Best Balance Transfer Cards for Good Credit

Having good credit opens the door to better balance transfer card options. These cards offer competitive 0% APR periods, lower fees, and sometimes even rewards, making them ideal for consumers looking to manage or pay off their debt while leveraging their credit score.

What is Considered Good Credit?

Credit scores are typically categorized as follows:

• Excellent (800 and above)
• Very Good (740-799)
• Good (670-739)

If your credit score falls in the good to excellent range, you’re likely to qualify for some of the best balance transfer cards available.

Top Balance Transfer Cards for Good Credit

1. Citi® Double Cash Card
   • Intro APR: 0% for 18 months on balance transfers.
   • Balance Transfer Fee: 3%.
   • Why It’s Great: Offers cashback rewards on purchases once the balance transfer is paid off.
2. Amex EveryDay® Credit Card
   • Intro APR: 0% for 15 months on balance transfers.
   • Balance Transfer Fee: 3%.
   • Why It’s Great: No annual fee and rewards for everyday purchases.
3. Chase Freedom Unlimited®
   • Intro APR: 0% for 15 months on balance transfers and purchases.
   • Balance Transfer Fee: 3%.
   • Why It’s Great: Comes with cashback rewards on every purchase and no annual fee.

How to Get Approved for a Balance Transfer Card with Good Credit

1. Maintain a Low Credit Utilization Rate: Lenders like to see a credit utilization rate (the percentage of available credit you’re using) of less than 30%.
2. Avoid Recent Missed Payments: A history of on-time payments will increase your chances of approval.
3. Check Your Credit Score: Before applying, confirm your score falls within the good-to-excellent range by using a free credit monitoring tool.

Additional Benefits for Those with Good Credit

• Better Rewards: Many cards offer cashback or points rewards in addition to balance transfer offers.
• Lower Fees: You might qualify for balance transfer cards with lower or no transfer fees.
• Higher Credit Limits: With good credit, you’re more likely to be approved for higher credit limits, which can make transferring larger balances easier.