Transferring a high-interest balance to a credit card with 0% introductory APR will save a lot of your money or even you will be able to pay off debt sooner. The best balance transfer credit cards charge no annual fee with an extended introductory period of 15-21 months. The complete list of 10 Best Balance Transfer Credit Cards are viable option for all those who want to consolidate debt credit in an efficient manner.
Keeping up with the monthly credit card payments is a tedious task and considering consolidating your debt with a balance transfer credit card is the favorable choice. Not only, they are good to pay no interest on your debt but some of them offer great rewards, cell phone protection, and travel insurance bonuses. So, for a complete package check out the 10 best balance transfer credit cards .
Table of Contents
Quick Overview –10 Best Balance Transfer Credit Cards
- Discover it® Balance Transfer – Long 0% APR introductory period with bonus cashback
- Bank of America® Customized Cash Rewards Credit Card – Best balance transfer credit cards with the option to choose your own rewards
- U.S Bank Visa® Platinum Card – Great for long balance transfers
- Wells Fargo Active Cash Card– Best for intro APR and 2% cashback rewards
- Chase Freedom Unlimited – Best 0% period for transfersalong with bonus cashback
- Chase Freedom Flex – Viable option for bonus rotating categories
- Citi® Double Cash Card – Great for flat-rate cashback rewards
- Bank Americard® Credit Card – Great balance transfer card with overdraft protection
- Chase Slate Edge – Great for 0% introductory APR with payment incentives
- Citi Diamond Preferred Card – Great balance transfer card for long transfer window
Summary Table – Best Balance Transfer Credit Cards
| Card | Regular APR | Annual Fee | Balance Transfer Fee | Best for |
| Discover it® Balance Transfer | 16.99% – 22.99% Variable | $0 | 3% -5% | Long 0% APR introductory period with bonus cashback |
| Bank of America® Customized Cash Rewards Credit Card | 16.99% – 24.99% Variable | $0 | 3% of the amount transfered | Choosing your own rewards |
| U.S Bank Visa® Platinum Card | 17.99% – 25.99% Variable | $0 | 3% -5% | Long balance transfers |
| Wells Fargo Active Cash Card | 17.99% – 25.99% Variable | $0 | 5% | Intro APR and 2% cashback rewards |
| Chase Freedom Unlimited | 17.99% – 25.99% Variable | $0 | 3% -5% | 0% period for transfers along with bonus cashback |
| Chase Freedom Flex | 17.99% – 25.99% Variable | $0 | 3% -5% | Bonus rotating categories |
| Citi® Double Cash Card | 18.99% – 25.99% Variable | $0 | 5% ($5 min) | Flat-rate cashback rewards |
| Bank Americard® Credit Card | 17.99% – 25.99% Variable | $0 | 3% of the amount transferred | Overdraft protection |
| Chase Slate Edge | 18.99% – 25.99% Variable | $0 | 5% ($5 min) | 0% introductory APR with payment incentives |
| Citi Diamond Preferred Card | 18.99% – 25.99% Variable | $0 | 5% ($5 min) | Long transfer window |
1. Discover it® Balance Transfer
If you are one of those Americans with a sizable amount of debt taken in recent years, fret not Discover it® Balance Transfer is a great choice for you. The card took the overall top position among the best balance transfer credit cards for paying off high-interest credit card debt with its 0% APR introductory period for 18 months. Moreover, the competitive cash-back rewards program provides long-term value to the users.
Annual Fees: $0
Balance Transfer Offer : 0 % introductory APR on purchases for the first 6 months and for a balance transfer its 18 months and then the ongoing variable APR of 17.24%-28.24% will be charged.
Balance transfer Fee : 3% introductory fee and fees up to 5% on future balance transfers
| Pros | Cons |
| Introductory APR on balance transfers for 18 months | Lower acceptance abroad |
| Charges no annual fee | Activation requirements for the bonus categories can be a hassle |
| Greater bonus categories | |
| Cash rewards |
2. Bank of America® Customized Cash Rewards Credit Card
The Bank of America® Customized Cash Rewards Credit Card is a solid option among the best balance transfer credit cards for all those who spend on gas and groceries. With this card, you can earn 3% cash back in the category of your choice. It offers solid rewards for moderate spenders and clients can easily get 25-75% boost in cashback earnings. If your biggest expenditures fluctuate from month to month and you want flexibility to maximize your earnings then this card is the best choice.
