Best Balance Transfer Cards Of October 2024 (2024)

Best Credit Cards for Balance Transfers in 2024

Best Credit Card for Extended Intro APR Period on Balance Transfers

Wells Fargo Reflect® Card

Apply Now Best Balance Transfer Cards Of October 2024 (1)

On Wells Fargo's Website

5.0

Best Balance Transfer Cards Of October 2024 (3)

Forbes Advisor created additional star ratings so that you can see the best card for specific needs. This card shines for this use, but overall the star ratings may differ when compared to other cards.

Apply Now Best Balance Transfer Cards Of October 2024 (4)

On Wells Fargo's Website

Welcome Bonus

N/A

Annual Fee

$0

Regular APR

17.74%, 24.24%, or 29.49% Variable APR

Credit Score

Excellent, Good(700 - 749)

Our Expert Take

The Wells Fargo Reflect® Card extends an intro APR offer on both purchases and balance transfers, so you don’t have to choose.

Why We Like It

This card gives the gift of time: You’ll have a generous 0% intro APR for 21 months from account opening on purchases and qualifying balance transfers. A 17.74%, 24.24%, or 29.49% variable APR applies thereafter. Balance transfers made within 120 days qualify for the intro APR and a balance transfer fee of 5%, min $5 applies. That’s above and beyond what most other cards offer. Just make sure to complete the balance transfer within the eligibility window, or you won’t qualify for the introductory APR.

Although this card doesn’t offer rewards, it does come with money-saving protections like up to $600 in cellphone protection when you pay your monthly bill with the card (subject to a $25 deductible, two claims maximum per year) and access to roadside dispatch.

What We Don’t Like

This card has high fees, both for balance transfers and for ongoing APR after the introductory period is over.

Who It’s Best For

This card is best for someone who will use the intro APR window and be able to pay off their balance before interest is charged.

Expert Commentary

Best Balance Transfer Cards Of October 2024 (6)

Albert Hsieh

Credit Cards and Reward Points Expert

Albert Hsieh is founder and CEO of Foxtrot Dash Inc., a San Francisco-based travel rewards marketplace offering a smart wallet that recommends 30,000 ways to maximize the redemption of hard-earned credit card and travel rewards points. He has proudly redeemed over 30 million reward points, and he and the Foxtrot Dash team boast over three decades of points and miles experience.

Albert has had a lifelong passion for aviation largely sparked by his dad, who retired after 30 years with United Airlines at San Francisco and Oakland. Since childhood, Albert grew fascinated by premium air travel and flew “The Tulip” (the nickname for United's fondly remembered "U" logo) to destinations far and near, with Taiwan, Japan and Egypt ranked as his top favorites.

With an unwavering commitment to the global travel industry, Albert served for 20 years as a commercial and marketing leader at Fortune 500 travel companies including JetBlue, China Airlines, XOJET and Westfield Airports LAX. He later worked as a consultant for Jet Edge, leading a companywide rebrand before their VistaJet acquisition. In recent years, Albert launched his Instagram feed where he captures his global credit card points and airline miles adventures with impeccable photography of luxury airline cabins and beautiful hotels.

His work is regularly featured in social campaigns, and he has drawn mentions in The New York Times and Nob Hill Gazette. On the Money Seed podcast, he has been heard discussing the future of credit card reward points, global travel trends and loyalty programs. When he's not traveling, Albert enjoys life on the West Coast by seeking out new restaurants and world-class wineries, and by spending quality time with loved ones.

Albert Hsieh

Best Balance Transfer Cards Of October 2024 (7)

Albert Hsieh

Credit Cards and Reward Points Expert

Albert Hsieh is founder and CEO of Foxtrot Dash Inc., a San Francisco-based travel rewards marketplace offering a smart wallet that recommends 30,000 ways to maximize the redemption of hard-earned credit card and travel rewards points. He has proudly redeemed over 30 million reward points, and he and the Foxtrot Dash team boast over three decades of points and miles experience.

Albert has had a lifelong passion for aviation largely sparked by his dad, who retired after 30 years with United Airlines at San Francisco and Oakland. Since childhood, Albert grew fascinated by premium air travel and flew “The Tulip” (the nickname for United's fondly remembered "U" logo) to destinations far and near, with Taiwan, Japan and Egypt ranked as his top favorites.

With an unwavering commitment to the global travel industry, Albert served for 20 years as a commercial and marketing leader at Fortune 500 travel companies including JetBlue, China Airlines, XOJET and Westfield Airports LAX. He later worked as a consultant for Jet Edge, leading a companywide rebrand before their VistaJet acquisition. In recent years, Albert launched his Instagram feed where he captures his global credit card points and airline miles adventures with impeccable photography of luxury airline cabins and beautiful hotels.

His work is regularly featured in social campaigns, and he has drawn mentions in The New York Times and Nob Hill Gazette. On the Money Seed podcast, he has been heard discussing the future of credit card reward points, global travel trends and loyalty programs. When he's not traveling, Albert enjoys life on the West Coast by seeking out new restaurants and world-class wineries, and by spending quality time with loved ones.

Credit Cards and Reward Points Expert

The Wells Fargo Reflect includes decent auto and theft protection, but the most compelling card benefit is the generous intro balance transfer offer upon account opening.

Pros & Cons

  • Generous introductory APR period for purchases and qualifying balance transfers
  • $0 annual fee
  • No rewards program or welcome bonus
  • There’s a balance transfer fee of 5%, min: $5
  • 3% foreign transaction fee

Card Details

  • Select “Apply Now” to take advantage of this specific offer and learn more about product features, terms and conditions.
  • 0% intro APR for 21 months from account opening on purchases and qualifying balance transfers. 17.74%, 24.24%, or 29.49% variable APR thereafter; balance transfers made within 120 days qualify for the intro rate, BT fee of 5%, min: $5.
  • $0 Annual Fee.
  • Up to $600 of cell phone protection against damage or theft. Subject to a $25 deductible.
  • Through My Wells Fargo Deals, you can get access to personalized deals from a variety of merchants. It’s an easy way to earn cash back as an account credit when you shop, dine, or enjoy an experience simply by using an eligible Wells Fargo credit card.

N/A

Credit Score ranges are based on FICO® credit scoring. This is just one scoring method and a credit card issuer may use another method when considering your application. These are provided as guidelines only and approval is not guaranteed.

Best Balance Transfer Card With a Long Payoff Window

U.S. Bank Visa® Platinum Card *

Best Balance Transfer Cards Of October 2024 (8)

5.0

Best Balance Transfer Cards Of October 2024 (9)

Forbes Advisor created additional star ratings so that you can see the best card for specific needs. This card shines for this use, but overall the star ratings may differ when compared to other cards.

No Rewards

The U.S. Bank Visa® Platinum Card does not offer rewards on purchases.

Welcome Bonus

N/A

Annual Fee

$0

Regular APR

18.24% - 29.24% (Variable)

Credit Score

Good/Excellent(700 - 749)

Our Expert Take

You won’t earn rewards with the U.S. Bank Visa® Platinum Card*, but it offers a long runway to pay off your debt if you need to transfer a balance from another card: 0% intro APR on purchases and balance transfers for 21 billing cycles, followed by a variable APR of 18.24% – 29.24%. Balance transfers made within 60 days qualify for the intro APR and a balance transfer fee of 5% or $5, whichever is greater, applies.

Why We Like It

Cardholders can optionally choose to start an ExtendPay Plan to create a predictable fixed monthly payment instead of variable costs.

The U.S. Bank Visa® Platinum Card* also offers up to $600 in cellphone protection (subject to a $25 deductible) and the ability to check your credit score online.

What We Don’t Like

This card is light on benefits and doesn’t earn any rewards.

Who It’s Best For

The U.S. Bank Visa® Platinum Card*’s appeal is its intro APR offer, so it’s best for someone who needs and will use that extended window to pay down their balance.

