0aprRising rates 📈 also means credit card APRs are going up. Shopping around for the best balance transfer offer can save you thousands of dollars in interest. Below is a freshly updated list of the best 0% APR balance transfer offers. I try to include a good mix of different bank and lesser-known credit unions with easy membership requirements.

Finding the best combination of the longest 0% APR period and the lowest balance transfer fees. As of March 2023, the average credit card interest rate is 24% APR (!). If you are paying 24% APR, that’s like paying 2% on your balance every month (!). Paying a 3% upfront fee for an 21 month period of 0% would be like paying your current interest rate for 1.5 months and then getting 0% interest for the remaining 19.5 months. That may be preferable to 12 months at 0% with no balance transfer fee, especially if you spread out your payments over the entire period and use that additional time to pay it all off by the end. Here is an example comparison.

  • $5,000 balance, 24% APR, 12 month payoff = $472 per month for 12 months. ($5,673 total paid)
  • $5,000 balance, 0% APR + No BT fee, 12 month payoff = $417 per month for 12 months. ($5,000 total paid)
  • $5,000 balance, 24% APR, 21 months payoff = $293 per month for 21 months. ($6,172 total paid)
  • $5,000 balance, 0% APR + 3% BT fee, 21 month payoff = $245 per month for 21 months. ($5,150 total paid)
  • $5,000 balance, 0% APR + no BT fee, 21 month payoff = $238 per month for 21 months. ($5,000 total paid) ** not an available offer **

Hopefully, you can see how one might prefer the $245 per month for 21 months, even thought it results in a slightly higher total amount paid than the $417 per month for 12 months. Especially if this creates an attainable plan that the end of 21 months, you are debt-free and you saved over $1,000 in interest ($6,172 vs. $5,150). Even if there was no balance transfer fee for 21 months (which unfortunately isn’t an option), the difference would only be $7 per month.

If you are sure you can pay it all off within the shorter 0% period, then you should pick the no balance transfer fee option.

1) 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. This unique card has no late fees and no penalty interest rate. You also get 0% Intro APR on purchases for 12 months from date of account opening. After the intro APR offer ends, a variable APR will apply. There is a balance transfer fee of 3% of the amount of each credit card balance transfer or $5, whichever is greater. No annual fee.

2) BankAmericard Credit Card – 0% Intro APR for 21 billing cycles for purchases and balance transfers made in the first 60 days of opening your account. After the intro APR offer ends, a variable APR will apply. A 3% fee (min $10) applies to all balance transfers. No annual fee.

3) Wells Fargo Reflect Card – 0% Intro APR on balance transfers for 18 months from date of account account opening. Intro APR extension of up to 3 months with on-time minimum payments during the introductory and extension periods. (Note this is not the same as starting the countdown from the time of transfer.) Introductory balance transfer fee of $5 or 3% of the amount of each balance transfer, whichever is greater, for 120 days from account opening. After that, it is 5% of each credit card balance transfer or $5, whichever is greater. No annual fee.



4) US Bank Visa Platinum Card  – 0% Intro APR on purchases and balance transfers for 18 billing cycles. Balance transfer fee of $5 or 3% of the amount of each balance transfer, whichever is greater. Side perk of up to $600 in cell phone protection. No annual fee.

5) First Tech Fed Platinum Mastercard0% 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 (Financial Fitness Association). You must also keep a nominal amount (usually around $10) in a share savings account. No annual fee.

6) Wings Financial CU Platinum Card0% Introductory APR for 12 months on balance transfers after account opening and no balance transfer fee. After the intro APR offer ends, a variable APR will apply. You must be a Wings Financial Credit Union member to obtain this card, but membership is open to everyone who joins a partner organization for as little as $5 (Wings Financial Foundation). You must also keep a nominal amount (usually around $10) in a share savings account. No annual fee.

7) La Capital FCU 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 La Capitol Federal Credit Union member to obtain this card, but membership is open to everyone who joins a partner organization for as little as $20 (Louisiana Association for Personal Financial Achievement). You must also keep a nominal amount (usually around $10) in a share savings account. 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 – March 2023 (Updated) from My Money Blog.


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