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Best Balance Transfer Offers October 2021

balance transfer credit cards

No interest on balance transfers until 2023 with special introductory rates on some new accounts

When you transfer your high-interest balance to a credit card offering an introductory 0% APR (Annual Percentage Rate) you could reduce your monthly credit card bills by a significant amount.

A fixed interest rate of zero financing for a year or more allows you to make affordable payment on only the balance you owe. Note that minimum monthly payments are still due until the intro period ends. Once the special 0% rate expires regular rates will apply to the remaining balances.

CHECKLIST

Most major banks charge upfront balance transfer fees that are added to the balance. Usually the fees are less than interest you’re currently paying, but check with a professional financial advisor before proceeding with a balance transfer. Fees such as balance transfer, annual, late payment, etc. could swallow up any savings on interest.

See if credit line with the new card covers the amounts you want to transfer. For instance if you have a $10,000 balance to transfer and only get a $2,500 credit line with the new card, that may not be enough to save a meaningful amount. You’ll also be complicating life by having more credit card payments to keep track of.

Never charge anything on the card since purchases often are mixed in with transfers. When that happens the entire balance may be due way before the expiration of the introductory period. If not paid in full you might even pay regular interest rates on the amounts transferred.

Normally you cannot transfer balances between cards from the same bank or issuer. Inquire whether funds from the new card can be sent to the original card. Otherwise an excess of “hard” inquiries could damage your credit score.

Allow a lag time between transfer request and its posting to the old card. A month might pass before balance is erased from the high-interest account. That delay might result in an unexpectedly large amount due for the first card.

THE CARDS

The credit cards below feature longer 0% APR periods so you can pay bills in a planned manner under the guidance of trusted financial mentor.


 

21 MONTH INTRO 0% APR

Wells Fargo ReflectSM Visa Card

  • 21 month zero-interest intro APR(conditions apply)
  • Balance transfer fee: 3%
  • Also offers 0% APR on purchases for 21 months (other 0% APR purchases offers)
  • No annual fee
  • Regular APR is 12.99% to 24.99% after intro period expires

Citi Diamond Preferred Mastercard®

  • 21 month zero-interest intro APR(valid for first 4 months)
  • Balance transfer fee: 3%
  • Also offers 0% APR on purchases for 18 months (other 0% APR purchases offers)
  • No annual fee
  • Regular APR is 13.74% to 23.74% once intro period expires

Citi Simplicity

  • No interest intro APR for 21 first months
  • Transfers must be completed during initial 120 days
  • Balance transfer fee: 3%
  • No annual fee
  • Regular APR is 14.74% to 24.74% once intro period expires

20 MONTH INTRO 0% APR

U.S. Bank Visa® Platinum Card

  • 20 month 0% intro APR for transfers completed first 60 days
  • Balance transfer fee: 3%
  • No annual fee
  • Regular APR is 14.49% to 24.49% once intro period expires

18 MONTH INTRO 0% APR

U.S. Bank Cash+® Visa Signature® Card

  • 18 month zero-interest intro APR(valid for first 4 months)
  • Balance transfer fee: 3%
  • No annual fee
  • Regular APR is 13.99% to 23.99% after intro period expires

BankAmericard®

  • No interest APR for first 18 months on balance transfers made within first 60 days
  • Balance transfer fee: 3%
  • No annual fee
  • Regular APR is 12.99% to 22.99% after intro offer expires

Citi Double Cash Mastercard®

  • 18 month zero-interest intro APR(within first 60 days)
  • Balance transfer fee: 3%
  • No annual fee
  • Regular APR is 13.99% to 23.99% after intro period expires

Wells Fargo Platinum Visa®

  • 0% APR for 18 months on balance transfers
  • Introductory rate applies only on transfers made within first 120 days
  • Balance transfer fee: 3%
  • Also offers 0% APR on purchases for 18 months (other 0% APR purchases offers)
  • No annual fee
  • Regular APR is 16.49% to 24.49% once intro period expires

Citizens Bank Clear Value Mastercard®

  • No interest APR for first 18 months on balance transfers
  • No cut-off date during balance transfer introductory period
  • Balance transfer fee: 3%
  • No annual fee
  • Regular APR is 13.99% to 21.99% after intro offer expires

15 MONTH INTRO 0% APR

KeyBank Latitude Credit Card

  • 15 month introductory 0% APR on balance transfers and purchases
  • Balance transfers must be completed within first 60 days of account opening
  • Balance transfer fee: 3%
  • No annual fee
  • Regular APR is 9.99% to 19.99% after intro offer expires

PNC Core Visa® Credit Card

  • 15 month introductory no interest APR
  • Balance transfer fee: 3%
  • No annual fee
  • Regular APR is 10.99% to 22.99% after intro offer expires

SunTrust Cash Rewards World Mastercard®
SunTrust Travel Rewards Mastercard®
BB&T Bright Visa® credit card

While currently issued as separate products, SunTrust and BB&T have merged to form Truist, so the credit cards will eventually become Truist ones.

