Blog

Balance Transfer Credit Cards With No (or Low) Transfer Fees

Written by Jason Steele | Jan 4, 2016 5:01:42 AM

[UPDATE: Some offers mentioned below have expired and/or are no longer available on our site. You can view the current offers from our partners in our credit card marketplace. DISCLOSURE: Cards from our partners are mentioned below.]

Balance transfer credit cards can be a fantastic way to avoid interest charges while you pay off your balance, but they do have an important catch that can trip up prospective cardholders: Most credit cards offering promotional balance transfers impose a 3% balance transfer fee on the amount transferred, which gets tacked on to the new balance. Thankfully, there are just a few credit cards that offer interest-free balance transfers or low-interest balance transfers with no balance transfer fee. 

More on Credit Cards:

Image: iStock