Expert Commentary

Best Balance Transfer Cards Of October 2024 (11)

Albert Hsieh

Credit Cards and Reward Points Expert

Albert Hsieh is founder and CEO of Foxtrot Dash Inc., a San Francisco-based travel rewards marketplace offering a smart wallet that recommends 30,000 ways to maximize the redemption of hard-earned credit card and travel rewards points. He has proudly redeemed over 30 million reward points, and he and the Foxtrot Dash team boast over three decades of points and miles experience.

Albert has had a lifelong passion for aviation largely sparked by his dad, who retired after 30 years with United Airlines at San Francisco and Oakland. Since childhood, Albert grew fascinated by premium air travel and flew “The Tulip” (the nickname for United's fondly remembered "U" logo) to destinations far and near, with Taiwan, Japan and Egypt ranked as his top favorites.

With an unwavering commitment to the global travel industry, Albert served for 20 years as a commercial and marketing leader at Fortune 500 travel companies including JetBlue, China Airlines, XOJET and Westfield Airports LAX. He later worked as a consultant for Jet Edge, leading a companywide rebrand before their VistaJet acquisition. In recent years, Albert launched his Instagram feed where he captures his global credit card points and airline miles adventures with impeccable photography of luxury airline cabins and beautiful hotels.

His work is regularly featured in social campaigns, and he has drawn mentions in The New York Times and Nob Hill Gazette. On the Money Seed podcast, he has been heard discussing the future of credit card reward points, global travel trends and loyalty programs. When he's not traveling, Albert enjoys life on the West Coast by seeking out new restaurants and world-class wineries, and by spending quality time with loved ones.

Albert Hsieh

Best Balance Transfer Cards Of October 2024 (12)

Albert Hsieh

Credit Cards and Reward Points Expert

Albert Hsieh is founder and CEO of Foxtrot Dash Inc., a San Francisco-based travel rewards marketplace offering a smart wallet that recommends 30,000 ways to maximize the redemption of hard-earned credit card and travel rewards points. He has proudly redeemed over 30 million reward points, and he and the Foxtrot Dash team boast over three decades of points and miles experience.

Albert has had a lifelong passion for aviation largely sparked by his dad, who retired after 30 years with United Airlines at San Francisco and Oakland. Since childhood, Albert grew fascinated by premium air travel and flew “The Tulip” (the nickname for United's fondly remembered "U" logo) to destinations far and near, with Taiwan, Japan and Egypt ranked as his top favorites.

With an unwavering commitment to the global travel industry, Albert served for 20 years as a commercial and marketing leader at Fortune 500 travel companies including JetBlue, China Airlines, XOJET and Westfield Airports LAX. He later worked as a consultant for Jet Edge, leading a companywide rebrand before their VistaJet acquisition. In recent years, Albert launched his Instagram feed where he captures his global credit card points and airline miles adventures with impeccable photography of luxury airline cabins and beautiful hotels.

His work is regularly featured in social campaigns, and he has drawn mentions in The New York Times and Nob Hill Gazette. On the Money Seed podcast, he has been heard discussing the future of credit card reward points, global travel trends and loyalty programs. When he's not traveling, Albert enjoys life on the West Coast by seeking out new restaurants and world-class wineries, and by spending quality time with loved ones.

Credit Cards and Reward Points Expert

Build credit easily with the U.S. Bank Visa Platinum, plus take advantage of one of the longest intro balance transfer periods.

Pros & Cons

  • No penalty APR
  • Long intro APR period
  • Cellphone protection coverage
  • Balance transfer fee applies
  • No rewards program
  • No welcome bonus
  • Foreign transaction fee

Card Details

  • Up to $600 cell phone protection (subject to $25 deductible) against damage or theft when you pay your monthly phone bill with your card. Terms, conditions, and exclusions apply
  • Ability to choose a payment due date that fits your schedule
  • No annual fee
  • Introductory APR offer

N/A

Credit Score ranges are based on FICO® credit scoring. This is just one scoring method and a credit card issuer may use another method when considering your application. These are provided as guidelines only and approval is not guaranteed.

Best Balance Transfer Credit Card for Fair Credit

Citi Double Cash® Card

Apply Now Best Balance Transfer Cards Of October 2024 (13)

On Citi's Website

4.9

Best Balance Transfer Cards Of October 2024 (15)

Forbes Advisor created additional star ratings so that you can see the best card for specific needs. This card shines for this use, but overall the star ratings may differ when compared to other cards.

Apply Now Best Balance Transfer Cards Of October 2024 (16)

On Citi's Website

Up to 5% Reward Rate

First, you earn 1% unlimited cash back on every purchase you make. Then, as you pay for those purchases, youRead More

Welcome Bonus

Earn $200 cash back

Annual Fee

$0

Regular APR

18.74% - 28.74% (Variable)

Credit Score

Excellent, Good, Fair

Our Expert Take

You can get a chance to transfer a balance on the Citi Double Cash® Card even if your credit score is only fair. Plus, after your introductory APR period ends, the Double Cash is a keeper thanks to its excellent cash-back rewards program.

Why We Like It

The Citi Double Cash offers a 0% intro APR on balance transfers for 18 months. After that, the standard variable APR will be 18.74% – 28.74%, based on creditworthiness. An intro balance transfer fee of either $5 or 3%, whichever is greater, applies to transfers completed within the first 4 months of account opening. After that, the fee will be 5% of each transfer (minimum $5).

Unlike similar cards with intro balance transfer offers, the Double Cash has staying power long past the end of the introductory period thanks to the rewards it earns.

It’s also one of the few cards where even fair credit applicants may be eligible for approval, which is an excellent way to take advantage of intro balance transfer offers and cash-back rewards. It also pairs well with other Citi ThankYou® Points cards.

What We Don’t Like

No card is perfect, including this one, as it offers few additional benefits or protections beyond rewards. Additionally, the introductory APR offer does not extend to purchases, so you won’t receive a typical grace period until your transferred balance has been fully repaid.

Who It’s Best For

This card is more than just a chance to do a balance transfer. The flat-rate rewards are perfect for anyone who values simplicity yet wants to earn a little extra.

Expert Commentary

Best Balance Transfer Cards Of October 2024 (18)

Julian Kheel

Credit Cards and Travel Rewards Expert

With over 15 years of professional experience studying credit cards and travel loyalty programs, Julian Kheel has served as CNN’s senior editor covering travel and credit cards, as well as the editorial director for The Points Guy, and worked as a consultant for the biggest airlines. He is currently the CEO of Tripsight Inc., an award tools company that recently released Points Path, the first browser extension that automatically adds the prices of flights in miles into Google Flights search results to help travelers decide when to best use their travel rewards.

Julian first learned the ins and outs of credit card rewards and travel loyalty programs while flying more than 200,000 miles a year as a TV producer and director for World Wrestling Entertainment. (And yes, of course it’s all real.) He has previously written about travel and credit cards for U.S. News & World Report, Upgraded Points and Going, and created weekly columns for the travel websites Frequent Miler and Travel Codex.

In addition to appearing as a TV analyst to discuss travel and loyalty programs on national segments for CNN, Bloomberg News, CNBC’s “Squawk Box,” Yahoo Finance and Cheddar TV, Julian has also been featured on ABC and CBS Radio, and has been quoted in The Washington Post, The Wall Street Journal, and the Chicago Tribune on travel-related topics as well.

Julian Kheel

Best Balance Transfer Cards Of October 2024 (19)

Julian Kheel

Credit Cards and Travel Rewards Expert

With over 15 years of professional experience studying credit cards and travel loyalty programs, Julian Kheel has served as CNN’s senior editor covering travel and credit cards, as well as the editorial director for The Points Guy, and worked as a consultant for the biggest airlines. He is currently the CEO of Tripsight Inc., an award tools company that recently released Points Path, the first browser extension that automatically adds the prices of flights in miles into Google Flights search results to help travelers decide when to best use their travel rewards.

