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I enjoy my credit card rewards, but carrying a balance at 15%+ interest is much more impactful on your finances! In fact, the WSJ reports that companies are charging higher interest rates because of their generous rewards programs. If you are ready to pay down that debt, consider transferring your balance to another issuer at a lower rate. Shopping around can save you thousands in interest.

You’ll want the best combination of the longest 0% APR period and the lowest balance transfer fees. Having no balance transfer fee is obviously best, but if you need to spread out your payments, it may be better to pick a longer term with a modest balance transfer fee. For example, if you are paying 20% APR, that’s like paying 1.66% on your balance every month. Below are the best 0% APR balance transfer offers from a variety of issuers (since you can’t transfer balances within the same issuer) as of February 2020.

Best 0% APR Balance Transfer Credit Cards – February 20201) Amex EveryDay Card from American Express0% Introductory APR for 15 months on both purchases and balance transfers and no balance transfer fee during the first 60 days after opening the account. After the intro APR offer ends, a variable APR will apply. Plus, earn a bonus 20,000 Membership Rewards points after you use your new Card to make $2,000 in purchases in your first 3 months. No annual fee.

Best 0% APR Balance Transfer Credit Cards – February 20202) Citi Simplicity Card – 0% Intro APR on balance transfers for 21 months from date of first transfer. All transfers must be completed in first 4 months. 0% Intro APR on purchases for 12 months from date of account opening. After the intro APR offer ends, a variable APR will apply. This card provides a longer term, but note that there is a balance transfer fee of 5% of the amount of each credit card balance transfer or $5, whichever is greater. No annual fee.

Best 0% APR Balance Transfer Credit Cards – February 20203) BankAmericard Credit Card0% Introductory APR for 15 billing cycles on both balance transfers and purchases and no balance transfer fee during the first 60 days after opening the account. After the intro APR offer ends, a variable APR will apply. No annual fee.

Slate from Chase Card Art4) Chase Slate Card0% Introductory APR for 15 months on both balance transfers and purchases and no balance transfer fee during the first 60 days after opening the account. After the intro APR offer ends, a variable APR will apply. No annual fee.

Best 0% APR Balance Transfer Credit Cards – February 20205) First Tech Fed Choice Rewards Card0% Introductory APR for 12 months on balance transfers and no balance transfer fee during the first 90 days after account opening. After the intro APR offer ends, a variable APR will apply. You must be an First Tech Federal Credit Union member to obtain this card, but membership is open to everyone who joins a partner organization for as little as $8. No annual fee.

Best 0% APR Balance Transfer Credit Cards – February 20206) ABOC Platinum Rewards Credit Card0% Introductory APR for 18 months on balance transfers with a 3% fee (minimum $5). You must transfer your balance within 90 days of your account open date for the promotional APR to apply. After the intro APR offer ends, a variable APR will apply. You also get 5X rewards on rotating categories each quarter. No annual fee.

“The editorial content here is not provided by any of the companies mentioned, and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are the author’s alone. This email may contain links through which we are compensated when you click on or are approved for offers.”

Best 0% APR Balance Transfer Credit Cards – February 2020 from My Money Blog.


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