Best balance transfer cards with 0% APR of February 2025​on February 13, 2025 at 11:00 am

Who’s this for: The Chase Freedom Flex® offers a high return in rotating bonus categories to go along with its intro 0% APR offer.

Balance transfer offer: Chase Freedom Flex card holders can transfer balances and take advantage of an intro 0% APR for 15 months, then a variable 19.49% to 28.24% APR applies. This card’s intro balance transfer fee is 3% of the amount you transfer ($5 minimum) within the first 60 days of account opening. Afterward, the balance transfer fee is 5% of the amount you transfer ($5 minimum).

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Rewards

None

Welcome bonus

None

Annual fee

$0

Notable benefits

The Citi Simplicity® Card doesn’t offer many notable benefits, but as a Citi credit card, you have access to the events and experiences available through Citi Entertainment.

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Rewards

None

Welcome bonus

None

Annual fee

$0

Notable benefits

When you pay your monthly cell phone bill with your Wells Fargo Reflect® Card, you’ll qualify for cell phone insurance. This protection will reimburse you up to $600 per claim with a $25 deductible. You are limited to two claims per 12 months.

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Rewards

None

Welcome bonus

None

Annual fee

$0

Notable benefits

On top of the Citi® Diamond Preferred® Card’s intro APR for balance transfers, this card also offers a promotional APR for purchases. You have access to free access to your FICO Scores and access to special events and experiences available through Citi Entertainment.

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Rewards

• 2% cash back at gas stations and restaurants on up to $1,000 in combined purchases each quarter, then 1% cash back
• 1% cash back on all other purchases

Welcome bonus

Discover will match the cash back you earn at the end of your first year.

Annual fee

$0

Notable benefits

The Discover it® Chrome provides an intro APR on purchases and has no foreign transaction fees.

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Rewards

• 2% on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases. To earn cash back, pay at least the minimum due on time.
• Plus, a special travel offer, earn 5% total cash back on hotel, car rentals and attractions booked on the Citi Travel℠ portal through 12/31/25.

Welcome bonus

Earn a $200 bonus after spending $1,500 on purchases in the first six months of account opening.

Annual fee

$0

Notable benefits

The Citi Double Cash® Card is a cash-back card at its core, but you earn cash back as Citi ThankYou® Points, which expands your redemption options. You can transfer Citi ThankYou® Points to a handful of travel partners, including Choice Hotels, Wyndham Hotels and JetBlue. However, if you pair this card with a Citi credit card that enables full transfers, like the Citi Strata Premier^℠ Card (see rates and fees), you can transfer your points to all of Citi’s travel partners at improved ratios.

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Rewards

None

Welcome bonus

None

Annual fee

$0

Notable benefits

With the Chase Slate Edge℠, you are eligible for an automatic 2% APR reduction after spending at least $1,000 within a card anniversary year and making all your payments on time. You can also earn an automatic one-time review for a higher credit limit after spending at least $500 during your first six months of card membership and making on-time payments during the same period.

You can also enroll to receive three free months of DoorDash DashPass membership, then nine months at 50% off (new enrollees starting February 1, 2025 will receive six free months of DashPass) and three free months of Instacart+ membership. Both services offer no delivery fees and reduced service fees on eligible orders.

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Rewards

None

Welcome bonus

None

Annual fee

$0

Notable benefits

While the U.S. Bank Visa® Platinum Card’s additional perks are limited, it offers cell phone protection against damage or theft.

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Rewards

On up to $20,000 spent in the first year:

• 6.5% cash back on travel purchased through Chase Travel^SM
• 4.5% cash back on drugstore purchases and dining at restaurants (including takeout and eligible delivery service)
• 3% on all other purchases

After your first year or $20,000 spent:

• 5% back on travel purchased through Chase Travel^SM
• 3% back at drugstores
• 3% back on dining at restaurants (including takeout and eligible delivery services)
• 1.5% on all other purchases.

Welcome bonus

Earn an additional 1.5% cash back on everything you buy (on up to $20,000 spent in the first year) – worth up to $300 cash back.

Annual fee

$0

Notable benefits

The Chase Freedom Unlimited® offers an intro APR on purchases and eligible purchases qualify for extended warranty protection, purchase protection and trip cancellation/interruption insurance.

You also get three free months of DoorDash DashPass, then nine months at 50% off. New enrollees starting February 1, 2025 will receive six free months of DashPass.

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Rewards

• 5X points on hotels, car rentals and attractions book on CitiTravel.com (through Dec. 31, 2025)
• 2X points at supermarkets and gas stations, on the first $6,000 spend per year in these categories
• 1X points on all other purchases

Welcome bonus

Earn 20,000 bonus points after spending $1,500 within the first three months of account opening.

