The Best Balance Transfer Credit Cards of 2017

Every year, millions of Americans learn a hard lesson in holiday overspending. Then they look to balance transfer credit cards for immediate relief. For years, credit card issuers have been counting on consumers in need of a balance transfer just after the new year. It's at this time of year that they tend to release their best offers.

Let's look at some of the best balance transfer cards on the market today and then take a little dive into which one is likely the best for your debt situation.

Citi Simplicity® Card - No Late Fees Ever - The Citi Simplicity currently offers the longest intro APR of any online balance transfer offer today. New cardmembers will receive a 0% intro APR on both purchases and balance transfers for 21 months. There is a 3% balance transfer fee on the Citi Simplicity and once the intro APR expires, it becomes 13.49% - 23.49% variable. This card has no annual fee but it also does not carry a rewards program, so keep that in mind when deciding which card in your wallet should be used for new purchases.

Chase Slate® - The Chase Slate is the only card on our list that doesn't carry a balance transfer fee. New cardholders will receive an intro 0% APR on purchases and balance transfers for 15 months. All balances transfers made in the first 60 days of account opening will not have a balance transfer fee (otherwise, the fee is 5%). Once the intro APR expires, the standard APR becomes 13.24% - 23.24% variable and the Chase Slate card does not have an annual fee. Like it's Citi Simplicity counterpart, this card also does not carry a rewards program.

Discover it® - 18 Month Balance Transfer Offer - Discover's best balance transfer offer comes from the Discover it, offering new customers a 0% intro APR on balance transfers for 18 months (and 0% intro APR on purchases for six months). There is a 3% BT fee when making a balance transfer and the Discover it does not carry an annual fee. Perhaps the greatest feature of this card is its cash back rewards program, dishing out 5% cashback on rotating categories throughout the year and 1% cashback on all other purchases.

Barclaycard Ring™ MasterCard® - The Barclaycard Ring MasterCard is a card you likely won't find on anyone else's balance transfer list, but I feel it's very important option. This card does not include any intro APR offer, but does have two very valuable features for cardholders who don't think two years is long enough to pay down debt. The Barclaycard Ring MasterCard offers a standard APR on purchases and balance transfers of just 8.25% and includes no annual fee or balance transfer fee. This means you can transfer your high-interest balance to a card that has a much lower APR, and pay that rate forever, not worrying about it ballooning up after the intro APR expires.

Citi® Diamond Preferred® Card- The Citi Diamond Preferred card is very similar to the Citi Simplicity in that it offers a 0% intro APR on both purchases and balance transfers for a full 21 months (BT fee is 3%). When the intro rate expires, the ongoing APR becomes 12.49% - 22.49% variable (so a little better than the Simplicity). However, the Citi Diamond Preferred card does not include the no late fee, no over limit fee guarantees and also does not include a rewards program. There is no annual fee to own the Citi Diamond Preferred.

BankAmericard® Credit Card - The BankAmericard Credit Card cracks our list with a very strong 0% intro offer on balance transfers for the first 18 billing cycles. The balance transfer fee is 3% and when the intro APR expires, the ongoing APR is one of the lowest on this list, 11.24% - 21.24% variable. The BankAmericard Credit Card has no annual fee and no ongoing rewards program.

U.S. Bank Cash+™ Visa Signature® Card - Cardholders of the U.S. Bank Cash+ Visa Signature Card will earn a $100 bonus after spending $500 in purchases during the first three months. The intro APR on balance transfers is 12 months and includes the standard 3% balance transfer fee. After the intro rate expires, the ongoing APR becomes 13.49% - 23.49% variable. There is no annual fee to own the U.S. Bank Cash+ Visa Signature Card and it includes a robust rewards program that allows you to pick your 5% cash back and 2% cash back categories each quarter.

Wells Fargo Platinum Visa® Credit Card - A 0% intro APR on balance transfers for the first 15 months is provided to all Wells Fargo Platinum Visa Credit Cardmembers (3% BT fee). Once the intro rate expires the ongoing APR becomes 15.65% - 25.49% variable (the highest on our list) so consumers should be wise to get this balance paid off ASAP. There is no annual fee to own the Wells Fargo Platinum Visa Credit Card and it does not have a rewards program.

I must be honest in telling you this market is dominated by two cards, the Chase Slate and the Citi Simplicty. These two balance transfer credit cards each have a unique feature that makes them both extremely attractive and popular. Assume a consumer has a $5,000 balance at a 21.24% interest rate and is looking to make a balance transfer (and can make a $200 per month monthly payment).

With the Chase Slate, the $5,000 balance can be transferred without a BT fee. Making $200 monthly payments during the 15-month 0% APR intro offer will reduce the balance by $3,000. The new $2,000 balance will have an APR attached (let's say it stays at 21.24%). Continuing the monthly payment of $200, a total of $2,219.39 will be paid ($2,000 principle + $219.39 interest). The total amount paid will be $5,219.39 and it will have taken a total of 27 months to do it (the last payment being only $20).

Now let's look at the Citi Simplicity card. Again, we'll assume a $5,000 balance that, when transferred will become $5,150 after a 3% BT fee. This card offers 21 months of interest-free payments, so at a $200 payment, the balance is knocked all the way down to $950. Once the BT intro offer expires, the APR will again become 21.24%. Continuing the monthly payment of $200, a total of $1,000.90 will be paid ($950 principle + $50.09 interest). The total amount paid will be $5,200.00 and it will have taken a total of 27 months to do it (the last payment being only $1)

Well, there you go. In this example, the Citi Simplicity would include a savings of about

What this example points out are two important realizations:

1. If a consumer has a balance to transfer and doesn't expect to be able to pay it all off in the 0% BT period, the longer duration is a money saver

2. If a consumer has a balance to transfer and expects to be able to pay it off entirely during the 0% BT period, then the 0 BT Fee is a money save.

Essentially, consumers are buying a little security in signing up for the Citi Simplicity. They'll pay more up front in the 3% balance transfer fee, but will receive 6 additional months of 0% interest, which can be crucial if a high balance still exists after 15 months. But no matter a consumer's credit card debt situation, all the top balance transfer cards on this list can provide a little bit of holiday spending relief.

Keep in mind that interest rates and balance transfer terms can and do change frequently. You can see an updated list of balance transfer offers here.

Note: Some of the credit card offers listed in this article are from credit card issuers from which we receive financial compensation. The opinions expressed here, however, are mine alone, not those of the credit card issuers and have not been reviewed, approved or otherwise endorsed by the credit card companies.


Best 0% Balance Transfer Credit Cards

Wells fargo 0 balance transferIf you have a significant balance on your current credit card, it makes sense to find a new credit card that will let you transfer that balance and let it sit at a 0% interest rate while you pay it off. The credit cards below all offer a zero percent balance transfer rate for a limited period of time and have no annual fee:

  • Chase Slate Visa – Offers a 0% interest rate for 15 months on transferred balances, with no fee for balances transferred within 60 days. Your APR on transferred balances after the first 15 months will be from 15.49% to 24.24%, depending on the rate you are approved at (which depends on your credit history). Note that the balance transfer fee bumps up to 5% after 60 days, so get it done early.
  • Citi Diamond Preferred Card – Offers a 0% interest rate on balance transfer for a whopping 21 months, but does have a 3% balance transfer fee. The interest rate on transferred balances after the first 21 cycles is 13.24% to 23.24% depending on what rate you are approved at (which is based on your credit history).

