[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.
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