10 Best Balance-Transfer Credit Cards

If you’re paying a premium in interest each month just to keep up with your credit card minimum payments, it might be time for you to consolidate credit card debt and look into getting a balance-transfer credit card. Transferring high-interest credit card balances to a card with a low-interest offer could help you to pay off your debt sooner than later.

Best Credit Cards for Transferring Balances

To help you better compare credit cards and decide which credit card offers might be best for paying off your debt, here’s a closer look at 10 of the best balance-transfer credit cards, based on promotional interest rates and other features, including 0% intro APR offers. Here are the best balance-transfer credit cards:

Best Balance-Transfer Credit Cards
Credit Card		Balance Transfer Fee	Intro APR	Purchase APR	How to Apply
	Citi Diamond Preferred Card	$5 or 3 percent, whichever is greater	0% for 21 months	13.99% to 23.99%	Learn More
	Citi Simplicity Card	$5 or 3 percent, whichever is greater	0%for 21 months	14.99% to 24.99%	Learn More
	BankAmericard Credit Card	3 percent or $10 min.; $0 balance transfer fee for the first 60 days your account is open	0% for first 15 Statement Closing Dates	12.99% to 22.99%	Learn More
	Chase Slate	$0 intro fee on transfers made within 60 days of account opening; thereafter $5 or 5 percent, whichever is greater	0% for 15 months	15.99% to 24.74%	Learn More
	Citi Double Cash Card	$5 or 3 percent, whichever is greater	0% for 18 months	14.49% to 24.49%	Learn More
	Chase Freedom	$5 or 5 percent, whichever is greater	0% for 15 billing cycles	15.99% to 24.74%	Learn More
	Barclaycard Ring Mastercard	None	Variable*	10.49%*	Learn More
	Discover it	3 percent	0% for 14 months	11.99% to 23.99%	Learn More
	Amex EveryDay Credit Card	$5 or 3 percent, whichever is greater	0% for 15 months	13.99% to 24.99%	Learn More
	Blue Cash Everyday Card	$5 or 3 percent, whichever is greater	0% for 15 months	13.99% to 24.99%	Learn More
Rates accurate as of Oct. 23, 2017. *Barclaycard rate updated May 7, 2018.

Citi Diamond Preferred Card

• Balance Transfer Fee: $5 or 3 percent, whichever is greater
• Intro APR: 0% APR for 21 months
• Purchase APR: 13.99% to 23.99% APR
• Annual Fee: $0

The Citi Diamond Preferred Card is one of the top 0% interest credit cards with a low balance transfer fee. You won’t pay interest on your transferred balance for 21 months. You’ll have access to Citi Concierge and Citi Price Rewind benefits, plus there’s no annual fee. Other perks include travel protection, purchase protection, automatic account alerts and a link to your Apple Pay account.

Citi Simplicity Card

• Balance Transfer Fee: $5 or 3 percent, whichever is greater
• Intro APR: 0% APR for 21 months
• Purchase APR: 14.99% to 24.99% APR
• Annual Fee: $0

The Citi Simplicity Card is one of the best transfer credit cards for those who need more time to pay off a balance. You’ll get a full 21 months to pay off your balance with zero interest. If you have a hard time keeping up with payment due dates, this might be the right card for you: It doesn’t charge late fees, penalty rates or an annual fee. Any purchases you make within the 21-month period benefit from the zero-percent interest rate offer.

More Options: Best Credit Card Offers, Deals and Bonuses

BankAmericard Credit Card

• Balance Transfer Fee: 3 percent or $10 minimum; $0 balance transfer fee for the first 60 days your account is open
• Intro APR: 0% APR for the first 15 statement closing dates
• Purchase APR: 12.99% to 22.99% APR
• Annual Fee: $0

Another of the best 0% APR interest credit cards is the BankAmericard. The introductory rate is 0% APR for 15 billing cycles on all transfers made within 60 days of opening the account. Additional perks include mobile banking and text banking services, overdraft protection when linked to a Bank of America deposit account, and a $0 liability guarantee to cover fraudulent activity.

Chase Slate

• Balance Transfer Fee: $0 introductory fee on transfers made within 60 days of account opening; thereafter $5 or 5 percent, whichever is greater
• Intro APR: 0% APR for 15 months
• Purchase APR: 15.99% to 24.74% APR
• Annual Fee: $0

If you have more than one card balance to transfer, this could be the best choice. The best feature of the Chase Slate credit card is that there’s no balance transfer fee on transfers made within the first 60 days. Also, transferred balances won’t be subject to interest for 15 months, and there is no annual fee. You also get access to a free monthly FICO score.

