Author: Greg Johnson  Last Updated: November 18, 2020

Need a good option for securing interest free credit? 0% APR and balance transfer cards could help!

Sure, you need to be careful not to run up a bunch of debt you can’t afford. When used properly, however, these cards can help you stretch out your payments for a year or more – all while avoiding interest.

In the past, we’ve used 0% APR cards for things like home remodeling projects, Christmas shopping, and more. So, if you have a big project coming up but don’t want to go through the hassle of getting a loan, these credit cards can help fund the project interest free for 12 to 18 months!  (Just make sure you pay it off in time.)

Using balance transfer credit cards can also be a good way to destroy debt at turbo speed! The best balance transfer cards all include introductory APRs of 0%, making it possible to transfer higher-interest debt to these interest-free havens – helping you can pay it off in a flash.

When we were in debt, we used balance transfer credit cards to consolidate our high-interest credit card debt into one place. Taking advantage of the 0% rate helped us make payments toward the principle balance instead having big chunks of each payment go toward interest. By eliminating interest charges and increasing our payments, we had our debts knocked out in a few months.

Sound interesting? Here’s a list of our favorite 0% APR and balance transfer cards right now. Enjoy!

(Disclosure: Club Thrifty has partnered with CardRatings for our coverage of credit card products. If you apply for a card using our links, Club Thrifty and CardRatings may receive a commission from card issuers. Opinions, reviews, analyses, and recommendations are the author’s alone, and have not been reviewed, endorsed, or approved by any of these entities. Read our full disclosure statement here.)

Top 0% APR and Balance Transfer Credit Cards

We’ll dive into the details of each card in a minute, but first we want to introduce you to our current list. Without further ado, here are the Best 0% APR Balance Transfer Credit Cards of 2020.

 

Citi Diamond Preferred Card – Best for Balance Transfers

image of citi diamond preferred cardWith an introductory APR of 0% on purchases and balance transfers for the first 18 months, the Citi Diamond Preferred Card helps you get by without paying interest for longer. In fact, it has the longest 0% APR period of any card on this list — making it a great card to use for either a balance transfer or an extended project or remodel.

If you’re using the card for a balance transfer, the card does have a 3% balance transfer fee ($5 minimum charge). This falls in line with most balance transfer card offers, so it’s always good keep that in mind when planning a transfer.

Here’s a little more information before you apply:

  • 18-month introductory 0% APR on purchases and balance transfers
  • Free FICO score access
  • Complimentary concierge service
  • Annual Fee: None
  • Balance Transfer Fee: 3% ($5 minimum)
  • Learn how to apply

 

Chase Freedom Unlimited – Great for 0% APR

Chase Freedom Unlimited Card imageThe Chase Freedom Unlimited Card is another excellent choice. With a 0% APR on purchases for the first 15 months, what’s not to like?

In addition to the awesome intro APR, you’ll also earn a up to 5% unlimited cash back in certain categories (5% cash back on travel purchase through Chase, 3% cash back at restaurants and drugstores, 1.5% cash back on all purchases). Plus, you can earn a $200 sign up bonus for spending just $500 in the first three months. That’s cash in your pocket, my friend…and that’s tough to beat.

Here’s some more food for thought:

  • 0% APR on purchases for 15 months
  • $200 sign up bonus when you spend $500 in the first 3 months
  • 5% cash back on travel purchases through Chase portal (unlimited)
  • 3% cash back on dining at restaurants and drugstore purchases (unlimited)
  • 1.5% cash back on all other purchases (unlimited)
  • 5% cash back on groceries up to $12,000 in purchases the first year (not available at Target or Walmart)
  • No minimums to redeem
  • Cash back does not expire while account is open
  • Annual Fee: None

Learn how to apply | Read full review

 

Chase Ink Business Cash – Best for Business Owners

Chase Ink Business Cash Card LogoNeed a 0% APR card for your business? The Chase Ink Business Cash Card offers an introductory 0% APR on purchases for the first 12 months you have the card. Use it for big purchases, completing renovations or projects, and more!

Besides the APR, you’ll love earning 5% cash back on the first $25,000 of combined purchases in select business categories – like office supplies, internet, phone, and cable TV. You’ll also earn 2% cash back on the first $25,000 in combined purchases at gas stations and restaurants. Plus, you can earn a $750 cash back bonus when you spend $7,500 on the card in the first 3 months.

Here are some more details:

  • 0% APR on business purchases for first 12 months
  • $750 sign up bonus when you spend $7,500 in first 3 months
  • 5% cash back on first $25K in purchases in select business categories
  • 2% cash back on first $25K in purchases at gas stations and restaurants
  • 1% cash back on all other spending
  • Cash back can be redeemed at any time for statement credit or bank deposit
  • Annual Fee: None

Learn how to apply | Read full review

 

Capital One Quicksilver Cash Rewards Credit Card

image of capital one quicksilver cash rewards credit cardThe Capital One Quicksilver Cash Rewards Credit Card isn’t just a great cash back credit card; it doubles as a super 0% APR card!