  • Citi Simplicity Card – Also offers a 0% interest rate on balance transfer for 21 months, with a 3% balance transfer fee. The interest rate on transferred balances after the first 21 months is 14.24% to 24.24% depending on what rate you are approved at (which is based on your credit history).
  • Bank Americard Visa – Offers a 0% interest rate on balance transfers for 18 billing cycles, provided you transfer the balance within 60 days of card opening. There is a 3% balance transfer fee. The interest rate on transferred balances after the first 18 cycles is 11.74% to 21.74% depending on what rate you are approved at (which is based on your credit history).

  • Citi Double Cash Card – Offers a 0% interest rate on balance transfers for 18 months from card opening. There is a 3% balance transfer fee. The interest rate on transferred balances after the first 18 months is 14.24% to 24.24% depending on what rate you are approved at (which is based on your credit history).
  • First National Bank of Omaha Platinum Edition Visa – Offers a 0% rate on balance transfers for 15 months, with a 3% fee on the amount of the transfer. The regular purchase interest rate on the card could be 10.49%, 15.49% or 18.49%, depending on your credit history.
  • Citizens Bank Cash Back Plus MasterCard – Offers a 0% rate on balance transfers for 15 months, 3% fee on transferred balances. Interest rate after 15 months could be 14.99%, 18.99%, or 22.99% depending on your credit history.
  • Wells Fargo Platinum Visa – Offers a 0% rate on balance transfers for 15 months, with a 3% balance transfer fee. APR after the 15 months is anywhere from 15.90% to 25.74%.
  • Choice Privileges Visa – Reward credit card for hotel chains including Comfort Inn, Clarion, EconoLodge and more offers a credit card with a 0% balance transfer offer for 15 months, for balances transferred within 45 days of getting the card. There’s a 3% balance transfer fee. Interest rate on purchases and transferred balances after 15 months is either 15.99%, 20.74%, or 25.74%.
  • KeyBank Latitude MasterCard – Offers a 0% rate on balance transfers (and purchases too) for 15 months, but with a 4% balance transfer fee. Ongoing interest rate after the first 15 months of 10.74% to 20.74% depending on your credit history.
  • Fifth Third Bank Truly Simple MasterCard – 0% interest rate on balance transfers for 15 months, and 0% on new purchases, too. 4% fee on transferred balances, though. Interest rate after those 15 months varies from 12.74% to 23.74%.
  • Chase Freedom Unlimited – 0% interest on balance transfers for 15 months BUT a 5% balance transfer fee, perhaps the highest balance transfer fee we’ve seen. Interest rate after the first 15 months of anywhere from 15.49% to 24.24% depending on your credit history.
  • Chase Freedom Card – Offers a 0% interest rate on balance transfers for 15 months from card opening (15 months on purchases, too). There is a 5% balance transfer fee. Interest rate after the first 15 months of anywhere from 15.49% to 24.24% depending on your credit history.
  • Discover It Card – Offers 0% interest on balance transfers for 14 months, but has a fee of 3% of the amount of the transferred balance. Interest rate on those balances after 14 months is anywhere from 11.74% to 23.74% depending on your credit history.
  • U.S. Bank Visa Platinum – 0% balance transfers for 12 months. The balance transfer fee is 3%. Interest rate after the first 12 months is 10.74% to 22.74% depending on your credit history.
  • BankAmericard Cash Rewards Visa – Offers a 0% interest rate on balance transfers for 12 billing cycles, provided you transfer the balance within 60 days of card opening. There is a 3% balance transfer fee. The interest rate on transferred balances after the first 12 cycles is 13.74% to 23.74% depending on what rate you are approved at (which is based on your credit history).
  • MLB Extra Bases Credit Card – Major League Baseball rewards credit card offers a 0% rate on balance transfers and purchases for 12 months. There’s a 3% fee on transferred balances, however. Interest rate after 12 months: 13.74% to 23.74%.
  • Blue Cash Everyday from American Express – Get a 0% introductory rate on transferred balances for 12 months. (3% fee on balance transfers.) 0% rate on new card purchases for 12 months also. Interest rate after the 12 months ranges from 13.74% to 23.74% depending on your credit history.
  • Amex EveryDay Credit Card – The newest American Express rewards card offers a 0% rate on balance transfers and also purchases for 12 months. 3% balance transfer fee. APR after the first 12 months ranges from 13.74% to 23.74% depending on your credit history.
  • State Farm Rewards Visa – Offers a 0% interest rate on balance transfers for 12 months (0% on purchases, too). You’ll pay a 3% balance transfer fee. Interest rate after the first year is 13.99% to 20.99% depending on your credit history.
  • AARP Rewards Visa – You get a 0% interest rate on balance transfers for 12 months with this card, but a 3% transfer fee. You get 0% on new purchases for 12 months, too. After the first 12 months the interest rate is 16.74% to 23.49%.
  • M&T Bank Visa Card – Transfer a balance at a 0% rate for 12 months, but you’ll pay a 4% transfer fee to do so. APR after 12 months ranges from 10.74% to 17.74%.

Credit One Bank® Platinum Visa® for Building Credit - See if you Pre-Qualify without harming your credit score. +This fully unsecured credit card with no deposit requirement can be helpful in growing or building credit. Your account activity will be reported monthly to all three major credit bureaus. +All the features you want in a credit card are included. Get 1% cash back on eligible purchases, take advantage of free online credit score tracking, and enjoy credit line increase opportunities. Terms apply.


Best Balance Transfer Credit Cards 2017

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There are many different ways to market a credit card. These methods range from advertising credit card benefits such as cash back or travel redemptions to advertising lower credit card expenses. This article will focus on the latter method.

Credit cards are heavily associated with annual percentage rates, or interest rates, and penalty fees. These fees often cost extra when cardholders do not adhere to proper credit card use. In other cases, these transaction fees and penalties come into play out of necessity. Cardholders who require multiple balance transfers cannot avoid these fees, which can rack up unforgivingly.

A set of credit cards are tagged for their low balance transfer rates and usually follow the same set of guidelines. They are targeted at customers who happen to rely on such transactions.

Want a head start? Compare the best balance transfer cards now!

BankAmericard Better Balance Rewards

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Intro APR: 0% for 12 mo

APR: 12.49% - 22.49%, variable

Citi Diamond Preferred Card

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Intro APR: 0% for 21 mo

APR: 12.99% - 22.99%, variable

Chase Slate Credit Card

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Intro APR: 0% for 15 mo

APR: 15.49% - 24.24%, variable

Wells Fargo Platinum Card

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Intro APR: 0% for 15 mo

APR: 15.65% - 25.49%, variable

First off, many of the best balance transfer cards lack a set of rewarding benefits. Since these cards are saving money for their holder, they do not reward their customer for continual transactions.

