4 best balance transfer credit cards of 2021

Balance transfer credit cards come in handy if you are looking to move an outstanding debt from one credit account to another. These credit cards typically come with lower interest rates and other benefits that can help maintain a good credit score. So, if you have an outstanding loan that is hurting your credit score, these best balance transfer cards of 2021 can help ease some financial burden.

Citi Simplicity® Card
One of the best things about using this balance transfer credit card in 2021 is that it charges low intro APR. And if you fail to pay for an installment on time, it does not levy late fees or penalty APR. Citi Simplicity® Card offers 0% APR on balance transfers for 18 months. Once this window closes, it offers variable APR of 14.74% to 24.74%. You can get low transfer rates within four months of account opening. 

U.S Bank Visa® Platinum Card
Another one of the best balance transfer credit cards of 2021, U.S Bank Visa® Platinum Card offers long intro APR. It offers 0% APR for the first 20 billing cycles on purchases and balance transfers completed within 60 days of opening the account. Once the 20 billing cycles are lapsed, the bank charges variable APR ranging from 14.49% – 24.49%. The bank also charges 3% balance transfer fee per transfer.

Discover it® Balance Transfer
It has one of the lowest variable APR ranging from 11.99% to 22.99%. Discover it® Balance Transfer credit card offers 0% intro APR on purchases for as much as 180 days and 0% balance transfers for 18 months. The balance transfer credit card requires you to have a credit score between 690 to 850. Users recommend getting the credit card for balance-transfers and cash-back rewards. However, the bonus activation requirement can be a hassle.

Wells Fargo Platinum Card
With a $0 annual fee, this balance transfer credit card offers 0% intro APR for 18 months from the date of account opening on both purchases and balance transfers. It charges variable APR ranging from 16.49% and 24.49% once introductory offers are lapsed. The balance transfer fee for the first 120 days is 3%, which later rises to 5%.