Credit Cards » Compare Credit Cards » Best Balance Transfer Cards With Long 0% Intro Of 2021
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Best Balance Transfer Cards With Long 0% Intro Of 2021

If you move your debt from that high interest to a card that has low or no interest (at least for a period of time).

Some products that appear here are from companies from which this website receives compensation. This may impact how and where products appear on this site (including, for example, the order in which they appear). This compensation allows us to maintain a full-time, unbiased editorial staff. Our opinions are our own.

What is a Balance Transfer Credit Card?

Citi Double Cash

Citi Double Cash Credit Card Review
On Citi Secure Website

Citi Double Cash

Reward details

Up to 2X points for every $1 you spend

Current Offer

60,000 bonus points

Credit Rating

Good – Excellent

Annual Fee

$0

0% Intro

18-month

APR

13.99% – 23.99% 
  • Overview
  • Card Features
  • Pros & Cons

Looking for a credit card issuer that offers an unrivaled flat-rate cash back rewards on all your purchases with no annual fee and a straightforward reward structure, then look nowhere else; Citi Double Cash is the best for you. You can get up to 1% cashback when you use the card plus an additional 1% whenever you make a payment. The flexible redemption options of this card make it a potentially lucrative option for its users. Some of the benefits you can get from using this card include an outstanding cashback on unlimited purchases and generous intro APR on balance transfers. However, this card does not provide a one-time offer.

Citi ranked 6th out of 11 card issuers with a score of 799, according to the 2019 J.D. Power Credit Card Customer Satisfaction Study.

  • Rewards Plan: Earn cash back twice on every purchase with unlimited 1% cash back when you buy + 1% as you pay for those purchases.
  • APR: 13.99% - 23.99% 
  • Annual fee: $0
  • Balance Transfer Fee: $5 or 3%
  • Foreign Transaction Fee: 3%
  • Sign Up bonus: None
  • 0% APR Introductory Rate period: 18 months
  • Simple and Generous Rewards System
  • Competitive Balance-Transfer Policy
  • Fee Waiver on First Late Payment
  • No Annual Fee
  • No Sign-Up Bonus
  • No Intro 0% APR on Purchases
  • Balance Transfer Fee
  • Foreign Transaction Fee

American Express Everyday

On AMEX Secure Website

American Express Everyday

Reward details

Up to 2X Points for every $1 you spend

Current Offer

10,000 Membership Rewards® Points

Credit Rating

Good – Excellent

Annual Fee

$0

0% Intro

15 months

APR

12.99% – 23.99%
  • Overview
  • Card Features
  • Pros & Cons

The Blue Cash Everyday from the American Express is a very good option among rewards cards for individuals that rank up spending at the grocery checkout and gas pump. The Blue Cash Everyday offers an amazing 3% cash back rate at the united state's supermarkets once you spend up to $6,000 in a year, as well as a 2% competitive rate at any gas station for a zero-dollar annual fee card.

The Blue Card Everyday also offers new cardmembers a $200 statement credit bonus. However, to qualify for this bonus, you need to spend up to $1000 on eligible purchases in the first three months of obtaining the card.In 2019, American Express ranked 2nd overall for customer satisfaction according to the J.D. Power U.S. Credit Card satisfaction survey.

  • APR: 12.99% – 23.99%
  • Annual fee: $0
  • Balance Transfer Fee: Unknown
  • Foreign Transaction Fee: 2.70%
  • Rewards Plan: Earn 2X Points at U.S. Supermarkets (up to $6,000 per year in purchases) and 1X Points on Other Eligible Purchases
  • Sign Up bonus: 10,000 Membership Rewards® Points after you spend $1,000 in qualifying purchases on the Card within your first 3 months
  • 0% APR Introductory Rate period: 15 months
  • 10,000 Points Sign-Up Bonus
  • Rewards Plan
  • 20% Bonus Points
  • No Annual Fee
  • 0% APR Introductory Rate on Balance Transfers and Purchases in the First 15 Months
  • No Balance Transfer Fee
  • High APR
  • Foreign Transaction Fee
  • Variations in Reward Points’ Worth
  • There are Better Rewards Cards
  • Not as Widely Accepted as Other Cards
  • Flexible Redemption

Citi Simplicity

Citi Simplicity Credit Card Review

On Citi one Secure Website

Citi Simplicity

Reward details

None

Current Offer

None

Credit Rating

Good – Excellent

Annual Fee

$0

0% Intro

0% Intro APR for 18 months on purchases and balance transfers.