Think of it this way: credit cards are advertised with either awesome benefits or low-cost fees and rates. The point behind these two credit card advertisements is to save the cardholder money.

They both achieve the same result, but if they are superimposed, they end up costing the card issuer too much money. Either one or the other is offered, without much room for any middle ground.

When it comes to balance transfer credit cards they generally offer no annual fee with an introductory transaction interest rate deal.

These intro deals serve as the main headline for most of these cards.

The introductory periods are usually longer than average, and the standard rates are normally lower than average. The final result is a credit card that is not going to offer any cash returns, but is not going to break the wallet either.

Below is a list of ten impressive credit cards with excellent balance transfer rates. Most of these cards share the same characteristics, but there are some variations regarding credit benefits and overall fee structure. The cards at the start of the list require excellent credit standing in order to be considered for qualification. These credit requirements decrease as the list continues until the last cards, which require decent to poor credit.

*​All APRs listed below are current as of the date of this posting and are subject to change at any time depending on the card issuer and market fluctuation.

The Top 10 Balance Transfer Credit Cards for 2017

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Balance Transfer Fee: ​$5 or 3% - whichever is greater

Balance Transfer APR: ​0% for first 21 months, 12.24% - 22.24% after

Other Fees: ​NO annual, $35 late, $10 or 5% cash advance

This credit card takes the top spot among its rivals as the card with the lowest balance transfer annual percentage rate and fees. The card is unique in its own right due to its absurd introductory APR period (it pushes almost two years). Both regular purchase and balance transfer APRs are set at 0% for the first 21 months with the Diamond Preferred Card. Afterwards, this introductory rate is nullified, which leads to a range of new potential APRs.

This new range starts at a low end of 12.24% and tops off at 22.24% for both regular purchases and balance transfers. Other APRs include the cash advance rate as well as the penalty APR. The former rate is 25.49% while the latter is 29.99%.

Another important aspect of this card are transaction fees. The balance transfer fee is either $5 or 3%; the charge that generates the largest fee is used depending on each case. There are two different cash advance fees of either $10 or 5%; these charges work the same way as the balance transfer fee. Transactions made abroad are accompanied by a 3% foreign transaction fee. On a side note, returned and late payments are charged up to $35. Additionally, there is no annual fee for having this card.

Now that the rates and fees are out of the way, there are a couple of convenient things to mention about this Citi credit card. This card comes with EMV chip technology, which is the up-and-coming global transaction technology. Speaking of around the world, cardholders can take advantage of various travel and emergency assistance systems; additionally, accident and car rental insurance are provided abroad. On top of all this, all purchases with a manufacture warranty are protected by Citi Bank. The card comes with assurances relating to fraud and theft with $0 liability on unauthorized charges as well as theft protection.

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Balance Transfer Fee: $5 or 3% - whichever is greater

Balance Transfer APR: 0% for first 21 months, 13.24% - 23.24% after

Other Fees: ​NO annual, NO late, $10 or 5% cash advance

Citi Bank claims the first and second place on this list in terms of balance transfer rates with their Citi Simplicity Credit Card. This card shares the same introductory APR rate as its fellow Citi product in first place. For the first 21 months with the card, users can enjoy 0% APR on balance transfers and regular purchases. The major difference between this deal and the Diamond Preferred deal is the APR after the introductory period.

The balance transfer and regular purchase APRs jump up to a range between 13.24% and 23.24%. These rates are slightly higher than the Diamond Preferred card. There are more differences in terms of penalty and cash advance APRs. Instead of one rate, the cash advance APR sits between a range of 13.24% and 23.24%, which is the same as balance transfers and regular purchases without the introductory period. Instead of a 29.99% penalty APR, the Simplicity Credit Card has no penalty APR.

There is one major difference between the Simplicity Card and the Diamond Preferred Card when it comes to additional fees. The Simplicity Card has no penalty fee for late payments while the Diamond Preferred Card does. All other rates are the same. Balance transfer fees are either $5 or 3%, and cash advance fees are either $10 or 5%. While there are two rates, only one is used dependent on the fee total. Foreign transactions are charged 3%, and penalties on returned payments run up to $35. One more thing, the annual fee is $0.

The Simplicity Card offers many of the standard perks that come with a Citi Credit Card. Like its Diamond counterpart, the Simplicity Card has EMV chip technology, which is used around the world for additional security. There are assistance hotlines when it comes to travel or emergency assistance; additionally, car rental insurance is provided across the globe. There are purchase guarantees such as extended manufacture warranties and fraud protection.

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Balance Transfer Fee: $10 or 3% - whichever is greater

Balance Transfer APR: ​0% for first 18 months, 11.24% - 21.24% after

Other Fees: ​NO annual, $37 late, $10 or 3% cash advance

Despite the top two sweep by Citi bank, Bank of America has a competitive credit card in terms of balance transfer rates. The rates may not be as good as what Citi offers, but this credit card deservedly takes third place among the best balance transfer credit cards.

There is an introductory period for the balance transfer APR (the rate is 0%) that lasts for 18 months from the opening of an account. After this period ends, the balance transfer rate has upper and lower bounds of 21.24% and 11.24%. This same range is used for the regular purchase APR, but the introductory period deal is not offered. There are two cash advance APRs. First, there is a range for direct deposit and check cash advances; this range is 14.24% to 24.24%. Second, bank cash advances have an APR of 25.24%. The penalty APR is 29.99%. Each of these annual percentage rates are variable.

There are plenty of fees to list for various different transactions and instances. First off, there is no annual fee, which is always a positive. There are multiple different rates when it comes to some transactions. While there are two different rates, there is only one charge; it just depends on which rate generates a greater fee. For wire transfers, a charge of either $10 or 5% is assessed. For balance transfers, either $10 or 3% is charged. There are a couple of rates for different cash advances. Direct deposit and check cash advances are charged $10 or 3%. Over the counter or ATM cash advances are charged either $10 or 5%. There is also a foreign transaction fee of 3%. Late payments are charged $37 while returned payments are charged $27.

Since the Americard does not come with too many benefits, its best highlights are the standard perks that come with all Bank of America cards. These perks normally include fraud protection and online purchase security. Cardholders can reach their bank account information with simple text messages. There is also chip technology, which is becoming one of the standard technological improvements on credit cards.

This card is a decent product in terms of reducing additional expenses such as balance transfer fees. Low fees are always a positive, but this card lacks some benefits, which seems to be typical for top performing cards in this category.

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Balance Transfer Fee: 3%

Balance Transfer APR: 0% for first 12 months, 11.24% - 23.24% after

Other Fees: NO annual, $10 or 5% cash advance, $37 late fee

Discover claims fourth place on this list with their Discover it Credit Card. It offers good balance transfer rates compared to the credit card pack, but not quite as extensively as the top three on this list.

