Best Balance Transfer Credit Cards in USA
Balance Transfer Credit Cards in USA, If you’re struggling to pay off high-interest credit card debt, balance transfer credit cards can be a great tool to help you get back on track. These cards allow you to transfer your high-interest debt to a card with a lower or even 0% introductory APR, which can help you save money on interest and pay off your debt faster. Here are some of the best balance transfer credit cards currently available on the market.
Citi Simplicity Card
The Citi Simplicity Card is a great option for those looking to pay off their credit card debt. It offers a 0% introductory APR on balance transfers for the first 21 months, which is one of the longest introductory periods available. The card also has no annual fee and no late fees or penalty APR, making it a great choice for those who are looking to simplify their debt repayment process.
Chase Slate Credit Card
The Chase Slate Credit Card is another great option for those looking to transfer their high-interest debt. It offers a 0% introductory APR on balance transfers for the first 15 months, as well as no balance transfer fees if you transfer your balance within the first 60 days of opening the card. The card also has no annual fee, making it a great option for those who want to save money on interest and fees.
American Express Cash Magnet Card
The American Express Cash Magnet Card is a versatile card that also offers a 0% introductory APR on balance transfers for the first 15 months. While it does have a balance transfer fee of 3%, this can still be a great option for those looking to save money on interest. The card also offers unlimited 1.5% cash back on all purchases, making it a great choice for those who want to earn rewards while they pay off their debt.
Bank of America Travel Rewards Credit Card
The Bank of America Travel Rewards Credit Card is another great option for those looking to transfer their high-interest debt. It offers a 0% introductory APR on balance transfers for the first 15 billing cycles, as well as no balance transfer fees if you transfer your balance within the first 60 days of opening the card. The card also offers 1.5 points for every dollar spent, which can be redeemed for travel rewards.
Discover it Cash Back Credit Card
The Discover it Cash Back Credit Card is a great option for those looking to earn rewards while they pay off their debt. It offers a 0% introductory APR on balance transfers for the first 14 months, as well as 5% cash back on rotating categories such as gas stations, grocery stores, and restaurants, and 1% cash back on all other purchases. Discover will also match all of the cash back you’ve earned at the end of your first year, making this a great option for those looking to maximize their rewards.
In conclusion, choosing the best balance transfer credit card depends on your individual financial goals and needs. Be sure to compare introductory APR periods, fees, and rewards programs to find the card that best fits your needs. With the right balance transfer credit card, you can save money on interest and pay off your debt faster.