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Best balance transfer cards of March 2025

Updated March 17, 2025

Advertiser Disclosure: Bankrate’s editorial team chooses and recommends the credit cards on this page. While we may receive compensation when users apply for cards through this page, our recommendations and card ratings are produced independently without influence by advertising partnerships with issuers.

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Showing 16 results

Best for minimal fees

Citi Simplicity® Card

Bankrate score

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4.5
Bankrate review
Recommended credit score:(670 - 850)
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on Citi's secure site

See Rates & Fees

Balance transfer intro APR

0% for 21 months on Balance Transfers

Regular APR

18.24% - 28.99% (Variable)

Rewards rate

N/A

Annual fee

$0

Why you'll like this: It comes with one of the longest balance transfer offers on the market, and it’s one of the only cards that doesn’t charge late fees.

Best for long balance transfer intro APR

Wells Fargo Reflect® Card

Bankrate score

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4.3
Bankrate review
Recommended credit score:(670 - 850)
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on Wells Fargo's secure site

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Balance transfer intro APR

0% intro APR for 21 months from account opening on qualifying balance transfers

Regular APR

17.24%, 23.74%, or 28.99% Variable APR

Rewards rate

N/A

Annual fee

$0

Why you'll like this: It pairs one of the longest intro APR offers on the market with a lower-than-average ongoing interest rate.

Best for welcome offer

Discover it® Chrome

Cardholder rating

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4.4

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4.0
Bankrate review
Recommended credit score:(670 - 850)
Apply nowLock

on Discover's secure site

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Balance transfer intro APR

0% for 18 months

Regular APR

18.24% - 27.24% Variable APR

Rewards rate

1% - 2%

Annual fee

$0

Why you'll like this: It offers great short- and long-term value thanks to its combo of a welcome offer, ongoing rewards and an intro APR.

Best for encouraging payments

Citi Double Cash® Card

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4.2
Bankrate review
Recommended credit score:(670 - 850)
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Balance transfer intro APR

0% intro for 18 months on Balance Transfers

Regular APR

18.24% - 28.24% (Variable)

Rewards rate

1% - 5%

Annual fee

$0

Why you'll like this: It boasts an intro APR on par with several top balance transfer cards, plus it rewards your purchases with 1 percent when you buy and another 1 percent when you pay.

Best for everyday spending

Blue Cash Everyday® Card from American Express

Cardholder rating

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4.3

Bankrate score

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4.6
Bankrate review
Recommended credit score:(670 - 850)
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on American Express's secure site

See Rates & Fees, Terms Apply

Balance transfer intro APR

0% on balance transfers for 15 months

APR

18.24%-29.24% Variable

Rewards rate

1% - 3%

Annual fee

$0

Why you'll like this: It gives you a chance to pay off debt while making the most of your everyday purchases.

Best for dining

Chase Freedom Unlimited®

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4.3

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4.8
Bankrate review
Recommended credit score:(670 - 850)
Apply nowLock

on Chase's secure site

Balance transfer intro APR

0% Intro APR on Balance Transfers for 15 months

Regular APR

19.49% - 28.24% Variable

Rewards rate

1.5% - 5%

Annual fee

$0

Why you'll like this: Its exceptionally comprehensive reward categories can be a great tool for everyday spending alongside its intro APR offer.

Best for excellent credit

Citi® Diamond Preferred® Card

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4.1
Bankrate review
Recommended credit score:(670 - 850)
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Balance transfer intro APR

0% for 21 months on Balance Transfers

Regular APR

17.24% - 27.99% (Variable)

Rewards rate

N/A

Annual fee

$0

Why you'll like this: Its balance transfer intro APR is one of the longest if you want a streamlined card with features that benefit from an excellent credit score.

Best for groceries

Blue Cash Preferred® Card from American Express

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4.4

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4.4
Bankrate review
Recommended credit score:(670 - 850)
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on American Express's secure site

See Rates & Fees, Terms Apply

Balance transfer intro APR

0% on balance transfers for 12 months

APR

18.24%-29.24% Variable

Rewards rate

1% - 6%

Annual fee

$0 intro annual fee for the first year, then $95.

Why you'll like this: You can enjoy a best-in-class rewards rate on groceries as you pay off debt with its intro APR.

Only Available in 15 East Coast States and D.C.

