Best 0% APR Balance Transfer Credit Cards In USA

A steadiness switch card could be a highly effective device in your debt-busting arsenal. A 0% APR provide on a bank card can get monetary savings by having your entire funds go in the direction of knocking out the principal steadiness as a substitute of some being siphoned away to pay curiosity fees.

Most steadiness switch playing cards cost a steadiness switch price. When calculating which steadiness switch card makes probably the most sense for you, be sure to issue on this price, together with the quantity of debt you’re seeking to switch and the months you might want to repay the invoice.

You should utilize our steadiness switch calculator to assist decide which steadiness switch card makes probably the most sense to your wants. For assist getting began with a few of the finest choices obtainable right now, we’ve rounded up our greatest picks beneath.

Greatest Steadiness Switch Credit score Playing cards

  • Wells Fargo Mirror℠ Card: Greatest General Steadiness Switch Card for Lengthy Intro APR Interval
  • U.S. Financial institution Visa® Platinum Card: Honorable Point out
  • Citi® Double Money Card: Greatest Steadiness Switch Card for Money Again
  • BankAmericard® bank card: Greatest Steadiness Switch Card with Overdraft Safety
  • Chase Slate Edge℠: Greatest for Potential APR Discount on Current Balances
  • Citi® Diamond Most popular® Card: Greatest Steadiness Switch Card for Lengthy Switch Window
  • Citi Simplicity® Card: Greatest Steadiness Switch Card for Late Payment Forgiveness
  • Chase Freedom Flex℠: Greatest Steadiness Switch Card for General Rewards
  • Citi Rewards+® Card: Greatest Steadiness Switch Card for Small Purchases
  • Navy Federal Credit score Union Platinum Credit score Card: Greatest for No Steadiness Switch Payment

Greatest Steadiness Switch Credit score Playing cards
Wells Fargo Mirror℠ Card
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When you’re seeking to pay much less curiosity in your current debt, the Wells Fargo Mirror℠ Card is an easy alternative. It carries no annual price and new cardholders get a beneficiant introductory interval to pay down balances. Simply be sure that to make that steadiness switch throughout the eligibility window otherwise you’ll be topic to a better steadiness switch price.

Annual Payment: $0

Steadiness Switch Provide: Get a 0% intro APR for 18 months from account opening on purchases and qualifying steadiness transfers. An intro APR extension of as much as 3 months with on-time minimal funds through the intro and extension intervals is accessible. A 13.74%-25.74% variable APR applies after that. Steadiness transfers made inside 120 days qualify for the intro price and price of three% then a steadiness switch price of as much as 5%, min $5 applies.

Steadiness Switch Payment: The price for a steadiness switch is as much as 5%; min: $5.

Different Advantages and Drawbacks: Though there are not any rewards with this card, it does include some money-saving protections like as much as $600 in cellular phone safety whenever you pay your month-to-month invoice with the cardboard (topic to a $25 deductible) and entry to roadside dispatch.

Learn our full assessment of the Wells Fargo Mirror℠ Card.
U.S. Financial institution Visa® Platinum Card
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When you’re on the lookout for a protracted introductory interval to repay a giant buy or shed current debt, the U.S. Financial institution Visa® Platinum Card is a best choice. It’s extra-lengthy provide on each steadiness transfers and purchases can provide the respiratory room you’re in search of.

Annual Payment: $0

Steadiness Switch Provide: Get a 0% intro APR on purchases and steadiness transfers for 20 billing cycles, adopted by a variable APR of 15.24% – 25.24%. A steadiness switch price of both 3% or $5 applies, whichever is larger.

Steadiness Switch Payment: Both 3% of the quantity of every switch or $5 minimal, whichever is larger

Different Advantages and Drawbacks: Past the lengthy intro APR provide, the cardboard doesn’t provide a lot else. There’s no perks like rewards or different advantages, making this card all concerning the 0% interval.

Learn our full assessment of the U.S. Financial institution Visa® Platinum Card.
Citi® Double Money Card
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The Citi® Double Money Card’s 2% money again on all purchases—1% when purchases are made and one other 1% once they’re paid off—supplies beneficiant and easy cash-back rewards on each buy.

