Balance Transfer Credit Cards


We reviewed several balance transfer credit cards and complied a listing of the Top 5 in which we feel offer the best benefit to consumers. The majority of people who have a credit card carry a balance every month. Most of these balances are being charged interest. With so many credit card balance transfer deals available with 0% interest for a set period of time, why should you continue paying interest? You can save hundreds if not thousands of dollars every year by taking advantage of one of these 0% balance transfer credit card offers.

The major banks are looking for new cardholders and are willing to compete for your business by offering really competitive rates. The balance transfer rates being offered online today are better than the rates offer prior to the recession. It would have been hard to find a few years ago a 0% balance transfer intro rate for 18 or 24 months, but there are a few available today. Please review our Top 5 Balance Transfer Cards list and select the card that is right for you.

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 USAA Military Affiliate Card 
 

  • USAA Eligibility Requirement: Today, USAA membership is only open to U.S. military service members, veterans who have received a discharge type of Honorable, and their eligible family members.
  • Special Offer: 0% Intro APR for 12 months on balance transfers that post within the first three months. After 12 months, the 11.15% to 26.15% variable regular APR will apply.
  • Show your military pride while supporting the affiliate group of your choice.
  • Get 2,500 bonus points after you make your first purchase.
  • Redeem your USAA Rewards points towards cash, gift cards, name brand merchandise and travel with no blackout date.
  • No annual fee and no minimum finance charge.
  
 Intro Purchase APR
N/A*
Intro Balance Trans. APR
0% for 12 months*
APR
11.15%-26.15% (Variable)
Annual Fee
$0 1st year, then $0
 



 Barclaycard® Ring MasterCard® 
 

  • No Balance Transfer Fees - start saving immediately!
  • A low variable APR on balance transfers and purchases
  • No Annual Fee
  • Choose your card benefits and features
  • Get rewarded through the new Giveback™ program, where Barclaycard Ring members get money back for good performance
  • Get exclusive access to our online community and vote on the card features you like and view the financials of the Barclaycard Ring MasterCard online
  • Learn more about personal finance from Barclaycard and other members
  • Complimentary FICO® Credit Scores as a benefit to active cardmembers. Opt-in to have instant and convenient access to FICO® Scores from your Barclaycard online account.
  
 Intro Purchase APR
N/A*
Intro Balance Trans. APR
N/A*
APR
8.25%* Variable
Annual Fee
$0
 



 NFL Extra Points Credit Card 
 

  • All 32 team cards are available, customized with your favorite team's colors and logo
  • Earn 10,000 bonus points after $500 in purchases in the first 90 days, enough to redeem for $100 cash back
  • 20% off purchases at NFLShop.com - that's $20 off every $100 you spend
  • 0% Promotional APR for 6 months on eligible NFL ticket purchases. After that a variable APR will apply, 15.24%, 20.24% or 25.24%, based on your creditworthiness
  • Earn 2 points per $1 on NFL or Team purchases - eligible game tickets, in-stadium and team pro shop purchases - and 1 point per $1 on all other purchases
  • Redeem points for NFL game tickets, VIP experiences, or 1% cash back beginning at 2,500 points for $25
  • 0% Introductory APR for 15 months on Balance Transfers made within 45 days of account opening. After that a variable APR will apply, 15.24%, 20.24% or 25.24%, based on your creditworthiness.
  • Please note, there is a fee for balance transfers.
  
 Intro Purchase APR
N/A*
Intro Balance Trans. APR
0%15 months (must be completed within first forty-five days of account opening)*
APR
15.24%, 20.24% or 25.24%* Variable
Annual Fee
$0
 



 U.S. Bank Visa® Platinum Card 
 

  • 0% Intro APR* on purchases and balance transfers for 15 billing cycles. After that, a variable APR currently 10.24%-21.24%*
  • No annual fee*
  • Online bill pay for a fast and convenient way to pay bills online with your U.S. Bank Visa® Platinum
  • Zero fraud liability* for unauthorized transactions if your card is ever lost or stolen
  • Fraud Protection detects and notifies you of any unusual card activity to help keep your account safe
  • Chip technology for enhanced card security
  • Online banking and mobile apps* for your smartphone or tablet provide complete, 24/7 access to your account
  
