Balance Transfer Credit Cards

Interest payments out of control? A move to a balance transfer credit card could help you manage interest and pay down debt faster. Our savings estimates make it easy to find the best balance transfer credit cards for you, by identifying cards that will save you money on interest. Compare balance transfer offers from our partners and find the card that's best for you.

See offers from our partners below.

Estimated savings is based on on a total credit card transfer balance of $2,500, current APR of 15.00%, and a monthly repayment of $56.25 for the first 24 months.

Estimated Savings is a CreditCards.com calculation that is used to provide an example of how much you might save by transferring your balances to a new card after factoring in fees, length of promotional periods and interest charges. This amount is based on the transfer amount, assumes you make fixed monthly payments on time, and does not assume rewards or purchases, since those will vary per individual.

Discover it® Cashback Match™

APPLY NOW

Intro Balance Transfer APR

0%

Intro Balance Transfer Period

14
months

Regular Balance Transfer APR

11.99% - 23.99%
variable

Estimated Savings

$333.01
?

Estimated Savings is a CreditCards.com calculation that is used to provide an example of how much you might save by transferring your balances to a new card after factoring in fees, length of promotional periods and interest charges. This amount is based on the transfer amount and does not assume rewards or purchases, since those will vary per individual.

Estimated savings are based on the following amounts: Transfer Amount: $2,500, Current APR: 15.00%, Monthly Repayment: $56.25, Savings Period: 24 mos.

Discover it® Cashback Match™

(25,774 Reviews)

Intro Balance Transfer APR

0%

Intro Balance Transfer Period

14
months

Regular Balance Transfer APR

11.99% - 23.99%
variable

Estimated Savings

$333.01

Why should I get this card?

The Discover it® Cashback Match™ offers 0% intro balance transfer APR for 14 months. Cardmembers also earn 5% cash back in rotating categories each quarter.

Card Details

  • Intro Offer: Discover will match all the cash back earned at the end of your first year, automatically.
  • Earn 5% cash back at Amazon.com and Target now through December 2017, on up to $1,500 in purchases when you activate. Plus, 1% cash back on all other purchases.
  • Redeem your cash back for any amount, any time. Cash rewards never expire.
  • 100% U.S. based customer service.
  • Get your free Credit Scorecard with your FICO® Credit Score, number of recent inquiries and more.
  • New! Receive Free Social Security number alerts-Discover will monitor thousands of risky websites when you sign up.
  • No annual fee.

Recommended Credit Score

670 850
Good to Excellent

Rates & Fees

Annual Fee $0
Purchase Intro APR 0% for 14 months
Regular APR 11.99% - 23.99% Variable
Balance Transfers Intro APR 0% for 14 months
Balance Transfer Fee 3%

Features

EMV
No Foreign Transaction Fees
No Annual Fee
0% Introductory APR
Free Credit Score
Price Protection
Zero Fraud Liability
Mobile Pay Ready
View More Details

at Discover's
secure site

See Rates & fees
Citi ThankYou® Preferred Card

APPLY NOW

Intro Balance Transfer APR

0%

Intro Balance Transfer Period

15
months

Regular Balance Transfer APR

14.49% - 24.49%
variable

Estimated Savings

$344.32
?

Estimated Savings is a CreditCards.com calculation that is used to provide an example of how much you might save by transferring your balances to a new card after factoring in fees, length of promotional periods and interest charges. This amount is based on the transfer amount and does not assume rewards or purchases, since those will vary per individual.

Estimated savings are based on the following amounts: Transfer Amount: $2,500, Current APR: 15.00%, Monthly Repayment: $56.25, Savings Period: 24 mos., with the Intro Balance Transfer Period at the Intro Balance Transfer APR rate, plus any remaining months at the Regular APR.

Citi ThankYou® Preferred Card

APPLY BY PHONE

or call Citi at

866-935-2929

Intro Balance Transfer APR

0%

Intro Balance Transfer Period

15
months

Regular Balance Transfer APR

14.49% - 24.49%
variable

Estimated Savings

$344.32

Why should I get this card?

The Citi ThankYou® Preferred Card offers 0% intro APR on purchases and balance transfers for 15 months. Balance transfer fees are either $5 or 3% of the amount of each transfer, whichever is greater.

Card Details

  • Enjoy 0% Intro APR on purchases for 15 months from date of account opening and 0% Intro APR on balance transfers for 15 months from date of first transfer*
  • After that, the variable APR will be 14.49% - 24.49% based upon your creditworthiness*
  • There is a balance transfer fee of either $5 or 3% of the amount of each transfer, whichever is greater*
  • Earn 2X Points on Dining Out & Entertainment
  • Earn 1X Points on All Other Purchases
  • Points are redeemable for gift cards to popular retailers, restaurants, and department and home stores. 2,500 ThankYou® Points can be redeemed for a $25 gift card at thankyou.com.
  • No expiration and no limit to the amount of points you can earn with this card
  • No annual fee*

Recommended Credit Score

740 850
Excellent

Rates & Fees

Annual Fee $0*
Purchase Intro APR 0%* for 15 months on Purchases
Regular APR 14.49% - 24.49%* (Variable)
Balance Transfers Intro APR 0%* for 15 months on Balance Transfers
Balance Transfer Fee 3% of each balance transfer; $5 minimum.