Annual fee

$0

Notable perks

The Citi Rewards+® Card has two unique perks that make it standout from other no-annual-fee credit cards. You can take advantage of:

• 10% Points Back: You’ll receive a 10% rebate on point redemptions, including on point transfers.
• Points round up: The points you earn from every purchase are rounded up to the nearest 10. That means a purchase that would normally earn just one point, would get you 10 points, and a purchase that would normally earn 33 points, would get rounded up to 40 points.

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Rewards

• Earn 5% cash back on the first $1,500 in combined purchases in rotating quarterly categories when you activate, then 1% cash back
• 1% cash back on all other purchases

Welcome bonus

Discover will match all the cash back earned for all new card members at the end of your first year.

Annual fee

$0

Notable benefits

The Discover it Cash Back card has no foreign transaction fees, and in addition to its balance transfer offer, you’ll get an intro APR offer on purchases.

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Rewards

• 5% cash back on hotels and rental cars booked through Capital One Travel
• 1.5% cash back on every purchase

Welcome bonus

Earn a $200 one-time cash bonus after spending $500 within three months from account opening.

Annual fee

$0

Notable benefits

On top of the balance transfer offer, you’ll also receive an intro APR on purchases with the Capital One Quicksilver Cash Rewards Credit Card.

Through Capital One Dining and Capital One Entertainment, you’ll get access to pre-sales and exclusive events and experiences with this card. You’re also able to book travel through the Capital One Travel site, which provides certain benefits, such as price drop protection and a price match guarantee.

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Rewards

• 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter (activation required).
• Earn 5% cash back on travel purchased through the Chase Travel^SM portal
• 5% back on Lyft rides through March 2025
• Earn 3% cash back on dining at restaurants, including takeout and eligible delivery services
• Earn 3% cash back at drugstores
• Earn 1% cash back on all other purchases

Welcome bonus

Earn a $200 bonus after you spend $500 on purchases in the first 3 months from account opening.

Annual fee

$0

Notable benefits

The Chase Freedom Flex® provides an introductory APR on purchases,. You can also save on delivery fees with three free months of DashPass, then nine months at 50% off (new enrollees starting February 1, 2025 will receive six free months of DashPass).

This card also has insurance benefits, such as cell phone protection, purchase protection, extended warranty protection and trip cancellation/interruption coverage.

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A balance transfer credit card lets you move your credit card debt from one card to another. The best balance transfer cards offer limited-time no-interest periods for these transfers. This enables you to save on higher-interest debt for a set amount of time, typically anywhere from six months to 21 months.

Completing a balance transfer is usually fairly easy. Sometimes you can even transfer a balance when you apply for the card. Regardless of when you complete a transfer, you will also normally pay a balance transfer fee of 3% to 5% of the amount you transfer. These fees are important to consider because they cut into your potential savings.

Another tradeoff is that the cards with the longest intro-APR periods tend not to be as rewarding as the top rewards credit cards. So if you want a card with an exceptionally long intro-APR, you probably won’t earn as many rewards.

Using your card’s balance transfer offer is fairly straightforward. You can usually opt to transfer balances as part of your application or transfer balances once you have your card. However, there are a few things to remember before taking advantage of a balance transfer offer.

Pay attention to fees

Most balance transfer cards charge a balance transfer fee. The fee is usually 3% to 5% of the amount you transfer. For example, transferring $5,000 with a 3% fee will cost you $150. This fee is charged to the balance transfer card, rather than the original card.

These fees can quickly add up and you should factor in this cost when determining if it makes sense to get a balance transfer card.

Know the restrictions

There are a few limitations to be aware of before you apply for a credit card with a balance transfer offer.

The first thing to know is that you can’t make transfers between cards from the same bank. For example, if you have a Chase credit card, you can’t transfer debt to another Chase card. So you’ll need to apply for a card from a different bank than the one you want to transfer debt from.

Also, you may have limited time to complete your transfers. If you wait too long to make a transfer, you may miss the 0% APR period or the intro balance transfer fee.

You’ll also want to be aware of any limits on the amount of debt you can transfer. Card issuers typically cap the amount you can transfer to a percentage of your credit limit or a specific dollar amount. Issuers may also factor the balance transfer fees into this limit.

See if you qualify for the card

Balance transfer cards usually require good or excellent credit. Qualifying for a balance transfer card can be difficult if you have less than stellar credit.

Using a balance transfer credit card to consolidate and pay off credit card debt is a great strategy to save on interest charges. However, it also needs to be paired with an overall strategy for paying down your debt.

