Home | Education Center | Calculators | About | Contact
Compare the Best Credit Card Offers Credit Card Application
Search Credit Card Offers by Category
0% APR CREDIT CARDS
0% APR BALANCE TRANSFERS
CASH BACK CREDIT CARDS
REWARD CREDIT CARDS
OUR BEST CREDIT CARD OFFERS
LOW INTEREST CREDIT CARDS
AIRLINE CREDIT CARDS
VISA CREDIT CARDS
MASTERCARD OFFERS
BUSINESS CREDIT CARDS
FOR AVERAGE CREDIT
BAD CREDIT CREDIT CARDS
STUDENT CREDIT CARDS
CREDIT SCORES/REPORTS
NO FOREIGN TRANSACTION FEE
Information about Online Credit Card Applications
Search Credit Card Offers by Company
CITI CREDIT CARDS
CAPITAL ONE CREDIT CARDS
CHASE CREDIT CARDS
BANK OF AMERICA CARDS
DISCOVER CREDIT CARDS
US BANK
BARCLAYCARD
USAA SAVINGS

Advertising Disclosure *Advertising Disclosure: SmartCreditChoices.com is an independent, advertising-supported comparison service. SmartCreditChoices.com receives compensation from the credit card issuers whose credit card offers appear on the website. The compensation may impact the order in which they appear within listing categories. SmartCreditChoices.com does not include the entire universe of available credit or financial offers.

About Editor's Picks: Our editor selects credit cards based on the features the credit card offers consumers, including introductory rates, fees, long term interest rates, and its relative value compared to competing offers. While this site receives remuneration from credit card companies, our rankings strive to objectively provide consumers with relevant, unique options.

 

SAVE MONEY WITH A 0% BALANCE TRANSFER CREDIT CARD

0% APR balance transfers are a powerful tool that can help consumers save tremendous amounts of money on interest while significantly reducing the time it takes to get out of credit card debt.

Below you will find information on money saving balance transfer credit card offers as well as links to secure online applications. All links open in new windows. If a link fails to open, temporarily disabling your pop-up blocker will fix the problem.

CHASE SLATE®



Intro APR on Purchases

Intro APR on Transfers

Regular APR

Annual Fee

Credit Type

0% for 15 months*
0% for 15 months*
12.99%, 17.99%, or 22.99% (V)*
$0
Excellent/Good


Key Features
  • Best 0% Offer in 'Crowning 2013's Best Credit Card Offers' (January 14, 2013) -Forbes Online
  • Pay less interest. Save on balances and new purchases
  • $0 introductory balance transfer fee for transfers made during the first 60 days. After that, the fee for future balance transfers is 3% of the amount transferred with a minimum of $5.
  • 0% Introductory APR for 15 months on purchases and balance transfers. After the introductory period ends, a variable APR of 12.99%, 17.99%, or 22.99%.
  • $0 Annual Fee
VIEW ALL FEATURES

Additional Features
  • Best 0% Offer in 'Crowning 2013's Best Credit Card Offers' (January 14, 2013) -Forbes Online
  • Pay less interest. Save on balances and new purchases
  • $0 introductory balance transfer fee for transfers made during the first 60 days. After that, the fee for future balance transfers is 3% of the amount transferred with a minimum of $5.
  • 0% Introductory APR for 15 months on purchases and balance transfers. After the introductory period ends, a variable APR of 12.99%, 17.99%, or 22.99%.
  • $0 Annual Fee
Apply Now

CITI SIMPLICITY® CARD



Intro APR on Purchases

Intro APR on Transfers

Regular APR

Annual Fee

Credit Type

0% for 18 months*
0% for 18 months*
12.99% - 22.99%* (Variable)*
$0*
Excellent Credit


Key Features
  • 0% Intro APR on Balance Transfers and Purchases for 18 months. After that, the variable APR will be 12.99% - 22.99% based on your creditworthiness.
  • There is a balance transfer fee of either $5 or 3% of the amount of each transfer, whichever is greater.
  • No late fees - Ever
  • No penalty rate - Ever
  • No annual fee - Ever
  • Save time when you call with fast, personal help, 24 hours a day.
VIEW ALL FEATURES

Additional Features
  • 0% Intro APR on Balance Transfers and Purchases for 18 months. After that, the variable APR will be 12.99% - 22.99% based on your creditworthiness.
  • There is a balance transfer fee of either $5 or 3% of the amount of each transfer, whichever is greater.
  • No late fees - Ever
  • No penalty rate - Ever
  • No annual fee - Ever
  • Save time when you call with fast, personal help, 24 hours a day.
Apply Now

