The Best 0% Balance Transfer Credit Cards Offers 2017-2018 - Credit card backers have been utilizing 0% initial rates as an advertising motivation for a considerable length of time. These interest-free offers can apply to purchases, balance transfers, or both. Quite a while back my better half and I utilized 0% balance transfer offers to escape obligation. We continued transferring the balance to another card offering no interest until the point that our obligation was paid off.
For reasons unknown, we weren't the only one. As indicated by one examination distributed by the Finance Department of The Wharton School of the University of Pennsylvania, "in the mid-2000s, as much as 17% of credit card balances were transferred yearly by buyers looking for better terms."
However not all balance transfer offers are made an equivalent. A few cards offer the 0% starting rate for a more drawn out timeframe than others. What's more, in uncommon cases, you'll discover a card that doesn't charge a balance transfer fee. With that in mind, in this article, we'll take a gander at five of the best offers as of now accessible.
Note that the interest rates and different terms recorded underneath are as of April 25, 2015. These terms can and do change as often as possible, so make sure to check the terms on the credit card guarantor's site before applying. You can likewise discover a consistently refreshed rundown of balance transfer alternatives here.
1. Chase
The Chase Slate influences this rundown as the main alternative without a balance to transfer fee. The early on rate doesn't keep going as long as the cards offered by Citi, yet 0% for 15 months with no balance transfer fee is a strong offer. To get the no-fee bargain, be that as it may, the transfer must be finished within the initial 60 days of record opening. Following 60 days, Chase charges a 3% transfer fee ($5 least).
After the 0% starting period, the interest rate will go to a variable rate of in the vicinity of 12.99% and 22.99% in view of creditworthiness. Like the Citi cards, there is no yearly fee. Chase Slate additionally gives individuals their free month to month FICO score, and also zero risk security, extortion assurance, and misrepresentation alarms, and purchase insurance.
Read Also : Best Balance Transfer Credit Card 2017 With Interest 0%
2. Citi
Citi gets the best space since it offers 0% for 21 months. This is the longest 0% offer presently accessible. The balance transfer must be finished within four months and there is a transfer fee of 3% of the balance transferred (least $5). The 21-month bargain is offered on two Citi cards, the Citi Simplicity card, and the Citi Diamond Preferred card.
Citi Simplicity Card: This card offers 0% on both balance transfers and purchases. It charges no yearly fee, late fees or punishment rates. Once the 21-month time frame terminates, the interest rate will go to a variable rate of in the vicinity of 12.99% and 22.99%, contingent upon creditworthiness.
The Citi Simplicity card additionally offers $0 risk on unapproved charges, Citi Identity Theft Solutions, a service contract of up to 5 years and up to $10,000 every year on specific purchases, overall auto rental protection for robbery or harms up to $50,000, and travel and crisis help earlier or amid an excursion. Citi cards additionally work with Apple Pay - pay in-application or at more than 200,000 stores with the iPhone 6, or in-application with the iPad Air 2 and iPad smaller than usual 3.
The card also comes with Citi Price Rewind, an advantage in which Citi will search at a lower cost for up to 60 days after you make a purchase, at that point refund up to $300 per thing, or up to $1,200 every year.
Citi Diamond Preferred Card: Just like the Citi Simplicity Card, this card offers 0% on both balance transfers and purchases, and furthermore comes with no annual charge, late fees or punishment rate. Once the 21-month time span expires, the rate goes to a variable rate of in the vicinity of 11.99% and 21.99%, contingent upon creditworthiness - 1% superior to the last rate on the Citi Simplicity Card. Citi Diamond Preferred Card offers the greater part of the same services that are accessible on the Citi Simplicity Card.
3. Discover
Discover offers a card that combines 0% balance transfer terms with up to 5% cash back. Called the Discover it card, it comes with a 0% balance transfer for 14 months with a 3% transfer expense. There is no annual charge, no finished point of confinement expense, no late charge on your first late installment, and a promise that paying late won't raise your APR. After the 14 month introduction period, rates of in the vicinity of 10.99% and 22.99% will apply, based on creditworthiness.
Discover it offers 5% cash back - up to $1,500 - on spending categories that change on a quarterly basis. For instance, in the current quarter, the class is restaurants and movies. They also give 1% cash back on every single other purchase, with no top.
Discover also provides a Freeze It instrument that enables you to solidify or unfreeze your credit line on the off chance that you lose your card. The card comes with Discover's free FICO credit score, included in your month to month statements, on the web, and on your portable application. Also, Discover's $0 Fraud Liability Guarantee means you won't be responsible for unauthorized charges on your card.