Julian first learned the ins and outs of credit card rewards and travel loyalty programs while flying more than 200,000 miles a year as a TV producer and director for World Wrestling Entertainment. (And yes, of course it’s all real.) He has previously written about travel and credit cards for U.S. News & World Report, Upgraded Points and Going, and created weekly columns for the travel websites Frequent Miler and Travel Codex.

In addition to appearing as a TV analyst to discuss travel and loyalty programs on national segments for CNN, Bloomberg News, CNBC’s “Squawk Box,” Yahoo Finance and Cheddar TV, Julian has also been featured on ABC and CBS Radio, and has been quoted in The Washington Post, The Wall Street Journal, and the Chicago Tribune on travel-related topics as well.

Credit Cards and Travel Rewards Expert

Not everyone wants to chase bonus categories or shuffle cards in their wallet, which makes the Citi Double Cash the perfect “set it and forget it” credit card. It’s one of the only cards around that not only earns 2% cash back on all purchases—1% when purchases are made and another 1% when they’re paid off, and earn 5% total cash back on hotel, car rentals and attractions booked on the Citi Travel℠ portal through 12/31/25, but also offers a path to using that cash back in the form of more valuable travel points down the road when you’re ready to take the next step.

Pros & Cons

  • Earn up to 2% cash back—1% when the purchase is made and 1% when payment is made on the account
  • No limit on the amount of cash back that can be earned
  • No annual fee
  • Introductory APR period for balance transfers
  • Foreign transaction fee
  • Balance transfer fee
  • Lack of benefits seen in other no annual fee cards
  • No introductory APR on purchases

Card Details

  • Earn $200 cash back after you spend $1,500 on purchases in the first 6 months of account opening. This bonus offer will be fulfilled as 20,000 ThankYou® Points, which can be redeemed for $200 cash back.
  • Earn 2% on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases. To earn cash back, pay at least the minimum due on time. Plus, a special travel offer, earn 5% total cash back on hotel, car rentals and attractions booked on the Citi Travel℠ portal through 12/31/25.
  • Balance Transfer Only Offer: 0% intro APR on Balance Transfers for 18 months. After that, the variable APR will be 18.74% – 28.74%, based on your creditworthiness.
  • Balance Transfers do not earn cash back. Intro APR does not apply to purchases.
  • If you transfer a balance, interest will be charged on your purchases unless you pay your entire balance (including balance transfers) by the due date each month.
  • There is an intro balance transfer fee of 3% of each transfer (minimum $5) completed within the first 4 months of account opening. After that, your fee will be 5% of each transfer (minimum $5).

Earn $200 cash back after you spend $1,500 on purchases in the first 6 months of account opening. This bonus offer will be fulfilled as 20,000 ThankYou® Points, which can be redeemed for $200 cash back.

Credit Score ranges are based on FICO® credit scoring. This is just one scoring method and a credit card issuer may use another method when considering your application. These are provided as guidelines only and approval is not guaranteed.

Best Balance Transfer Card for Late Fee Forgiveness

Citi Simplicity® Card *

4.9

Best Balance Transfer Cards Of October 2024 (21)

Forbes Advisor created additional star ratings so that you can see the best card for specific needs. This card shines for this use, but overall the star ratings may differ when compared to other cards.

No Rewards

This card does not earn rewards

Welcome Bonus

N/A

Annual Fee

$0

Regular APR

19.24% - 29.99% (Variable)

Credit Score

Excellent, Good(700 - 749)

Our Expert Take

The Citi Simplicity® Card* packs a punch with triple zeros: No annual fee, no penalty interest rate and no late fees. But it also gets a zero rating in the rewards-earning category as the card does not earn any.

Why We Like It

New card members can take advantage of reduced balance transfer transaction fees in addition to the intro APR: 0% intro APR for 21 months on balance transfers from date of first transfer and 0% intro APR for 12 months on purchases from date of account opening. After that, the variable APR will be 19.24% – 29.99%. There is an intro balance transfer fee of $5 or 3% of the amount of the transfer, whichever is greater, for transfers made within 4 months of opening the account. After that, a balance transfer fee of either $5 or 5% of the amount of each transfer, whichever is greater, applies.

Since it doesn’t have late fees or penalty fees, it can be a good stepping stone for anyone establishing solid credit habits while chipping away at their balance. Just don’t get in the habit of paying late—even though the card has no late fees, it can still impact your credit score. This card also qualifies for Citi Merchant Offers, where card members can get discounts and credits for purchases with various merchants.

What We Don’t Like

The intro APR offer on new purchases is a shorter timeline than it is for balance transfers, which is easy to overlook.

Who It’s Best For

While we encourage everyone to pay on time, the lack of late fees could provide peace of mind to someone with a few mistakes in their past.

Expert Commentary

Best Balance Transfer Cards Of October 2024 (23)

Adam Frankel

Credit Cards Writer

With over four decades of experience as a portfolio manager and educator, Adam B. Frankel simplifies credit card strategies and complex personal finance topics for anyone seeking to gain a better understanding of how to manage their money. His work has been featured in national personal finance sites including Forbes Advisor, Fortune, MarketWatch and CardRatings.

Adam Frankel

Best Balance Transfer Cards Of October 2024 (24)

Adam Frankel

Credit Cards Writer

With over four decades of experience as a portfolio manager and educator, Adam B. Frankel simplifies credit card strategies and complex personal finance topics for anyone seeking to gain a better understanding of how to manage their money. His work has been featured in national personal finance sites including Forbes Advisor, Fortune, MarketWatch and CardRatings.

Credit Cards Writer

The Citi Simplicity’s intro APR offer on purchases and balance transfers can help ease the financial strain of having to shell out for a big purchase or expedite paying down existing debt. Once that intro offer expires though, the card doesn’t have much to offer.

Pros & Cons

  • No late fees
  • No penalty APR
  • No annual fee
  • Intro APR offer on purchases and balance transfers
  • High regular APR
  • No rewards program

Card Details

  • No late fees or penalty rates
  • No annual fee
  • Introductory APR offer
  • No liability on unauthorized charges

N/A

Credit Score ranges are based on FICO® credit scoring. This is just one scoring method and a credit card issuer may use another method when considering your application. These are provided as guidelines only and approval is not guaranteed.

Best Balance Transfer Credit Card for Long Transfer Window

Citi® Diamond Preferred® Card

Apply Now Best Balance Transfer Cards Of October 2024 (25)

On Citi's Website

4.8

Best Balance Transfer Cards Of October 2024 (27)

Forbes Advisor created additional star ratings so that you can see the best card for specific needs. This card shines for this use, but overall the star ratings may differ when compared to other cards.

Apply Now Best Balance Transfer Cards Of October 2024 (28)

On Citi's Website

No Rewards

The Citi® Diamond Preferred® Card does not offer rewards on purchases

Welcome Bonus

N/A

Annual Fee

$0

Regular APR

17.74% - 28.49% (Variable)

Credit Score

Excellent, Good

Our Expert Take

The outstanding introductory APR period on balance transfers makes the Citi® Diamond Preferred® Card a solid choice, even though its intro APR offer for new purchases is average. New cardholders get a 0% intro APR for 21 months on eligible balance transfers from date of first transfer and 0% intro APR for 12 months on purchases from date of account opening. After that, the variable APR will be 17.74% – 28.49%. Balance transfers must be completed within 4 months of account opening. A balance transfer fee of either $5 or 5% of the amount of each transfer, whichever is greater, applies.

Why We Like It

You have more time than usual to transfer a balance and still qualify for the intro APR. The Diamond Preferred has one of the most generous time periods of any card on the market from the date you open your account to transfer debt to the card.

The Citi® Diamond Preferred® Card doesn’t come with many frills—it has no rewards, for example—but similar to most Citi cards, you can choose the day of the month for your payment due date. You’ll also get special event access through Citi Entertainment®.

