See rates and fees , terms apply. Read our Citi Double Cash® Card review. Who's this for : The Citi Double Cash® Card is one of the best cash-back cards , on top of featuring a generous balance transfer offer.

Discover will automatically match all the cash back earned for all new cardmembers at the end of your first year. Who's this for : The Discover it® Balance Transfer is an ideal Discover credit card for transferring credit card balances.

Enjoy 4. INTRO OFFER: Earn an additional 1. Read our Chase Freedom Unlimited® review. Who's this for : The Chase Freedom Unlimited® is an excellent cash-back card to consider if you want to earn rewards while paying down your credit card debt. Member FDIC. Who's this for : The Wells Fargo Active Cash® Card is valuable because of its intro APR offer but even without that, it stands out as a top-notch cash-back card.

The Wells Fargo Reflect® Card is one of the best options if you want to save money on credit card interest and not pay an annual fee. When you pay your monthly cell phone bill with your Wells Fargo Reflect card , you'll qualify for cell phone insurance.

You are limited to two claims per 12 months. This card doesn't offer many notable benefits, but as a Citi credit card , cardholders have access to the events and experiences available through Citi Entertainment.

The U. Bank Visa® Platinum Card is an ideal card for anyone who wants to save on interest for new purchases and balance transfers. You'll need to charge your monthly cell phone bill to your U. Bank Visa Platinum Card to qualify for this coverage. The Citi® Diamond Preferred® Card offer a long introductory interest-free period for qualifying balance transfers and purchases, but unfortunately, doesn't earn rewards.

Cardholders have access to free access to their FICO Scores and access to special events and experiences available through Citi Entertainment. This card is designed for consumers who want to save on interest for purchases or balance transfers, and outside of that benefit, it has no notable perks.

When it comes to no-annual-fee cash-back cards , the Citi Double Cash® Card is one of the most rewarding for everyday spending. This is a cash-back card at its core, but you earn cash back as Citi ThankYou® Points , which expands your redemption options.

Cardholders can transfer their ThankYou points to a handful of travel partners, including Choice Hotels, Wyndham Hotels and JetBlue.

However, if you pair this card with a Citi credit card that enables full transfers, like the Citi Premier® Card , you can transfer your points to all of Citi's travel partners at improved ratios.

The Discover it® Balance Transfer credit card can help you pay less interest on credit card debt and new purchases. Cardmembers can also enroll to receive three free months of DoorDash DashPass membership activate by Dec.

Both services offer no delivery fees and reduced service fees on eligible orders. The Chase Freedom Unlimited® is a no annual fee card that provides a better-than-average rate of return on all purchases. Earn an additional 1. You can also save on delivery fees with three free months of DashPass enroll by Dec.

The Wells Fargo Active Cash® Card is also an excellent cash-back card and has no annual fee. You can save on cell phone insurance when you pay your wireless phone bill with your Wells Fargo Active Cash card.

Before you take advantage of a balance transfer offer, there are some things you should keep in mind:. Money transfers and balance transfers are not the same. A money transfer is when you move funds from one account to another, either at the same bank or between accounts at different financial institutions.

A balance transfer is when you move debt from one credit card to another. A balance transfer can also be a good way to consolidate credit card debt into a single payment. However, there are tradeoffs to using a balance transfer.

For example, balance transfers often have a fee, which is typically a percentage of the amount you transfer. So even if you use a balance transfer, you'll still want to be diligent in paying down your credit card balance. Banks only allow balance transfers between credit card accounts.

And banks will not allow you to transfer balances between two cards issued by the same bank. If you want to do a balance transfer, you'll need to open a new credit card with a different card issuer. Whether a balance transfer works out depends on what your goal is. If you want to pay less interest and pay off your debt faster , then that will need to be your focus during the promotional APR period.

But if you continue to grow your credit card balance, then the balance transfer may not have helped your situation as much as it could have.

Applying for a new credit card will typically 'ding' your credit score although the drop is usually small and temporary , but the balance transfer itself doesn't hurt your credit.

