Below is a list of some of the balance transfer credit cards out there offering the best introductory offers and lowest balance transfer fees, helping you to get as much time as you can to pay off your debt and for the lowest cost. The details on each card are current as of February 2019.
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1. Citi Simplicity Card
- Balance Transfer Fee: 5% of each transfer, with a minimum fee of $5
- Introductory Offer: 0% for 21 months on balance transfers and 12 months on purchases, then a variable rate of 16.24% to 26.24%
- Late Payment Fee: None (and no penalty APR)
- Rewards: None
Image Credit: Citi.
2. US Bank Visa Platinum Card
- Balance Transfer Fee: 3% of each transfer, with a minimum fee of $5
- Introductory Offer: 0% on balance transfers and purchases for 18 billing cycles, then a variable rate of 14.74% to 25.74%
- Late Payment Fee: Up to $39; no penalty APR
- Rewards: None
Image Credit: US Bank.
3. Citi Double Cash Card
- Balance Transfer Fee: 3% of each transfer, with a minimum of $5
- Introductory Offer: 0% on balance transfers for 18 months, then a variable rate of 15.74% to 25.74%
- Late Payment Fee: No fee the first time, then up to $39; penalty APR up to 29.99%
- Rewards: Earn 1% cash back on eligible purchases and 1% cash back on payments — balance transfers not included
Image Credit: Citi.
4. Amex EveryDay Credit Card
- Balance Transfer Fee: None
- Introductory Offer: 0% for 15 months on balance transfers and purchases, then a variable rate of 15.24% to 26.24%
- Late Payment Fee: Up to $38; penalty APR of 29.99%
- Rewards: 25,000 Membership Rewards Points if you make $2,000 in purchases for the first three months; 20% extra Membership Rewards points if you make at least 20 purchases in a billing period; one Membership Rewards® point for every dollar spent on an eligible purchase in one billing period and an additional point on your first $6,000 in supermarket purchases in the U.S per year; one extra Membership Rewards point for each eligible dollar spent on amextravel.com if the card is enrolled in the Membership Rewards Program
Image Credit: American Express.
5. Bank Americard Credit Card
- Balance Transfer Fee: None if you transfer within the first 60 days — after that, the fee is 3% of each transfer, with a minimum of $10
- Introductory Offer: 0% on balance transfers and purchases for the first 15 billing cycles, then a variable rate of 15.24% to 25.24%
- Late Payment Fee: Up to $39; no penalty APR
- Rewards: None
This article originally appeared on UpturnCredit.com and was syndicated by MediaFeed.org.
Image Credit: Bank of America.
