Best Balance Transfer Credit Cards of October 2021

If you’re carrying a balance on a high interest credit card, it’s time to switch cards and save money.

A balance transfer lets you move high-interest debt from one credit card to another with a much lower interest rate – often 0% for a year or longer. Transferring a balance to one of these top cards could save you hundreds or even thousands in interest payments, which could help you get out of debt sooner. 

Compare these cards and discover which one is best for you.

Wells Fargo Active Cash℠ Card

Apply Now

on Wells Fargo's secure site

 

Rated 4/5 stars by our editorial team

Click the stars to submit your rating.

Thanks for rating!

Your Rating:

3.9/5.0 from 684 Offer Ratings
Over the Past 60 Days!

(684) Over the Past 60 Days!
Show Details

Intro Purchase APR: 0% intro APR for 15 months from account opening on purchases, then 14.99%-24.99% (Variable) APR.


Intro Balance Transfer APR: 0% intro APR for 15 months from account opening on qualifying balance transfers, then 14.99%-24.99% (Variable) APR after that intro period is up.


Rewards: The rewards program for the Wells Fargo Active Cash℠ Card may look simple at first, but don’t let that fool you – if you’re a cardholder, you’ll earn unlimited 2% cash rewards on purchases. 2% unlimited is unheard-of in the world of rewards credit cards, so this card is absolutely not one to miss.


Extras: If you’re a new cardholder, you’ll earn a $200 cash rewards bonus after spending $1,000 on purchases in the first 3 months from account open.


Annual Fee: $0.

BankAmericard® credit card

Apply Now

on Bank of America's secure site

Call To Apply
 

Rated 4.5/5 stars by our editorial team

Click the stars to submit your rating.

Thanks for rating!

Your Rating:

3.9/5.0 from 180 Offer Ratings
Over the Past 60 Days!

(180) Over the Past 60 Days!
Show Details

Intro Purchase APR: 0% Intro APR for 18 billing cycles for purchases and then 12.99% - 22.99% Variable APR after that.


Intro Balance Transfer APR: 0% Intro APR for 18 billing cycles for any balance transfers made in the first 60 days and then 12.99% - 22.99% Variable APR after that intro period is up.


Rewards: This card doesn’t come with a traditional rewards program, but 18 months of 0% interest on both purchases and balance transfers still make this a compelling choice.


Extra Perks: This card comes with no penalty APR, so your interest rate won’t skyrocket if you miss a payment. And if you're a new cardholder, you can earn a $100 statement credit online bonus after making at least $1,000 in purchases in the first 90 days of account opening.


Annual Fee: $0.

Citi Custom Cash℠ Card

Apply Now

on Citibank's secure site

Call To Apply
 

Rated 5/5 stars by our editorial team

Click the stars to submit your rating.

Thanks for rating!

Your Rating:

4.2/5.0 from 325 Offer Ratings
Over the Past 60 Days!

(325) Over the Past 60 Days!
Show Details

Intro Purchase APR: 0% intro APR for 15 months on purchases, then 13.99% – 23.99% (Variable) APR based on creditworthiness.


Intro Balance Transfer APR: 0% intro APR for 15 months on balance transfers, then 13.99% – 23.99% (Variable) APR after that intro period is up.


Rewards: Earn 5% cash back on purchases in your top eligible spend category each billing cycle, up to the first $500 spent, 1% cash back thereafter. Also, earn unlimited 1% cash back on all other purchases.


Extra Perks: Don't miss out on the outstanding welcome offer on the Citi Custom Cash℠ Card. Earn $200 in cash back after you spend $750 on purchases in the first 3 months of account opening. This bonus offer will be fulfilled as 20,000 ThankYou® Points, which can be redeemed for $200 cash back.


Annual Fee: $0.

Discover it® Balance Transfer

Apply Now

on Discover's secure site

 

Rated 4.5/5 stars by our editorial team

Click the stars to submit your rating.

Thanks for rating!

Your Rating:

3.7/5.0 from 110 Offer Ratings
Over the Past 60 Days!

