Best Balance Transfer Cards

4 minutes

Balance Transfers are a convenient way to move all of your debt onto one single manageable place, and some issuers offer 0% APR for a introductory time. In today’s post, Financer is sharing with you what has caught our eye as some of the best standout cards currently in the marketplace.

Who this article is perfect for: People that want the best balance transfer credit cards with the longest APR free time period and no annual fees.

Discover It

Discover it® Balance Transfer

The annual fee on this card is $0. Discover has really been aggressively marketing their new card as of recently; chances are if you’re in the United States, you might’ve received an advertisement by them in the mail already asking if you’d like to sign up.

The really great thing that stands out a lot about the Discover card is the credit lines they’ve been giving out. This can be dangerous for some people who may have a habit of aggressive spending, but that said the lines are generally pretty large for your income bracket.

Some people report receiving $8000 lines of credit with no prior Discover relationship almost immediately. While this isn’t a guarantee of a high line of credit, since there are quite a lot of factors that go up to determining your offer, it has a great standard 0% on balance transfers for 18 months and 0% for 6 months on purchases.


Recommended Credit Score: 680+
Annual Fee: $0
Intro APR: 0% on Balance Transfers for 18 Months

Our Thoughts: It has some seriously great side benefits with 5% cashback on select categories each quarter like gas stations, grocery stores, restaurants, Amazon, and unlimited 1% cashback. Plus a cashback match for all the cash back earnings you reach in the first year of use. Combine all these benefits with the great intro APR offers and we have to say this really takes the cake for among the best cards currently out there.

Chase Slate® Card

Image result for chase slate


The Chase Slate® card is another absolutely great contender for a number of reasons we will crack into. However, it is subject to Chase’s 5/24 rule.

Chase Slate® offers 0% APR for balance transfers and purchases for 15 months, and while there are a few cards on the market that offer longer no APR windows on new sign-ups, Chase Slate has a $0 fee on balance transfers if done within the first 60 days of the account being open.

Most cards will have something around 3% minimum for the fee on balance transfers. So if you were to transfer $12,000 onto a typical 12-month balance card, you would immediately incur a $360 fee because of the 3% fee.

Slate is strong because of its no fee for the first 60 days. Plus a slightly better than average no APR time, but again it is subject to Chase’s 5/24 rules (if you’ve opened more than 5 credit cards in the last 24 months you’re not eligible).

However, in-branch promotions, are talking to representatives on the phone has been a successful way to navigate beyond the 5/24 rule.


Recommended Credit Score: 670+
Annual Fee: $0
Intro APR: 0% on Balance Transfers and Purchases for 15 Months

Our Thoughts: Chase generally gives great lines of credit. They are negotiable in many ways, so if you don’t get the line you’re hoping to get, the right person on the right day behind the phone may understand your situation. There is $0 fee for balance transfers within the first 60 days which can be very helpful overall for those being aggressive with saving their money. Chase Slate® cards generally don’t have any benefits aside from being a transfer card so if you’re looking for longterm value aside from a transfer you may want to check elsewhere!


US Bank Visa® Platinum Card

US Bank Visa® Platinum Card

Another interesting contender worth mentioning is the US Bank Visa® Platinum Card.

This US Bank card is meant for the aggressive types as well that are really hoping to get their credit card debts under control. This card lacks any real benefits except for cell phone protection, but what it lacks in travel benefits or everyday benefits, it makes up for quite well in the regards to balance transfers.

There are exclusive offers online that you can find by checking your search engine like Google, for “20 months no APR US Bank Visa” available.

Generally speaking without this exclusive offer, the US Bank Visa at its base level will offer 0% APR on balance transfers made within the first 60 days of opening your account. It’s good to note that unlike the Chase Slate the standard 3% fee is incurred on this transfer


Recommended Credit Score: 690+
Annual Fee: $0
Intro APR: 0% on Balance Transfers and Purchases for 18 Months (20 Months if you can find the offer online)

Final Thoughts

There are plenty of other cards on the market worth looking into, but as of right now these are some serious contenders that may best suit you and your current financial goals!

Comments (0)


You must be logged in to post a comment.

Sign in with Facebook
Sign in with your Email
Create an account
 I accept the  Terms and Conditions  and the  Privacy Policy 
 Please check your email to complete your registration.

Please rate Best Balance Transfer Cards