10 Best 0% Intro APR Balance Transfer Credit Cards
10 Best 0% Intro APR Balance Transfer Credit Cards
0% Intro APR balance transfer credit cards are designed to provide cardholders with the opportunity to transfer high-interest credit card debt to a new card with no interest for an introductory period. Typically, these offers last between 12 and 21 months, allowing you to make payments without accruing additional interest during that time. This feature can be a game-changer for individuals looking to pay off existing debt faster or reduce the financial burden of high-interest credit card balances. These cards also often come with additional benefits, such as no annual fees or rewards on purchases, making them ideal for individuals who are focused solely on eliminating debt.
The primary benefit of 0% Intro APR balance transfer cards is the ability to save on interest, which can otherwise add up quickly, prolonging the time it takes to pay off your balance. With a 0% APR offer, all your payments go directly toward reducing your balance rather than covering interest. This makes it easier to pay down debt faster and save money. Many of these cards also offer low balance transfer fees and additional features, such as cashback rewards, fraud protection, and more. If you're looking for a way to consolidate and reduce debt, below are the 10 Best 0% Intro APR Balance Transfer Credit Cards to help you find the best deal for your financial needs.
1.
Citi® Diamond Preferred® Card
No Annual Fee: There’s no annual fee for this card, which helps keep costs low.
Extended Introductory Period: The long 0% APR period on balance transfers and purchases offers flexibility to pay down existing balances or finance new purchases without accumulating interest.
Access to Citi® Private Pass®: Exclusive access to presale tickets and VIP experiences for concerts, events, and more.
Flexible Balance Transfer Options: Transfer high-interest debt from other cards to consolidate and pay it off at a lower rate.
Citi® Diamond Preferred® CardCheck HereCiti® Diamond Preferred® Card - - 0% intro APR on balance transfers for 21 months (then 16.74% - 26.74% variable APR). No annual fee. Balance transfer fee: 5% or $5 , whichever is greater.
Pros
18-Month 0% Intro APR: The 18-month 0% APR on both purchases and balance transfers is an excellent benefit, giving you a long window to pay off balances without interest.- No Annual Fee: Keeps overall costs low for users who want to avoid extra charges.
- Exclusive Event Access: Citi® Private Pass® offers entertainment and event perks, adding value for those who enjoy concerts and special events.
- Longer APR Period: The extended intro period is ideal for making large purchases or transferring balances without feeling rushed.
Cons
Balance Transfer Fee: A 3% fee (or $5, whichever is greater) applies on balance transfers, which could add up if transferring a large balance.- No Rewards Program: Unlike other credit cards, the Citi® Diamond Preferred® Card doesn’t offer cashback or points for purchases.
- Higher APR After Intro Period: Once the 18-month introductory period ends, the regular APR can be relatively high for those who carry balances.
Key Features
No Annual Fee: No extra costs for using the card.
3% Balance Transfer Fee: A fee applies to balance transfers.
Citi® Private Pass® Access: Access to special events and ticket presales.
Long APR Period: One of the longest 0% APR offers for balance transfers and purchases.
Why Is Recommended
2.
Chase Slate® Credit Card
- Chase Slate® Credit CardCheck Here
Chase Slate® Credit Card - - 0% intro APR on balance transfers for 15 months (then 18.99% - 27.99% variable APR). No annual fee. Balance transfer fee: 5% or $5, whichever is greater.
3.
US Bank Visa® Platinum Card
- US Bank Visa® Platinum CardCheck Here
US Bank Visa® Platinum Card - - 0% intro APR on balance transfers for 20 billing cycles (then 14.99% - 24.99% variable APR). No annual fee. Balance transfer fee: 3% of the amount transferred.
4.
Discover it® Balance Transfer
Cashback Rewards: Earn 1% unlimited cashback on all purchases, and 5% cashback in rotating categories (such as gas, groceries, and dining) each quarter, on up to $1,500 in combined purchases (activation required).
No Annual Fee: There are no annual fees associated with this card, maximizing savings.
Cashback Match: At the end of the first year, Discover will match all the cashback you've earned, effectively doubling your rewards.
Flexible Payment Options: Free access to tools like the mobile app, which helps track your spending and manage payments effectively.
- Discover it® Balance TransferCheck Here
Discover it® Balance Transfer - - 0% intro APR on balance transfers for 18 months (then 16.74% - 27.74% variable APR). No annual fee. Balance transfer fee: 3% of the amount transferred.
Pros
- Long 0% Intro APR: The 18-month 0% APR on balance transfers is a significant advantage for paying down debt without interest.
- Cashback Rewards: Earning cashback on purchases, plus a first-year match, is a great perk for users who also want to make everyday purchases while paying off their debt.
- No Annual Fee: Ideal for users who want to minimize costs.
- Helpful Tools: The Discover app and online tools help you track and manage your balance transfer and payments.
Cons
- Balance Transfer Fee: There is a 3% fee (or $5, whichever is greater) on each balance transfer, which could add up if transferring large amounts.
- Rotating Categories: While 5% cashback is generous, the rotating categories require activation and may not always align with your spending habits.
- No 0% APR on Purchases: This card offers 0% APR only on balance transfers, not on new purchases.
Key Features
1% Cashback on All Purchases: Unlimited cashback on everyday spending.
5% Cashback in Rotating Categories: Activate quarterly to earn higher rewards.
Cashback Match: Discover matches all cashback earned during the first year.
