Apply for Balance Transfer Credit Cards Online

Balance Transfer Credit Cards

Balance transfer credit cards offer the possibility of transferring your outstanding credit card balance from a high interest credit card to a lower interest rate or even a 0% interest rate. These balance transfer card offers save you money on interest payments, help you consolidate your debt and lower your monthly debt payments.

 

What to look for in balance transfer credit card offers?

• Are there transfer fees involved?
• What may trigger a higher interest rate during the introductory APR period?
• Does the introductory APR cover both balance transfers and new purchases?

 

To find the answers to these questions it will be helpful to go to the "terms and conditions" on the balance transfer credit card application of your choice. If you have good credit it should be possible to find a balance transfer credit card with a year or longer 0% introductory rate and with no balance transfer fees. In some cases a low apr on balance transfers will last until the initial transfer amount is fully paid off.

 

See other Low Interest Rate Credit Cards

Low Interest Credit Cards  0% APR Credit Cards

 

 

	Discover® Motiva Card
	Cash rewards for your good credit management Each time you make 6 on-time payments in a row, you'll get a Pay-On-Time Bonus equal to a full month's interest added to your Cashback Bonus account 5% to 20% Cashback Bonus at over 150 top retailers through our online shopping mall Up to 1% unlimited Cashback Bonus on all other purchases 3.99% intro APR on balance transfers for a full 15 months, then the Regular APR 3.99% intro APR on purchases for a full 12 months , then the Regular APR
Introductory Rate Set-Up Fee Annual APR Annual Fee Credit Needed 3.99% APR* Free 11.99% - 20.99% (Variable)* $0 Average Balance Transfers: YES Issuer: Discover Rating: None

	IberiaBank Visa® Gold Cash Back Rewards Card
	No annual membership fee Low variable rate of 9.25%, 12.25%, or 15.25% (Prime + 6.00%, Prime + 9.00%, or Prime + 12.00%) as of 4/1/10 based on the creditworthiness. This APR will vary with the market based on the Prime Rate. (If there is an interest charge, the charge will be no less than $1.00). Low Introductory APR on balance transfers of 1.99% for your first 6 billing cycles, this rate will not change during the introductory period. Applies to balance transfers processed within three months of your account open date. After that, your APR will be the same as your assigned purchase rate, based on your creditworthiness. This APR will vary with the market based on the Prime Rate. Earn 1% in cash back credit on all qualifying purchases No limit on cash back; no expiration date on eligibility for accounts in good standing Travel accident coverage up to $500,000 Online access to credit card account information
Introductory Rate Set-Up Fee Annual APR Annual Fee Credit Needed 1.99% APR for 6 Months Free 9.25, 12.25%, or 15.25%* $0 Good Balance Transfers: YES Issuer: IberiaBank Rating: None

	Escape by Discover® Card
	25,000 Bonus Miles - Earn 1,000 Miles each month you make a purchase for the first 25 months 2 Miles per $1 on all purchases No limit on the Miles you earn and Miles dont expire* Fly on any airline, book any hotel or car, with no blackout dates Use Miles for travel, merchandise, gift cards or cash 0% intro APR on purchases and balance transfers for 6 months then the regular APR Industry Leading Customer Service Enhanced travel benefits like Travel Delay Insurance and Trip Cancellation Insurance
Introductory Rate Set-Up Fee Annual APR Annual Fee Credit Needed 0% APR for 6 Months* n/app 10.99% (V) $60 Average Balance Transfers: YES Issuer: Discover Rating: None

	IberiaBank Visa® Classic Card
	No Annual Membership Fee Low variable rate of 7.25%, 10.25%, or 13.25% (Prime + 4.00%, Prime + 7.00%, or Prime + 10.00%) as of 4/1/10 based on the creditworthiness. This APR will vary with the market based on the Prime Rate. (If there is an interest charge, the charge will be no less than $1.00). Low Introductory APR on balance transfers of 1.99% for your first 6 billing cycles, this rate will not change during the introductory period. Applies to balance transfers processed within three months of your account open date. After that, your APR will be the same as your assigned purchase rate, based on your creditworthiness. This APR will vary with the market based on the Prime Rate. Online Access to Credit Card Account Information
Introductory Rate Set-Up Fee Annual APR Annual Fee Credit Needed 1.99% APR for 6 Months Free 7.25%, 10.25%, 13.25%* $0 Average Balance Transfers: YES Issuer: IberiaBank Rating: None