Annual Fees: $0
Balance Transfer Offer : 0 % introductory APR on purchases and balance transfer for 15 billing cycles and then the ongoing variable APR of 18.24%-28.24% will be charged. Intro APR applies to the balance transferred in the first 60 days and then 3% transfer fee will be applicable.
Balance transfer Fee : 3% of the total amount on every transfer
| Pros | Cons |
| Introductory APR on balance transfers for 18 months | Foreign transaction fee |
| Decent reward-earning potential | High balance transfer fee |
| Every month you can change the bonus category |
3. U.S Bank Visa® Platinum Card
The lengthy introductory period is one of the prominent reasons the card is preferred for balance transfers and purchases. Being one of the best balance transfer credit card it gives you plenty of time to get rid of debts interest-free. The downside of this card is that it lacks the reward program but the long introductory period is the compensation for it.
Annual Fees: $0
Balance Transfer Offer : 0 % introductory APR on balance transfer and purchases for 18 billing cycles and then the ongoing variable APR of 18.74%-29.24% is applicable.
Balance transfer Fee: Either 3% of the amount transferred or 5% which is greater
| Pros | Cons |
| No penalty APR is charged | No rewards |
| Generous introductory APR for 18 billing cycles | High balance transfer fee |
| Cell phone protection coverage is the plus point | No welcome bonus is applicable |
4. Wells Fargo Active Cash Card
The Wells Fargo Reflect Card offers a great opportunity to earn greater cash-back rewards. As the card charges no annual fee the new card holders have a sufficient amount of time to pay down balances. Among the long list of the flat rate cash-back cards, it earns a total of 2% cash back on all purchases. So if you are looking for the best balance transfer credit cards, the Wells Fargo Active Cash Card is the suitable choice.
Annual Fees: $0
Balance Transfer Offer: 0 % introductory APR on balance transfer and purchases for 15 months and then the ongoing variable APR of 20.24%-29.99% is charged. Balance transfers made in the 120 days qualify for intro APR and then a 3% or BT fee of 5% balance transfer fee is applicable.
Balance transfer Fee: 5% Fee is applicable with a minimum deduction of $5.
| Pros | Cons |
| High reward rate to facilitate users | No bonus categories |
| No annual fees | Foreign transaction fees |
| Unlimited 2% cashback on all purchases |
5. Chase Freedom Unlimited
The Chase Freedom Unlimited is a fine card that offers 1.5% cash back on all the purchases that are made. The card being in the list of the best balance transfer credit cards offers bonus rewards on travel booked through Chase along with restaurants as well as drugstores. The greatest benefit of this card is that the new cardholders enjoy the introductory APR period and have the opportunity to earn a cash bonus.
Annual Fees: $0
Balance Transfer Offer: 0 % introductory APR on balance transfer and purchases for 15 months and then the ongoing variable APR of 20.49%-29.24% is applicable
Balance transfer Fee: Either 3% or 5 % of the amount transferred
| Pros | Cons |
| No minimum redemption amount for cashback | Requires good to excellent credit score |
| No annual fees | Some cards offer better rates in specific categories |
| Greater rewards rate |
6. Chase Freedom Flex
The Chase Freedom Flex is a great balance transfer card that can earn rewards across a wide swath of categories.The bonus cashback is activated each quarterly on travel booked through Chase, restaurants and drug stores. If your spending matches the categories then you can rack up hundreds of dollars per year. For new card holders, it is one of the best balance transfer credit cards with a 0% introductory APR period too.
Annual Fees: $0
Balance Transfer Offer: 0 % introductory APR on balance transfer and purchases for 15 months and then the ongoing variable APR of 20.49%-29.24% is applicable
Balance transfer Fee: Either $5 or 5% of the amount of each transfer
| Pros | Cons |
| No minimum redemption amount for cashback | Requires good to excellent credit score |
| No annual fees | Some cards offer better rates in specific categories |
| Greater rewards rate |
7. Citi® Double Cash Card
Being the top-rated flat-rate cashback card, Citi® Double Cash Card offers a long-lasting balance transfer APR and a simple cash-back structure. With this card, you can earn 2% cashback on every purchase 1% when you purchase something, and 1% when you pay it off. The card offers a solid cashback rate on almost all purchases along with 0% intro APR on balance transfers with no annual fee.