Offering 0% APR on purchases for the first 15 months helps the Quicksilver Cash Rewards Card find a spot near the top of our heap. You’ll also earn an unlimited 1.5% cash back on all purchases and a $200 cash back bonus when you spend just $500 on purchases in the first three months.

Need more convincing? Here’s you go:

  • $200 cash bonus for spending $500 in 3 months
  • 0% APR on purchases for first 15 months
  • Earn unlimited 1.5% cash back on all purchases
  • No rotating categories to worry about
  • Cash back never expires while your account stays open
  • No foreign transaction fees
  • Annual Fee: None

Learn how to apply | Read full review

 

Chase Freedom Flex Card

Chase Freedom Flex Card imageThe brand new Chase Freedom Flex Card has arrived, and it is a good one! With an introductory 0% APR on purchases for the first 15 months, this card immediately vaults into contention for the best 0% APR card available.

Want more than just a great introductory rate? The Freedom Flex card has you covered. You’ll earn up to 5% cash back in both fixed and rotating categories, up to $600 in cash back on grocery spending the first year (excludes Target and Walmart), and there is no annual fee to worry about.

Of course, that’s not all! Take a look at what this card has to offer:

  • 0% APR on purchases for first 15 months
  • $200 signup bonus when you spend $500 the first 3 months
  • 5% cash back on first $1,500 of spending each quarter in rotating bonus categories
  • 5% cash back on travel purchased through Chase Ultimate Rewards portal
  • 5% cash back on up to $12,000 in grocery purchases the first year (excluding Target and Walmart)
  • 5% cash back on Lyft rides until March 2022
  • 3% cash back on drugstore and restaurant purchases
  • 1% cash back on all other purchases
  • Annual Fee: None

Learn how to apply | Read full review

 

Citi Double Cash Card

With the Citi Double Cash Card, you earn 2% cash back on your purchases – 1% when you Citi Double Cash Card Logobuy and 1% as you pay for your purchase. Just make on-time minimum payments and earn away!

Qualified balance transfers also receive an introductory 0% APR for the first 18 months. Like most balance transfer cards, though, they do not earn cash back.

  • 0% introductory APR on balance transfers for first 18 months
  • Earn 2% cash back on every purchase – 1% when you buy, 1% as you pay for purchase
  • Minimum payments must be made on time to earn cash back
  • Annual Fee: None
  • Balance Transfer Fee: 3% ($5 minimum)
  • Learn how to apply

 

Blue Cash Everyday Card from American Express

image of blue cash everyday credit card from amexWith the Blue Cash Everyday Card from American Express, you can use the 0% introductory APR for purchases for the first 15 months while also earning up to 3% cash back on additional purchases.

Plus, if you love welcome offers like we do, you’ll definitely want to consider the Amex Blue Cash Everyday card. With the current offer, you’ll receive a $100 statement credit for spending $1,000 in the first six months. Here’s a bit more info before you apply:

  • 0% APR for 15 months on purchases
  • $100 welcome bonus for spending $1,000 in first 6 months
  • Earn 20% cash back on purchases at Amazon.com for first 6 months (up to $200 back)
  • 3% cash back at U.S. supermarkets (up to $6,000/year in purchases)
  • 2% cash back at U.S. gas stations and select U.S. department stores; 1% on all other purchases
  • Annual Fee: None
  • Learn how to apply

 

Wells Fargo Cash Wise Visa

image of wells fargo cash wise visaIf you’re looking for a balance transfer card that offers a little extra, the Wells Fargo Cash Wise Visa may fit the bill. For starters, the card offers an introductory 0% APR on qualifying balance transfers and purchases for the first 15 months. You’ll also earn an unlimited 1.5% cash back on purchases with the card.

Additionally, you can earn a $150 cash back bonus when you spend $500 on the card in the first three months. You’ll also earn 1.8% cash back on purchases using digital wallets (like Google Pay and Apple Pay) during the first 12 months you have the card. The Wells Fargo Cash Wise Visa also offers up to $600 in protection on your cell phone when you use your card to pay the bill.

Here’s a quick look at more of its top features:

  • $150 welcome bonus when you spend $500 in first 3 months
  • 0% introductory APR on purchases and balance transfers for first 15 months
  • Unlimited 1.5% cash rewards on purchases
  • Qualified digital wallet purchases earn 1.8% cash rewards for first 12 months
  • Up to $600 in cell phone protection against damage or theft when use card to pay monthly bill
  • Annual Fee: None
  • Balance Transfer Fee: 3% for first 120 days, then 5%
  • Learn how to apply

Best Balance Transfer Cards: Wrapping Up

Currently, American households who have a credit card owe nearly $8,400 on their cards. Transferring your balances to one of the best balance transfer credit cards could be a great way to supercharge your debt repayment strategy.

By taking advantage of 0% balance transfer fees, you may be able to save money and free up cash to pay back your debt faster. Provided you pay your cards off on-time and don’t accrue more debt, you could definitely use this strategy to come out ahead. If you decide to apply, please be sure to use our affiliate links above!

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Using balance transfer credit cards is a great way to destroy your debt at turbo speed. We've got the best 0% APR and balance transfer cards right here!