BANKAMERICARD CASH REWARDS™ CREDIT CARD



Intro APR on Purchases

Intro APR on Transfers

Regular APR

Annual Fee

Credit Type

0% for 12 billing cycles*
0% for 12 billing cycles for qualifying balance transfers*
12.99% - 22.99% Variable* on purchases & balance transfers*
$0
Excellent Credit


Key Features
  • Online-exclusive $100 cash rewards bonus after you spend at least $500 on purchases in the first 90 days of account opening
  • 1% cash back on purchases everywhere, every time
  • 2% at grocery stores and 3% on gas for the first $1,500 in combined grocery store and gas purchases each quarter
  • No annual fee
  • No changing categories and your rewards do not expire
  • Bank of America customers: Get an ongoing 10% customer bonus every time you redeem cash back into a Bank of America® checking or savings account
  • 0% Introductory APR for 12 billing cycles for purchases and for any balance transfers made in the first 60 days, then, 12.99% - 22.99% variable APR
VIEW ALL FEATURES

Additional Features
  • Online-exclusive $100 cash rewards bonus after you spend at least $500 on purchases in the first 90 days of account opening
  • 1% cash back on purchases everywhere, every time
  • 2% at grocery stores and 3% on gas for the first $1,500 in combined grocery store and gas purchases each quarter
  • No annual fee
  • No changing categories and your rewards do not expire
  • Bank of America customers: Get an ongoing 10% customer bonus every time you redeem cash back into a Bank of AmericaŽ checking or savings account
  • 0% Introductory APR for 12 billing cycles for purchases and for any balance transfers made in the first 60 days, then, 12.99% - 22.99% variable APR
Apply Now

DISCOVER IT®



Intro APR on Purchases

Intro APR on Transfers

Regular APR

Annual Fee

Credit Type

0% for 6 months*
0% for 18 months*
10.99% - 22.99% Variable*
$0
Excellent Credit


Key Features
  • 0% intro APR on balance transfers for 18 months—then a variable purchase APR applies, currently 10.99% - 22.99%. A 3% fee applies to each transferred balance.
  • 0% intro APR on purchases for 6 months. Then the variable purchase APR applies, currently 10.99% - 22.99%.
  • Over 5,000 cardmembers rated 4.8 out of 5 stars* and now Discover 'Ranked Highest in Customer Satisfaction with Credit Card Companies in a Tie' by J.D. Power*.
  • 5% cash back for online shopping and department store purchases on up to $1,500 - Oct. through Dec. 2014 when you sign up*. 1% cash back on all other purchases.
  • Free FICO® Credit Score online and on monthly statements*.
  • No annual fee, no late fee for your first late payment - APR won't go up for paying late, no overlimit fee and no foreign transaction fee*.
  • Each Discover purchase is monitored. If it's unusual, you're alerted by e-mail, phone or text-and never responsible for unauthorized Discover card purchases.
  • *+See rates, rewards, free FICO® Credit Score terms and other info by clicking 'Apply.'
VIEW ALL FEATURES

Additional Features
  • 0% intro APR on balance transfers for 18 months—then a variable purchase APR applies, currently 10.99% - 22.99%. A 3% fee applies to each transferred balance.
  • 0% intro APR on purchases for 6 months. Then the variable purchase APR applies, currently 10.99% - 22.99%.
  • Over 5,000 cardmembers rated 4.8 out of 5 stars* and now Discover 'Ranked Highest in Customer Satisfaction with Credit Card Companies in a Tie' by J.D. Power*.
  • 5% cash back for online shopping and department store purchases on up to $1,500 - Oct. through Dec. 2014 when you sign up*. 1% cash back on all other purchases.
  • Free FICOŽ Credit Score online and on monthly statements*.
  • No annual fee, no late fee for your first late payment - APR won't go up for paying late, no overlimit fee and no foreign transaction fee*.
  • Each Discover purchase is monitored. If it's unusual, you're alerted by e-mail, phone or text-and never responsible for unauthorized Discover card purchases.
  • *+See rates, rewards, free FICOŽ Credit Score terms and other info by clicking 'Apply.'
Apply Now

CITI® DOUBLE CASH CARD



Intro APR on Purchases

Intro APR on Transfers

Regular APR

Annual Fee

Credit Type

0% for 15 months*
0% for 15 months*
12.99% - 22.99%* (Variable)*
$0*
Excellent Credit


