If you have accumulated a huge debt on your credit card and the interest is piling up, then balance transfer cards offer a simple solution. They allow you to pay off your outstanding credit balances while having the benefit of nice, long interest-free time period. A zero balance transfer credit card means a balance transfer card with 0% introductory APR. A balance transfer fee is an amount you pay when you transfer the balance which is usually a small percentage of the amount that you are about to transfer or a flat rate. The economics of the game is quite simple.

Blue Cash Preferred Card from American Express

If you are looking for a card to transfer the balance and use it every day as well then consider this card. You will have the benefit of 6% cash back at U.S. supermarkets, 3% cash back at U.S. gas stations and select department stores but with certain terms and conditions. Ensure that you have budgeted to pay off transfer balances during the intro period itself otherwise, you will have to pay full interest rates.

BankAmericard Credit Card

Powered by Bank of America, this card is a steal for anyone who does not want to deal with upfront costs. Within the first 60 days of opening the account, you get a 0% intro transfer fee and only 3% fee for future transfers. Also, the cherry on the cake is the 0% intro APR for 15 billing cycles, 0% balance transfer credit cards and no penalty APR in the event of late payment. It is a great card to choose if you have large or multiple balances to transfer. Derive maximum benefits by paying off the balance within 15 billing cycles. Additionally, you can check your credit score with FICO reporting through online banking or mobile banking app. The costs do decrease when the transfers are large or multiple but the card does not offer any rewards. If you are looking for rewards even if they come with lower fees, then look for Discover it card.

Discover it – 18 Month Balance Transfer Offer

When you want to have your cake and eat it too! Then this best credit card for the balance transfer is exactly what you are looking for. This credit card for balance transfer offers both balance transfer and rewards, with 18 months of 0% APR on balance transfer and high rate rewards such as up to 5% cash back every quarter at different places such as clubs, gas stations or grocery stores up to quarterly maximum each time you activate.

Additionally, it also offers a year and half of 0% interest on balance transfers which is the best in the market! So, not only you get longer than what most other cards are offering you also benefit from its no annual fee. Considering the fact that they have an ongoing APR of 11.99%-23.99% variable, try to pay off as much as possible in intro period. Make sure to keep your account open to check your FICO Credit Score. This card is best for you if you think the rewards and 3% transfer fee is worthwhile. If you would rather want the fee waived and are not interested in earning rewards, then go for Chase Slate.

Chase Slate

Considering the fact that most of the credit cards tend to charge 3-5% transfer fees, you can buy peace of mind when you choose the Chase Slate balance transfer card. To become eligible for the $0 intro fee, make your transfers within 60 days of opening your account. Avail further benefits by paying off as much as possible balance during the intro APR period. It does not allow transfer of the balance from another existing Chase account and does not offer any rewards. This balance transfer card offers respite from high APR and fees so you can get free from the burden of debt as early as possible.

Citi Simplicity card-No Late Fees ever

On offer are 21 months of 0% APR on balance transfers which is nearly two years. This balance transfer card charges a transfer fee of 3% or $5 whichever is higher, this card holder will never have to pay late fees or penalty APR. Even if you miss a payment you will not be charged late fees which are as high as $35 in case of some cards and you do not run the risk of rising APR which continues to apply indefinitely. Though missing a payment is not recommended but it is a nice option to have just in case. A great credit card for balance transfers for those who have difficulty in managing their finances and need more than 15 months to pay off debt.