Best for late payment fee forgiveness

TD FlexPay Credit Card

Bankrate score

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4.1
Bankrate review
See Terms
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on TD Bank's secure site

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Balance transfer intro APR

Get our best balance transfer offer: 0% introductory APR on balance transfers for first 18 billing cycles after account opening. After that 18.24% - 28.24% variable APR based on your creditworthiness.

Regular APR

18.24%, 20.24%, 23.24%, 26.24% or 28.24% variable APR based on your creditworthiness.

Rewards rate

N/A

Annual fee

None

Why you'll like this: Your first late fee is refunded every 12 billing cycles, so it’s a safer choice if you’re worried about keeping up with payments.

Best for travel

Bank of America® Travel Rewards credit card

Cardholder rating

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4.1

Bankrate score

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star iconstar iconstar iconstar iconstar icon
4.3
Bankrate review
Recommended credit score:(670 - 850)
Apply nowLock

on Bank of America's secure site

Balance transfer intro APR

0% Intro APR for 15 billing cycles for any BTs made in the first 60 days. A fee of 3% for 60 days from account opening, then 4% will apply.

Regular APR

18.24% - 28.24% Variable APR on purchases and balance transfers

Rewards rate

1.5X - 3X

Annual fee

$0

Why you'll like this: It’s one of the only travel cards that helps you minimize interest and earn points on bookings (at a top flat rate via Preferred Rewards members).

Best for unlimited cash rewards

Wells Fargo Active Cash® Card

Bankrate score

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4.3
Bankrate review
Recommended credit score:(670 - 850)
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on Wells Fargo's secure site

See Rates & Fees

Balance transfer intro APR

0% intro APR for 12 months from account opening on qualifying balance transfers

Regular APR

19.24%, 24.24%, or 29.24% Variable APR

Rewards rate

2%

Annual fee

$0

Why you'll like this: This is a well-rounded starter card with a decent intro APR offer, unlimited flat-rate rewards and no annual fee.

Best for customizable rewards

Bank of America® Customized Cash Rewards credit card

Cardholder rating

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4.3

Bankrate score

star iconstar iconstar iconstar iconstar icon
star iconstar iconstar iconstar iconstar icon
4.3
Bankrate review
Recommended credit score:(670 - 850)
Apply nowLock

on Bank of America's secure site

Balance transfer intro APR

0% Intro APR for 15 billing cycles for any BTs made in the first 60 days. A fee of 3% for 60 days from account opening, then 4% will apply.

Regular APR

18.24% - 28.24% Variable APR on purchases and balance transfers

Rewards rate

1% - 3%

Annual fee

$0

Why you'll like this: With its easy-to-earn bonus, solid intro APR offers and customizable rewards, it offers short- and long-term flexibility and value.

Best for simplicity

Bank of America® Unlimited Cash Rewards credit card

Cardholder rating

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4.5

Bankrate score

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3.8
Bankrate review
Recommended credit score:(670 - 850)
Apply nowLock

on Bank of America's secure site

Balance transfer intro APR

0% Intro APR for 15 billing cycles for any BTs made in the first 60 days. A fee of 3% for 60 days from account opening, then 4% will apply.

Regular APR

18.24% - 28.24% Variable APR on purchases and balance transfers

Rewards rate

1.5%

Annual fee

$0

Why you'll like this: You can save on interest with its intro APR and enjoy long-term value thanks to its $0 annual fee and solid flat rewards rate.

Best for low interest

USAA Rate Advantage Credit Card

Bankrate score

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3.0
Bankrate review
Recommended credit score:(670 - 850)
Apply nowLock

on USAA's secure site

See Rates & Fees

Balance transfer intro APR

0% intro APR for 15 months on balance transfers, then 11.15% to 25.15% variable regular APR

Regular APR

11.15% to 25.15% variable

Rewards rate

N/A

Annual fee

$0

Why you'll like this: You have a chance at a lower-than-average ongoing APR, which could help you save on interest even after your intro APR period ends.

Best for low intro balance transfer fee

BankAmericard® credit card

BankAmericard® credit card

Cardholder rating

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4.5

Bankrate score

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4.8
Bankrate review
Recommended credit score:(670 - 850)

Balance transfer intro APR

0% Intro APR for 18 billing cycles for any BTs made in the first 60 days. A fee of 3% for 60 days from account opening, then 4% will apply.

Regular APR

15.24% - 25.24% Variable APR on purchases and balance transfers

Rewards rate

N/A

Annual fee

$0

Why you'll like this: You can enjoy a solid intro APR on both purchases and balance transfers, a low transfer fee and a chance at lower-than-average ongoing APR.

