A balance transfer credit card helps you get rid of your credit card debt. If you want to move your existing balance to a balance transfer credit card, or a card that offers 0% intro APR on balance transfers, you've come to the right place. In the market right now, you can find a card that gives you up to 18 months to pay off your debt with zero interest. Getting the best balance transfer card can save you hundreds or thousands of dollars - main things to look out for include the duration of the 0% balance transfer APR period, the balance transfer fees, and the ongoing APRs after the 0% period. Here we list the best balance transfer cards available in the US right now.

GET.com's best balance transfer cards

Best ForCredit Card
One Low Regular APR RateBarclaycard Ring® Mastercard®
Balance TransferBankAmericard® credit card
Cash BackChase Freedom®
Bonus OfferWells Fargo Cash Wise Visa® Card

GET.com sorted through all the latest credit card offers direct from card issuers in the U.S. to bring you the best offers with 0% APR on balance transfers. All these cards have no annual fee.

Best For One Low Regular APR Rate

Credit CardFeaturesIntro APRRegular APRAnnual FeeWhy we like itWe least likeCredit RequiredRelated links
Barclaycard Ring<sup>®</sup> Mastercard<sup>®</sup>

Barclaycard Ring® Mastercard®

APPLY NOWAt Barclays' secure website
  • A low, variable APR on purchases, balance transfers and cash advances.
  • Enjoy a 0% intro APR for 15 months on balance transfers made within 45 days of account opening. After that, a variable 13.99% APR will apply
  • Low 13.99% variable APR on purchases and cash advances
  • No annual fee
  • No foreign transaction fees
  • International Chip and PIN
  • See Rates & Fees
APPLY NOWAt Barclays' secure website

0% intro APR for 15 months on balance transfers made within 45 days of account opening.

13.99% Variable

$0

Why we like it
  • A low, variable APR on purchases, balance transfers and cash advances.
Good/Excellent

Advantages of Barclaycard Ring® Mastercard®:

  • Barclaycard Ring® Mastercard® is a great choice of card if you are looking to make a balance transfer since it has a 0% intro APR for 15 months on balance transfers made within 45 days of account opening, followed by an ongoing 13.99% variable APR. Just keep in mind that on balance transfers made before the first 45 days of account opening there is a balance transfer fee of either $5 or 2% of the amount of each transfer, whichever is greater. Balance transfers made after the first 45 days of account opening will have no balance transfer fees.
  • The 13.99% variable APR on purchases, balance transfers and cash advances is a very low APR that's very hard to find in the market right now.
  • Benefit from no foreign transaction fees that will save you money while abroad, and no annual fee
  • Chip technology makes using this card a secure experience at chip-card terminals in the U.S. and abroad.
  • Access your FICO® Score for free online.

Downsides of Barclaycard Ring® Mastercard®:

  • Barclaycard Ring® Mastercard® doesn't offer a 0% intro APR period on purchases.

Bottom line:

This balance transfer card is hard to overlook, with benefits like 0% intro APR for 15 months on balance transfers made within 45 days of account opening, followed by a low 13.99% variable APR on purchases, balance transfers and cash advances plus no annual fee, Barclaycard Ring® Mastercard® has a lot to offer if you are looking to avoid paying extra on your balance transfers. Enjoy no foreign transaction fees, embedded chip card technology and keep track of your credit score with free online access to your FICO® Credit Score. Read our review of Barclaycard Ring® Mastercard®.

Best For Balance Transfers

Credit CardFeaturesIntro APRRegular APRAnnual FeeWhy we like itWe least likeCredit RequiredRelated links
BankAmericard<sup>®</sup> credit card

BankAmericard® credit card

APPLY NOWAt Bank of America's secure website
  • NEW OFFER: 0% Introductory APR for 18 billing cycles for purchases and for any balance transfers made in the first 60 days, then, 14.99% - 24.99% Variable APR. 3% fee (min $10) applies to balance transfers
  • No annual fee
  • No penalty APR. Paying late won't automatically raise your interest rate (APR). Other account pricing and terms apply.
  • Access your FICO® Score for free within Online Banking or your Mobile Banking app
APPLY NOWAt Bank of America's secure website

0% Introductory APR for 18 billing cycles for purchases and for any balance transfers made in the first 60 days