Features

EMV
No Annual Fee
0% Introductory APR
Free Credit Score
Auto Rental Insurance
Concierge Service
Extended Warranty Program
Lost Luggage Reimbursement
Purchase Protection
Price Protection
Travel Accident Insurance
Trip Cancellation Insurance
Zero Fraud Liability
Mobile Pay Ready
MasterCard World
Presale Tickets
View More Details

at Citi's
secure site

or call Citi at

866-935-2929
NHL® Discover it® Card

APPLY NOW

Intro Balance Transfer APR

0%

Intro Balance Transfer Period

14
months

Regular Balance Transfer APR

11.99% - 23.99%
variable

Estimated Savings

$333.01
?

Estimated Savings is a CreditCards.com calculation that is used to provide an example of how much you might save by transferring your balances to a new card after factoring in fees, length of promotional periods and interest charges. This amount is based on the transfer amount and does not assume rewards or purchases, since those will vary per individual.

Estimated savings are based on the following amounts: Transfer Amount: $2,500, Current APR: 15.00%, Monthly Repayment: $56.25, Savings Period: 24 mos.

NHL® Discover it® Card

Intro Balance Transfer APR

0%

Intro Balance Transfer Period

14
months

Regular Balance Transfer APR

11.99% - 23.99%
variable

Estimated Savings

$333.01

Why should I get this card?

Get 0% intro balance transfer APR for the first 14 months with the NHL® Discover it® Card. Cardmembers can customize their card with their favorite NHL team logo and colors. Plus, there's no annual fee!

Card Details

  • Choose your favorite team & show your pride – all 31 teams available. Save 10% at Shop.NHL.com and NHL.TV™.
  • Intro Offer: Discover will match ALL the cash back earned at the end of your first year, automatically.
  • Earn 5% cash back at Amazon.com and Target now through December 2017, on up to $1,500 in purchases when you activate. Plus, 1% cash back on all other purchases.
  • Get 100% U.S. based customer service & get your free Credit Scorecard with your FICO® Credit Score, number of recent inquiries and more.
  • New! Receive Free Social Security number alerts- Discover will monitor thousands of risky websites when you sign up.
  • No annual fee.

Recommended Credit Score

670 850
Good to Excellent

Rates & Fees

Annual Fee $0
Purchase Intro APR 0% for 14 months
Regular APR 11.99% - 23.99% Variable
Balance Transfers Intro APR 0% for 14 months
Balance Transfer Fee 3%

Features

EMV
No Foreign Transaction Fees
No Annual Fee
0% Introductory APR
Free Credit Score
Price Protection
Zero Fraud Liability
Mobile Pay Ready
View More Details

at Discover's
secure site

See Rates & fees
USO USAA Rewards™ Visa Signature® Card

APPLY NOW

Intro Balance Transfer APR

0%

Intro Balance Transfer Period

12
months

Regular Balance Transfer APR

11.90% - 26.90%
variable

Estimated Savings

$331.38
?

Estimated Savings is a CreditCards.com calculation that is used to provide an example of how much you might save by transferring your balances to a new card after factoring in fees, length of promotional periods and interest charges. This amount is based on the transfer amount and does not assume rewards or purchases, since those will vary per individual.

Estimated savings are based on the following amounts: Transfer Amount: $2,500, Current APR: 15.00%, Monthly Repayment: $56.25, Savings Period: 24 mos.

USO USAA Rewards™ Visa Signature® Card

Intro Balance Transfer APR

0%

Intro Balance Transfer Period

12
months

Regular Balance Transfer APR

11.90% - 26.90%
variable

Estimated Savings

$331.38

Why should I get this card?

The USO USAA Rewards™ Visa Signature® Card allows you to support USO men and women in the U.S. military and their families. You also earn 1 point for every $1 spent on all your every day purchases.

Card Details

  • With this card, you can help the USO support men and women in the U.S. military and their families - from the moment they join, through their deployments and as they transition back to their communities.
  • Get 2,500 Bonus Points after your first purchase.
  • Start earning 1 point for every $1 spent for all your every day purchases.
  • Redeem points for 1% cash back or use them to purchase travel, gift cards and merchandise. You can also redeem your points and donate to your favorite military affiliate group.
  • Redeem your rewards points anytime on usaa.com or from your mobile phone - with no redemption fee.
  • Enjoy no cap or expiration date on points.
  • Enjoy no foreign transaction fees when you travel outside of the United States
  • Rates and Fees

Recommended Credit Score

580 740
Fair to Good

Rates & Fees

Annual Fee $0
Purchase Intro APR N/A
Regular APR 11.90% to 26.90% Variable
Balance Transfers Intro APR 0% for 12 months
Balance Transfer Fee Up to 3%*

Features

EMV
No Foreign Transaction Fees
No Annual Fee
Auto Rental Insurance
Extended Warranty Program
Purchase Protection
Price Protection
Travel Accident Insurance
Zero Fraud Liability
Mobile Pay Ready
Visa Signature®
View More Details

at USAA's
secure site

Blue Cash Preferred® Card from American Express

APPLY NOW

Intro Balance Transfer APR

0%

Intro Balance Transfer Period

12
months

Regular Balance Transfer APR

13.99% - 24.99%
variable

Estimated Savings

N/A

Blue Cash Preferred® Card from American Express

APPLY BY PHONE

or call American Express at

877-915-6641 See Rates & fees

Intro Balance Transfer APR

0%

Intro Balance Transfer Period

12
months

Regular Balance Transfer APR

13.99% - 24.99%
variable

Estimated Savings

N/A

Why should I get this card?

