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Best Balance Transfer Credit Cards

Last update: May 21, 2015

best credit card deals The best balance transfer credit cards are those that have the longest introductory periods and/or the lowest balance transfer fees. Most balance transfer offers do not provide both, however, so the products listed below (some of which originate from CardHub advertising partners) are those that our editors identified as striking the best combination of long 0% intro periods and low or no balance transfer fees. No matter the card you eventually choose, we strongly recommend that you plan to pay off your balance in full before the intro period concludes because interest rates usually spike once this occurs.

Excellent Credit Best Balance Transfer Credit Cards for Excellent Credit
Chase Slate®

chase slate Apply Now

  • Transfer Intro APR: 0% for 15 months
    • Transfer Fee: None
  • Regular APR: 12.99% - 22.99% (V)
  • Annual Fee: $0
  • Rewards: None
  • Editor's Notes: Best for Balance Transfers. The Slate Card is what's known as a free balance transfer credit card, as it offers a 0% introductory ratmore
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Citi® Diamond Preferred® Card

citi diamond preferred card Apply Now

  • Transfer Intro APR: 0% for 21 months
    • Transfer Fee: 3% (min $5)
  • Regular APR: 11.99% - 21.99% (V)
  • Annual Fee: $0*
  • Rewards: None
  • Editor's Notes: The Citi Diamond Preferred Card offers the longest 0% introductory term on the credit card market, at 21 months. While the 0% rate applies to balancemore
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Santander Bank Sphere Credit Card

sovereign bank visa signature card

  • Transfer Intro APR: 0% for 24 months
    • Transfer Fee: 4%
  • Regular APR: 12.99% - 24.99% (V)
  • Annual Fee: None
  • Rewards: Points
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Capital One® Platinum Prestige Credit Card

capital one platinum prestige Apply Now

  • Transfer Intro APR: 0% until August 2016
    • Transfer Fee: 3%
  • Regular APR: 10.9% - 20.9% (V)
  • Annual Fee: None
  • Rewards: None
  • Editor's Notes: Best for Financing. The Capital One Platinum Prestige Card offers straightforward value to consumers who have good credit standing anmore
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Good Credit Best Balance Transfer Credit Cards for Good Credit
Capital One® Platinum Prestige Credit Card

capital one platinum prestige Apply Now

  • Transfer Intro APR: 0% until August 2016
    • Transfer Fee: 3%
  • Regular APR: 10.9% - 20.9% (V)
  • Annual Fee: None
  • Rewards: None
  • Editor's Notes: Best for Financing. The Capital One Platinum Prestige Card offers straightforward value to consumers who have good credit standing anmore
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Chase Slate®

chase slate Apply Now

  • Transfer Intro APR: 0% for 15 months
    • Transfer Fee: None
  • Regular APR: 12.99% - 22.99% (V)
  • Annual Fee: $0
  • Rewards: None
  • Editor's Notes: Best for Balance Transfers. The Slate Card is what's known as a free balance transfer credit card, as it offers a 0% introductory ratmore
  • Learn More »
Fair Credit Best Balance Transfer Credit Cards for Fair Credit

Unfortunately, there are no balance transfer credit cards for people with fair credit. Below is the best credit card for people with fair credit.

Barclaycard® Rewards MasterCard®

barclaycard credit card Apply Now

  • Transfer Intro APR: N/A
    • Transfer Fee: 3%
  • Regular APR: 24.99% (V)
  • Annual Fee: None
  • Rewards: Points
  • Editor's Notes: Best for Low Cost Credit Improvement. This card offers exactly what most people with fair credit are looking for: no annual fee (whimore
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Limited History Best Balance Transfer Credit Cards for Limited History
College Students

Unfortunately, there are no balance transfer credit cards for people with limited credit. Below is the best credit card for people with limited credit.

