Balance Transfer Credit Cards - Reviews
While zero percent introductory offers are a common feature on credit cards, not all balance transfer offers are created equal. We've sifted through the details in the fine print and rated the best cards, based on the length of their interest-free period and the cost of fees for balance transfer. We've also looked at other important features, such as penalty rates, fees and rewards programs, to help you figure out how to get the best deal on your balance transfer.
Chase Freedom Unlimited
Last reviewed: August 9, 2018
Though the Chase Freedom Unlimited card offers a great cash back program and a long 15-month introductory period for balance transfers, the card’s balance transfer fee could really cost you if you transfer a large balance.
State Farm Good Neighbor Visa
Last reviewed: January 19, 2018
This affordably priced balance transfer card offers a reasonable APR and modest balance transfer fee, but its 12-month promotional period doesn’t give you much time to pay off an interest-free balance.
PenFed Gold Visa card
Last reviewed: August 2, 2018
The 12 month 0-percent introductory period for balance transfers is on the short side; however, the PenFed Gold Visa card can save you money in the long run due to its very reasonable rates and fees.
The Ultimate Cash Back card
Last reviewed: February 21, 2018
The introductory period for balance transfers on the Santander Ultimate Cash Back Mastercard is short, though you can save money on your transfer thanks to the card’s lack of a balance transfer fee.
U.S. Bank Cash+ Visa Signature Card
Last reviewed: July 26, 2018
This flexible cash back card gives cardholders more options than most rewards credit cards; however, it charges a relatively high APR for carrying a balance and only gives cardholders 12 billing cycles to pay off a transferred balance.
TD First Class Visa Signature credit card
Last reviewed: January 19, 2018
A poor choice for cardholders on a budget, the TD First Class Visa Signature card charges a high annual fee in exchange for modest rewards and a relatively short 0 perfect balance transfer promotion.
U.S. Bank Cash 365 American Express Card
Last reviewed: June 14, 2018
The U.S. Bank Cash 365 card’s introductory period for balance transfers is on the short side and the regular APR is high, though cardholders may enjoy the card’s high rate of cash back on every purchase if they can manage to pay down their balance.
PNC CashBuilder Visa credit card
Last reviewed: February 21, 2018
The standard APR on the PNC CashBuilder Visa is on the high side for a balance transfer card and its 12-month 0 percent balance transfer promotion is relatively short.
Barclaycard Arrival Plus World Elite Mastercard
Last reviewed: July 11, 2018
One of the most generous travel cards around, the Barclaycard Arrival Plus World Elite Mastercard is a great choice for earning free travel; but it’s too expensive to carry a balance on – especially since its 0 percent balance transfer offer only lasts for 12 months.
HSBC Cash Rewards Mastercard
Last reviewed: July 9, 2018
The HSBC Cash Rewards Mastercard offers a long introductory period for balance transfers, but its balance transfer fee is on the high side and it lacks an introductory APR for new purchases.
M&T Visa Signature card
Last reviewed: February 21, 2018
The M&T Visa Signature card offers a lower APR than most cards with comparable rewards; but its balance transfer fee is higher than most competitors and it only gives cardholders 12 months to pay off an interest-free balance.
M&T Visa credit card with rewards
Last reviewed: December 6, 2017
The M&T Visa card charges a lower APR than most rewards credit cards, but the benefits it offers are modest and the above balance transfer fee it charges could cut into cardholders’ savings.