Citi Double Cash Card

• Balance Transfer Fee: $5 or 3 percent, whichever is greater; balance transfers must be completed within four months of the account opening
• Intro APR: 0% APR for 18 months
• Purchase APR: 14.49% to 24.49% APR
• Annual Fee: $0

In addition to a low balance transfer fee and 0% APR on your transferred balance for 18 months, the Citi Double Cash Card could be your best bet for a cash rewards credit card. You can earn 1 percent on all purchases and an additional 1 percent when you pay for those purchases. This rewards system is beneficial if you plan to use your credit card for more than just transferring balances.

Find Out: Smart Strategies to Get Out of Debt

Chase Freedom

• Balance Transfer Fee: $5 or 5 percent, whichever is greater
• Intro APR: 0% APR for 15 billing cycles
• Purchase APR: 15.99% to 24.74% APR
• Annual Fee: $0

The Chase Freedom credit card is another cash back rewards card to consider. You can earn 5 percent cash back on up to $1,500 in purchases in special categories each quarter and 1 percent cash back on all other purchases. After spending $500 on purchases in the first three months of opening your account, you can earn a $150 bonus. A cash rewards credit card with an attractive balance transfer offer — like the Chase Freedom card — has the added benefit of earning cash back when you use the credit card for other transactions.

Barclaycard Ring Mastercard

• Balance Transfer Fee: None
• Purchase APR:  10.49%, subject to creditworthiness
• Annual Fee: $0

The Barclaycard Ring Mastercard offers 10.49% APR, depending upon review of your application and your credit history. The variable APR for cash advances is 10.49%. The Barclaycard also charges no annual fee and grants free online access to your FICO score, subject to conditions.

Discover it

• Balance Transfer Fee: 3 percent
• Intro APR: 0% APR for 14 months
• Purchase APR: 11.99% to 23.99% APR
• Annual Fee: $0

The Discover it card offers 5 percent cash back in rotating categories. For example, in one quarter you might earn 5 percent back at Amazon.com or department stores, while in the following quarter you might earn on money spent at gas stations and restaurants. Each quarter’s spending is limited to $1,500. Beyond that, you’ll earn 1 percent cash back on all other purchases. At the end of your first year, Discover will match all of the cash you earned that year as a bonus.

Learn: How Credit Card Balance Transfers Work

Amex EveryDay Credit Card

• Balance Transfer Fee: $5 or 3 percent, whichever is greater
• Intro APR: 0% APR for 12 months
• Purchase APR: 13.99% to 23.99% APR
• Annual Fee: $0

With the Amex EveryDay credit card, you’ll enjoy a 0 percent introductory APR on both purchases and balance transfers for the first 12 months. You’ll also earn 10,000 American Express Membership Rewards points if you spend $1,000 on the card within the first three months. Any time you make 20 or more purchases on the card in one billing cycle, you’ll earn 20 percent more points. Purchases made at U.S. supermarkets earn double the points, up to $6,000 in supermarket spend per year. The card carries no annual fee.

Blue Cash Everyday Card

• Balance Transfer Fee: $5 or 3 percent, whichever is greater
• Intro APR: 0% APR for 15 months
• Purchase APR: 13.99% to 24.99% APR
• Annual Fee: $0

The Blue Cash Everyday Card offers a 0% APR for 15 months with no annual fee. Perks include 3 percent cash back at supermarkets on spending of up to $6,000 per year, 2 percent cash back at supermarkets and select department stores, and 1 percent cash back on other purchases. You also benefit from purchase return and roadside assistance services, along with the extension of manufacturers’ warranties on purchases.

You can apply online for these low balance transfer fee or 0 percent balance transfer credit cards, which are the best balance transfer cards for fair credit or good credit. If you have a low credit score, you should consider balance transfer credit cards for bad credit.

Next Up: 6 Surprising Uses for Your Credit Card Rewards

Methodology: GOBankingRates.com identified the best balance-transfer credit cards by evaluating the following factors: balance transfer fee, intro APR, purchase APR, annual fee and perks. All fees and rates are subject to change at the credit card issuers’ discretion. Some offers might not be available on the credit card issuers’ websites, depending on how you access the web page.

GOBankingRates is a personal finance and consumer interest rate website owned by ConsumerTrack, Inc., an online marketing company serving top-tier banks, credit unions, and other financial services organizations. Some companies mentioned in this article might be clients of ConsumerTrack, Inc., which serves more than 100 national, local and online financial institutions. Rankings and roundups are completely objective, and no institution, client or otherwise, paid for inclusion or specific placement. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone and have not been reviewed, approved, or otherwise endorsed by the companies included in the article.