14.99% - 24.99% Variable APR

$0

Excellent/Good

Advantages of BankAmericard® credit card:

  • BankAmericard® credit card is an excellent card if you are looking to transfer a balance since it offers a 0% intro APR for 18 billing cycles for purchases and for any balance transfers made in the first 60 days (14.99% - 24.99% variable APR), you will have to make balance transfers within the first 60 days after opening your account to benefit from the 0% intro APR. A balance transfer fee of 3% of the amount of each transaction or $10, whichever is greater, applies to each balance transfer.
  • If you forget to pay your credit card on time you won't have to worry about paying a penalty APR. Of course, we still recommend making your payment on time when possible.
  • Access your FICO® Score for free within Online Banking or your Mobile Banking app.
  • There is no annual fee.

Downsides of BankAmericard® credit card:

  • BankAmericard® credit card doesn't have a rewards program or cash back program.

Bottom line:

This card is definitely one to consider if you are looking for a balance transfer card. Enjoy the 0% intro APR for 18 billing cycles for purchases and for any balance transfers made in the first 60 days (14.99% - 24.99% variable APR thereafter) without having to pay an annual fee. Benefits like zero liability fraud protection, chip technology and text and mobile banking, plus Bank of America's solid branch office and ATM network, make this a well-rounded basic credit card. Read our review of BankAmericard® credit card.

Credit CardFeaturesIntro APRRegular APRAnnual FeeWhy we like itWe least likeCredit RequiredRelated links
Citi Simplicity<sup>®</sup> Card - No Late Fees Ever

Citi Simplicity® Card - No Late Fees Ever

APPLY NOWAt Citi's secure website
  • The ONLY card with No Late Fees, No Penalty Rate, and No Annual Fee… EVER
  • 0% Intro APR on balance transfers for 21 months from date of first transfer. All transfers must be completed in first 4 months. After that, the variable APR will be 15.99% - 25.99%, based on your creditworthiness
  • 0% Intro APR on purchases for 12 months from date of account opening. After that, the variable APR will be 15.99% - 25.99%, based on your creditworthiness
  • If you transfer a balance with this offer, after your 0% Intro purchase APR expires, both new purchases and unpaid purchase balances will automatically accrue interest until all balances, including your transferred balance, are paid in full
  • There is a balance transfer fee of either $5 or 5% of the amount of each transfer, whichever is greater
  • The same great rate for all balances, after the introductory period
  • Save time when you call with fast, personal help, 24 hours a day – just say “representative”
  • Enjoy the convenience of setting up your own bill payment schedule on any available due date throughout the month
APPLY NOWAt Citi's secure website

0%* intro APR on purchases* for 12 months and balance transfers* for 21 months

15.99% - 25.99%* (Variable)

$0*

Why we like it
  • The ONLY card with No Late Fees, No Penalty Rate, and No Annual Fee… EVER.
  • 0% Intro APR on balance transfers for 21 months from date of first transfer. All transfers must be completed in first 4 months. After that, the variable APR will be 15.99% - 25.99%, based on your creditworthiness.
We least like
  • No rewards program.
Excellent, Good

Advantages of Citi Simplicity® Card - No Late Fees Ever:

  • Citi Simplicity® Card - No Late Fees Ever, is also an excellent card if you are looking to make a balance transfer or large purchase. It gives you a 0% intro APR on purchases for 12 months and balance transfers for 21 months and 15.99% - 25.99%* variable APR thereafter. Keep in mind that there is a fee of 5% of each balance transfer; $5 minimum.
  • The word 'Simplicity' says it all - there are no late fees or penalty APR to worry about. So if you are late in payments for whatever reason, there's no fear that you'll incur any late fees or an increased APR.
  • You may transfer any amount, but the total amount of your balance transfers and balance transfer fees must be less than your available credit limit.
  • A highlight of this card is that you can transfer any kind of debt to it, including non-credit card debt (like car loans or student loans). The only requisite is that the account number doesn't include any letters and that it contains at least five digits.
  • Get access to your FICO credit score, for free!

Downsides of Citi Simplicity® Card - No Late Fees Ever:

  • You cannot transfer balances from other accounts issued by Citibank.
  • You can't earn rewards on your spending with this card.

