Best Balance Transfer Credit Cards with No Fee

With the balance transfer credit card, you’ll make a great deal out of your mortgages, avoiding overpaying for high interests. The card provides a 0% intro rate between 12 and 24 months.

While selecting a suitable bank, holders have to consider several factors such as annual fee, APRs, credit score rates, etc. Those impact the debt you’re paying and the amount you can save up. Choosing the balance transfer credit card is an important step, so we have prepared some options from the best providers in the country that will come in handy for you.

Balance Transfer Credit Cards with No Fee: Best Offers

There is a broad spectrum of banks you can apply to. Yet, not all of them are suitable for your needs or requirements. Before picking the balance transfer card, you should calculate and write down the reasons why you’re taking debt, what is the purpose, the expected amount of monthly repayment, percentage rate that you will have to cover.

Also, it’s better to select several options and then compare them. This way, you’ll see all the pros and cons and determine which credit card works best in your specific case.

Wings Visa Platinum Card

The Wings Card is exactly what you’re looking for when comparing interest rates. It offers no annual fee and a 0 intro APR for 12 months on account opening, purchases, and balance transfers. After the promotion term, it has a variable APR on balance transfers, starting from 10.40% to 18%. The Wings card doesn’t provide any rewards but pleases holders with a low credit limit of $500.



  • Customers benefit from the cards’ no collateral requirements and the available extension opportunity.
  • The application process puts people at risk. It requires a full check or a hard inquiry that often hurts the credit score, although only temporarily.

Overall, the Wings Platinum Card has good to excellent reviews. It’s a suitable choice for holders with 680-800 credit rates and a small amount of debt. Moreover, it has no transfer window, meaning you can transfer an existing fund to the credit card anytime.

BankAmericard Credit Card

A BankAmericard would be a working-well option for those who feel like they need to extend the debt or won’t be able to pay in time. The reason is the card doesn’t charge penalties APR, making the borrowing process softer for late-payment customers. It also has a chargeless introductory period and a 0% annual fee.

The promotion is active for 21 billing cycles since the account opening and covers different purchases as well as any balance transfer during the first 60 days.

The usual annual percentage rate for balance transfer equals 14.24% to 24.24%. With the 690-800 credit score, you’ll be eligible to receive a BankAmericard balance transfer card.

Apart from the strong side, the bank doesn’t have a reward system and has foreign transaction fees. In general, you might apply for the BankAmericard if there is no necessity to balance transfers within the countries. The card also offers relatively low-interest rates, which gives it a preference.

Wells Fargo Reflect Card

A Wells Fargo Reflect Card has the longest APR term among other options. It provides customers with 18 months promotion period with 0 intro APR on balance transfers and no annual fee. On the condition that the person will make regular on-time payments, the term might be extended up to 3 months. Once the time is up, the holder has to pay the usual balance transfer fee of 15.24% to 27.24%.



  • Contrary to all the perks, there are some downsides. For example, a Wells Fargo Reflect Card sets a high foreign transaction fee and implements no reward or welcome bonuses.
  • Every holder can get up to $600 protection insurance against theft or any damages while paying the monthly cell phone bill.

With the Wells Fargo Reflect balance transfers, credit card users might also subscribe to a wide range of merchant deals. This way, you will be able to receive a cashback each time you dine, shop, etc.

Discover it Balance Transfer

Discover it Balance Transfer is known for its rotating category cash back and its unlimited feature. It means your $150 can turn into $300 and is based only on cash back.

Also, the cardholder earns 5% from all transfers and purchases like grocery shopping or dining at a restaurant. Being one of the best balance transfer cards, Discover implements 0 intro APR for 6 months on shopping and 18 months on balance transfers.

After the end of the promotion term, the regular 14.24%-25.24% variable APR will be applied to the card. Overall, the balance transfer card has decent reviews and is suitable for customers with good to excellent credit.

