I was recently asked about the best 0% balance transfer card to use after a friend of mine read one of my latest links: https://www.jeemoney.com/6-mistakes-that-will-turn-a-balance-transfer-into-a-nightmare/ .
NerdWallet goes through their top 3 list, and then has a handy comparison chart near the end of the post. Most of these cards charge a 3% transfer fee, but then you get 12-21 months of 0% interest. A definite bargain if you are paying anything over 3%. You’ll have to check whether new charges get paid off AFTER that balance transfer. Otherwise, you’ll be paying interest on those new charges.
Move your high-interest debt to a balance transfer credit card, and you’ll have ample time to pay it off interest-free — as long as 21 months, depending on the card. That could save you hundreds of dollars, depending on the length of the 0% balance transfer APR period, the balance transfer fees, the ongoing APRs and other factors. NerdWallet ranked balance transfer credit cards according to those criteria to find the best offers. These cards got top marks: Best for $0 intro transfer fee: Chase Slate® Lon