Journey® Student Rewards from Capital One®

capital one student rewards credit card Apply Now

  • Transfer Intro APR: N/A
    • Transfer Fee: None
  • Regular APR: 19.8% (V)
  • Annual Fee: None
  • Rewards: Cash Back
  • Editor's Notes: Best for College Students. Not only does the Capital One Journey Student Rewards Card offer straightforward, lucrative rewards withoumore
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Non-College Students

Unfortunately, there are no balance transfer credit cards for people with limited credit. Below is the best credit card for people with limited credit.

Capital One® Platinum Credit Card

capital one standard platinum Apply Now

  • Transfer Intro APR: N/A
    • Transfer Fee: None
  • Regular APR: 24.9% (V)
  • Annual Fee: $0 for 1st yr, $19 after
  • Rewards: None
  • Editor's Notes: Best for Low Cost Credit Improvement. Given that it does not charge an annual fee during the first year, the Capital One Platinum Cremore
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Bad Credit Best Balance Transfer Credit Cards for Bad Credit
Secured Card

Unfortunately, there are no balance transfer credit cards for people with bad credit. Below is the best secured credit card for people with bad credit.

Capital One® Secured MasterCard®

capital one secured credit card Apply Now

  • Min Deposit: $49, $99, or $200
  • Annual Fee: None
  • Monthly Fee: None
  • One-time Setup Fees: None
  • Regular APR: 24.9% (V)
  • Editor's Notes: Best Partially Secured Card. While the Capital One Secured MasterCard charges a higher annual fee than certain other cards in its clamore
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Unsecured Card

Unfortunately, there are no balance transfer credit cards for people with bad credit. Below is the best unsecured credit card for people with bad credit.

Credit One Bank® Credit Card with Gas Rewards

credit one credit card Apply Now

  • Annual Fee: $35 - $99
  • Monthly Fee: None
  • One-time Setup Fees: None
  • Regular APR: 17.90% - 23.90% (V)*
  • Learn More »
About our Editor's Picks

Our editors' recommendations for the Best Balance Transfer Credit Cards are a reflection of their own subjective opinions, and they should not be relied upon as the sole basis for choosing your credit card. We work hard to present you with the most accurate credit card information, however, the credit card terms and conditions do not originate from us and thus we do not guarantee the accuracy of the information. Before applying for a credit card we recommend that you verify the credit card terms and conditions on the credit card company's web site. Please let us know if you find any differences.

Ad Disclosure: Certain offers originate from paying advertisers, and this will be noted on a card's details page using the designation "Sponsored Card", where applicable. Advertising status does not affect which cards show up on this page but may impact the order in which they appear. At CardHub we try to list as many credit card offers as possible and currently have more than 1,200 offers, but we do not make any representation of listing all available offers.

Ask our Experts
EXPERT’S ANSWERS

What is the Best Balance Transfer Credit Card for me?

By: Odysseas Papadimitriou, CardHub CEOIn short, the best balance transfer credit card is the one that will save you the most money. Therefore in answering this question, you must consider how your current interest costs compare to the combined cost of the balance transfer credit card's APR and balance transfer fee. It's always tempting to simply apply for the balance transfer credit card with the longest introductory period. However, applying for a card and getting declined might hurt your credit score and therefore reduce your chances for approval when you try again, so make sure to apply for a balance transfer card geared toward people of your credit standing.

How large of a balance can I transfer?

By: Ross GarnerThe rule of thumb is that you should be able to transfer a balance equal to your largest credit line. For example, if you have three credit cards, one with a $3,000 credit line and two with $1,500 credit lines, you shouldn't count on getting approved for a balance transfer too much higher than $3,000.

For what types of debt can I use a balance transfer credit card?

By: Liana ArnoldMost people think that a balance transfer only works between two different credit cards. However, you can transfer any kind of debt to a balance transfer credit card as long as this debt is tied to a numbered account at a financial institution. Therefore, the best balance transfer is that which will lower your interest costs the most, whether these costs derive from an auto loan, a student loan, another credit card, etc.
COMMUNITY DISCUSSION

Help others find the best credit card by sharing what your deciding factor was when choosing your card (customer service, interest rate, fees, convenience, rewards, etc.)

