
Best Balance Transfer Credit Cards with No Transfer Fee in May 2025 – Headline No
Key Takeaways
- Balance transfer fees — which range from 3-5% of your balance — can add substantially to the cost of a balance transfer.
- Cards without balance transfer fees tend to have shorter intro APR periods, but can still be worth it. For example, you could save up to $300 on a $6,000 balance transfer with a no-fee balance transfer card.
- No-balance-transfer-fee cards are most commonly offered by credit unions with membership restrictions. But, many credit unions offer workarounds that allow anyone to join.
Our pick for the best balance transfer credit card with no transfer fee
Our pick for the best balance transfer credit card with no transfer fee
ESL Visa® Credit Card
The best credit card with no balance transfer fee is the ESL Visa® Credit Card because it gives you a year to pay off your balance transfer interest-free and has a low ongoing APR of 12.50% - 17.99% Variable.


13 Best No Fee Balance Transfer Credit Cards
Credit Cards | Our Ratings | Intro Balance Transfer APR | Regular Balance Transfer Rate | Membership requirements | |
---|---|---|---|---|---|
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ESL Visa® Credit Card*
|
4.0
|
0% Introductory APR for 12 billing cycles | 12.50% - 17.99% Variable | Live in certain New York state counties and meet other eligibility requirements (e.g. affiliation with George Eastman Museum). See full requirements. | |
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Hudson Valley Visa® Platinum Credit Card*
|
3.6
|
0% introductory APR for 12 months | 15.50% to 18.00% Variable | Live, volunteer, attend school, work, or worship in eligible locations. See full requirements. | |
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BECU Visa Credit Card*
|
3.5
|
0% Intro APR for 12 months on balance transfers | 13.24% to 24.24% variable | Live in an eligible location, employees of BECU, Boeing and members of partner associations. See full requirements. | |
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Kinecta MyPower Credit Card*
|
3.5
|
5.99% Introductory APR for a period of 18 billing cycles | 12.24%-18.00% Variable | Anyone can apply for a card. See full requirements. | |
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Navy Federal Platinum Credit Card*
|
0.99% introductory APR for 12 months for balance transfers requested within 60 days of account opening | 10.99% to 18.00% (variable) | Personal or family ties to the armed forces, DoD or National Guard. See full requirements. | ||
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PSECU Visa® Classic*
|
2.8
|
2.90% Introductory APR until December 31, 2025 | 12.90% | Live with or are related to a PSECU member, affiliation with certain Pennsylvania colleges, universities, employers and partner organizations. See full requirements. | |
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PFFCU Contactless Rewards Visa*
|
2.7
|
0% for 9 months | 13.40% - 18.00% Variable | Work as police officer, firefighter or for select employee groups and also residents of specific Delaware, Pennsylvania and New Jersey counties. See full requirements. | |
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OnPoint Signature Visa® with Cash Back Rewards*
|
4.4
|
4.99% intro APR for 12 months from account opening | 16.25% - 26.75% Variable | Live or work in an eligible location or are related to someone who is eligible for membership. See full requirements/a>. | |
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FourLeaf Mastercard® Low Rate Credit Card*
|
2.4
|
2.99% to 4.99% for 12 months | 12.40% to 18.00% Variable | Anyone can apply for a card. See full requirements. | |
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Edward Jones Business Plus MasterCard Credit Card*
|
0% introductory APR for the first 12 billing cycles for balances transferred within 60 days from account opening | 19.24%–29.24% Variable | Edward Jones customers | ||
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CEFCU World Mastercard*
|
2.1
|
1.99% APR for 12 months on balance transfers | 13.75% - 23.25% Variable | Live or work in an eligible location, employees of CEFCU or partner companies, related to or live with someone who meets eligibility requirements or spouse of a member who passed away. See full requirements. | |
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CEFCU Cash Back Credit Mastercard*
|
1.99% introductory APR for 12 months on balance transfers | 14.75%-24.25% Variable | Live or work in an eligible location, employees of CEFCU or partner companies, related to or live with someone who meets eligibility requirements or spouse of a member who passed away. See full requirements. | ||
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CEFCU Rewards Credit Mastercard*
|
2.0
|
1.99% for 12 months on balance transfers | 13.75%-23.25% Variable | Live or work in an eligible location, employees of CEFCU or partner companies, related to or live with someone who meets eligibility requirements or spouse of a member who passed away. See full requirements. |
Best balance transfer cards with no transfer fee
ESL Visa® Credit Card*
How LendingTree Rates Credit Cards?
Our experts rate credit cards based on several factors including card benefits, bonus offers and independent research. Credit card issuers do not influence or have a say in our card ratings. Read our credit card methodology here.