However, if the balance transfer card has a low credit limit and you transfer over a high amount of debt, your credit utilization ratio will go up, which could hurt your credit score. Balance transfers are good options for consolidating credit card debt.

However, be sure to calculate how much it will cost to transfer the balance versus how much in interest fees you'll accrue by simply paying down the balance on your current credit card.

Balance transfer credit cards are typically for consumers with good to excellent credit scores. Unclaimed Money. Mobile App. Credit Karma Blog. Sign in Register. Browse categories. Best cards Excellent credit Good credit Fair credit Bad credit Limited credit Balance transfer Rewards Secured Cash back No annual fee Student All cards.

Advertiser disclosure. Search credit cards. Intro balance transfer APR. Regular balance transfer APR. Balance transfer fee. Annual fee. Show more.

Citi Simplicity® Card. No Late Fees, No Penalty Rate, and No Annual Fee After that the variable APR will be Balance transfers must be completed within 4 months of account opening. Citi Double Cash® Card. To earn cash back, pay at least the minimum due on time.

Citi® Diamond Preferred® Card. Bank of America® Customized Cash Rewards credit card. Bank of America® Travel Rewards credit card. Earn unlimited 1. Upgrade Card. Citi Custom Cash® Card. After that, the variable APR will be Upgrade Life Rewards Visa®.

Upgrade Unlimited Cash Rewards Visa®. More cards by category. Best cards. Cash back. All cards. More ways to browse cards Best cards. Sign-up bonus. No foreign fee. No annual fee.

Need to consolidate debt and save on interest? Banking services provided by CFSB, Member FDIC. Experian is a Program Manager, not a bank.

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All information, including rates and fees, are accurate as of the date of publication and are updated as provided by our partners. Some of the offers on this page may not be available through our website. Offer pros and cons are determined by our editorial team, based on independent research. The banks, lenders, and credit card companies are not responsible for any content posted on this site and do not endorse or guarantee any reviews.

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Once you click apply you will be directed to the issuer or partner's website where you may review the terms and conditions of the offer before applying.

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Advertiser Disclosure. The pros of balance transfers include : Transferring an existing credit card balance to a card with a lower APR can reduce the amount of interest you pay.

Best balance transfer credit cards of February ; Wells Fargo Reflect® Card · Citi Simplicity® Card · U.S. Bank Visa® Platinum Card Balance transfer credit cards ; Citi Simplicity® Card · reviews · 0% for 21 Months ; Citi Rewards+® Card · reviews · 0% for 15 Months ; Citi Double Cash® Card If you're looking for a no-fuss balance transfer card, the Citi Diamond Preferred Card is a great option. It may not boast long-term value due to its lack of

These features make the Wells Fargo Active Cash® Card a top contender for anyone seeking a balance transfer card that offers both savings and simplicity Balance transfer fees continue to rise. More than half (52%) of the 0% balance transfer offers we reviewed charged a balance transfer fee of 4% The best balance transfer offers include a 0% introductory APR for transferred debt that lasts for nearly two years. In return for this interest: Balance transfer options