Best credit union balance transfer card

Gold Visa® Card

Gold Visa® Card

Bankrate score

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3.6
Bankrate review
Recommended credit score:(670 - 850)

Balance transfer intro APR

0% Balance Transfers Promo APR for 15 months

Regular APR

17.99% Variable APR

Rewards rate

N/A

Annual fee

$0

Why you'll like this: You can take advantage of one of the lowest ongoing APRs if you’re not sure you’ll qualify for the minimum rate of other balance transfer cards.

compare
Compare

Compare Bankrate's best 0% balance transfer credit cards

Card Name Bankrate's pick for
0% balance transfer intro APR period
Purchase Intro APR Card highlights
Bankrate Review Score

Minimal fees

21 months 0% for 21 months on Balance Transfers
12 months 0% for 12 months on Purchases
Regular APR: 18.24% - 28.99% (Variable)

4.5 / 5

Info Icon
(Read card review)
Apply now Lock Icon
on Citi's secure site

Long balance transfer intro APR

21 months 0% intro APR for 21 months from account opening on qualifying balance transfers
21 months 0% intro APR for 21 months from account opening
Regular APR: 17.24%, 23.74%, or 28.99% Variable APR

4.3 / 5

Info Icon
(Read card review)
Apply now Lock Icon
on Wells Fargo's secure site

Welcome offer

18 months 0% for 18 months
6 months 0% for 6 months
Regular APR: 18.24% - 27.24% Variable APR

4.0 / 5

Info Icon
(Read card review)
Apply now Lock Icon
on Discover's secure site

Encouraging payments

18 months 0% intro for 18 months on Balance Transfers
N/A
Regular APR: 18.24% - 28.24% (Variable)

4.2 / 5

Info Icon
(Read card review)
Apply now Lock Icon
on Citi's secure site

Everyday spending

15 months 0% on balance transfers for 15 months
15 months 0% on purchases for 15 months
Regular APR: 18.24%-29.24% Variable

4.6 / 5

Info Icon
(Read card review)
Apply now Lock Icon
on American Express's secure site
See Rates & Fees , Terms Apply

Dining

15 months 0% Intro APR on Balance Transfers for 15 months
15 months 0% Intro APR on Purchases for 15 months
Regular APR: 19.49% - 28.24% Variable

4.8 / 5

Info Icon
(Read card review)
Apply now Lock Icon
on Chase's secure site

Excellent credit

21 months 0% for 21 months on Balance Transfers
12 months 0% for 12 months on Purchases
Regular APR: 17.24% - 27.99% (Variable)

4.1 / 5

Info Icon
(Read card review)
Apply now Lock Icon
on Citi's secure site

Groceries

12 months 0% on balance transfers for 12 months
12 months 0% on purchases for 12 months
Regular APR: 18.24%-29.24% Variable

4.4 / 5

Info Icon
(Read card review)
Apply now Lock Icon
on American Express's secure site
See Rates & Fees , Terms Apply

Late fee forgiveness

18 billing cycles Get our best balance transfer offer: 0% introductory APR on balance transfers for first 18 billing cycles after account opening. After that 18.24% - 28.24% variable APR based on your creditworthiness.
N/A
Regular APR: 18.24%, 20.24%, 23.24%, 26.24% or 28.24% variable APR based on your creditworthiness.

4.1 / 5

Info Icon
(Read card review)
Apply now Lock Icon
on TD Bank's secure site

Travel 

15 billing cycles 0% Intro APR for 15 billing cycles for any BTs made in the first 60 days. A fee of 3% for 60 days from account opening, then 4% will apply.
15 billing cycles 0% Intro APR for 15 billing cycles for purchases
Regular APR: 18.24% - 28.24% Variable APR on purchases and balance transfers

4.3 / 5

Info Icon
(Read card review)
Apply now Lock Icon
on Bank of America's secure site

Flat-rate cash rewards

12 months 0% intro APR for 12 months from account opening on qualifying balance transfers
12 months 0% intro APR for 12 months from account opening
Regular APR: 19.24%, 24.24%, or 29.24% Variable APR

4.3 / 5

Info Icon
(Read card review)
Apply now Lock Icon
on Wells Fargo's secure site

Customizable rewards

15 billing cycles 0% Intro APR for 15 billing cycles for any BTs made in the first 60 days. A fee of 3% for 60 days from account opening, then 4% will apply.
15 billing cycles 0% Intro APR for 15 billing cycles for purchases
Regular APR: 18.24% - 28.24% Variable APR on purchases and balance transfers