How LendingTree Rates Credit Cards?
Our experts rate credit cards based on several factors including card benefits, bonus offers and independent research. Credit card issuers do not influence or have a say in our card ratings. Read our credit card methodology here.Intro balance transfer APR: 0% Introductory APR for 12 billing cycles then a 12.50% - 17.99% Variable applies
- $0 annual fee
- $0 balance transfer fee
- Low regular APR
- No rewards
- No sign-up bonus
- Requires credit union membership
The ESL Visa® Credit Card is low on fees and high on savings. You won’t have to pay balance transfer, annual or cash advance fees. Plus, you’ll have a year to pay off your balance transfer before being subject to a low ongoing 12.50% - 17.99% Variable.
- Save money with our 0% Intro APR for 12 months.
- Save even more with our low ongoing rate of 12.50%-17.99% APR.1
- No annual fees.1
- No fees for balance transfers.1
- Get the powerful protection of the Visa Zero Liability Policy.2
- Emergency ticket replacement and other travel and emergency assistance.
- Auto rental insurance automatically covering vehicle damage or theft up to the full value of most vehicles when you rent a car with your ESL visa credit card.
- Extended warranty protection.
Hudson Valley Visa® Platinum Credit Card*
How LendingTree Rates Credit Cards?
Our experts rate credit cards based on several factors including card benefits, bonus offers and independent research. Credit card issuers do not influence or have a say in our card ratings. Read our credit card methodology here.


How LendingTree Rates Credit Cards?
Our experts rate credit cards based on several factors including card benefits, bonus offers and independent research. Credit card issuers do not influence or have a say in our card ratings. Read our credit card methodology here.Intro balance transfer APR: 0% introductory APR for 12 months then a Variable 15.50% to 18.00% Variable applies
- $0 annual fee
- $0 balance transfer fee
- Low regular APR
- No rewards
- No sign-up bonus
- Requires credit union membership
While the Hudson Valley Visa® Platinum Credit Card doesn’t offer rewards or perks, it does offer an intro APR of 0% introductory APR for 12 months. After that, there’s a low ongoing variable 15.50% to 18.00% Variable. So if you can’t pay off your card before the interest-free period ends, you won’t be stuck paying high interest rates on your remaining balance.
- Intro APR offer on purchases and balance transfers
- $0 annual fee
- $0 balance transfer fees
- Emergency services, price protection, return protection and more
- Complimentary 24/7 assistance services
BECU Visa Credit Card*
How LendingTree Rates Credit Cards?
Our experts rate credit cards based on several factors including card benefits, bonus offers and independent research. Credit card issuers do not influence or have a say in our card ratings. Read our credit card methodology here.


How LendingTree Rates Credit Cards?
Our experts rate credit cards based on several factors including card benefits, bonus offers and independent research. Credit card issuers do not influence or have a say in our card ratings. Read our credit card methodology here.Intro balance transfer APR: 0% Intro APR for 12 months on balance transfers then a 13.24% to 24.24% variable APR applies
- $0 annual fee
- $0 balance transfer fee
- $0 cash advance fee
- No rewards
- No sign-up bonus
- Requires credit union membership
The BECU Visa Credit Card gives you a year to pay off your balance transfer before paying a cent of interest, after which any remaining balance will be subject to a 13.24% to 24.24% variable APR. Plus, there are several ways to qualify for membership even if you don’t live in Washington, Oregon or Idaho.
- No annual fee
- No balance transfer fees
- No cash advance fees
- No foreign transaction fees
- Choose from four card designs
Kinecta MyPower Credit Card*
How LendingTree Rates Credit Cards?
Our experts rate credit cards based on several factors including card benefits, bonus offers and independent research. Credit card issuers do not influence or have a say in our card ratings. Read our credit card methodology here.


How LendingTree Rates Credit Cards?
Our experts rate credit cards based on several factors including card benefits, bonus offers and independent research. Credit card issuers do not influence or have a say in our card ratings. Read our credit card methodology here.Balance transfer APR: 5.99% Introductory APR for a period of 18 billing cycles, then a 12.24%-18.00% Variable APR applies
- $0 annual fee
- $10.00 or 3.00% of the amount of each cash advance, whichever is greater balance transfer fee
- No credit union membership required
- No 0% intro APR
- No rewards
- No sign-up bonus
Unlike many of the cards on this list, the Kinecta MyPower Credit Card is accessible to anyone in the U.S. It doesn’t offer a 0% introductory APR period on balance transfers, but the intro APR of 5.99% Introductory APR for a period of 18 billing cycles will help you save on high-interest credit card debt. Once the introductory period ends, you’ll be subject to a low ongoing 12.24%-18.00% Variable APR on any remaining balance.
- Low intro APR on balance transfers
- No annual fees, late fees, balance transfer fees, cash advance fees or foreign transaction fees
- Mastercard ID Theft Protection
- Digital wallet compatibility
Navy Federal Platinum Credit Card*
How LendingTree Rates Credit Cards?
Our experts rate credit cards based on several factors including card benefits, bonus offers and independent research. Credit card issuers do not influence or have a say in our card ratings. Read our credit card methodology here.