When cardholders open up an account with this card, they experience a 0% introductory balance transfer and cash advance APR that lasts for 12 months. After the bonus deal period ends, the APR for both types of transactions increases to between 11.24% and 23.24%. The standard cash advance APR is 25.24%. Luckily, there is no penalty APR with the Discover it Card. Each of these rates are not fixed; in fact, they are all variable depending on the market.

What would a credit card be without its penalties and fees? It would be pretty awesome, but that is not the case for all credit cards. The Discover it Credit Card has no annual fee, which is great. There are not too many transactions fees as well. There is a flat balance transfer fee of 3%. The cash advance fee is either $10 or 5%, one rate between the two is chosen depending on which has a higher value. The first late payment does not warrant a charge, but afterwards, late payments can be charged up to $37.

This credit card is the first one on this list to offer some sort of rewards program, which is a huge positive. There are several cash back offers that come with this card. First, there is a special bonus cash back rate on category purchases. This rate is 5%, and it is updated every quarter of the year. All other purchases are subject to a 1% cash back rate. At the end of the first year of obtaining this card, all of the accrued cash back is doubled due to the cash back match offer from Discover. They basically award the cardholder with a cash reward equal to the amount of cash back accrued over the first year.

While this card comes in fourth place, it is much more comparable to the top three due to its cash back benefits. The top three do not come with special rewards while this card does. Potential cardholders must choose between low balance transfer costs or cash back rewards when considering this product.

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Balance Transfer Fee: $5 or 3% - whichever is greater

Balance Transfer APR: 0% for first 18 months, 13.24% - 23.24% after

Other Fees: NO annual, $10 or 5% on cash advances, $35 late

Citi bank outdoes itself on this list with its third product appearance. This time, Citi Double Cash Card offers a low balance transfer rates and cash back rewards.

Starting its fees and annual percentage rates, there is an introductory balance transfer APR of 0% which is applicable for the first 18 months. This rate increases to a range of 13.24% to 23.24% after this introductory period. While the regular purchase APR lacks the introductory rate, it has the same range as the balance transfer. Cash advance APR is set a 25.49%, and the penalty APR is 29.99%, both are variable.

Several fees for several different transactions and occasions apply. The balance transfer fee is decided between two rates: a flat rate of $5 or a rate of 3%. When cash advances occur, fees of either $10 or 5% are charged to the account. When foreign transactions take place, a charge of 3% is applicable. While the first late payment fee is waived, these charges generally cost $35; returned payments are always going to be a maximum of $35. Despite these fees, there is no annual fee for being a member.

Out of the three Citi credit cards on this list, this is the only one with any sort of rewards system. All purchases get one cent on the dollar in cash back returns (or 1% cash back). When account balances are being paid off, Citi awards a 1% cash reward on the debt payments. The net result is double cash back, which explains the title of this card. Here is an example. Spending $1,000 gets $10 in cash back; paying that $1,000 off gets another $10. The end result is $20 in cash back rewards.

This product is another mix between credit card rewards and low transaction fees. It makes for a good balance for someone who wants to get a little more out of their credit card. The cash back rewards system is a pretty decent one since it basically offers 2% on all transactions if handled properly.

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Balance Transfer Fee: $0 for first 60 days, $5 or 5% after

Balance Transfer APR: 0% in

Other Fees: NO annual, $10 or 5% cash advance, $37 max late

Chase bank takes the number six spot on this list with the Chase Slate Credit Card. It is another card that is centered around offering low transaction fees and APR since it does not have any enticing benefits.

A somewhat unique introduction period and deal is offered with the Slate Card; for instance, balance transfer and regular purchase APR is 0% for the initial 15 months. After this introduction period terminates, these rates fall in between a range of 13.24% and 23.24%. When a cash advance or overdraft advance occurs, an APR of 25.24% is applied. There is no specific penalty APR with this card. As always, all of these rates are market dependent.

There are several stipulations involved with the transaction fees. The first balance transfer that occurs is not charged a fee (provided that it occurs within the first sixty days of opening an account); after that, a charge of either $5 or 5% is applied to the transfer amount. Cash advance fees are either $10 or 5%. Foreign transaction fees are charged 3%.

There are some specific guidelines for late payment fees. Late payments on balances less than $100 can be charged up to $15. For a balance between $100 and $250, a maximum penalty of $27 is applicable. Finally, for payments over $250, there is a maximum fee of $37. There are no such stipulations for returned payments; these fees run up to $37 for any amount. Aside from these transaction fees, there is no annual fee to worry about.

Since the main benefit of this card is its low balance transfer fees, there are no special benefits offered to cardholders. They still get the usual benefits that all Chase customers get such as free credit scores and fraud protection.

Overall, this is a decent card with limited hurtful penalties, but it lacks benefits which are highly sought after. The low APRs and potential fees are what drives this card to number six on this list.

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Balance Transfer Fee​: $5 or 3% - whichever is greater

Balance Transfer APR​: 0% for first year & 12.24%, 20.24%, or 25.24% after

Other Fees: NO annual, $10 or 5% cash advance, $37 late max

JetBlue, a popular airline company, has partnered up with Barclays to offer one of the top ten credit cards in terms of balance transfer expenses. The JetBlue Card happens to be one of the credit cards on this list with some of the most benefits; additionally, these benefits are meant for travel, which makes this the only travel-oriented card on the list.

Before having to worry about the balance transfer APR, cardholders have a 0% APR for the first year with the JetBlue Card. When this year is up, the APR converts to a new rate. These rates are applicable for both balance transfers and regular purchases, and there are three possible rates: 12.24%, 20.24%, and 25.24%. The cash advance annual percentage rate is 25.49%.

While there is no annual fee with the JetBlue credit card, there are typical transaction fees to consider. Balance transfers are vulnerable to a $5 or 3% charge on every transaction. A similar, but increased fee of $10 or 5% is used for cash advances. Cardholders need not worry about a foreign transaction fee (one of the only cards on this list); additionally, there is no annual fee with this card. Late fees and returned payment fees vary by state, but none of them exceed $37.

This card has the best set of benefits on this list; additionally, it is the only travel benefits card here as well. Instead of cash back, cardholders get bonus miles that are redeemable towards travel expenses. There is an intro offer with the JetBlue card: 10,000 points for spending $1,000 within the first three months of getting the credit card.

In addition to this bonus, there are several different rates of return on purchases. Users earn three miles per dollar spent with JetBlue products. Two points per dollar are awarded for purchases at grocery stores and gas stations, and one point is awarded for every dollar spent on all other purchases.

Despite its place on this list, the JetBlue Credit Card is one of the few cards here that offers a set of credit card rewards. Additionally, it is the only travel credit card on this list. The combination of low balance transfer expenses and travel benefits makes this card a decent competitor in the pack.

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APR: 0% for first 6 months & 15.24%, 20.24%, or 25.24% after

Balance Transfer Fee: 0% for first 15 months, $5 or 3% after

Balance Transfer APR: 0% for first 15 months & 15.24%, 20.24%, or 25.24% after

Other Fees: NO annual, $10 or 5% advance, $37 max late

The ever popular National Football League is teamed up with the prominent Barclays in order to provide a product geared towards football fans. It just so happens that the product of this partnership has some of the lowest balance transfer rates on the market; additionally, this is one of the few cards with a rewards package.

