance transfer!

1 Reply

By: CompareCards | May 17, 2017

Three credit cards that might interest you are the BankAmericard Credit Card, Barclaycard Ring Mastercard, and the Chase Slate card.

Picture of Evelyn Adams

By: | May 12, 2017

I have a Chase CC with balance of $4,000 want to transfer to a card with o interest for about 15-21 months & no balance transfer fee. Opinion please?

1 Reply

By: John Imig | May 23, 2017

Barclaycard Ring is about your only option at this point.

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?

2 Replies

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!

By: Kathy Burt | Jun 4, 2017

I have a Citi Double Cash card that I use for everything and get cash back even on medical stuff and meds you name it you get cash back

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 .

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