How LendingTree Rates Credit Cards?
Our experts rate credit cards based on several factors including card benefits, bonus offers and independent research. Credit card issuers do not influence or have a say in our card ratings. Read our credit card methodology here.Intro balance transfer APR: 0.99% introductory APR for 12 months for balance transfers requested within 60 days of account opening then a 10.99% to 18.00% (variable) APR applies
- $0 annual fee
- $0 balance transfer fee
- Available to people with fair / good / excellent credit
- Military connection required to qualify for credit union membership
- No 0% intro APR
If you have ties to the U.S. Armed Forces, Department of Defense or National Guard, you should consider the Navy Federal Platinum Credit Card. You’ll have a hard time finding a card with lower introductory and ongoing interest rates for your balance transfer. Plus, there are no foreign transaction fees, making the card an excellent choice if you’re traveling abroad.
- 0.99% introductory APR for 12 months for balance transfers requested within 60 days of account opening. Applies to balance transfers requested within 60 days of account opening.
- After the intro period, a 10.99% to 18.00% (variable) APR applies
- No balance transfer fee
- No annual fee
PSECU Visa® Classic*
How LendingTree Rates Credit Cards?
Our experts rate credit cards based on several factors including card benefits, bonus offers and independent research. Credit card issuers do not influence or have a say in our card ratings. Read our credit card methodology here.


How LendingTree Rates Credit Cards?
Our experts rate credit cards based on several factors including card benefits, bonus offers and independent research. Credit card issuers do not influence or have a say in our card ratings. Read our credit card methodology here.Intro balance transfer rate: 2.90% Introductory APR until December 31, 2025, then a 12.90% APR applies
- $0 annual fee
- $0 balance transfer fee
- Potentially high credit limit
- No 0% intro APR
- No rewards
- No sign-up bonus
- Credit union membership required
The PSECU Visa® Classic is a solid choice for Pennsylvania residents who are looking for a no-fee balance transfer card with low rates. Plus you can qualify for a credit line of up to $30,000, making this card potentially a great choice for those who need to transfer a large balance.
- No annual fee
- Free credit score service
- Credit lines of up to $30,000 if qualified
- No balance transfer fee
PFFCU Contactless Rewards Visa*
How LendingTree Rates Credit Cards?
Our experts rate credit cards based on several factors including card benefits, bonus offers and independent research. Credit card issuers do not influence or have a say in our card ratings. Read our credit card methodology here.


How LendingTree Rates Credit Cards?
Our experts rate credit cards based on several factors including card benefits, bonus offers and independent research. Credit card issuers do not influence or have a say in our card ratings. Read our credit card methodology here.Intro balance transfer APR: 0% for 9 months then a 13.40% - 18.00% Variable APR applies
- $0 annual fee
- 0% balance transfer fee
- Earns rewards
- Short intro APR period
- No sign-up bonus
In addition to offering an interest-free period on balance transfers, the PFFCU Contactless Rewards Visa allows you to earn rewards points on every purchase. The card’s low ongoing 13.40% - 18.00% Variable APR on balance transfers will make it less expensive to pay off any remaining balance after the introductory period ends.
- Intro APR offer on purchases and balance transfers
- No balance transfer fee
- No annual fee
- No cash advance fee
- Free access to your FICO score on your statement
- Same-day card issuance at a branch
OnPoint Signature Visa® with Cash Back Rewards*
How LendingTree Rates Credit Cards?
Our experts rate credit cards based on several factors including card benefits, bonus offers and independent research. Credit card issuers do not influence or have a say in our card ratings. Read our credit card methodology here.


How LendingTree Rates Credit Cards?
Our experts rate credit cards based on several factors including card benefits, bonus offers and independent research. Credit card issuers do not influence or have a say in our card ratings. Read our credit card methodology here.Intro balance transfer APR: 4.99% intro APR for 12 months from account opening then a 16.25% - 26.75% Variable APR applies
- No annual fee
- balance transfer fee
- Earns rewards
- No 0% intro APR
- No sign-up bonus
- Credit union membership required
If you live in an eligible location, the OnPoint Signature Visa® with Cash Back Rewards provides the opportunity to get a low intro APR on balance transfers. Plus, you’ll earn Earn 2% cash back on all purchases — a rate that’s competitive with some of our favorite cash back credit cards.
- Earn 2% cash back on every purchase
- Intro APR offers on purchases and balance transfers
- No annual fee
- No foreign transaction fees
- Travel and accident insurance
FourLeaf Mastercard® Low Rate Credit Card*
How LendingTree Rates Credit Cards?
Our experts rate credit cards based on several factors including card benefits, bonus offers and independent research. Credit card issuers do not influence or have a say in our card ratings. Read our credit card methodology here.


How LendingTree Rates Credit Cards?
Our experts rate credit cards based on several factors including card benefits, bonus offers and independent research. Credit card issuers do not influence or have a say in our card ratings. Read our credit card methodology here.Intro balance transfer APR: 2.99% to 4.99% for 12 months then a 12.40% to 18.00% Variable APR applies
- $0 annual fee
- $0 balance transfer fee
- Potentially high credit limit
- No credit union membership required
- No rewards
- No 0% intro APR
- No sign-up bonus
The FourLeaf Mastercard® Low Rate Credit Card is one of the few cards on this list that is available to consumers nationwide. It offers a low intro APR on balance transfers as well as a low ongoing APR once the promotional period ends. It also has the potential to be a great option if you need a high credit limit, since you can qualify for a credit line of up to $35,000.
- Intro APR offers on purchases and balance transfers
- No balance transfer fee
- No annual fee
- No foreign transaction fees
- Credit lines available from $500 to $35,000
Edward Jones Business Plus MasterCard Credit Card*
How LendingTree Rates Credit Cards?
Our experts rate credit cards based on several factors including card benefits, bonus offers and independent research. Credit card issuers do not influence or have a say in our card ratings. Read our credit card methodology here.