No Annual Fee: Keep more of your money.
Why Is Recommended
5.
BankAmericard® credit card
Low Ongoing APR: After the introductory period, the APR remains competitive, which is ideal for those who may carry a balance.
No Annual Fee: This card does not charge an annual fee, making it a cost-effective option for users who want to minimize fees.
Balance Transfer Option: The 0% APR on balance transfers (for the first 18 cycles) can help consolidate and reduce existing credit card debt.
Access to Online Banking Tools: Users can manage their account and payments through the Bank of America mobile app or website, offering convenient features like spending tracking and payment alerts.
- BankAmericard® credit cardCheck Here
BankAmericard® credit card - - 0% intro APR on balance transfers for 18 billing cycles (then 16.99% - 26.99% variable APR). No annual fee. Balance transfer fee: 3% of the amount transferred.
Pros
- 18-Month 0% APR: The introductory 0% APR period on both purchases and balance transfers is a strong feature for debt management and large purchases.
- No Annual Fee: Keep more of your money with no annual fee.
- Low Regular APR: Once the intro period ends, the APR is relatively low compared to many other cards.
- Access to Bank of America Services: Integration with other Bank of America products like checking and savings accounts can lead to additional benefits, like fee reductions or rewards.
Cons
- Balance Transfer Fee: A 3% fee (or $10, whichever is greater) applies to balance transfers, which can add up depending on the amount being transferred.
- No Rewards Program: Unlike other Bank of America cards, the BankAmericard® does not offer cashback or rewards for purchases.
- Higher APR After Introductory Period: While competitive, the regular APR may still be higher than some other low-rate cards.
Key Features
No Annual Fee: No additional cost to carry the card.
Low Ongoing APR: Competitive variable APR after the introductory period.
Balance Transfer Flexibility: Transfer balances from other cards to save on interest.
Access to Online and Mobile Tools: Convenient management via the Bank of America app.
Why Is Recommended
6.
Wells Fargo Reflect® Card
The Wells Fargo Reflect® Card is a credit card that offers an introductory 0% APR on purchases and qualifying balance transfers for up to 21 months, making it a great option for those seeking to finance large purchases or manage existing debt. After the introductory period, a variable APR applies.
- Wells Fargo Reflect® CardCheck Here
Wells Fargo Reflect® Card - - 0% intro APR for up to 21 months on balance transfers (then 17.99% - 29.99% variable APR). No annual fee. Balance transfer fee: 3% for the first 120 days, then 5%.
Pros
- Long 0% APR period.
- Flexible balance transfer options.
- No annual fee.
Cons
- High balance transfer fees after the intro period.
- Limited rewards program (only 1% on purchases).
Key Features
Introductory Offer: 0% APR for 21 months on purchases and qualifying balance transfers (then, a variable APR of 18.99% - 26.99% applies).
Why Is Recommended
The Wells Fargo Reflect® Card is ideal for individuals seeking a long-term 0% APR offer for purchases or balance transfers, especially those who want to avoid annual fees. It helps with financial flexibility without additional costs in the first year and is a good choice for those with a clear plan to pay off their balance within the introductory period.
7.
Barclaycard Ring® MasterCard®
- Barclaycard Ring® MasterCard®Check Here
Barclaycard Ring® MasterCard® - - 0% intro APR on balance transfers for 15 months (then 14.99% - 23.99% variable APR). No annual fee. Balance transfer fee: 3% of the amount transferred.
8.
Capital One® QuicksilverOne® Rewards Credit Card
- Capital One® QuicksilverOne® Rewards Credit CardCheck Here
Capital One® QuicksilverOne® Rewards Credit Card - - 0% intro APR on balance transfers for 15 months (then 19.24% - 29.24% variable APR). No annual fee. Balance transfer fee: 3% of the amount transferred.
9.
Synchrony Bank® PayPal Credit®
- Synchrony Bank® PayPal Credit®Check Here
Synchrony Bank® PayPal Credit® - - 0% introductory APR for 6 months on balance transfers (then 19.99% variable APR). No annual fee. Balance transfer fee: 3% of the amount transferred.
10.
PenFed Gold Visa® Card
Requires membership in PenFed Credit Union.
No Annual Fee: No cost for holding the card.
Lower APR: Competitive APR starting at 15.99%.
- PenFed Gold Visa® CardCheck Here
PenFed Gold Visa® Card - - 0% APR on balance transfers for 12 months (then 13.99% variable APR). No annual fee. Balance transfer fee: 3% of the amount transferred.
Pros
- Low APR.
- No annual fee.
- Solid cashback rate.
Cons
- Membership in PenFed required.
- Limited rewards for non-members.
Key Features
APR: 15.99% (variable).
Annual Fee: $0.
Deposit: Not required, but membership is.
Why Is Recommended
Conclusion
0% Intro APR balance transfer credit cards are one of the most effective ways to consolidate debt and reduce the financial burden of high-interest rates. By transferring your balance to one of the cards listed above, you can take advantage of 0 % APR offers and focus on paying down your principal balance without accumulating additional interest charges. It's important to keep in mind the duration of the introductory APR period, the balance transfer fee, and the standard APR that will apply once the promotional period ends. Choosing the right card depends on your specific needs, including the size of your balance, your ability to make monthly payments, and any additional perks you may want, such as rewards or no annual fees. By selecting the best 0% Intro APR balance transfer credit card , you can significantly improve your financial situation and make faster progress toward becoming debt-free.