During the first six months with the NFL Extra Points Credit Card, there is an introductory APR for regular transactions of 0%; afterwards, this rate becomes either 15.24%, 20.24%, or 25.24%. Balance transfers follow the same stipulations, except the introductory period is extended to fifteen months. The cash advance APR lacks an introductory rate, but it is set around 25.49%. Each of these rates are variable.

Holding onto this card does not require any annual fee, but there are several usual fees to keep track of. First, balance transfers cost about $5 or 3% per transaction; additionally, cash advances cost either $10 or 5%. Cardholders who are abroad will be charged a 3% foreign transaction fee. Late payments and returned payments all cost a maximum of $37.

There are several enticing benefits related to National Football League with this credit card. Cardholders receive 10,000 bonus points for spending $500 within the first three months of opening an account (10,000 points equals $100). Two bonus points are earned for NFL product purchases while one point is awarded for all other purchases. These points are redeemable for NFL rewards or general cash back. With this card, NFL fans can get 20% off all NFL purchases.

The avid National Football League supporter may do well to invest in this card since it offers so much in terms of NFL discounts and benefits. The low balance transfer rates are a key supporting factor for the rewards package offered by the NFL and Barclays.

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Balance Transfer Fee: $5 or 3% during first 15 months, $5 or 5% after

Balance Transfer APR: 0% for first 15 months, 15.40% - 25.24% after

Other Fees: NO annual, $10 or 5% cash advance, $37 late max

While Wells Fargo's version of a Platinum Credit Card does not necessarily have "platinum" benefits, it fares well in the realm of balance transfer fees and annual percentage rates. This credit card is meant for customers in the market for a low-cost credit card who cannot qualify for a card with extensive benefits.

Starting with the reason this card is listed, there are solid introductory deals for balance transfer and regular transaction APRs. For both transaction types, there is a fifteen month period where the APR is set at 0%; afterwards, this rate is increased to some value falling between 15.40% and 25.24%. There is also a range for cash advance APR which settles between 24.24% and 26.24% (though no intro period is offered).

There are a couple of fees and charges that come standard with Wells Fargo credit card products. Since this card has limited rewards, there is no annual membership fee for the Platinum Card. There are a couple of unique fee stipulations for certain transactions to consider.

For balance transfers that occur within the introductory period, a fee of either $5 or 3% is charged. After this intro period, the fee is 5% for balance transfers. Cash advance fees are either $10 or 5% of the transaction amount. There are a couple of overdraft charges as well. $12.50 is charged for over-drafted balances under $50; balances over this amount are charged $20. Foreign transactions are charged 3%. Penalty fees on late and returned payments are up to $37.

It was mentioned earlier that this card lacked benefits, but there are still standard perks for having a Wells Fargo Credit Card. Wells Fargo guarantees fraud protection, so customers will not be charged if their account information becomes compromised. Additionally, there is chip technology with the Platinum Card which makes it more compatible worldwide.

Overall, this card offers good deals when it comes to balance transfer expenses. If one can look past the total lack of benefits and rewards, then this card can be considered an excellent deal.

Wells fargo 0 balance transfer

APR: 10.99% during first 6 months, 23.24% after

Balance Transfer Fee: 3%

Balance Transfer APR: 10.99% during first 6 months, 23.24% after

Other Fees: NO annual, $10 or 5% cash advance, $37 max late

Despite the fact this is a secured credit card, Discover offers a top of the line product for people with terrible credit. It technically has more benefits than some of the credit cards on this list; however, it is on this list due to its low balance transfer rates and expenses.

This secured credit card starts out with one introductory deal for balance transfers. For the first six months with this card, there is a 10.99% APR on balance transfers. This rate is increased to 23.24% after the intro period; this same rate is used for regular purchases without the introductory period. The cash advance APR is set at 25.24%, which is slightly higher compared to the other two rates.

There are plenty of standard fees that cannot be forgotten, but there is also a security deposit to keep in mind. Starting with this security deposit, cardholders are required to submit a deposit before receiving the card. The deposit amount defines the credit limit on the card, which is an important aspect of this product.

There are a few and simple fees with this credit card. No annual fee can be expected by cardholders. A simple fee of 3% is applied to all balance transfer transactions. The cash advance fee is either $10 or 5% depending on which is greater. Late and returned payments amount to $37, but the first late payment does not warrant a fee. No foreign transaction fee is listed with the secured credit card from Discover.

This card is popular because it is one of the few secured credit products that provides ample rewards. There are two cash back rates on this card: 2% back at restaurants and gas stations and 1% back on all other purchases. On top of these rates, Discover matches all accrued cash back after the first year, which effectively doubles the rewards for the first year. It has been mentioned before, but these types of benefits are rare for a secured credit card.

At the end of the day, this credit card offers low balance transfer rates with an unprecedented set of benefits. It is one of the best secured credit cards on the market since it breaks from the norm of its category. Better benefits can be gained from other cards, but for those who need a secured credit card, this is the one to go with.


Top 5 Zero Percent Credit Card Offers For August 2017

We are on a mission to uncover the best balance transfer credit card promotions for 2017! Finding credit cards offering zero percent interest for 12 to 18 months allows consumers to lock in a 0% card offer until 2018. These promotional credit card balance transfers can help save hundreds to thousands of dollars of interest expenses. Most financial planners and investment advisors agree on the concept of improving cash flow to focus on paying off higher interest debts to reduce your overall debt flow. By focusing extra cash on higher interest expenses and bringing these balances down you are able to reduce your overall interest expenses and lower balances by having more money that is directed to the principal balance. The good news is that almost every major bank (AMEX, Bank of America, Chase, Citi, Discover) has a credit card balance transfer promotion for 2017! By reviewing multiple card offers you can determine which credit card offer makes the most sense for your personal situation and financial goals. Should you lock in a zero percent interest rate for 18 months, or is it more advantageous to take a shorter term promotional card offer, but lock in a balance transfer that includes a zero percent or reduced fee to transfer over the credit card balance.

Balance Transfer Offers From Leading Banks Updated Daily in 2017

Our team of financial writers is constantly searching for great promotional credit cards and balance transfer offers. We recognize that every potential applicants situation is unique. Whether you are recently retired on a fixed income, working at a job on Wall Street or just starting out as a college student your needs for a balance transfer card promotion may be different. Students are starting classes all across the country and beginning to make financial decisions with student loans, housing expenses and for many their first credit cards. Finding the right credit card is an important first step towards building up a credit score and financial independence.

Save Money By Locking In A Great Deal At 0% For 12 to 18 Months

Saving money is paramount to everyone’s personal financial goals. One of the best ways to accomplish saving money is to pay less interest on the money you have previously borrowed and the credit that is owed to banks and lenders. That is where the editorial team from Balance Transfer Zero Percent Deals comes in to help. Our team of writers is constantly reviewing credit card offers and promotions from leading banks (American Express, Chase, Citi Cards, Discover) to help find credit card deals that help borrowers save money. Locking in a balance transfer deal at zero percent interest for six months to twenty one months in length can greatly reduce your interest expenses and save money, which can be used to pay other high interest bills or pay off your credit card debts that much quicker!

