If you are carrying a balance on a high-interest credit card, a balance transfer card can save you hundreds — or even thousands — of dollars in interest. The best balance transfer cards offer 0% APR for 15–21 months, giving you time to pay down your debt without a single cent of interest charges.
Best Balance Transfer Cards of 2026
The Citi Simplicity offers the longest 0% balance transfer period available — 21 months. There are no late fees and no penalty APR, making it the most forgiving option if you occasionally miss a payment. The 3% balance transfer fee (minimum $5) is standard for the industry.
Apply for Citi Simplicity →Discover's balance transfer card is unique because it earns rewards while you pay off your transferred balance. The 18-month 0% period is generous, and the first-year cash back match means you effectively earn double rewards on all purchases during year one.
Apply for Discover it Balance Transfer →The Citi Double Cash is the best card to keep after the promotional period ends. Once you pay off your balance, you have a 2% cash back card with no annual fee — one of the best everyday cards available. This makes it the smartest long-term choice if you plan to keep the card after the 0% period.
Apply for Citi Double Cash →How Balance Transfers Work
When you open a balance transfer card, you request to move your existing balance from your old card to the new one. The new card pays off your old card, and you now owe the balance to the new issuer — at 0% APR for the promotional period. Most transfers complete within 5–7 business days.
Key rules to follow
- Pay off the full balance before the promotional period ends — Any remaining balance after the 0% period reverts to the regular APR (typically 19–29%).
- Do not use the card for new purchases — Payments are applied to the lowest-APR balance first, meaning new purchases may accrue interest while your transferred balance is paid down.
- Do not miss a payment — A missed payment can void the 0% promotional rate on some cards.
Use our financial matching quiz to find the best balance transfer card for your credit score.