Easy Money Saving: Best Balance Transfer Credit Cards of 2019

Struggling with credit card debt? Balance transfer credit cards can be your lifeline. Shift those high-interest balances to a card with a lower rate, slash your monthly interest, and speed up debt repayment. Dive into our guide on the best balance transfer credit cards of 2019 to find the perfect money-saving solution.

The Benefits of Balance Transfer Credit Cards

Balance transfer credit cards offer several advantages:

  • Interest Savings: By transferring your balances to a card with a lower interest rate or a promotional 0% APR period, you can save significantly on interest charges.
  • Debt Consolidation: Consolidating your credit card debts onto one card simplifies your finances, making it easier to manage and track your payments.
  • Pay Off Debt Faster: With reduced interest charges, more of your monthly payments go toward paying down the principal balance, allowing you to become debt-free sooner.
  • Simplified Payments: Having a single payment to make each month can streamline your budgeting and make it less likely for you to miss payments.
  • Improved Credit Score: By reducing your credit utilization ratio and making timely payments, a balance transfer credit card can have a positive impact on your credit score.

Best Balance Transfer Credit Cards of 2019

Here are some of the best balance transfer credit cards of 2019:

  1. Citi Simplicity® Card: This card offers an introductory 0% APR for balance transfers for a certain period, along with no late fees or penalty rates.
  2. Chase Freedom Unlimited®: With this card, you can enjoy a 0% APR on balance transfers for a specific time, coupled with cashback rewards on your purchases.

  3. Discover it® Balance Transfer: This card provides an introductory 0% APR period on balance transfers, along with cashback rewards and no annual fee.
  4. Bank of America® Cash Rewards Credit Card: With this card, you can benefit from a 0% APR on balance transfers for a certain time, as well as cashback rewards on your everyday purchases.
  5. Wells Fargo Platinum Card: This card offers an extended 0% APR period on both balance transfers and purchases, providing ample time to pay off your debt without accruing interest.

Conclusion

Balance transfer credit cards can be a valuable tool for managing and reducing your credit card debt. By taking advantage of promotional 0% APR periods or lower interest rates, you can save on interest charges and simplify your payments. The best balance transfer credit cards of 2019, such as the Citi Simplicity® Card, Chase Freedom Unlimited®, Discover it® Balance Transfer, Bank of America® Cash Rewards Credit Card, and Wells Fargo Platinum Card, offer competitive benefits and terms for balance transfers. Remember to carefully review the terms and conditions, including any balance transfer fees and the length of the promotional period, to choose the card that best fits your needs. With the right balance transfer credit card, you can take control of your debt, save money, and work towards a more financially secure future.