Hransfer Cash Everyday® Card from American Express. Balance transfers can have Balance transfer options, transsfer with the fees Balance transfer options might pay to complete. Find the right credit card for you. Wells Fargo. Cons No rewards Must be a State Farm customer. Citi Simplicity® Card. Welcome bonus Earn an additional 1.	You'll be hard-pressed to find a longer interest-free promotion, and it applies to both purchases and balance transfers. The use of any other trade name, copyright, or trademark is for identification and reference purposes only and does not imply any association with the copyright or trademark holder of their product or brand. Identity Monitoring. There are other ways to get a handle on your debt. Information about the BankAmericard® credit card has been collected independently by Select and has not been reviewed or provided by the issuer of the card prior to publication.	Best balance transfer credit cards of February ; Wells Fargo Reflect® Card · Citi Simplicity® Card · U.S. Bank Visa® Platinum Card Balance transfer credit cards ; Citi Simplicity® Card · reviews · 0% for 21 Months ; Citi Rewards+® Card · reviews · 0% for 15 Months ; Citi Double Cash® Card If you're looking for a no-fuss balance transfer card, the Citi Diamond Preferred Card is a great option. It may not boast long-term value due to its lack of	NerdWallet ranks 35 of the top 0% APR and low interest credit cards for balance transfers based on your needs. Find the best cards and apply today Our pick for the best card with no balance transfer fees is the Wings Visa Platinum Credit Card. If you don't qualify for Wings Credit Union Which Capital One balance transfer credit card is best for you? · Earn a one-time $ cash bonus once you spend $ on purchases within 3 months from account	Best Balance Transfer Cards — Find Balance Transfer Credit Cards With Easy And Secure Transfers. Save On Interest Rates No-Fee Balance Transfer Option — Apply for a TFCU Visa® Platinum and Transfer Your High-Rate Credit Cards NerdWallet's Best Balance Transfer & 0% APR Credit Cards of February ; BankAmericard® credit card: Best for Long 0% period for transfers and
Repayment term options you transfer Balance transfer options trnsfer from Balanc high-interest credit card Balance transfer options a Discover balance transfer card using an introductory APR on balance transfers, you can use Balance transfer options money you save trandfer interest to Balancr down your debt. Even after you pay down your debt, these cards can offer long-term value on your everyday purchases. This site doesn't include all currently available offers. Citi Double Cash® Card. The Chase Freedom Flex is particularly appealing to those who are already Chase customers and are looking to maximize their relationship with the bank through an additional banking product. Credit Card Products. This is critical.	However, if the balance transfer card has a low credit limit and you transfer over a high amount of debt, your credit utilization ratio will go up, which could hurt your credit score. supermarkets could limit its earning potential. You may earn a higher or lower return depending on your spending habits. Stay protected with Citi® Quick Lock. Best for flexible rewards categories. No foreign transaction fee.	Best balance transfer credit cards of February ; Wells Fargo Reflect® Card · Citi Simplicity® Card · U.S. Bank Visa® Platinum Card Balance transfer credit cards ; Citi Simplicity® Card · reviews · 0% for 21 Months ; Citi Rewards+® Card · reviews · 0% for 15 Months ; Citi Double Cash® Card If you're looking for a no-fuss balance transfer card, the Citi Diamond Preferred Card is a great option. It may not boast long-term value due to its lack of	Our pick for the best card with no balance transfer fees is the Wings Visa Platinum Credit Card. If you don't qualify for Wings Credit Union Our pick for the best card with no balance transfer fees is the Wings Visa Platinum Credit Card. If you don't qualify for Wings Credit Union The best balance transfer offers include a 0% introductory APR for transferred debt that lasts for nearly two years. In return for this interest	Best balance transfer credit cards of February ; Wells Fargo Reflect® Card · Citi Simplicity® Card · U.S. Bank Visa® Platinum Card Balance transfer credit cards ; Citi Simplicity® Card · reviews · 0% for 21 Months ; Citi Rewards+® Card · reviews · 0% for 15 Months ; Citi Double Cash® Card If you're looking for a no-fuss balance transfer card, the Citi Diamond Preferred Card is a great option. It may not boast long-term value due to its lack of
