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Posted January 4, 2017 by Shane Tripcony in Blog
 
 

Best 0% Balance Transfer Credit Card Offers for 2017



If you just started 2017 with a bit of a debt hangover and are looking for some great suggestions on where to transfer that irksome high balance on your credit card or cards, we just published our top picks for 0% balance transfer cards.

Whether you are looking for a break from current interest rates with a 0% APR for only 6 months or up to 18 or 21 months, you will find a card listed below or on our partner site, CardRatings.com.

Best 0% Balance Transfer Credit Card Offers for 2017

Top Cards: Chase Slate and Citi Simplicity

These are two well worth considering for balance transfers. Chase Slate* offers 0% APR for 15 months on both purchases and balance transfers, and transfers are done with no balance transfer fee, making it a rare offer among the nationally issued cards. The Citi® Simplicity® Card* offers 0% APR for even longer at 21 months, but does come with an industry standard 3% balance transfer fee.

What to Look For:
When trying to reduce the interest you are currently paying for, the key things to look for are: how long the low rate will last, how much does it cost to transfer the balance or balances and whether you already have a card from that issuer. Usually, balance transfer introductory offers are only offered to new cardholders. If you already carry a card from that card issuer, they may not be interested in approving the card to transfer balances.

Compare Your Options

  • Chase Slate®: 0% for 15 months for purchases and balance transfers with no balance transfer fee; transfers must be started in the first 60 days of account opening; no annual fee; free access to monthly FICO score
  • Discover it® Cashback Match™ 0% for 14 months on purchases and balance transfers; double cash back the first year for new cardholders; no annual fee; free monthly FICO score
  • Wells Fargo Platinum Visa® Credit Card 0% for 15 months on purchases and balance transfers; up to $600 cell phone protection; free FICO score; no annual fee
  • Citi Simplicity® Card – No Late Fees Ever: 0% for 21 on purchases and balance transfers; balance transfer fee of 3% or $5, whichever is greater; no annual fee

NOTE: Be aware that all credit card review sites are not created equal! Click here to see why we believe we are the most objective in the field. Also, many financial experts are predicting multiple rate increases in 2017 from the Feds. With the potential for higher rates, now is a good time to lock in a 0% interest rate and begin paying down your credit card debt.

Discover

Discover offers two products that are great for balance transfers, the Discover it* card which offers 0% on balance transfers for 18 months and 6 months for purchases. Their Discover it Cashback Match* card offers 0% for both balance transfers and purchases for 14 months.



Wells Fargo

Wells Fargo Platinum Visa® Credit Card*: Wells Fargo also offers a 15 month 0% offer for both balance transfers and purchases.

SunTrust

SunTrust offers two cards with a dual 15 month 0% offer as well for both balance transfers and purchases with their SunTrust Cash Rewards MasterCard and their Travel Rewards MasterCard.

Santander Bank

Santander Sphere® Signature Card: Although this has a bit higher fee for balance transfers at 4%, we feel it is definitely worth mentioning as it is currently running the longest low introductory rate offer at 0% APR for 24 months. Although the balance transfer fee is a bit higher than others, having an additional 3 months at 0% may more than makeup for the difference in the upfront fee cost. After all, you can pay off quite a bit of debt in three months.

Other Offers to Consider

Some other offers to consider include the following:

U.S. Bank Visa Platinum Card: 12 months 0% for Balance Transfers and Purchases; 3% Balance Transfer Fee

PNC Points by PNC Bank: 12 months 0% for Balance Transfers and Purchases; 3% Balance Transfer Fee

BankAmericard Cash RewardsTM Credit Card*: 12 months 0% for Balance Transfers and Purchases; 3% Balance Transfer Fee

Alliant Credit Union Visa Platinum Card: 12 months 0% for Balance Transfers; 0% Balance Transfer Fee

Capital One® QuickSilverONE® Rewards*: 9 months 0% for Balance Transfers and Purchases; 0% Balance Transfer Fee; $39.00 Annual Fee

Capital One® QuickSilver® Rewards*: 9 months 0% for Balance Transfers and Purchases; 3% Balance Transfer Fee

Amex EveryDay® Credit Card*: 12 months 0% for Balance Transfers and Purchases; 3% Balance Transfer Fee

Elements Financial Platinum Visa Credit Card: 6 months 0% for Balance Transfers and Purchases; 3% Balance Transfer Fee

Elements Financial Cash Rewards Visa Credit Card: 6 months 0% for Balance Transfers and Purchases; 3% Balance Transfer Fee

Elements Financial Signature Rewards Visa Credit Card: 6 months 0% for Balance Transfers and Purchases; 3% Balance Transfer Fee

Compare Your Options

  • Chase Slate®: 0% for 15 months for purchases and balance transfers with no balance transfer fee; transfers must be started in the first 60 days of account opening; no annual fee; free access to monthly FICO score
  • Discover it® Cashback Match™ 0% for 14 months on purchases and balance transfers; double cash back the first year for new cardholders; no annual fee; free monthly FICO score
  • Wells Fargo Platinum Visa® Credit Card 0% for 15 months on purchases and balance transfers; up to $600 cell phone protection; free FICO score; no annual fee
  • Citi Simplicity® Card – No Late Fees Ever: 0% for 21 on purchases and balance transfers; balance transfer fee of 3% or $5, whichever is greater; no annual fee

Local and Regional Offers

TruWest Credit Union Visa Platinum: 18 months 0% for Balance Transfers and Purchases; 3% Balance Transfer Fee

TruWest Credit Union Platinum Points Visa Rewards Credit Card: 18 months 0% for Balance Transfers and Purchases; 3% Balance Transfer Fee

TruWest Credit Union Visa Signature Card: 18 months 0% for Balance Transfers and Purchases; 3% Balance Transfer Fee

Arkansas Federal Credit Union Diamond Preferred Rewards Visa: 6 months 0% for Balance Transfers and Purchases; 0% Balance Transfer Fee

Arkansas Federal Credit Union Platinum Classic Visa: 6 months 0% for Balance Transfers and Purchases; 0% Balance Transfer Fee

First Tennessee Platinum Premier Visa: 12 months 0% for Balance Transfers and Purchases; 4% Balance Transfer Fee

First Tennessee Visa Signature: 12 months 0% for Balance Transfers and Purchases; 4% Balance Transfer Fee

First Tennessee Visa Classic: 12 months 0% for Balance Transfers and Purchases; 4% Balance Transfer Fee



OTHER RESOURCES

Best Rated 0% Balance Transfer Credit Card Offers for 2016 (Part 1 of 2)

Best No Interest or 0% Credit Cards for Purchases and Balance Transfers for Oct. 2016: Part 2

The 12 Best Balance Transfer Credit Card Offers of 2016: Longest Terms

Our Ratings/Disclaimer:

When reviewing these cards, we do our best to put ourselves in your shoes. We choose cards based on such things as (lack of) fees, finance charges and ease of use. In other words, if we wouldn’t use these cards ourselves, we wouldn’t recommend them!

* NOTE: About 40% of the credit card offers that appear in this article are from credit card companies from which we receive financial compensation (these cards are listed as such on our site). They are noted above with an asterisk. We are proud that the majority of cards that we list (about 60%) are cards that don’t advertise with us―- almost all of our competitors ONLY list cards that advertise with them.

The bottom line is that we don’t know of another site that prominently lists as many non-advertiser cards! Please note that rates are current as of the publishing date of this article and should be verified prior to applying.


Shane Tripcony