Balance Transfer Credit Cards


Balance Transfer Credit Cards For Consumers


Did you know that United States consumers owe more than $700 billion in credit card debt? If you are carrying credit card debt at the present time, here's a question to answer: how much are you paying in interest each month?

Unless you have a zero percent credit card, it goes without saying that you are being hit with an interest charge each and every month. Rather than deal with this in the future, it's time to consider a consumer balance transfer. With this, you can transfer your high interest credit card debt to a card with a zero percent rate. While this only lasts a predetermined period of time, typically 12 to 18 months, it can save you a lot of money and give you time to get back on your feet.
Top Balance Transfer Offers for Personal Use


U.S. Bank Visa® Platinum Card

  • 0% Intro APR* on purchases and balance transfers for 15 billing cycles. After that, a variable APR currently 10.24%-21.24%*
  • No annual fee*
  • Online bill pay for a fast and convenient way to pay bills online with your U.S. Bank Visa® Platinum
  • Zero fraud liability* for unauthorized transactions if your card is ever lost or stolen
  • Fraud Protection detects and notifies you of any unusual card activity to help keep your account safe
  • Chip technology for enhanced card security
  • Online banking and mobile apps* for your smartphone or tablet provide complete, 24/7 access to your account

Balance Transfer Offer: 0% for 15 billing cycles*

Credit Target Type Annual Fee BT Intro APR Purchase Intro APR Regular APR Rewards
Excellent Credit Consumer $0* 0.00% for 15 billing cycles* 0.00% for 15 billing cycles* 10.24% - 21.24%* (Variable) None
Barclaycard CashForward™ World MasterCard®

  • Get a $100 cash rewards bonus after you spend $500 in purchases in the first 90 days after account opening
  • Earn unlimited 1.5% cash rewards on every purchase
  • Every time you redeem, get a 5% cash rewards redemption bonus to use toward your next redemption
  • Redeem your cash rewards for a deposit into your bank account, a statement credit or gift cards. Redemptions start at $50
  • Cash rewards do not expire as long as your account is open, active and in good standing
  • 0% introductory APR for 15 months on Balance Transfers made within 45 days of account opening. After that a variable APR will apply, 14.99%, 19.99% or 24.99%, based on your creditworthiness.
  • Please note, there is a fee for balance transfers
  • No annual fee

Balance Transfer Offer: 0% for 15 months*

Credit Target Type Annual Fee BT Intro APR Purchase Intro APR Regular APR Rewards
Excellent Credit Consumer $0 0.00% for 15 months* None 14.99%, 19.99% or 24.99% Variable Cash Back
Barclaycard Arrival Plus™ World Elite MasterCard®

  • Earn 50,000 bonus miles after you spend $3,000 on purchases in the first 90 days — that's enough to redeem for a $500 travel statement credit
  • Earn 2X miles on all purchases
  • Redeem for travel or cash back statement credits, gift cards and merchandise. Redemption values vary
  • Get 5% miles back to use toward your next redemption, every time you redeem
  • Miles don't expire as long as your account is open, active and in good standing
  • No foreign transaction fees on anything you buy while in another country
  • 0% introductory APR for 12 months on Balance Transfers made within 45 days of account opening. After that, a variable APR will apply, 16.24%, 20.24% or 23.24%, based on your creditworthiness.
  • Please note, there is a fee for balance transfers.

Balance Transfer Offer: 0% for 12 months*

Credit Target Type Annual Fee BT Intro APR Purchase Intro APR Regular APR Rewards
Excellent Credit Consumer $89 - Waived first year 0.00% for 12 months* None 16.24%, 20.24% or 23.24% Variable Airlines
USAA Military Affiliate Card

  • USAA Eligibility Requirement: Today, USAA membership is only open to U.S. military service members, veterans who have received a discharge type of Honorable, and their eligible family members.
  • Special Offer: 0% Intro APR for 12 months on balance transfers that post within the first three months. After 12 months, the 11.15% to 26.15% variable regular APR will apply.
  • Show your military pride while supporting the affiliate group of your choice.
  • Get 2,500 bonus points after you make your first purchase.
  • Redeem your USAA Rewards points towards cash, gift cards, name brand merchandise and travel with no blackout date.
  • No annual fee and no minimum finance charge.

Balance Transfer Offer: 0% for 12 months*

Credit Target Type Annual Fee BT Intro APR Purchase Intro APR Regular APR Rewards
Above Average Credit Consumer $0 0.00% for 12 months* None 11.15%-26.15% (Variable) None
If carrying a balance with a high APR sounds wasteful, there are three simple steps to take:

1. Calculate how much credit card debt you have. Is it all on one card? Is it spread over several different credit cards? You need to know the total amount of debt before you can decide what to do next.

2. Compare balance transfer offers. No two balance transfer credit cards are the same, so compare several before making a final decision. Note: there are hundreds of balance transfer offers to consider, so be patient as you search for the right one.

3. Understand the terms and conditions. How long does the introductory rate last? What are the fees associated with the transfer? Is there any reason why the credit card company could cancel your rate? What is the rate once the introductory period expires? It is easy to answer all these questions by reviewing the terms and conditions.

Final tip: you can always contact a credit card company online or via phone to discuss your situation and to learn more about a particular offer.

Conclusion

As a consumer with credit card debt, you know that this can be a drag on your personal finances. Thanks to a balance transfer credit card, you can leave your high interest rate in the past.