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14 Best balance transfer cards of November 2024

Updated November 13, 2024

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Showing 16 results

Best for long intro APR

Wells Fargo Reflect® Card

Bankrate score

star iconstar iconstar iconstar iconstar icon
star iconstar iconstar iconstar iconstar icon
4.3
Bankrate review
Recommended credit score:(670 - 850)
Apply nowLock

on Wells Fargo's secure site

See Rates & Fees

Balance transfer intro APR

0% intro APR for 21 months from account opening on qualifying balance transfers

Regular APR

17.74%, 24.24%, or 29.49% Variable APR

Rewards rate

N/A

Annual fee

$0

Why you'll like this: It pairs one of the longest intro APR offers on the market with a lower-than-average ongoing interest rate.

Best for long-term value

Citi Double Cash® Card

Bankrate score

star iconstar iconstar iconstar iconstar icon
star iconstar iconstar iconstar iconstar icon
4.2
Bankrate review
Recommended credit score:(670 - 850)
Apply nowLock

on Citi's secure site

See Rates & Fees

Balance transfer intro APR

0% intro for 18 months on Balance Transfers

Regular APR

18.74% - 28.74% (Variable)

Rewards rate

1% - 5%

Annual fee

$0

Why you'll like this: It boasts an intro APR on par with several top balance transfer cards, plus a flat rewards rate for exceptionally more long-term value.

Best for dining

Chase Freedom Unlimited®

Bankrate score

star iconstar iconstar iconstar iconstar icon
star iconstar iconstar iconstar iconstar icon
4.8
Bankrate review
Recommended credit score:(670 - 850)
Apply nowLock

on Chase's secure site

Balance transfer intro APR

0% Intro APR on Balance Transfers for 15 months

Regular APR

19.99% - 28.74% Variable

Rewards rate

1.5% - 5%

Annual fee

$0

Why you'll like this: Its exceptionally comprehensive reward categories can be a great tool for everyday spending alongside its intro APR offer.

Best for groceries

Blue Cash Preferred® Card from American Express

Bankrate score

star iconstar iconstar iconstar iconstar icon
star iconstar iconstar iconstar iconstar icon
4.4
Bankrate review
Recommended credit score:(670 - 850)
Apply nowLock

on American Express's secure site

See Rates & Fees, Terms Apply

Balance transfer intro APR

0% on balance transfers for 12 months

APR

18.49%-29.49% Variable

Rewards rate

1% - 6%

Annual fee

$0 intro annual fee for the first year, then $95.

Why you'll like this: You can enjoy a best-in-class rewards rate on groceries as you pay off debt with its intro APR.

Best for excellent credit

Citi® Diamond Preferred® Card

Bankrate score

star iconstar iconstar iconstar iconstar icon
star iconstar iconstar iconstar iconstar icon
4.1
Bankrate review
Recommended credit score:(670 - 850)
Apply nowLock

on Citi's secure site

See Rates & Fees

Balance transfer intro APR

0% for 21 months on Balance Transfers

Regular APR

17.74% - 28.49% (Variable)

Rewards rate

N/A

Annual fee

$0

Why you'll like this: Its balance transfer intro APR is one of the longest if you want a streamlined card with features that benefit from an excellent credit score.

Best for welcome offer

Discover it® Chrome

Bankrate score

star iconstar iconstar iconstar iconstar icon
star iconstar iconstar iconstar iconstar icon
4.0
Bankrate review
Recommended credit score:(670 - 850)
Apply nowLock

on Discover's secure site

See Rates & Fees

Balance transfer intro APR

0% for 18 months

Regular APR

18.74% - 27.74% Variable APR

Rewards rate

1% - 2%

Annual fee

$0

Why you'll like this: It offers great short- and long-term value thanks to its combo of a welcome offer, ongoing rewards and an intro APR.

Best for everyday spending

Blue Cash Everyday® Card from American Express

Bankrate score

star iconstar iconstar iconstar iconstar icon
star iconstar iconstar iconstar iconstar icon
4.6
Bankrate review
Recommended credit score:(670 - 850)
Apply nowLock

on American Express's secure site

See Rates & Fees, Terms Apply

Balance transfer intro APR

0% on balance transfers for 15 months

APR

18.49%-29.49% Variable

Rewards rate

1% - 3%

Annual fee

$0

Why you'll like this: It gives you a chance to pay off debt while making the most of your everyday purchases.