Read Also : Best Balance Transfer And Spending
4. Capital One
Capital One has several 0% balance transfer card offers. The standout offer is the Platinum Prestige card. It offers 0% on both balance transfers and purchases for about 15 months. There is no annual expense, but there is a 3% charge on balances transferred. After the 0% introductory period, a variable rate of in the vicinity of 10.9% and 20.9% will apply, contingent upon your creditworthiness.
Much like the Discover-it card, the Platinum Prestige comes with access to your credit score, alluded to as Credit Tracker. The card also offers $0 Fraud Liability, a maintenance agreement program, auto rental insurance, travel accident insurance, and price protection features.
5. U.S. Bank
U.S. Bank has several credit cards on which they are putting forth 0% balance transfers. Most give the 0% rate for nine months, but they have two credit cards that offer it for 12 months each.
U.S. Bank Visa Platinum Card: The 0% introductory offer applies to the two purchases and balance transfers for the first 12 months. After the introduction time frame, a variable rate of in the vicinity of 9.99% and 20.99% will apply, contingent on your creditworthiness. The card comes with no annual expense and offers zero fraud obligation, fraud protection (notifications of unusual movement), and automobile rental insurance. However, there is a balance transfer charge, which is the higher of 3% or $5.
U.S. Bank Perks + Visa Signature Card: The basic offer is similar here, with a 0% introductory rate for the first 12 months on the two purchases and balance transfers, no annual expense, and an appropriate balance transfer charge, which is the higher of 3% or $5. After the introduction rate expires, the APR is slightly higher on this account, running from 11.99% to 21.99%.
Read Also : Best Balance Transfer Credit Card 2017 With Interest 0%
The U.S. Bank Perks + Visa Signature Card offers a considerable lot of the same features as the Visa Platinum Card, with the exception of automobile rental insurance. Instead, the card offers "Perks and Rewards", including 2X points on gas and basic need net purchases, and 1 point for every single other purchase. You can recover your points for mark name merchandise once you've accumulated 1,700 points. You can also reclaim them for gift vouchers once you achieve 2,500 points, cash back at 5,000 points, and one aircraft ticket with a value of up to $400 once you achieve 25,000 points.
Each of the offers from these five banks merits considering. But it might come down to the length of the 0% introductory offer, in a mix with the various perks and benefits that each card offers.
For reasons unknown, we weren't the only one. As indicated by one examination distributed by the Finance Department of The Wharton School of the University of Pennsylvania, "in the mid-2000s, as much as 17% of credit card balances were transferred yearly by buyers looking for better terms."
However not all balance transfer offers are made an equivalent. A few cards offer the 0% starting rate for a more drawn out timeframe than others. What's more, in uncommon cases, you'll discover a card that doesn't charge a balance transfer fee. With that in mind, in this article, we'll take a gander at five of the best offers as of now accessible.
Note that the interest rates and different terms recorded underneath are as of April 25, 2015. These terms can and do change as often as possible, so make sure to check the terms on the credit card guarantor's site before applying. You can likewise discover a consistently refreshed rundown of balance transfer alternatives here.
1. Chase
The Chase Slate influences this rundown as the main alternative without a balance to transfer fee. The early on rate doesn't keep going as long as the cards offered by Citi, yet 0% for 15 months with no balance transfer fee is a strong offer. To get the no-fee bargain, be that as it may, the transfer must be finished within the initial 60 days of record opening. Following 60 days, Chase charges a 3% transfer fee ($5 least).
After the 0% starting period, the interest rate will go to a variable rate of in the vicinity of 12.99% and 22.99% in view of creditworthiness. Like the Citi cards, there is no yearly fee. Chase Slate additionally gives individuals their free month to month FICO score, and also zero risk security, extortion assurance, and misrepresentation alarms, and purchase insurance.
Read Also : Best Balance Transfer Credit Card 2017 With Interest 0%
2. Citi
Citi gets the best space since it offers 0% for 21 months. This is the longest 0% offer presently accessible. The balance transfer must be finished within four months and there is a transfer fee of 3% of the balance transferred (least $5). The 21-month bargain is offered on two Citi cards, the Citi Simplicity card, and the Citi Diamond Preferred card.
Citi Simplicity Card: This card offers 0% on both balance transfers and purchases. It charges no yearly fee, late fees or punishment rates. Once the 21-month time frame terminates, the interest rate will go to a variable rate of in the vicinity of 12.99% and 22.99%, contingent upon creditworthiness.