Bottom line: This card is great for transferring large balances to, especially when you need a very long interest-free intro period to pay them off. The 0% intro APR on purchases for 12 months and balance transfers for 21 months makes this card one of the best for transferring a large balance or making a large purchase. Here's our Citi Simplicity® Card - No Late Fees Ever review.

GET.com's Picks Of 0% Interest Credit Cards

Credit CardFeaturesIntro APRRegular APRAnnual FeeWhy we like itWe least likeCredit RequiredRelated links
Citi<sup>®</sup> Double Cash Card – 18 month BT offer

Citi® Double Cash Card – 18 month BT offer

APPLY NOWAt Citi's secure website
  • Earn 2% cash back on purchases: 1% when you buy plus 1% as you pay
  • Balance Transfers do not earn cash back
  • 0% Intro APR on Balance Transfers for 18 months. After that, the variable APR will be 15.49% - 25.49% based on your creditworthiness*
  • Click 'Apply Now' to see the applicable balance transfer fee and how making a balance transfer impacts interest on purchases
  • No categories to track, no caps on cash back, no annual fee*
APPLY NOWAt Citi's secure website

0% Intro APR on Balance Transfers for 18 months*

15.49% - 25.49%* (Variable)

$0*

Why we like it
  • Earn 2% cash back on purchases: 1% when you buy plus 1% as you pay.
  • Introductory APR offer.
Excellent, Good

Citi® Double Cash Card – 18 month BT offer is a cash back card by Citi that lets you earn 2% cash back on purchases! This is how it works: you earn 1% cash back when you buy, plus an additional 1% as you pay for those purchases. There are no caps on the amount you earn and no category restrictions. There is a 0% intro APR for 18 months on balance transfers and a 15.49% - 25.49% variable APR (based on your creditworthiness) thereafter. Click 'Apply Now' to see the applicable balance transfer fee and to learn about how making a balance transfer can affect interest on purchases. Here's our Citi® Double Cash Card – 18 month BT offer review. No annual fee.

Credit CardFeaturesIntro APRRegular APRAnnual FeeWhy we like itWe least likeCredit RequiredRelated links
Chase Freedom<sup>®</sup>

Chase Freedom®

APPLY NOWAt Chase's secure website
  • Earn a $150 Bonus after you spend $500 on purchases in your first 3 months from account opening
  • 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 16.99-25.74%. Balance transfer fee is 5% of the amount transferred, $5 minimum
  • Earn a $150 Bonus after you spend $500 on purchases in your first 3 months from account opening
  • Earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate
  • Enjoy new 5% categories each quarter
  • Unlimited 1% cash back on all other purchases - it's automatic
  • Cash Back rewards do not expire as long as your account is open and there is no minimum to redeem for cash back.
  • Free credit score, updated weekly with Credit Journey℠
  • No annual fee
APPLY NOWAt Chase's secure website

0% Intro APR for 15 months from account opening on purchases and balance transfers

16.99% - 25.74% Variable

$0

Why we like it
  • Earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate. Enjoy new 5% categories each quarter. Unlimited 1% cash back on all other purchases - it's automatic.
Excellent/Good

Chase Freedom® offers 0% intro APR for 15 months for purchases and balance transfers (after the intro period, there is a 16.99% - 25.74% variable APR on both purchases and balance transfers). When you make balance transfers you pay either $5 or 5% of the amount of each transfer, whichever is greater. New sign-ups earn $150 Bonus cash back after making $500 of purchases in the first three months. The generous rewards system allows you to earn up to 5% cash back in quarterly rotating categories (on up to $1,500 spent in combined purchases per quarter). You have to sign up to each quarterly program in order to activate it. Earn 1% unlimited cash back automatically on every other dollar spent on purchases. Here's our Chase Freedom® review. No annual fee.

