4 Best No Balance Transfer Fee Credit Cards


No one ever accumulates credit card debt on purpose. But sometimes those little purchases start to add up and we find ourselves digging out of thousands of dollars of debt.

However, applying for a balance transfer to move your debt to a lower interest card can save you a ton of money, help you pay down your balances and get out of debt.

But not all cards and offers are created equally. Read on to learn which card may be best for you to avoid a balance transfer fee while getting out of debt.

What is a balance transfer fee?

A balance transfer fee is a charge from a credit card company for moving your existing balance from one card to another.

Let’s say, for example, you have a card, Card A, with a $5,000 balance. Meanwhile, Card B offers a 0% annual percentage rate (APR) for 12 months for balance transfers – but charges a three percent balance transfer fee.

If you transfer your balance, Card B will pay off your balance on Card A, put the balance on your new card, and charge you a three percent fee on the balance transferred. For a $5,000 balance transfer at three percent, the fee would be $150.

Moving to a 0% APR card would still save you money in most cases. Plus, that three percent fee is far less than the interest charged over time on a $5,000 balance.

But some cards offer the best of both worlds. If you can find a card with no transfer fee and a low APR, you’re guaranteed to save money with a transfer. Here are the four best no balance transfer fee credit cards.

Credit cards with no balance transfer fee

1. Chase Slate® credit card

what is a balance transfer fee

Slate from Chase is one of the best low-fee cards available today, and a top option for balance transfers.

You pay no balance transfer fee when you complete your first balance transfer within the first 60 days of opening a new account. After that, you pay 0% APR on purchases and balance transfers for the first 15 months you have your account.

The account charges no annual fee and includes a free FICO credit score.


  • 15 months at 0% APR
  • No annual fee


  • Variable rate APR up to 24.24% based on credit history
  • After 60 days balance transfers cost 5% of the amount transferred ($5 minimum)
Apply for Slate from Chase Here

2. Barclaycard Ring™ MasterCard®

no balance transfer fee

The new Barclaycard Ring MasterCard is another top contender among all low fee credit cards.

The card charges no annual fee, no foreign transaction fees, and no balance transfer fee as long as you have the card. If you plan on several balance transfers over time, this is the best option available today.

You can get 15 months at 0% APR by completing balance transfers within 45 days of opening a new account.


  • 15 months at 0% APR
  • Will never incur fees for balance transfers


  • No miles, points, or cash back rewards
Check Out Barclaycard Ring Mastercard Today

3. NASA Federal Credit Union Visa

credit cards with no balance transfer fee

NASA Federal Credit Union offers three Visa credit cards with no balance transfer fees: a cash back card, a travel rewards card, and a classic card with a fixed interest rate.

In fact, these cards are low fee all around with no annual fees and no foreign transaction fees, with APRs as low as 10.65%. You can’t go wrong moving a balance to any card at NASA FCU.


  • Choose cash back, travel rewards, or low fixed rate APR
  • Secured option available for low credit applicants
  • No annual fee


  • APRs up to 18%
  • No 0% APR introductory period
Apply for NASA Federal Credit Union Today

4. Alliant Credit Union Visa® Platinum Rewards

balance transfer fee

The Alliant Credit Union Visa Platinum Rewards credit card has no annual fee for credit card charges, no balance transfer fee and offers the most creditworthy applicants 0% APR for 12 months on purchases and balance transfers. The card also offers one reward point per dollar.

While those rewards are not very compelling, this card is a good choice for low interest rates with no balance transfer fee.


  • 12 month 0% APR introductory period
  • No annual fee


  • Variable rate APR up to 21.74% after introductory period ends
  • 0% introductory period only available to high credit score applicants
Check Out the Alliant Credit Union Visa Platinum Rewards Card

Use these cards to reach debt freedom

Many credit card users take advantage of a card’s low APR and no balance transfer fee to get out of debt. However, you can undo your progress by making purchases that will just add to your debt.

Therefore, be sure to stick to your budget and keep a focus on early debt payments. Pay extra and often to get yourself out of debt even faster.

If you take advantage of credit cards with no balance transfer fee and low interest, you’ll have a much easier time getting that debt completely paid off for good.

Interested in a personal loan?

Here are the top personal loan lenders of 2018!
LenderRates (APR)Loan Amount 
1 Includes AutoPay discount. Important Disclosures for SoFi.