4.3 / 5

Info Icon
(Read card review)
Apply now Lock Icon
on Bank of America's secure site

Preferred Rewards members

15 billing cycles 0% Intro APR for 15 billing cycles for any BTs made in the first 60 days. A fee of 3% for 60 days from account opening, then 4% will apply.
15 billing cycles 0% Intro APR for 15 billing cycles for purchases
Regular APR: 18.24% - 28.24% Variable APR on purchases and balance transfers

3.8 / 5

Info Icon
(Read card review)
Apply now Lock Icon
on Bank of America's secure site

Low interest 

15 months 0% intro APR for 15 months on balance transfers, then 11.15% to 25.15% variable regular APR
0 None
Regular APR: 11.15% to 25.15% variable

3.0 / 5

Info Icon
(Read card review)
Apply now Lock Icon
on USAA's secure site
Image of BankAmericard® credit card
BankAmericard® credit card
Intro balance transfer fee
18 billing cycles 0% Intro APR for 18 billing cycles for any BTs made in the first 60 days. A fee of 3% for 60 days from account opening, then 4% will apply.
18 billing cycles 0% Intro APR for 18 billing cycles for purchases
Regular APR: 15.24% - 25.24% Variable APR on purchases and balance transfers
Image of Gold Visa® Card
Gold Visa® Card
Credit union card
15 months 0% introductory APR for 15 months on balance transfers made in the first 90 days after account opening
15 months 0% Introductory APR on purchases made the first 15 months after account opening
Regular APR: 17.99% Variable APR

*The information about the Citi Custom Cash® Card has been collected independently by Bankrate.com. The card details have not been reviewed or approved by the card issuer.

Researching the best balance transfer cards

We thoroughly rate and research the best balance transfer credit cards based on key criteria to help you make confident decisions when choosing your next credit card. Learn more about our methodology below.

Document Icon
100+
Cards rated
Credit Card Apr Icon
400+
APRs tracked
Search Icon
3000
Data points analyzed
Credit Card Reviews Icon
40+
Perks evaluated

What is a balance transfer credit card?

A balance transfer card lets you move a balance from one credit card to another. Balance transfer cards typically come with an introductory 0 percent APR offer for a set period, usually between 12 and 21 months. During this period, you won't be charged interest on your transferred balance, which lets you pay off your debt more efficiently.

After your intro period ends, an ongoing APR applies to any remaining balance left over on the card that received the balance transfer. Dedicated balance transfer cards typically offer fewer rewards or perks than rewards cards, but will often feature longer intro APR periods than their reward counterparts. 

What makes a great balance transfer card?

You have plenty of options when searching for the best balance transfer card to help you pay down debt. Look for the top features that balance transfer cards have when shopping around to find the one that meets your needs in getting rid of credit card debt. 

Long intro APR period

The best balance transfer cards have intro periods of at least 15 months, but the longer, the better when your goal is paying off debt. A few cards offer some of the longest periods of 21 months, which give you almost two years free from interest to focus on your goal.

Best examples: Citi Simplicity® Card, Wells Fargo Reflect® Card and Citi® Diamond Preferred® Card

Reasonable balance transfer fee

It's unlikely you'll find a balance transfer card from a major issuer that doesn't charge a balance transfer fee. They're usually 3 percent to 5 percent of the balance you transfer, tacked onto your total. However, some cards have intro balance transfer fees of 3 percent to 4 percent if you transfer your balance within the first few months of opening the card.

Best examples: Citi Simplicity® Card, Discover it® Chrome and BankAmericard® credit card

Low rates and fees

Your goal with a balance transfer is to avoid interest and extra costs, but sometimes you can't pay off the debt by the end of the intro period. If you don't think you can pay the whole balance, then look for cards with low rates and fees. Any APR near 35 percent is a no-go — consider cards with an APR range less than that.

Best examples: BankAmericard® credit card, USAA Rate Advantage Card and Gold Visa® Card

Long-term value

What should you do with a balance transfer card after the intro APR ends? If you've paid off the card and met your debt-management goals, you might want to start earning cash back and credit card rewards. If you want a balance transfer card that earns rewards, you'll sacrifice a few months of the intro APR period, but get more long-term value from the card.

Best examples: Citi Double Cash® Card, Blue Cash Everyday® Card from American Express and Chase Freedom Unlimited®

How much money could you save with a 0% APR balance transfer?

