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Best Savings Account Bonus Offers of April 2020

Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It has not been previewed, commissioned or otherwise endorsed by any of our network partners.

There’s no shortage of checking account bonus offers, with everyone from small local banks to the big household names offering hundreds of dollars to new customers. Banks know it’s hard to get you to leave your old bank, especially when you’re comfortable with the accounts you have. But what better way to entice you than with a big cash bonus?

You’ll find these bonus offers attached to more checking accounts than savings accounts. After all, checking accounts are a crucial part to banking, as they allow you to easily access your money for purchases and transfers.

That’s not to say there aren’t any opportunities to earn money with a new savings account. We’ve found six of the best savings account bonus offers as of the date of publishing. It’s easy to go straight for the highest amount, but pay attention to the bank and the account you’re getting ready to open. Make sure it’s a bank you actually want to do business with.

Further, double check that you’ll be happy with the new account for months to come. It can take months to meet the offer requirements and even longer to actually receive the bonus. If there’s a monthly fee on the account, you could be stuck paying that unnecessary fee, especially if you can’t meet the balance requirements to waive it. You may not even be happy with the interest rate on the account, which might make the savings account bonus offer not entirely worth it.

The best savings account bonus offers in March 2020

Methodology

To find the best savings account bonus offers, we looked for the highest bonus amounts offered. Below, you’ll find the six biggest bonus offers on savings accounts being offered. Offers are current as of this publication date and we will update the article periodically to show the freshest ranking.

Chase — $2,000 bonus with $250,000 minimum deposit

Offer ends 4/27/2020

Offer rules: Become a Chase Private Client customer and get a chance to earn this $2,000 bonus. You’ll need to transfer a total of $250,000 or more in qualifying new money or securities to a combination of eligible personal checking, savings and/or investment accounts within 45 days of opening and maintain the balance for at least 90 days. Eligible accounts excludes any You Invest, J.P. Morgan retirement accounts and CDs.

Who’s eligible: Only new Chase customers in 32 select states and Washington D.C. may qualify for this offer. You can visit your nearest CPC branch or email an upgrade code to yourself to redeem this offer.

Account details: Chase Private Client requires you to maintain an average daily balance of $250,000 or more between qualifying personal or business deposits and investments. Chase Private Client extends the perks and benefits you can receive on your Chase accounts, including banking, credit cards, loans and investments.

Chase Private Client does not charge monthly fees on Chase Private Client Checking or Chase Private Client Savings accounts. Private Client Savings Accounts earn a minimal 0.01% APY.

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Chase — $1,000 bonus with $75,000 minimum deposit

Offer ends 4/27/2020

Offer rules:Become a Sapphire Banking customer by transferring $75,000 or more in qualifying new money or securities to a combination of eligible personal checking, savings and/or investment accounts (excluding any J.P. Morgan retirement accounts and CDs). You must also maintain that balance for 90 days.

Who’s eligible: This offer is available only to customers in 32 select states and Washington D.C. You can open a Sapphire Banking account online and email yourself a code to redeem this offer.

Account details: Despite its premier placing, Chase Sapphire Checking earns only 0.01% APY. Linking a Chase Sapphire Checking account to a Chase Premier Savings account (and meeting other requirements), offers a small boost to your Premier Savings rates. It also unlocks higher rates for higher balances.

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Citi — $700 bonus with $50,000 minimum deposit

Offer ends 6/30/2020

Offer rules: Open a new checking and savings accounts in the Citi Priority Account Package and deposit at least $50,000 in new-to-Citibank money within 30 days of account opening. Your funds can be shared between the new checking and savings accounts. Maintain at least $50,000 between the accounts for 60 days to qualify for the bonus.

Who’s eligible: New Citibank customers are eligible for this offer. This means those who have not been a signer on a Citibank checking account within the past 180 days.

Account details: The Citi Priority Account Package is a premium account, including investment resources and on-demand access to Citi Personal Wealth Management. The account costs $30 each month to own. You can waive the fee by maintaining a combined average monthly balance of at least $50,000 in eligible linked accounts.

With the Citi Priority Account Package, you can earn 0.03% APY on the Interest Checking account and 0.04% – 0.15% APY on the Citi Savings account, depending on your balance.

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Citi — Up to $500 bonus with $15,000 minimum deposit

Offer ends 6/30/2020

Offer rules: You must be a new Citibank customer and open a Citibank Account Package, which includes a checking and savings account. Within 30 days of opening these accounts, you must deposit at least $15,000 in either of these two accounts with money new to Citibank, and maintain a minimum balance across both accounts of $15,000 for 60 days.

After meeting the above requirements, you’ll get $400 in bonus money deposited into your checking account (or savings account if you’ve closed the checking account). If you make at least one qualifying direct deposit each month for two consecutive months within 60 days of opening the account, you’ll receive an additional $100, boosting your total bonus to $500.