(110) Over the Past 60 Days!
Show Details

Intro Purchase APR: 0% for 6 months, followed by 11.99% - 22.99% Variable APR.


Intro Balance Transfer APR: 0% for 18 months on balance transfers, 11.99% - 22.99% Variable APR after that.


Rewards: 5% cash back at different places each quarter up to the quarterly maximum when you activate, 1% unlimited cash back on all other purchases - automatically.


Extra Perks: New cardholders get access to 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.


Annual Fee: $0.

Citi Simplicity® Card

Apply Now

on Citibank's secure site

Call To Apply
 

Rated 4.5/5 stars by our editorial team

Click the stars to submit your rating.

Thanks for rating!

Your Rating:

3.9/5.0 from 249 Offer Ratings
Over the Past 60 Days!

(249) Over the Past 60 Days!
Show Details

Intro Purchase APR: 0% for 12 months on Purchases; after that, an APR of 14.74% - 24.74% (Variable) applies.


Intro Balance Transfer APR: Cardholders get nearly two years of 0% intro APR: 0% for 21 months on Balance Transfers, then 14.74% - 24.74% (Variable) APR after that intro period is up.


Rewards: This card is completely focused on offering the longest periods of 0% intro APR on purchases and balance transfers, so it doesn’t come with a rewards program.


Extra Perks: If you lose or misplace your card, you can stay protected with Citi® Quick Lock and $0 liability on unauthorized charges.


Annual Fee: $0.

Bank of America® Customized Cash Rewards credit card

Apply Now

on Bank of America's secure site

Call To Apply
 

Rated 5/5 stars by our editorial team

Click the stars to submit your rating.

Thanks for rating!

Your Rating:

4.6/5.0 from 227 Offer Ratings
Over the Past 60 Days!

(227) Over the Past 60 Days!
Show Details

Intro Purchase APR: 0% Intro APR for 15 billing cycles for purchases and then 13.99% - 23.99% Variable APR after that. This APR will vary with the market based on the Prime Rate.


Intro Balance Transfer APR: 0% Intro APR for 15 billing cycles for any balance transfers made in the first 60 days and then 13.99% - 23.99% Variable APR after that intro period is up.


Rewards: 3% cash back in the category of your choice, 2% cash back at grocery stores and wholesale clubs (for the first $2,500 in combined choice category/grocery store/wholesale club quarterly purchases), 1% cash back on all other purchases.


Extra Perks: $200 online cash rewards bonus after you make at least $1,000 in purchases in the first 90 days of account opening.


Annual Fee: $0

Mastercard® Black Card™

Apply Now

on Barclays's secure site

 

Rated 4.5/5 stars by our editorial team

Click the stars to submit your rating.

Thanks for rating!

Your Rating:

0.0/5.0 from 0 Offer Rating
Over the Past 60 Days!

(0) Over the Past 60 Days!
Show Details

Intro Purchase APR: Standard APR for the Mastercard® Black Card™ is 14.99%. This APR will vary with the market based on the Prime Rate.


Intro Balance Transfer APR: 0% introductory APR for the first fifteen billing cycles following each balance transfer that posts to your account within 45 days of account opening. After that, (and for balance transfers that do not post within 45 days of account opening) your APR will be 14.99%. This APR will vary with the market based on the Prime Rate.


Rewards: 2% value for airfare redemptions with no blackout dates or seat restrictions. 1.5% value for cash back redemptions. Earn one point for every one dollar spent.


Extra Perks: Cell Phone Protection, Lyft credits, Fandango perks and more.


Annual Fee: $495 ($195 for each Authorized User added to the account)

Mastercard® Titanium Card™

Apply Now

on Barclays's secure site

 

Rated 4.5/5 stars by our editorial team

Click the stars to submit your rating.

Thanks for rating!

Your Rating:

0.0/5.0 from 0 Offer Rating
Over the Past 60 Days!