Credit CardFeaturesIntro APRRegular APRAnnual FeeWhy we like itWe least likeCredit RequiredRelated links
Chase Freedom Unlimited<sup>®</sup>

Chase Freedom Unlimited®

APPLY NOWAt Chase's secure website
  • Earn a $150 Bonus after you spend $500 on purchases in your first 3 months from account opening
  • 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 16.99-25.74%. Balance transfer fee is 5% of the amount transferred, $5 minimum
  • Unlimited 1.5% cash back on every purchase - it's automatic
  • Earn a $150 Bonus after you spend $500 on purchases in your first 3 months from account opening
  • No minimum to redeem for cash back
  • Cash Back rewards do not expire as long as your account is open
  • Free credit score, updated weekly with Credit Journey℠
  • No annual fee
APPLY NOWAt Chase's secure website

0% Intro APR for 15 months from account opening on purchases and balance transfers

16.99% - 25.74% Variable

$0

Why we like it
  • Unlimited 1.5% cash back on every purchase - it's automatic.
  • Earn a $150 Bonus after you spend $500 on purchases in your first 3 months from account opening.
Excellent/Good

Chase Freedom Unlimited® is a flat-rate cash back card which offers 0% intro APR for 15 months from account opening on purchases and balance transfers, with a regular 16.99% - 25.74% variable APR for both purchases and balance transfers after that. The balance transfer fee is either $5 or 5% of the amount of each transfer, whichever is greater. You earn $150 Bonus cash back after making $500 of purchases within 3 months of account opening. When you use this card to pay for your purchases, you earn unlimited 1.5% cash back on every purchase. No need to activate cash back, it's automatic. This card has no annual fee. Find out more here in our review of Chase Freedom Unlimited®.

Credit CardFeaturesIntro APRRegular APRAnnual FeeWhy we like itWe least likeCredit RequiredRelated links
Discover it<sup>®</sup> Cash Back

Discover it® Cash Back

APPLY NOWAt Discover's secure website
  • Intro Offer: Discover will match all the cash back you've earned at the end of your first year, automatically. There's no signing up. And no limit to how much is matched.
  • Earn 5% cash back at different places each quarter like gas stations, grocery stores, restaurants, Amazon.com and more up to the quarterly maximum, each time you activate.
  • Plus, earn unlimited 1% cash back on all other purchases – automatically.
  • Redeem cash back any amount, any time. Rewards never expire.
  • Use your rewards at Amazon.com checkout.
  • Receive Free Social Security number alerts—Discover will monitor thousands of risky websites when you sign up.
  • No annual fee.
APPLY NOWAt Discover's secure website

0% on purchases and balance transfers for 14 months

13.99% - 24.99% Variable

$0

Excellent/Good

Discover it® Cash Back offers a 0% intro APR on purchases and balance transfers for the first 14 months and 13.99% - 24.99% variable APR applies thereafter. Balance transfer fee is 3%. You will also earn 5% cash back in quarterly rotating bonus categories, up to a quarterly maximum of $1,500. Earn unlimited 1% cash back on all your other purchases with this card. As an offer only for new cardmembers, Discover will match all the cash back you have earned at the end of your first year automatically. See our Discover it® Cash Back review.

Credit CardFeaturesIntro APRRegular APRAnnual FeeWhy we like itWe least likeCredit RequiredRelated links
Bank of America<sup>®</sup> Cash Rewards credit card - $200 Cash Rewards Offer

Bank of America® Cash Rewards credit card - $200 Cash Rewards Offer

APPLY NOWAt Bank of America's secure website
  • NEW OFFER: $200 online cash rewards bonus after you spend at least $500 on purchases in the first 90 days of account opening
  • No annual fee
  • NEW OFFER: $200 online cash rewards bonus after you spend at least $500 on purchases in the first 90 days of account opening
  • Earn 1% cash back on every purchase, 2% at grocery stores and wholesale clubs, and 3% on gas for the first $2,500 in combined grocery/wholesale club/gas purchases each quarter
  • No changing categories and no expiration on rewards
  • 0% Introductory APR for 12 billing cycles for purchases AND for any balance transfers made in the first 60 days, then, 15.24% - 25.24% Variable APR. 3% fee (min $10) applies to balance transfers
  • Get a 10% customer bonus every time you redeem your cash back into a Bank of America® checking or savings account
  • If you're a Preferred Rewards client, you can increase that bonus to 25% - 75%
  • Easily add your Mastercard® credit card to any digital wallet for a simple, secure, and convenient way to pay online, in-app, and in-store
APPLY NOWAt Bank of America's secure website

0% Introductory APR for 12 billing cycles for purchases AND for any balance transfers made in the first 60 days

