Saving Money Made Easy: Our Top Picks For Balance Transfer Credit Cards In 2019
Saving Money Made Easy: Our Top Picks for Balance Transfer Credit Cards in 2019
If you're carrying a balance on your credit card and looking for ways to save money on interest charges, a balance transfer credit card can be a great solution. These cards allow you to transfer your existing credit card debt to a new card with a lower interest rate or even a 0% introductory APR. Here are our top picks for balance transfer credit cards in 2019:
1. Chase Slate
The Chase Slate credit card offers one of the longest introductory 0% APR periods for balance transfers, typically up to 15 months. It has no annual fee and also provides free access to your FICO credit score, allowing you to monitor your credit health. Keep in mind that there is a balance transfer fee, usually a percentage of the amount transferred.
2. Citi Simplicity
The Citi Simplicity card is known for its generous introductory 0% APR period, which can last up to 21 months. It has no late fees or penalty APR if you miss a payment. However, there is a balance transfer fee. The Citi Simplicity card is ideal for those who want a long period to pay off their balance without the worry of fees.
3. Discover it
The Discover it card offers a unique feature called Cashback Match, where they match all the cashback you earn in the first year. It also provides an introductory 0% APR period for balance transfers, typically up to 18 months. The card has no annual fee and offers cashback rewards on purchases, making it a popular choice for those looking to save money while paying off their debt.
4. BankAmericard
The BankAmericard credit card offers a solid introductory 0% APR period for balance transfers, usually up to 18 billing cycles. It has no annual fee and provides access to the Bank of America's online and mobile banking tools. Keep in mind that there is a balance transfer fee associated with this card.
5. Wells Fargo Platinum
The Wells Fargo Platinum card offers a competitive introductory 0% APR period for balance transfers, typically up to 18 months. It has no annual fee and provides access to Wells Fargo's online and mobile banking services. However, there is a balance transfer fee associated with this card.
6. U.S. Bank Visa Platinum
The U.S. Bank Visa Platinum card offers a lengthy introductory 0% APR period for balance transfers, typically up to 20 billing cycles. It has no annual fee and provides access to online and mobile banking services. However, there is a balance transfer fee associated with this card.
Before applying for a balance transfer credit card, it's important to review the terms and conditions, including the length of the introductory APR period, the balance transfer fee, and any ongoing fees or rewards programs. Consider your own financial situation and goals to determine which card is the best fit for you.
By taking advantage of a balance transfer credit card, you can save money on interest charges and work towards paying off your debt faster. Remember to make a plan to pay off your balance before the introductory period ends to maximize your savings. With the right balance transfer credit card, you can take control of your finances and start saving money.
