Card Comparison: Low/No Fee 0% Balance Transfer Credit Cards - August 2008

Posted by brady

August 24, 2008

With dark cloud of credit crisis still over America, good balance transfer credit card offers are harder and harder to find. While you might receive offers of 0% APR for 12 month and no transaction fee in 2007, now the offers don’t give you both at the same time. You either have 0% APR and pay 3% transaction fee, or have high APR and pay 0% transaction fee. It doesn’t mean there is no deal at this tough credit environment, here we listed out credit cards with introductory balance transfer offers ranked by attractiveness.

Note: this list might change because card companies update their terms and conditions frequently, I will publish updated list in the future.

Card Name	APR	Transaction Fee
The Discover® Open Road^SM Card for Students	0% for 12 mths, require Excellent Credit	3% balance transfer fee with a minimum $10 and maximum $75
Discover® More Card	0% for 12 mths, requires Excellent Credit	3% balance transfer fee with a minimum $10 and maximum $75
Miles by Discover® Card	0% for 6 mths, requires Excellent Credit	3% balance transfer fee with a minimum $10 and maximum $75
Blue from American Express®	0% for up to 15 mths, requires Excellent Credit	3% with a $99 cap
Chase Platinum Visa®	0% for 12 mths, requires Good Credit	3% with a $99 cap
HSBC Platinum MasterCard® with Cash Back Rewards	0% for 12 mths, requires Good Credit	3% balance transfer fee with a minimum $15, no upper cap
Capital One® Platinum Prestige	7.9%, requires Excellent Credit	None
Bank of America Platinum Plus® Visa® Card	0% for 12 mths, requires Good Credit	3% transaction fee, no less than $10, no cap

Important Disclaimer: the credit cards information in this post were accurate as of the date of publishing, some or all of the card programs may be discontinued, their terms may be changed after wards.