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.

First National Bank of Hartford Visa Real Rewards Card

First National Bank of Hartford Visa Real Rewards Card

Review First National Bank of Hartford Visa Real Rewards Card is a good rewards card that you can earn 1.5 points per every $1 purchases....
Capital City Bank Visa Platinum Card

Capital City Bank Visa Platinum Card

Review Capital City Bank Visa Platinum Card has a long 0% no APR period. You are not going to pay APRs about 15 months except...
Capital City Bank Visa Signature Real Rewards Card

Capital City Bank Visa Signature Real Rewards Card

Review Capital City Bank Visa Signature Real Rewards Card is providing 1.5 rewards points for consumers for each $1 purchases. You can earn those rewards...
BankSouth Cash Back Platinum Visa Card

BankSouth Cash Back Platinum Visa Card

Review BankSouth Cash Back Platinum Visa Card is a credit card service that you don't need to pay APR for first 7 months. You can...
BankSouth Platinum Visa Card

BankSouth Platinum Visa Card

Review BankSouth Platinum Visa Card is a good opportunity for those who are looking for a credit card with 0% APR for 6 months, low...
Armed Forces Bank Visa Credit Card

Armed Forces Bank Visa Credit Card

Review Armed Forces Bank Visa Credit Card is providing one of the most suitable interest states in United States. If you are looking for a...
BankFirst MasterCard

BankFirst MasterCard

Review If you would like to get a MasterCard from FirstBank Financial Services, this is the card which will suit to you. Low APRs of...
BankFirst Visa Gold Card

BankFirst Visa Gold Card

Review Bank Visa Gold Card is a reliable credit product of BankFirst Financial Services. You will get low APRs with this card for cash advances,...
BankFirst Visa Classic Card

BankFirst Visa Classic Card

Review BankFirst Financial Services is providing 1% rewards points for your every purchases with all of their credit cards. You can also use this service...
Escambia County Bank Platinum Card

Escambia County Bank Platinum Card

Review Escambia County Bank Platinum Card is a simple card with low interest rates. There are not cash back, rewards, purchase bonus or sign-up bonus...