SoFi Disclosures

  1. Terms and Conditions Apply: SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. To qualify, a borrower must be a U.S. citizen or permanent resident in an eligible state and meet SoFi’s underwriting requirements. Not all borrowers receive the lowest rate. To qualify for the lowest rate, you must have a responsible financial history and meet other conditions. If approved, your actual rate will be within the range of rates listed above and will depend on a variety of factors, including term of loan, a responsible financial history, years of experience, income and other factors. Rates and Terms are subject to change at anytime without notice and are subject to state restrictions. SoFi refinance loans are private loans and do not have the same repayment options that the federal loan program offers such as Income Based Repayment or Income Contingent Repayment or PAYE. Licensed by the Department of Business Oversight under the California Finance Lender Law License No. 6054612. SoFi loans are originated by SoFi Lending Corp., NMLS # 1121636. (www.nmlsconsumeraccess.org)
  2. Personal LoansFixed rates from 5.49% APR to 14.24% APR (with AutoPay). Variable rates from 4.98% APR to 11.44% APR (with AutoPay). SoFi rate ranges are current as of December 21, 2017 and are subject to change without notice. Not all rates and amounts available in all states. Not all applicants qualify for the lowest rate. If approved for a loan, to qualify for the lowest rate, you must have a responsible financial history and meet other conditions. Your actual rate will be within the range of rates listed above and will depend on a variety of factors, including evaluation of your credit worthiness, years of professional experience, income and other factors. Interest rates on variable rate loans are capped at 14.95%. Lowest variable rate of 4.98% APR assumes current 1-month LIBOR rate of 1.34% plus 3.89% margin minus 0.25% AutoPay discount. For the SoFi variable rate loan, the 1-month LIBOR index will adjust monthly and the loan payment will be re-amortized and may change monthly. APRs for variable rate loans may increase after origination if the LIBOR index increases. The SoFi 0.25% AutoPay interest rate reduction requires you to agree to make monthly principal and interest payments by an automatic monthly deduction from a savings or checking account. The benefit will discontinue and be lost for periods in which you do not pay by automatic deduction from a savings or checking account.

2 Important Disclosures for Citizens Bank.

Citizens Bank Disclosures

  1. Personal Loan Rate Disclosure: Fixed interest rates range from 5.99% – 16.24% (5.99% – 16.24% APR) based on applicable terms and presence of a co-applicant. Lowest rates shown are for eligible applicants, require a 3-year repayment term, and include our Loyalty and Automatic Payment discounts of 0.25 percentage points each, as outlined in the Loyalty Discount and Automatic Payment Discount disclosures. Subject to additional terms and conditions, and rates are subject to change at any time without notice. Such changes will only apply to applications taken after the effective date of change.
  2. Loyalty Discount: The borrower will be eligible for a 0.25 percentage point interest rate reduction on their loan if the borrower has a qualifying account in existence with us at the time the borrower has submitted a completed application authorizing us to review their credit request for the loan. The following are qualifying accounts: any checking account, savings account, money market account, certificate of deposit, automobile loan, home equity loan, home equity line of credit, mortgage, credit card account, student loans or other personal loans owned by Citizens Bank, N.A. Please note, our checking and savings account options are only available in the following states: CT, DE, MA, MI, NH, NJ, NY, OH, PA, RI and VT. This discount will be reflected in the interest rate and Annual Percentage Rate (APR) disclosed in the Truth-In-Lending Disclosure that will be provided to the borrower once the loan is approved. Limit of one Loyalty Discount per loan, and discount will not be applied to prior loans. The Loyalty Discount will remain in effect for the life of the loan.
  3. Automatic Payment Discount: Borrowers will be eligible to receive a 0.25 percentage point interest rate reduction on their Citizens Bank Personal Loan during such time as payments are required to be made and our loan servicer is authorized to automatically deduct payments each month from any bank account the borrower designates. If our loan servicer is unable to successfully withdraw the automatic deductions from the designated account two or more times within any 12-month period, the borrower will no longer be eligible for this discount.
7.39% - 29.99%$1,000 - $50,000
Check rate nowon SLH's secure site
4.98% - 14.24%1$5,000 - $100,000
Check rate nowon SLH's secure site
8.00% - 25.00%$5,000 - $35,000
Check rate nowon SLH's secure site
5.99% - 16.24%2$5,000 - $50,000Visit Citizens
5.99% - 35.89%$1,000 - $40,000Visit LendingClub
5.25% - 14.24%$2,000 - $50,000Visit Earnest
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Our team at Student Loan Hero works hard to find and recommend products and services that we believe are of high quality and will make a positive impact in your life. We sometimes earn a sales commission or advertising fee when recommending various products and services to you. Similar to when you are being sold any product or service, be sure to read the fine print, understand what you are buying, and consult a licensed professional if you have any concerns. Student Loan Hero is not a lender or investment advisor. We are not involved in the loan approval or investment process, nor do we make credit or investment related decisions. The rates and terms listed on our website are estimates and are subject to change at any time. Please do your homework and let us know if you have any questions or concerns.