How LendingTree Rates Credit Cards?
Our experts rate credit cards based on several factors including card benefits, bonus offers and independent research. Credit card issuers do not influence or have a say in our card ratings. Read our credit card methodology here.Intro balance transfer APR: 0% introductory APR for the first 12 billing cycles for balances transferred within 60 days from account opening then a 19.24%–29.24% Variable Variable APR applies
- $0 annual fee (if you have at least one purchase each year, otherwise $25)
- No balance transfer fee during intro APR period
- Offers rewards and sign-up bonus
- Potentially high regular APR
- Charges balance transfer fee for transfers made after first 60 days
The Edward Jones Business Plus MasterCard Credit Card is a solid choice if you’re a business owner who’s planning to transfer a balance in the first 60 days opening your account. Along with an interest-free period on balance transfers, you’ll get a 0% introductory fee for balances transferred within the first 60 days; after that, 3% of each transferred amount, $5 minimum. Plus, the card offers rewards and valuable perks like travel accident insurance and global emergency services.
- Earn 1.5 Loyalty Points on every net $1 spent up to $40,000 and 2 Loyalty Points on every net $1 spent over $40,000. Redeem them for cash back, travel, gift cards, charitable donations or cash deposits directly into an Edward Jones account.
- Scoreboard Online Reporting - to help you track and manage business expenses.
- Have the support and personalised service of your Edward Jones financial advisor.
CEFCU World Mastercard*
How LendingTree Rates Credit Cards?
Our experts rate credit cards based on several factors including card benefits, bonus offers and independent research. Credit card issuers do not influence or have a say in our card ratings. Read our credit card methodology here.


How LendingTree Rates Credit Cards?
Our experts rate credit cards based on several factors including card benefits, bonus offers and independent research. Credit card issuers do not influence or have a say in our card ratings. Read our credit card methodology here.Intro balance transfer APR: 1.99% APR for 12 months on balance transfers then a Variable 13.75% - 23.25% Variable applies
- $0 annual fee
- balance transfer fee
- Earns rewards
- No 0% intro APR
- Rewards have limited redemptions
The CEFCU World Mastercard may be ideal if you plan to travel after paying off your transferred debt. In addition to its intro APR offers, you’ll get elevated rewards on travel purchases, including fuel, dining and hotels. You’ll also enjoy a handful of travel perks, like concierge service and special offers from Mastercard.
- 1.99% APR for 12 months on balance transfers, then 13.75% - 23.25% Variable
- No balance transfer fee
- No annual fee
- Earn bonus points on select transactions — like fuel, dining, and hotels.
- Enjoy luxury travel perks.
- Use concierge service for travel planning and more.
- Receive special offers from Mastercard — like lodging, travel, and cruises.
CEFCU Cash Back Credit Mastercard*
How LendingTree Rates Credit Cards?
Our experts rate credit cards based on several factors including card benefits, bonus offers and independent research. Credit card issuers do not influence or have a say in our card ratings. Read our credit card methodology here.


How LendingTree Rates Credit Cards?
Our experts rate credit cards based on several factors including card benefits, bonus offers and independent research. Credit card issuers do not influence or have a say in our card ratings. Read our credit card methodology here.Intro balance transfer APR:1.99% introductory APR for 12 months on balance transfers then a 14.75%-24.25% Variable APR applies
- $0 annual fee
- balance transfer fee
- Earns unlimited rewards
- No intro 0% APR
- Rewards have limited redemptions
The CEFCU Cash Back Credit Mastercard offers an intro APR on balance transfers for a year before the ongoing 14.75%-24.25% Variable APR kicks in. It’s a card worth having even after you pay off your balance — you’ll earn 1.5% cash back on every purchase.
- 1.99% introductory APR for 12 months on balance transfers, then 14.75%-24.25% Variable
- No balance transfer fee
- No annual fee
- Earn 1.5% cash back on every qualifying purchase
- Collect earned cash two ways; as a statement credit, or deposit to your CEFCU Savings or Checking account
CEFCU Rewards Credit Mastercard*
How LendingTree Rates Credit Cards?
Our experts rate credit cards based on several factors including card benefits, bonus offers and independent research. Credit card issuers do not influence or have a say in our card ratings. Read our credit card methodology here.