15.24% - 25.24% Variable APR

$0

Why we like it
  • NEW OFFER: $200 online cash rewards bonus after you spend at least $500 on purchases in the first 90 days of account opening.
  • Earn 1% cash back on every purchase, 2% at grocery stores and wholesale clubs, and 3% on gas for the first $2,500 in combined grocery/wholesale club/gas purchases each quarter.
We least like
  • 3% foreign transaction fee.
Excellent/Good

Bank of America® Cash Rewards credit card - $200 Cash Rewards Offer might be a good choice if you want to transfer a balance and pay it off interest-free during several billing cycles. With this card, you'll enjoy a 0% intro APR for 12 billing cycles for purchases AND for any balance transfers made in the first 60 days. Thereafter there will be a 15.24% - 25.24% variable APR. This cash back card lets you earn 1% cash back on every purchase, 2% cash back at grocery stores and wholesale clubs and 3% cash back on gas for the first $2,500 spent on combined gas, wholesale clubs and grocery store purchases you make each quarter. You'll get a $200 online cash rewards bonus after spending at least $500 on purchases within the first 90 days of opening your account. No annual fee. Here's our Bank of America® Cash Rewards credit card - $200 Cash Rewards Offer review.

Credit CardFeaturesIntro APRRegular APRAnnual FeeWhy we like itWe least likeCredit RequiredRelated links
Wells Fargo Cash Wise Visa<sup>®</sup> Card

Wells Fargo Cash Wise Visa® Card

APPLY NOWAt Wells Fargo's secure website
  • Earn a $200 cash rewards bonus after spending $1,000 in the first 3 months
  • Earn unlimited 1.5% cash rewards on purchases
  • Enjoy 1.8% cash rewards on qualified mobile wallet purchases, like Apple Pay® or Google Pay™, during the first 12 months from account opening
  • No category restrictions or sign ups and cash rewards don't expire as long as your account remains open
  • Get up to $600 protection on your cell phone (subject to $25 deductible) against covered damage or theft when you pay your monthly cellular telephone bill with your Wells Fargo Cash Wise Visa® Card
  • 0% Intro APR for 12 months on purchases and balance transfers (fees apply), then a 15.99%-26.99% variable APR; balance transfers made within 120 days qualify for the intro rates and fees
  • $0 Annual Fee
  • Select "Apply Now" to learn more about the product features, terms, and conditions
APPLY NOWAt Wells Fargo's secure website

0% Intro APR for 12 months on purchases and balance transfers (fees apply), balance transfers made within 120 days qualify for the intro rates and fees

15.99%-26.99% (Variable)

$0

Excellent/Good

Wells Fargo Cash Wise Visa® Card. One of our favorite things about this card is the 0% intro APR for 12 months on purchases and balance transfers (fees apply; balance transfers made within 120 days qualify for the intro rates and fees) which makes this a great card for balance transfers. After that introductory period is over, you'll need to pay a 15.99%-26.99% variable APR for purchases and balance transfers (balance transfer fees apply). You can also earn 1.8% cash rewards on qualified mobile wallet purchases like Google PayTM or Apple Pay® in the first 12 months of being a card holder. As a welcome offer you can earn $200 cash rewards bonus after you spend $1,000 within the first 3 months your account is open. Earn unlimited 1.5% cash rewards on the purchases you make every day. This card has a $0 annual fee.

Credit CardFeaturesIntro APRRegular APRAnnual FeeWhy we like itWe least likeCredit RequiredRelated links
Wells Fargo Propel American Express<sup>®</sup> Card

Wells Fargo Propel American Express® Card

APPLY NOWAt Wells Fargo's secure website
  • New! Earn 30K bonus points when you spend $3,000 in purchases in the first 3 months – that's a $300 cash redemption value
  • Earn 3X points for eating out and ordering in
  • Earn 3X points for gas stations, rideshares and transit
  • Earn 3X points for travel including flights, hotels, homestays and car rentals
  • Earn 1X points on other purchases
  • $0 Annual Fee
  • 0% Intro APR for 12 months on purchases and balance transfers (fees apply), then a 14.49%-26.99% variable APR; balance transfers made within 120 days qualify for the intro rates and fees
  • Select "Apply Now" to learn more about the product features, terms, and conditions
APPLY NOWAt Wells Fargo's secure website

