Compare Balance Transfer Credit Cards
With a balance transfer credit card, the holder can consolidate the credit card’s debt onto another credit card in order to save money on interest charges. Like low interest credit cards, the balance transfer credit cards have low introductory APR’s and in some cases no annual fee. In layman’s terms, debt management becomes considerably easier.Discover® More(SM) Card - American Flag
- Earn more cash in more ways than anyone else(SM)
- Unlimited cash rewards, automatically
- Up to 20% Cashback Bonus® when you shop online
- Double rewards with more than 100 Cashback Bonus Partners
- Customer Service in less than a minute, anytime you want
- 0% Intro APR for 6 months on Purchases, and up to 12 months on Balance Transfers*
| Intro APR | Intro Period | Regular APR | Annual Fee | Balance Transfer | Credit Needed |
| 0%* | 6 Months* | None | 5%* | Good |
Starwood Preferred Guest(R) Credit Card from American Express
- Earn up to 25,000 Starpoints (R) - enough for up to 6 free nights at a category 1 or 2 hotel.
- Use Starpoints(R) for free nights and upgrades at participating Starwood hotels and resorts in 95 countries including Sheraton, W Hotels, Westin and more with no blackout dates
- No annual fee for the first year and $45 thereafter
- Transfer Starpoints(R) - almost always on a 1:1 basis - to the frequent flyer programs of over 30 major airlines
- Earn one Starpoint(R) for every dollar you spend and double Starpoints(R) at participating Starwood properties and retail partners
- Express Approval. Get a decision in less than 60 seconds.
| Intro APR | Intro Period | Regular APR | Annual Fee | Balance Transfer | Credit Needed |
| See Terms* | See Terms* | See Terms* | See Terms* | Excellent |
Simmons First Visa® Platinum Rewards
- Excellent Credit Required - Applicants that do not have excellent credit will not be approved
- Low 9.25% variable standard purchase APR and platinum benefits
- No balance transfer fee for balances transferred in response to this online offer
- Travel Rewards - cardholders who enroll in the program receive one point per net dollar spent
- Choose any U.S. based airline or ticket class. No blackout dates or seating restrictions
- Other travel related options are hotels, cruises, vacation packages, car rental, and restaurants
- No Annual Fee
| Intro APR | Intro Period | Regular APR | Annual Fee | Balance Transfer | Credit Needed |
| N/A | N/A | None | See Terms* | Excellent |
Discover® More(SM) Card
- Earn more cash in more ways than anyone else(SM)
- Unlimited cash rewards, automatically
- Up to 20% Cashback Bonus® when you shop online
- Double rewards with more than 100 Cashback Bonus Partners
- Customer Service in less than a minute, anytime you want
- 0% Intro APR for 6 months on Purchases, and up to 6 months on Balance Transfers*
| Intro APR | Intro Period | Regular APR | Annual Fee | Balance Transfer | Credit Needed |
| 0%* | 6 Months* | None | 3%* | Good |
Discover® Motiva(SM) Card
- Cash Rewards for your good credit management!
- Get a Pay-On-Time Bonus(SM) equal to a full month’s interest every time you make 6 on-time payments in a row—twice a year, every year
- 5% to 20% Cashback Bonus® at top retailers through our exclusive online shopping site
- Up to 1% Cashback Bonus on all other purchases
- Unlimited cash rewards
- Increase, even double, your rewards when you redeem for gift cards from our 100 Cashback Bonus Partners
- 3.99% Intro APR for 6 months on Purchases, and 12 months on Balance Transfers*
| Intro APR | Intro Period | Regular APR | Annual Fee | Balance Transfer | Credit Needed |
| 3.99%* | 6 Months* | None | 3%* | Good |
FAQs on Balance Transfer Credit Cards
What is a Balance Transfer Credit Card?
This is a credit card that has outstanding charges from other credit cards transferred to it.
Can anyone get one of these?
In most cases, anyone with a social security number and mailing address is eligible for one. Check with the card issuer.
How does it work?
Once the card holder has successfully transferred their credit card balances to the new card, the card issuer in most cases will allow a grace period by charging a lot less on the transferred balance.
Why would the Balance Transfer Credit Card be the choice for me?
If you are able to effectively manage your debts and balances then this might be the credit card for you. It is one of the best methods to reduce credit card debt by opening a new account that offers a balance transfer when the old one expires.
Are there any charges incurred for a Balance Transfer?
Some banks do charge a fee that is a percentage of the balance transferred. Always check with the bank to ensure there is a cap on the fee amount.