Only Available in 15 East Coast States and D.C.

Best for late payment fee forgiveness

TD FlexPay Credit Card

Bankrate score

star iconstar iconstar iconstar iconstar icon
star iconstar iconstar iconstar iconstar icon
4.1
Bankrate review
See Terms
Apply nowLock

on TD Bank's secure site

See Rates & Fees

Balance transfer intro APR

0% introductory APR balance transfers for first 18 billing cycles after account opening. After that 18.74% - 28.74% variable APR based on your creditworthiness.

Regular APR

18.74%, 20.74%, 23.74%, 26.74% or 28.74% variable APR based on your creditworthiness.

Rewards rate

N/A

Annual fee

None

Why you'll like this: Your first late fee is refunded every 12 billing cycles, so it’s a safer choice if you’re worried about keeping up with payments.

Best for travel

Bank of America® Travel Rewards credit card

Bankrate score

star iconstar iconstar iconstar iconstar icon
star iconstar iconstar iconstar iconstar icon
4.2
Bankrate review
Recommended credit score:(670 - 850)
Apply nowLock

on Bank of America's secure site

Balance transfer intro APR

0% Intro APR for 15 billing cycles for any BTs made in the first 60 days. A fee of 3% for 60 days from account opening, then 4% will apply.

Regular APR

18.74% - 28.74% Variable APR on purchases and balance transfers

Rewards rate

1.5X

Annual fee

$0

Why you'll like this: It’s one of the only travel cards that helps you minimize interest and earn points on bookings (at a top flat rate via Preferred Rewards members).

Best for flat-rate cash rewards

Wells Fargo Active Cash® Card

Bankrate score

star iconstar iconstar iconstar iconstar icon
star iconstar iconstar iconstar iconstar icon
4.3
Bankrate review
Recommended credit score:(670 - 850)
Apply nowLock

on Wells Fargo's secure site

See Rates & Fees

Balance transfer intro APR

0% intro APR for 12 months from account opening on qualifying balance transfers

Regular APR

19.74%, 24.74%, or 29.74% Variable APR

Rewards rate

2%

Annual fee

$0

Why you'll like this: This is a well-rounded starter card with a decent intro APR offer, flat-rate rewards and no annual fee.

Best for flexibility

Citi Custom Cash® Card

Bankrate score

star iconstar iconstar iconstar iconstar icon
star iconstar iconstar iconstar iconstar icon
4.4
Bankrate review
Recommended credit score:(670 - 850)
Apply nowLock

on Citi's secure site

See Rates & Fees

Balance transfer intro APR

0% for 15 months on balance transfers

Regular APR

18.74% - 28.74% (Variable)

Rewards rate

1% - 5%

Annual fee

$0

Why you'll like this: You can save on interest without having to adapt your spending for reward categories.

Best for customizable rewards

Bank of America® Customized Cash Rewards credit card

Bankrate score

star iconstar iconstar iconstar iconstar icon
star iconstar iconstar iconstar iconstar icon
4.3
Bankrate review
Recommended credit score:(670 - 850)
Apply nowLock

on Bank of America's secure site

Balance transfer intro APR

0% Intro APR for 15 billing cycles for any BTs made in the first 60 days. A fee of 3% for 60 days from account opening, then 4% will apply.

Regular APR

18.74% - 28.74% Variable APR on purchases and balance transfers

Rewards rate

1% - 3%

Annual fee

$0

Why you'll like this: With its easy-to-earn bonus, solid intro APR offers and customizable rewards, it offers flexibility and value in both the short and long term.

Best for low interest

USAA Rate Advantage Credit Card

Bankrate score

star iconstar iconstar iconstar iconstar icon
star iconstar iconstar iconstar iconstar icon
3.0
Bankrate review
Recommended credit score:(670 - 850)
Apply nowLock

on USAA's secure site

See Rates & Fees

Balance transfer intro APR

0% intro APR for 15 months on balance transfers then 11.65% to 25.65% variable regular APR

Regular APR

11.65% to 25.65% variable

Rewards rate

N/A

Annual fee

$0

Why you'll like this: You have a chance at a lower-than-average ongoing APR, which could help you save on interest even after your intro APR period ends.

Best for simplicity

Bank of America® Unlimited Cash Rewards credit card

Bankrate score

star iconstar iconstar iconstar iconstar icon
star iconstar iconstar iconstar iconstar icon
3.8
Bankrate review
Recommended credit score:(670 - 850)
Apply nowLock

on Bank of America's secure site

Balance transfer intro APR

0% Intro APR for 15 billing cycles for any BTs made in the first 60 days. A fee of 3% for 60 days from account opening, then 4% will apply.