One of the most exciting perks of Discover is the absence of foreign transaction fees and no penalty APR on the first deposit. Yet, some disadvantages are seen as well — the introductory term is short, the barebone feature stands out from the crowd, etc.

Bank of America Travel Rewards credit card

A Bank of America Travel Rewards credit card works correspondingly to its name. It provides the best rates and promotions to give you the whole spectrum of positive emotions. To be eligible for account opening, customers have to provide a score that varies between 690 and 850 credits. Credit card debt comes with a 0% introductory rate for balance transfers and has no annual fee.

The promotion term is active for 18 billing cycles from the day of the account opening. Afterward, the holder has to pay the basic fee of 16.24%-26.24% variable APR. Credit card offers a variety of bonuses as well.

For example, customers are eligible to receive 25,000 online points on the condition they spend $1000 within the first 90 days. It means the final bonus equals $250 for traveling purposes. Besides, there is a wide range of brunches where you can utilize the bonus: hotel rooms, flights, baggage fees, car rentals, vacation resorts, etc.

Wells Fargo Active Cash

A Wells Fargo Active Cash credit card is another suitable option for those who aim to save up on interest and accumulate bonuses. Balance transfers require good to excellent scores and provide 2% cashback on transfers and purchases. The Wells card is the best variant to pair with another account, for instanсe, Discover. It is a great way to boost your funds with generous rewards.



  • The annual fee is 0%, just like the intro balance transfer fee.
  • Once the time is up, the regular APR on balance transfers which is 17.24%, 22.24%, or 27.24% rates will be resumed and impact the credit card balance.
  • Customers can enjoy the account opening promotional period for 15 months.
  • Among disadvantages, users can also find a 3% foreign transaction fee.
  • Cash holders can win up to $200 on the condition that they spend $1000 on purchases within the first 3 months.

U.S. Bank Cash + Visa Signature

A U.S. Bank Cash card + Visa Signature is pretty prevalent for citizens. It provides favorable conditions and sets low annual fee and credit limits for balance transfers.

The card is compatible with traveling purposes, saving money on interest due to cashback, and it’s also generous with bonuses. For instance, if you register and spend $1000 within 120 since account opening, you’ll be able to receive a $200 promotion.

A credit card has 0 balance transfer fee on purchases and transactions available for 15 billing cycles. It means you can enjoy lower rates for more than a year. Once the promotion is done, the bank returns the usual variable APR on balance transfers which equals 17.49%-27.49%.

However, you can earn money with efficient cashback that covers travels (5%), shopping at a grocery store, gas, restaurants (2%), etc. Overall, a U.S. Bank Cash card + Visa Signature is a beneficial deal when you aim to save up and earn some more cash.

Chase Slate Edge

The Chase Slate Edge card is one of the best balance transfer options. The bank gives you enough time to repay the debt with the opportunity to extend the terms. Also, it offers 0 intro APR and 0% annual fee on purchases and balance transfers, giving the chance to save up some money. Furthermore, the introductory period takes up to 18 months — that’s perfect timing for returning the whole borrowed amount.

If the promotion is over and you still have some part of the mortgage left, you will have to overpay the variable APR of 17.24%-25.99%. With the Chase card, you can raise your credit limit.

The procedure is possible when you make regular deposits, spend $500 within the first 6 months, and require a one-time review. On the contrary, the card doesn’t provide any bonuses or rewards. In addition, it charges large figures for national and foreign transfers.

What is a Balance Transfer Credit Card No-Fee?

By paying off the debt, plenty of holders cover the amount of interest rate, which costs them big figures. A balance transfer card is a great solution for those who want to save up and got tired of losing more than expected. The card allows people to transfer money from existing funds to a newly opened credit card with 0 intro APR.

Besides, some cards release customers and don’t charge balance transfer fees. Usually, they’re equal to 3% up to 5%. The holders should consider that the no-fee option is available only for the promotional period — you can reckon on 6 months up to almost 2 years. When the deal expires, regular charges will be applied to the card again.

