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Best balance transfer credit cards
Best Balance transfer credit cards can be a great tool to help you pay off high-interest credit card debt. These cards allow you to transfer your balances from one or more credit cards to a new card with a lower interest rate or promotional period. This can help you save money on interest charges and pay off your debt faster.
However, not all balance transfer credit cards are created equal. Some may offer low interest rates, but charge high fees, while others may have shorter promotional periods or higher ongoing interest rates. In this article, we’ll explore some of the best balance transfer credit cards currently available, including their features, fees, and benefits.
Chase Freedom Unlimited®
The Chase Freedom Unlimited® is a popular rewards credit card that also offers a 0% introductory APR on balance transfers for the first 15 months from account opening (after that, a variable APR of 14.99% – 23.74% applies). This card has no annual fee and offers unlimited 1.5% cash back on every purchase.
In addition to its balance transfer offer, the Chase Freedom Unlimited® also has a sign-up bonus of $200 after you spend $500 on purchases in your first three months from account opening. This card also comes with a variety of travel and purchase protection benefits, including trip cancellation/interruption insurance, auto rental collision damage waiver, and purchase protection.
Citi® Double Cash Card
The Citi® Double Cash Card offers 0% introductory APR on balance transfers for the first 18 months from account opening (after that, a variable APR of 13.99% – 23.99% applies). This card has no annual fee and offers up to 2% cash back on all purchases (1% cash back when you make a purchase, and an additional 1% cash back when you pay for those purchases).
One unique feature of the Citi® Double Cash Card is its Price Rewind program, which tracks the price of eligible items you’ve purchased with your card and will refund you the difference if a lower price is found within 60 days of purchase. This card also offers a variety of travel and purchase protection benefits, including worldwide travel accident insurance, trip cancellation/interruption coverage, and extended warranty coverage.
Wells Fargo Platinum Card
The Wells Fargo Platinum Card offers a 0% introductory APR on balance transfers for the first 18 months from account opening (after that, a variable APR of 16.49% – 24.49% applies). This card has no annual fee and also offers a variety of travel and purchase protection benefits, including auto rental collision damage waiver, travel accident insurance, and cell phone protection.
One unique feature of the Wells Fargo Platinum Card is its My Money Map tool, which allows you to track your spending and create a budget to help you manage your finances. This card also offers overdraft protection for Wells Fargo checking accounts, which can help you avoid costly overdraft fees.
Bank of America® Cash Rewards credit card
The Bank of America® Cash Rewards credit card offers a 0% introductory APR on balance transfers for the first 15 billing cycles from account opening (after that, a variable APR of 13.99% – 23.99% applies) This is one of the best Best balance transfer credit cards. This card has no annual fee and offers 3% cash back in a category of your choice (including gas, online shopping, dining, travel, drug stores, or home improvement/furnishings), 2% cash back at grocery stores and wholesale clubs, and 1% cash back on all other purchases.
Overall, the Bank of America® Cash Rewards credit card is a solid option for those looking for a simple rewards program with no annual fee. With cashback rewards, a sign-up bonus, a 0% introductory APR, and various travel and shopping benefits, this card offers a lot of value for cardholders.
Discover it Balance Transfer card
The Discover it Balance Transfer card offers a 0% introductory APR for 18 months on balance transfers, with a balance transfer fee of 3% of the amount transferred. This is one of the best Best balance transfer credit cards The card also offers a 0% introductory APR for 6 months on purchases. After the introductory period, the variable APR is 11.99% to 22.99%. This card also comes with cashback rewards on purchases and free monthly credit score tracking.
The Discover it Balance Transfer card offers cashback rewards on all purchases, with 5% cashback on rotating categories and 1% cashback on all other purchases. The rotating categories change every quarter and include popular merchants and services, such as grocery stores, gas stations, restaurants, and Amazon.com.
No annual fee: There is no annual fee for the Discover it Balance Transfer card, making it a great option for those who want to save money on credit card fees.