Regular APR

18.74% - 28.74% Variable APR on purchases and balance transfers

Rewards rate

1.5%

Annual fee

$0

Why you'll like this: You can save on interest with its intro APR and enjoy long-term value thanks to its $0 annual fee and solid flat rewards rate.

Best for low-cost balance transfers

BankAmericard® credit card

BankAmericard® credit card

Bankrate score

star iconstar iconstar iconstar iconstar icon
star iconstar iconstar iconstar iconstar icon
4.8
Bankrate review
Recommended credit score:(670 - 850)

Balance transfer intro APR

0% Intro APR for 18 billing cycles for any BTs made in the first 60 days. A fee of 3% for 60 days from account opening, then 4% will apply.

Regular APR

15.74% - 25.74% Variable APR on purchases and balance transfers

Rewards rate

N/A

Annual fee

$0

Why you'll like this: You can enjoy of a solid intro APR on both purchases and balance transfers, a low transfer fee and a chance at lower-than-average ongoing APR.

Best credit union balance transfer card

Gold Visa® Card

Gold Visa® Card

Bankrate score

star iconstar iconstar iconstar iconstar icon
star iconstar iconstar iconstar iconstar icon
3.6
Bankrate review
Recommended credit score:(670 - 850)

Balance transfer intro APR

0% Balance Transfers Promo APR for 15 months

Regular APR

17.99% Variable APR

Rewards rate

N/A

Annual fee

$0

Why you'll like this: You can take advantage of one of the lowest ongoing APRs if you’re not sure you’ll qualify for the minimum rate of other balance transfer card.

compare
Compare

Compare Bankrate's best 0% balance transfer credit cards

Card Name Bankrate's pick for
0% balance transfer intro APR period
Card highlights
Bankrate Review Score

Long balance transfer period

21 months 0% intro APR for 21 months from account opening on qualifying balance transfers
Intro Offer: N/A
Regular APR: 17.74%, 24.24%, or 29.49% Variable APR

4.3 / 5

Info Icon
(Read card review)
Apply now Lock Icon
on Wells Fargo's secure site

Long-term value

18 months 0% intro for 18 months on Balance Transfers
Intro Offer: $200 cash back
Info Icon
Regular APR: 18.74% - 28.74% (Variable)

4.2 / 5

Info Icon
(Read card review)
Apply now Lock Icon
on Citi's secure site

Dining

15 months 0% Intro APR on Balance Transfers for 15 months
Intro Offer: Up to $300 cash back
Info Icon
Regular APR: 19.99% - 28.74% Variable

4.8 / 5

Info Icon
(Read card review)
Apply now Lock Icon
on Chase's secure site

Groceries

12 months 0% on balance transfers for 12 months
Intro Offer: Earn $250
Info Icon
Regular APR: 18.49%-29.49% Variable

4.4 / 5

Info Icon
(Read card review)
Apply now Lock Icon
on American Express's secure site
See Rates & Fees , Terms Apply

Excellent credit

21 months 0% for 21 months on Balance Transfers
Intro Offer: N/A
Regular APR: 17.74% - 28.49% (Variable)

4.1 / 5

Info Icon
(Read card review)
Apply now Lock Icon
on Citi's secure site

Welcome offer

18 months 0% for 18 months
Intro Offer: Cashback Match
Info Icon
Regular APR: 18.74% - 27.74% Variable APR

4.0 / 5

Info Icon
(Read card review)
Apply now Lock Icon
on Discover's secure site

Everyday spending

15 months 0% on balance transfers for 15 months
Intro Offer: Earn $200
Info Icon
Regular APR: 18.49%-29.49% Variable

4.6 / 5

Info Icon
(Read card review)
Apply now Lock Icon
on American Express's secure site
See Rates & Fees , Terms Apply

Late fee forgiveness

18 billing cycles 0% introductory APR balance transfers for first 18 billing cycles after account opening. After that 18.74% - 28.74% variable APR based on your creditworthiness.
Intro Offer: N/A
Regular APR: 18.74%, 20.74%, 23.74%, 26.74% or 28.74% variable APR based on your creditworthiness.