Annual Payment: $0

Steadiness Switch Provide: Get a 0% intro APR on steadiness transfers for 18 months. After that, the usual variable APR might be 14.74% – 24.74%, based mostly on creditworthiness. There may be additionally an intro steadiness switch price of both $5 or 3% of the quantity of every switch, whichever is larger, accomplished throughout the first 4 months of account opening. After that, the price might be 5% of every switch (minimal $5).

Steadiness Switch Payment: There may be an intro steadiness switch price of three% of every switch (minimal $5) accomplished throughout the first 4 months of account opening. A steadiness switch price of 5% of every switch ($5 minimal) applies if accomplished after 4 months of account opening.

Different Advantages and Drawbacks: In contrast to related playing cards with steadiness switch provides, the Citi Double Money has endurance long gone the tip of the promotional interval.

Learn our full assessment of the Citi® Double Money Card.
BankAmericard® bank card
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The BankAmericard® bank card provides a beneficiant introductory APR interval on each purchases and steadiness transfers and comes with an choice to opt-in to overdraft safety too.

Annual Payment: $0

Steadiness Switch Provide: Get a 0% introductory APR for 18 billing cycles for purchases, and for any steadiness transfers made within the first 60 days. After the intro APR provide ends, a variable APR of 13.74% to 23.74% will apply. A 3% price (min $10) applies to all steadiness transfers.

Steadiness Switch Payment: Both $10 or 3% of the quantity of every transaction, whichever is larger.

Different Advantages and Drawbacks: Past the intro APR provide, the cardboard doesn’t earn rewards or include different significant advantages, making it unlikely that it’s a long-term alternative after the introductory interval ends.

Learn our full assessment of the BankAmericard® bank card.
Chase Slate Edge℠
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Annual Payment: $0

Steadiness Switch Provide: Get a 0% intro APR for 18 months from account opening on purchases and steadiness transfers, then a variable APR of 15.74% – 24.49% applies. An intro switch price of both $5 or 3% of the quantity of every switch, whichever is larger, applies on transfers made inside 60 days of account opening. After that, a price of both $5 or 5% of the quantity of every switch, whichever is larger applies

Steadiness Switch Payment: Both $5 or 5% of the quantity of every switch, whichever is larger.

Different Advantages and Drawbacks: The cardboard comes with some distinctive advantages for a steadiness switch card, like the chance to obtain an automated one-time assessment for a better credit score restrict after spending $500 and making funds on-time in your first six months; and the prospect to qualify for as much as a 2% APR discount every year after spending $1,000 and paying on-time. However for those who’re on the lookout for the longest runway doable to pay down your debt, different playing cards provide longer 0% APR intervals.
Citi® Diamond Most popular® Card
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Most steadiness switch playing cards require you to make your steadiness switch throughout the first month or two of opening your account to be able to qualify for his or her 0% intro APR provide. However the Citi® Diamond Most popular® Card has one of the vital beneficiant time intervals of any card in the marketplace, providing you with 4 months from the date you open your account to switch debt to the cardboard.

Annual Payment: $0

Steadiness Switch Provide: Get a 0% intro APR for 21 months on eligible steadiness transfers from date of first switch and 0% intro APR for 12 months on purchases from date of account opening. After that the variable APR might be 14.49% – 24.49% based mostly in your creditworthiness. Steadiness transfers have to be accomplished inside 4 months of account opening. A steadiness switch price of both $5 or 5% of the quantity of every switch, whichever is larger, applies.

Steadiness Switch Payment: Steadiness switch price applies with this provide 5% of every steadiness switch; $5 minimal.

Different Advantages and Drawbacks: The Citi Diamond Most popular doesn’t include lots of frills, however like most Citi playing cards, you’ll get entry to the Citi Concierge and you’ll select which day of the month to your cost due date. You’ll additionally get particular occasion entry by Citi Leisure®

Learn our full assessment of the Citi® Diamond Most popular® Card.
Citi Simplicity® Card
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When you’re in search of a very long time interval to chip away at a steadiness, the Citi Simplicity® Card deserves a glance. With no late charges or penalty rate of interest, it’s a stable alternative amongst steadiness switch playing cards whenever you’re seeking to shed debt with a facet of additional flexibility.