0% Intro APR for 12 months on purchases and balance transfers

14.49%-26.99% (Variable)

$0

Excellent/Good

Wells Fargo Propel American Express® Card is a great option if you're looking to transfer your balance to a card that lets you pay it off without interest over a long time period. With Wells Fargo Propel American Express® Card, you enjoy a 0% Intro APR for 12 months on purchases and balance transfers (balance transfers made within 120 days qualify for the intro rates and fees). After that there is a 14.49%-26.99% variable APR. Keep in mind that there is a 3% intro balance transfer fee for 12 months, 5% after that with a minimum of $5. On the up side this balance transfer card lets you earn 30,000 bonus points after you spend $3,000 in the first 3 months of being a cardholder. Earn 3X points at U.S. gas stations, restaurants and travel (including flights, hotels, homestays, rideshares, transit and car rentals), 1X point on any other purchases you make. You are able to redeem points for travel, gift cards, cash redemption options or merchandise through Go Far® Rewards and enjoy exclusive offers on airline tickets you book, hotels, car rentals, and cruises.

Credit CardFeaturesIntro APRRegular APRAnnual FeeWhy we like itWe least likeCredit RequiredRelated links
Wells Fargo Platinum Visa<sup>®</sup> Card

Wells Fargo Platinum Visa® Card

APPLY NOWAt Wells Fargo's secure website
  • 0% Intro APR for 18 months on purchases and balance transfers (fees apply), then a 17.49%-26.99% variable APR; balance transfers made within 120 days qualify for the intro rates and fees
  • Get up to $600 protection on your cell phone (subject to $25 deductible) against covered damage or theft when you pay your monthly cellular telephone bill with your Wells Fargo Platinum Visa® Credit Card
  • Free access to your FICO® Credit Score with Wells Fargo Online®
  • Zero Liability protection for promptly reported unauthorized transactions
  • Convenient tools to help create a budget and manage your spending with My Money Map
  • $0 Annual Fee
  • Select "Apply Now" to learn more about the product features, terms, and conditions
APPLY NOWAt Wells Fargo's secure website

0% Intro APR for 18 months on purchases and balance transfers (fees apply), balance transfers made within 120 days qualify for the intro rates and fees

17.49%-26.99% (Variable)

$0

Excellent/Good

Wells Fargo Platinum Visa® Card has a long 0% introductory APR for 18 months on purchases and balance transfers (fees apply; balance transfers made within 120 days qualify for the intro rates and fees) followed by a 17.49% - 26.99% variable APR. This feature makes this a great card to use if you're planning on making a large purchase or balance transfer. This card also has other useful features: earn up to $600 protection on your cell phone (subject to $25 deductible) against covered damage or theft when you pay your monthly cellphone bill with this card, free access to your FICO® Credit Score and Zero Liability protection. This card has a $0 annual fee.

Credit CardFeaturesIntro APRRegular APRAnnual FeeWhy we like itWe least likeCredit RequiredRelated links
HSBC Cash Rewards Mastercard<sup>®</sup> credit card

HSBC Cash Rewards Mastercard® credit card

APPLY NOWAt HSBC's secure website
  • Earn a $150 cash rewards intro bonus after spending $2,500 in the first 3 months.
  • Earn unlimited 1.5% cash rewards on all purchases.
  • Earn a $150 cash rewards intro bonus after spending $2,500 in the first 3 months.
  • 10% Anniversary Bonus on all Cash Rewards earned once a year.
  • No Annual Fee.
  • 0% Intro APR for 15 months on balance transfers, then a 14.99%, 18.99% or 24.99% variable APR.
  • No Foreign Transaction Fees.
  • $0 liability for unauthorized purchases.
  • Terms Apply.
  • See Rates & Fees
APPLY NOWAt HSBC's secure website

0% Introductory APR on balance transfers for the first 15 months from account opening

Variable APR of 14.99%, 18.99% or 24.99% will be applied

$0

Good/Excellent

HSBC Cash Rewards Mastercard® credit card. In our opinion one of the top features of this card is the lengthy 0% introductory APR for 15 months on balance transfers which really makes this card one of our top picks for balance transfers. After the intro period is over there is a 14.99%, 18.99% or 24.99% variable APR. You will earn unlimited 1.5% cash rewards on all the purchases you make. As a welcome bonus you can earn $150 cash rewards after spending $2,500 in the first 3 months of opening your account. This card has no foreign transaction fees, a $0 annual fee and $0 liability for unauthorized purchases. Terms Apply.