What We Don’t Like

The balance transfer fee, interest rates after the introductory period, and penalty rates on this card are uncompetitive. We’d also recommend that you product change to a different card to earn better rewards once your intro balance transfer offer ends.

Who It’s Best For

This card is best used as a short-term tool to finance a purchase or transfer a balance, so it’s only good for someone who needs a bridge.

Expert Commentary

Best Balance Transfer Cards Of October 2024 (30)

Jon Nickel-D'Andrea

Credit Cards Expert Writer

For more than 10 years, Jon Nickel-D'Andrea has been a sought-after expert on how to travel the world using rewards points and miles. Jon has been featured in local and national publications and as a speaker at various seminars across the world. Combining his deep knowledge of credit cards, rewards programs, airlines and hotels with his unique style and sense of humor, Jon makes the complex web of these programs more fun and easy to understand. He lives in Seattle with his husband Ben and their 4-year-old beagle pup.

Jon Nickel-D'Andrea

Best Balance Transfer Cards Of October 2024 (31)

Jon Nickel-D'Andrea

Credit Cards Expert Writer

For more than 10 years, Jon Nickel-D'Andrea has been a sought-after expert on how to travel the world using rewards points and miles. Jon has been featured in local and national publications and as a speaker at various seminars across the world. Combining his deep knowledge of credit cards, rewards programs, airlines and hotels with his unique style and sense of humor, Jon makes the complex web of these programs more fun and easy to understand. He lives in Seattle with his husband Ben and their 4-year-old beagle pup.

Credit Cards Expert Writer

While the focus with this card is the long introductory period for balance transfers, very often throughout the year Citi will send offers for other balance transfer deals. This means you could hold this card long term and still have the chance to get great balance transfer offers throughout the year.

Pros & Cons

  • $0 annual fee
  • Lengthy introductory APR offer on balance transfers
  • Intro APR period for new purchases
  • 3% foreign transaction fee
  • No rewards program
  • High variable APR when introductory period ends

Card Details

  • 0% Intro APR for 21 months on balance transfers from date of first transfer and 0% Intro APR for 12 months on purchases from date of account opening. After that the variable APR will be 17.74% – 28.49%, based on your creditworthiness. Balance transfers must be completed within 4 months of account opening.
  • There is a balance transfer fee of either $5 or 5% of the amount of each transfer, whichever is greater
  • Get free access to your FICO® Score online.
  • With Citi Entertainment®, get special access to purchase tickets to thousands of events, including concerts, sporting events, dining experiences and more.
  • No Annual Fee – our low intro rates and all the benefits don’t come with a yearly charge

N/A

Credit Score ranges are based on FICO® credit scoring. This is just one scoring method and a credit card issuer may use another method when considering your application. These are provided as guidelines only and approval is not guaranteed.

Best Credit Card for Balance Transfer and Rewards

Chase Freedom Flex®

Apply Now Best Balance Transfer Cards Of October 2024 (32)

On Chase Bank USA, NA's Website

4.7

Best Balance Transfer Cards Of October 2024 (34)

Forbes Advisor created additional star ratings so that you can see the best card for specific needs. This card shines for this use, but overall the star ratings may differ when compared to other cards.

Apply Now Best Balance Transfer Cards Of October 2024 (35)

On Chase Bank USA, NA's Website

Up to 5% Reward Rate

Earn 5% cash back in categories that rotate quarterly on up to $1,500 when enrolled, 5% on travel purchased throughRead More

Welcome Bonus

$200 bonus

Annual Fee

$0

Regular APR

20.49%-29.24% Variable

Credit Score

Excellent, Good(700 - 749)

Our Expert Take

The Chase Freedom Flex® is well-loved for its combination of rotating bonus categories, solid welcome offer and introductory APR: 0% intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 20.49% – 29.24% applies. Balance transfer fee of up to 5% (min. $5) of the amount of each transfer applies.

Why We Like It

In my opinion, this card stands out for layering everyday earning bonuses on top of its rotating offers.

It also offers some additional benefits, including purchase protection, extended warranty protection, trip cancellation and interruption insurance, an auto rental collision damage waiver and cellphone protection.

What We Don’t Like

Like other 5% cash-back cards, your earning potential is limited by a maximum spending amount each quarter. When my spending aligns with the right category, it’s pretty easy to hit the limit before the quarter ends.

While the card offers a suite of travel-related benefits, it does charge a foreign transaction fee, so it’s not the best choice for use abroad.

Who It’s Best For

The Freedom Flex is even better when paired with other Ultimate Rewards® cards. I hold both this card and two other Ultimate Rewards cards, giving me access to additional award options.

Expert Commentary

Best Balance Transfer Cards Of October 2024 (37)

Julian Kheel

Credit Cards and Travel Rewards Expert

With over 15 years of professional experience studying credit cards and travel loyalty programs, Julian Kheel has served as CNN’s senior editor covering travel and credit cards, as well as the editorial director for The Points Guy, and worked as a consultant for the biggest airlines. He is currently the CEO of Tripsight Inc., an award tools company that recently released Points Path, the first browser extension that automatically adds the prices of flights in miles into Google Flights search results to help travelers decide when to best use their travel rewards.

Julian first learned the ins and outs of credit card rewards and travel loyalty programs while flying more than 200,000 miles a year as a TV producer and director for World Wrestling Entertainment. (And yes, of course it’s all real.) He has previously written about travel and credit cards for U.S. News & World Report, Upgraded Points and Going, and created weekly columns for the travel websites Frequent Miler and Travel Codex.

In addition to appearing as a TV analyst to discuss travel and loyalty programs on national segments for CNN, Bloomberg News, CNBC’s “Squawk Box,” Yahoo Finance and Cheddar TV, Julian has also been featured on ABC and CBS Radio, and has been quoted in The Washington Post, The Wall Street Journal, and the Chicago Tribune on travel-related topics as well.

Julian Kheel

Best Balance Transfer Cards Of October 2024 (38)

Julian Kheel

Credit Cards and Travel Rewards Expert

With over 15 years of professional experience studying credit cards and travel loyalty programs, Julian Kheel has served as CNN’s senior editor covering travel and credit cards, as well as the editorial director for The Points Guy, and worked as a consultant for the biggest airlines. He is currently the CEO of Tripsight Inc., an award tools company that recently released Points Path, the first browser extension that automatically adds the prices of flights in miles into Google Flights search results to help travelers decide when to best use their travel rewards.

Julian first learned the ins and outs of credit card rewards and travel loyalty programs while flying more than 200,000 miles a year as a TV producer and director for World Wrestling Entertainment. (And yes, of course it’s all real.) He has previously written about travel and credit cards for U.S. News & World Report, Upgraded Points and Going, and created weekly columns for the travel websites Frequent Miler and Travel Codex.

In addition to appearing as a TV analyst to discuss travel and loyalty programs on national segments for CNN, Bloomberg News, CNBC’s “Squawk Box,” Yahoo Finance and Cheddar TV, Julian has also been featured on ABC and CBS Radio, and has been quoted in The Washington Post, The Wall Street Journal, and the Chicago Tribune on travel-related topics as well.

Credit Cards and Travel Rewards Expert

Kudos to Chase for always keeping the rotating categories relevant on the Freedom Flex. From Amazon to PayPal and Starbucks to Walmart, you’re almost guaranteed to find at least one quarter every year (or even several) where the 5 bonus points roll in with almost no effort. Just don’t forget to activate the categories every quarter.