Remeber that you shouldn’t take a lot of loans, because there could be some problems with repaying, but you can use debt consolidation loans in this case.

How Much Can I Save With a 0% Balance Transfer?

A 0% balance transfer could spare you up to several hundred dollars, if not more. Doesn’t matter whether you’re paying off a small or a large debt; it will be paid off within the introductory period. With the help of online calculators, you can analyze the saved amount. Usually, it’s an equation of spendings with the current APR minus the balance transfer fee.

How Long Does a Balance Transfer Take?

Balance transfer from one account to another takes variable terms due to the card issuer policies. Some companies may proceed in two or three business days, while others will make you wait up to 6 weeks. Still, you will be notified about transfer details after the verification of the request. Opening a new bank account might cause a short delay in balance transferring as well.

How to Choose a Credit Card With No Balance Transfer Fee

Selection of the right credit card is tough. To determine the best one and make a decision, you need to complete the following steps:

Check your credit score

Plenty of balance transfer cards require a certain limit of acceptance. If your rates are lower, you might not qualify for the debt.

Calculate the payment abilities

Write down what sum you need to borrow and what term you need to return the mortgage. Most balance transfer cards offer from 6 to 24 months.

Consider the annual fee and APR

Make sure you benefit from the deal without inappropriate overpayment. Remember that there are different types of credit cards, consider best metal credit cards, credit cards with no annual fee, etc.

How to Use a Balance Transfer Card?

Although the algorithm for using the balance transfer seems complicated, it consists only of a few steps. Mostly, all you need to do is transfer the funds from one card to another. Let’s get more details and go through a precise guide:

Register and open an account

This is the first thing a customer has to do while applying for any loan. Make sure your score is high enough to get approved.

Learn the offer

Once you’re done signing up, you’ll have some time to transfer money. You need to be attentive and quickly find the free-of-charge intro promotion.

Send a request for the transaction

Usually, the procedure has an online form, meaning cash holders are supposed to log in to the mobile app account and input their card number and contact information to start the process.

Wait for verification

Once the transfer is complete, you’ll get a notification. Afterward, regularly keep track of your funds and actively utilize your credit.

Who Should Apply For Balance Transfer Credit Cards With No Fee?

Many credit card holders carry small monthly debts with extremely high interest. Therefore, it’s not reasonable to pay greater figures for a balance transfer fee rather than for monthly deposits. So, if you find yourself in the same situation, a balance transfer will help you to solve some financial issues and repay the debt with 0 balance transfer fees.

A double cash card is particularly beneficial for those who want to extend their mortgage without sticking with it for ages. The balance transfer cards charge 0% and offer quicker options for repayment.

Moreover, the promotion is available for a limited time, so balance transfers would suit those with relatively small debt. Also, it’s a good choice when you’re looking for a way to keep all your purchases and balance transfers in the same place, keeping precise track of them.


Taking debt is necessary in some cases. The approach requires lots of research and analysis time. Cash holders have to find several options and compare them to decide which one is better. Also, customers must consider APR rates and annual fees to avoid overpaying. There is a wide range of transfer cards with 0% charges.

Most of those options offer a variety of bonuses, traveling rewards, and generous cashback. Besides, it’s a good choice for people with small loans and excellent credit scores. This way, you save up on interest and benefit from the lucrative promotions!

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It’s widely known that each customer has to go through a hard inquiry to apply for a new credit card. Unfortunately, it does impact your credit by temporarily decreasing the score and shortening the age of your account. Though, balance transfers lower the use of credit, favorably affecting the score.

The balance transfers are a good idea if you have a small mortgage. Consider the limitations of the promotion period and apply to the balance transfer card only if you’re sure it’s possible to repay the debt within that term. Otherwise, the regular APR will be reactivated.

According to balance transfers’ policies, the minimum 0 intro APR period must be at least half a year. Otherwise, the repayment term might be extended up to 21 months if you’re eligible for it. On average, holders of the best balance transfer cards return the borrowed amount within 15 months.