  • 15 month introductory no interest APR
  • No cut-off date for special introductory rate
  • Balance transfer fee: 3%
  • No annual fee
  • Regular APR is 11.24% to 21.24% after intro offer expires

Citi Rewards+ Mastercard®

  • 15 month introductory 0% APR on balance transfers
  • They must be completed within first 120 days
  • Balance transfer fee: 3%
  • No annual fee
  • Regular APR is 13.49% to 23.49% after intro offer expires

Bank of America Unlimited Cash Rewards® Card

  • No interest APR for first 15 months on balance transfers made within first 60 days
  • Balance transfer fee: 3%
  • No annual fee
  • Regular APR is 13.99% to 23.99% after intro offer expires

Citi Custom CashSM Credit Card

  • 15 month introductory 0% APR on balance transfers
  • They must be completed within first 120 days
  • Balance transfer fee: 5%
  • No annual fee
  • Regular APR is 13.99% to 23.99% after intro offer expires

Wells Fargo Active Cash Card

  • 15 month introductory 0% APR on balance transfers
  • Balance transfer request must be made within first 120 days
  • Balance transfer fee: 3%
  • No annual fee
  • Regular APR is 14.99% to 24.99% after intro offer expires

Diamond Resorts World Mastercard® from Barclays Bank

  • 15 month introductory 0% APR on balance transfers
  • Balance transfer request must be made within first 45 days
  • Balance transfer fee: 3%
  • No annual fee
  • Regular APR is 15.74% to 24.99% after intro offer expires

TD Cash Visa® Card

  • 15 month introductory no interest APR
  • Balance transfer fee: 3%
  • No annual fee
  • Regular APR is 12.99% to 22.99% after intro offer expires

Mastercard® Black Card (Barclays Bank)
Mastercard® Gold Card (Barclays Bank)
Mastercard® Titanium Card (Barclays Bank)

  • 15 month introductory 0% APR on balance transfers
  • Balance transfer request must be made within 45 days of opening
  • Balance transfer fee: 3%
  • Annual fees are $195 (Titanium), $495 (Black), $995 (Gold)
  • Regular APR after intro offer expires varies on which card you apply for and credit history

Bank of America® Customized Cash Rewards Credit Card

  • 15 month introductory no interest APR on transfers within first 60 days of account opening
  • Balance transfer fee: 3%
  • No annual fee
  • Regular APR is 13.99% to 23.99% after intro offer expires

BMO Harris Bank Platinum Mastercard®

  • 15 month introductory 0% APR on balance transfers
  • Balance transfers must be completed within first 90 days of account opening
  • Balance transfer fee: 3%
  • No annual fee
  • Regular APR is 12.24% to 20.24% after intro offer expires
  • Available only in Arizona, Florida, Indiana, Illinois, Kansas, Minnesota, Missouri and Wisconsin

Fifth Third Bank Truly Simple Mastercard®

  • 15 month introductory no interest APR
  • Balance transfer fee: 4%
  • No annual fee
  • Regular APR is 11.99% to 22.99% after intro offer expires

Bank of the West (BNP Paribas) Platinum Mastercard®

  • 15 month introductory 0% APR on balance transfers
  • Balance transfers must be completed within first 90 days of account opening
  • Balance transfer fee: 4%
  • No annual fee
  • Regular APR is 14.99% to 22.99% after intro offer expires

Citizens Bank Cash+ World Mastercard®

  • 15 month introductory no interest APR
  • Balance transfer fee: 4%
  • No annual fee
  • Regular APR is 15.99% to 23.99% after intro offer expires

Regions [Bank] Life Visa® Card

  • 15 month introductory 0% APR on balance transfers
  • Balance transfers must be completed within first 60 days of account opening
  • Balance transfer fee: 4%
  • No annual fee
  • Regular APR is 11.99% to 21.99% after intro offer expires

Elan Financial Services

Elan Financial Services issues 20-month introductory 0% APR on selected credit cards on behalf of several banks, which normally have the following terms:

  • 0% APR financing for first 20 months after opening account
  • Balance transfer fee: 3%
  • No annual fee
  • Regular APR of 13.49% to 23.49% once intro period expires (changes depending on prime interest rates)

A small sampling of those banks are:

Hillcrest Bank Visa® Platinum Card
Exchange Bank(NE Missouri) Visa® Platinum Card
Exchange Bank(Oklahoma) Visa® Platinum Card
Fulton Bank Visa® Platinum Card
People’s United Bank Mastercard® Platinum Card
Sterling National Bank Visa® Platinum Card
Suncrest Bank Visa® Platinum Card
The Bank of Missouri Visa® Platinum Card

