4 Balance Transfer Cards Worth The Hype

Debt sucks!

Not only does it kill your bank account, it also takes the fun out of our day-to-day lives. Many of us have succumbed to it in the form of high-interest credit card debt and it's time to put a stop to the cycle!

Wouldn't it be so great to finally say goodbye to high-interest payments once and for all? If you have credit card debt, it's probably time to consider putting together a plan to pay down your balance as soon as possible. 

It's easy to get used to paying interest on top of your standard credit card payments, but it's money that could be better utilized so many other ways.

A 0% interest credit card could be the answer. It'll help you pay down debt by giving you an extended period of time to make interest-free payments.

Having extra time will help you get ahead on payments and really see progress towards paying down your debt.

We've kept our eyes on the very best credit cards to help you take the steps towards financial freedom. Some even have the longest interest-free duration we've ever seen, while others come packed with extra benefits. Take a look:

1. Discover it® - 18 Month Balance Transfer Offer

Why it's so great -

  • 0% introductory APR on balance transfers and purchases for 18 months
  • After 18 months, APR finance rate will be between 10.99% - 22.99%, depending on your credit
  • 3% transfer fees
  • 5% cash back bonus in rotating categories on up to $1500 per quarter
  • Spending categories change quarterly
  • Discover Freeze It℠ on/off switch lets you prevent new purchases, cash advances, and balance transfers if your card goes missing
  • 1% cash back on all other purchases
  • Online shopping benefits with 5-20% cash back with over 200+ retailers
  • No penalty interest rates
  • No late fee on your first missed payment
  • No over-your-limit fee
  • No annual fee
  • Free FICO® Credit Score every month
  • Learn more and apply


2. Chase Slate®

Why it's so great - 
  • The ONLY top-rated card to offer absolutely zero fees for transferring balances during 15 month intro period
  • 15 months 0% intro APR on all balance transfers and purchases
  • Balance transfers must be done within the first 60 days to qualify
  • Ongoing APR Variable will be between 13.24% - 23.24%, depending creditworthiness
  • Use of the Chase Blueprint program to help pay off your balance sooner
  • No annual fee
  • No rewards for purchases or travel benefits
  • Free Monthly FICO Score
  • $0 transfer fee within the first 60 days
  • Learn more and apply


3. Blue Cash Preferred® from American Express

Why it's so great - 

  • 0% introductory APR on balance transfers for 12 months
  • After 12 months, your ongoing APR Variable will be between 13.24% - 23.24%, depending on creditworthiness
  • Balance transfer fee of $5 or 3%, whichever is greater
  • 6% cash back in supermarkets up to $6,000, then goes to 1%
  • 3% cash back on at gas stations & select department stores
  • 1% on other purchases
  • Earn 10% at Amazon.com in the first 6 months (up to $200) when you apply before January 11, 2017
  • Earn $150 Bonus when you spend $1,000 in the first 3 months of account opening
  • $95 annual fee
  • Learn more and apply


4. Citi® Diamond Preferred®

Why it's so great - 

  • 21 month 0% introductory APR on both new purchases and balance transfers
  • After 21 months, the ongoing Variable APR will be between 12.24% - 22.24% depending on creditworthiness
  • 3% transfer fees
  • 24/7 travel and emergency assistance
  • Choose your own payment due date
  • Benefits through Citi Price Rewind, Citi Private Pass, and Citi Concierge
  • Free monthly FICO score 
  • No annual fee
  • Learn more and apply

Disclaimer: This content and the opinions expressed here are the author’s alone and have not been provided, commissioned, or endorsed by the credit card issuer. All information was accurate at the time of this post but card terms and conditions may change at any time. 

Are you looking for a balance transfer card? Share your thoughts in the comments below!

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