How LendingTree Rates Credit Cards?
Our experts rate credit cards based on several factors including card benefits, bonus offers and independent research. Credit card issuers do not influence or have a say in our card ratings. Read our credit card methodology here.Intro balance transfer APR: 1.99% for 12 months on balance transfers then a Variable 13.75%-23.25% Variable applies
- $0 annual fee
- $0 balance transfer fee
- Lowest regular balance transfer APR of the CEFCU cards
- No 0% intro APR
- No rewards
The CEFCU Rewards Credit Mastercard is a fair choice if you’re looking to transfer your high-interest debt to a card with a low interest rate. Plus you’ll earn rewards on every purchase.
- 1.99% for 12 months on balance transfers, then 13.75%-23.25% Variable
- No balance transfer fee
- No annual fee
- Earn 1 point for every dollar of net purchases on your card.
- Redeem points online for gift cards, airline tickets (with no blackout dates), vacation packages, or merchandise.
How to qualify for a no fee balance transfer credit card
The best no-fee balance transfer credit cards are issued by credit unions, which require membership for all cardholders. Becoming a member can be tricky if you don’t live near a particular credit union or work for a qualifying organization, like the military or an affiliated company. That said, here are some workarounds you can try:
- Apply with a family member who lives near the credit union. Many credit unions restrict eligibility based on location, but some allow you to join through family members who live in an eligible city, county or state.
- Qualify through professional, religious or cultural affiliations. Many credit unions cater to specific groups, like teachers, tradespeople and members of specific faith and cultural groups. Do a quick online search for credit unions that offer membership to groups you identify with.
- Fulfill other membership requirements. Some credit unions offer membership to people who open accounts with them or who donate to partner organizations. For instance, you can join Bethpage Federal Credit Union by opening a savings account with a $5 minimum deposit.
Best balance transfer credit cards with long 0% APRs
The following balance transfer credit cards are worth considering despite charging balance transfer fees. In general, they’re easier to qualify for because they’re issued by national banks rather than credit unions. They also provide longer 0% interest introductory periods, which could help you save thousands on interest payments if you’re able to pay off your balance before the intro period ends. Plus, many of them offer rewards, making them valuable long after you’ve paid off your balance.
Citi Double Cash® Card
How LendingTree Rates Credit Cards?
Our experts rate credit cards based on several factors including card benefits, bonus offers and independent research. Credit card issuers do not influence or have a say in our card ratings. Read our credit card methodology here.


How LendingTree Rates Credit Cards?
Our experts rate credit cards based on several factors including card benefits, bonus offers and independent research. Credit card issuers do not influence or have a say in our card ratings. Read our credit card methodology here.Intro APR of 0% intro apr for 18 months on balance transfers, then 18.24% - 28.24% (variable).
- $0 annual fee
- Intro APR on balance transfers
- Cash back on every purchase
- Balance transfer fee
- No intro APR on purchases
- Foreign transaction fee
Potential savings: $1,162
You’ll have a hard time finding a better cash back balance transfer card than the Citi Double Cash® Card. In addition to its long intro APR on balance transfers, it earns a high rate of cash back. You earn 2% on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases. To earn cash back, pay at least the minimum due on time. Plus, earn 5% total cash back on hotel, car rentals and attractions booked with Citi Travel.
- Earn $200 cash back after you spend $1,500 on purchases in the first 6 months of account opening. This bonus offer will be fulfilled as 20,000 ThankYou® Points, which can be redeemed for $200 cash back.
- Earn 2% on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases. To earn cash back, pay at least the minimum due on time. Plus, earn 5% total cash back on hotel, car rentals and attractions booked with Citi Travel.
- Balance Transfer Only Offer: 0% intro APR on Balance Transfers for 18 months. After that, the variable APR will be 18.24% - 28.24%, based on your creditworthiness.
- Balance Transfers do not earn cash back. Intro APR does not apply to purchases.
- If you transfer a balance, interest will be charged on your purchases unless you pay your entire balance (including balance transfers) by the due date each month.
- There is an intro balance transfer fee of 3% of each transfer (minimum $5) completed within the first 4 months of account opening. After that, your fee will be 5% of each transfer (minimum $5).
Citi Simplicity® Card
How LendingTree Rates Credit Cards?
Our experts rate credit cards based on several factors including card benefits, bonus offers and independent research. Credit card issuers do not influence or have a say in our card ratings. Read our credit card methodology here.


How LendingTree Rates Credit Cards?
Our experts rate credit cards based on several factors including card benefits, bonus offers and independent research. Credit card issuers do not influence or have a say in our card ratings. Read our credit card methodology here.Intro APR of 0% intro apr for 21 months on balance transfers, then 18.24% - 28.99% (variable).
- $0 annual fee
- No late fees or penalty APR
- Intro APR on purchases
- Long transfer window
- Balance transfer fee
- No rewards program
- Foreign transaction fees
Potential savings: $1,180
The Citi Simplicity® Card offers an exceptionally long intro APR of 0% intro apr for 21 months on balance transfers, followed by a 18.24% - 28.99% (variable) APR. It doesn’t assess late fees or a penalty APR if you pay your bill late. This can be a huge relief if you accidentally miss your bill due date (though we recommend always paying your bill on time).
- No Late Fees, No Penalty Rate, and No Annual Fee... Ever
- 0% Intro APR on balance transfers for 21 months and on purchases for 12 months from date of account opening. After that the variable APR will be 18.24% - 28.99%, based on your creditworthiness. Balance transfers must be completed within 4 months of account opening.
- There is an intro balance transfer fee of 3% of each transfer (minimum $5) completed within the first 4 months of account opening. After that, your fee will be 5% of each transfer (minimum $5).
- Stay protected with Citi® Quick Lock
BankAmericard® Credit Card for Students*
How LendingTree Rates Credit Cards?
Our experts rate credit cards based on several factors including card benefits, bonus offers and independent research. Credit card issuers do not influence or have a say in our card ratings. Read our credit card methodology here.