Who’s eligible: You must be a new customer to Citibank and enroll in the offer through the offer page or in person at a branch.

Account details: There’s a $25 monthly maintenance fee, which you can avoid be keeping a minimum of $10,00 deposited across both accounts (which you’ll want to do anyone in order to qualify for the bonus, which requires a minimum of $15,000). You may not want a checking account and are free to close it, but keep in mind in order to get the $100 bonus (to bring the total amount to $500) you need to make the ACH deposits into a checking account, not a savings account.

The Citibank Account Package earns 0.01% APY on the Interest Checking account and between 0.04% and 0.13% APY on the Citi Savings account, depending on your balance.

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Associated Bank — $400 bonus with $25,100 minimum deposit

Offer ends 6/30/2020

Offer rules: This offer requires you to open both an Associated Choice Checking account and an Associated Relationship Savings account. Open the checking account with at least $100 and make three payments through Associated Bank Online Bill Pay or at least one direct deposit of $300 or more within 45 days of account opening. You must open the savings account with at least $25,000. Together, you must maintain a $25,000 minimum combined balance in those accounts for 90 days to receive the reward, 120 days after account opening.

Email yourself a coupon code from the offer page and bring that coupon into a branch to redeem.

Who’s eligible: You must fund the new accounts with money not already held with the Bank. The offer is not available to Associated Bank employees and those who already have or have had a checking account or Associated Relationship Savings account at Associated Bank within the last six months.

Account details: A heavy-hitting account, the Associated Choice Checking account earns interest between 0.01% and 0.01% APY, depending on your balance (higher balances earn higher rates). It charges a high $25 monthly fee, which you can waive with at least $10,000 in combined deposit accounts or either an HSA or investment account.

The Associated Relationship Savings account earns between 0.03% and 0.25% APY, where higher balances earn more.

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PNC Bank — Up to $300 bonus with $5,000 direct deposits

Offer ends 5/4/2020

Offer rules: There are three bonus reward opportunities at PNC Bank, although you can only redeem one at a time. To earn the largest $300 reward, you must first open a new Virtual Wallet with Performance Select and receive direct deposits totaling at least $5,000. To earn a $200 reward, you must open a new Virtual Wallet with Performance Spend account and make at least $2,000 in total direct deposits. To earn a $50 reward, you must open a new Virtual Wallet and make $500 in direct deposits.

All bonuses also require you to make at least 10 purchases with the PNC Bank Visa Debit Card that comes with your new account. You must meet all requirements within the first 60 days of account ownership.

Qualifying direct deposits are paycheck, pension, Social Security or other regular monthly payments from an employer or an outside agency. A qualifying debit card purchase is one made at point of sale with your signature or PIN or online with your debit card number.

Who’s eligible: Only new PNC customers qualify for these offers. This excludes those who own an existing PNC Bank consumer checking account, have closed an account within the past 90 days or have been paid a promotional premium in the past 12 months.

To redeem this bonus, open the new checking account via the bonus page.

Account details: The Performance Select is the top tier Virtual Wallet. Its checking account aspects earn interest at 0.01% APY. The savings account earns 0.01% APY as well, unless you qualify for higher relationship rates. There is a $25 monthly fee, which you can waive in a few different ways.

The Performance Spend also pays 0.01% interest on its checking account for balances of $2,000 or more. Its second checking component earns 0.01% APY on all balances. Its Growth savings component earns 0.01% APY. You can earn at higher relationship rates by meeting certain requirements. Performance Spend has a $15 waivable fee.

Virtual Wallet includes a primary, non-interest-bearing checking account, a short-term, interest-bearing checking account at 0.01% APY and a long-term savings account at 0.01% APY, again with the opportunity for relationship rates. It charges a $7 waivable monthly fee.

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Discover — Up to $200 bonus with $25,000 minimum deposit

Offer ends 4/06/2020

Offer rules: Discover customers can benefit from a $200 bonus by opening a Discover Online Savings account for the first time by April 6, 2019, which is the date this offer ends. You’ll then need to deposit at least $25,000 into the account by April 20, 2020.

If you can’t meet that minimum amount, you can earn a $150 bonus instead by depositing at least $15,000 into the new account by April 20, 2020.

Bonuses will be credited to your account by May 4, 2020.

Who’s eligible: You must be a new Discover savings customer to qualify for this savings account bonus offer. You must not have had a savings account that was co-branded or an affinity account provided by Discover either.

You can apply for the offer with the code “MM220” either online or by phone.

Account details: Discover’s Online Savings Account earns at a competitive interest rate of 1.50% on all balances. There’s no monthly service fee and Discover promises no hidden fees. You’ll only face a charge for excessive withdrawals, stop payments, insufficient funds and outgoing wire transfers. Discover will waive the first excessive withdrawal, insufficient funds or stop payment fee you encounter each calendar year. Keep in mind that these bonuses are considered interest and will be reported on a 1099-INT form.