Credit CardFeaturesIntro APRRegular APRAnnual FeeWhy we like itWe least likeCredit RequiredRelated links
HSBC Gold Mastercard<sup>®</sup> credit card

HSBC Gold Mastercard® credit card

APPLY NOWAt HSBC's secure website
  • 0% Intro APR on purchases and balance transfers for the first 18 months from account opening. Then a variable APR of 12.99%, 16.99% or 20.99% will apply.
  • No Penalty APR.
  • Late Fee Waiver.
  • No Foreign Transaction Fees.
  • $0 Annual Fee.
  • $0 liability for unauthorized purchases.
  • Terms Apply.
  • See Rates & Fees
APPLY NOWAt HSBC's secure website

0% Introductory APR on credit card purchases and balance transfers for the first 18 months from account opening

Variable APR of 12.99%, 16.99% or 20.99% will apply after the Introductory Period

$0

Good/Excellent

HSBC Gold Mastercard® credit card has a 0% intro APR on credit card purchases and balance transfers for the first 18 months from account opening after that introductory period a 12.99%, 16.99% or 20.99% variable APR on purchases and balance transfers applies. When you make balance transfers either $10 or 4%, whichever is greater, will apply on each balance transfer and credit card check. HSBC Gold Mastercard® credit card has no penalty APR and a late fee waiver. There is $0 liability for unauthorized purchases and there are no foreign transaction fees so you won't pay extra when making purchases abroad. Terms apply. Here's our HSBC Gold Mastercard® credit card review. $0 annual fee.

Balance Transfer Credit Cards As A Weapon Against Debt

If circumstances have left you up to your neck in debt, it's easy to end up feeling like the situation is hopeless. Compound interest keeps making your debt bigger, and no matter how hard you try to keep up with payments, the debt never seems to go away.

But keeping up with payments is not a solution. In order to escape the treadmill, you will have to pay off your debt. This is where a credit card that offers a long introductory APR period on balance transfers can help. Although getting another credit card may seem like anything but a good idea, especially if credit cards have gotten you into debt in the first place, the opposite can be true if you can use your card responsibly.

A balance transfer credit card offers temporary relief from interest payments, giving you time to catch your breath and make a debt repayment plan. That's because all of the payments you make will actually pay off your debt, rather than paying for interest charges. You should always look for a card that offers a 0% intro APR on balance transfers (there are plenty of these so getting a card with anything but a 0% interest rate during the intro period is pointless.

When choosing a balance transfer credit card, it's very important that you understand balance transfer fees. These are fees charged by credit card companies every time you make a balance transfer. Most card charge 3% of the full amount you transfer, with a minimum of $5. That can add up to a lot of money.

Using a credit card with no balance transfer fee can help here, but it's rare to find a credit card that offers both no balance transfer fee and a long 0% intro APR period for balance transfers. One of the cards which help you save on balance transfer fees is Capital One® QuicksilverOne® Cash Rewards Credit Card which has no balance transfer fee.

Although most balance transfer credit cards only let you transfer debt from other credit cards, there are a few that also let you transfer other types of debt. If you do transfer other kinds of debt like auto loans, personal loans or store credit balances, make sure that you continue to make your different payments until you receive notice from your credit card company that the balances have been transferred. Since the credit card company will usually pay what you owe directly to your creditors in one shot, it's important to check into whether those loans can be paid off in one go, or whether you are tied into a fixed loan tenure.

When transferring non-credit card debt to a new balance transfer credit card, always check and double check with your credit card company to make sure that kind of debt qualifies as a balance transfer. While you may still be able to transfer debt that doesn't qualify (by using checks for example), these may be counted as cash advances rather than balance transfers, and cash advances come with nasty fees, high APRs and generally no low intro APR periods.

How Do I Get Rid Of My Debt?

Once you've settled on the right balance transfer credit card to put a plug in the interest payment money drain, you can refer to our guide to getting out of debt for advice on paying off what you owe and remaining debt-free.