- 1 0% APR on Balance Transfer and No Annual Fee Credit Cards
- 2 Best No Fee 0% APR Balance Transfer Offers of 2017 (Up to 21 Months) #free
- 3 3 credit cards with no balance transfer fees and low interest rates
- 4 6 Balance Transfer Credit Cards With No Fees
- 5 Best 0% balance transfer credit cards and other smart tricks to saving money while paying off debt
0% APR on Balance Transfer and No Annual Fee Credit Cards
If you don't want to pay an annual fee for your 0% APR balance transfer credit card, you're in luck. Many credit cards with no annual fee have long promotional periods for 0% APR on balance transfers.
Cards that have an annual fee are usually travel rewards cards that offer big sign-on bonuses and high value points-earning. If your goal is simply to transfer your credit card balances and pay them off quickly, there is no reason to pay an annual fee. There are also cards that offer rewards along with no annual fee.
Take a look at these offers and choose the no-fee credit card with a 0% APR on balance transfer that's right for you. Apply today - the sooner you transfer your balance, the sooner you start saving.
Credit Card News & Tips?
Subscribe to be aware of the latest news and best balance transfer offers for free. Simply enter your e-mail address and press "subscribe" button.
0BalanceTransfer.net never shares your e-mail address with any third parties.
To unsubscribe click the Unsubscribe link in any of 0BalanceTransfer's newsletters or below.
newsletter on 0BalanceTransfer.net
See also 0% Balance Transfer offers with:
Pay no interest on balance transfer during the introductory period with a 0% intro APR on balance transfer. After the introductory period expires, the ongoing APR will apply.
No fee will be charged for the transferring balance.
Pay no interest on purchases made during the entire introductory period with a 0% intro APR on purchases. After the introductory period expires, the ongoing APR will apply.
No yearly fees will be charged for your card.
The card has a point rewards program to earn points on purchases.
- 0% Intro APR on Balance Transfers and Purchases for 21 months.
- No Annual Fee. No Balance Transfer Fee.
- Great Rewards Programs.
Thank you for your question!
Our experts will answer you
in a short time.
Balance Transfer FAQs:
General Credit Card FAQs:
Ask Your Question to Dan Smith, our expert
See also 0% Balance Transfer offers with:
An easy way to find balance transfer offers and pick the one which fits your situation.
Balance Transfer: a Few Things to Consider
Paying off your balance faster by transferring it to a 0% interest credit card with no annual fee saves you money and means no extra fees to worry about. Just make sure not to lose that great 0% promotional offer or incur other penalty fees by missing a payment due. These are some other things to keep in mind as the transfer is in progress:
- Balance transfers do not go through instantly. It may take about four weeks for the payment to post, during which time you need to continue making payments on your card. If you do not, you will still incur a late fee on the credit card you are transferring the balance from.
- Once the balance transfer posts on the new card, set up automatic payments so you never miss a payment due date. Making a late payment can often mean losing your introductory 0% APR on the new card you've just transferred your balance to.
Transferring your balance to a no annual fee credit card with a 0% APR introductory offer will save you money on fees. Just be careful to keep your cardholder agreement, and soon you will see your balance begin to shrink as your payments get applied to your debt and not to the interest charges you were paying each month.
If youвЂ™re trying to pay down credit card debt, then transferring your balance to a card with a 0% APR .
ItвЂ™s finally happened. You met the love of your life, moved in, maybe tied the knot. All is bliss. Except for .
If one of your resolutions for 2016 was to pay down your debt and you havenвЂ™t made much headway yet, not to .
If youвЂ™re trying to pay down debt and get financially fit, one of the best things you can do is transfer your .
If you are struggling to pay off a large amount of debt on your credit card, opening a new credit card may .
Transferring a big balance to a new credit card with a 0% APR offer can save you a lot of money when you are .
Balance transfer credit card offers can feel like a dime a dozen. Zero-percent APRs, 18-month promotional .
Most people are aware that transferring a balance is a great way to pay down debt fast and save money while .
If you throw away any balance transfer offer that comes your way, thinking you donвЂ™t need to take advantage .
It happens to all of us at some point. We miss a payment due on our credit card, accidentally exceed our .
Best No Fee 0% APR Balance Transfer Offers of 2017 (Up to 21 Months) #free
More than a few people have asked about some good 0% APR Balance Transfer offers, and the ability to save tons of interest with no fee offers or even many low fee offers.