Pros & Cons

  • No annual fee
  • Rotating quarterly categories earn 5% rewards when activated, up to a combined quarterly $1,500 maximum
  • Travel rewards rate rivals some of the best premium travel cards
  • Generous rewards rate in several other categories
  • Travel bookings must be made through Chase Travel℠ to earn 5% cash back
  • Quarterly rewards access requires activation each and every quarter

Card Details

  • Earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening
  • 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate. Enjoy new 5% categories each quarter!
  • 5% cash backon travel purchased through Chase Travel℠, our premier rewards program thatlets you redeem rewards for cash back, travel, gift cards and more
  • 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and unlimited 1% cash back on all other purchases.
  • No minimum to redeem for cash back. You can choose to receive a statement credit or direct deposit into most U.S. checking and savings accounts. Cash Back rewards do not expire as long as your account is open!
  • 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 20.49%-29.24%.
  • No annual fee –You won’t have to pay an annual fee for all the great features that come with your Freedom Flex® card
  • Keep tabs on your credit health – Chase Credit Journey helps you monitor your credit with free access to your latest score, real-time alerts, and more.
  • Member FDIC

Earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening!

Credit Score ranges are based on FICO® credit scoring. This is just one scoring method and a credit card issuer may use another method when considering your application. These are provided as guidelines only and approval is not guaranteed.

Best Balance Transfer Credit Card for Cashback Match

Discover it® Cash Back *

4.6

Best Balance Transfer Cards Of October 2024 (40)

Forbes Advisor created additional star ratings so that you can see the best card for specific needs. This card shines for this use, but overall the star ratings may differ when compared to other cards.

Up to 5% Reward Rate

Earn 5% cash back on everyday purchases at different places you shop each quarter like grocery stores, restaurants, gas stations,Read More

Welcome Bonus

Cashback Match™

Annual Fee

$0

Regular APR

17.74% - 27.74% Variable APR

Credit Score

Excellent/Good

Our Expert Take

The intro APR offer on the Discover it® Cash Back is good on new purchases, and you’ll earn cash back on those purchases with Discover’s signature Cashback Match™ to double your earnings in the first year.

Why We Like It

It’s great to find a card that offers an introductory APR and a welcome bonus all in one. The first-year earnings can be significant, thanks to a Cashback Match. Plus, you’ll get a 0% introductory APR for 15 months on purchases and eligible balance transfers. Then, a standard rate of 17.74% – 27.74% variable applies. A balance transfer fee of up to 5% of the amount transferred applies.

What We Don’t Like

The quarterly rotating 5% cash-back categories (up to $1,500 in spending per quarter) require cardholder activation, and you’ll want to watch for spending limits.

Discover isn’t accepted as widely abroad as other card networks, so this may not be the best choice if you like to travel and don’t already have a Visa or Mastercard in your wallet.

Who It’s Best For

Someone shopping for a card to hold for years could find this one a good fit due to ongoing rewards on top of new cardholder benefits.

Expert Commentary

Best Balance Transfer Cards Of October 2024 (42)

Julian Kheel

Credit Cards and Travel Rewards Expert

With over 15 years of professional experience studying credit cards and travel loyalty programs, Julian Kheel has served as CNN’s senior editor covering travel and credit cards, as well as the editorial director for The Points Guy, and worked as a consultant for the biggest airlines. He is currently the CEO of Tripsight Inc., an award tools company that recently released Points Path, the first browser extension that automatically adds the prices of flights in miles into Google Flights search results to help travelers decide when to best use their travel rewards.

Julian first learned the ins and outs of credit card rewards and travel loyalty programs while flying more than 200,000 miles a year as a TV producer and director for World Wrestling Entertainment. (And yes, of course it’s all real.) He has previously written about travel and credit cards for U.S. News & World Report, Upgraded Points and Going, and created weekly columns for the travel websites Frequent Miler and Travel Codex.

In addition to appearing as a TV analyst to discuss travel and loyalty programs on national segments for CNN, Bloomberg News, CNBC’s “Squawk Box,” Yahoo Finance and Cheddar TV, Julian has also been featured on ABC and CBS Radio, and has been quoted in The Washington Post, The Wall Street Journal, and the Chicago Tribune on travel-related topics as well.

Julian Kheel

Best Balance Transfer Cards Of October 2024 (43)

Julian Kheel

Credit Cards and Travel Rewards Expert

With over 15 years of professional experience studying credit cards and travel loyalty programs, Julian Kheel has served as CNN’s senior editor covering travel and credit cards, as well as the editorial director for The Points Guy, and worked as a consultant for the biggest airlines. He is currently the CEO of Tripsight Inc., an award tools company that recently released Points Path, the first browser extension that automatically adds the prices of flights in miles into Google Flights search results to help travelers decide when to best use their travel rewards.

Julian first learned the ins and outs of credit card rewards and travel loyalty programs while flying more than 200,000 miles a year as a TV producer and director for World Wrestling Entertainment. (And yes, of course it’s all real.) He has previously written about travel and credit cards for U.S. News & World Report, Upgraded Points and Going, and created weekly columns for the travel websites Frequent Miler and Travel Codex.

In addition to appearing as a TV analyst to discuss travel and loyalty programs on national segments for CNN, Bloomberg News, CNBC’s “Squawk Box,” Yahoo Finance and Cheddar TV, Julian has also been featured on ABC and CBS Radio, and has been quoted in The Washington Post, The Wall Street Journal, and the Chicago Tribune on travel-related topics as well.

Credit Cards and Travel Rewards Expert

The quarterly categories are the highlight of the Discover it® Cash Back. You’ll often find broad options on its rotating list of categories, such as restaurants, drug stores, gas stations and groceries, which makes it easy for almost any household to take advantage of them. Just don’t get tripped up by forgetting to activate the categories at the start of each quarter, because you can’t do it retroactively to earn bonus cash back on your past purchases.

Pros & Cons

  • 5% cash back on quarterly rotating spending categories throughout the year (activation required)
  • Discover will automatically match all the cash back you’ve earned at the end of your first year
  • No minimum cash-back redemption
  • 5% bonus cash-back rate is limited to $1,500 per quarter in spending
  • Bonus categories must be activated quarterly
  • Low 1% base reward rate on everything else

Card Details

  • INTRO OFFER: Unlimited Cashback Match for all new cardmembers–only from Discover. Discover will automatically match all the cash back you’ve earned at the end of your first year! There’s no minimum spending or maximum rewards. You could turn $150 cash back into $300.
  • Earn 5% cash back on everyday purchases at different places you shop each quarter like grocery stores, restaurants, gas stations, and more, up to the quarterly maximum when you activate. Plus, earn unlimited 1% cash back on all other purchases.
  • Redeem your rewards for cash at any time.
  • Apply and you could get a decision in as little as 60 seconds. No annual fee.
  • Start shopping and earning rewards in minutes with our digital card, before your physical card arrives in the mail, if eligible.
  • Discover could help you reduce exposure of your personal information online by helping you remove it from select people-search sites that could sell your data. It’s free, activate with the mobile app.
  • Get a 0% intro APR for 15 months on purchases. Then 17.74% to 27.74% Standard Variable Purchase APR applies, based on credit worthiness.
  • Terms and conditions apply.

INTRO OFFER: Unlimited Cashback Match for all new cardmembers–only from Discover. Discover will automatically match all the cash back you’ve earned at the end of your first year! There’s no minimum spending or maximum rewards. You could turn $150 cash back into $300.

Credit Score ranges are based on FICO® credit scoring. This is just one scoring method and a credit card issuer may use another method when considering your application. These are provided as guidelines only and approval is not guaranteed.

Best Balance Transfer Card for Cash Back

Citi Custom Cash® Card

Apply Now Best Balance Transfer Cards Of October 2024 (44)

On Citi's Website

4.5

Best Balance Transfer Cards Of October 2024 (46)

Forbes Advisor created additional star ratings so that you can see the best card for specific needs. This card shines for this use, but overall the star ratings may differ when compared to other cards.