Annual Payment: $0

Steadiness Switch Provide: Get a 0% intro APR for 21 months on steadiness transfers from date of first switch, and 0% intro APR for 12 months on purchases from date of account opening. After that, the variable APR might be 15.49% – 25.49%, based mostly in your creditworthiness. Steadiness transfers have to be accomplished inside 4 months of account opening. There’s a steadiness switch price of both $5 or 5% of the quantity of every switch, whichever is larger.

Steadiness Switch Payment: Steadiness switch price applies with this provide 5% of every steadiness switch; $5 minimal

Different Advantages and Drawbacks: The Citi Simplicity packs a pleasant punch of triple zeros: No annual price, no penalty rate of interest and no late charges. The cardboard additionally comes with Citi perks together with Citi Concierge service.

Learn our full assessment of the Citi Simplicity® Card.
Chase Freedom Flex℠
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jIf you’re on the lookout for the needle within the haystack—a steadiness switch card that additionally earns rewards throughout a large swath of classes—look no additional. The Chase Freedom Flex℠ suits the invoice, incomes 5% money again on as much as $1,500 in classes that rotate quarterly (requires activation), 5% on journey bought by Chase Final Rewards®, 3% on eating and drugstores and 1% on all different purchases.

Annual Payment: $0

Steadiness Switch Provide: Get a 0% intro APR for 15 months from account opening on purchases and steadiness transfers, then a variable APR of 15.74% – 24.49% applies. Intro steadiness switch price of both $5 or 3% of the quantity of every switch, whichever is larger within the first 60 days, after that both $5 or 5% of the quantity of every switch, whichever is larger applies.

Steadiness Switch Payment: Both $5 or 5% of the quantity of every switch, whichever is larger.

Different Advantages and Drawbacks: Bear in mind that to be able to earn that 5% price on journey, you need to e-book by the Chase Final Rewards journey middle. The cardboard runs on the Mastercard community, which suggests it comes with some good extras like journey and buy insurances and protections.

Learn our full assessment of the Chase Freedom Flex℠.
Citi Rewards+® Card
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If you would like a steadiness switch card that you simply’re possible to make use of even after the intro APR interval, the Citi Rewards+® Card might be a worthy addition to your pockets. The cardboard earns 2 ThankYou Factors per greenback at supermarkets and gasoline stations for the primary $6,000 in spending per 12 months and 1 ThankYou Level per greenback on all different eligible purchases. Plus, for a restricted time, earn 5 ThankYou Factors per greenback on air journey and lodges as much as $6,000 within the first 12 months of account opening. And, the cardboard will mechanically spherical as much as the closest 10 factors on each buy, probably snagging you a number of additional rewards on each buy.

Annual Payment: $0

Steadiness Switch Provide: Get a 0% intro APR on steadiness transfers for 15 months from date of first switch and on purchases from date of account opening. After that, the variable APR might be 14.24% – 24.24%, based mostly in your creditworthiness. An intro steadiness switch price of both 3% of every switch or a minimal quantity of $5 throughout the first 4 months of account opening applies. After that, the quantity of every steadiness switch might be 5% of every switch (minimal $5) applies.

Steadiness Switch Payment: A steadiness switch price of 5% of every switch ($5 minimal) applies if accomplished after 4 months of account opening.

Different Advantages and Drawbacks: One caveat about these rewards: Redeeming earnings on this card as an announcement credit score or straight money again is value lower than one cent per level. To get the complete worth out of your ThankYou factors, redeem them in the direction of a scholar mortgage or mortgage cost or mix them with one other ThankYou factors incomes card such because the Citi Premier® Card.

Learn our full assessment of the Citi Rewards+® Card.
Navy Federal Credit score Union Platinum Credit score Card *
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The a number of zeros related to the Navy Federal Credit score Union Platinum Credit score Card* make it a hero for these in search of to tame high-interest bank card debt. The cardboard, which is issued on both the Visa or the Mastercard community, carries no annual price, no steadiness switch charges and comes with an introductory 0% APR provide on steadiness transfers.

Annual Payment: $0

Steadiness Switch Provide: Get a 0% on steadiness transfers for 12 months, adopted by a daily APR of 6.24%-18.00% variable on each purchases and steadiness transfers. Steadiness transfers have to be accomplished inside 30 days of account opening.

