This Simple Credit-Card Switch Could Put $1,868 Back in Your Wallet

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If you’re carrying credit card debt, getting ahead can feel overwhelming. Trying to pay down a balance while double-digit interest rates work against you is like running in place. 

But a balance-transfer credit card can change that. A card like the Navy Federal Credit Union Platinum Credit Card offers a low introductory APR — 0.99% for the first 12 months on balances transferred within 60 days of account opening¹ (after that, a variable APR between 10.24% and 18% applies)  — so more of your money goes toward your balance instead of interest. 

In fact, Navy Federal members on average save $1,868 over the promotional period by transferring their balance to the Platinum Credit Card². 

How a Balance Transfer Helps — And How it Could Save You $1,868 

A balance transfer moves what you owe from one or more high-rate cards onto a single card with a lower rate. Done right, it does two things at once: It consolidates several payments into one due date, and it cuts the interest that’s slowing you down. 

With the Navy Federal Platinum Card, you get a 0.99% intro APR for 12 months from account opening on balances transferred within 60 days — and no balance-transfer fee. After the intro period, a variable APR between 10.24% and 18% applies¹, based on your creditworthiness. Keep making the same monthly payment you do now, and more of it goes toward your balance — which means you could be debt-free sooner. 

On average, members save $1,868 over the promo period by transferring their balance to the Navy Federal Platinum Card. Your own savings will depend on your balance, your current APR and how quickly you pay it down, but the higher your rate today, the more a switch can save you. 

How to Get Started 

With the Platinum Card, you can transfer your balance with no transfer fee — and you’ll also pay no annual fee, no foreign-transaction fees and no cash-advance fees¹. 

Getting started is straightforward, and applying won’t affect your credit score. Ready to cut your interest rate to just 0.99% intro APR for the first 12 months on balance transfers? 

Get started here and see how much you could save. 

This content is intended to provide general information and should not be considered legal, tax, or financial advice. It is always a good idea to consult a tax or financial advisor for specific information on how certain laws apply to your situation and about your individual financial situation. 

¹ As of 2/3/2026, rates range from 10.24% APR to 18.00% APR, are based on creditworthiness, and will vary with the market based on the U.S. Prime Rate. ATM cash advance fees: None if performed at a Navy Federal branch or ATM. Otherwise, $0.50 per domestic transaction or $1.00 per foreign transaction. Balance transfer offer: Application must be submitted by 01/03/2027. Offer valid for balances transferred from non-Navy Federal credit cards within 60 days of account opening. Maximum total transfer amount is limited to your available credit line. Balance transfers using convenience checks are excluded from this offer. If you transfer a balance with this offer, interest will be charged on purchases made with your credit card unless your purchases have a 0% APR or you pay the entire balance, including any transferred balances made under this offer, in full each month by the payment due date. Limit of one promotional offer at account opening. Navy Federal reserves the right to change or end this offer at any time without notice. 

² This table is for illustrative purposes; your situation may differ. Savings claim uses a $9,233 balance transfer amount, which was the average amount transferred to Navy Federal Platinum Cards within the first 60 days of account opening in 2025. The Interest Accrued amounts and the $1,868 example savings assume no additions to and no payments made toward the transferred balance during the 12-month promo APR period. 

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