Updated 5/25/17

Transferring high-cost credit card debt to a balance-transfer credit card with a 0% introductory APR can help chip away at debt with the power of a jackhammer. In fact, paying down a $5,000 balance over 21 months will cost a whopping $825 in interest charges at an 18% APR. You may be able to pocket the savings instead with our picks for the best balance-transfer credit cards. Here are some of our favorites.

  • $0 balance-transfer-fee credit cards - BankAmericard® (intro $0 offer), Chase Slate® (intro $0 offer) and  Barclaycard Ring™ Mastercard®
  • $0 annual-fee balance-transfer credit cards - Citi® Diamond Preferred® Card and Citi Simplicity® Card - No Late Fees Ever 

BankAmericard® Credit Card
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BankAmericard® Credit Card

Cardholders searching for a great balance-transfer credit card may need to look no further than the BankAmericard® credit card, which offers the lowest variable APR among the suite of BankAmericard-branded credit cards, plus a long, 15-billing-cycle, introductory APR offer for qualifying balance transfers and purchases. These are a few reasons why we picked it as one of the best credit cards of 2017. What’s more, the card carries no annual fee and includes a $0 intro balance transfer fee offer (3, $10 minimum after the promo period expires. Note, good/excellent credit is required for approval. Read our full review of BankAmericard®.

Chase Slate®
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Chase Slate®

Chase Slate® is the best credit card around for slashing balance-transfer fees. Notably, Chase Slate® offers a 0% introductory APR on both new purchases and balance transfers for 15 billing cycles, plus it doesn’t charge an annual fee or a balance-transfer fee on transfers made within the first 60 days. That combination of fee-busting features is rare, which is why we think Chase Slate® is a no-brainer to include on our short list. If struggling to figure out which card on our list is the right solution, it's worth reviewing your credit score. Chase Slate® requires good credit, which generally means a FICO® Score above the upper 600's. Read our full review of Chase Slate®.

Barclaycard Ring™ Mastercard®
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Barclaycard Ring™ Mastercard®

Barclaycard Ring™ Mastercard® stands out because of its focus on cutting fees without sacrificing the benefits of an introductory APR. In addition to offering a promotional 0% APR on both new purchases and qualifying balance transfers, cardholders can also look forward to no fees for balance transfers, foreign transactions, and the annual dues. Few balance-transfer cards we know of include that wallet-friendly trifecta. But be sure to keep your credit score in mind when applying. The card is meant for cardholders with excellent credit. Read our full review of Barclaycard Ring™ Mastercard®.

Citi® Diamond Preferred® Card

Citi® Diamond Preferred® Card

The Citi® Diamond Preferred® Card punches above its weight, including both a low APR and a 0% introductory APR on new purchases and balance transfers for 21 billing cycles, which is one of the longest offers we’ve come across. Citi® Diamond Preferred® Card also doesn’t charge an annual fee, making it a solid credit card for cardholders wanting to cut both interest charges and fees. Read our full review of Citi® Diamond Preferred® Card.

Citi Simplicity® Card - No Late Fees Ever

Citi Simplicity® Card - No Late Fees Ever

Cardholders seeking occasional payment forgiveness may find Citi Simplicity® Card - No Late Fees Ever to be a suitable balance-transfer credit card.Citi Simplicity® Card - No Late Fees Ever doesn’t charge late payment fees, and it doesn’t bump up a cardholder’s APR as a penalty for missed payments. But the card doesn’t skimp on features in favor of a longer leash for payment forgiveness. Citi Simplicity® Card - No Late Fees Ever dishes out a swoon-worthy 21-billing-cycle, 0% introductory APR on both new purchases and balance transfers. Read our full review of Citi Simplicity® Card - No Late Fees Ever.


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