I ve looked at hundreds of cards online, scoured the Terms Conditions fine print, and the listed ones below are the best that I ve found with the longest 0% APR periods and the lowest fees. It s been really hard to avoid all fees these days, but they can still be found occasionally, and even with a small fee the overall APR can still be very low with a nice long balance transfer term. I ve tried to include a variety of card issuers and have highlighted the important details in the fine print. Just click on the card name to go directly to the correct offer and card application. Updated as of MAY 2017.
1)Citi Simplicity® Card 0% APR on balance transfers and purchases for 21 months. That s nearly 2 years at 0% interest for balance transfers and purchases from our partner Citi! An exceptionally long and flexible offer with no over limit fees or late payment fees. as you can both transfer a balance and also keep charging purchases on it during the introductory period. There is a balance transfer fee of either $5 or 3% of the amount of each transfer, whichever is greater. No annual fee.
2)Chase Slate® 0% Introductory APR on balance transfers and purchases for 15 months and $0 balance transfer fee Introductory offer. With no balance transfer fee for the first 60 days, the Slate from Chase is offering interest free payments for up to 15 months with no catch and no annual fee. The 0% intro APR is also extended on purchases for 15 months and once the intro rate has expired, a variable APR of 15.74% 24.49% will ensue.
3) Barclaycard Ring™ Mastercard® 0% intro APR on purchases and balance transfers for 15 months. Unlike the other cards on this list, the Barclaycard Ring MasterCard offers a static, variable APR of 13.74%. NO balance transfer fees to eat into that bonus. The Barclaycard Ring™ Mastercard® is not an everyday spending card as it has no rewards program, but with such a low purchase and BT interest rate, it s a perfect emergency credit card and a balance transfer credit card that is guaranteed to save you money (from your current interest rate).
4)BankAmericard® Credit Card 0% Introductory APR for 18 billing cycles for balance transfers made in the first 60 days, then 11.74% 21.74% Variable APR. Balance transfer fee of either 3% of the amount of the transfer or $10 (whichever is greater) applies. There is no annual fee to own the BankAmericard® credit card.
5) Citi® Double Cash Card 18 month BT offer Get 0% Intro APR on Balance Transfers for 18 months. After that, the APR will be 14.24%, 17.24%, 20.24%, 22.24%, and 24.24% based upon your creditworthiness.* There is a balance transfer fee of either $5 or 3% of the amount of each transfer. Perhaps the greatest feature of the Citi Double Cash Card is the 1% cash back that cardholders will receive on all purchases, followed by another 1% cash back when they pay for those purchases. When you factor in the great intro APR with the top cash back rewards program on the planet, the Citi Double Cash Card doesn t just have a top balance transfer offer; but a top overall offer.
6) Discover it® 18 Month Balance Transfer offer 0% APR on balance transfers for 18 months*. DOUBLE CASH BACK for the first year. The variable purchase APR after the intro period expires is currently 11.74% 23.74%. No annual fee. The Discover it® 18 Month Balance Transfer offer your first year is an offering from Discover, as they ve retired their Discover More Cards. Included with the Discover it® 18 Month Balance Transfer offer your first year is no over limit fee. No foreign transaction fee. And no late fee for your first late payment. Plus they won’t raise your APR for paying late.* The balance transfer fee is 3%.
“Disclaimer: This content is not provided or commissioned by the issuer. Opinions expressed here are author’s alone, not those of the issuer, and have not been reviewed, approved or otherwise endorsed by the issuer. This site may be compensated through the issuer s Affiliate Program.”
MyMoneyBlog.com is for informational purposes only. Do not take it as legal, financial, or tax advice for your personal situation.
Rates and terms set on third-party websites are subject to change without notice. Per FTC guidelines, MyMoneyBlog.com has financial relationships with the merchants mentioned. MyMoneyBlog.com is compensated if visitors click on any outbound links and generate sales for the said merchant.
The editorial content on this site is not provided by the companies whose products are featured. Any opinions, analyses, reviews or evaluations provided here are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by the Advertiser.
I thank you for supporting this independently-owned site.
3 credit cards with no balance transfer fees and low interest rates
Is credit card debt becoming overwhelming in your life? A credit card with the right balance transfer offer can help you get out from underneath that mountain.
It’s easy to find credit cards that will let you transfer a balance at 0% APR for a certain number of months . . . but you’ll typically pay a balance transfer fee of at least 3%.