NO BALANCE TRANSFER FEE & INTRO 0% APR

Union Bank Platinum Visa Credit Card

  • 15 month introductory no interest APR
  • No balance transfer fee on transfers made within 60 days; 3% after that (terms)
  • No annual fee
  • Regular APR is 8.49% to 19.99% after intro offer expires

Navy Federal Credit Union®Credit Card (members only)

  • 12 month introductory 0% APR
  • No balance transfer fee
  • No annual fee
  • Regular APR is 5.99% to 18.00% after intro offer expires

Purdue Federal Visa Signature (members only)

  • 12 month introductory 0% APR on purchases, balance transfers and cash advances
  • Balance transfer fee: 0%
  • No annual fee
  • Regular APR is 11.50% to 17.50% after intro offer expires
  • General membership via one-time $50 fee to join Purdue University Alumni Association as a Friend of the University

First Tech FCU Platinum Mastercard (members only)

  • 12 month introductory 0% APR
  • Balance transfer fee: 0%
  • No annual fee
  • Regular APR is 6.99% to 18.00% after intro offer expires
  • General membership via one-time fee to join Computer History Museum or the Financial Fitness Association

Wings Visa® Platinum Credit Card (credit union members only)

  • 12 month introductory 0% APR
  • Balance transfer fee: 0%
  • No annual fee
  • Regular APR is 8.15% to 18.00% after intro offer expires
  • General membership via one-time fee to join Wings Financial Foundation

Best No Interest Credit Card Introductory offers

wallet with credit cardsTired of paying interest on your credit card purchases?

If you open a new account you may not have to pay interest charges for a year or more with 0% APR (Annual Percentage Rate) credit card introductory offers.

You get peace of mind with a fixed interest rate of zero financing until 2022. Note that small minimum monthly payments are still due until the intro period ends. Once the special 0% rate expires regular rates will apply to the remaining balances.

Locking in a guaranteed 0% APR until 2022 allows knowing what your payments will be for 2021 without worrying about unexpected rate increases.

Some even have introductory bonus offers and/or pay cash back on purchases. In other words, you’re getting paid to use the card for a limited time. That may even apply to credit cards with annual fees when introductory bonuses are larger than the annual fee.


20 MONTH INTRO 0% APR

US Bank Visa Platinum Card

  • 20 month 0% intro APR financing on purchases
  • No rewards
  • No annual fee
  • Regular APR is 13.99% to 23.99% once intro period expires

Elan Financial Services issues numerous 20-month 0% APR credit cards on behalf of several firms. Its cards usually have the following terms:

  • 0% intro APR financing for 20 months on purchases
  • No rewards
  • No annual fee
  • Regular APR of 13.49% to 23.49% once intro period expires

A small sampling of places offering 20-month 0% APR cards, issued by Elan Financial, are:

BOK Financial Visa Platinum Card
Chesapeake Bank of Maryland Platinum Visa Card
Community Banks of Colorado Platinum Visa Card
Exchange Bank Platinum Visa Card
Fulton Bank Visa Platinum Card
People’s United Bank Mastercard Platinum Card
Suncrest Bank Platinum Visa Card
The Bank of Missouri Platinum Visa Card

18 MONTH INTRO 0% APR

Citi Diamond Preferred

  • 18 month zero-interest intro APR financing on purchases
  • No rewards
  • No annual fee
  • Regular APR is 14.74% to 24.74% once intro period expires

Citi Simplicity

  • No interest intro APR for 18 first months on purchases
  • No rewards
  • No annual fee
  • Regular APR is 14.74% to 24.74% once intro period expires

Wells Fargo Platinum Visa

  • No interest APR for first 18 months on purchases and balance transfers
  • No rewards
  • No annual fee
  • Regular APR is 16.49% to 24.49% once intro period expires

HSBC Gold Mastercard

  • No interest APR for first 18 months on purchases and balance transfers
  • No rewards
  • No annual fee
  • Regular APR is 13.99% to 23.99% after intro offer expires

15 MONTH INTRO 0% APR

American Express Cash Magnet

  • 15 month introductory no interest APR period on purchases
  • Intro Bonus: $200 after spending $1000 on purchases in first 3 months from account opening
  • Rewards: 1.5% cash back on eligible purchases
  • No annual fee
  • Regular APR is 13.99% to 23.99% after intro offer expires

