A 3% balance transfer fee on credit cards is often worth paying to avoid high interest rates above 20%. For example, transferring a $5,000 balance with a 3% fee ($150) to a card offering 0% interest for 21 months can save over $1,000 in interest payments compared to keeping the balance on a regular card with a 21% APR. Cards like the Citi® Diamond Preferred® offer long 0% intro APR periods and low fees, making them strong options for managing debt. Even cards with higher fees, like the Wells Fargo Reflect®, can be beneficial if they also offer 0% APR on purchases, providing more flexibility.
The Citi Double Cash credit card provides a straightforward 2% cash back on all purchases—1% when you buy and 1% when you pay off the balance. It has no annual fee, no spending caps, and a $200 welcome bonus after spending $1,500 in the first six mon...
The Citi Double Cash card provides an 18-month 0% introductory APR on balance transfers, making it ideal for paying off existing debt without interest. In contrast, the Chase Freedom Unlimited card offers 0% APR for 15 months on both purchases and ba...