Wells fargo 0 balance transfer

The tough competition has caused many credit card companies to offer 0% APR rate for their cards. The following is the top 5 credit cards that feature 0% APR rate for purchases and balance transfers for May 2017.

Chase Slate is offering 0% APR for purchases and balance transfer and it also waive the annual fee during the entire introductory duration of 15 months. After the 15 months introductory period is over, you will pay the regular APR of 13.24% – 23.24%. It does not charge any penalty APR so you don’t have to pay more interest and see a drop in your credit score if you fail to pay by the due date. The FICO score report is provided to you for free every month.

Wells fargo 0 balance transfer

Citi Simplicity is one of the few cards with an ultra long introductory period of 21 months. It does charge a 3% fee when you use the card for balance transfer. The regular APR of 13.24% – 23.24% applies after the 21 months introductory period. Citi Simplicity charges $0 annual fee which means you have more spare money to use for paying the debt. It does not charge any late fee or penalty fee but your credit score will take a plunge if you miss a payment. Besides, Citi Simplicity also charge a 3% foreign transaction fee so you may want to use another card for paying for your purchases overseas.

3. Capital One Platinum Prestige

Capital One Platinum Prestige card offers 0% APR on both purchases and balance transfer for up to 15 months. Once the 0% introductory period has passed, the ongoing variable APR of between 10.9% – 20.9% applies. There is no annual fee but it charges a 3% fee whenever you transfer a balance. The Platinum Prestige features the Credit Tracker to allows you to keep track of your credit score. Other features of the card are $0 liability for fraud charges, rental insurance and price guarantee.

Top Zero Percent Credit Card Deals Reviewed Every Month!

Chase Freedom offers 0% APR for up to 15 months and this zero interest applies to both purchases and balance transfer. Chase Freedom is one of the few balance transfer card that offer sign up bonus. It allows you to earn up to 5% cash back when you spend money on quarterly bonus for the first $1,500 you spend. The 1% cash back rate applies for the rest of the amount of money you spend with the credit card. The card has no annual fee but it does not charge a 3% foreign transaction fee.

Review The Best Promotional Card Offers Including 0% Deals Through 2017

Wells fargo 0 balance transfer

Discover It card offers 0% introductory APR for a period of 6 months on purchases and 18 months for balance transfer. If you use the Discover it card for balance transfer, you will be charged with a 3% fee for every transfer you make. You get to earn 5% cash back on the rotating categories for up to $1,500 er quarter. Other spending on the card will receive a 1% cash back. The card does not charge any penalty APR or foreign transaction fee. Apply For This Offer, powered by CardRatings

If you are interested in applying for one of the cards above, make sure you visit the official site to get in-depth information on the features and fees. If you have any question, you must not hesitate to dial the toll free number to talk with the customer representative.

Review 0% Promotions From Amex, Bank of America, Barclay, Capital One, Chase, Citi, Discover, Wells Fargo

Exciting News, through our partnership we are now able to better review and promote credit cards with Wells Fargo! One of the top card offers to consider for 2017 for both purchases and refinance offers is the Wells Fargo Propel Account. This card offers some really cool features, including 0% interest promotions for balance transfer and purchases. If you are looking for a longer tern balance transfer credit card, the Wells Fargo Platinum Visa Card are offering promotional offers at 0% for up to 15 months! Stay tuned as we review the top card promotions of 2017! and search for the best deals on credit cards from leading banks, credit unions and card providers!

With so many great credit card offers it can often become a challenge to know which credit card offer makes the most sense for your financial situation. With dozens of promotional card offers extending a zero percent promotion through 2018, it makes sense to evaluate other factors when you are comparing balance transfer credit cards. Some of the key questions that consumers who are looking for a great 0% credit card deal should be considering are:

  • What are the fees associated with the balance transfer promotion
  • What will you be using the balance transfer credit card (travel, everyday expenses, business expenses
  • Can you lock in zero percent for 12 months, 15 or 18 months, which option offers you the best return when you factor in any of the upfront credit card fees
  • American Express, Visa, Mastercard of Discover, which card offers the best affiliation and perks for your spending habits

    Great Promotional Credit Cards For Borrowers With Average, Good and Excellent Credit Histories

    Some of the most popular zero percent credit cards that are available (listed below) come with some great cash back and reward options. These credit cards share one thing in common, they have great limited time promotional zero percent options on purchases or balance transfers. We will be reviewing these cards in depth in 2017 to help identify the top cards for consumers with all credit backgrounds to help make sure you are applying for the best credit card for your unique situation.

    Citi® Diamond Preferred®Card

    Citi Simplicity®Card – No Late Fees Ever

    Citi® Double Cash Card – 18 month BT offer

    Citi ThankYou®Preferred Card

    Chase Freedom® $150 Bonus

    Chase Freedom Unlimited

    Wells Fargo Propel American Express? Credit Card

    Wells Fargo Cash Wise Visa® Credit Card

    Wells Fargo Platinum Visa® Credit Card

    Discover it® – Cashback Match™

    BuyPower Card from Capital One®- Get The Card That Helps You Get The Car

    Capital One®VentureOne®Rewards Credit Card

    Blue Cash Preferred® Card from American Express

    Blue Cash Everyday®Card from American Express

    BankAmericard Cash Rewards™ Credit Card

    Susan G. Komen®Credit Card

    BankAmericard Travel Rewards® Credit Card

    The Amex EveryDay®Credit Card from American Express

    The Amex EveryDay® Preferred Credit Card from American Express


    0% Balance Transfer Credit Cards: Pay Zero Interest As Long as 24 Months!

    Wells fargo 0 balance transfer

    0% Balance Transfer = Lots of Money Saved!

    When shopping for a credit card balance transfer, more often than not you’ll be looking for the lowest interest rate possible. Fortunately, we know zero is the lowest number out there. And so a “0% APR balance transfer” is essentially the crème de la crème of credit card balance transfers because you pay zero interest for a certain period of time (the longer the better).

    Put simply, a 0% APR balance transfer credit card can save you a lot of money if you currently hold high-APR credit card debt because it’s essentially a temporary interest-free credit card that gives you a break from finance charges.

    As a result, every dollar you pay during the promotional period should go toward reducing the outstanding balance, as opposed to interest. This way you can actually tackle the debt.

    To take advantage of these 0% intro balance transfer offers, just move your existing balance(s) to one of the cards below (or a similar one) and it will pay off the balance.

    The transferred balance will then be with the new credit card company but subject to zero percent APR for the introductory period. It’s super easy to do!

    Take a look at the offerings from the largest national banks and credit card issuers in the list below.

    Note that these are just the 0% interest credit card offers from the big guys – there are smaller local institutions and regional credit unions that also offer 0% APR balance transfers, so be sure to consider those as well.

