4 Top Balance Transfer Credit Card Deals for the New Year

4 Top Balance Transfer Credit Card Deals for the New Year
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Sometimes, the coolest thing about a credit card is the rewards — upgrades, hotel points, travel miles, oh my! But sometimes, what you really need in a credit card is a way to lighten the load of other credit card debt.

If you have balances on cards with a high interest rate, check out these offers for 0% rates on balance transfers for introductory periods as long as 15 months — and some nice cash-back programs, too, depending on your needs. See which one best fits your financial situation and spending habits.

Capital One Quicksilver Cash Rewards

Capital One

Why it’s awesome: This card offers 15 months at 0% interest on balance transfers plus 0% interest on all purchases for 15 months. If you’re going to be using it day-to-day, you’ll quickly net a $150 cash bonus after spending $500 with this card within the first three months — and you’ll enjoy a strong cash-back program as long as you have it.

More highlights:

  • Get 1.5% cash back on all purchases, unlimited
  • No annual fee
  • No foreign transaction fees

Note: Balance transfers in the first 15 months are subject to a fee of 3%.

Click here for more details and to compare this card with other offers.

Chase Freedom Unlimited

Chase

Why it’s great: This card also has a good balance transfer offer, with 15 months at 0%. If 15 months is a realistic timeline for you to pay off the transferred balance, then jump on this card for all its other perks — including an awesome cash-back program.

More highlights:

  • Get all purchases at 0% interest for 15 months as well. (At this moment, that translates to March 2021.)
  • Earn 3% cash back on purchases up to $20,000 in your first year. After that, get 1.5% cash back, unlimited, on all purchases.
  • No annual fee

Note: This card charges a fee of 3% of the value, with a minimum of $5, on balance transfers during the first 60 days of opening the account.

Click here for more details and to compare this card with other offers.

Capital One SavorOne Cash Rewards

Capital One

Here’s why we love it: Not only will you get cash back when you use this card to purchase anything from electronics to cocktails, but you’ll also get a $150 cash bonus after making $500 worth of purchases within three months of opening this account. That’s in addition to 0% interest on balance transfers for 15 months.

Plus, this card gets top marks for price protection, allowing you to get a refund for the difference between what you paid on an item and a lower price advertised later. “In other words,” WalletHub explains, “credit card price protection can eliminate your fear of missing out on a better deal, allowing you to both buy with confidence and save money.” Yay!

Highlights:

  • Get 0% interest on balance transfers for 15 months
  • Earn a $150 cash bonus after spending $500 within three months of opening the account.
  • Earn unlimited cash back: 3% on dining and entertainment, 2% at grocery stores and 1% on everything else.
  • No foreign transaction fees
  • No annual fee
See more details and compare with other card offers here.

Chase Freedom

Chase

Why we like it: This card offers an introductory 0% interest rate on balance transfers and purchases for 15 months. Like the Capital One card, it also earns you a $150 bonus after spending just $500 in the first three months with the card. It also has a strong cash-back program, but it’s a little more complex than the Capital One card program, with rotating categories.

More highlights:

  • Get a $150 bonus after $500 worth of purchases in the first three months of opening the account.
  • Earn 5% cash back on up to $1,500 purchases in bonus categories each quarter. (That’s up to $75 per quarter or $300 a year.)
  • Earn an automatic unlimited 1% cash back on all other purchases.
  • No annual fee

Note: Balance transfers subject to a transfer fee of $5 or 3% of the amount transferred, whichever is greater, within the first 60 days. The transfer fee is the greater of $5 or 5% after that.

Click here to see more details for this card and to compare it with other offers.

Whatever you need in a credit card — whether it’s reward points, cash back, balance transfer or a low interest rate — you can find with our credit card search tool. Click here to search for the plastic that best fits your needs.

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