APR

14.74% – 24.74% day_”]
  • Overview
  • Card Features
  • Pros & Cons

If you need a card that will give you the freedom to pursue your dreams without pesky fees, Simplicity by Citi offers you a perfect solution. You need a credit score of between 690 to 850 to qualify for this card, and there are zero charges on purchases made within the first one year.

The Simplicity card also grants the holder free transfers for the first one year, which is a great incentive for anyone who wishes to get this card. As a bonus, there are no late fees or annual fees when using this card ever. The card has a J.D. Power rating of 799 from a 2020 survey carried out by the establishment.

  • APR: 14.74% - 24.74%
  • Annual fee: $0
  • Balance Transfer Fee: $5 or 3%
  • Foreign Transaction Fee: 3%
  • Rewards Plan: None
  • Sign Up bonus: None
  • 0% APR Introductory Rate period: 0% Intro APR for 18 months on purchases and balance transfers.
  • Extreme Forgiveness
  • No Annual Fee
  • 0% Purchases & Balance Transfer Intro APR (18 months)
  • No Rewards System
  • High APR
  • 5% Balance Transfer Fee

Wells Fargo Propel American Express

Wells Fargo Propel American Express Card review

On Wells Fargo Secure Website

Wells Fargo Propel American Express

Reward details

Up to 3 points for every $1 you spend

Current Offer

20,000 bonus points

Credit Rating

Good – Excellent

Annual Fee

$0

0% Intro

15 months

APR

14.49% – 24.99%
  • Overview
  • Card Features
  • Pros & Cons

The Wells Fargo Propel card does not charge any annual fee and stands out by it offers. For example, in the popular spending category, including restaurants, travel, gas and some very popular streaming services, the Well Fargo Propel American Express gives a 3 point dollar, making it outstanding. They also offer a decent bonus for a card with no annual fee and an introductory 0% APR with a cash bonus.

For individuals who do not have any insurance on their cell phone, this card may be the best for them because it extends a $600 coverage on your cell phone, only if you pay your cell phone bill with the Well Fargo. Wells Fargo ranked 9th out of 12 companies that issue cards with a score of 783 according to the J.D. Power Credit Card Customer Satisfaction Survey in 2019.

  • Rewards Plan: Earn 3 points per $1 spent on selected gas stations, rideshares, transit, Flights, hotels, homestays, car rentals and popular streaming services. 1 point per $1 spent on other purchases
  • APR: 14.49% - 24.99%
  • Annual fee: $0
  • Balance Transfer Fee: $5 or 5%
  • Foreign Transaction Fee: None
  • Sign Up bonus: 20,000 bonus points when you spend $1,000 in purchases in the first 3 months
  • 0% APR Introductory Rate period: 0% introductory APR on purchases and balance transfers for the first 15 months
  • 20,000 Points Sign-Up Bonus
  • Higher Points on Certain Categories Including Streaming Services
  • No Foreign Transaction Fee
  • Points on All Other Categories
  • No Annual Fee
  • 0% APR on Balance Transfers and Purchases
  • Minimum Redemption Amounts
  • Longer Introductory Rates
  • Not as Widely Accepted as Others
  • Balance Transfer Fee
  • High APR

Capital One SavorOne Rewards

capital one savorone review

On Capital one Secure Website

Capital One SavorOne Rewards

Reward details

Unlimited 1-3% cash back

Current Offer

$200

Credit Rating

Good – Excellent

Annual Fee

$0

0% Intro

15 months

APR

15.49% – 25.49%
  • Overview
  • Card Features
  • Pros & Cons

The Capital One SavorOne Cash Back rewards credit card is a no annual fee card and will help you earn cash back rewards on everyday activities. It offers generous cash back for entertainment expenses and eating out at fast food or restaurants as well as a better than average cashback rate for groceries.
Enjoy the generous 15-month 0% on balance transfers and APR to help you pay down an existing balance you may have or pay off new purchases slowly, as well as Earn a one-time $150 cash bonus once you spend $500 on purchases within the first 3 months from account opening sign up bonus.

  • Rewards Plan: Unlimited 3% cash back on dining and entertainment, 2% at grocery stores (excluding superstores like Walmart® and Target®) and 1% on all other purchases.
  • APR: 15.49% - 25.49%
  • Annual fee: $0
  • Balance Transfer Fee: 3%
  • Foreign Transaction Fee: None
  • Sign Up bonus:One-time $200 cash bonus once you spend $500 on purchases within the first 3 months from account opening
  • 0% APR Introductory Rate period:0% intro APR for 15 months
  • Sign Up Bonus
  • No Rotating Spending Categories
  • 1-3% Cash Back
  • No Annual Fee
  • 0% APR on Balance Transfers and Purchases
  • Redemption Limitss
  • 3% Balance Transfer Fee
  • High credit Needed
  • High APR

