Best Balance Transfer Credit Card 2020
Top 4 Credit Card for Balance Transfers 2020:
About Balance Transfer Credit Cards
In your debt busting arsenal, a balance transfer card can be a very useful tool. You can save a lot of money on your payments, just by using the 0% APR offers on a credit card. An old balance transfer credit card might not help you to reach your goal. For the balance transfer, usually, the general credit cards charge the fees from 3% to 5%. Before applying for the balance transfer credit card, make sure that you are saving some money on your credit card.
Best Balance Transfer Credit Cards:
Citi Double Cash Card
The Citi Double Cash Card is one of the best cards in the market. It comes with the 0% APR balance transfer offer. You will also get some other Citi perks including the concierge services. In this card, you can also combine your earnings with other Citibank rewards cards.
Annual Fee: $0
Balance Transfer Offer:
You will get 0% intro APR for the balance transfer, for the first 18 months from the day of your account opening. Make sure to complete all the balance within the four months from the day of your account opening. After that, you will be charged from 13.99% to 23.99%, depending on your creditworthiness.
Balance Transfer Fee:
For the balance transfer, using the Citi Double Cash Card, you will be charged 3% of the amount or at least $5 minimum.
Other Benefits and Drawbacks:
Citi Double Cash Card comes with a very promising promotional period. In this card, you can earn 2% cash back on purchases. 1% you will get on purchase and another 1% you will get at the time of making the payment.
Apply: Citi Double Cash Card
Citi Simplicity Card:
If you are looking for a long runway balance transfer credit card, then you can check the Citi Simplicity Card. It comes with almost two years of interest-free. Among the balance transfer credit cards, Citi Simplicity Card would be an excellent choice.
Annual Fee: $0.
Balance Transfer Offers:
For the first 18 months from the date of your first transfer, your balance transfer APR will be 0%. After that 18 months, your intro APR for the balance transfer will be 14.74% to 24.74%, depending on your creditworthiness. Make sure to complete your balance transfer within the first 4 months of your account opening.
Balance Transfer Fee:
For the balance transfer, you will be charged 3% of the amount you transfer or at least $5 minimum.
Other Benefits:
The great thing about this card is no annual fee, no late payment fee, and no penalty fees. Here in this card, you will get the Citi perks, including the Citi Concierge service.
Apply: Citi Simplicity Card
Wells Fargo Cash Wise Visa Card:
Wells Fargo Cash Wise Visa Card is one of the best cards that will stay in your wallet for a long time after the intro APR periods end. In this card, you can earn $150 cash rewards on spending $500 within the first 3 months. Because this card comes with 1.5% cashback on all purchases and there will be no categories to track and no limits to your earnings. During the first 12 of your account opening, when you make the payment using your Apple Pay or Google Pay, you will get earn up to 1.8%.
Annual Fee: $0.
Balance Transfer Offer:
There will be no balance transfer fee for the first 15 months of your account opening. After the 15 months, your APR will be from 14.49% to 24.99%, depending on your creditworthiness.
Also Read : Get Best Credit Card Form Chase Bank
Balance Transfer Fee:
For each balance transfer fee, you will be charged 5% of the transfer amount or al least $5 minimum.
Other Benefits:
When you pay your monthly bill with the Wells Fargo Cash Wise Visa Card, you will get the cell phone insurance up to $600, which will cover the damage and theft. Also, in this card, you will get several rewards points and you can redeem those rewards points any way you want. You can even deposit your rewards to your Wells Fargo savings or checking account.
Apply: Wells Fargo Cash Wise Visa Card
HSBC Gold Mastercard Credit Card
HSBC Gold Mastercard comes with solid benefits for the travels, as well as 0% intro APR for purchase and balance transfer. This card does not charge any annual fees and does not including zero foreign transaction fees.
Annual Fee: $0.
Balance Transfer Offer:
For the first 18 months from the day your account opening, your intro APR will be 0%. Keep in mind, within the 60 days of your account opening, you can complete your transfer. After that, your intro APR for balance transfer will be 13.99% to 23.99%, depending on your creditworthiness.
Balance Transfer Fee: For each balance transfer, you will be charged 4% of the balance transfer amount or at least a minimum of $10.
Other Benefits:
With this card, will get a discount on Mastercard Airport Concierge service discounted offers to select golf courses throughout the country. You can also access the Mastercard features.
Apply: HSBC Gold Mastercard Credit Card
Conclusion:
If you are trying to manage your debt, then the balance transfer card will help you to pay down your debt faster. For the balance transfer, you will get several credit cards out there. Here in this article, we will explain to you some of the best balance transfer credit cards.
Reference :
HSBC Gold Mastercard Credit Card
Wells Fargo Cash Wise Visa Card