Steadiness Switch Payment: None

Different Advantages and Drawbacks: The dearth of a steadiness switch price makes this card a rarity amongst steadiness switch playing cards, however the promo interval is shorter than that of different playing cards. One other potential snag is that you need to be a part of Navy Federal’s credit score union to use for the cardboard, though almost anybody with a military-affiliated member of the family is eligible.

Learn our full assessment of the Navy Federal Credit score Union Platinum Credit score Card*.
What Is a Steadiness Switch?

A steadiness switch helps you to save on current high-interest debt by transferring your steadiness to a card with a decrease rate of interest or one with a 0% APR provide on steadiness transfers. Typically there’s a steadiness switch price to maneuver debt from one card to a different, usually between 3% to five% of the quantity being transferred.

This price will add on to your debt load, so do the maths earlier than deciding to switch your debt to a different card. If the quantity you’re paying in steadiness switch charges is larger than what you’d save on curiosity by doing the switch, then it’s most likely not cash transfer.
What’s a 0% steadiness switch?

A 0% steadiness switch is whenever you shift debt to a card providing a promotional 0% rate of interest on the quantity that you simply switch. This could prevent cash as any funds you make towards the steadiness on a 0% card will go completely towards paying down the principal, as a substitute of accruing further finance fees.

These provides should not infinite and usually final wherever from six months to just about two years. As soon as the 0% APR promotional interval expires, any remaining steadiness might be topic to the cardboard’s common price of curiosity. Needless to say a 0% steadiness switch will not be completely free as there could also be a steadiness switch price.
How does a steadiness switch work?

The primary purpose of a steadiness switch is to economize on current debt. A steadiness switch card can get monetary savings by permitting you to switch your debt to a brand new bank card ideally with a decrease price. When you’ve transferred the debt, you’ll make funds to the brand new card. Ideally, you wouldn’t cost something to your new steadiness switch card so you possibly can give attention to paying down the steadiness.

Since most (however not all) bank cards include steadiness switch charges, it usually solely is sensible to make this transfer if the brand new card has a decrease rate of interest than your current debt or comes with a low promotional provide on the brand new card.
What’s a steadiness switch price?

A steadiness switch price is the quantity you’ll be charged to maneuver your debt from one card to a different. Sometimes it’s 3% or 5% of the quantity being transferred. Earlier than making use of for a steadiness switch card it’s essential to contemplate any charges you’ll have to pay as this may add onto your current debt. Do the maths to be sure to’ll truly find yourself saving cash by doing a steadiness switch.
How lengthy does a steadiness switch take?

It usually takes wherever from two to seven days to your switch request to be accomplished, but it surely is dependent upon the issuer of the cardboard you’re in search of to switch a steadiness to.

For instance, American Categorical says it usually takes from 5 to seven days for a switch from one other financial institution to be accomplished but it surely might take so long as six weeks. Citibank says on its web site it may take from two to 21 days and Chase says most transfers are full inside two weeks.

The precise time to your switch will possible rely on each the financial institution you’re transferring the debt to and the financial institution you’re transferring the debt from.
How To Do a Steadiness Switch

First, select the cardboard you wish to switch a steadiness to. When you’re making use of for a brand new steadiness switch card on-line, you’ll have the choice to decide on to switch a steadiness to the brand new card through the software course of. In any other case, you possibly can converse to an agent on the issuing financial institution to your new card to make the switch.

You should definitely learn the cardboard’s high-quality print and perceive the phrases and circumstances of the cardboard you’re transferring a steadiness to. Issues to search for embody:

Is there a steadiness switch price?
How lengthy are the phrases of any introductory low or zero-APR provide?
What’s the cardboard’s ongoing rate of interest after the intro interval expires?