U.S. Bank Visa Platinum

USBank-Visa platinum card review

On US Bank Secure Website

U.S. Bank Visa Platinum

Reward details

None

Current Offer

None

Credit Rating

Good – Excellent

Annual Fee

$0

0% Intro

0% introductory APR on purchases for 20 billing cycles

APR

13.99% – 23.99%
  • Overview
  • Card Features
  • Pros & Cons

The US Bank Visa Platinum card is for people who are looking to either finance a major purchase or pay off a debt interest-free. It is one of the best credit card options in the market for a one-time buy. This is because the card does not charge an annual fee, and offers a long zero percent introduction offer on an interest rate for all purchases.

The card does not earn you any rewards, such as the other cards above do, but it comes with very many benefits such as cell phone insurance. For everyday spending and uses, many customers will find that other cards offering rewards and cash back will be a better value.

 

  • Rewards Plan: None
  • APR: 13.99% - 23.99%
  • Annual fee: $0
  • Balance Transfer Fee: $5 or 3%
  • Foreign Transaction Fee: 2-3%
  • Sign Up bonus: None
  • 0% APR Introductory Rate period: 0% introductory APR on purchases for 20 billing cycles
  • 0% APR Introductory Rate on Balance Transfers and Purchases in the First 20 Months
  • No Annual Fee
  • Cell Phone Protection
  • Free Credit Score
  • No Sign-Up Bonuses
  • No Rewards
  • Balance Transfer Fee

Factors to Consider When Choosing a Balance Transfer Credit Card?

You want to make sure that you know how long you have with that 0% interest rate.
After all, it’s only going to give you a set amount of time (usually 12 to 18 months).

After you get to that point you’re going to have to pay interest, so you want to make sure that you’re getting as long of a period as you can.

It’s going to help you rack up the payments without all your money going into the interest and not really taking down the debt itself. 

This is the annual percentage rate and it’s the interest that you’re going to pay over the course of a year.

Now, you’re not always going to get the APR that’s advertised on the materials because it’s based on how you use the card, your balances and of course any introductory periods that are being offered.
If you’ve been given a card with 0% APR for 15 months that means in the first 15 months you’re not going to be charged any interest.
After that 15 months, however, you’re going to end up paying APR on the balance that you have and any additional balance that you add to the card.
Now, the most important thing is to get a low APR card, but you want to be careful about this. It’s not as easy as you might think because it’s going to be based on your credit score. 

If you have great credit that’s great for you. If you don’t you may want to look for fixed rate credit cards.

If you’ve just opened a new account or if you have one of the really good cards you may actually get free balance transfers for a short amount of time.

Otherwise, you’re generally going to be paying as much as 3-5% of the amount that you transfer over.

Now, you want to make sure that you look at the rules if you do have an offer for no fee balance transfers and see how you can actually make it work.

If you’re using your card to make any type of purchase in a foreign currency you can be charged this fee.

And that doesn’t even mean you have to be in a different country. You can be charged it anytime the currency that’s billed isn’t U.S. currency.

You want to make sure that you have some freedom and flexibility when it comes to your credit limit, but don’t let yourself get too overboard where you can go too wild.
You also want to make sure that you can consolidate everything you want to without running into problems.

If you can’t transfer all of the balances, add fees and interest and more then you’re going to have a hard time getting what you planned on.

Now, if you’re just getting started with credit and you don’t really know all of what you’re doing you may want to go with a card that has a low limit.

These cards are going to help you get started and help you better understand the process of using credit cards.

If you’re the type who gets into debt easily or the one who isn’t quite as responsible with your money this is definitely an important way to go and it’s going to make it easier for you to stay out of trouble.

If you have a higher limit as you get to know more about credit it may help because it can keep your utilization rates low (as long as you aren’t spending too much of it).

Just make sure that you’re paying attention to yourself and what you’re actually going to be able to do. You don’t want to get yourself in trouble with credit. 

These are the fees that are charged to you each year and they basically only allow you to have the card.

If you’re using a balance transfer card you’re generally not going to have one of these fees.

For those who are able to pay off their credit cards each month you don’t really need to worry a lot about interest because you’re already taking care of that problem.

It’s something you could just worry about at a later time.

But any credit card that you have is going to have some type of fees. If you aren’t going through all of the details on your credit card application that’s okay.

You generally get all of these fees listed right in the main body of the information. You want to be looking for things like:

Pros and Cons of Balance Transfers Cards

Before choosing a balance transfer card, make sure you fully understand the pros & cons of such type of cards:

You can cut down on how long you’re going to be in debt by working with a low APR.

