Best No Fee 0% APR Balance Transfer Offers of 2012 (Up to 18 Months)

More than a few people have asked about some good 0% APR Balance Transfer offers, and the ability to save tons of interest with no fee offers or even many low fee offers.

I’ve looked at hundreds of cards online, scoured the “Terms & Conditions” fine print, and the listed ones below are the best that I’ve found with the longest 0% APR periods and the lowest fees. It’s been really hard to avoid all fees these days, but they can still be found occasionally, and even with a small fee the overall APR can still be very low with a nice long balance transfer term. 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. Updated as of February 2012.

1) Citi Platinum Select MasterCard – 0% APR on balance transfers and purchases for 18 months. That’s nearly 2 years at 0% interest for balance transfers and purchases! An exceptionally long and flexible offer, as you can both transfer a balance and also keep charging purchases on it during the introductory period. Balance transfer fee is 3% with a $5 minimum. No annual fee.

2) Discover More Card No Balance Transfer Fee – 0% APR on purchases and balance transfers for 12 months and NO balance transfer fee! No annual fee. Discover More Cards also have a rewards program which gives 5% Cash Back awards on purchases in rotating categories like travel, gas, groceries, restaurants, and home improvement stores. Up to 1% unlimited Cashback Bonus on all other purchases.

3) Capital One Platinum Prestige Credit Card – 0% APR on purchases and balance transfers until May 2013! No annual fee. The Capital One Platinum Prestige includes a very low 10.9% – 18.9% variable APR after that.  The balance transfer fee is 3% with no balance transfer minimum fee and this card includes travel accident insurance and auto rental insurance … two additional perks for MasterCard holders.

4) Slate from Chase – Limited Time: No Balance Transfer Fee – Intro 0% APR on balance transfers and purchases for 12 months and NO balance transfer fee! With no balance transfer fee, the Slate from Chase is offering interest free payments for up to 12 months with no catch and no annual fee. The 0% intro APR is also extended on purchases for 12 months and once the intro rate has expired, the purchase APR becomes 11.99% – 21.99% variable.

5) Citi Diamond Preferred Card – 0% APR on balance transfers and purchases for 18 months, after that, the APR becomes 11.99%-21.99% based upon your creditworthiness. You can transfer a balance and also keep charging purchases on it without paying any interest during the 0% introductory period. The balance transfer fee is 3% with a $5 minimum, and you get 24/7 access to personalized concierge service providing assistance in booking hotel, flights, concert tickets. No annual fee.

6) Citi Dividend Platinum Select Visa Card – $100 Cash Back – 0% APR on balance transfers and purchases for 12 months. Balance transfer fee is 3% with a $5 minimum. No annual fee.  And for a limited time, they are also offering an additional $100 cash back after $500 in purchases within the first 3 months of account opening.  There is also a cashback rewards program with this card that provides a 5% cashback award in rotating categories, in addition to a 1% award on all other purchases. Right now, there is 5% cash back on Fitness club, health care and utilities purchases from 1/1/2012 to 3/31/2012 upon enrollment. See application link above for details.

7) Chase Freedom Visa – $100 Bonus Cash Back – 0% APR on balance transfers for 12 months; 0% APR on purchases for 6 months.  3% balance transfer fee, $5 minimum. You’ll get a $100 cash back after you make $500 in purchases within 3 months. This is handy since a $100 bonus can really help offset any balance transfer fees.  The rewards program includes 5% bonus cash back in popular, rotating categories. From 1/1/12 – 3/31/12  get 5% cash back on up to $1,500 spent at Gas Stations and Amazon.com.