If you want to be really cheap, here are three credit card offers that don’t have any balance transfer fee. That means you won’t pay a penny to transfer your debt over from a higher interest rate to a lower interest rate card. You might even get a 0% interest rate for some number of months as an introductory offer!
As mentioned, the average balance transfer fee is usually around 3% but it can sometimes be as high as 5%. So by eliminating the balance transfer fee, you can save $300 right off the bat (on a hypothetical balance transfer of $10,000) and enjoy a low or zero percent interest rate all year long.
Of course, each card still requires you to make a minimum payment every month.
Depending on your exact situation, you’ll have to read carefully to see which one is right for you.
Here are three credit cards with no balance transfer fees
- Zero dollar balance transfer fee on transfers made within 60 days of account opening. After that, the fee will be the greater of either $5 or 3% of the amount of each transfer.
- 0% Intro APR for the first 15 billing cycles that your account is open. After that, a variable APR of 13.24%, 18.24% or 23.24% applies based on credit.
- Zero dollar annual membership fee
SPECIAL NOTE: To apply for this card, you have to be a member of Pen Fed Credit Union. But don’t worry if you’re not military. Simply join the National Military Family Association for a one-time tax-deductible fee of $20 and then you can apply. You don’t even have to keep your membership active.
This credit union, which is open to members who already work in select financial institutions, offers a suite of four cards with no balance transfer fees. They include the Visa Platinum, Platinum Member Rewards, Platinum Cash Rewards and Visa Signature cards.
- Zero dollar balance transfer fee
- 0% Intro APR for the first 6 billing cycles on the Visa Signature card. The three other cards range from 3.9% to 5.9% for the first six months. After that, the interest rate varies from 12.15% to 16.15% based on the Prime Rate.
6 Balance Transfer Credit Cards With No Fees
[Update: Some offers mentioned below have expired. You can view the current offers from our partners here — Chase Slate, Capital One. Disclosure: Cards from our partners are mentioned below.]
Four leaf clovers can be difficult — but not impossible — to find; they look just like the regular variety unless you look very carefully. In the same way, it is hard to find a credit card with a balance transfer offer that has no balance transfer fee.
Balance transfers can be a great way to save money on interest rates, but most banks will impose a balance transfer fee of between 3% and 5% on the amount transferred. These fees are added to a cardholder’s new balance, and they instantly owe more money than they previously did.
Before the financial crisis of 2008, there were several credit cards on the market with 0% APR offers and no balance transfer fee. Today, there are a few remaining cards that have no balance transfer fee.
1. Chase Slate. This card features 15 months of 0% APR promotional financing on both new purchases and balance transfers. There is no balance transfer fee for any transactions conducted within 60 days of opening an account.
2. Navy Federal Credit Union. This credit union currently offers five different products that feature a 0% APR on balance transfers for 12 months with no balance transfer fees. It also offers standard interest rates as low as 7.99%. To apply for these cards, you must join the Navy Federal Credit Union. Thankfully, their eligibility criteria are incredibly broad, encompassing grandparents, parents, spouses, siblings, grandchildren, children and household members of those who are active or retired from many defense-related organizations.
Get Your Free Credit Score & Monitoring
3. PenFed Promise and Defender. These cards offer a 4.99% promotional financing rate on balance transfers with no balance transfer fees. Interestingly, the promotional financing rate is valid until the balance is paid off. The Defender card is only available to active and honorably discharged members of the armed forces, but the Promise card is available to those who join the credit union, which is open to anyone.
4. Barclaycard Ring. This card features a standard APR of 8% on balance transfers with no balance transfer fee. It is not a promotional rate, but a standard rate that applies for the life of the card.
5. Clear from American Express. This card is an example of one that has no balance transfer fees, but it doesn’t have a promotional financing offer. Therefore, cardholders must pay the standard APR for balance transfers, which is 17.24%, 20.24% or 22.24% depending on their credit worthiness of the cardholder. In addition, eligible balance transfers must be made within 30 days of opening an account.
6. Various Capital One cards. Currently, Capital One cards either feature a 0% APR promotional financing offer or no balance transfer fee, but not both. The standard interest rates that apply to the cards with no balance transfer fees range from 13.9% to as much as 24.8%.
It is exciting to consider transferring a balance from a card with a high APR to a product with a low interest rate, or none at all. Nevertheless, cardholders should always be aware of any balance transfer fees they might incur. By considering some of the rare cards available without a balance transfer fee, cardholders can eliminate this fee while they work to pay off their debt.
