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) Citi Platinum Select Mastercard - 0% APR for up to 12 months on both balance transfers and purchases. Balance transfer fee is 3% with a $5 minimum. No annual fee. A very flexible offer, as you can both transfer a balance and also keep charging things on it.
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 a max $75 balance transfer fee 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) Citi Forward Card - No annual fee, 0% APR for 6 months on purchases and balance transfers, 3% balance transfer fee. If you make just $50 in purchases and electing for paperless statements within 3 months of account opening, you also get 11,000 ThankYou points, which are enough for $100 in gift cards at various stores. You can also trade for cash or other rewards.
4) 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.
