5 Best Balance Transfer Credit Cards With 0% APR

Advertiser Disclosure: This post includes references to offers from our partners. We receive compensation when you click on links to those products. However, the opinions expressed here are ours alone and at no time has the editorial content been provided, reviewed, or approved by any issuer.

If you’re looking for ways to reduce and ultimately eliminate high-interest credit card debt, you have several options.

You can dramatically reduce your exposure to interest charges by forgoing credit card usage entirely or scrupulously paying off your credit card balances in full each month. You can seek out low-APR credit cards that don’t charge you as much to carry balances from month to month. Or you can look for credit cards with attractive balance transfer promotions or low regular balance transfer APRs.

The best balance transfer credit cards often have generous 0% APR introductory periods that stretch for longer than 12 months. Many have attractive regular balance transfer APRs that remain significantly below other cards’ balance transfer rates (and, often, below their own purchase APRs). Some also have low or nonexistent balance transfer fees.

If you intend to use a new credit card to make low- or no-interest balance transfers, remember that your minimum monthly payment will always go toward that low- or no-interest balance. If the card doesn’t also have a special introductory purchase APR, any purchases you make with that card will accrue interest charges unless you pay them off in full by each statement due date.

To avoid interest charges on low- or no-APR balance transfer cards without purchase APR promos, you have two options: pay off all purchases in full each month and make the monthly minimum payment on any transferred balances, or refrain from making any purchases at all. Otherwise, look for low- or no-APR balance transfer cards with identical purchase APR deals.

Also, pay special attention to:

    • The length of these cards’ promotional interest periods (if applicable)
    • The APR once the promotional period expires
    • Any terms or restrictions that lessen their appeal

Remember that cards with great balance transfer promotions often tend to have downsides, such as nonexistent sign-up bonuses and meager rewards. Finally, always commit to paying off the entirety of your transferred balance by the end of the low- or no-interest promotional period. Otherwise, you’ll be hit with accrued interest.


Best Balance Transfer Credit Cards

These are the best credit cards for balance transfers on the market right now. Check back often for the latest offers and updates.


1. U.S. Bank Visa® Platinum Card

0% Intro Balance Transfer APR for 20 Months

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The U.S. Bank Visa® Platinum Card is a straightforward credit card with an excellent balance transfer promotion: 0% APR for the first 20 months of card membership. To qualify, transfers must be made within 60 days of account opening.

This card doesn’t have many frills, but fringe benefits aren’t the main attraction here anyway. Two notable perks are cell phone protection and a free credit score on demand.

  • Sign-Up Bonus: None.
  • Important Fees: There is no annual fee. Balance transfers cost the greater of $5 or 3%. Foreign transaction fees range from 2% to 3%, depending on how the transaction is denominated.
  • Introductory APR: The 0% intro APR period applies to purchases and balance transfers for 20 months from account opening. After this period ends, variable regular APR applies.
  • Other Perks: Earn complementary auto insurance coverage when you pay for your entire car rental with your U.S. Bank Visa Platinum Card, plus cell phone protection worth up to $600 per incident (less a $25 deductible) and a free credit score on demand.

Read our U.S. Bank Visa Platinum review for more information. Find out how you can apply for this card here.

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2. Citi® Double Cash Card

0% Intro Balance Transfer APR for 18 Months; 1% Cash Back on All Purchases; 1% Cash Back on Balance Payments at or Above Minimum

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The Citi® Double Cash Card is a cash-back credit card with a nice balance transfer promotion: 0% APR for 18 months on all balance transfers initiated within four months (120 days) of account opening.

The Citi Double Cash Card earns unlimited 1% cash back on all purchases, plus 1% cash back on all monthly payments, provided you at least make the minimum payment on time. Put that together, and you’ve got an unlimited 2% cash-back rate. Once you reach the $25 redemption minimum, you can redeem cash back by statement credit, paper check, or gift card.

  • Sign-Up Bonus: None.
  • Important Fees: There is no annual fee. The balance transfer fee is the greater of $5 or 3%. Foreign transactions cost 3%.
  • Introductory APR: 0% APR on balance transfers for 18 months. There’s no corresponding purchase promotion. After the promotional period ends, variable regular APR applies.
  • Other Perks: Like other Citi cards, Double Cash comes with Private Pass benefits (exclusive event and experience access).

See our Citi Double Cash Card review for more information. Find out how you can apply for this card here.

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3. Citi Diamond Preferred Card

0% Intro Balance Transfer APR for 18 Months

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The Citi® Diamond Preferred® Card is a straightforward product. The headline here is a 18-month, 0% APR balance transfer promotion that applies to balance transfers made within four months (120 days) of your account opening date. New cardholders enjoy a 0% APR purchase rate for the same length of time too.

