Which Balance Transfer Credit Card Should You Consider If You Are Transferring Away From a Chase Card
If you want to transfer your balance on Chase credit cards, you must find a balance transfer card that is not issued by Chase. This is because Chase bank does not allow the transferring of the balance to a balance transfer card that they issue. The following are the top 4 balance transfer cards for those who want to transfer their balance away from Chase credit card.
Citi Diamond Preferred is the only card with 21 months zero percent intro promo for balance transfers. When the 21 months intro promo comes to an end, you will be charged with a variable APR from 14.24% – 24.24%. The intro promo for purchases last for 12 months only. Citi Price Rewind allows you to get refund on the price differences if you can find the same item on sale at another store within 60 days. Like other cards, it charges a $5 or 5% balance transfer fee. There is no annual fee charges.
2. Blue Cash Everyday Card from Amex
Blue Cash Everyday Card from Amex has a 0% intro balance transfer promo program that last for 15 months. In the first 3 months, you spend $1,000 and they will give you a $150 statement credit. Shopping at local supermarkets will earn you 3% cash back up to $6,000 per year. Using the card to purchase gas at local gas station will also earn you 2% cash back.
3. AmexEveryday Credit Card from American Express
The AmexEveryday Credit Card from American Express offers 15 months zero percent intro promo, after which you will be charged with an interest from 14.49% – 25.49%. There is $0 balance transfer fee if you transfer all your balance within a period of 60 days. If you spend $1,000 within 3 months, you will earn 10K membership rewards points. There is a rewards program where you earn 2x points for shopping for your grocery at a supermarket. They will reward you 20% more points when you use your card for purchases for at least 20 times.
4. Discover it 18 Months Balance Transfer Card
Discover it 18 months balance transfer card features up to 18 months of intro balance transfer period. The regular rate of 13.24% – 24.24% applies when you reach the end of the intro promo period. It has a cash back program where you can earn 5% cash back on quarterly rotating categories. One percent cash back is automatically credited to your account on other purchases. It has no annual fee, and no foreign transaction fee.
5. Citi Double Cash Card
Citi Double Cash Card also offers up to 18 months intro balance transfer period. You will get charged with a variable APR from 14.74% – 24.74% at the end of the intro period. Each purchase will earn you 2% cash back with 1% cash back credited to your account as you buy and the remaining 1% cash back when you settle the balance. It charges a regular 3% balance transfer fee or $5 minimum.