4.1 / 5

Info Icon
(Read card review)
Apply now Lock Icon
on TD Bank's secure site

Travel 

15 billing cycles 0% Intro APR for 15 billing cycles for any BTs made in the first 60 days. A fee of 3% for 60 days from account opening, then 4% will apply.
Intro Offer: 25,000 points
Info Icon
Regular APR: 18.74% - 28.74% Variable APR on purchases and balance transfers

4.2 / 5

Info Icon
(Read card review)
Apply now Lock Icon
on Bank of America's secure site

Flat-rate cash rewards

12 months 0% intro APR for 12 months from account opening on qualifying balance transfers
Intro Offer: $200 cash rewards
Info Icon
Regular APR: 19.74%, 24.74%, or 29.74% Variable APR

4.3 / 5

Info Icon
(Read card review)
Apply now Lock Icon
on Wells Fargo's secure site

Flexibility

15 months 0% for 15 months on balance transfers
Intro Offer: $200
Info Icon
Regular APR: 18.74% - 28.74% (Variable)

4.4 / 5

Info Icon
(Read card review)
Apply now Lock Icon
on Citi's secure site

Customizable rewards

15 billing cycles 0% Intro APR for 15 billing cycles for any BTs made in the first 60 days. A fee of 3% for 60 days from account opening, then 4% will apply.
Intro Offer: $200
Info Icon
Regular APR: 18.74% - 28.74% Variable APR on purchases and balance transfers

4.3 / 5

Info Icon
(Read card review)
Apply now Lock Icon
on Bank of America's secure site

Low interest 

15 months 0% intro APR for 15 months on balance transfers then 11.65% to 25.65% variable regular APR
Intro Offer: N/A
Regular APR: 11.65% to 25.65% variable

3.0 / 5

Info Icon
(Read card review)
Apply now Lock Icon
on USAA's secure site

Simplicity

15 billing cycles 0% Intro APR for 15 billing cycles for any BTs made in the first 60 days. A fee of 3% for 60 days from account opening, then 4% will apply.
Intro Offer: $200
Info Icon
Regular APR: 18.74% - 28.74% Variable APR on purchases and balance transfers

3.8 / 5

Info Icon
(Read card review)
Apply now Lock Icon
on Bank of America's secure site
Image of BankAmericard® credit card
BankAmericard® credit card
No penalty APR
18 billing cycles 0% Intro APR for 18 billing cycles for any BTs made in the first 60 days. A fee of 3% for 60 days from account opening, then 4% will apply.
Intro Offer: N/A
Regular APR: 15.74% - 25.74% Variable APR on purchases and balance transfers
Image of Gold Visa® Card
Gold Visa® Card
Credit union card
15 months 0% introductory APR for 15 months on balance transfers made in the first 90 days after account opening
Intro Offer: N/A
Regular APR: 17.99% Variable APR

Here’s how a Bankrate expert chose her balance transfer card

When Bankrate writer Seychelle Thomas chose a balance transfer card, she prioritized one card detail over others: the intro APR length on her transfer.

When I was trying to pay off credit card debt as a freelancer two years ago, I compared balance transfer options and chose to go with the Citi Simplicity® Card. My main priority was finding the longest intro APR period. The Citi Simplicity beat most other options and made it easy for me to pay down my balance on schedule without destroying my fluctuating budget at the time.

Keeping fees to a minimum was next on my list, because every little bit counts when you're paying off debt. When I compared it to the Citi® Diamond Preferred® Card (a card with a similar offer) I noticed that the Citi Simplicity had no late fees, a lower balance transfer fee as an intro offer and no penalty APR rate. That was a no-brainer for me.

The only other advantages of the Diamond Preferred were the FICO score access and Citi Entertainment, but I didn't find them valuable because I had other cards that offered similar features.

— Seychelle Thomas, Writer, Credit Cards

How much money could you save with a 0% balance transfer?

A balance transfer card — a credit card with its main feature being a 0 percent intro APR offer on transfers — could save you several hundred dollars if you're paying down a large balance. 

Experian’s most recent data shows that the average credit card balance reached $6,501 in 2023. With the right balance transfer card, you could save hundreds of dollars paying off credit card debt. Here’s how much you could save transferring $6,501 to a balance transfer card with an 18-month 0 percent intro APR offer — even with a 5 percent balance transfer fee — versus keeping it on a 20 percent APR credit card.