The Blue Cash Preferred® Card from American Express offers 0% on Balance Transfers for 12 months. Cardmembers also receive roadside assistance, purchase protection, and a free monthly credit score. Terms Apply.

Card Details

  • $200 statement credit after you spend $1,000 in purchases on your new Card within the first 3 months.
  • 6% cash back at U.S. supermarkets (on up to $6,000 per year in purchases, then 1%) - that means spending $60 a week at U.S. supermarkets could earn over $180 back per year.
  • 3% cash back at U.S. gas stations and at select U.S. department stores, 1% back on other purchases.
  • Low intro APR: 0% for 12 months on purchases and balance transfers, then a variable rate, currently 13.99% to 24.99%.
  • Expanding merchant acceptance: Over 1 million more places in the U.S. started accepting American Express® Cards in the last year.
  • $95 annual fee.
  • Cash back is received in the form of Reward Dollars that can be easily redeemed for statement credits, gift cards, and merchandise.
  • Terms Apply.

Recommended Credit Score

670 850
Good to Excellent

Rates & Fees

Annual Fee $95
Purchase Intro APR 0% on Purchases for 12 months
Regular APR 13.99%-24.99% Variable
Balance Transfers Intro APR 0% on Balance Transfers for 12 months
Balance Transfer Fee Either $5 or 3% of the amount of each transfer, whichever is greater.

Features

EMV
0% Introductory APR
Free Credit Score
Auto Rental Insurance
Extended Warranty Program
Lost Luggage Reimbursement
Purchase Protection
Roadside Assistance
Travel Accident Insurance
Travel Assistance
Zero Fraud Liability
Mobile Pay Ready
Presale Tickets
View More Details

at American Express's
secure site

or call American Express at

877-915-6641 See Rates & fees
Terms Apply
MLB™ BankAmericard Cash Rewards™ Mastercard®

APPLY NOW

Intro Balance Transfer APR

0%

Intro Balance Transfer Period

12
billing cycles for BTs made in the first 60 days

Regular Balance Transfer APR

13.99% - 23.99%
Variable APR on purchases and balance transfers

Estimated Savings

$248.33
?

Estimated Savings is a CreditCards.com calculation that is used to provide an example of how much you might save by transferring your balances to a new card after factoring in fees, length of promotional periods and interest charges. This amount is based on the transfer amount and does not assume rewards or purchases, since those will vary per individual.

Estimated savings are based on the following amounts: Transfer Amount: $2,500, Current APR: 15.00%, Monthly Repayment: $56.25, Savings Period: 24 mos.

MLB™ BankAmericard Cash Rewards™ Mastercard®

Intro Balance Transfer APR

0%

Intro Balance Transfer Period

12
billing cycles for BTs made in the first 60 days

Regular Balance Transfer APR

13.99% - 23.99%
Variable APR on purchases and balance transfers

Estimated Savings

$248.33

Why should I get this card?

The MLB™ BankAmericard Cash Rewards™ Mastercard® offers a customized card with your favorite team's colors and logo, plus the same cash rewards value and features as the regular Bank of America® Cash Rewards credit card.

Card Details

  • $150 cash rewards bonus after you spend at least $500 on purchases in the first 90 days of account opening
  • All 30 team cards are available, customized with your favorite team's colors and logo
  • Earn 1% cash back on every purchase, 2% at grocery stores and wholesale clubs, and 3% on gas for the first $2,500 in combined grocery/wholesale club/gas purchases each quarter
  • No annual fee
  • No changing categories and no expiration on rewards
  • Get a 10% customer bonus every time you redeem cash back into a Bank of America® checking or savings account
  • 0% Introductory APR for 12 billing cycles for purchases and for any balance transfers made in the first 60 days, then, 13.99% - 23.99% variable APR. 3% fee (min $10) applies to balance transfers

Recommended Credit Score

670 850
Good to Excellent

Rates & Fees

Annual Fee $0
Intro Purchase APR 0% Introductory APR on purchases for 12 billing cycles
Regular APR 13.99% - 23.99% Variable APR on purchases and balance transfers
Intro Balance Transfer APR 0% Intro APR for 12 billing cycles for balance transfers made in the first 60 days
Balance Transfer Fee 3% of the amount of each transaction or $10, whichever is greater.

Features

EMV
No Annual Fee
0% Introductory APR
Auto Rental Insurance
Concierge Service
Extended Warranty Program
Lost Luggage Reimbursement
Price Protection
Travel Accident Insurance
Travel Assistance
Zero Fraud Liability
Mobile Pay Ready
FICO Score
View More Details

at Bank of America's
secure site

Susan G. Komen® Credit Card

APPLY NOW

Intro Balance Transfer APR

0%

Intro Balance Transfer Period

12
billing cycles for BTs made in the first 60 days

Regular Balance Transfer APR

13.99% - 23.99%
Variable APR on purchases and balance transfers

Estimated Savings

$248.33
?

Estimated Savings is a CreditCards.com calculation that is used to provide an example of how much you might save by transferring your balances to a new card after factoring in fees, length of promotional periods and interest charges. This amount is based on the transfer amount and does not assume rewards or purchases, since those will vary per individual.

Estimated savings are based on the following amounts: Transfer Amount: $2,500, Current APR: 15.00%, Monthly Repayment: $56.25, Savings Period: 24 mos.

