With the holidays now behind us, many credit card users are left with debt that they will be paying off for some time. Therefore, January seems like the perfect time to explore the best balance transfer credit cards as part of our Best Credit Cards in America series.
The last two articles in our Best Credit Cards in America series focused on reward cards, which are best used by those who don’t carry credit card debt. By definition, a balance transfer card is for a cardholder who already has credit card debt. Therefore, I judged these cards by the features that help cardholders get out of debt, and ignored rewards programs that encourage customers to spend more money. Next, I narrowed down the field to cards that offer at least one year of interest-free financing on new purchases and balance transfers.