The best balance transfer cards right now

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Credit card balance transfer
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If you are carrying credit card balances, you know that the interest charges can add up fast.

Whether you are looking to avoid those interest costs while paying off your debt or are planning ahead for a large purchase, balance transfer credit cards may be a good fit.

Cards with balance transfer let you borrow interest-free for a period of time. If you can pay off the balance before the 0% introductory period ends, you won’t have to pay any interest at all.

Some of our top balance transfer cards charge no balance transfer fee or give you a window of time to complete balance transfers without paying one. If you are transferring a balance from another card, be sure to pay attention to fees so they don’t catch you by surprise.

Compared to paying 10%, 20%, or more in interest, balance transfer cards can be a great path to debt freedom. Just make sure to get the balance paid off before the 0% APR period ends so you don’t wind up paying interest on the new card, too.

Best balance transfer credit cards: Team Clark’s picks

Picking the right balance transfer offer can be tricky, so Team Clark sifted through dozens of offers to pick the very best. These cards have no annual fee and include generous 0% APR periods for new cardholders.

Quick links

Amex Everyday

American Express EveryDay

15-month period with 0% APR and no balance transfer fee for balance transfers completed within the first 60 days
Welcome bonus 10,000 Membership Rewards points after $1,000 in purchases in the first three months
Rewards
  • 2x points per dollar at U.S. supermarkets on up to $6,000 per year in purchases
  • 1x point per dollar everywhere else
Advantages
  • No annual fee
  • No balance transfer fee within the first 60 days
Drawbacks
  • High penalty APR after a late or returned payment
  • 2.7% foreign transaction fee

Learn more: American Express EveryDay


Chase Slate

15-month period with 0% APR and no balance transfer fee for balance transfers completed within the first 60 days
Welcome bonus None
Rewards None
Advantages
  • Simple card with low fees
  • No annual fee
  • No penalty APR
Drawbacks
  • 5% balance transfer fee after 60 days
  • 3% foreign transaction fee

Learn more: Chase Slate


Citi Double Cash card

Citi Double Cash

18-month period with 0% APR and 3% balance transfer fee
Welcome bonus None
Rewards
  • 1% cash back when you purchase and 1% when you pay your bill
  • Effectively 2% back on every purchase
Advantages
  • No annual fee
Drawbacks
  • Few cardholder benefits
  • High penalty APR
  • 3% foreign transaction fee

Learn more: Citi Double Cash


U.S. Bank Visa Platinum Card

18-month period with 0% APR and 3% balance transfer fee
Welcome bonus None
Rewards None
Advantages
  • No annual fee
Drawbacks
  • 3% foreign transaction fee

Learn more: U.S. Bank Visa Platinum


BankAmericard

15-month period with 0% APR and no balance transfer fee for balance transfers completed within the first 60 days
Welcome bonus None
Rewards None
Advantages
  • No annual fee
  • No penalty APR
Drawbacks
  • 3% foreign transaction fee

Learn more: BankAmericard


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