Annual Fees: $0
Balance Transfer Offer: 0 % introductory APR on balance transfer and purchases for an extended period of 18 months and after that variable APR of 19.24%-29.24% is applicable. Intro balance transfer fee can either be 3% or 5% for the first 4 months and after that first fee of 5% will be charged on each amount transferred
Balance transfer Fee: 5% of each balance transfer and minimum deduction will be $5 after first 4 months
| Pros | Cons |
| Introductory APR for balance transfers | Foreign transaction fees |
| No limit on the amount of cashback that can be earned | Balance transfer fees |
| No annual fees | |
| Cashback on all purchases |
8. Bank Americard® Credit Card
Another card that pops up in the list of best balance transfer credit cards offers intro APR on both purchases and balance transfers. With this card, you have the option to opt into overdraft protection. One of the greatest benefits of the card is that it charges no penalty APR and paying late won’t affect the interest rate. The card has also incorporated the latest technology and it comes with the security of a chip card with the convenience of tapping to facilitate a large userbase.
Annual Fees: $0
Balance Transfer Offer: 0 % introductory APR on balance transfer and purchases for 18 billing cycles and afterward a variable APR of 16.24%-26.24% will apply. A 3% fee is applicable on each billing cycle
Balance transfer Fee: 3% of the total amount of each transaction
| Pros | Cons |
| No penalty APR | No reward program |
| Ongoing APR is lower than most of the cards | Balance transfer fees |
| No annual fees | Foreign transaction fees |
| Intro APR is applicable on purchases and balance transfers |
9. Chase Slate Edge
The Chase Slate Edge charges $0 annual fee with 0% intro APR period on balance transfers and purchases. The card being on the list of the best balance transfer credit cards offers potential incentives for all those who pay on time. This card is a solid option for all those who want to finance major purchases and are looking for credit cards with low-interest rates. It can consolidate debt in an efficient manner and is suitable for all those who want to join the Chase ecosystem for future purchases.
Annual Fees: $0
Balance Transfer Offer: 0 % introductory APR on balance transfer and purchases for 18 months and afterward a variable APR of 20.24%-29.24% will apply. The intro transfer fee may be 3 % or 5% whichever is greater is applicable on the transfer within 60 days of account opening. After that, it’s either $5 or 5% of the amount of each transfer, whichever is greater applies.
Balance transfer Fee: Either $5 or 5% of the amount of each transfer
| Pros | Cons |
| Introductory APR for a period of 18 months | No reward program |
| Automatic review for higher credit card limit | High balance transfer fee |
| No annual fees | Greater foreign transaction fee |
10. Citi® Diamond Preferred Card
The Citi® Diamond Preferred Card offers a lengthy 0% intro APR period on balance transfers along with other decent offers on purchases. This card though offers 0% introductory period for 21 months can certainly make a dent in your debt. Not only it’s one of the best balance transfer credit cards but with this card you can get special access to purchase tickets to thousands of events including concerts, sports events etc. The downside of this card is that the balance transfer fee is pricey and does not come in the budget of individuals who want to consolidate debts.
Annual Fees: $0
Balance Transfer Offer: 0 % introductory APR on balance transfer for 21 months and 0% APR for all other purchases for 12 months and afterward a variable APR of 18.24%-28.99% will apply. Balance transfers must be completed in the first 4 months after that a balance transfer fee of $% or 5% of the amount of each transfer will be applicable
Balance transfer Fee: 5% of each balance transferred with a minimum amount of $5
| Pros | Cons |
| Introductory APR for a period for 21 months | No rewards |
| Intro balance transfer fee | Requires good to excellent credit card score |
| No annual fees and low intro rates | 3% foreign transaction fees |
| Special event access through Citi entertainment |
Frequently Asked Questions
 Is a balance transfer for credit card a good option?
Yes, a balance transfer is a good way to save additional money on interest charges. Make use of the 10 best balance transfer credit cards with low introductory APR and other cash-back rewards to pay down the debt.
 What are the benefits of 0% balance transfer cards?
The balance transfer cards are perfect for those who want to consolidate debt  and can benefit you in the following ways:
1. Help you pay off the debt faster with no interest charges in the introductory period.
2. Help you get rid of multiple payments and due dates and it becomes easy to consolidate debts using balance transfer cards.
 What is the ideal balance transfer fees?
There are no hard and fast rules for charging balance fees. Each card issuer has different criteria for charging a balance transfer fee. For the 10 best balance transfer credit cards, it is typically 3% or 5% of the amount charged. Some cards charge greater than this but it is preferable to get a balance transfer card with a low balance transfer fee.