Susan G. Komen® Credit Card

Intro Balance Transfer APR

0%

Intro Balance Transfer Period

12
billing cycles for BTs made in the first 60 days

Regular Balance Transfer APR

13.99% - 23.99%
Variable APR on purchases and balance transfers

Estimated Savings

$248.33

Why should I get this card?

Help your favorite cause and earn cash back, too. 1% cash back on purchases, 2% cash back at grocery stores and wholesale clubs, and 3% cash back on gas for the first $2,500 in combined grocery store, wholesale club, and gas purchases each quarter.

Card Details

  • $150 online cash rewards bonus after you spend at least $500 on purchases in the first 90 days of account opening
  • From June 2015 through December 2020, Bank of America is guaranteeing to Susan G. Komen® $3 million in conjunction with its Pink Ribbon Banking credit card and checking program.
  • Susan G. Komen® has received more than $7 million from Bank of America from this program since 2009.
  • Earn 1% cash back on every purchase, 2% at grocery stores and wholesale clubs, and 3% on gas for the first $2,500 in combined grocery/wholesale club/gas purchases each quarter.
  • No annual fee
  • No changing categories and no expiration on rewards
  • Get a 10% customer bonus every time you redeem your cash back into a Bank of America® checking or savings account
  • 0% Introductory APR for 12 billing cycles for purchases and for any balance transfers made in the first 60 days, then, 13.99% - 23.99% Variable APR. 3% fee (min $10) applies to balance transfers.

Recommended Credit Score

670 850
Good to Excellent

Rates & Fees

Annual Fee $0
Intro Purchase APR 0% Introductory APR on purchases for 12 billing cycles
Regular APR 13.99% - 23.99% Variable APR on purchases and balance transfers
Intro Balance Transfer APR 0% Intro APR for 12 billing cycles for balance transfers made in the first 60 days
Balance Transfer Fee 3% of the amount of each transaction or $10, whichever is greater.

Features

EMV
No Annual Fee
0% Introductory APR
Auto Rental Insurance
Extended Warranty Program
Lost Luggage Reimbursement
Purchase Protection
Travel Accident Insurance
Zero Fraud Liability
Mobile Pay Ready
Visa Signature®
FICO Score
View More Details

at Bank of America's
secure site

Wells Fargo Propel American Express® Card

APPLY NOW

Intro Balance Transfer APR

0%

Intro Balance Transfer Period

12
months

Regular Balance Transfer APR

13.99% - 25.99%
variable

Estimated Savings

$168.13
?

Estimated Savings is a CreditCards.com calculation that is used to provide an example of how much you might save by transferring your balances to a new card after factoring in fees, length of promotional periods and interest charges. This amount is based on the transfer amount and does not assume rewards or purchases, since those will vary per individual.

Estimated savings are based on the following amounts: Transfer Amount: $2,500, Current APR: 15.00%, Monthly Repayment: $56.25, Savings Period: 24 mos.

Wells Fargo Propel American Express® Card

Intro Balance Transfer APR

0%

Intro Balance Transfer Period

12
months

Regular Balance Transfer APR

13.99% - 25.99%
variable

Estimated Savings

$168.13

Why should I get this card?

The Wells Fargo Propel American Express® Card offers a 0% intro APR for 12 months on purchases and balance transfers. Cardmembers can earn 3x points at U.S., gas stations, 2x points at U.S. restaurants, and 1x points on other purchases.

Card Details

  • Earn 20,000 bonus points after spending $1,000 in the first 3 months
  • Earn 3X points at U.S. gas stations, 2X points at U.S. restaurants, 1X point on other purchases
  • Redeem points for travel, gift cards, cash redemption options or merchandise through Go Far® Rewards
  • Get up to $600 protection on your cell phone (subject to $25 deductible) against covered damage or theft when you pay your monthly cellular telephone bill with your Wells Fargo Propel American Express® Card
  • Earn an annual relationship bonus of 10% on non-bonus rewards points if you maintain a qualifying Wells Fargo account
  • 0% Intro APR for 12 months on purchases and balance transfers, then a 13.99%-25.99% variable APR; balance transfer fees apply
  • $0 Annual Fee
  • Select "Apply Now" to learn more about the product features, terms, and conditions

Recommended Credit Score

670 850
Good to Excellent

Rates & Fees

Annual Fee $0
Purchase Intro APR 0% for 12 months
Regular APR 13.99%-25.99% (Variable)
Balance Transfers Intro APR 0% for 12 months
Balance Transfer Fee 3% Intro for 12 months, then 5%

Features

EMV
No Foreign Transaction Fees
No Annual Fee
0% Introductory APR
Free Credit Score
Auto Rental Insurance
Concierge Service
Extended Warranty Program
Lost Luggage Reimbursement
Purchase Protection
Price Protection
Roadside Assistance
Travel Accident Insurance
Zero Fraud Liability
Mobile Pay Ready
Cellphone Insurance
View More Details

at Wells Fargo's
secure site

Disabled American Veterans USAA Rewards™ Visa Signature® Card

APPLY NOW

Intro Balance Transfer APR

0%

Intro Balance Transfer Period

12
months

Regular Balance Transfer APR

11.90% - 26.90%
variable

Estimated Savings

$331.38
?

Estimated Savings is a CreditCards.com calculation that is used to provide an example of how much you might save by transferring your balances to a new card after factoring in fees, length of promotional periods and interest charges. This amount is based on the transfer amount and does not assume rewards or purchases, since those will vary per individual.

