Balance Transfer Credit Cards

What is a balance transfer credit card?

A balance transfer is a process of when you repay existing high-interest debt with a new lower interest rate credit card. This allows for your payments to be applied to principal balance each month rather than interest charges. This may help you eliminate your card debt faster.

Is it a good idea to do a balance transfer on a credit card?

If you are able to find a new credit card with a very low-interest rate, little or no balance transfer fee, a credit limit high enough to accommodate your previous balance and an introductory period long enough to pay off the balance before the rate increases, then a balance transfer is a good idea.

Is there a balance transfer fee on a credit card?

Most credit card issuers charge between 2% and 5% of the balance as the fee for the transfer, with a minimum fee of about $5. You will usually see this fee show up separately from the transferred amount on the statement of the card you transferred the balance to.

Are balance transfer credit cards worth it?

Balance transfers don't always save you money. Depending on how much you owe, your current interest rate, and the cost of transferring the balance (the balance transfer fee), it may not be worth it.

You can find good credit card products for a balance transfer on this page. You will generally find cards with low balance transfer fees and low balance APR on this page. You can find the full list of those balance transfer credit cards below.

We also recommend you to check our top lists for balance transfer credit cards. We are going to create multiple top lists for you with additional features. Such as best balance credit cards with low APR.

There will also be additional information about rewards points, cash backs, annual fees, the interest rate for purchases, and more… If you have any questions regarding balance transfer credit cards, you can feel free to ask us.

If you already have one of these cards and if you had any experience with it, you can leave a review for your product. We are going to moderate your reviews as soon as possible and publish them.

SunTrust Bank Cash Rewards Credit Card

SunTrust Bank Cash Rewards Credit Card

Review SunTrust Bank Cash Rewards Credit Card has lots of nice features for those who wants to have a cashback card. You are going to...
Valley State Bank Classic Visa Card

Valley State Bank Classic Visa Card

Review Valley State Bank Classic Visa Card is a low interest credit card with some good APR options. The APR of the card is 13.67%...
Valley State Bank Platinum Visa Card

Valley State Bank Platinum Visa Card

Review Valley State Bank Platinum Visa Card is a simple credit which doesn't have many additional features. The card is only providing low APR for...
Citizens Trust Bank Visa Prestige Elite Credit Card

Citizens Trust Bank Visa Prestige Elite Credit Card

Review Visa Prestige Elite Credit Card has the lowest interest rate credit card in Citizens Trust Bank. The card is providing 9.25% APR for cash...
Citizens Trust Bank Visa Classic ATL Credit Card

Citizens Trust Bank Visa Classic ATL Credit Card

Review Citizens Trust Bank Visa Classic ATL Credit Card is providing many good features for consumers. Low interest rates is one of the main features...
Vantage Bank of Alabama Visa Platinum Card

Vantage Bank of Alabama Visa Platinum Card

Review Vantage Bank of Alabama Visa Platinum Card is a simple card with good balance transfer options. If you are looking for a 0% APR...
Liberty Bank Visa Credit Card

Liberty Bank Visa Credit Card

Review Liberty Bank Visa Credit Card has very good rates if you are looking for a card with low interest rates. Especially if you are...
First National Bank Brundidge Platinum Visa Card

First National Bank Brundidge Platinum Visa Card

Review First National Bank Brundidge Platinum Visa Card is a simple card without rewards. The card has very low APR rates as same as cash...
First National Bank Brundidge Cash Back Platinum Visa Card

First National Bank Brundidge Cash Back Platinum Visa Card

Reviews First National Bank Brundidge Cash Back Platinum Visa Card is providing many advantages for consumers except rewards. Actually this card can be very good...
First National Bank of Hartford Visa Platinum Card

First National Bank of Hartford Visa Platinum Card

Review First National Bank of Hartford Visa Platinum Card is a long-term no APR credit card with no rewards. You are not going to pay...