Bear in mind that you simply gained’t truly learn how a lot of a credit score restrict you’ll have on the brand new card till after you apply. That is essential as a result of chances are you’ll not get authorized for a line of credit score as massive as the quantity you’re seeking to switch.
How To Do a 0% Steadiness Switch

A 0% steadiness switch works the identical means as another steadiness switch. After you select the cardboard with an introductory 0% APR steadiness switch provide, you possibly can choose to make the switch through the software course of, or attain out to somebody on the issuing financial institution to shift a steadiness to the brand new card.
How you can Select a Steadiness Switch Credit score Card

When on the lookout for the precise steadiness switch card to your circumstances, ideally you’ll seek for a steadiness switch card with low or no steadiness switch charges to attenuate the associated fee whenever you do a switch. Have in mind you’ll additionally want to decide on a card from an issuing financial institution aside from the one you’re seeking to switch debt from since banks gained’t allow you to switch debt from considered one of their playing cards to a different. Lastly, think about the size of your steadiness switch. The longer it’s, the extra time you’ll must repay your debt earlier than curiosity piles up, however the playing cards with the longest 0% APR provides may additionally have greater steadiness switch charges.

Different concerns embody:

Credit score rating. In case you have less-than-stellar credit score chances are you'll not qualify for some playing cards.
Zero-interest or low-interest. Though it may be tempting to simply go for a zero-interest steadiness switch provide, for those who want an extended runway to pay down debt otherwise you assume you’ll usually carry a steadiness, a card with an ongoing low-interest provide could also be a more sensible choice.
Longest introductory provide. When you’re simply in search of a short-term reprieve to sort out a steadiness, think about which playing cards include the longest introductory provide and do the maths to see if that card or one with a shorter 0% time interval however a decrease steadiness switch price would be the least costly approach to pay down your debt.
Bank card long-term worth. It could make sense to contemplate for those who’ll have any use for a steadiness switch card after you’ve paid off the debt. Some playing cards with steadiness switch provides include rewards and different perks, whereas some provide little past an intro APR provide.

How To Apply for a Steadiness Switch Credit score Card

The method to use for a steadiness switch bank card is just like making use of for another sort of bank card. First, decide which card is likely to be one of the best match to your targets. You’ll be able to then usually apply on-line or in-person on the issuing financial institution the place relevant. You’ll be required to offer your identify, a U.S. deal with and your Social Safety or ITIN quantity. You may additionally be requested to offer your revenue and housing prices. This info, together with a tough credit score pull, will issue into how a lot a credit score restrict you’ll be granted on a brand new card.
Professionals and Cons of Steadiness Switch Credit score Playing cards

Whereas a steadiness switch card may be an interesting choice to assist pay down debt, it’s essential to contemplate the professionals and cons earlier than opening up a brand new card.
Professionals:

Save on curiosity. Typically, steadiness switch playing cards provide an attractive 0% APR provide whenever you transfer debt to the cardboard, giving you a chance to save lots of on curiosity fees for an introductory time period.
Bank card consolidation. In case you have debt on a number of playing cards and wish to simplify, transferring a number of balances to 1 card could make it simpler to maintain monitor of funds.
Change to a card with higher phrases. Some bank cards with steadiness switch provides could provide higher phrases or perks than your present card. If the general profile of the cardboard you’re contemplating is a greater match to your wants than what you at present have, you possibly can profit from each a break on curiosity and the advantages of the brand new card with a steadiness switch.

Cons:

Steadiness switch charges. Most bank cards will cost you a steadiness switch price for whenever you transfer debt to a different card. This price is usually 3% to five% of the full quantity being transferred, which may pile on to your current debt load.
Limits on the quantity being transferred. Simply since you wish to switch $5,000 to a card with a 0% APR steadiness switch provide doesn’t imply you’ll get authorized for a restrict that top. As with most bank cards, you gained’t discover out your credit score restrict till you’ve already utilized and gotten authorized for the brand new card.
Sturdy credit score is normally required. Similar to one of the best rewards playing cards, one of the best steadiness switch provides are usually reserved for these with good to wonderful credit score. When you’re nonetheless within the means of build up a powerful credit score profile, chances are you'll not qualify for the steadiness switch card you need.