Chase Freedom Flex

  • 15 month introductory no interest APR period on purchases
  • Intro Bonus: $200 after spending $500 during first 3 months of account opening
  • Rewards: 5% cash back (up to $1,500) on combined purchases in bonus categories; 5% cash back on travel purchased through Chase; 3% on dining including takeout and drugstores; 1% on all other purchases.
  • No annual fee
  • Regular APR is 14.99% to 23.74% after intro offer expires

Chase Freedom Unlimited

  • 15 month introductory no interest APR on purchases
  • Intro Bonus: $200 Bonus after spending $500 during first 3 months of account opening
  • Rewards: 5% cash back on groceries, 5% on travel purchased through Chase Ultimate Rewards, 3% on dining & drug stores, 1.5% elsewhere
  • No annual fee
  • Regular APR is 14.99% to 23.74% after intro offer expires

American Express Blue Cash Everyday

  • 15 month introductory no interest APR period on purchases
  • Intro Bonus: $150 after spending $500 on purchases in first 3 months from account opening
  • Rewards: 3% back on groceries, 2% back on gas, 1% back elsewhere
  • No annual fee
  • Regular APR is 13.99% to 23.99% after intro offer expires

Capital One Quicksilver Visa or Mastercard

  • 15 month introductory no interest APR on purchases
  • Intro Bonus: $150 after charging $500 on card within first 3 months
  • Rewards: 1.5% cash back
  • No annual fee
  • Regular APR is 15.49% to 25.49% after intro offer expires

Capital One SavorOne Visa or Mastercard

  • 15 month introductory no interest APR on purchases
  • Intro Bonus: $150 after charging $500 on card within first 3 months
  • Rewards: 3% cash back on dining and entertainment, 2% at grocery stores, 1% on other eligible purchases
  • No annual fee
  • Regular APR is 15.49% to 25.49% after intro offer expires

TD Cash Visa Card

  • 15 month introductory no interest APR on purchases
  • Intro Bonus: $150 after charging $500 on card within first 3 months
  • Rewards: 3% cash back on dining, 2% at grocery stores, 1% on other eligible purchases
  • No annual fee
  • Regular APR is 12.99% to 22.99% after intro offer expires

Wells Fargo Cash Wise Visa®

  • 15 month introductory 0% APR on purchases
  • Intro Bonus: $150 introductory bonus after charging $500 with first 3 months
  • Rewards: 1.5% cash back on eligible purchases
  • No annual fee
  • Regular APR is 14.49% to 24.99% after intro offer expires

Citi Rewards+ Mastercard

  • 15 month introductory no interest APR on purchases
  • Intro Bonus: 15,000 Rewards Points (not cash) after charging $1,000+ within 3 months of opening
  • Rewards: 2 Rewards points per dollar at supermarkets & gas stations for the first $6,000 per year and 1 point per $1 spent other eligible items.
  • No annual fee
  • Regular APR is 13.49% to 23.49% after intro offer expires

SunTrust Cash Rewards World Mastercard

  • 15 month introductory no interest APR on purchases
  • Intro Bonus: none
  • Rewards: 5% cash back on gas and groceries ($6,000 maximum) within first 12 months, 2% thereafter; 1% cash back after that
  • No annual fee
  • Regular APR is 11.24% to 21.24% after intro offer expires

KeyBank Latitude® Credit Card

  • 15 month introductory no interest APR on purchases
  • Intro Bonus: none
  • Rewards: none
  • No annual fee
  • Regular APR is 9.99% to 19.99% after intro offer expires

PNC Core Visa

  • 15 month introductory no interest APR on purchases
  • Intro Bonus: none
  • Rewards: none
  • No annual fee
  • Regular APR is 9.99% to 19.99% after intro offer expires

Fifth Third Bank Truly Simple Mastercard Credit Card

  • 15 month introductory no interest APR on purchases
  • Intro Bonus: none
  • Rewards: none
  • No annual fee
  • Regular APR is 11.99% to 22.99% after intro offer expires

Regions Life Visa Credit Card

  • 15 month introductory no interest APR on purchases
  • Intro Bonus: none
  • Rewards: none
  • No annual fee
  • Regular APR is 11.99% to 21.99% after intro offer expires

L.L.Bean Credit Card

Receive a one-time discount of 20% off your llbean.com purchase when you pay with your new L.L.Bean Credit Card

L.L.Bean gear on mountain L.L.Bean Credit Card members receive generous rewards when shopping online at llbean.com.

  • 4% Bean Bucks on L.L.Bean purchases
  • 2% Bean Bucks at gas stations
  • 2% Bean Bucks at restaurants
  • 1% Bean Bucks on L.L.Bean purchases

1 Bean Buck = $1 in savings on future L.L.Bean purchases

Card holders also get

  • Free shipping
  • Free return shipping
  • Free monograms to personalize items — a savings of $6 per line.
  • Express checkout online after registration
  • No Annual Fee