Apply Now Best Balance Transfer Cards Of October 2024 (47)

On Citi's Website

Up to 5% Reward Rate

5% cash back on up to $500 in purchases in your top eligible spend category each billing cycle. 4% cashRead More

Welcome Bonus

Earn $200

Annual Fee

$0

Regular APR

18.74% - 28.74% (Variable)

Credit Score

Excellent, Good

Our Expert Take

The cash-back rewards offered by the Citi Custom Cash® Card are as impressive as its introductory APR offer, which is valid on balance transfers and qualifying new purchases.

Why We Like It

With no annual fee, you can earn a welcome bonus, cash-back rewards, and a limited-time intro APR on qualifying transactions. The cashback is fantastic because it doesn’t require any activations or special planning.

Though the full package is enticing, the introductory APR stands out: 0% introductory APR for 15 months from date of account opening on purchases and from date of first transfer for balance transfers completed within 4 months of account opening. After that, the variable APR will be 18.74% – 28.74%, based on creditworthiness. There is also a balance transfer fee of 5% of each balance transfer; $5 minimum.

What We Don’t Like

Since only one purchase category earns at an elevated rate—and only up to $500 in spending per billing cycle—the card won’t be great for big spenders or people who spend on many types of purchases.

Who It’s Best For

Given its limited earnings, this card makes a great companion card rather than a single-card solution. Someone willing to carry two or more credit cards can take full advantage of this card, though.

Expert Commentary

Best Balance Transfer Cards Of October 2024 (49)

Julian Kheel

Credit Cards and Travel Rewards Expert

With over 15 years of professional experience studying credit cards and travel loyalty programs, Julian Kheel has served as CNN’s senior editor covering travel and credit cards, as well as the editorial director for The Points Guy, and worked as a consultant for the biggest airlines. He is currently the CEO of Tripsight Inc., an award tools company that recently released Points Path, the first browser extension that automatically adds the prices of flights in miles into Google Flights search results to help travelers decide when to best use their travel rewards.

Julian first learned the ins and outs of credit card rewards and travel loyalty programs while flying more than 200,000 miles a year as a TV producer and director for World Wrestling Entertainment. (And yes, of course it’s all real.) He has previously written about travel and credit cards for U.S. News & World Report, Upgraded Points and Going, and created weekly columns for the travel websites Frequent Miler and Travel Codex.

In addition to appearing as a TV analyst to discuss travel and loyalty programs on national segments for CNN, Bloomberg News, CNBC’s “Squawk Box,” Yahoo Finance and Cheddar TV, Julian has also been featured on ABC and CBS Radio, and has been quoted in The Washington Post, The Wall Street Journal, and the Chicago Tribune on travel-related topics as well.

Julian Kheel

Best Balance Transfer Cards Of October 2024 (50)

Julian Kheel

Credit Cards and Travel Rewards Expert

With over 15 years of professional experience studying credit cards and travel loyalty programs, Julian Kheel has served as CNN’s senior editor covering travel and credit cards, as well as the editorial director for The Points Guy, and worked as a consultant for the biggest airlines. He is currently the CEO of Tripsight Inc., an award tools company that recently released Points Path, the first browser extension that automatically adds the prices of flights in miles into Google Flights search results to help travelers decide when to best use their travel rewards.

Julian first learned the ins and outs of credit card rewards and travel loyalty programs while flying more than 200,000 miles a year as a TV producer and director for World Wrestling Entertainment. (And yes, of course it’s all real.) He has previously written about travel and credit cards for U.S. News & World Report, Upgraded Points and Going, and created weekly columns for the travel websites Frequent Miler and Travel Codex.

In addition to appearing as a TV analyst to discuss travel and loyalty programs on national segments for CNN, Bloomberg News, CNBC’s “Squawk Box,” Yahoo Finance and Cheddar TV, Julian has also been featured on ABC and CBS Radio, and has been quoted in The Washington Post, The Wall Street Journal, and the Chicago Tribune on travel-related topics as well.

Credit Cards and Travel Rewards Expert

If you’ve always wanted a credit card that adapts to your lifestyle instead of you having to adapt to it, you’ve found what you’re looking for with the Citi Custom Cash. You’ll never have to worry again about making sure you’re earning bonus points at the places you shop the most, because this card will automatically do it for you — even if those places change every month.

Pros & Cons

  • No registration required to earn bonus rewards
  • Cash-back categories are unique categories that other cards may not offer bonus rewards for
  • Introductory APR on purchases and balance transfers
  • No annual fee
  • High balance transfer fee
  • High foreign transaction fee
  • Some everyday rewards categories are neglected

Card Details

  • Earn $200 cash back after you spend $1,500 on purchases in the first 6 months of account opening. This bonus offer will be fulfilled as 20,000 ThankYou® Points, which can be redeemed for $200 cash back.
  • 0% Intro APR on balance transfers and purchases for 15 months. After that, the variable APR will be 18.74% – 28.74%, based on your creditworthiness.
  • Earn 5% cash back on purchases in your top eligible spend category each billing cycle, up to the first $500 spent, 1% cash back thereafter. Also, earn unlimited 1% cash back on all other purchases. Special Travel Offer: Earn an additional 4% cash back on hotels, car rentals, and attractions booked on Citi Travel℠ portal through 6/30/2026.
  • No rotating bonus categories to sign up for – as your spending changes each billing cycle, your earn adjusts automatically when you spend in any of the eligible categories.
  • No Annual Fee
  • Citi will only issue one Citi Custom Cash® Card account per person.

Earn $200 in cash back after you spend $1,500 on purchases in the first 6 months of account opening. This bonus offer will be fulfilled as 20,000 ThankYou® points, which can be redeemed for $200 cash back.

Credit Score ranges are based on FICO® credit scoring. This is just one scoring method and a credit card issuer may use another method when considering your application. These are provided as guidelines only and approval is not guaranteed.

Best Balance Transfer Card for Choosing Your Own Rewards

Bank of America® Customized Cash Rewards credit card

Apply Now Best Balance Transfer Cards Of October 2024 (51)

On Bank of America's Website

4.5

Best Balance Transfer Cards Of October 2024 (53)

Forbes Advisor created additional star ratings so that you can see the best card for specific needs. This card shines for this use, but overall the star ratings may differ when compared to other cards.

Apply Now Best Balance Transfer Cards Of October 2024 (54)

On Bank of America's Website

Choose your 3% category

Earn 3% cash back in the category of your choice, automatic 2% at grocery stores and wholesale clubs (up toRead More

Welcome Bonus

$200

Annual Fee

$0

Regular APR

18.74% - 28.74% Variable APR on purchases and balance transfers

Credit Score

Excellent/Good(700 - 749)

Our Expert Take

The Bank of America® Customized Cash Rewards credit card offers cash-back rewards with no annual fee, making it an excellent card even if you don’t need the intro balance transfer offer: 0% introductory APR for 15 billing cycles for purchases and balance transfers, 18.74% – 28.74% variable APR applies thereafter. Intro rate applies for any balance transfers made in the first 60 days; balance transfer fee of 3% applies to each transfer during this period, then 4%.

Why We Like It

You can choose your preferred earning categories, including many uncommon options like online shopping or home improvement. The customization is a huge selling point compared to other cards that lock you into specific bonus categories.

The secret sauce with this card is that those who qualify for the bank’s Preferred Rewards program can earn an additional 25% to 75% bonus points on all purchases. The downside could be that you’ll need at least $20,000 in combined assets to qualify for Preferred Rewards.

What We Don’t Like

To maximize cash back, you’ll have to stay on top of selecting your earning categories. You’re also limited on how much you can earn in your choice category.

Who It’s Best For

This is a dependable choice for someone who wants to earn cash rewards even after their intro APR period ends.

Expert Commentary

Best Balance Transfer Cards Of October 2024 (56)

Julian Kheel

Credit Cards and Travel Rewards Expert

With over 15 years of professional experience studying credit cards and travel loyalty programs, Julian Kheel has served as CNN’s senior editor covering travel and credit cards, as well as the editorial director for The Points Guy, and worked as a consultant for the biggest airlines. He is currently the CEO of Tripsight Inc., an award tools company that recently released Points Path, the first browser extension that automatically adds the prices of flights in miles into Google Flights search results to help travelers decide when to best use their travel rewards.