How LendingTree Rates Credit Cards?
Our experts rate credit cards based on several factors including card benefits, bonus offers and independent research. Credit card issuers do not influence or have a say in our card ratings. Read our credit card methodology here.0% Intro APR for 18 billing cycles for any balance transfers made in the first 60 days, then 15.24% - 25.24% Variable APR.
- Long intro APR for purchases
- $0 annual fee
- Access to your credit score
- Balance transfer fee
Potential savings: $1,164
The BankAmericard® Credit Card for Students is our top balance transfer credit card for students who want to consolidate debt. You’ll have over a year to pay off your balance transfer interest-free before paying a 15.24% - 25.24% Variable APR. Plus, you’ll have ongoing access to your credit score and other educational tools, so you can learn how to manage your finances responsibly.
- 0% Introductory APR for 18 billing cycles for purchases, and for any balance transfers made in the first 60 days. After the intro APR offer ends, 15.24% - 25.24% Variable APR will apply. A 3% fee applies to all balance transfers.
- No annual fee.
- No penalty APR. Paying late won't automatically raise your interest rate (APR). Other account pricing and terms apply.
- When handled responsibly, a credit card can help you build your credit history, which could be helpful when looking for an apartment, a car loan, and even a job. Access your FICO® Score for free within Online Banking or your Mobile Banking app.
- Contactless Cards - The security of a chip card, with the convenience of a tap.
- This online only offer may not be available if you leave this page or if you visit a Bank of America financial center. You can take advantage of this offer when you apply now.
Bank of America® Unlimited Cash Rewards credit card
How LendingTree Rates Credit Cards?
Our experts rate credit cards based on several factors including card benefits, bonus offers and independent research. Credit card issuers do not influence or have a say in our card ratings. Read our credit card methodology here.


How LendingTree Rates Credit Cards?
Our experts rate credit cards based on several factors including card benefits, bonus offers and independent research. Credit card issuers do not influence or have a say in our card ratings. Read our credit card methodology here.0% Intro APR for 15 billing cycles for any balance transfers made in the first 60 days, then 18.24% - 28.24% Variable APR on balance transfers.
- Long intro APR on balance transfers
- Long intro APR on purchases
- Unlimited cash back
- $0 annual fee
- Balance transfer fee
- Short window to make balance transfers
Potential savings: $1,162
The Bank of America® Unlimited Cash Rewards credit card has a long introductory offer on balance transfers and purchases. Plus, it’s worth keeping around after you pay off your balance transfer — thanks to the unlimited 2% cash back on purchases for the first year from account opening. Thereafter, you'll earn unlimited 1.5% cash back on all purchases.
- $200 online cash rewards bonus after you make at least $1,000 in purchases in the first 90 days of account opening.
- New Offer! Earn 2% cash back on purchases for the first year from account opening, with no limit to the amount of cash back you can earn.
- Thereafter, you’ll earn unlimited 1.5% on all purchases, with no expiration on rewards as long as your account remains open.
- With the Bank of America Preferred Rewards® program, members can earn 25%-75% more cash back on every purchase. That means you could earn 1.87%-2.62% cash back with Preferred Rewards. The Preferred Rewards bonus does not apply to the .5% first-year bonus.
- No annual fee.
- 0% Intro APR for 15 billing cycles for purchases, and for any balance transfers made in the first 60 days. After the Intro APR offer ends, a Variable APR that’s currently 18.24% - 28.24% will apply. A 3% Intro balance transfer fee will apply for the first 60 days your account is open. After the Intro balance transfer fee offer ends, the fee for future balance transfers is 4%. Balance transfers may not be used to pay any account provided by Bank of America.
- Contactless Cards - The security of a chip card, with the convenience of a tap.
- This online only offer may not be available if you leave this page or if you visit a Bank of America financial center. You can take advantage of this offer when you apply now.
Bank of America® Customized Cash Rewards credit card
How LendingTree Rates Credit Cards?
Our experts rate credit cards based on several factors including card benefits, bonus offers and independent research. Credit card issuers do not influence or have a say in our card ratings. Read our credit card methodology here.


