Capital One may be best known for its unique commercials, but there is a lot more you need to learn. For example, this credit card company has a long standing reputation for having some of the best balance transfer offers in the business.
Founded in 1994, Capital One has been providing a high level of service for more than 20 years. With revenue of more than $25 billion and 45,000+ employees, it’s easy to see that the company is doing something right.
When it comes to balance transfers, Capital One has a variety of offers to consider.
As you begin to learn more, answer questions such as:
Which Capital One balance transfer credit card is best?
How long does it take for the transfer to be initiated?
What are the terms and conditions of the offer?
Once you answer these questions, you can decide if Capital One is the right company. You can also make an informed decision as to which offer will best improve your financial situation.
Getting Started
If you are interested in a Capital One balance transfer, you can start the process in one of two ways:
Transfer your balance via the internet.
Contact the Capital One customer service team for assistance.
Either way, make sure you are equipped with details such as:
Your current balance.
Your account number.
The amount that you want to transfer (if not the whole thing).
For those who need help, it’s best to contact a Capital One customer service agent who can walk you through the process.
Understand the Terms and Conditions
Since no two balance transfer offers are the same, you need to fully understand the terms and conditions before moving forward. Focus on details such as:
The length of the introductory rate.
The fees associated with the offer.
Penalties, including reasons your rate could be canceled.
Choose Capital One
Capital One is not the only credit card company with multiple balance transfer offers, but it has a reputation for being one of the best. By comparing the 10+ available offers, you can soon decide which one will suit you best.
Credit Cards Similar to Capital One Balance Transfers
Earn a $150 statement credit after you spend $1,000 or more in purchases with your new Card within the first 3 months of Card Membership.
Unlimited 1.5% Cash Back on your purchases.
Cash Back is received in the form of Reward Dollars that can be easily redeemed for statement credits, gift cards, and merchandise.
Low intro APR: 0% for 15 months on purchases and balance transfers, then a variable rate, currently 14.49% to 25.49%.
0% introductory plan fee for plans set up during your first 15 months of Card Membership with Plan It®, a feature that lets you split up big purchases into monthly payments with a fixed fee.
Over 3 million more places in the U.S. started accepting American Express® Cards in 2017 and 2018.
0% introductory APR for the first 12 months. Applies to transfers made within the first 90 days from account opening. After that, your APR will be from 14.74% - 27.74%, based on your creditworthiness*
Earn 2 LifeMiles per $1 spent on Avianca purchases
Earn 1 LifeMile per $1 spent on all other purchases
15% discount on purchases of miles with Multiply Your Miles
No cap on the number of LifeMiles you can earn
0% Introductory offer for 12 months on Balance Transfers
You must be an Avianca LifeMiles member to apply
If you are not already a LifeMiles member, create your account here: www.lifemiles.com
Chip-enabled card provides added security
Auto Rental Collision Damage Waiver
Travel Accident Insurance
Protection against unauthorized charges
Emergency Card Replacement
Online Account Management
Electronic Statements
Auto-pay option
Avianca Vuela Visa® Card
0% introductory APR for the first 12 months. Applies to transfers made within the first 90 days from account opening. After that, your APR will be from 14.74% - 27.74%, based on your creditworthiness.*
Earn 3 LifeMiles per $1 spent on Avianca purchases
Earn 2 LifeMiles per $1 spent at gas stations and grocery stores
Earn 1 LifeMile per $1 spent on all other purchases
No foreign transaction fees
15% discount on purchases of miles with Multiply Your Miles
Free additional piece of baggage for travel between the United States and Central America
A 50% discount on an award ticket redeemed for travel to Central America or Colombia from the United States after $12,000 spent each year
An additional 50% discount on an award ticket redeemed for travel to Central America or Colombia from the United States after $24,000 spent each year
0% Introductory offer for 12 months on Balance Transfers
You must be an Avianca LifeMiles member to apply
If you are not already a LifeMiles member, create your account here: www.lifemiles.com
Chip-enabled card provides added security
Auto Rental Collision Damage Waiver
Travel Accident Insurance
Protection against unauthorized charges
Emergency Card Replacement
Online Account Management
Electronic Statements
Auto-pay option
Luxury Card™ Mastercard® Titanium Card™
0% introductory APR for the first fifteen billing cycles following each balance transfer that posts to your account within 45 days of account opening.*
Patented brushed stainless steel front and carbon back—weighing 22 grams.
2% value for airfare redemptions with no blackout dates or seat restrictions.
1% value for cash back redemptions.
24/7 Luxury Card Concierge®—Available by phone, email, and live mobile chat.
Exclusive Luxury Card Travel® benefits (e.g., amenities, room upgrades and complimentary food and beverages).
Members-only LUXURY MAGAZINE®.
Cell Phone Protection, Lyft credits, Postmates discounts, Fandango perks and more.
Annual fee: $195 ($95 for each Authorized User).
Earn one point for every one dollar spent.
Terms and conditions apply.
Luxury Card™ Mastercard® Black Card™
0% introductory APR for the first fifteen billing cycles following each balance transfer that posts to your account within 45 days of account opening.*
2% value for airfare redemptions with no blackout dates or seat restrictions.
1.5% value for cash back redemptions.
24/7 Luxury Card Concierge®—available by phone, email and live mobile chat.
Exclusive Luxury Card Travel® benefits (e.g., amenities, room upgrades and complimentary food and beverages).
Up to $100 annual airline credit and $100 Global Entry and TSA Pre-Check application fee credit.
Cell Phone Protection, Lyft credits, Postmates discounts, Fandango perks and more.
Annual fee: $495 ($195 for each Authorized User).
Earn one point for every one dollar spent.
Terms and conditions apply.
Luxury Card™ Mastercard® Gold Card™
0% introductory APR for the first fifteen billing cycles following each balance transfer that posts to your account within 45 days of account opening.*
Patented 24K-gold-plated stainless steel front and carbon back—weighing 22 grams.
2% value for airfare redemptions with no blackout dates or seat restrictions.
2% value for cash back redemptions.
24/7 Luxury Card Concierge®-available by phone, email, and live mobile chat.
Exclusive Luxury Card Travel® benefits (e.g., amenities, room upgrades and complimentary food and beverages).
Up to $200 annual airline credit and $100 Global Entry application fee credit.
Cell Phone Protection, Lyft credits, Postmates discounts, Fandango perks and more.
Annual fee: $995 ($295 for each Authorized User).
Earn one point for every one dollar spent.
Terms and conditions apply.
Conclusion
You don’t have to choose Capital One for your balance transfer, but there is a good chance you will like what you find.
Just the same as any credit card company, you don’t want to move forward with Capital One until you are comfortable doing so. Fortunately, this won’t take long!
Having trouble finding a balance transfer card? We would love to show you more balance transfers, however banks control which cards are allowed on certain pages. We recommend that you view balance transfer credit cards at CreditWeb for more options.
