Balance Transfer Credit Cards
A balance transfer could help you save money on your existing credit card debt. It can also help you pay down your credit card debt faster. Just pay close attention to terms and balance transfer fees before applying, and remember that balance transfer credit cards generally require a good to excellent credit rating for approval. These are some of the most popular balance transfer credit cards from Credit Karma's partners.
- Get 0% Intro APR on Balance Transfers and Purchases for 21 months. After that, the variable APR will be 13.99% - 23.99% based upon your creditworthiness*
- There is a balance transfer fee of either $5 or 3% of the amount of each transfer
- Citi® Price Rewind searches for lower prices online for 60 days for your registered purchases: you can get back up to $500 per item and $2,500 a year*
- $0 liability on unauthorized purchases and Citi® Identity Theft Solutions
- No annual fee*
- Free access to FICO® Scores*
Pros & Cons
- 0% in purchases and balance transfers for 21 months
- No annual fee
- No cash back or rewards program
- Balance transfer fee
Our Take
With low interest rates and attractive perks, the Citi® Diamond Preferred® Card is a good all-around choice for consumers with good to excellent credit.
What to Like
The Citi® Diamond Preferred® Card offers a 0% intro APR on both purchases and balance transfers for 21 months, and resets to a variable APR of 13.99 to 23.99% afterward. The card also offers 24/7 access to concierge services, which is a pretty nice perk.
Look Out For
There are a lot of perks attached to this card, but a rewards or cash back program isn’t one of them. Keep in mind, too, though that this card has a high penalty APR, meaning one late payment could result in higher interest rates indefinitely.
- Earn 10,000 Membership Rewards® points after you use your new Card to make $1,000 in purchases in your first 3 months.
- Terms Apply.
- Low intro APR: 0% for 12 months on purchases and balance transfers, then a variable rate, currently 13.99% to 23.99%.
- No annual fee.
- 2x points at US supermarkets, on up to $6,000 per year in purchases (then 1x); 1x points on other purchases.
- Use your Card 20 or more times on purchases in a billing period and earn 20% more points on those purchases less returns and credits.
- Expanding merchant acceptance: Over 1 million more places in the U.S. started accepting American Express® Cards in the last year.
- Visit our credit card partner’s site in order to learn more and securely apply for The Amex EveryDay® Credit Card from American Express
Pros & Cons
- 20% more points when you use the card at least 20 times in a billing period
- 0% intro APR on purchases and balance transfers for 12 months
- No annual fee
- Low base rewards rate
- Balance transfer fee
- Limited international acceptance
Our Take
The Amex EveryDay® Credit Card from American Express has plenty of rewards-earning potential.
What to Like
The Amex EveryDay® Credit Card from American Express is a great card for accumulating rewards on everyday purchases. Cardholders can get 2x points at U.S. supermarkets on up to $6,000 per year in purchases (then 1x), along with a one-time bonus of 10,000 points after spending $1,000 on eligible purchases in the first three months of membership.
Look Out For
This card has a penalty APR that applies for at least six months after a late payment, so it’s important to stay on-time with your payments.
Additional Balance Transfer Credit Cards
- Earn cash back twice on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases.
- Balance Transfers do not earn cash back
- 0% Intro APR on Balance Transfers for 18 months. After that, the variable APR will be 14.49% - 24.49% based on your creditworthiness
- Click 'Apply Now' to see the applicable balance transfer fee and how making a balance transfer impacts interest on purchases.
- No categories to track, no caps on cash back, no annual fee*
Helpful Articles
* 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 "Apply Now" button, you can review the credit card terms and conditions on the provider's website.
† Credit Karma looks at how your credit profile compares to other Credit Karma members who were approved for this product. Of course, there's no such thing as a sure thing, but knowing whether your Approval Odds are Very Good, Good, Fair or Poor may help you narrow down your choices.
‡ Average score refers to the arithmetic mean and typical low score to the 5th percentile of, in each case, available VantageScore 3.0 credit scores provided by TransUnion of Credit Karma members who were approved for this product from March 2017 through August 2017. Average and typical approved scores are provided as guidelines only and approval is not guaranteed. You can learn more about credit card approval through our in-depth article.