How LendingTree Rates Credit Cards?
Our experts rate credit cards based on several factors including card benefits, bonus offers and independent research. Credit card issuers do not influence or have a say in our card ratings. Read our credit card methodology here.0% Intro APR for 15 billing cycles for any balance transfers made in the first 60 days Then, a 18.24% - 28.24% Variable APR on balance transfers applies
- Lengthy intro APR period for balance transfers
- Accelerated cash back rewards in category of your choice
- $0 annual fee
- Balance transfer fee
- Short window to make balance transfers
- $2,500 combined spending cap on 3% and 2% categories each quarter
Potential savings: $1,162
Like the Bank of America® Unlimited Cash Rewards credit card, the Bank of America® Customized Cash Rewards credit card gives you more than a year to pay off your balance transfer interest-free. It also lets you earn 6% cash back for the first year in the category of your choice, 2% cash back at grocery stores and wholesale clubs, and unlimited 1% cash back on all other purchases. After the first year from account opening, you’ll earn 3% cash back on purchases in your choice category. Earn 6% and 2% cash back on the first $2,500 in combined purchases each quarter in the choice category, and at grocery stores and wholesale clubs, then earn unlimited 1% thereafter. After the 3% first-year bonus offer ends, you will earn 3% and 2% cash back on these purchases up to the quarterly maximum..
- New offer! Earn 6% cash back for the first year in the category of your choice: gas and EV charging stations; online shopping, including cable, internet, phone plans and streaming; dining; travel; drug stores and pharmacies; or home improvement and furnishings. You’ll automatically earn 2% cash back at grocery stores and wholesale clubs, and unlimited 1% cash back on all other purchases. After the first year from account opening, you’ll earn 3% cash back on purchases in your choice category.
- Earn 6% and 2% cash back on the first $2,500 in combined purchases each quarter in the choice category, and at grocery stores and wholesale clubs, then earn unlimited 1% thereafter. After the 3% first-year bonus offer ends, you will earn 3% and 2% cash back on these purchases up to the quarterly maximum.
- $200 online cash rewards bonus after you make at least $1,000 in purchases in the first 90 days of account opening.
- With the Bank of America Preferred Rewards® program, members can earn 25%-75% more cash back on every purchase. That means the 3% choice category could go up to 3.75%-5.25%. The Preferred Rewards bonus is not applied to the 3% first-year bonus.
- No annual fee and cash rewards don’t expire as long as your account remains open.
- 0% Intro APR for 15 billing cycles for purchases, and for any balance transfers made in the first 60 days. After the Intro APR offer ends, a Variable APR that’s currently 18.24% - 28.24% will apply. A 3% Intro balance transfer fee will apply for the first 60 days your account is open. After the Intro balance transfer fee offer ends, the fee for future balance transfers is 4%. Balance transfers may not be used to pay any account provided by Bank of America.
- Contactless Cards - The security of a chip card, with the convenience of a tap.
- This online only offer may not be available if you leave this page or if you visit a Bank of America financial center. You can take advantage of this offer when you apply now
What is a balance transfer credit card?
Balance transfer credit cards offer 0% introductory APR periods on balance transfers ranging from 6 to 21 months. This means that every penny of your monthly payments will go toward your balance during the promotional interest-free period. The best cards for balance transfers help you save money by waiving balance transfer fees (typically 3% to 5% of the amount of each transfer) or offering long interest-free introductory periods to pay off your balance.
There are limitations to consider. You can’t transfer balances between cards from the same credit card company, or issuer. For example, you can’t transfer a balance from one Citi card to another Citi card. You’ll also need to make your transfer within a set time limit in order to take advantage of the promotional interest rate. This time limit is called a balance transfer window, and it’s typically 60 days from the date you open your account.
What is a balance transfer fee?
A balance transfer fee is exactly what it sounds like — a fee you pay every time you transfer a balance to a new card. Balance transfer fees are typically 3% or 5% of the amount of each transfer (with a minimum fee of either $5 or $10).
How do balance transfer fees work?
When you transfer an existing balance to a card that charges a balance transfer fee, the fee will be added to your balance at the time of the transfer. So instead of paying the balance transfer fee upfront, you can pay it off over time as you pay down your transferred balance.
The balance transfer fee will reduce the amount you’re allowed to transfer. For example, let’s say you’re approved to transfer a maximum of $5,000 to a card with a 3% balance transfer fee. The balance transfer fee of $150 ($5,000 x 3% = $150) will lower the amount you can transfer to $4,850 ($5,000 – $150 = $4,850).
How much can you save with no balance transfer fee?
The main benefit of a no-balance transfer fee credit card is that you’ll save money by avoiding the balance transfer fee. These fees generally range from 3% to 5%, which means you would save between $180 and $300 on a $6,000 balance.
A card with no balance transfer fee can often save you more than transferring to a card with a longer intro period, especially considering that the ongoing interest rates on these cards also tend to be lower. As you can see in the comparison table below, the no-balance transfer fee card has a lower overall cost for transferring and paying down a balance compared to the card with a longer 0% APR.
Card A (balance transfer fee) | Card B (0% transfer fee) | |
---|---|---|
Intro APR | 0% for 21 months | 0% for 12 months |
Regular APR | 22% | 14% |
BT fee | 3% | 0% |
Cost to transfer $6,000 balance | $180 | $0 |
Interest paid ($300 monthly payment) | $0 | $137 |
Overall cost | $180 | $137 |