Estimated savings are based on the following amounts: Transfer Amount: $2,500, Current APR: 15.00%, Monthly Repayment: $56.25, Savings Period: 24 mos.

Disabled American Veterans USAA Rewards™ Visa Signature® Card

Intro Balance Transfer APR

0%

Intro Balance Transfer Period

12
months

Regular Balance Transfer APR

11.90% - 26.90%
variable

Estimated Savings

$331.38

Why should I get this card?

Disabled American Veterans USAA Rewards™ Visa Signature® Card With the Disabled American Veterans USAA Rewards™ Visa Signature® Card, help DAV empower veterans to lead high-quality lives with respect and dignity and get 2,500 Bonus Points after your first purchase.

Card Details

  • With this card, you can help DAV empower veterans to lead high-quality lives with respect and dignity.
  • Get 2,500 Bonus Points after your first purchase.
  • Start earning 1 point for every $1 spent for all your every day purchases.
  • Redeem points for 1% cash back or use them to purchase travel, gift cards and merchandise. You can also redeem your points and donate to your favorite military affiliate group.
  • Redeem your rewards points anytime on usaa.com or from your mobile phone — with no redemption fee.
  • Enjoy no cap or expiration date on points.
  • Enjoy no foreign transaction fees when you travel outside of the United States
  • Rates and Fees

Recommended Credit Score

580 740
Fair to Good

Rates & Fees

Annual Fee $0
Purchase Intro APR N/A
Regular APR 11.90% to 26.90% Variable
Balance Transfers Intro APR 0% for 12 months
Balance Transfer Fee Up to 3%*

Features

EMV
No Foreign Transaction Fees
No Annual Fee
Auto Rental Insurance
Extended Warranty Program
Purchase Protection
Price Protection
Travel Accident Insurance
Zero Fraud Liability
Mobile Pay Ready
Visa Signature®
View More Details

at USAA's
secure site

Wounded Warrior Project USAA Rewards™ Visa Signature® Card

APPLY NOW

Intro Balance Transfer APR

0%

Intro Balance Transfer Period

12
months

Regular Balance Transfer APR

26.90%
variable

Estimated Savings

$331.38
?

Estimated Savings is a CreditCards.com calculation that is used to provide an example of how much you might save by transferring your balances to a new card after factoring in fees, length of promotional periods and interest charges. This amount is based on the transfer amount and does not assume rewards or purchases, since those will vary per individual.

Estimated savings are based on the following amounts: Transfer Amount: $2,500, Current APR: 15.00%, Monthly Repayment: $56.25, Savings Period: 24 mos.

Wounded Warrior Project USAA Rewards™ Visa Signature® Card

Intro Balance Transfer APR

0%

Intro Balance Transfer Period

12
months

Regular Balance Transfer APR

26.90%
variable

Estimated Savings

$331.38

Why should I get this card?

With the Wounded Warrior Project USAA Rewards™ Visa Signature® Card, you can show your support for WWP and earn 1 point for every $1 spent for all your every day purchases.

Card Details

  • With this card, you can show your support for WWP and its mission to honor and empower wounded warriors.
  • Get 2,500 Bonus Points after your first purchase.
  • Start earning 1 point for every $1 spent for all your every day purchases.
  • Redeem points for 1% cash back or use them to purchase travel, gift cards and merchandise. You can also redeem your points and donate to your favorite military affiliate group.
  • Redeem your rewards points anytime on usaa.com or from your mobile phone - with no redemption fee.
  • Enjoy no cap or expiration date on points.
  • Enjoy no foreign transaction fees when you travel outside of the United States
  • Rates and Fees

Recommended Credit Score

580 740
Fair to Good

Rates & Fees

Annual Fee $0
Purchase Intro APR N/A
Regular APR 11.90% to 26.90% Variable
Balance Transfers Intro APR 0% for 12 months
Balance Transfer Fee Up to 3%*

Features

EMV
No Foreign Transaction Fees
No Annual Fee
Auto Rental Insurance
Extended Warranty Program
Purchase Protection
Price Protection
Travel Accident Insurance
Zero Fraud Liability
Mobile Pay Ready
Visa Signature®
View More Details

at USAA's
secure site

Editorial disclosure: All reviews are prepared by CreditCards.com staff. Opinions expressed therein are solely those of the reviewer and have not been reviewed or approved by any advertiser. The information, including card rates and fees, presented in the review is accurate as of the date of the review. Check the data at the top of this page and the bank's website for the most current information.

Compare Balance Transfer Credit Card Offers

Updated: November 17, 2017

Featured Balance Transfer Credit Cards for November 2017

  • Citi® Diamond Preferred® Card - $515.76 in estimated savings
  • Citi Simplicity® Card - $512.31 in estimated savings
  • BankAmericard® Credit Card - $449.39 in estimated savings
  • Discover it® - $447.28 in estimated savings
  • Citi® Double Cash Card - $435.72 in estimated savings
  • Chase Slate® - $420.22 in estimated savings
  • Chase Freedom Unlimited® - $420.22 in estimated savings
  • Chase Freedom® - $420.22 in estimated savings
  • Bank of America® Cash Rewards Credit Card - $248.33 in estimated savings

A balance transfer can be a great way to consolidate payments and avoid interest if you're carrying a balance. With the right card, you can even reap rewards and benefits after you pay off the transferred balance. If you know how these offers work, and you know what other perks to look for, you can find the best balance transfer card to minimize your interest and maximize your rewards.