At publishing time, the Chase Slate and Capital One cards are offered through Credit.com product pages and Credit.com is compensated if our users apply for and ultimately sign up for these cards. However, this relationship does not result in any preferential editorial treatment.
Sign up for our Credit Report Card and receive the latest tips & advice from our team of 50+ credit and money experts as well as a FREE Credit Score and action plan. Sign up now.
Note: It's important to remember that interest rates, fees and terms for credit cards, loans and other financial products frequently change. As a result, rates, fees and terms for credit cards, loans and other financial products cited in these articles may have changed since the date of publication. Please be sure to verify current rates, fees and terms with credit card issuers, banks or other financial institutions directly.
Jason Steele has been writing about credit cards and personal finance since 2008, poring through the terms and conditions of credit card agreements to understand the minutiae of how these products work. His work has appeared on Yahoo, MSN, HuffingtonPost and other major news outlets. In his free time, Jason's a commercial pilot. He graduated from the University of Delaware with a degree in History.
Comments on articles and responses to those comments are not provided or commissioned by a bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by a bank advertiser. It is not a bank advertiser's responsibility to ensure all posts and/or questions are answered.
Please note that our comments are moderated, so it may take a little time before you see them on the page. Thanks for your patience.
Jason, I have lowered the burden of debt by balance transfer card without any fee but I have found it very tough to stick to it for long time.
Is it worthwhile for me to transfer my credit card debt to a 0% interest rate for the 14 month period advertised on some of the cards? (ie: Discover It.) I am currently paying 7.24% interest but have a high balance due. Any advice is greatly appreciated.
7.24% is quite good so you’ll need to weigh a couple of thngs here.
1. The balance transfer fee (some go as high as 4% of the amount transferred) and
2. How much you’ll pay over the long run. If you transfer your balance and can’t pay it off before the 0% rate expires you’ll likely pay a higher rate afterward.
You may want to just transfer the amount you know you can pay off in 14 months so you don’t wind up paying a lot more down the road.
I have a 5,300 balance with a very high interest rate. The interest charged monthly is well over $120.00 I want to call them to reduce this interest or should I transfer.
I would suggest you call them and see what they can offer. If they can’t match or beat your balance transfer offer, then go ahead and transfer the balance.
Best 0% balance transfer credit cards and other smart tricks to saving money while paying off debt
Borrowing is back in the United States: Americans now have more outstanding debt loads than they did before the financial crisis, and many people are still struggling with student loans, car payments, mortgage balances — and yes, credit cards .
If your credit card debt in particular is giving you trouble — and you wish you could essentially hit "pause,9quot; stopping the clock on that ballooning debt as you hustle to pay it off — switching to a 0% balance transfer credit card might be right for you , even helping to improve your credit score if you do it carefully.
These cards essentially allow you to refinance your debt: a.k.a. lower the interest rate you're paying by moving to a credit plan with an introductory APR of 0%. That can save you hundreds of dollars. NerdWallet has a clear explanation of how this works: You move your debt from one credit card with a high interest rate to another that has the lower (or zero percent) rate. While this doesn’t reduce what you currently or already owe, it does mean you can lower — or, with a 0% card, totally stop — additional interest from adding up fast. You'll owe 0% new interest on your debt for as long as the term lasts.
"For example," NerdWallet writes, "let’s say you’re carrying a balance of $10,000 on a card that charges 15% interest and your goal is to pay it off in the next 12 months. By transferring it to a card that’s offering 12 months at 0%, you’d save $831 in interest."
Now, there is almost always an upfront fee — usually 3% or more of the balance you’ve transferred — that you must pay to switch cards. In the example above, the fee would be $300, meaning you'd only be saving $531 at the end of the day. While that's far better than nothing, it's a helpful reminder to shop around. Below, we'll discuss different kinds of cards available, as well as some apps and tricks that might be able to save you even more money.
Best balance transfer credit cards
Let's start with credit cards. Which card is best for you? The right card for you depends on what you're looking for. If you need to save money immediately, then you'll want a card with no transfer fee (at least not right away). If you can afford to pay a little more upfront, you can potentially snag a longer period of 0% interest.
And if you want something that offers the best overall value, there's a card for that, too. There are a host of guides breaking down top-rated balance transfer cards; here are some recurring favorites.