Julian first learned the ins and outs of credit card rewards and travel loyalty programs while flying more than 200,000 miles a year as a TV producer and director for World Wrestling Entertainment. (And yes, of course it’s all real.) He has previously written about travel and credit cards for U.S. News & World Report, Upgraded Points and Going, and created weekly columns for the travel websites Frequent Miler and Travel Codex.

In addition to appearing as a TV analyst to discuss travel and loyalty programs on national segments for CNN, Bloomberg News, CNBC’s “Squawk Box,” Yahoo Finance and Cheddar TV, Julian has also been featured on ABC and CBS Radio, and has been quoted in The Washington Post, The Wall Street Journal, and the Chicago Tribune on travel-related topics as well.

Julian Kheel

Best Balance Transfer Cards Of October 2024 (57)

Julian Kheel

Credit Cards and Travel Rewards Expert

With over 15 years of professional experience studying credit cards and travel loyalty programs, Julian Kheel has served as CNN’s senior editor covering travel and credit cards, as well as the editorial director for The Points Guy, and worked as a consultant for the biggest airlines. He is currently the CEO of Tripsight Inc., an award tools company that recently released Points Path, the first browser extension that automatically adds the prices of flights in miles into Google Flights search results to help travelers decide when to best use their travel rewards.

Julian first learned the ins and outs of credit card rewards and travel loyalty programs while flying more than 200,000 miles a year as a TV producer and director for World Wrestling Entertainment. (And yes, of course it’s all real.) He has previously written about travel and credit cards for U.S. News & World Report, Upgraded Points and Going, and created weekly columns for the travel websites Frequent Miler and Travel Codex.

In addition to appearing as a TV analyst to discuss travel and loyalty programs on national segments for CNN, Bloomberg News, CNBC’s “Squawk Box,” Yahoo Finance and Cheddar TV, Julian has also been featured on ABC and CBS Radio, and has been quoted in The Washington Post, The Wall Street Journal, and the Chicago Tribune on travel-related topics as well.

Credit Cards and Travel Rewards Expert

It’s all about choice with the Bank of America® Customized Cash Rewards credit card. Not only do you get to choose your top bonus category, but you can change it every month if you want. You’ll find the most value in this card if you’re also a member of Bank of America’s Preferred Rewards program by receiving a 25%-75% earning bonus on everything you buy.

Pros & Cons

  • Bank of America Preferred Rewards clients earn 25% to 75% more cash back
  • Decent rewards earning potential
  • Option to change 3% bonus category monthly
  • Bonus rewards have quarterly caps
  • High balance transfer fee
  • Foreign transaction fee

Card Details

  • $200 online cash rewards bonus after you make at least $1,000 in purchases in the first 90 days of account opening.
  • Earn 3% cash back in the category of your choice, automatic 2% at grocery stores and wholesale clubs (up to $2,500 in combined choice category/grocery store/wholesale club quarterly purchases) and unlimited 1% on all other purchases.
  • Choose 3% cash back on gas and EV charging station, online shopping/cable/internet/phone plan/streaming, dining, travel, drug store/pharmacy or home improvement/furnishings purchases.
  • If you’re a Bank of America Preferred Rewards® member, you can earn 25%-75% more cash back on every purchase. That means you could earn 3.75%-5.25% cash back on purchases in your choice category.
  • No annual fee and cash rewards don’t expire as long as your account remains open.
  • 0% Intro APR for 15 billing cycles for purchases, and for any balance transfers made in the first 60 days. After the Intro APR offer ends, a Variable APR that’s currently 18.74% – 28.74% will apply. A 3% Intro balance transfer fee will apply for the first 60 days your account is open. After the Intro balance transfer fee offer ends, the fee for future balance transfers is 4%.
  • Contactless Cards – The security of a chip card, with the convenience of a tap.
  • This online only offer may not be available if you leave this page or if you visit a Bank of America financial center. You can take advantage of this offer when you apply now.

$200 online cash rewards bonus after you make at least $1,000 in purchases in the first 90 days of account opening

Credit Score ranges are based on FICO® credit scoring. This is just one scoring method and a credit card issuer may use another method when considering your application. These are provided as guidelines only and approval is not guaranteed.

Top Balance Transfer Credit Card with Intro APR on New Purchases

Citi Rewards+® Card

Apply Now Best Balance Transfer Cards Of October 2024 (58)

On Citi's Website

4.5

Best Balance Transfer Cards Of October 2024 (60)

Forbes Advisor created additional star ratings so that you can see the best card for specific needs. This card shines for this use, but overall the star ratings may differ when compared to other cards.

Apply Now Best Balance Transfer Cards Of October 2024 (61)

On Citi's Website

Up to 5X Reward Rate

Earn 2X ThankYou® Points per dollar at supermarkets and gas stations for the first $6,000 per year and then 1XRead More

Welcome Bonus

Earn 20,000 bonus points

Annual Fee

$0

Regular APR

18.24% - 28.24% (Variable)

Credit Score

Excellent, Good(700 - 749)

Our Expert Take

Offering an introductory APR on both balance transfers and new purchases, the Citi Rewards+® Card is ideal for someone who can’t decide. It offers a little bit of everything when it comes to rewards, too, with a modest welcome offer and ongoing earnings.

Why We Like It

The headliner here is the 0% intro APR on balance transfers for 15 months from date of first transfer and on purchases from date of account opening. After that, the variable APR will be 18.24% – 28.24%, based on your creditworthiness. An intro balance transfer fee of either 3% of each transfer or a minimum amount of $5 within the first 4 months of account opening applies. After that, the amount of each balance transfer will be 5% of each transfer (minimum $5) applies. It’s fantastic to see an intro APR offer on new purchases on a balance transfer card since many other products are just one or the other.

While the welcome offer isn’t enough to turn heads, it’s a nice extra, considering many cards provide no bonus at all. You’ll earn 20,000 bonus points after spending $1,500 in purchases within 3 months of account opening; redeemable for $200 in gift cards at thankyou.com. That’s a great perk for a balance transfer card with a $0 annual fee.

What We Don’t Like

The ongoing rewards on this card have caps on its bonus categories. Most purchases earn only 1 point per dollar spent.

Who It’s Best For

If you’re looking for a card that can handle all your needs, the Rewards+ may fit the bill. Though it isn’t necessarily the best at anything, it’s worthy of attention for the sheer scope of its included features.

Expert Commentary

Best Balance Transfer Cards Of October 2024 (63)

Julian Kheel

Credit Cards and Travel Rewards Expert

With over 15 years of professional experience studying credit cards and travel loyalty programs, Julian Kheel has served as CNN’s senior editor covering travel and credit cards, as well as the editorial director for The Points Guy, and worked as a consultant for the biggest airlines. He is currently the CEO of Tripsight Inc., an award tools company that recently released Points Path, the first browser extension that automatically adds the prices of flights in miles into Google Flights search results to help travelers decide when to best use their travel rewards.

Julian first learned the ins and outs of credit card rewards and travel loyalty programs while flying more than 200,000 miles a year as a TV producer and director for World Wrestling Entertainment. (And yes, of course it’s all real.) He has previously written about travel and credit cards for U.S. News & World Report, Upgraded Points and Going, and created weekly columns for the travel websites Frequent Miler and Travel Codex.

In addition to appearing as a TV analyst to discuss travel and loyalty programs on national segments for CNN, Bloomberg News, CNBC’s “Squawk Box,” Yahoo Finance and Cheddar TV, Julian has also been featured on ABC and CBS Radio, and has been quoted in The Washington Post, The Wall Street Journal, and the Chicago Tribune on travel-related topics as well.