    Offers can change frequently so be sure to check back often and do a lot of research to find the right offer for your situation.

    0% Interest Balance Transfer Credit Card Offers:

    Below I have listed one 0% APR balance transfer offer from each of the big credit card issuers. If you click through on an individual offer you’ll see all of those company’s 0% APR offers. They are grouped by longest to shortest 0% APR for convenience sake.

    The longest 0% APR period for balance transfers is 24 months, or two years. If and when a credit card issuer offers 0% APR for 36 months it will be listed here. Just don’t hold your breath…

    List last updated on July 16th, 2017.

    Santander Bank Sphere Card – 0% APR for 24 months on balance transfers, no annual fee, transaction fee of $10 or 4%, whichever is greater, for each balance transfer.

    Citi Simplicity® Card – 0% APR on purchases and balance transfers for 21 months with a 3% fee.

    Discover it Card – 0% APR on purchases for six months and 0% APR for 21 months on balance transfers with a 3% fee.

    BankAmericard Cash Rewards Credit Card – 0% APR on purchases and balance transfers for the first 18 billing cycles with a 3% fee ($10 minimum).

    Bank of Hawaii Visa – 0% APR for 18 months on balance transfers & purchases with a 4% fee ($10 min) and no annual fee.

    Citi Double Cash Card – 0% balance transfer for 18 months with a 3% balance transfer fee. No annual fee.

    HSBC Platinum MasterCard® credit card – 0% APR on purchases and balance transfers for the first 18 months from account opening with a balance transfer fee of 4% or $10 (whichever is greater).

    Amex EveryDay® Credit Card – 0% intro APR on purchases and balance transfers for 15 months. Greater of $5 or 3% of the amount of each transfer.

    Auto Club Member Rewards Visa – 0% APR for 15 months on both purchases and balance transfers with a 3% balance transfer fee ($10 min).

    Barclaycard CashForward World MasterCard – 0% balance transfer for 15 months (if made during first 45 days of account opening), 3% fee, $0 annual fee.

    Barclaycard Ring MasterCard – 0% APR for 15 months, no balance transfer fee (first 45 days) or annual fee.

    BB&T Bright Card – 0.00% introductory APR for fifteen months with a 3% balance transfer fee ($10 min) and no annual fee.

    Chase Freedom Unlimited – 0% APR for 15 months on purchases and balance transfers with a higher 5% balance transfer fee but no annual fee. $5 minimum fee.

    Chase Slate No Fee Balance Transfer – 0% APR for up to 15 months on balance transfers (and purchases) NO balance transfer fee.

    Fifth Third Bank Platinum Card – 0% introductory APR on purchases and balance transfers for the first 15 billing cycles with a 4% balance transfer fee (min $5) and no annual fee.

    Fifth Third Truly Simple Credit Card – 0% APR for 15 months on purchases and balance transfers with a 4% balance transfer fee, minimum $5. No annual fee.

    KeyBank Latitude MasterCard – 0% APR for 15 billing cycles on balance transfers (made within first 60 days) and purchases with a 4% balance transfer fee ($10 min) and no annual fee.

    MasterCard Gold Card – 0% APR for 15 months with a 3% balance transfer fee, but there’s a kicker for this metal credit card; a $195 annual fee!

    MasterCard Titanium Card – 0% APR for 15 months with a 3% balance transfer fee, 24k gold-plated credit card with a drum roll…$995 annual fee!

    PNC Bank Core Visa – 0% APR on balance transfers and purchases for 15 billing cycles, balance must be transferred in first 90 days from account opening, no annual fee, 3% balance transfer fee ($5 min).

    SunTrust Cash Rewards – 0.00% introductory APR for the first 15 months on purchases and balance transfers with a 3% balance transfer fee (min $10) and no annual fee.

    Upromise World MasterCard – 0% APR balance transfer for 15 months when made during first 45 days of account opening. 3% balance transfer fee, $0 annual fee.

    Wells Fargo Cash Wise Visa Credit Card – this new credit card offers 0% APR for 15 months on balance transfers with a 3% fee ($5 min) and no annual fee.

    Wells Fargo Platinum Visa – 0% APR for 15 months on purchases and balance transfers, no annual fee, and a 3% balance transfer fee ($5 minimum).

    Wells Fargo Propel American Express – 0% APR for 15 months on balance transfers with a 3% balance transfer fee ($5 minimum). No annual fee.

    Citi AAdvantage Platinum Select MasterCard – 0% APR for a rather random 14 months on both purchases and balance transfers with a 3% fee ($5 minimum).

    Associated Bank – 0% APR for first 12 billing cycles on purchases and balance transfers with a 3% balance transfer fee ($5 min) and no annual fee.

    Astoria Bank Maximum Rewards Visa – 0% APR on purchases/balance transfers for 12 billing cycles, 3% fee (min $10) and no annual fee.

    BankUnited Visa Platinum – 0% APR for 12 billing cycles on balance transfers with no annual fee and a 3% balance transfer fee ($15 min).

    Barclaycard CashForward World MasterCard – 0% APR for first 12 months if you transfer a balance within first 45 days of account opening. 3% fee, $5 minimum.

    BBVA Compass ClearPoints Visa – 0% APR for one year with a 4% balance transfer fee ($10 min) and no annual fee.

    BMO Harris Bank Platinum MasterCard – 0% APR for 12 months on balance transfers with a 3% fee ($10 min) and no annual fee.

    Chemical Bank Platinum Edition MasterCard – 0% introductory APR during the first 12 billing cycles on purchases and balance transfers with a 3% balance transfer fee ($10 min) and no annual fee.

    Citizens Bank Clear Value MasterCard – 0% APR on balance transfers for the first 12 billing cycles with a 3% fee (min $10) when executed within the first four months of account opening, no annual fee.

    Comerica Bank Platinum Visa – 0% APR for the first 12 billing cycles on purchases and balance transfers with a 3% balance transfer fee ($5 min) and no annual fee.

    Commerce Bank Royals MasterCard – 0% introductory APR on purchases and balance transfers for 12 monthly billing cycles, $0 annual fee, 5% balance transfer fee (min $10).

    Community Bank – 0% APR for the first 12 billing cycles on purchases and balance transfers with a 3% balance transfer fee ($10 min) and no annual fee.

    East West Bank Platinum Visa – 0% APR for first 12 billing cycles on purchases and balance transfers with a 3% balance transfer fee ($5 minimum), no annual fee.

    First Bank Platinum Edition MasterCard – 0% introductory APR during the first 12 billing cycles on purchases and balance transfers with a 3% balance transfer fee ($10 min) and no annual fee.

    First Citizens Bank Smart Option Visa – 0% intro APR for first 12 billing cycles on balance transfers with no annual fee and a 3% balance transfer fee ($5 minimum fee).

    First Merit Platinum Rewards MasterCard – 0% APR for 12 months on purchases and qualified balance transfers with no annual fee and waived balance transfer fee during first 30 days!