If you're not familiar with balance transfers, our balance transfer card reviews will help you discover what the details of each card are, and show you what rewards are worth.

What is the meaning of balance transfer?

A balance transfer means you transfer the balance from one credit card to a card typically with a lower interest rate. Let's say you have $3,000 on Card A with a 17% APR. That means if you pay the minimum amount, it will take you 126 months and you will pay $2,241 in interest. If you transfer that $3,000 to Card B, with an introductory 0% APR for 18 months, that means you have 18 months to pay off the balance without paying interest fees, thereby potentially avoiding the cost of $2,241. Balance transfers are also an option if you want to streamline your payments. Simply transfer your balances to a single card and make one payment a month.

What is a balance transfer card?

A balance transfer card is a credit card that consumers typically use to avoid paying a higher interest fee. The balance on Card A is transferred to Card B, which may have a low or 0% introductory APR. Credit card companies will sometimes attract new customers with little to no interest for a set period, sometimes as long as 21 months, such as the Citi Simplicity. Balance transfer cards may also have a 0% introductory APR for purchases. For example, the Simplicity has an introductory 0% APR of 21 months for purchases. Each credit card specifies which balances will be paid first typically starting with the lowest–rate balances. Some balance transfer card rules specify that only transferred balances qualify for the lower rate, while new purchases collect interest at the regular, higher APR.

What is a balance transfer fee?

A balance transfer fee is the charge for transferring a balance from one credit card to another. The more you transfer, the larger the fee. A typical fee is 3%–5%, with a minimum of $5 or $10. For example, if you transfer a $10,000 debt from another card, you might pay a $300 fee right away. While that expense may seem hefty, assess whether you will actually save by transferring to a 0% introductory APR card to avoid interest fees, because you can easily spend thousands on interest fees. However, make sure you will be able to pay off the debt by the time the introductory offer ends, because the new card will likely revert to a go–to APR that can be 15% or more. See if it makes sense for you by using our balance transfer calculator.

Keep in mind that some balance transfer cards don't have balance transfer fees, such as the Barclaycard Ring Mastercard.

What is a balance transfer intro period?

A balance transfer introductory period refers to a low or 0% APR offer a credit card issuer provides for a limited period of time as an incentive to become a cardholder. A cardholder can pay down debt transferred from another card while not paying interest for the debt for an introductory period of time. A balance transfer intro period can last up to 21 months. After the set period, the interest rate can increase to a “go–to rate” of 15% or more. You should make sure you evaluate the balance transfer interest rate during the promotional period, the length of the promotional period, and the balance transfer fee when deciding which balance transfer offer is best for you.

What is balance transfer intro APR?

An introductory APR period is the amount of time you have to pay off the amount you've transferred without paying interest. A 0% APR period can last up to 21 months. Most balance transfer cards, with a few exceptions, charge you to move your balance. Generally, this fee is a percent of the balance you're transferring ranging from 3% to 5% depending on the card or $5–$10, whichever is greater. Since most cards' default rate can be higher than the rate you had on your old card, paying off your debt within the 0% period is crucial. Read the fine print, as some cards will void the 0% deal if you miss a payment.

How balance transfer credit cards work

Transferring the balance from one credit card to a card with a lower APR is referred to as a balance transfer. Note that transferring isn't the same as repaying. When you use a balance transfer card, you are transferring the debt from Card A to Card B. Then, if Card B has an introductory offer, you typically have a set amount of time, up to 21 months, to pay off the debt without paying any interest fees, although there is usually a balance transfer fee. Once the offer ends, the APR reverts to a higher rate – the average APR for balance transfer cards is just over 15%. That’s why it’s important to pay off the balance before the offer ends. Otherwise, you can pay hundreds of dollars in interest.

Are credit card balance transfers a good idea?

Transferring a credit card balance can be a good idea if you've incurred card debt and you are paying the minimum monthly amount. That can translate to high monthly APR fees that can be avoided if you transfer your debt to a card with a 0% introductory APR. However, make sure you have a plan to pay off the debt before the introductory offer ends, because balance transfer cards typically have a “go–to” rate that can be 15% or more once the offer ends.

Another good reason for transferring a card balance is consolidation. If you have debt on multiple cards, and you want to avoid the hassle of multiple payments, taking out a good balance transfer card can be wise. However, get to the root of the problem. Why do you have debt on multiple cards? If you are using your credit cards to buy items not in your budget, the problem may not be the cards. It may be your spending habits.

Also, taking out a new credit card to transfer a balance can be a bad idea if you are planning to take out an installment loan (a car loan or a mortgage) in the coming months, because lenders look for “hard pulls” or evidence of recent requests for credit. If you plan to buy a car or house soon, weigh whether any card debt you have could impact your application with whether lenders would be concerned about new cards. When in doubt, check with your lender before making any financial move.

Pros and cons of balance transfer credit cards

Pros

  • Want to consolidate? Balance transfer cards are great for putting card balances on one account so you can make one easy payment.
  • Paying hundreds in interest charges? With a balance transfer card – and a plan – you can save hundreds of dollars by paying 0% for a promotional period of time. Just make sure you pay off the debt before the offer ends.
  • Want a better credit score? As with most credit cards, a balance transfer card is a good way to build credit. Every month you pay down the debt on time, you are helping your credit score. Just check with the bank and make sure your account is being reported to the 3 major credit bureaus.

