Best balance transfer and 0% interest credit cards

Best balance transfer and 0% interest credit cards
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If you’re buried under a big pile of credit card debt — with high interest fees — you may want to consider moving that debt over to a balance transfer credit card or a credit card with a 0% balance transfer APR promotion.

When to consider a balance transfer

If you have a big credit card bill that’s slamming you with high interest fees every month, transferring the balance could save you hundreds of dollars. By allowing you to transfer the debt to a credit card with 0% APR (annual percentage rate) for a certain number of months, these types of offers can help you pay off your debt in a timely manner — without having to pay interest. 

Read more: How to start paying off credit card debt

A new report from NerdWallet reveals the cards with the best offers for transferring balances and 0% interest periods. 

Best balance transfer and 0% interest credit cards

1. Chase Slate card: No balance transfer fee, 0% APR for more than a year

If you’re trying to pay off a smaller balance, the Chase Slate card may be a good option for you to get your debt paid off and avoid high interest fees.

Some other benefits of this card:

  • Chase Slate is the only card on NerdWallet with a 0% balance transfer APR and no balance transfer fee for any transfers made in the first 60 days of opening the account.
  • The 0% APR period is more than a year.
  • No penalty APR if you get behind on payments.
  • People with average credit can apply for the card (scores of 630-689 or higher).


  • No rewards.
  • You can’t transfer non-credit card debt or balances from other Chase cards.
  • Transfer limit: $15,000 (regardless of your credit limit).

According to NerdWallet, this is a great, cost-effective option for people with average credit who need to pay off a small amount of debt, since ‘Usually, these high-value offers are only available to people with excellent credit, but you can qualify for this card with just average credit.

Read more: Best credit card comparison sites

2. Citi Simplicity card: Longest 0% interest period

While this card does carry a balance transfer fee, it does have the longest 0% APR period of any cards on NerdWallet. This card may be a good option if you can’t get your debt paid off in a shorter period of time (in which case, a card with a shorter 0% APR period and more rewards might be a better idea).

Some other benefits of this card:

  • 0% APR for 21 months on purchases and balance transfers.
  • Annual fee is $0.
  • No late fees or penalty APR if you get behind on payments.
  • Allows you to transfer any kind of debt, including student loans and auto loans (as long as the account number is at least five digits long and doesn’t include any letters).


  • Carries a balance transfer fee of 3%.
  • No rewards.
  • Requires excellent credit (credit scores of 720 or higher) to qualify.
  • Can’t transfer balances from other Citi accounts.

For more on balance transfer cards, check out the full report from NerdWallet.

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