APR Starting amount Monthly payment Total interest Total paid
20% for 18 months $6,501 $421 $1,077 $7,578
0% intro on balance transfers for 18 months $6,826 (with 5% balance transfer fee) $379 $0 $6,826

Your transfer limit is usually equal to or less than your credit limit. For example, if an issuer approves you for a credit limit of $5,000, you can transfer up to the same amount with most issuers. However, your credit limit, what debts you can transfer and the balance transfer policies of your specific issuer will also determine the amount you can transfer.

Expert advice on choosing a 0% balance transfer card

A balance transfer card is an effective tool to help you pay off debt, but you’ll want to consider key details before putting in an application. To help guide you in choosing a balance transfer credit card that fits your financial situation, consider the following:

Beware of issuer limitations: You won’t be able to transfer your balance from one card to another card from the same issuer. For example, you can’t transfer a balance from one Citi credit card to another Citi card.

Take note of the transfer timeline: Most balance transfer cards give you two to six months to initiate your balance transfer. Consider this timeframe when choosing your card, and make sure you transfer your balance on time.

Know the balance transfer fee: The difference between a 3 percent balance transfer fee and a 5 percent balance transfer fee depends on the amount you transfer. To save money, look at cards with 3 percent balance transfer fees. If the amount you transfer is relatively small, a 5 percent balance transfer fee can still be reasonable. It will be a good idea to compare potential cards and their fees using our balance transfer calculator.

Consider how much time you need: Choose a card with an intro APR offer period that matches how much time you need to pay off your balance. The best balance transfer cards offer a 0 percent intro APR on transfers for 18 to 21 months, but a shorter time frame can still be a good choice, depending on the balance.  

Look at interest rates after the intro offer ends: Knowing the card’s ongoing APR after the introductory period ends is important, especially if you might carry a balance beyond the intro period. Interest rates for cards vary, and knowing exactly what you're signing up for is helpful.

Balance transfer calculator

What people say about balance transfer credit cards

Bankrate keeps a pulse on what people say about popular credit card topics, like using a balance transfer to help consolidate debt. We found that while many people prefer using a balance transfer to help pay off debt, others prefer alternatives like using an emergency fund. 

Consumers now seem more torn about using a 0 percent intro APR card to handle debt. For example, a Reddit user had $9,000 in credit card debt that they could pay off with emergency savings. However, they asked the community whether a balance transfer card would be better since they were worried about potential emergencies. Both solutions quickly gained traction in the thread: one user suggested a balance transfer card, but another recommended using an emergency fund.

“If you can avoid using the 0 percent [intro] APR as an opportunity to take on more debt, it’s probably a good idea,” one user commented in favor of balance transfer cards. “[T]aking the balance transfer offer would probably save you money unless you pay off your current card in less than three months.”

However, another user pointed out that savings accounts don’t accumulate interest as fast as credit cards, so paying off the debt with an emergency fund may be the better option.

Both options are valid and have advantages and drawbacks if you’re in a similar dilemma. A balance transfer card could protect your savings, but a financial emergency could derail your payment plan. Paying off the balance with your savings immediately gets you out of debt, but any unexpected expenses could risk you getting into credit card debt again.

Finding a credit card debt payoff plan that works for you is the best approach if you catch your card balance snowballing before it’s unmanageable. An issuer’s credit card hardship program may help pay off debt if you qualify, but some of these repayment plans may still allow interest to accrue. 

*The quotes and citations included on this page have been verified by our editorial team and are accurate as of the posting date. Outlinked content may contain views and opinions that do not reflect the views and opinions of Bankrate.

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Alternatives

Debt consolidation loan vs. balance transfer card

Our data: Are balance transfer cards becoming harder to get?

In the face of a tougher economic landscape, driven partly by inflation and Federal Reserve rate increases in 2023, issuers may be tightening credit card approval requirements.

According to Bankrate’s proprietary data, approval rates for balance transfer cards decreased overall for applicants in the first half of 2024 — regardless of credit score. Acceptance rates initially increased in January, starting at 66 percent. However, from there, there was only a decline. Among Bankrate users who applied for a balance transfer card, approval rates fell 12 percent from January to July 2024

Although your approval odds for a card depend on your credit profile, these trends suggest that getting a balance transfer card may be harder now than it once was.

Here’s the balance transfer credit card approval rates for the top 5 balance transfer cards in the last six months:

If you’re unsure of your approval odds for a card you’re interested in, consider checking whether you can get preapproved for cards with different issuers or use tools like Bankrate’s CardMatch™  to get a better idea of your chances. Exploring preapproval odds before applying could save your credit score a hit.

