How does a "balance transfer" work? A balance transfer allows you to take your high-interest credit card balance from one card (or even multiple cards) and transfer it to a new credit card with a lower interest rate so you can save money on interest charges.
Many balance transfer cards offer a 0% intro APR for balance transfers until 2022, and some as long as 18 months!
4 Simple Steps to the Balance Transfer Process
1. Pick a balance transfer card that fits your needs (Length of Intro APR Period, Rewards, etc.)
2. Apply for a balance transfer card (Click Apply Now)
3. Once Approved, contact the new credit card company to do the balance transfer
4. Pay off your debt & celebrate being debt free faster!
Citi® Diamond Preferred® Card
With one of the longest intro APRs available, the Citi® Diamond Preferred® Card is a top choice for anyone looking save money with a balance transfer. This market-leading offer comes with an intro APR of 0% for 18 months on Balance Transfers. There is also no annual fee and an intro APR of 0% for 18 months on Purchases.
That means you have almost two years to pay down your balance totally interest free. If you currently have a large balance on a credit card that is charging steep interest rates, the Citi® Diamond Preferred® Card could be the perfect card to help you finally escape those pesky interest charges. Apply today and enjoy a lengthy intro APR of 0% for 18 months on Balance Transfers!
Citi® Double Cash Card – 18 month BT offer
The Citi® Double Cash Card – 18 month BT offer is the only cash back card with an intro APR of 0% for 18 months on Balance Transfers AND it's the only card that allows you to earn cash back twice.
Cardholders earn 2% on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases.. There are no limits to how much cash back you can earn and your cash back won't expire. With these great perks, the Citi® Double Cash Card – 18 month BT offer is truly one of a kind.
This card is perfect option for any consumers who don't want to put any extra thought into their credit card rewards. There's no rotating categories and no special bonuses on certain spending. And with the top-tier intro APR on balance transfers you could save hundreds of dollars by escaping those pesky interest charges on your current credit card.
Bank of America® Cash Rewards credit card
Enjoy a year of 0% intro APR with the Bank of America® Cash Rewards credit card while you earn cash back for the things you buy most. This card offers 0% Introductory APR on purchases for 12 billing cycles and 0% Intro APR for 12 billing cycles for any balance transfers made in the first 60 days. Pay no annual fee with this card from Bank of America.
On top of the lengthy 0% interest rates, cardholders will enjoy one of the most flexible cash back rewards programs: Earn 3% cash back in the category of your choice, 2% at grocery stores and wholesale clubs for the first $2,500 in combined choice category/grocery store/wholesale club quarterly purchases, 1% on every purchase. To top it off, new cardholders can earn a $200 online cash rewards bonus after you make at least $1,000 in purchases in the first 90 days of account opening.
Citi Rewards+® Card
For an extra long intro APR on purchases and balance transfers, the Citi Rewards+® Card is a top choice. This card comes with 0% for 15 months on purchases and balance transfers, and cardholders pay no annual fee. That lengthy intro period could provide the breathing room you need if you're paying a high interest rate on another credit card or if you need to finance a big purchase and want to spread the payments out over time.
What really makes the Citi Rewards+® Card stand out is the stellar rewards program – Earn 2X ThankYou® Points at Supermarkets and Gas Stations for the first $6,000 per year and then 1X Points thereafter. Plus, earn 1X ThankYou® Points on All Other Purchases. There is also a sizable sign up bonus so you can kickstart your rewards. Earn 15,000 bonus points after you spend $1,000 in purchases with your card within 3 months of account opening. With low interest rates, generous rewards, and no annual fee, the Citi Rewards+® Card has it all!
BankAmericard® credit card
If you're suffering under the weight of steep interest rates on your current credit card, the BankAmericard® credit card could be just what you need. This powerful card comes with 0% Intro APR for 12 billing cycles for balance transfers made in the first 60 days as well as 0% Introductory APR on purchases for 12 billing cycles. That lengthy intro period can provide the breathing room you need to pay down your balances.
Paying down your credit card balance can be tough when you see the majority of your payment going to interest rather than the principal of your balance. But when you transfer your balance to the BankAmericard® credit card, every penny of your payment goes towards the principal of your balance during the intro period. Another reason to love this card is that it comes with no annual fee. Apply today and start saving!