Alternate options to a 0% Steadiness Switch

There are different choices that can assist you get some respiratory room on high-interest debt exterior of a steadiness switch card. Listed here are some to contemplate:
Pay the Minimal Cost

When you’re overwhelmed by the quantity you might want to pay in your month-to-month bank card invoice or you possibly can not afford to make the cost on the ranges you as soon as did, think about simply making the minimal month-to-month cost to keep away from affecting your credit score or going into default in your card. It could not enable you get out of debt faster, however it may delay any hostile results to your total credit score profile.
Use a Credit score Card Payoff Calculator

When you aren’t eligible for a steadiness switch card otherwise you don’t wish to apply for a brand new line of credit score, it could make sense to calculate numerous reimbursement situations utilizing a bank card payoff calculator. This will likely enable you really feel extra in charge of your monetary state of affairs and can assist you prioritize your spending.
Enhance Your Credit score Rating

When you’re caught with high-interest bank card debt, however don’t qualify for a greater provide on a steadiness switch card, it could make sense to work on bettering your credit score rating. This takes time, however there are instruments, like Experian Increase, that will enable you nudge your rating up sufficient inside a number of months that you simply change into eligible for a greater provide on a steadiness switch card.

Must you use one bank card to repay one other?

When you’re seeking to repay one credit score steadiness utilizing one other card, this typically isn’t doable. Banks don’t mean you can pay your bank card steadiness utilizing one other bank card. Sometimes, funds by way of verify, digital financial institution switch or cash order are the one acceptable strategies of cost.

However a steadiness switch bank card is the exception to that rule. When you can switch a steadiness from a high-interest bank card to 1 with a 0% APR provide or perhaps a decrease ongoing rate of interest, it can save you cash.
How To Switch a Credit score Card Steadiness

When you’ve chosen the cardboard you wish to switch a steadiness to, you possibly can apply on-line or by way of telephone name with the financial institution. In the course of the software course of, you’ll have the choice to switch your steadiness to the brand new card. If the cardboard you’re transferring a steadiness to has a steadiness switch price, that might be mechanically added to the full steadiness you’ll owe on the brand new card.

Have in mind you typically can’t switch a steadiness from one card to a different card issued by the identical financial institution, and a few banks may have limits, no matter your credit score rating, of how a lot you’re allowed to switch to a brand new card.
What’s steadiness switch APR?

A steadiness switch APR is the quantity of curiosity you’ll be charged in your debt whenever you transfer it to a brand new card. Some playing cards provide 0% curiosity for an introductory time period, different playing cards could provide a low ongoing rate of interest. The primary purpose in doing a steadiness switch is to economize on curiosity, so ideally the APR of the cardboard you’re transferring a steadiness to might be lower than the rate of interest in your present card.
Does a steadiness switch have an effect on credit score rating?

Each new line of credit score can ding your rating. So for those who’re making use of for a brand new steadiness switch card, it may have an effect in your credit score rating. Your rating may additionally be impacted by a steadiness switch if the quantity you’re transferring to a brand new card is at or near the full allowable credit score restrict on the brand new card. That’s as a result of your debt-to-available credit score ratio makes up a big position in figuring out your total rating.

However, when you have a plan to make use of a steadiness switch that can assist you pay down your debt extra shortly than you possibly can with out doing a switch, in the long term, your total debt load might be decrease and that may in flip have a constructive influence in your credit score rating.
How do steadiness switch enterprise bank cards work?

Steadiness switch enterprise bank cards perform in the identical means as private steadiness switch playing cards. Earlier than making a switch from one enterprise bank card to a different, make sure to think about the phrases of the provide, how lengthy any introductory APR provide will final in addition to any steadiness switch charges chances are you’ll incur.

It’s additionally essential to keep in mind that most enterprise bank cards include a private assure, which signifies that your cost habits, good or dangerous, can have an effect on your private credit score rating. So a late or missed cost on a steadiness switch enterprise card will have an effect on your credit score standing.
Is there a restrict to how a lot you possibly can switch?

Sure, however the restrict is decided by the issuing financial institution and your creditworthiness. For instance, Chase caps steadiness transfers at $15,000. However there’s no assure that you simply’ll get authorized for a restrict on a brand new card that top. When you’re solely authorized for, say, a $5,000 restrict on a steadiness switch card with any financial institution, then $5,000 goes to be the utmost quantity of debt you possibly can keep it up the brand new card.

Additionally keep in mind that any steadiness switch charges will depend towards your restrict and must be factored in when doing a switch. So, for those who’re authorized for a $5,000 credit score restrict however there’s a 5% steadiness switch price, you’ll solely be capable of switch $4,750, because you’ll have to incorporate a $250 steadiness switch price.