	IberiaBank Visa® Platinum Rewards Card
	No annual membership fee Low variable rate of 9.25%, 12.25%, or 15.25% (Prime + 6.00%, Prime + 9.00%, or Prime + 12.00%) as of 4/1/10 based on the creditworthiness. This APR will vary with the market based on the Prime Rate. (If there is an interest charge, the charge will be no less than $1.00). Low Introductory ARP on balance transfers of 1.99% for your first 6 billing cycles, this rate will not change during the introductory period. Applies to balance transfers processed within three months of your account open date. After that, your APR will be the same as your assigned purchase rate, based on your creditworthiness. This APR will vary with the market based on the Prime Rate. Earn 1 bonus point for every $1 in qualifying net retail purchases Turn your points into hotel, gift, or experience rewards Travel accident coverage up to $1,000,000 Online access to credit card account information
Introductory Rate Set-Up Fee Annual APR Annual Fee Credit Needed 1.99% APR for 6 Months Free 9.25%, 12.25%, or 15.25%* $0 Good to Excellent Balance Transfers: YES Issuer: IberiaBank Rating: None

	IberiaBank Visa® Select Card
	Introductory Rate of 0.00% or 7.50% based on creditworthiness for 12 months from date opened on Purchases. (If there is an interest charge, the charge will be no less then $1.00). This rate will not change during the introductory period. Low Introductory APR on Balance Transfers of 1.99% for the first 12 billing cycles, this rate will not change during the introductory period. Applies to balance transfers processed within three months of your account open date. After that, your APR will be the same as your assigned purchase rate, based on your creditworthiness. Low Ongoing Variable Rate APR after introductory period of 7.50%, 9.50%, or 11.50% (Prime + 4.25%, Prime + 6.25%, and Prime + 8.25%) based on your creditworthiness. This APR will vary with the market based on the Prime Rate. (If there is an interest charge, the charge will be no less then $1.00). Online access to credit card account information
Introductory Rate Set-Up Fee Annual APR Annual Fee Credit Needed 0.00% or 7.50% for 12 Months on Purchases Free 7.50% $45 Average Balance Transfers: YES Issuer: IberiaBank Rating: None

Comparing and Choosing the Best Balance Transfer Credit Cards

Your goal is to transfer your credit card debt from a higher interest credit card to a lower interest credit card or to consolidate and transfer all your credit debt onto one low interest credit card.  These are some of the issues you need to consider when you are comparing balance transfer credit card offers whether you are considering a low interest card or a card with a 0% introductory offer. All of this information can be found in the "terms and conditions" section of the credit card application contract.

1. Is the low interest rate an introductory rate that will only last for a short amount of time or will it apply to the full life of the transfer until the initial transfer amount has been fully paid off.
2. Once the introductory period is over what is the regular ongoing interest rate you will be charged.
3. If this is a credit card you will also be adding new purchases to, then be sure the low APR interest credit rate or 0% introductory APR interest rate is also applied to new spending.
4. If the credit card allows for low interest or a 0% introductory offers on both transfers and new spending, are these offers applicable for the same amount of time, for example a 0% introductory offer may apply to balance transfers for 12 months and new purchases for only 6 months.
5. Find out if there are certain things that may trigger a higher interest rate such as a late payment or a required minimum payment. 
6. Are there additional fees involved in the balance transfer credit cards you are considering? There may be yearly maintenance fees, flat fees or percentage fees (1% to 3% usually) charged for moving a balance from one credit card to another.
7. Make the transfers within the transfer time period allowed by the bank or there may be additional fees.
8. Look to see if there is a limit to the number of balances that can be transferred from other cards.

If you have a large debt and don’t think you’ll be able to pay it off before the end of the 0% introductory offer period, you’ll probably be better off going for a low "life of the balance" credit card instead.

 

If you continually move your credit card debt from one 0% interest credit card to another in order to avoid paying any interest on your debt it may spoil your credit score. The best advice for improving your credit rating is to stick with one balance transfer credit card or low interest credit card and pay off the balance gradually each month without making any late payments until the debt balance is fully paid off.

 

See other Low Interest Rate Credit Cards

Low Interest Credit Cards  0% APR Credit Cards

 

 

 

 

 

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