You’re no stranger to debt if you constantly carry some balance on your credit card; a balance that relentlessly follows and haunts you month after month! Debt, especially credit card debt on a high interest card can be crippling. And one of the best ways of erasing it is by transferring it to another card with a lower or 0% APR. This process is called balance transfer and following are some of the best 0% balance transfer card offers you can currently use for this purpose:
Discover it card
This credit card from Discover comes with a long 18 month balance transfer offer available in many different flavors. The 18 months 0% APR introductory offer period is easily amongst the longer offer periods currently being offered in the industry. There is no annual fee and you can benefit from various attractive cashback rewards too.
By choosing Discover it cashback credit card, you can get 1% cash back on all your purchases, apart from 5% cash back on rotating categories (every 3 months). The cash back can be redeemed at any point of time in the form of Amazon.com payments, statement credit or deposit. Not just that, Discover automatically doubles all the cash back earned by you after you complete your first year with the card.
It’s easily one of the best balance transfer cards you can use if you are trying to erase your credit card debt, and improve your credit score in the process. You get free access to your FICO score and get constant updates related to it in your monthly statements. Alternatively, you can even log in to your online account and check the FICO score update as and when you like. There is no annual fee on the card and you’re not asked to cough up any late fee for the first late payment. $0 fraud liability guarantee and zero foreign transaction fee makes this card one of the most preferred ones for many people.
You can make the most of the 18 months 0% APR offer if you’ve been wanting to make a big purchase or transfer a hefty balance. Once you’re done using those benefits, you can earn handsome cashback rewards.
Chase Slate Card
The Chase Slate cards rids you of all your balance transfer fee worries as it charges you none, provided you opt for a balance transfer within the first 60 days of purchasing the card. Not just that, you get a 0% introductory APR on all your purchases and balance transfers during the first 15 months. To top it off, there’s no annual fee on this card.
Using the Chase Slate card, you get better control over the purchases and balances you want to pay down, and their order, via the Chase Blueprint program. You’re also allowed control over your spending habits, and hence your monthly budget. Authorized users can also be added to the card, enabling you to consolidate all your household expenditure into one single program.
Chase Slate card is ideal for people looking for cheap balance transfers, wherein the introductory 0% APR offer lasts for a considerably longer period. Majority of other similar cards feature a balance transfer fee, and hence this one can possibly save you some much-needed cash.
Chase Freedom Unlimited
A relatively new card offering from the Chase umbrella, the Chase Freedom Unlimited card combines an introductory 0% APR offer with handsome cashback rewards – and that too with a $150 new cardholder bonus and zero annual fee.
The 0% APR offer is valid for the first 15 months with the card, and can be availed for both balance transfers and purchases. Cardmembers can also take advantage of the unlimited 1.5% cash back offer on every purchase made with the card.
Talking about the $150 bonus, you can get it when you spend $500 using your card during the first 3 months after its purchase. Apart from that you can even earn a $25 bonus by adding an authorized user to the card and making your first purchase within the first 3 months with the card.
That’s not all, you can travel and shop with peace as you’re provided top security/protection features like price protection, chip-enabled security, auto rental collision damage waiver, purchase protection and zero liability protection on this card.
Citi Simplicity card
Featuring an introductory 0% APR on balance transfers and purchases, lasting for an extra-long 21-months’ time period, the Citi Simplicity card easily scores above its competitors in this department. If that isn’t enough, the card provider gives you the flexibility of not having to pay any late fee or any penalty rate ever. Like its counterparts, the Citi Simplicity also doesn’t have any annual fee. However, it charges a balance transfer fee of 3% or $ 5 (whichever is higher) on the transferred amount.
The card gives you access to the Citi Price Rewind and Citi Easy Deals programs of the Citibank that get you the lowest possible price on certain purchases. There’s a $0 liability guarantee too.
If you’ve been planning a pretty hefty purchase for some time or have been wanting to pay off a huge credit card debt, there’s hardly a better deal than the 21-month 0% APR of this card.
Citi Double Cash card
Coming with the regular introductory 0% APR offer on balance transfers and purchases (lasting for 18 months), how the Citi Double Cash card scores over its competitors is that it provides you with cash back twice – once (@ 1%) when you make your purchases and 1% again when you pay for them.
However, just like the Citi Simplicity card, it comes with a 3% or $ 5 (whichever is higher) balance transfer fee. Furthermore, the cashback cannot be earned on the balance transfers and the transfers must be made inside the first 4 months of account opening. There’s no annual fee applicable on this card either.