Best credit card for no transfer fee
Looking for a card with no transfer fee? NerdWallet recommends Chase's Slate Card which has no transfer fee for 60 days, and no annual fee: "This card wins the balance-transfer triple crown," NerdWallet says, offering 0% balance transfer for 15 months, no introductory fee for transfers made during the first 60 days of the account opening, and no annual fee. And you can get it even "with fair or average credit," they write.
For ValuePenguin , this is the best-overall card on the market. "As of 2017, there are very few credit cards out there that combine a $0 introductory transfer fee benefit with a long 0% APR period."
Among the drawbacks? No rewards, and you cannot transfer existing Chase balances. There's also a $15,000 cap on what you can transfer.
Best credit card for a long 0% APR grace period
Maybe you're willing to sacrifice a transfer fee for a longer 0% APR period. For the card with the longest 0% APR , NerdWallet recommends Citi's Simplicity Card , which has a 0% promotion period for 21 months. This card also allows for any kind of balance to be transferred, "including student loans and auto loans, as long as the account number is at least five digits long and doesn’t include any letters," NerdWallet says. But there is a fee of 3%.
ValuePenguin also recommends this card, especially if you can get it with no late fees. "Unlike the Chase Slate, the Citi Simplicity card . comes with a balance transfer fee, 3% or $5, whichever is greater," they write. "Even though it charges a fee, the six additional months of 0% APR the card provides over the Citi Simplicity card can more than make up for that difference."
Best overall balance transfer credit card
These two cards above all offer specific promotions. For the card with the absolute most features, NerdWallet recommends the Discover It card . "Most balance-transfer cards don’t give you much of a reason to keep using them after the 0% period expires," they write.
Discover It's rewards program sets it apart, NerdWallet says, thanks to paying 5% cash back for various purchases, for up to $1,500 each quarter, and 1% on everything else. You'll have to be careful with this card, though. "If you’re still carrying a balance when the 0%. APR runs out, you’ll have to pay interest on your purchases starting from the date of each transaction," NerdWallet notes.
TheSimpleDollar also rates this as best overall: "The Discover It does double duty as a balance transfer card and a cash back rewards card, with no annual fee," they write. "You could find yourself keeping this card for the rewards program long after you’ve used it to pay off a balance."
Best apps to help you pay down debt
Besides cards, there are a few apps that are designed to help better manage your debt load. One of these is Tally , a financial management app that became available to the public June 20. It helps you save you money on interest by analyzing your credit cards and history to optimize card payments, getting you better interest rates and avoiding late fees. If you have a balance transfer card, Tally can help you pay it off before your promo rate expires. The app is free to download; the company makes money only through interest on what amount you borrow from them — and only if they can save you money.
"Tally helps you stay on top of your 0% transfers so you can pay them off before the promo rate expires," CEO Jason Brown said in an email to Mic. The app "makes it easy avoid late fees, save money on interest, and pay down balances on all your other cards."
EarnUp is another financial management app — costing $9.95 per month — that specifically targets debt management. Its platform allows you to "manage all your loans in one place including your mortgages, student loan, auto loan, credit cards, and personal loans," according to the company. EarnUp creates a budget that allows your loan payments to be made on time, breaking monthly loan expenses "into bite size withdrawals on the days you get paid."
Finally there's Albert , which works like both of the above-mentioned apps, but also looks for opportunities for you to make moves like open a savings or retirement account at competitive rates.
Other solutions to help you pay down debt
Ryan Falvey, managing director of the Financial Solutions Lab at the Center for Financial Services Innovation, said he prefers apps to credit cards when it comes to managing debt. "It9apos;s important to pay attention to other fees that might be associated with [cards]," he said. "One reason why is [many] charge a balance transfer fee, and those can be not insignificant themselves."
If you're going to get a card, he says, you should also use an app or set up an alert through your card company that can remind you when a fee or due date may be approaching.
And there are also more traditional ways of reducing your debt, including simply picking up the phone, as Credit.com points out: "You may be able to lower your interest rates or negotiate a reduced settlement on some debts by speaking with the customer service department," they write. "It is especially easy to negotiate the terms of debts that are charged off (dismissed) by the creditor or in collections already."
For more advice, check out Mic 's guide to wiping out debt — no matter how much you owe — plus secrets to the most effective psychological trick to help you pay back all the cash you've borrowed.
Sign up for the Payoff — your weekly crash course on how to live your best financial life. Additionally, for all your burning money questions, check out Mic’s credit , savings , career , investing and health care hubs for more information — that pays off.
Get The Payoff, your weekly crash course on how to live your best financial life.