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January 2020. Credit cards with
no balance transfer fee
If you carry a balance on more than one card, wouldn't it be nice to consolidate your debt on one card and only remember one due date per month? You'll save on fees and interest, and only having to make one payment instead of several will make life easier. When you're looking to transfer a balance, a card with no balance transfer fee can save you the most money.
Not so many banks offer balance transfers with no fee these days, but there are always a few of these offers out there. Credit-Land.com shows you which cards have no balance transfer fees and can save you the most.
NB! You cannot transfer a balance between credit cards from the same bank.
- Cards of January 2020
- Rewards
- No Annual Fee
- Low Interest
our choice
- Excellent Credit Required - Applicants that do not have excellent credit will not be approved.
- Low 9.75% variable standard purchase APR and platinum benefits.
- No Annual Fee.
- No balance transfer fee for balances transferred in response to this online offer.
our choice
our choice
- Excellent Credit Required - Applicants that do not have excellent credit will not be approved.
- Low 11.75% variable standard purchase APR and platinum benefits.
- No Annual Fee.
- No balance transfer fee for balances transferred in response to this online offer.
- Travel Rewards - cardholders who enroll in the program receive 1.25 points per net dollar spent.
- Choose any U.S. based airline or ticket class. No blackout dates or seating restrictions.
- Other travel related options are hotels, cruises, vacation packages, car rental, and restaurants.
our choice
our choice
- Excellent Credit Required - Applicants that do not have excellent credit will not be approved.
- Low 11.75% variable standard purchase APR and platinum benefits.
- No Annual Fee.
- No balance transfer fee for balances transferred in response to this online offer.
- Travel Rewards - cardholders who enroll in the program receive 1.25 points per net dollar spent.
- Choose any U.S. based airline or ticket class. No blackout dates or seating restrictions.
- Other travel related options are hotels, cruises, vacation packages, car rental, and restaurants.
our choice
our choice
- Excellent Credit Required - Applicants that do not have excellent credit will not be approved.
- Low 11.75% variable standard purchase APR and platinum benefits.
- No Annual Fee.
- No balance transfer fee for balances transferred in response to this online offer.
- Travel Rewards - cardholders who enroll in the program receive 1.25 points per net dollar spent.
- Choose any U.S. based airline or ticket class. No blackout dates or seating restrictions.
- Other travel related options are hotels, cruises, vacation packages, car rental, and restaurants.
our choice
our choice
- Excellent Credit Required - Applicants that do not have excellent credit will not be approved.
- Low 9.75% variable standard purchase APR and platinum benefits.
- No Annual Fee.
- No balance transfer fee for balances transferred in response to this online offer.
our choice
our choice
- Excellent Credit Required - Applicants that do not have excellent credit will not be approved.
- Low 9.75% variable standard purchase APR and platinum benefits.
- No Annual Fee.
- No balance transfer fee for balances transferred in response to this online offer.
our choice
our choice
- Excellent Credit Required - Applicants that do not have excellent credit will not be approved.
- Low 11.75% variable standard purchase APR and platinum benefits.
- No Annual Fee.
- No balance transfer fee for balances transferred in response to this online offer.
- Travel Rewards - cardholders who enroll in the program receive 1.25 points per net dollar spent.
- Choose any U.S. based airline or ticket class. No blackout dates or seating restrictions.
- Other travel related options are hotels, cruises, vacation packages, car rental, and restaurants.
our choice
get the most OF NO BALANCE
TRANSFER FEE CARDS
Transferring balances can be a great way to save money. When you consolidate several balances from high-interest cards onto one low-interest card, you can save hundreds of dollars and pay off your balance much faster. However, banks often charge a balance-transfer fee for this convenience, so if you're transferring a large balance, or several small ones, it might be a good idea to look for a no balance transfer fee card.
What exactly is a balance transfer fee? It's a percentage of your balance that is charged back to you by the bank when you move your debt to their card. Most balance transfer fees are between 3% and 5%, so transferring a balance of $1,000 will cost you between $30 and $50.
Sometimes cards that offer no balance transfer fee carry a higher interest rate than cards that charge a fee. Whether it makes more sense for you to pay a fee up front or pay higher interest later depends on the size of your balance and how long you think it will take you to pay it off. Do the math and see which works out well.
questionsABOUT BALANCE TRANSFER
CREDIT CARDS
How do I transfer a credit card balance to a new card? Do I need to pay off the balance on the current credit card before I can transfer?
Once you are approved for a balance transfer credit card, you will need to contact the new credit card company over the phone or online to request the balance transfer. They will ask you to provide your old cards...
Read more1. Is there a limit on balance transfers? I would like to consolidate about 5 credit card debts into 1. 2. What information is needed to do the balance transfers?
When you request a balance transfer, you should remember that you won’t be able to transfer more than available credit limit on your new balance transfer credit card. Thus, if available credit limit on your new...
Read moreAre Barclays bank BT cards the best options for me? I had to deal with this bank and was satisfied.
If the card you want to transfer balance from is issued by Barclaycard, you won’t be able to transfer balance to another U.S. Bank balance transfer credit card. You will have no choice but to consider credit cards...
Read more
commentsABOUT 0% BALANCE TRANSFER FEE
CREDIT CARDS
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