You can choose any credit card that offers balance transfers, which most cards do. If you plan to carry a balance, you should search for a card with a 0% introductory APR. Low introductory APRs often last for approximately one year, so if you pay off the balance within that timeframe you can avoid any interest charges. Cards often offer two choices for balance transfers, one with a lower interest rate and shorter introductory period and one with a slightly higher interest rate and longer introductory period. You should do the math based on your ability to pay and choose the option that will result in the lowest overall cost. Also, try to avoid cards that apply retroactive interest if the balance is not paid in full by the end of introductory period. Most balance transfers come with a transfer fee of around 3% of the amount transferred. While the interest savings likely outweigh this fee, it is another consideration.
BALANCE TRANSFER CREDIT CARDS:
Intro APR on Balance Transfer: 0% 12 months on Balance Transfers
Ongoing APR on Balance Transfer: 15.74% - 25.74% (Variable)
Balance Transfer Fee: 3% of each balance transfer; $5 minimum.
Intro APR on Balance Transfer: 0% (first 12 billing cycles following each balance transfer that posts to your account within 45 days of account opening)
Ongoing APR on Balance Transfer: 18.24%, 22.24% or 25.24% variable based on your creditworthiness
Balance Transfer Fee: Either $5 or 3% of the amount of each transfer, whichever is greater
Intro APR on Balance Transfer: 0% Intro APR for 12 months
Ongoing APR on Balance Transfer: Variable APR of 15.24%, 19.24% or 25.24%
Balance Transfer Fee: Either $10 or 4%, whichever is greater, will apply on each balance transfer and credit card check