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Balance Transfer Credit Cards
Applying for a credit card to balance transfer is a great way to save on your existing credit card debt. Many credit cards have 0% APR balance transfer rates for 6-15 months. The secret to saving more with these credit card offers is to be aware of balance transfer fees and different interest rates for purchases.
Some credit cards have a 3% balance transfer fee with a maximum fee of $75 or $90. These fees are okay if you can take advantage of a 0% APR for more than 12 months. The fees were created so people couldn't credit card balance transfer surf (continuously transferring balances to avoid interest). Below are some of our favorite balance transfer credit cards.
Recommmended just for you
Capital One® Platinum Prestige Credit Card
- 0% Intro APR until May 2013 on balance transfers
- 0% Intro APR until May 2013 on purchases
- No annual fee
- $0 Fraud Liability if your card is lost or stolen
- 24-hour travel & emergency assistance gives you a replacement card and cash advance
- 24-hour roadside assistance
- Pick an image for your card—choose the one shown here, any of the hundreds in our collection, or add your own
Why we recommend it...
Platinum Prestige is a no-fuss credit card perfect for carrying large balances and doing balance transfers. With a generous 0% intro APR until May 2013 on balance transfer and, Platinum Prestige has one of the best balance transfer offers on the market.
Once the intro period ends, the interest rate becomes a terrifically low 10.9% APR, also one of the lowest APRs you can get. These kind of rock-bottom rates can save you thousands if you tend to carry balances month-to-month. With no annual fee, you can truly afford to keep up this great card.
You’ll need excellent credit for this card, but if you can qualify, it’s one of the best balance transfer cards with all the bells and whistles of premium credit card terms, additional roadside assistance, and travel benefits to save you money in style.
Pros:
- 0% APR until May 2013 on balance transfers and purchases
- No Annual Fee
Cons:
- Need Excellent Credit
Credit Score Approval Data †
724
Average Credit Score Approved for this Card
656
Lowest Credit Score Approved for this Card
Citi® Platinum Select® MasterCard®
- 0% Intro APR on Balance Transfers and Purchases for 18 months. After that, the APR will be 11.99%-21.99% based upon your creditworthiness
- Extra Cash from Citi: enjoy discounts on gift cards, travel, merchandise and more
- Citi® Identity Theft Solutions
- Secure, free online account management
- No annual fee*
Why we recommend it...
Citi Platinum Select MasterCard is one of the best no-frills credit cards to carry large monthly balances and balance transfers. It's a simple but powerful card with an unbelievable 0% intro APR on balance transfers and purchases for 18 months, and with no annual fee.
Citi’s Platinum Select MasterCard staple benefits are its low interest rate of 11.99-21.99% and no annual fee promise. Citi also added the new free Extra Cash rewards program that gives access to online discounts.
Citi Platinum Select card is key to saving money, while scoring extra benefits, over the long term.
Pros:
- 0% intro APR on balance transfers for 18 months
- 0% intro APR on purchases for 18 months
- Low Interest Rates
Cons:
- Need Excellent Credit
- Fee on Balance Transfers
Credit Score Approval Data †
702
Average Credit Score Approved for this Card
649
Lowest Credit Score Approved for this Card
Additional balance transfer credit cards
InkSM Classic Business – Up to 25,000 Bonus Points
- 25,000 bonus points after you spend $5,000 in the first 3 months!*
- 5X points per dollar on the first $25,000 spent annually on office supply store purchases, cellular/landline phone service, and cable services*
- 2X points per dollar on the first $25,000 spent annually on fuel and dining*
- 1 point per dollar on all other card purchases with no limit on the amount you can earn*
- Cash back rewards do not expire
- 0% Introductory APR for 6 months*
- No annual fee
Chase Freedom® MasterCard - $100 Bonus Cash Back + 0% Intro APR
- Earn $100 Bonus Cash Back after you make $500 in purchases in your first 3 months
- 0% Intro APR for 12 months on balance transfers and 6 months on purchases
- 5% Cash Back on up to $1,500 spent at gas stations and on Amazon.com from 1/1/12 - 3/31/12.
- You'll enjoy new 5% categories every 3 months like grocery stores, restaurants and even airlines. It's free and easy to activate your bonus each quarter!
- Unlimited 1% Cash Back on all other purchases
- Up to an additional 10% Cash Back when you shop online at select merchants through Chase
- No annual fee and rewards never expire
Citi® Platinum Select® Visa® Card
- 0% Intro APR on Balance Transfers and Purchases for 18 months. After that, the APR will be 11.99%-21.99% based upon your creditworthiness
- Extra Cash from Citi: enjoy discounts on gift cards, travel, merchandise and more
- Citi® Identity Theft Solutions
- Secure, free online account management
- No annual fee*
* See the online Provider's credit card application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However all credit card information is presented without warranty. When you click on the "Take Offer" button, you can review the credit card terms and conditions on the provider's website.
† Credit Karma members have received approvals with these Credit Karma credit scores. These approval metrics are only guidelines and approval is not guaranteed. You can learn more about credit card approval through our in-depth article.
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