As you consider what type of balance transfer card makes the most sense for you, you’ll want to do the math to weigh the costs and benefits. Balance transfer cards can earn rewards or even offer upfront bonuses, but the cards with the best intro-APR periods, typically don’t offer rewards. However, the money you save on interest can easily offset any rewards you miss.

Calculate how much you’ll save

The bigger the balance you want to transfer and the longer the zero-interest period, the more you save. Looking at what you’ll save is not always as simple as looking at your current credit card balance and interest rate.

One caveat to consider is how much of your balance you may be able to transfer to a 0%-APR card. If you have a large amount of credit card debt, an intro-APR offer can be quite valuable. However, the benefit is limited by your balance transfer card’s credit limit and any transfer limits imposed by the card issuer.

Know all the costs

Using a balance transfer offer can save you money, but it’s not free, so you need to be sure the benefits outweigh the costs.

Most top balance transfer cards have no annual fee, but it’s something you want to look at before applying. Assuming the card you’re applying for doesn’t have an annual fee, you want to pay attention to the card’s balance transfer fee. These fees generally run 3% to 5% of the amount you transfer and can easily add up to hundreds of dollars when transferring a significant balance.

As valuable as balance transfer credit card offers can be, it’s not an option for everyone. You generally need a high credit score to have the best chance of being approved for these cards. Depending on your debt, you may only be able to transfer a portion of it.

If you aren’t eligible for a balance transfer card or opening a credit card isn’t the right option for you, here are two alternatives to consider:

Debt consolidation loan

A debt consolidation loan is an unsecured personal loan you take out to pay off your existing debts and roll separate payments into a single loan. Depending on your credit score, you may be able to secure a lower interest rate. You could also opt for a loan with a longer repayment term, reducing your monthly payment and adding flexibility to your budget. However, if you take out a longer loan, you can end up paying more interest over the long haul because you’ll spend less toward the principal each month.

These types of loans can make sense if your credit score has been improving and you can qualify for a better rate.

Borrow against your home equity

If you own a home worth more than you owe, you may be able to borrow against your home at a lower interest rate than credit cards and unsecured personal loans. If you’re in this situation, several different financial products are available, including home equity loans, home equity lines of credit (HELOC) and cash-out refinance mortgages. With these loans, there are significant upfront costs that can make it a losing proposition even if your rate is lower. So be sure to do the math first.

Home equity loans and HELOCs are both types of second mortgages. That means, you keep your original loan and take out an additional loan backed by your home. This option makes most sense if your current mortgage rate is lower than the rate you would qualify for if you took out a mortgage today.

With a cash-out refinance, you are replacing your existing mortgage with a new larger loan. If today’s mortgage rates are lower than your current rate, you’ll be able to lock in a better rate and get cash back. With a cash-out refi, you can typically borrow up to 80% of your home’s value and there are upfront closing costs that can range from 2% to 6% of the loan amount.

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At CNBC Select, our mission is to provide our readers with high-quality service journalism and comprehensive consumer advice so they can make informed decisions with their money. Every credit card review is based on rigorous reporting by our team of expert writers and editors with extensive knowledge of credit card products. While CNBC Select earns a commission from affiliate partners on many offers and links, we create all our content without input from our commercial team or any outside third parties, and we pride ourselves on our journalistic standards and ethics. See our methodology for more information on how we choose the best balance transfer credit cards.

To determine which cardshave the best value for 0%-APR balance transfer offers, CNBC Select analyzed over 250 major credit cards issued through FDIC-insured banks and NCUA-insured credit unions that are widely available in the U.S.  

We compared each card on a range of features, including rewards (e.g., cash back, points and miles), annual fees, welcome bonuses, introductory and standard APR and balance transfer fees and foreign transaction fees. We also considered additional perks (e.g., ongoing travel or merchant statement credits), cardholder protections (e.g., purchase protection, $0 liability protection and travel insurance), the application process when available (e.g., is there a credit pull or required credit score) and how easy it is to redeem points (e.g., are rewards are tied to a specific brand; if transferable, to how many/which partners, can you redeem for straight cash back). 
 
We also considered CNBC Select audience data when available, such as general demographics and engagement with our content and tools.  

For the cards that offered a rewards program, we considered consumer spending data forecasts from location intelligence firm Esri to determine where U.S. consumers are spending the most money, like on dining and travel. We used this to help determine what bonus categories are most useful for consumers. Since the value of a point or mile varies based on what they can be redeemed for, we also considered things like transferability and the ability to redeem for cash-back. 

When choosing the best 0%-intro-APR balance transfer credit cards, we focused on cards that offer longer intro-APR periods. We also placed a special emphasis on balance transfer fees and whether the cards offered intro APRs for purchases, balance transfers or both. 

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For rates and fees of the Discover it® Chrome, click here.

For rates and fees of the Discover it® Cash Back, click here.