Otherwise, this is a pretty low-key card, with Citi® Private Pass® perks (exclusive event and experience access) among its top draws.

  • Sign-Up Bonus: None.
  • Important Fees: There are no annual, late payment, or foreign transaction fees. The balance transfer fee is the greater of $5 or 3%.
  • Introductory APR: 0% on purchases and balance transfers for 18 months. After the promotional period ends, variable regular APR applies. Qualifying balance transfers must be made within 120 days of account opening.
  • Other Perks: In addition to Private Pass, Citi® Concierge connects you round the clock with experts capable of crafting the perfect night (or day) out.

See our Citi Diamond Preferred Card review for more information. Find out how you can apply for this card here.

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4. Citi Simplicity® Card

0% Intro Balance Transfer APR for 18 Months

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This offer is no longer available.

The Citi Simplicity® Card is, well, simple. Though it doesn’t offer a sign-up bonus or cash-back rewards, it has one of the best balance transfer promotions in the business: 0% APR for 18 months from account opening. The absence of foreign transaction fees and late fees helps too.

The introductory rate applies to all balances transferred within four months (120 days) of account opening. After the promo period ends, the balance transfer APR rises to the variable regular APR range, which depends on prevailing interest rates and your creditworthiness. The balance transfer fee is the greater of $5 or 3% of the transferred amount.

  • Sign-Up Bonus: None.
  • Key Fees: There are no annual, late payment, or foreign transaction fees. The balance transfer fee is the greater of $5 or 3%.
  • Introductory APR: 0% on purchases and balance transfers for 18 months, then variable regular APR applies.
  • Other Perks: This card has some basic benefits, including 24/7 customer service and the ability to choose your payment due date.

See our Citi Simplicity Card review for more information.


5. Wells Fargo Platinum Visa® Credit Card

0% Intro APR on Balance Transfers for 18 Months

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This offer is no longer available.

The Wells Fargo Platinum Visa® Credit Card’s 18-month 0% APR balance transfer promotion makes it one of the best cards in the business for paying down high-interest credit card balances. The matching 0% APR promotion on purchases is a big perk to cardholders looking to finance major purchases over time without incurring interest charges.

The lack of rewards and no balance transfer fee waiver are both bummers, but those omissions do only so much to dampen the Wells Fargo Platinum Visa card’s appeal.

  • Sign-Up Bonus: None.
  • Introductory APR: Enjoy 0% APR on balance transfers for 18 months. Purchases also incur no interest for 18 months from account opening. Qualifying balance transfers must be made within 120 days of account opening. After the promotional period ends, variable regular APR applies.
  • Key Fees: There’s no annual fee. Balance transfers cost $5 or 3% of the transferred amount, whichever is greater, for the first 120 days. Then, the balance transfer fee rises to the greater of $5 or 5%. Foreign transactions cost 3%.
  • Other Perks: Enjoy on-demand access to your FICO® score through Wells Fargo Online and a slew of complimentary benefits backed by Visa, including a cell phone protection plan (up to $600 in reimbursement per claim for stolen or damaged phones, minus a $25 deductible), rental car insurance when you pay in full with your card, and roadside dispatch.

See our Wells Fargo Platinum Visa® Credit Card review for more information.


Final Word

Transferring high-interest credit card balances to lower-interest credit cards is a well-worn way to make credit card debt more manageable. However, it’s important not to put too much stock in it – or any other single debt-reduction method, for that matter.

If you transfer a high-interest balance to a card with a temporary promotional balance transfer APR and then fail to pay it down before interest rates spike, you’ll find yourself dealing with another pile of debt that’s rapidly accumulating interest. And if you made purchases with your balance transfer card during the introductory APR period, your balance could well be higher than when you first opened the account.

If you’re committed to reducing your debt and living within your means, make sure you’ve paid off your transferred balance in full before the end of any introductory period. Also, refrain from making large purchases with credit cards used primarily for balance transfer purposes. Even better, consider making your balance transfer card off-limits for any purchases and apply for a cash-back card, gas credit card, or travel rewards credit card for day-to-day expenses.

What’s your favorite balance transfer credit card? What do you like about it?

Editorial Note: The editorial content on this page is not provided by any bank, credit card issuer, airline, or hotel chain, and has not been reviewed, approved, or otherwise endorsed by any of these entities. Opinions expressed here are the author’s alone, not those of the bank, credit card issuer, airline, or hotel chain, and have not been reviewed, approved, or otherwise endorsed by any of these entities.

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