Uncover the Top Credit Cards for Streamlining Your Balance Transfers!
CREDIT CARDS
Top Balance Transfer Credit Cards
Updated: October 25, 2023
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Are you struggling to pay off your credit card balance soon? You could transfer what you owe to a different card. Some of them have 0% interest for a set starting period. So, instead of dealing with high interest rates on your current card, you won’t owe any interest for 12-18 months, depending on the new card’s rules. This could help you save quite a bit.
The top balance transfer credit cards have great interest rates and extra perks to give you more time to get rid of your debt. You’ll find the features of several of these cards below. For more possibilities, check this page.
Find our best-rated cards by category here:
– Top Credit Card Signup Bonuses
– Prime Cashback Credit Cards
– Favourite Travel Rewards Credit Cards
– Best Small Business Credit Cards
All the cards below have 0% interest for balance transfers for a bit, but they charge a 3% fee for the service. As such, only transfer balances when it’s really needed.
1. Citi Double Cash Card
The Citi Double Cash Card is popular for balance transfers. With it, you’ll get 0% interest for 18 months, but also earn 2% back in cash with each purchase. It’s a top pick for a daily spending card because of these solid rewards.
This card gives back 1% when you buy and another 1% when you pay up, totaling 2%. But you need to pay at least the minimum balance on time each month to get your cash back. The card has other benefits too, like no yearly fee and the Citi Price Rewind scheme. If they find a better price for an item you bought within 60 days, they’ll give you the difference up to $1,200 a year. Note that there is a 3% fee for foreign transactions.
2. Citi Diamond Preferred
The Citi Diamond Preferred also offers 18 months of no interest on balance transfers and on new spending during that time. The balance transferred incurs a 3% fee. This card has some other extras like accessibility to your FICO score and special event tickets through Citi Entertainment, but you won’t earn any cash back or points.
3. Wells Fargo Cash Wise Visa Card
The Cash Wise card from Wells Fargo is another top balance transfer card with 0% interest for 15 months on transfers and purchases. Balance transfers attract a 3% fee. This card also gives you 1.5% cashback on all your purchases with no cap. Moreover, it offers 1.8% cashback on digital wallet purchases during the first 12 months of using your card. Plus, if you spend $500 in the first three months, you get a $150 bonus. This card has a cool Cash Track platform for managing rewards. It also provides up to $600 of cellphone protection with your phone bill payment. Just be aware of the 3% fee on foreign transactions.
4. Wells Fargo Platinum
The Wells Fargo Platinum card gives you 18 months of no interest on balance transfers and new items, with a 3% balance transfer fee. It doesn’t have any rewards, but it does offer $600 of cellphone protection.
Final Word
Having a balance on your credit card doesn’t mean being stuck with steep interest charges. You can enjoy no-interest periods, rewards, and more with the top balance transfer credit cards we’ve discussed. You’ll be able to pay off your balance interest-free and earn rewards that add up to a nice bonus.
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