 Intro Purchase APR
0%* for 15 billing cycles*
Intro Balance Trans. APR
0%* for 15 billing cycles*
APR
10.24% - 21.24%* (Variable)
Annual Fee
$0*
 



 Capital One® Card Finder Tool 
 

  • Find card offers you may be eligible for without affecting your credit score
  • Get matched to features you want like low intro rates, cash back or miles, and more
  • See your card matches in less than 60 seconds
  • Find a card for where you are to help you prepare for what's ahead
  • All Capital One cards come with fraud coverage if your card is lost or stolen
  • 24/7 account access including mobile app for fast and easy account management - right from your smartphone
  • Pick the monthly payment due date that works best for you
  • Pay the way you want - by check, online, or at a local branch
  
 Intro Purchase APR
See Terms for See Terms*
Intro Balance Trans. APR
See Terms for See Terms*
APR
Various Rates
Annual Fee
See Terms
 



 Barclaycard CashForward™ World MasterCard®  
 

  • Get a $100 cash rewards bonus after you spend $500 in purchases in the first 90 days after account opening
  • Earn unlimited 1.5% cash rewards on every purchase
  • Every time you redeem, get a 5% cash rewards redemption bonus to use toward your next redemption
  • Redeem your cash rewards for a deposit into your bank account, a statement credit or gift cards. Redemptions start at $50
  • Cash rewards do not expire as long as your account is open, active and in good standing
  • 0% intro APR for the first 12 months on purchases. Plus, you'll get 0% introductory APR for the first 12 months on balance transfers made within 45 days of account opening.
  • After that a variable APR will apply, currently 15.24%, 19.24% or 23.24%, depending on your creditworthiness
  • No annual fee
  
 Intro Purchase APR
0% for 12 months*
Intro Balance Trans. APR
0%12 months (must be completed within first forty-five days of account opening)*
APR
15.24%, 19.24% or 23.24%* Variable
Annual Fee
$0
 



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Rating: 3.8/5 (68 votes cast)
Balance Transfer Credit Cards, 3.8 out of 5 based on 68 ratings

0% Balance Transfer Credit Card Applications

It is a great time to be applying for a balance transfer credit card. The big national credit card issuers are competing heavily to be your card of choice. We are seeing 0% balance transfer credit card offers ranging from 12 months all the way to 24 months. These are some of best balance transfer deals ever on the internet. The credit card issuers weren’t even offering these deals prior to the financial meltdown. Many consumers are still carrying a sizeable amount of debt on their credit cards while paying higher amount of interest than they need to. If you want to get ahead and start paying down those credit cards you should really consider comparing the 0% balance transfer credit card applications above. The money you save can help really make a difference.

Credit Card Balance Transfer Deals & Promotions

The most popular credit cards around are offering some sort of balance transfer deal. Those introductory rates range from 6 months all the way to 24 months for the cards being offered online. The two most aggressive banks with promotions are Discover Card and Citibank. They currently offer the longest introductory rates online. Several banks had cancelled the cards of their customers when the financial crisis hit, so Discover Card and Citibank are looking to pick many of those customers up and put them into their portfolios. Along with the long introductory rates, many of these cards offer rewards such as cash back as an additional incentive to apply and use their cards.

Zero Percent Balance Transfers with No Transfer Fees

Almost all of the credit card balance transfer deals being offered by the banks today are charging balance transfer fees. Those fees range from 3 to 5 percent of the total balance that you are transferring over. While the times of no balance transfer fees may be gone, that isn't necessarily a bad thing. The truth is that the duration of the zero percent offers has increased considerably and that can have much greater benefits in the long term. With several low interest offers of 18 to 24 months at a zero percent interest rate, you could possibly save hundreds more than you would have with an offer of zero percent with no transfer fee of 6 months.

0% For the Life of the Balance Cards

These types of credit cards are extremely rare and most likely contain high transfer fees. These balance transfer offers are by invitation only and are only available currently by mail. These aren't something that you can request. The banks are looking for a certain credit profile, most likely 800+, and a certain income. They make these offers to gain a long-term customer and are looking to stock certain portfolios of their's with a certain type of consumer. Just because you haven't received a lifetime offer doesn't mean that you don't have access to great deals. As you can see from the offers that we rated as the best balance transfer deals, there are offers ranging from 0% for 18 months all the way to 0% for 24 months. These offers are looking for a much wider selection of applicants and have much higher approval rates.