How to calculate a balance transfer fee
Calculating how much a balance transfer fee will cost you is pretty straightforward. Simply multiply the amount you plan to transfer by the balance transfer fee. For example, if you want to transfer a $10,000 balance to a card that charges a 5% balance transfer fee, the fee will equal $500 ($10,000 x 5% = $500).
As mentioned earlier, the balance transfer fee will be subtracted from the initial amount you’re allowed to transfer — reducing that amount to $9,500 ($10,000 – $500 = $9,500).
Pros and cons of no-balance transfer fee cards
- Can potentially save you thousands in balance transfer fees and interest payments
- Offer a promotional interest-free introductory period for an extended period of time
- Can help you consolidate credit card debt from several cards to one with a long interest-free period
- May have high ongoing interest rates after intro APR ends
- Can have low credit limits, which could limit the amount you can transfer
- May deny applicants who have fair or poor credit
How to choose a balance transfer credit card
There are a few things to look for when it comes to choosing a balance transfer credit card. In addition to choosing a card with no or a low balance transfer fee, you’ll also want to make a plan to pay off the total amount of the transfer within the promotional period. You’ll be charged interest on any balance remaining after the promotional period ends.
A no-balance transfer fee credit card is a good choice if: | A no-balance transfer fee credit card is a bad choice if: |
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How to do a balance transfer
After you’re approved for a balance transfer credit card, you’ll need to initiate the transfer online or by phone with the new credit card company. Be ready to provide information about the account where you currently owe a balance, including:
- The name of the credit card company
- The account number
- The amount you want to transfer
You should remain current on your existing credit card payments until you receive confirmation that your transfer has been completed. It may take up to three weeks for your balance to transfer.
Balance transfer guides by bank
Frequently asked questions
To avoid paying interest on your balance transfer, you’ll need a credit card that offers a long 0% APR introductory period on balance transfers. Generally, you will find longer introductory offers with cards that charge a balance transfer fee. If you’re transferring a large balance, the money you’ll save on interest payments will offset the balance transfer fee if you’re able to pay off the card before the introductory period ends.
Major banks like Chase and Bank of America don’t offer balance transfer credit cards with no transfer fees. Most no-fee balance transfer credit cards come from credit unions, which may be available regionally or have restrictions to qualify.
Depending on the issuer, a balance transfer can take several weeks to process. With Chase balance transfers, for example, most transfers are processed within one week; however, they may take up to 21 days. Similarly, the typical American Express balance transfer takes five to seven days, though some can take up to six weeks.
When you apply for a new balance transfer credit card, a hard inquiry will appear on your credit report. This will lower your credit score by a few points and will remain on your credit report for two years, although the negative impact will lessen over time.
On the other hand, having more available credit can decrease your total credit utilization ratio, which may improve your credit score. As you make regular on-time payments to pay off your debt, you will likely see your credit score increase over time.
To get a balance transfer credit card that offers free balance transfers, simply find a card and apply. For the best chance of being approved for a credit card, make sure your credit score falls within the card’s recommended credit range.
Methodology
How we chose the best balance transfer credit cards with no fee
To bring you our list of best balance transfers cards with no fee, we use an objective rating and ranking system that compares features across a large set of credit cards (over 200 of them from over 50 issuers). We use calculations to estimate the value of each card for the average cardholder, based on LendingTree and U.S. Bureau of Labor data.
- Intro offer savings (90% of rating): We calculate the amount you’ll save on a balance transfer, based on the length of the introductory period. We assume a transfer amount of $6,000 and a monthly payment of $300. We subtract balance transfer fees, annual fees and the amount paid on interest for any amount left over after the introductory period expires.
- Ongoing value (10% of rating): We also consider the yearly value in rewards for the average cardholder, minus the card’s annual fee. For nonrewards cards, this value will be $0, or less than $0 if the card charges an annual fee.
Note, that our ratings are a starting point for comparing and choosing the best balance transfer credit cards. However, your balance transfer needs may be different from the average cardholder. You should consider the amount you’re likely to transfer and which benefits you value to choose the best card for you.
The information related to the ESL Visa® Credit Card, Hudson Valley Visa® Platinum Credit Card, BECU Visa Credit Card, Kinecta MyPower Credit Card, Navy Federal Platinum Credit Card, PSECU Visa® Classic, PFFCU Contactless Rewards Visa, OnPoint Signature Visa® with Cash Back Rewards, FourLeaf Mastercard® Low Rate Credit Card, Edward Jones Business Plus MasterCard Credit Card, CEFCU World Mastercard, CEFCU Cash Back Credit Mastercard, CEFCU Rewards Credit Mastercard, BankAmericard® Credit Card for Students and Wings Visa Platinum Credit Card has been independently collected by LendingTree and has not been reviewed or provided by the issuer of this card prior to publication. Terms apply.
The content above is not provided by any issuer. Any opinions expressed are those of LendingTree alone and have not been reviewed, approved, or otherwise endorsed by any issuer. The offers and/or promotions mentioned above may have changed, expired, or are no longer available. Check the issuer's website for more details.