Key Features
  • 0% Intro APR on Balance Transfers and Purchases for 15 months. After that, the variable APR will be 12.99%-22.99%, based on your creditworthiness
  • There is a balance transfer fee of either $5 or 3% of the amount of each transfer, whichever is greater
  • The only card that earns you cash back twice on every purchase with:
  • 1% cash back when you buy
  • Plus 1% cash back as you pay for those purchases, whether you pay in full or over time*
  • No Category Restrictions, No Caps, No Enrollments in Rotating Categories
  • No Annual Fee
VIEW ALL FEATURES

Additional Features
  • 0% Intro APR on Balance Transfers and Purchases for 15 months. After that, the variable APR will be 12.99%-22.99%, based on your creditworthiness
  • There is a balance transfer fee of either $5 or 3% of the amount of each transfer, whichever is greater
  • The only card that earns you cash back twice on every purchase with:
  • 1% cash back when you buy
  • Plus 1% cash back as you pay for those purchases, whether you pay in full or over time*
  • No Category Restrictions, No Caps, No Enrollments in Rotating Categories
  • No Annual Fee
Apply Now

CAPITAL ONE® PLATINUM PRESTIGE CREDIT CARD



Intro APR on Purchases

Intro APR on Transfers

Regular APR

Annual Fee

Credit Type

0% until February 2016*
0% until February 2016*
10.9% - 18.9% (V)*
$0
Excellent/Good


Key Features
  • Get 0% intro APR on all purchases until February 2016; 10.9%-18.9% variable APR after that
  • Balance transfers also have a 0% intro APR until February 2016, a 3% fee applies to each balance transferred
  • Pay no annual fee or foreign transaction fees
  • Fraud coverage if your card is lost or stolen
  • Enjoy extended warranty protection on eligible items purchased with your card
  • Easily manage your account 24/7 with online access, by phone or using our mobile app
  • Pick the monthly due date that works best for you
  • 100% free Capital One® Credit Tracker—see your monthly credit score anytime and get automatic alerts
VIEW ALL FEATURES

Additional Features
  • Get 0% intro APR on all purchases until February 2016; 10.9%-18.9% variable APR after that
  • Balance transfers also have a 0% intro APR until February 2016, a 3% fee applies to each balance transferred
  • Pay no annual fee or foreign transaction fees
  • Fraud coverage if your card is lost or stolen
  • Enjoy extended warranty protection on eligible items purchased with your card
  • Easily manage your account 24/7 with online access, by phone or using our mobile app
  • Pick the monthly due date that works best for you
  • 100% free Capital OneŽ Credit Tracker—see your monthly credit score anytime and get automatic alerts
Apply Now

CITI® DIAMOND PREFERRED® CARD



Intro APR on Purchases

Intro APR on Transfers

Regular APR

Annual Fee

Credit Type

0% for 18 months*
0% for 18 months*
11.99%-21.99%* (Variable)*
$0*
Excellent Credit


Key Features
  • Get 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.*
  • There is a balance transfer fee of either $5 or 3% of the amount of each transfer.
  • Citi® Easy DealsSM Get what you want for less. Earn Citi Easy Deals Points for the purchases you make with your card.
  • Redeem your points for great online deals on name-brand merchandise, gift cards and even local deals.
  • Let our 24/7 concierge service help book your hotel rooms, flights and more.
  • $0 liability on unauthorized purchases and Citi® Identity Theft Solutions.
  • No annual fee*
VIEW ALL FEATURES

Additional Features
  • Get 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.*
  • There is a balance transfer fee of either $5 or 3% of the amount of each transfer.
  • CitiŽ Easy DealsSM Get what you want for less. Earn Citi Easy Deals Points for the purchases you make with your card.
  • Redeem your points for great online deals on name-brand merchandise, gift cards and even local deals.
  • Let our 24/7 concierge service help book your hotel rooms, flights and more.
  • $0 liability on unauthorized purchases and CitiŽ Identity Theft Solutions.
  • No annual fee*
Apply Now

Page: 1 | 2 | 3

Balance Transfer Credit Card Tips

Transfer Your Highest Rate Balances First: Unless the credit limit on your new balance transfer card is large enough to handle all of your outstanding debt, transfer debt from your highest rate cards first. While it may be tempting to wipe out the debt on lower rate cards to reduce the number of bills you have to worry about, transferring debt from cards with the highest rates will save you the most money.