(0) Over the Past 60 Days!
Show Details

Intro purchase APR: This card has a standard APR of 14.99%. This APR will vary with the market based on the Prime Rate.


Intro balance transfer APR: 0% introductory APR for the first fifteen billing cycles following each balance transfer that posts to your account within 45 days of account opening. After that, (and for balance transfers that do not post within 45 days of account opening) your APR will be 14.99%. This APR will vary with the market based on the Prime Rate.


Rewards: 2% value for airfare redemptions with no blackout dates or seat restrictions. 1% value for cash back redemptions. Earn one point for every one dollar spent.


Extra Perks: Cell Phone Protection, Lyft credits, Fandango perks and more.


Annual Fee: $195 ($95 for each Authorized User added to the account)


Mastercard® Gold Card™

Apply Now

on Barclays's secure site

 

Rated 4/5 stars by our editorial team

Click the stars to submit your rating.

Thanks for rating!

Your Rating:

0.0/5.0 from 0 Offer Rating
Over the Past 60 Days!

(0) Over the Past 60 Days!
Show Details

Intro Purchase APR: Standard APR for purchases on this card will be 14.99%. This APR will vary with the market based on the Prime Rate.


Intro Balance Transfer APR: 0% introductory APR for the first fifteen billing cycles following each balance transfer that posts to your account within 45 days of account opening. After that, (and for balance transfers that do not post within 45 days of account opening) your APR will be 14.99%. This APR will vary with the market based on the Prime Rate.


Rewards: 2% value for airfare redemptions with no blackout dates or seat restrictions. 2% value for cash back redemptions. Earn one point for every one dollar spent.


Extra Perks: Cell Phone Protection, Lyft credits, Fandango perks and more.


Annual Fee: $995 ($295 for each Authorized User added to the account)

Wells Fargo Reflect℠ Card

Apply Now

on Wells Fargo's secure site

 

Rated 4/5 stars by our editorial team

Click the stars to submit your rating.

Thanks for rating!

Your Rating:

3.7/5.0 from 44 Offer Ratings
Over the Past 60 Days!

(44) Over the Past 60 Days!
Show Details

Intro Purchase APR: Cardholders will start with 18 months of 0% intro APR on purchases with an ongoing 12.99%-24.99% Variable APR after that introductory period is up. The unique thing about this card though is that if you make all your minimum monthly payments on time, you could enjoy a purchase intro rate of 0% intro APR up to 21 months from account opening - that's almost 2 years!


Intro Balance Transfer APR: The intro APR for balance transfers starts at 0% intro APR for 18 months, with an ongoing APR of 12.99%-24.99% Variable APR after that. If you make your minimum monthly payments every month and on-time, you’re eligible for an intro APR extension of up to 3 months – that bumps this card up to an industry-leading 0% intro APR up to 21 months from account opening on qualifying balance transfers.


Rewards: This card offers a rewards program through My Wells Fargo Deals, where cardholders can earn cash back in the form of statement credit when using their Wells Fargo Reflect℠ Card on everyday purchases from dining to travel to entertainment and more.


Extra Perks: If you’re a cardholder, you can get up to $600 of cell phone protection when you pay your monthly cell phone bill with your Wells Fargo Reflect℠ Card (subject to a $25 deductible).


Annual Fee: $0.

Balance Transfer Basics

Balance transfer credit cards are a smart choice to help you get out of debt. The 0% interest means every penny of your payment will go to paying down debt during the promo period.

  Current Credit Card New Balance Transfer Card
Debt $5,551* $5,551*
Interest Rate 17% APR 0% intro APR for 15 months

That gives you 15 months to chip away at your balance with no interest payments piling up. If you pay $370.07 per month during the 15-month promotional APR period you would save an incredible $1,551.65 in interest and pay off your balance in full.

*Consumers have an average credit card balance of $5,551 according to Experian's 2016 State of Credit Report.  

How To Apply

It is a quick and easy application process. Click Apply Now to fill out the application on the issuer’s secure site. You may be able to find out within minutes if your application is approved. Get started now!

*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.