Balance transfers are a useful financial tool but often come with fees. Here's how to save with the best credit union cards offering no transfer fees.
Save money on credit card interest · If you transfer a balance from a high-interest credit card to a Discover Card with an introductory 0% APR balance transfer offer, you can use the money you save on interest charges to pay down your debt. Pay down your current credit card debt · When you consolidate all your higher-rate credit card debt--or other outstanding debts--with a Discover balance transfer offer, you end up with a single monthly payment and may reduce how much you pay in interest i...
Annual Fee : $0, Regular APR : 17.74% – 27.74% Variable, Intro Bonus : N/A, Credit Score : Good – Excellent
Credit cards with no foreign transaction fees give you the freedom to spend internationally without the added cost.
Vault’s Viewpoint on Balance Transfer Fees ; The majority of balance transfer credit cards charge balance transfer fees between 3% to 5% of the debt amount transferred. ; Balance transfer fees are added upfront to the debt amount moved to a new card, thus increasing the person’s debt load off the bat. ; Having ample time to pay down debt at 0% APR can make paying a balance transfer fee worth it despite the cost.
Credit card issuers charge a balance transfer fee on the total amount transferred from one credit card to another, but that shouldn’t steer you away.
The Discover it Balance Transfer offers a long 0% intro APR and generous rewards — a combination you don't find on most balance transfer credit cards.
Take control of your finances and enjoy 0% interest on balance transfer fees with our Everyday Credit Card.
Learn how balance transfers work to move credit card debt to a new card with a 0% or low introductory interest rate and if a balance transfer is right for you.
With an APR as low as 11.00% and no annual or balance transfer fees, our low rate credit card is great for large purchases you want to pay off over time.