Julian Kheel

Best Balance Transfer Cards Of October 2024 (64)

Julian Kheel

Credit Cards and Travel Rewards Expert

With over 15 years of professional experience studying credit cards and travel loyalty programs, Julian Kheel has served as CNN’s senior editor covering travel and credit cards, as well as the editorial director for The Points Guy, and worked as a consultant for the biggest airlines. He is currently the CEO of Tripsight Inc., an award tools company that recently released Points Path, the first browser extension that automatically adds the prices of flights in miles into Google Flights search results to help travelers decide when to best use their travel rewards.

Julian first learned the ins and outs of credit card rewards and travel loyalty programs while flying more than 200,000 miles a year as a TV producer and director for World Wrestling Entertainment. (And yes, of course it’s all real.) He has previously written about travel and credit cards for U.S. News & World Report, Upgraded Points and Going, and created weekly columns for the travel websites Frequent Miler and Travel Codex.

In addition to appearing as a TV analyst to discuss travel and loyalty programs on national segments for CNN, Bloomberg News, CNBC’s “Squawk Box,” Yahoo Finance and Cheddar TV, Julian has also been featured on ABC and CBS Radio, and has been quoted in The Washington Post, The Wall Street Journal, and the Chicago Tribune on travel-related topics as well.

Credit Cards and Travel Rewards Expert

For those who never carry cash and use their credit card for even the smallest purchases, the “round up” feature of the Citi Rewards+ can quickly add up. But don’t sleep on the card’s 10% rebate on point redemptions up to the yearly cap, either. Take advantage of both of these features, and you’ll soon find yourself with a larger stack of rewards.

Pros & Cons

  • All purchases rounded up to the nearest 10 rewards points.
  • 10% points bonus added to the first 100,000 points redeemed annually.
  • No rotating categories to manage.
  • Foreign transaction fee.
  • Potentially high APR depending on your creditworthiness.
  • High balance transfer fee
  • Annual $6,000 spending cap on 2x points category.

Card Details

  • Earn 20,000 bonus points after you spend $1,500 in purchases with your card within 3 months of account opening; redeemable for $200 in gift cards at thankyou.com
  • Plus, as a special offer, earn a total of 5 ThankYou® Points per $1 spent on hotel, car rentals and attractions booked on CitiTravel.com through December 31, 2025.
  • 0% Intro APR on balance transfers for 15 months from date of first transfer and on purchases from date of account opening. After that, the variable APR will be 18.24% – 28.24%, based on your creditworthiness. There is an intro balance transfer fee of 3% of each transfer (minimum $5) completed within the first 4 months of account opening. After that, your fee will be 5% of each transfer (minimum $5).
  • Earn 2X ThankYou® Points at Supermarkets and Gas Stations for the first $6,000 per year and then 1X Points thereafter. Plus, earn 1X ThankYou® Points on All Other Purchases.
  • The Citi Rewards+® Card – the only credit card that automatically rounds up to the nearest 10 points on every purchase – with no cap.
  • No Annual Fee

Earn 20,000 bonus points after you spend $1,500 in purchases with your card within 3 months of account opening; redeemable for $200 in gift cards at thankyou.com

Credit Score ranges are based on FICO® credit scoring. This is just one scoring method and a credit card issuer may use another method when considering your application. These are provided as guidelines only and approval is not guaranteed.

Here's a Summary of the Best Balance Transfer Credit Cards

Credit Card

Best Balance Transfer Cards Of October 2024 (65)

Wells Fargo Reflect® Card

Best Balance Transfer Cards Of October 2024 (66)

U.S. Bank Visa® Platinum Card *

Best Balance Transfer Cards Of October 2024 (67)

Citi Double Cash® Card

Best Balance Transfer Cards Of October 2024 (68)

Citi Simplicity® Card *

Best Balance Transfer Cards Of October 2024 (69)

Citi® Diamond Preferred® Card

Best Balance Transfer Cards Of October 2024 (70)

Chase Freedom Flex®

Best Balance Transfer Cards Of October 2024 (71)

Discover it® Cash Back

Best Balance Transfer Cards Of October 2024 (72)

Citi Custom Cash® Card

Best Balance Transfer Cards Of October 2024 (73)

Bank of America® Customized Cash Rewards credit card

Best Balance Transfer Cards Of October 2024 (74)

Citi Rewards+® Card

Credit Card

Best For

Credit Score

Annual Fee

Welcome Bonus

Wells Fargo Reflect® Card

Best Credit Card for Extended Intro APR Period on Balance Transfers

Excellent, Good

$0

N/A

Best Balance Transfer Cards Of October 2024 (76)

U.S. Bank Visa® Platinum Card *

Best Balance Transfer Card With a Long Payoff Window

Good/Excellent

$0

N/A

Citi Double Cash® Card

Best Balance Transfer Credit Card for Fair Credit

Excellent, Good, Fair

$0

Earn $200 cash back

Best Balance Transfer Cards Of October 2024 (78)

Citi Simplicity® Card *

Best Balance Transfer Card for Late Fee Forgiveness

Excellent, Good

$0

N/A

Citi® Diamond Preferred® Card

Best Balance Transfer Credit Card for Long Transfer Window

Excellent, Good

$0

N/A

Best Balance Transfer Cards Of October 2024 (80)

Chase Freedom Flex®

Best Credit Card for Balance Transfer and Rewards

Excellent, Good

$0

$200 bonus

Discover it® Cash Back

Best Balance Transfer Credit Card for Cashback Match

Excellent/Good

$0

Cashback Match™

Citi Custom Cash® Card

Best Balance Transfer Card for Cash Back

Excellent, Good

$0

Earn $200

Best Balance Transfer Cards Of October 2024 (83)

Bank of America® Customized Cash Rewards credit card

Best Balance Transfer Card for Choosing Your Own Rewards

Excellent/Good

$0

$200

Citi Rewards+® Card

Top Balance Transfer Credit Card with Intro APR on New Purchases

Excellent, Good

$0

Earn 20,000 bonus points

Credit Score ranges are based on FICO® credit scoring. This is just one scoring method and a credit card issuer may use another method when considering your application. These are provided as guidelines only and approval is not guaranteed.

N/A

N/A

Earn $200 cash back after you spend $1,500 on purchases in the first 6 months of account opening. This bonus offer will be fulfilled as 20,000 ThankYou® Points, which can be redeemed for $200 cash back.

N/A

N/A

Earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening!

INTRO OFFER: Unlimited Cashback Match for all new cardmembers–only from Discover. Discover will automatically match all the cash back you’ve earned at the end of your first year! There’s no minimum spending or maximum rewards. You could turn $150 cash back into $300.

Earn $200 in cash back after you spend $1,500 on purchases in the first 6 months of account opening. This bonus offer will be fulfilled as 20,000 ThankYou® points, which can be redeemed for $200 cash back.

$200 online cash rewards bonus after you make at least $1,000 in purchases in the first 90 days of account opening

Earn 20,000 bonus points after you spend $1,500 in purchases with your card within 3 months of account opening; redeemable for $200 in gift cards at thankyou.com

Best Balance Transfer Cards Of October 2024 (2024)
Top Articles
Latest Posts
Recommended Articles
Article information

Author: Edmund Hettinger DC

Last Updated:

Views: 6192

Rating: 4.8 / 5 (58 voted)

Reviews: 89% of readers found this page helpful

Author information

Name: Edmund Hettinger DC

Birthday: 1994-08-17

Address: 2033 Gerhold Pine, Port Jocelyn, VA 12101-5654

Phone: +8524399971620

Job: Central Manufacturing Supervisor

Hobby: Jogging, Metalworking, Tai chi, Shopping, Puzzles, Rock climbing, Crocheting

Introduction: My name is Edmund Hettinger DC, I am a adventurous, colorful, gifted, determined, precious, open, colorful person who loves writing and wants to share my knowledge and understanding with you.