Transunion’s most recent data shows that the average credit card balance hit $6,380 as of November 2024. That’s nearly a 5 percent increase from 2023 and a 31 percent jump since 2021. While credit card balances increased over the last three years, so were the interest rates attached to them. The Federal Reserve Bank of St. Louis reported that the average interest rate on credit cards was 14.51 percent in 2021. By November 2024, that modest interest rate vanished, and borrowing with a credit card became almost 7 percent more expensive, with average credit card interest rates reaching 21.47 percent.

If you’re part of the nearly half of Americans carrying a balance on your card, the right balance transfer card could save you hundreds of dollars when paying off credit card debt. Here’s how much you could save transferring $6,380 to a balance transfer card with an 18-month 0 percent intro APR offer — even with a 5 percent balance transfer fee — versus keeping it on a 21 percent APR credit card.

APR Starting amount Monthly payment Total interest Total paid
21% for 18 months $6,380 $416 $1,112 $7,492
0% intro on balance transfers for 18 months $6,699 (includes 5% balance transfer fee) $355 $0 $6,699

Your transfer limit is usually equal to or less than your credit limit. For example, if an issuer approves you for a credit limit of $5,000, you can transfer up to the same amount with most issuers. However, what debts you can transfer and the balance transfer policies of your specific issuer will also determine the amount you can transfer.

Balance transfer calculator

How to maximize your balance transfer savings

A balance transfer card is an effective tool to help you pay off debt, but it's only helpful if you use it wisely. To maximize your savings with a balance transfer, keep these tips in mind:

  1. Make a budget

    Once you've picked and been approved for a balance transfer card, make a budget. Divide the total amount you're transferring (plus the balance transfer fee) by the months in your intro APR period. That's how much you'll need to pay each month to clear your debt by the end of the offer period.

    Transfer your balance immediately

    Most balance transfer cards give you two to six months to initiate your balance transfer. Consider this timeframe when choosing your card, and make sure you transfer your balance on time.

  2. Always pay on time

    If you miss a payment on your balance transfer card, you could forfeit the remainder of your intro APR offer. Put your credit card account on auto-pay for the monthly amount you budgeted for and double check that it goes through so you can take advantage of the full offer. Plus, missing a payment can hurt your credit score.

  3. Avoid shuffling your debt around

    Repeatedly transferring your credit card balances every time the 0 percent intro rate ends will likely do more harm than good. If you find yourself using balance transfers as more of a Band-Aid for your cash flow issues instead of using them to eliminate debt entirely, then it’s time to re-evaluate. If that sounds like you, it might be time to consider other solutions like debt consolidation or a debt management plan to help you tackle those balances. 

Balance transfer card news & views

High inflation and other economic factors have pushed consumer credit card balances to new heights over the past two years. In the latest report from the Federal Reserve, credit card balances clocked in at $1.21 trillion in Q4 of 2024 — an increase of $220 billion. Americans attempt to stay afloat in the face of record inflation by relying heavily on their credit cards. 

According to a recent Bankrate survey, 2 in 5 cardholders have maxed out a credit card or come close to it since the Fed started raising interest rates in 2022. But only 10 percent of those who maxed out a card applied for a balance transfer to help ease their debt burden. 

Balance transfer cards are an effective tool to dig yourself out of debt, but getting approved for one is harder these days. According to Bankrate’s proprietary data, approval rates for balance transfer cards decreased overall for applicants starting January 2025 — regardless of credit score. Among Bankrate users who applied for balance transfer cards, only about 43 percent were approved in February 2025, compared to almost 60 percent in October 2024.

Although your approval odds for a card depend on your credit profile, these trends suggest that opening a balance transfer card is getting more difficult. If you’re unsure of your approval odds for a card you’re interested in, consider checking whether you can get preapproved cards with different issuers or use tools like Bankrate’s CardMatch™ to understand your chances better. Exploring preapproval odds before applying could save your credit score a hit.

For the best chances of getting approved for a balance transfer card, don’t wait until your credit score tanks or you’re struggling with payments to apply. It’s a common mistake that one Redditor consulted the community about after being denied a loan and a balance transfer card to pay down a $26,000 balance. 

Once your credit score drops into the fair credit range due to credit utilization or late payment issues, it’s much harder to qualify for a balance transfer card or other lending options. In response, a commenter suggested doing a debt management plan with American Consumer Credit Counseling (a non-profit credit counseling organization) instead. 