If getting out of high-interest debt is a priority and you can’t get a balance transfer card, a debt consolidation loan may be your best option. The average interest rates on these loans are much lower than credit card interest rates, so you could still benefit from some savings while paying off high-interest debt.

How to maximize your 0% balance transfer savings

A balance transfer can already help you save hundreds in interest, but there are a few ways to maximize the interest-free period.

  • Credit Card Balance Transfer Icon

    Initiate your balance transfer immediately

    Most cards require you to transfer your debt within a set period of time to qualify for a 0 percent intro APR offer. The sooner you transfer the balance, the sooner interest stops accruing on that debt.

  • Bank Icon

    Keep up with your payments

    Payment history is the most significant factor affecting your credit score. Until you have confirmation from your previous issuer that your card balance is zero, keep up with payments on your card.

  • Calendar Day Icon

    Create a payoff strategy

    The key to a successful balance transfer is paying off as much of your transferred balance as you can within the intro APR period. Creating a payoff plan gives you a clear timeline to work with, and sticking to it could save you a ton in interest charges.

  • Savings Icon

    Once transferred, don’t miss a payment

    Missing a payment on your balance transfer card could void your intro offer, so nailing down a payment plan and sticking to it is crucial to maximizing the offer.

In the news: Fed shaves a sliver off of sky-high interest rates

After the alarming trend of rising interest rates and months of maintaining steady rates, the Federal Reserve finally dropped interest rates by half a point. Fed officials say they expect to cut down a full point in 2025. This is great news for borrowers, including those with credit card debt, but that’s still a long wait while you’re subject to high interest rates.

Although interest rates will decrease in the next few weeks, the difference will be small. So, don’t stop chipping away at your debt. Getting a new credit card might be a beneficial financial move to fight inflation as rates remain relatively high. For many cards, the first-year value is the best when you factor in benefits like a welcome bonus, 0 percent intro APR offers, limited-time perks and temporary reward boosts.

If you want a break from interest, a balance transfer card can pause your interest and help you have less cumbersome payments. Most intro APR offers last between 12 and 21 months, which means that by the time your interest starts, there’s a chance the rates will be much lower than where they peaked in 2024.

Ask the experts: What is the biggest mistake people make with balance transfers?


Financial Educator, Debt and Credit

As a credit counselor, there are two big mistakes I see people make with balance transfers. First, they transfer the balance and then only make the minimum payment. As a result, when the promotional rate ends they are stuck with a high interest rate again and they often cycle from one balance transfer to the next, paying a fee each time and often not making any real progress on paying down the balance. Secondly, much like when taking out a debt consolidation loan, people often transfer the balance and then either continue to accrue debt on the previous account or put new charges on the balance transfer account, resulting in more debt and a high interest rate paid on those new charges.

Contributor, Personal Finance

Often people transfer card balances to take advantage of a 0 percent intro APR offer, but then they’re surprised by the much higher APR they’re hit with at the end of the introductory period. You must understand the rules of each individual card when you’re making a balance transfer and know that 0 percent doesn’t mean $0. Be sure to check for transfer fees or limits, and always understand what is going to happen if you don’t pay off the transfer within the bank’s designated time frame.

Contributor, Credit Cards

Balance transfer cards can save people who have expensive, overwhelming debt so much money on interest fees. But you have to consider your overall financial picture and commit to paying the transferred balance off and not adding new debt. By far the biggest mistake people make is running up a balance on the old card again. Then, if they don’t pay the transferred balance off before the intro rate reverts to the regular rate, they’re really in trouble. To make balance transfer credit cards work in your favor, you absolutely have to be committed to the process.

Frequently asked questions about balance transfer credit cards

How we assess the best balance transfer credit cards

Document Icon
100+
Cards rated
Credit Card Apr Icon
400+
APRs tracked
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3000
Data points analyzed
Credit Card Reviews Icon
40+
Perks evaluated

When evaluating the best balance transfer and low-interest cards, we consider a mix of factors, including how cards score in our proprietary card rating system and whether cards offer features that fit the priorities of a diverse group of cardholders. 

This includes users who need to carry a balance long term, need as much time as possible to chip away at debt or are looking for maximum long-term value via rewards.

Here’s a quick look at how our rating methodology breaks down for balance transfer cards:

5
Rating: 5 stars out of 5