Monitor Credit Card Bills After Your Balance Transfer: Because it can take up to 30 days for a balance transfer to clear, carefully monitor your credit card bills and continue to make payments to avoid penalty fees. This is important even after your transfer has taken place, as you will likely accrue interest charges on your old card from before your balance transfer cleared.

Don't Apply for Balance Transfer Cards with Multiple 0% Periods: If a credit card is advertising a 0% APR for "up to X months" or a 0% APR for X or Y months, avoid these offers. Why? In the fine print, you'll find that you may be approved, but offered a much shorter 0% APR on balance transfers than promised in bold print. Always check the terms and conditions of an application before applying to make sure only one 0% introductory period is offered.

Balance Transfer Fees are Usually a Necessary Evil: Up until the credit crisis, a number of companies offered 0% APR no fee balance transfers. Since then, only a handful of 0% APR no fee balance transfer credit card have been offered by major companies. While limited time no fee balance transfer promotions are occasionally available, most credit cards that offer very long 0% rates on transfers charge standard fees of 3%.

Ideas to Help You Find the Right Balance Transfer Credit Card

Key Factors that Influence Balance Transfer Savings: The amount of money that can be saved with balance transfers varies dramatically from person to person. The most obvious variable is current interest rates; those with higher rates will save more. Balance transfer fees also play a role. However, monthly payments are an often overlooked factor that can have a huge impact on how much a person can save by doing a balance transfer. Full Article.

Balance Transfer Credit Card Market Overview: In this article, you can learn more about trends in the balance transfer market. It examines 0% promotions currently being offered by the nation's largest issuers to help you find a balance transfer card with an appropriate length and fee structure for your particular needs. Full Article.

What to Look for on a Balance Transfer Credit Card Application: Before you virtually sign on the dotted line, it is important to carefully review terms and conditions. In particular, you will want to make sure the longest advertised 0% rate is granted to all approved applicants. Then you will want to check the balance transfer fee, which should be no higher than 3% on any card with a 0% rate lasting less than 15 months. Lastly, you'll want to consider the long term rates, especially if you don't think you can fully repay your balance before the 0% APR ends. Full Article.

How a Balance Transfer Can Benefit You

For obvious reasons, transferring high interest credit card debt to a balance transfer card that charges no interest for a year or more will save you money. What surprises people is just how much they can save. Taking standard balance transfer fees into consideration, a person with a 16% interest rate can expect to save around $100 for every $1,000 they transfer to a card that offers a 0% APR on balance transfers for one year. For a person with $5,000 in credit card debt, the savings will likely exceed $500.

Saving $500 in one year is great. However, the most overlooked benefit of balance transfers is the role a 0% rate can play in getting you out of debt quicker. Here’s a prime example:

A person with $5,000 in debt at an average interest rate of 16% will need to pay $150 every month for three years and nine months to become debt free. In just one year, that person will spend just over $700 in interest. And by the time the debt is repaid in 2015, the total interest bill comes to just over $1,600.

However, if that same person moves the debt to a 0% APR balance transfer credit card, their debt can be reduced by 33% in just one year. Then, even if the interest rate goes back to 16% after the 0% period expires, it will only cost $650 in interest to become debt free, a savings of nearly $1,000. Plus, it is always possible to do another 0% balance transfer after the rate increases. This can further reduce interest expenses and decrease the time it takes to get out debt even more.

Resources: Credit Card Education Center | Credit Card Calculators | SCC Blog | Terms and Conditions/Disclosures | Privacy Policy/California Privacy Rights | About | Home

Government Resources: CARD Act Consumer Protections | Federal Trade Commission | Consumer Financial Protection Bureau

*Advertising Disclosure: SmartCreditChoices.com is an independent, advertising-supported comparison service. SmartCreditChoices.com receives compensation from the credit card issuers whose credit card offers appear on the website. The compensation may impact the order in which they appear within listing categories. SmartCreditChoices.com does not include the entire universe of available credit or financial offers.

About Editor's Picks: Our editor selects credit cards based on the features the credit card offers consumers, including introductory rates, fees, long term interest rates, and its relative value compared to competing offers. While this site receives remuneration from credit card companies, our rankings strive to objectively provide consumers with relevant, unique options.

Editorial Note: This content is not provided by the credit card issuer. Opinions expressed here are author's alone, not those of the credit card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer.

© 2014 SmartCreditChoices.com. All rights reserved.