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.IBERIABANK Visa® Classic Card
- Variable Rate APR ranging from Prime + 4.00% thru Prime + 10.00% depending on creditworthiness and other factors
- Purchase and Cash Advance APR's may vary with the market based on the Prime Rate.
- No annual membership fee
- Low Introductory APR on balance transfers for the first 6 billing cycles. Applies to balance transfers processed within three months of your account open date
- 25 day grace period
- Online access to credit card account information
| Intro APR | Intro Period | Regular APR | Annual Fee | Balance Transfer | Credit Needed |
| N/A | N/A | None | See Terms* | Excellent |
Discover® More(SM) Card - Monogram
- 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%* | Excellent |
Visa® Black Card
- 24-Hour Concierge Service: Enjoy the personalized assistance of a 24-hour Concierge Service catering to entertainment, travel, business, shopping and lifestyle needs.
- Exclusive Rewards Program: Receive 1% cash back on all purchases with Black Card’s Exclusive Rewards Program.
- Travel Redemption: Redeem points at a higher rate for flights on any airline at any time. No blackout dates or advance purchase requirements.
- Luxury Gifts: Cardmembers receive luxury gifts from some of the world's top brands.
- Travel Lounge Priority Pass: Complimentary membership which provides access to over 600 lounges in more than 100 countries.
- Limited Membership: Membership is limited to ensure the highest caliber of personal service is provided to each Cardmember.
- Black Card Benefits: Cardmembers are eligible for benefits including Worldwide Travel Insurance, Baggage Delay Insurance, Trip Interruption Insurance, Warranty Manager Service and Purchase Security.
| Intro APR | Intro Period | Regular APR | Annual Fee | Balance Transfer | Credit Needed |
| N/A | N/A | $495 | See terms* | Excellent |
Discover® More(SM) Card - Wildlife Collection
- 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 |
Biodegradable Discover® More Card
- Help protect the planet with the new biodegradable Discover Card
- Card plastic breaks down 99% within five years in landfill conditions
- 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 |
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.