 
May 19, 2015
By:
I am very happy to have the Chase Slate card account to use for a balance transfer. It gives me a great deal of time to pay off the transfer amount and at a 0% rate, and for me this is very positive. My previous balance was at about 10% and by transferring it I will save a nice amount of
money. My credit score is pretty good, and maybe that is a factor in getting the Slate card. I really like a zero percent interest rate, and I plan to pay off my total balance before the rate increases.
May 19, 2015
By:
I would have to agree with all the other posters on the Discover IT card being the best for any kind of balance transfer. They give you 18 months with 0% interest. That's almost too much time in order to pay off all your debt. It has one of the lowest APRs out of any of the cards combined with the features the card gives you. The Discover online site is incredible, it's easy to work with and I've have had nothing but good experiences with their customer service. Not only is this card great for balance transfers, you can get the IT card for students which would be a great card for someone in college or just getting out of college.
May 1, 2015
By:
The Discover IT card is the best for balance transfers. 18 months with 0% interest compared to only 12 months or so for most other cards. This gives you a ton of time to pay off debt without accruing additional interest. It's a great card for getting your finances in order.

On top of that, you'll get 1% cash back on all purchases and 5% cash back in certain categories that change every quarter. This card has so many great benefits.
Apr 25, 2015
By:
The Slate is probably the best transfer card, because it doesn't have a transfer fee! I don't have a slate, I used Discoverit for my balance transfers. It is probably one of the 2nd best cards. I have 18 months to pay with 0%APR, and it was a very quick and easy online process. The fees were the same as a month of interest for each card, more or less, because they were high interest rate cards that I got when my credit wasn't great. So the fee was worth it and will end up saving me A LOT of money. Discover also has great customer service, an American customer service line! I really think Discover is a fantastic company. I also have a Citi Simplicity card that would be good for balance transfers because it has 21 months of 0 APR.I haven't used that card for transfers, but I probably would in the future. I also have a Barclay's reward card, and I'd say that would be the worst for transfers because it doesn't waive the APR for any length of time, so you'd be paying a pretty high APR on all of that balance along with the transfer fee!
Apr 20, 2015
By:
The Citi Diamond credit card has been awesome! As soon as I received it in the mail, I transferred some balances to its lower interest, and I'm so happy to have saved so much money.
Apr 15, 2015
By:
I personally think that the Discover IT card is the best card out there currently for balance transfers as far as credit cards go. It has a 0% intro APR for all balance transfers for up to 18 months. I think that the 18 months and 0% APR is vital when considering a card because this allows you so much time to pay off your debt before you incur annual percentage interest rates. When a credit card offers you 18 months to pay off your balance transfer before they charge you any interest, that is a huge advantage as far as paying off your debt goes. It gives a very large time frame where APR is not a problem that is on your mind.
Mar 2, 2015
By:
I’ve been using the Citi Simplicity® Card for some time now. What sold me was the that that this card offered no fee’s for using a balance transfer or making late payments. But now there rues have changed and they charge you five dollars or 3%, which everyone better. I just don’t see the point of paying to use a balance transfer! It makes me not want to have the card at all. I spoke to a support team to see if I could waive my fee, as I as A loyal customer. But they said no and were rude to me. So I may cancel this card now.
Feb 24, 2015
By:
I can't state more clearly, how much having a Capital One® Platinum Credit Card has changed the way I do business. It has reasonable rates for APR and balance transfers were even easier than any card I have used before. Since it is a card through Capital One, it is recognized and respected at any place that I use it. As a Capital One® Platinum Credit Card customer, I was able to switch my finances around, so that I decreased my overall interest on all the credit cards I already had been using. It is a wonder that more people aren't doing the same thing, and making some substantial balance transfers to help keep up with their credit card and financial debts.
Feb 10, 2015
By:
I am looking for a card to pay monthly bills on so in not late. And then pay it off every month. Which are the best for that ?
Feb 11, 2015
Photo of Joe W.