Cons

  • Don’t have a budget? Create one before you get a balance transfer card. Otherwise, you might end up still owing money after the 0% offer ends.
  • Have trouble tracking card charges? A balance transfer card may only be a Band-Aid. You’ll need to change some habits. First, keep your old card for credit purposes, put a small charge on it each month to keep it active and pay in full each month. Then, refrain from putting charges on the new card. And in future, remember that if you don’t have the money to repay in full, don’t make the charge.
  • Taking out a loan soon? Taking out a new credit card to transfer a balance can be a bad idea if you are planning to take out an installment loan (a car loan or a mortgage) in the coming months, because lenders look for “hard pulls” or evidence of recent requests for credit. It can be seen as a sign that you are desperate for cash. When in doubt, check with your lender before making any financial move.

Things to consider before applying for a balance transfer card

Balance transfer credit cards are a great way to improve your credit, used correctly. Used incorrectly, these cards can wreak havoc on your credit.

There are 5 things to consider before applying for a balance transfer card.

Can I withstand the credit score effects?

Applying for a new card requires a hard inquiry, which will temporarily drop your credit score. This can be recovered rather quickly and is generally not cause for worry. However, if you plan to take out an installment loan in the next few months, such as a car loan or a mortgage, these slight dings impact the interest rates or even whether you can land the loan of your choice. If your new card is the only credit you have on the horizon, then the drop in points will be temporary and relatively harmless, provided you continue to pay on time and keep your debt down.

What is the available credit limit?

The credit limit should be sufficient to cover the desired transfer amount without maxing out the new account. This way, you can take maximum advantage of the lower interest rates and improve your credit utilization ratio simultaneously. This ratio looms large for the FICO scoring model, the model most used by lenders. It is the amount of available credit you have compared to the amount of debt you have. The lower the percentage of debt, the better. That means the higher the new card's limit, the better, because any credit you aren't using counterbalances your debt.

How much is the transfer fee?

Low interest or 0% intro APR transfer cards usually require a transfer fee that typically ranges between 3% and 5% of the balance or $5–$10, whichever is greater. In most cases, this fee is minuscule in comparison to the interest charges you would otherwise pay and is therefore a good tradeoff. However, if the balance is low enough, it may not be worth paying the transfer fee in the first place. It's also worth noting that some card issuers waive the balance transfer fee, such as the Barclaycard Ring Mastercard.

How long is the introductory APR period?

The appeal of a balance transfer card comes in the form of a low or 0% intro APR, but these rates don't last forever. These teaser rates can be for up to 21 months, such as the Citi Simplicity. Look at all the card's benefits, though, because some cards have a shorter intro APR, such as the Blue Cash Everyday, yet they offer an introductory cashback offer and cash back for such purchases as groceries and gas. (Terms apply.) Think about how you'll use your card in the long haul. That said, make sure you only use such a card for purchases you can afford to pay off and after the balance transfer is paid so that you don't return to the cycle of debt you're trying to escape. Some cards, such as the Blue Cash Everyday, have a 0% intro APR for purchases as well.

Can I stay disciplined throughout the process?

Be true to yourself. If not, you could only worsen your existing situation. If you struggle with making monthly payments on time or don't trust your ability to cease acquiring debt, having another card at your disposal is probably not the best option. In fact, you may have difficulty even getting a new card if you have a history of late payments. Conversely, if you feel you are responsible enough to stick to the plan you have set for yourself, a balance transfer can bring you budgetary glory. If you think you can keep the old card active without incurring new debt, and you can pay down your new card without buying new items, a balance transfer card could be right for you.

How to compare two balance transfer cards

  • Required score: As much as you love the idea of a certain card, you need to be reasonably sure you’ll get it before you apply. How? By checking your credit score at CreditCards.com. You’ll want at least a 700 for “good” credit and 750 for “excellent.”
  • Introductory offer: Balance transfer offers give you a reduced or 0% intro APR for up to 21 months. Find an offer that will allow you to pay off the debt before the offer ends.
  • Rewards features: Some balance transfer cards offer 2%, 3% and even 5% cash back on select categories and even signup bonuses of $150 and more. So, don’t just look at the introductory offer – also look at any rewards features that the cards offer.
  • Annual fee: There are plenty of balance transfer cards without an annual fee, but if you really want a card and it has a fee, make sure there are rewards that you’ll use once the balance is paid off to counterbalance the fee, and that you will actually use the card.
  • Balance transfer fee: Most balance transfer cards charge a balance transfer fee of 3%-5% or $5-$10, whichever is greater. However, some cards have no balance transfer fee, so shop around.
  • Go-to APR rate: Ideally, you’ll want to plan on paying off the balance before the 0% offer ends, but check the go-to rate just in case. The go-to-rate is what you will pay once the offer ends. The average APR for balance transfer cards is currently just over 15%.

How to perform a balance transfer

  1. Make the transfer immediately. Be sure to make the transfer as soon as your new account opens, so you don’t lose the special offer.
  2. Make a minimum payment. Go ahead and make a minimum payment on the old card, even though you’re paying in full with the new card, because the transfer can take several weeks, and you don’t want a late payment on your credit report.
  3. Have the old card’s account information handy. This includes the balance.
  4. Make a call to the new bank. Simply place a call to the new card issuer’s customer service line. Communicate that you would like to transfer a balance onto your new card.
  5. Expect security checks. A call representative will guide you through the security checks, ask for the old account number and ask for the amount you want to transfer.
  6. Go online. You can also make a balance transfer online. First, create an account online for the new card. Select the correct offer, making sure the terms of the offer online match the offer you signed up for. Follow the prompts for the old card’s information, as well as the amount you want to transfer. All done? You should get a confirmation page.
  7. Remember the balance transfer fee. Heads up that the amount you transfer, including the balance transfer fee, can’t go over the offer amount.
  8. Pay on time each month. If you don’t, you can lose the 0% offer.