Key Tranafer Credit optilns balance transfers are typically used by consumers who Tranfser to save money by moving high-interest credit card Balance transfer options to another credit card Reduce debt quickly a lower optiojs rate. Otherwise, the lender may continue to charge interest or fees on missed payments and unpaid balances. The content created by our editorial staff is objective, factual, and not influenced by our advertisers. Offer pros and cons are determined by our editorial team, based on independent research. Other product and company names mentioned herein are the property of their respective owners.	Expert advice on how to use a balance transfer card Tips to maximize a balance transfer card In the news Frequently asked questions. Learn more: Is the Citi Diamond Preferred Card worth it? Issuers are required to tell consumers how the grace period works in marketing materials, in application materials, and on account statements , among other communications. The average intro APR period is 12 to 21 months, with many of the best balance transfer intro periods offering 18 to 21 months. You have to establish membership to apply for the card, adding an extra step to your balance transfer process.	Best balance transfer credit cards of February ; Wells Fargo Reflect® Card · Citi Simplicity® Card · U.S. Bank Visa® Platinum Card Balance transfer credit cards ; Citi Simplicity® Card · reviews · 0% for 21 Months ; Citi Rewards+® Card · reviews · 0% for 15 Months ; Citi Double Cash® Card If you're looking for a no-fuss balance transfer card, the Citi Diamond Preferred Card is a great option. It may not boast long-term value due to its lack of	Our experts picks of the best balance transfer cards with 0% APR include the,,, and seven others. Find out which is best for you Alternatives to balance transfer credit cards · Debt consolidation loans: These combine multiple debts into a single, lower-interest loan, which 0% intro APR on purchases and balance transfers for 15 months from the date of account opening, then a variable APR, % to %	Our experts picks of the best balance transfer cards with 0% APR include the,,, and seven others. Find out which is best for you Discover U.S. News' picks for the best balance transfer cards. Find the best 0% APR and low interest card offers to save money and pay off your debt Our pick for the best card with no balance transfer fees is the Wings Visa Platinum Credit Card. If you don't qualify for Wings Credit Union
This will Bqlance likely Credit Score Tracking Benefits different than your intro optons. Rather than open Tranfser new credit account, you could consider:. Balance transfer options Cards. Please opttions that Experian policies change over time. If you fail to pay off the entire transfer amount by the end of the promotional period, your APR will reset to a higher rate—one that could potentially be higher than you were paying before making the transfer. Money Online Checking. If your credit standing is just OK, you may not get approved for another card.	Do balance transfers hurt your credit? Cons No rewards Must be a State Farm customer. Card Smarts Articles - Getting a credit card - Using your credit card - Credit card rewards. Apply Now. Your account may not always be eligible for balance transfers. Interested in applying for a balance transfer card with a low introductory rate? In some cases, balance transfers can be denied.	Best balance transfer credit cards of February ; Wells Fargo Reflect® Card · Citi Simplicity® Card · U.S. Bank Visa® Platinum Card Balance transfer credit cards ; Citi Simplicity® Card · reviews · 0% for 21 Months ; Citi Rewards+® Card · reviews · 0% for 15 Months ; Citi Double Cash® Card If you're looking for a no-fuss balance transfer card, the Citi Diamond Preferred Card is a great option. It may not boast long-term value due to its lack of	If you're looking for a no-fuss balance transfer card, the Citi Diamond Preferred Card is a great option. It may not boast long-term value due to its lack of NerdWallet's Best Balance Transfer & 0% APR Credit Cards of February ; BankAmericard® credit card: Best for Long 0% period for transfers and NerdWallet ranks 35 of the top 0% APR and low interest credit cards for balance transfers based on your needs. Find the best cards and apply today	The best balance transfer offers include a 0% introductory APR for transferred debt that lasts for nearly two years. In return for this interest Alternatives to balance transfer credit cards · Debt consolidation loans: These combine multiple debts into a single, lower-interest loan, which NerdWallet ranks 35 of the top 0% APR and low interest credit cards for balance transfers based on your needs. Find the best cards and apply today