If your credit standing is average or below, focus on finding a card with no annual fee that you can actually get approved for. If you have good or excellent credit, you should concentrate on rewards cards. Your card’s interest rate won’t matter because you’ll be paying your bill in full. And, to ensure you’ll do so, make sure to set up automatic bill pay from your bank account for the full amount of your bill each month.
Feb 9, 2015
By:
The PSECU Credit Card is the best balance transfer card I've found. It offers 2.9% for a year! I've had nothing but good things to say after cutting through my credit card debt. Their online system is also pretty handy as you can access it anytime through your phone. The PSECU credit card also offers no transfer fees. I was able to wrap up some debt from my wedding that I had to consolidate as the 21.99% interest on the majority of my cards was killer. The approval process is all online and very simple. The customer service is great and I’ve had a pretty easy time working with them. I highly recommend not only the card for a balance transfer, but just for a great experience in banking all together.
Jan 23, 2015
By:
The best balance transfer credit card I have found is the Bankamericard Better Balance Rewards card. It is issued by the Bank of America and it is the only card that rewards you each quarter with $25 for paying more than the minimum due on your credit card balance. If you open a savings account with Bank of America you can get an additional $5 every quarter as well. That is a potential $120 earned every year completely passively just for paying down your credit card balance! You can have this money applied as a statement credit or deposited in a Bank of America savings account. It does have a balance transfer fee of 3% of each transfer or at least $10 which is comparable to other balance transfer cards on the market, but there is no other balance transfer card on the market that pays you to pay down your balance! Think of what you could do with an extra $120 off your credit card balance. I applied for this card this month and was approved for a 0% promotional APR until January 2016 on balance transfers. I couldn’t be happier with this credit card and I think you would love the Bankamericard Better Balance Rewards card too.
Dec 8, 2014
By:
The Discover IT card is the best credit card for balance transfers on the market right now. Discover offers 0% interest on all balance transfers for 18 months. It also includes 0% interest on all new purchases for 6 months as an intro rate. Discover beats most of the other good balance transfer cards by a few months - Chase offers 15 months of 0% interest with their Slate card and the Bank Americard is the same. One other thing to keep in mind with balance transfer cards is the fee charge for transfers. Discover charges a 3% fee for balance transfers on their IT card, and this is the same as the Bank Americard. With Discover you can count on good customer service and I have found their reps to always be helpful and friendly any time I have had to call. Discover is ranked as the highest in customer satisfaction by J.D. Power for this reason. Discover includes a free FICO credit score on each bill so you will also be able to see how your credit score if affected by paying down your balance. And since everyone is interested in good rewards, the Discover IT offers a varying 5% cash back category for each quarter, plus 1% on all other purchases. The Discover IT is a great card and if you need to do a balance transfer to avoid high interest rates this would be a fantastic choice.
Nov 19, 2014
By:
I transferred a balance to the Citi Diamond Preferred card a few months ago and it was one of the best decisions I've ever made. The 0% intro APR for 18 months gave me plenty of time to pay down the balance with no interest -- and I was able to make a huge dent in my debt. Also, there's no annual fee, so don't have to worry about a recurring charge. The only drawback is the card does not offer rewards, but being that I'm trying to pay down my debt, that wasn't a big deal. This card is highly recommended!
Oct 21, 2014
By:
I transferred my high balance from another credit card to the Capital One® Platinum Credit Card. On my previous card, I was paying a 19% interest rate. Knowing that I was spending a fortune in fees and wanting to get my $4000 balance paid off as quickly as possible, I transferred all of the charges, knowing there would be only a 3% transfer fee on that charge. Additionally, I can take up to 18 months to pay off this credit card without worrying about interest all of that time.
Oct 18, 2014
By:
I have used the Capital One Platinum Prestige card. You get 0% APR for balance transfers until December 2015 so you have more than a year if you get it now. There is a 3% transfer fee which is a downside but the regular APR can be as low as 10.9% which is pretty good. There is also no annual fee which is a must for credit cards nowadays.
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