Best Balance-Transfer Credit Card

How we picked the cards to evaluate:

NerdWallet reviewed more than 50 credit cards that offered a balance-transfer option. To be considered, a card had to be widely available and offer at least one of the following criteria: a 0% introductory APR period of 15 months or more; a $0 balance-transfer fee plus a 0% APR period of at least 12 months; or a unique feature that could result in significant savings for a consumer (such as a balance-transfer fee lower than the standard 3% to 5% or a $0 fee combined with a promotional APR that is low but not 0%). The cards we reviewed include products from NerdWallet partners and nonpartners.

How we chose the winner:

When choosing our best balance transfer card, we took into account each card’s balance transfer fee, annual fee, introductory APR period (length and rate) and ongoing APR, as well as whether the card had lasting value beyond the intro APR period (such as a rewards program or a low ongoing rate).
Cards' NerdWallet star ratings alone do not determine awards. Here's how our credit cards team distinguishes between star ratings and award selections:
  • Star ratings are quantitative: We assess the features of a card, score those features according to how they compare with other options on the market, and assign the card a rating of 1 to 5 stars based on those features. In general, a card that rates 4.5 stars will be a better value for more people than a card that rates 4.0 stars. However, the 4.0 card might be better than the 4.5 card for an individual consumer depending on that person’s circumstances.
  • Selection for awards is both quantitative and qualitative: Selection for the awards is based on discussion among editorial team members and relies on the same criteria used for the star ratings. However, star ratings alone do not dictate awards. Rather, the awards identify the best cards for specific uses or specific types of consumers, such as those looking to pay down debt without interest.

How we verified our data:

NerdWallet gets credit card information from partner issuers through automated data feeds. Information about cards from nonpartner issuers is verified on the issuers’ websites.