That’s because more of the money that you pay is actually going to the debt itself and not to the interest rate.

Look for a card that’s going to offer you 0% APR for your balance transfer and even that will offer you that same rate for purchases for a limited time.

If you’re looking to turn all those payments into a single payment you’re definitely going to want to take a look at this option.

It lets you pull everything into one card, with one interest rate (and 0% is a great way to go) and a single payment. All of that is going to make it easier for you to keep track of everything.

This isn’t necessarily guaranteed, but it’s actually possible to lower your debt to credit ratio or your credit utilization rate.

Then you can improve the credit rating that you’re given.

The downside is you’re not going to get a balance transfer card that also offers you rewards.

This means you’re not going to get the benefits that you might get on some of the other cards that you’ve been checking out.

You may not be able to transfer all of the different types of debt that you were hoping to. There are situations where you may not be able to transfer from specific types of accounts as well.

You’re going to have a set credit limit and that limit is going to be the total amount that you’re able to transfer.

If you were hoping to transfer more than that you’re not going to have the opportunity and that could mean you’re still stuck with multiple payments and cards to pay off.

Balance Transfer Card Requirements

In general, you’re going to need to meet a few important requirements in order to get a balance transfer card.

For one thing, you usually need a FICO score of at least 650. You may want to check out what the website of the company says because it may tell you that you can get a card with a poor, average or good score.

You may also be able to prequalify for a credit card, which is going to be an even more important aspect.

Note that your debt-to-income ratio is going to be an important aspect to getting that card, as well as the credit score you have.

If you have delinquent accounts or bankruptcy declarations you may have trouble.

How To Maximize Your Balance Transfer Credit Card?

When you apply for a new credit card, you have to make sure you use all the new card features and maximize its benefits:

Make the absolute best of the balance transfer intro period. Use this time to transfer as much as you can and to make as big of a dent in it as you possibly can. All of your money is going to the debt now, not toward an interest payment and you want to make sure that you’re getting as much paid down as you can.

If you aren’t making payments and getting it paid down even when it’s at 0% you may want to look into a new option.

You may be able to get a low APR (not 0%) and also get the balance transfer fee waived. If that’s available you definitely want to see how you can make it work for you and if it’s going to help you pay down that debt even faster.

Look at the situation you’re in and make sure you know what you’re getting into.

There are always going to be terms and conditions so you want to make sure you look at those. You may want to spend on your 0% credit card, but first, you want to be sure that your interest rate applies to new purchases as well as transfers.

Plus, you want to make sure you’re not using the card you just transferred a balance from. You may only be able to use the 0% or low rate for a transfer and you may have new purchases billed at a high-interest rate. Make sure that you know exactly what you’re getting into and just how you’re going to be billed and charged for the interest.

If you have a payment due on your credit card balance and it hasn’t transferred to the new card yet you want to make sure that you are still making the payments. Don’t skip out because you’re in the process of a transfer. Make sure that you pay attention to the due dates and keep them up until you get a confirmation that the transfer has happened.

You may even want to make sure that once you get the transfer completed you have automatic payments set up. If you’re late even once you could actually end up losing out on the promotional rate or offer that you’ve been given. You definitely don’t want that.

You should be paying attention to just how you’re actually going to pay off that balance transfer.

After all, you want to do as much of it as you can before the promotional period is gone.

Also, make sure you know how you’re going to pay for any other balances that you weren’t able to transfer at the same time.

Balance Transfer or Personal Loan?

You may have been told that it’s only a good idea to get a balance transfer if you can pay it off during the promo period. After all, once that ends you’ll have a much higher rate of interest again. On the other hand, a personal loan has a fixed rate of interest that can be appealing.

The downside is that you’re going to have a secured loan with a personal loan. That means you’re going to have to put something in the mix as your collateral and that may not be something you want to get involved with. The creditor could come after your assets if there’s ever a problem with the payments.

Credit Card Reviews Methodology

In order to determine the best possible credit cards, we look at things like fees, interest rates and rewards. We do this with companies that are associated with us as partners as well as other offerings. From there, we make a decision about what the best card is related to different categories and needs. We focus on interest rate cost & fees, especially the cost of carrying a balance, rewards – cards accumulate rewards in different currencies—points, miles, cash back—and their values vary widely usability – cards that accept a wide range of credit profiles and offer simple solutions for things like checking your credit score or contacting. We also consider customer reviews.

We look at cards related to good or excellent credit ratings that will then provide a range of different benefits and improvements for someone who has these scores. We also look at low fees when it comes to those who have lower credit scores.