It’s an under-utilized tactic that Bankrate lead writer Benét Wilson used to pay off her debts several years ago. “After going up the credit card debt escalator again in early 2002, I decided to play it smart and get help to tackle my debt," she says. "I signed up with Stafford, Texas-based Money Management International, a nonprofit organization that helps consumers with credit card counseling and debt relief. MMI taught me a lot about budgeting, managing my credit cards and financial education and my debt was paid off in 2004.”

*The quotes and citations included on this page have been verified by our editorial team and are accurate as of the posting date. Outlinked content may contain views and opinions that do not reflect the views and opinions of Bankrate.

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Alternatives

Debt consolidation loan vs. balance transfer card

Here’s how Bankrate experts used their balance transfer cards

Bankrate staff experience

“In late 2020, I used the Discover it® Cash Back card’s balance transfer offer to pay down the credit card debt that I accumulated from changing jobs and moving to a new apartment. I was a bit naive and didn’t have a solid monthly budget, so I still ended up with a balance at the end, but it was low enough that I could pay off the rest soon after. But when I mixed up my due dates and missed a payment early on, Discover forgave the first late payment (up to $41 after), which I appreciated.”

Courtney Mihocik Courtney Mihocik, credit cards senior editor

“When I was trying to pay off credit card debt as a freelancer two years ago, I compared balance transfer options and chose to go with the Citi Simplicity® Card. My main priority was finding the longest intro APR period. The Citi Simplicity beat most other options and made it easy for me to pay down my balance on schedule without destroying my fluctuating budget at the time.

Keeping fees to a minimum was next on my list, because every little bit counts when you're paying off debt. When I compared it to the Citi® Diamond Preferred® Card (a card with a similar offer) I noticed that the Citi Simplicity had no late fees, a lower balance transfer fee as an intro offer and no penalty APR rate. That was a no-brainer for me."

Seychelle Thomas Seychelle Thomas, credit cards writer
Bankrate logo
BANKRATE EXPERT FAQ

Ask the experts: What is the biggest mistake people make with balance transfers?


Financial Educator, Debt and Credit

As a credit counselor, there are two big mistakes I see people make with balance transfers. First, they transfer the balance and then only make the minimum payment. As a result, when the promotional rate ends they are stuck with a high interest rate again and they often cycle from one balance transfer to the next, paying a fee each time and often not making any real progress on paying down the balance. Secondly, much like when taking out a debt consolidation loan, people often transfer the balance and then either continue to accrue debt on the previous account or put new charges on the balance transfer account, resulting in more debt and a high interest rate paid on those new charges.

Contributor, Personal Finance

Often people transfer card balances to take advantage of a 0 percent intro APR offer, but then they’re surprised by the much higher APR they’re hit with at the end of the introductory period. You must understand the rules of each individual card when you’re making a balance transfer and know that 0 percent doesn’t mean $0. Be sure to check for transfer fees or limits, and always understand what is going to happen if you don’t pay off the transfer within the bank’s designated time frame.

Contributor, Credit Cards

Balance transfer cards can save people who have expensive, overwhelming debt so much money on interest fees. But you have to consider your overall financial picture and commit to paying the transferred balance off and not adding new debt. By far the biggest mistake people make is running up a balance on the old card again. Then, if they don’t pay the transferred balance off before the intro rate reverts to the regular rate, they’re really in trouble. To make balance transfer credit cards work in your favor, you absolutely have to be committed to the process.

Frequently asked questions about balance transfer credit cards

How we assess the best balance transfer credit cards

When evaluating the best balance transfer and low-interest cards, we consider a mix of factors, including how cards score in our proprietary card rating system and whether cards offer features that fit the priorities of a diverse group of cardholders. 

This includes users who need to carry a balance long term, need as much time as possible to chip away at debt or are looking for maximum long-term value via rewards.

Here’s a quick look at how our rating methodology breaks down for balance transfer cards:

5
Rating: 5 stars out of 5
Overall Score
  • Intro APR and offer length for balance transfers 45%
  • Balance transfer, annual and other fees 22%
  • Intro APR and offer length for new purchases 18%
  • Ongoing APR 15%

We analyzed over 100 of the most popular balance transfer and low-interest cards and scored each based on its introductory APR, intro APR period length, ongoing APR, balance transfer fee, perks and more to determine whether it belonged in this month’s roundup

Here are some of the key factors that we considered:

Have more questions for our credit cards editors? Feel free to send us an email, find us on Facebook, or Tweet us @Bankrate.