How long does it take to transfer a balance from one credit card to another?

Generally, a balance transfer can be expected to clear within 7 days of the request being placed. However, the exact amount of time it will take varies and is dependent on a number of issues. Many people report that their balance transfers have been accomplished in under 48 hours while others have complained of a transfer taking upwards of two weeks to complete. Unfortunately, there's no clear–cut timeline.

In order to better gauge how long a transfer will take, consider the following factors:

  • Account Age
    If your account with the receiving creditor has been active prior to the transfer request, it will likely complete more quickly than with a newly opened account.
  • Transfer Process
    If the money can be transferred electronically to the creditor, it will often take less time than payment via physical check.
  • Balance Amount
    Large balances may take longer to complete, whereas balances of less than a specified amount could be fast–tracked in accordance with issuer policy.
  • Issuer/Creditor
    Simply, some banks just have a better reputation when it comes to completing balance transfers. Chase and Citi are two that come to mind.
  • Application Method
    If possible, submit your application online to ensure quality control; information relayed over the phone is subject to being misunderstood or incorrectly entered.
  • Time of Request
    Is it close to the weekend? Are there any major holidays coming up? If so, the process might be delayed until normal business resumes.

Can you transfer a balance from one card to another from the same bank?

Typically, a bank does not allow a balance transfer between two cards it has issued. That's because it doesn't make good business sense for the financial institution. After all, banks and card issuers operate to make money on the debt you owe and a balance transfer represents a means of saving the cardholder money on that debt.

That said, the structure of a balance transfer exists as a win–win for all parties involved when the debt is being transferred from one creditor to another, as it is almost always done. This way, both parties are satisfied for the following reasons:

  • The new creditor takes on an existing debt but, more importantly, gains a new customer.
  • The customer pays a relatively modest transfer fee (typically 3% to 5% of the balance) but saves money in the long run by taking advantage of the 0% intro APR period and lower interest rates.

How to properly use a balance transfer card

Here are tips to properly use a balance transfer card:

  • Cease applying for new cards
    Once you get a balance transfer card, don't take out any more cards. Every time a card issuer checks your credit, which is done when you apply for a card, that dings your credit rating. A cluster of inquiries may paint you as being financially unstable. Also, additional cards only increase the temptation to spend.
  • Keep existing accounts open
    The average age of your accounts is taken into consideration when determining your creditworthiness. Therefore, keeping older, established lines of credit active following a transfer only helps your credit rating. It will also help you obtain a more admirable credit utilization ratio, which is the second most important factor taken into account by lenders. The ratio compares the available credit to the amount owed. The closer to 0% the better. Finally, charge a small amount on your old card that you would spend anyway, and pay in full and on time each month. That keeps your account active, and it will actually help build your credit in no time.
  • Stick to your payment plan
    By now you should have planned out a strategy that will allow you to pay off the full balance before the introductory period runs out. This includes budgeting for any necessary fees, determining how much you will need to pay each month and identifying all stipulations that must be observed as part of the balance transfer agreement.
  • Stop incurring additional debt
    Quit adding to the problem. After all, there's a reason you sought a balance transfer in the first place. Halting charges on both the old and new accounts will save you from paying on the interest rates you fled and will make it much easier to abide by your payment schedule if the remaining balance isn't in constant fluctuation. Also, when you make new purchases, you run the risk of incurring interest fees, even while you are trying to pay off your old debt.

Recap: Our Featured Balance Transfer Credit Cards for November 2017

Card0% Intro BT APR PeriodBalance Transfer FeeOur Savings EstimateRegular APR
Citi® Diamond Preferred® Card21 months3% of each balance transfer; $5 minimum.$515.7613.99% - 23.99% Variable
Citi Simplicity® Card21 months3% of each balance transfer; $5 minimum.$512.3114.99% - 24.99% Variable
BankAmericard® Credit Card15 billing cycles$0 Intro Balance transfer fee during first 60 days of account opening. After that, the fee for future balance transfers is 3% (min. $10)$449.3912.99% - 22.99% Variable
Discover it®18 months3.00%$447.2811.99% - 23.99% Variable
Citi® Double Cash Card18 months3% of each balance transfer; $5 minimum.$435.7214.49% - 24.49% Variable
Chase Slate®15 months5.00%$420.2215.99% - 24.74% Variable
Chase Freedom Unlimited®15 months5.00%$420.2215.99% - 24.74% Variable
Chase Freedom®15 months5.00%$420.2215.99% - 24.74% Variable
Bank of America® Cash Rewards Credit Card12 billing cycles3.00%$248.3313.99% - 23.99% Variable

See the online credit card applications for details about the terms and conditions of an offer. Reasonable efforts are made to maintain accurate information. However, all credit card information is presented without warranty. When you click on the "Apply Now" button, you can review the credit card terms and conditions on the issuer's web site.

* For additional rates, fees and costs see issuer's website for detailed pricing and terms.