Best No Fee 0% APR Balance Transfer Offers (Updated!!)
More than a few people have asked about some good 0% APR Balance Transfer offers available with no fees or low fees, in response to my guide on How To Make Money From 0% APR Balance Transfers.
I’ve looked at over a hundred cards online, scoured the “Terms & Conditions” fine print, and these are the best that I’ve found with the longest 0% APR periods and the lowest fees. I’ve tried to include a variety of card issuers - and have highlighted the important details in the fine print. Just click on the card name to go directly to the correct offer and card application. Get ‘em while they last in this credit crunch.
1) Discover More Card - American Flag - No annual fee, 0% APR on balance transfers for *12 months*, 0% APR on purchases for 6 months. 5% balance transfer fee.
Discover More cards have a rewards program with this card which gives 5% Cash Back awards on purchases in rotating categories each quarter.
2) Miles Card By Discover - No annual fee, 0% APR on balance transfer AND purchases for 6 months, 3% balance transfer fee.
Although there is no balance transfer fee cap with this offer, it does offer a bonus of 12,000 miles. With just 10,000 miles, you can get either (1) a $100 cash credit towards any travel purchase, like a plane ticket or hotel stay, (2) a $100 Gift Card to various stores, or (3) $50 cash credited to your account. Thus, your effective balance transfer fee can be great reduced.
3) Discover More Card - No annual fee, 0% APR on balance transfer AND purchases for 6 months, 3% balance transfer fee. In addition, you get a $50 cashback bonus after making $500 in purchases with your card. This is good since the 0% rate applies to purchases as well, you won’t be racking up any interest charges.
4) Citi Platinum Select Mastercard - 0% APR on both balance transfers and purchases for 6 months. A flexible offer, as you can both transfer a balance and also keep charging things on it for the entire introductory period. Balance transfer fee is 3% with a $5 minimum. No annual fee.