The Citi Simplicity card additionally offers $0 risk on unapproved charges, Citi Identity Theft Solutions, a service contract of up to 5 years and up to $10,000 every year on specific purchases, overall auto rental protection for robbery or harms up to $50,000, and travel and crisis help earlier or amid an excursion. Citi cards additionally work with Apple Pay - pay in-application or at more than 200,000 stores with the iPhone 6, or in-application with the iPad Air 2 and iPad smaller than usual 3.
The card also comes with Citi Price Rewind, an advantage in which Citi will search at a lower cost for up to 60 days after you make a purchase, at that point refund up to $300 per thing, or up to $1,200 every year.
Citi Diamond Preferred Card: Just like the Citi Simplicity Card, this card offers 0% on both balance transfers and purchases, and furthermore comes with no annual charge, late fees or punishment rate. Once the 21-month time span expires, the rate goes to a variable rate of in the vicinity of 11.99% and 21.99%, contingent upon creditworthiness - 1% superior to the last rate on the Citi Simplicity Card. Citi Diamond Preferred Card offers the greater part of the same services that are accessible on the Citi Simplicity Card.
3. Discover
Discover offers a card that combines 0% balance transfer terms with up to 5% cash back. Called the Discover it card, it comes with a 0% balance transfer for 14 months with a 3% transfer expense. There is no annual charge, no finished point of confinement expense, no late charge on your first late installment, and a promise that paying late won't raise your APR. After the 14 month introduction period, rates of in the vicinity of 10.99% and 22.99% will apply, based on creditworthiness.
Discover it offers 5% cash back - up to $1,500 - on spending categories that change on a quarterly basis. For instance, in the current quarter, the class is restaurants and movies. They also give 1% cash back on every single other purchase, with no top.
Discover also provides a Freeze It instrument that enables you to solidify or unfreeze your credit line on the off chance that you lose your card. The card comes with Discover's free FICO credit score, included in your month to month statements, on the web, and on your portable application. Also, Discover's $0 Fraud Liability Guarantee means you won't be responsible for unauthorized charges on your card.
Read Also : Best Balance Transfer And Spending
4. Capital One
Capital One has several 0% balance transfer card offers. The standout offer is the Platinum Prestige card. It offers 0% on both balance transfers and purchases for about 15 months. There is no annual expense, but there is a 3% charge on balances transferred. After the 0% introductory period, a variable rate of in the vicinity of 10.9% and 20.9% will apply, contingent upon your creditworthiness.
Much like the Discover-it card, the Platinum Prestige comes with access to your credit score, alluded to as Credit Tracker. The card also offers $0 Fraud Liability, a maintenance agreement program, auto rental insurance, travel accident insurance, and price protection features.
5. U.S. Bank
U.S. Bank has several credit cards on which they are putting forth 0% balance transfers. Most give the 0% rate for nine months, but they have two credit cards that offer it for 12 months each.
U.S. Bank Visa Platinum Card: The 0% introductory offer applies to the two purchases and balance transfers for the first 12 months. After the introduction time frame, a variable rate of in the vicinity of 9.99% and 20.99% will apply, contingent on your creditworthiness. The card comes with no annual expense and offers zero fraud obligation, fraud protection (notifications of unusual movement), and automobile rental insurance. However, there is a balance transfer charge, which is the higher of 3% or $5.
U.S. Bank Perks + Visa Signature Card: The basic offer is similar here, with a 0% introductory rate for the first 12 months on the two purchases and balance transfers, no annual expense, and an appropriate balance transfer charge, which is the higher of 3% or $5. After the introduction rate expires, the APR is slightly higher on this account, running from 11.99% to 21.99%.
Read Also : Best Balance Transfer Credit Card 2017 With Interest 0%
The U.S. Bank Perks + Visa Signature Card offers a considerable lot of the same features as the Visa Platinum Card, with the exception of automobile rental insurance. Instead, the card offers "Perks and Rewards", including 2X points on gas and basic need net purchases, and 1 point for every single other purchase. You can recover your points for mark name merchandise once you've accumulated 1,700 points. You can also reclaim them for gift vouchers once you achieve 2,500 points, cash back at 5,000 points, and one aircraft ticket with a value of up to $400 once you achieve 25,000 points.
Each of the offers from these five banks merits considering. But it might come down to the length of the 0% introductory offer, in a mix with the various perks and benefits that each card offers.
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