Best Balance Transfer Credit Cards with No Transfer Fee in January 2025
Carrying credit card debt can be a burden, but a balance transfer credit card offers a way to consolidate your debt with a 0% APR promotion. For those who want to maximize their savings, balance transfer cards with no transfer fee are the ideal option. These cards allow you to transfer your existing debt without incurring the typical 3% or 5% fee, providing even more financial relief. Here are the best balance transfer credit cards with no transfer fee for January 2025.
1. U.S. Bank Visa® Platinum Card
Best for Long 0% APR Period
The U.S. Bank Visa® Platinum Card is a top contender for those looking to transfer a balance and take advantage of a long 0% APR period. With a 0% introductory APR on balance transfers for up to 20 billing cycles, it gives you plenty of time to pay off your debt without accruing interest. The card also doesn’t charge a balance transfer fee for transfers made within the first 60 days of account opening, making it a great choice for consolidating high-interest debt.
- Intro APR: 0% for 20 billing cycles on balance transfers (then 14.49% – 24.49% variable).
- Balance Transfer Fee: $0 for transfers made within the first 60 days, 5% after that.
- Annual Fee: $0
- Other Benefits: Extended warranty, purchase protection.
2. Wells Fargo Reflect® Card
Best for Extended 0% APR on Purchases and Balance Transfers
The Wells Fargo Reflect® Card offers a 0% intro APR on balance transfers and purchases for up to 21 months, which is one of the longest periods available. While it does charge a balance transfer fee of 3%, if you’re able to make your transfer within the first 120 days, this card could provide significant savings on interest over a longer period.
- Intro APR: 0% for 21 months on balance transfers and purchases (then 17.24% – 29.99% variable).
- Balance Transfer Fee: 3% of the amount of each transfer.
- Annual Fee: $0
- Other Benefits: Access to a mobile app for managing your account, additional cardholder perks.
3. Chase Slate Edge℠ Card
Best for Balance Transfer and Additional Rewards
The Chase Slate Edge℠ Card offers a 0% introductory APR on balance transfers for 18 months and does not charge a balance transfer fee during the first 60 days. This makes it a fantastic option for those who want to transfer their balances with no upfront cost and save on interest payments over time. Plus, this card offers the chance to earn a $100 bonus after making your first $500 in purchases within the first 6 months.
- Intro APR: 0% for 18 months on balance transfers (then 19.49% – 28.24% variable).
- Balance Transfer Fee: $0 for transfers made within the first 60 days, 5% after that.
- Annual Fee: $0
- Other Benefits: $100 bonus after spending $500 in the first 6 months, purchase protection, and extended warranty.
4. BankAmericard® Credit Card
Best for No Fees on Transfers
The BankAmericard® Credit Card is a solid choice for those looking to consolidate debt with no balance transfer fee. This card offers a 0% introductory APR on balance transfers for 18 billing cycles and does not charge a balance transfer fee within the first 60 days. Afterward, it charges a 3% balance transfer fee. It’s ideal for debt consolidation and comes with a low annual fee.
- Intro APR: 0% for 18 billing cycles on balance transfers (then 16.49% – 26.49% variable).
- Balance Transfer Fee: $0 for transfers made within the first 60 days, 3% after that.
- Annual Fee: $0
- Other Benefits: Free FICO® score access, mobile banking app.
5. Citi® Diamond Preferred® Card
Best for Longer Balance Transfer Period
Citi’s Diamond Preferred® Card offers 0% intro APR on balance transfers for 21 months, which is one of the longest promotional periods available. Although it does charge a balance transfer fee of 5%, if you can make your transfer early, this card gives you ample time to pay down your debt without interest.
- Intro APR: 0% for 21 months on balance transfers (then 18.49% – 29.49% variable).
- Balance Transfer Fee: 5% of each transfer or $5, whichever is greater.
- Annual Fee: $0
- Other Benefits: Access to Citi Entertainment for tickets to events, 24/7 customer service.
6. Discover it® Balance Transfer
Best for Cashback and No Transfer Fee
If you want a balance transfer card that offers rewards in addition to saving on interest, the Discover it® Balance Transfer card is an excellent option. It provides a 0% APR for 18 months on balance transfers and purchases, and there’s no transfer fee for the first 60 days. On top of that, you’ll earn 1% cashback on all purchases and 5% on rotating categories each quarter.
- Intro APR: 0% for 18 months on balance transfers (then 11.99% – 23.99% variable).
- Balance Transfer Fee: $0 for transfers made within the first 60 days, 3% after that.
- Annual Fee: $0
- Other Benefits: Cashback match for the first year, free FICO® score.
Conclusion
Choosing a balance transfer card with no fee can be a great way to reduce your debt load without additional charges. The best card for you will depend on how much debt you need to transfer and how quickly you can pay it off. For the longest 0% APR periods, the U.S. Bank Visa® Platinum Card and Citi® Diamond Preferred® Card are solid choices. For those who want no fees upfront, the Discover it® Balance Transfer and Chase Slate Edge℠ Card stand out.
