How to Do a Balance Transfer in 4 Steps
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.