    First Midwest Bank Platinum Visa – 0% APR for 12 billing cycles on purchases and balance transfers with a 3% balance transfer fee ($10 min) and no annual fee.

    First National Bank of Omaha Amex – 0% APR for 12 billing cycles on purchases and balance transfers, 3% balance transfer fee ($10 min), no annual fee.

    First National Bank Texas – 0% APR during first 12 billing cycles on purchases and balance transfers with a 3% balance transfer fee ($10 min) and no annual fee.

    First Niagara Platinum MasterCard – 0% introductory APR on balance transfers for 12 months, 4% balance transfer fee ($10 min), $0 annual fee.

    First Tennessee Visa Platinum – 0% APR for 12 months, no balance transfer fee, no annual fee!

    Flagstar Bank Visa Platinum – 0% APR for 12 billing cycles on purchases and balance transfers with a 3% balance transfer fee ($5 min) and no annual fee.

    Huntington Voice MasterCard – 0% intro APR for twelve billing cycles on balance transfers, 3% balance transfer fee ($10 min), no annual fee.

    IBC Bank Visa Platinum – 0% APR on purchases and balance transfers for the first 12 months with a 3% balance transfer fee (min $5) with no annual fee.

    M&T Visa Credit Card – 0% introductory APR on balance transfers for 12 months, no balance transfer fee until March 31st and no annual fee! Act fast!

    MB Financial Bank – 0% APR on balance transfers for 12 months if completed during first four months of account opening, no annual fee, 4% balance transfer fee ($10 min).

    Regions Visa Platinum – 0% APR on purchases and balance transfers for the first 12 months with a 4% balance transfer fee (min $10) with no annual fee.

    State Farm Good Neighbor Visa – 0% balance transfer for 12 billing cycles with a 3% transaction fee and $0 annual fee.

    TCF Bank Platinum Visa – 0% APR on purchases and balance transfers for the first 12 months with a 3% balance transfer fee (min $10) with no annual fee.

    TD Cash Visa – 0% APR for 12 billing cycles on balance transfers with a 4% fee (min $10) and no annual fee. Minimum balance transfer request is $250.

    The JetBlue Card – 0% APR for 12 months if balance transfer completed in first 45 days, 3% fee with $5 min.

    USAA – 0.0% introductory APR for 12 months with a 3% balance transfer fee, no minimum but a $200 maximum, which could come in handy. No annual fee.

    U.S. Bank Visa Platinum – 0% intro APR on purchases and balance transfers for first 12 billing cycles, $0 annual fee, 3% balance transfer fee (minimum $5).

    UMB Dynamics ePlate Visa Card – 0% balance transfer for 12 months with a 3% balance transfer fee and no annual fee. And a weird LED light on the front of the card.

    Zions Bank AmaZing Rate Visa – 0% APR on balance transfers for 12 months, 0% APR on purchases for six months, 3% balance transfer fee ($10 minimum), no annual fee.

    0% APR Credit Cards for Nine Months

    Capital One QuicksilverOne – 0% APR for nine months with no balance transfer fee (annual fee of $39).

    0% APR Credit Cards for Seven Months

    Regions Visa Platinum – offers a very random seven months of 0% APR on balance transfers with no annual fee and a 4% balance transfer fee (minimum $10). I didn’t say it was a particularly good deal…

    0% APR Credit Cards for Six Months

    Dollar Bank Low Rate Credit Card – 0% APR for six months on purchases and balance transfers with just a 1% balance transfer fee ($5 min) and no annual fee! Available to consumers in Ohio and Pennsylvania only.

    First Niagara Standard Rewards MasterCard – 0% APR for six months on balance transfers, 4% balance transfer fee ($10 min), $35 annual fee, which is waived the first year.

    Schwab Investor Card from American Express – 0% APR for six months on both purchases and balance transfers, 3% balance transfer fee with a minimum of $5, no annual fee.

    Trustmark Visa Platinum – 0% APR for six months on balance transfers and purchases, no balance transfer fee, no annual fee.

    Let’s look at an example of a 0% APR balance transfer credit card:

    Credit card balance: $2,000 @20% APR

    Balance transfer offer: 0% APR for 12 months

    Balance transfer fee: 3% of balance, $10 minimum, no maximum

    APR after balance transfer period: 12.99%

    Assuming you accept this rather common 0% APR balance transfer offer, you’ll be able to avoid paying finance charges (interest) on your credit card debt for an entire year.

    This means every credit card payment made during those 12 months, less any balance transfer fees, would go to chipping away your credit card balance. This is a great thing if you want to rid yourself of credit card debt once and for all.

    In the above example, you’d be subject to a $60 balance transfer fee, so your new balance after the transfer would be $2,060. If you paid about $175 each month for a year, you could pay the balance off entirely and avoid any finance charges.

    Types of 0% APR Balance Transfer Credit Cards

    The only thing better is a 0% APR balance transfer offer with no fee, but finding one of those is like spotting a panda in the wild. Well, it’s not that hard, but most credit card issuers that offer 0% APR charge a balance transfer fee to ensure they make some money off you.

    Otherwise you could just transfer your credit card balance from card issuer to card issuer, make only the minimum payment, and then transfer it elsewhere for free. This practice, known as credit card juggling, was actually quite common pre-credit crisis.

    Anyways, back to 0% balance transfer credit cards. You may see a credit card balance transfer that offers 0% APR for six months, 0% APR for 12 months, 0% APR for 18 months, or even 0% APR for the life of the balance. There are plenty of different options.

    Of course, 0% APR balance transfer for the life of the balance will probably require that you make purchases every billing cycle or take out a cash advance. In short, it’s a scam. Otherwise no money would be made.

    After all, credit card issuers aren’t in the business of giving away everything for free, so don’t count on that type of offer these days.

    If you do get a balance transfer offer with a fixed APR for the life of the balance, there’s a good chance it’ll be a low fixed rate above zero, such as 4.99%.

    The good news is 0% APR balance transfer credit cards are quite common, if not the norm, and often stay at zero percent for a fixed period, which may be just long enough for you to pay off your balance and avoid finance charges. That’s really the goal if you actually want to pay off your credit card debt.

    What If You Don’t Transfer Your Credit Card Balance?

    If you were to keep the existing balance on your current credit card, and not transfer it to a 0% APR credit card, you’d probably subject yourself to hundreds in finance charges over the course of a year (See: is a balance transfer worth it?).

    In our preceding example, you’d be paying roughly $33 a month in interest, assuming your balance is a constant $2,000. That equates to $400 annually, which is an unnecessary waste of money.

    This is why 0% APR balance transfer credit cards are so insanely popular. They aren’t a scam or a trick. When it comes down to it, credit card issuers offer them with the hope that you will move your debt to them and eventually pay them interest once the 0% APR period comes to an end.

    But if you make a payment plan to ensure you are debt free before the 0% APR period ends, you win. Even if you don’t get completely out of debt, 0% APR for 12 months or longer will probably save you money. Do the math.

    Tip: Look for a no fee balance transfer credit card to avoid paying any fees. And consider local credit unions too!