Balance transfer options - NerdWallet's Best Balance Transfer & 0% APR Credit Cards of February ; BankAmericard® credit card: Best for Long 0% period for transfers and Best balance transfer credit cards of February ; Wells Fargo Reflect® Card · Citi Simplicity® Card · U.S. Bank Visa® Platinum Card Balance transfer credit cards ; Citi Simplicity® Card · reviews · 0% for 21 Months ; Citi Rewards+® Card · reviews · 0% for 15 Months ; Citi Double Cash® Card If you're looking for a no-fuss balance transfer card, the Citi Diamond Preferred Card is a great option. It may not boast long-term value due to its lack of

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While we strive to provide a wide range of offers, Bankrate does not include information about every financial or credit product or service. You have many types of credit cards to choose from, some offering stronger rewards and more perks than others.

A balance transfer credit card is a type of card designed to help you pay down existing balances you have on other credit cards. With these cards, you secure a 0 percent APR for a limited time, and then you quickly pay down as much debt as possible in that window.

The first is that 0 percent offers are always for a limited time. The best balance transfer credit cards offer up to 21 months without interest. The other key consideration is the balance transfer fee. The amount of debt you have will also affect how long your debt repayment process will take.

While many people think of balance transfer cards as exclusively for credit card debt, you can often transfer different kinds of debts in order to consolidate your payments and take advantage of a 0 percent APR.

This varies by card and issuer, but you may be able to transfer personal loans, student loans, auto loans and even home equity loans to your new balance transfer card. If you have a considerable amount of debt to pay down, you should also evaluate whether a balance transfer card is the right tool for you in the first place.

Personal loans can also be used to consolidate and pay down debt, and many let you secure a low fixed interest rate for five to seven years. Personal loans also come with fixed monthly payments and a predetermined repayment timeline, making them easy to budget and plan for. The best balance transfer cards are typically available only to consumers with very good or excellent credit — or those with a FICO score of or above.

However, you may also be approved with a good credit score in the to range. Also, note that balance transfer cards for poor credit exist — though they typically come with less attractive terms and conditions for paying down debt.

Check your credit score for free to gain a better understanding of the cards you might qualify for. When it comes to transferring debt from one card to another, here are the most important factors to consider. Before you apply, weigh the pros and cons of using a balance transfer card — including any additional fees that come with the card and its rewards structure — as well as potential alternatives.

Longer balance transfer offer or shorter offer with rewards: Which is the better strategy for you? Best Balance Transfer Credit Cards of Holly D. For example, if you have debt on a Citi credit card, you can't move it to another Citi card.

That generally means a credit score of or better. The first step in executing a balance transfer is applying for a balance-transfer credit card. Once you're approved for the new card, tell that card's issuer that you want to do a transfer. You can sometimes do this through your credit card's online portal or mobile app; in other cases, you'll have to call the number on the back of the card.

The new card's issuer will ask for information about the balance you want to transfer, including the financial institution, the account number and the amount of the debt.

Depending on your credit limit and the issuer's rules, you may be approved for the full amount of the transfer or only a portion.

The transfer can take a while, so keep an eye on both accounts until the debt disappears from the old one and shows up in the new one.

Make at least the minimum payments on the old account until the debt is transferred. A balance transfer by itself isn't going to have much of an effect on your credit score. The transfer doesn't make the debt go away; it simply moves it to a new place. In fact, applying for the balance transfer card could knock a few points off your score in the short term.

What matters is what you do after you transfer your balance. If you take advantage of the breathing room and significantly reduce your debt, your credit can benefit, since the amounts you owe are a significant factor in your scores. By NerdWallet. Many or all of the products featured here are from our partners who compensate us.

This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and here's how we make money.

Show summary. Credit card. NerdWallet rating. Find the right credit card for you. Get Started. Take Quiz. FULL LIST OF EDITORIAL PICKS: BEST BALANCE TRANSFER CREDIT CARDS. Wells Fargo Reflect® Card.

BankAmericard® credit card. Bank Visa® Platinum Card. Citi Simplicity® Card. Citi® Diamond Preferred® Card. Discover it® Balance Transfer.

Citi Double Cash® Card. Wells Fargo Active Cash® Card. Chase Freedom Unlimited®. Bank of America® Travel Rewards credit card.

OTHER RESOURCES. Interest savings. Mind the balance transfer fee. Estimate your savings with our calculator. How much you owe. Provide information requested by your issuer.

Continue making payments on the old card. Watch your accounts. Stash the old card, but keep it open. Pros and cons.

Cons: Why a balance transfer card might not be for you. Determine whether you qualify. Look at the issuer that holds your current debt. Compare balance transfer fees. Say no to annual fees. Pay more than the minimum due.

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