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on Discover Bank’s secure website

Member FDIC

Citi — $200 bonus with $5,000 minimum deposit

Offer ends 6/30/2020

Offer rules: Citibank’s $200 bonus is available when you open a new Basic Banking Package. Qualify for the offer when you deposit at least $5,000 in new money into the package within 30 days after account opening. You can split the funds between the checking and savings accounts. Then maintain at least $5,000 in the package for 60 days to fully qualify.

Who’s eligible: You must be a new Citibank checking customer to be eligible for this bonus offer, which means you must not have been a signer on a Citibank checking account within the past 180 days.

Account details: The Citibank Basic Banking Package does not include a checking account that earns interest, but its Citi Savings account does earn interest between 0.04% and 0.06%, depending on your balance.

The Basic Banking Package charges a $12 monthly fee, which you can waive by make one qualifying direct deposit and one qualifying bill payment per statement period or maintaining a combined average monthly balance of at least $1,500 in eligible linked accounts. Account holders who are 62 or older can also have the fee waived.

The Citibank Account Package earns 0.01% APY on the Interest Checking account and between 0.04% and 0.13% APY on the Citi Savings account, depending on your balance.

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Chase — $150 bonus with $10,000 minimum deposit

Offer ends 4/20/2020

Offer rules: In another bonus offer from Chase, you can get $150 when you open a new Chase Savings account. You’ll need to deposit at least $10,000 in new money (not previously held with Chase or its affiliates) within 20 business days and maintain at least that minimum balance for 90 days.

Want to do more banking with Chase and open a Chase Total Checking account, too? Opening both a new checking and savings account can get you a $350 bonus, as long as you follow the above savings account rules and set up direct deposit on your new checking account.

Who’s eligible: You’re eligible for the Chase Savings account bonus offer if you are not already a Chase savings customer. You also cannot have had an account that was closed within 90 days or with a negative balance.

If you close this new savings account within six months after opening, Chase will deduct the bonus amount from the account at closing.

Account details: The Chase Savings account earns interest at a nominal rate of 0.01% APY, which isn’t ideal for savings growth. There is a $5 monthly fee on the account. You can waive the fee with one of the following, each statement period:

  • A daily balance of at least $300
  • At least one repeating automatic transfer of $25 or more from your personal Chase checking account or Chase Liquid® Card
  • An account owner who is younger than 18
  • Linking this account to a Chase Premier Plus Checking, Chase Sapphire Checking or Chase Private Client Checking account

You could also face a $5 fee for each excessive transaction you make over the six-transfer limit per statement cycle.

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Associated Bank — $100 bonus with $10,000 minimum deposit

Offer ends 6/30/2020

Offer rules: Opening a new Associated Bank Money Market account can get you a $100 bonus. You’ll need to deposit at least $10,000 in new money (held outside Associated Bank) at opening and maintain at least that much in the account for 90 days to receive the bonus.

The bonus will be paid within 120 days of account opening if you meet the requirements. The account must be open at that time. You must also keep the account open for at least 12 months.

Who’s eligible: You can redeem this offer online or by taking a coupon sent via email to an Associated Bank branch. This offer is limited to one per household. Households who have or have had an Associated Bank Money Market account within the last six months do not qualify. You must be 18 years or older to apply for the bonus. If you close the new account within 12 months of opening, Associated Bank can deduct the bonus amount from your funds at closing.

Account details: The Associated Bank Money Market account is a true money market account, with the ability to write convenience checks and access Associated Bank and MoneyPass ATMs. It earns interest, too, between 0.01% and 0.01% APY. You can earn at higher rates by having a higher balance and a qualifying Associated checking account.

The money market account does charge a $16 fee, which you can waive by maintaining a $1,000 minimum balance.

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on Associated Bank, NA’s secure website

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How do these accounts compare to the best online savings accounts?

When looking for the best online savings accounts, you won’t find much overlap here. Bonus offers tend to come from brick-and-mortar banks, as incentives for you to place your deposits with them.

Online banks still win by and large. But don’t let these financial carrots mislead you into thinking they are the best on the market — many of the best accounts are being offered by online banks these days. Online accounts tend to have the highest interest rates and the lowest fees — what more could you want? That’s why you’ll find most sign-up bonuses being offered by brick-and-mortar banks.

Know the pros and cons. You should figure out whether it’s worth it for you to open a new account with a traditional bank just for a bonus offer. Don’t forget, you can’t open a new account for a bonus offer and close it immediately. Qualifying for and receiving the bonus takes months. You could even lose your bonus offer if you close the account too soon. Plus, a savings account bonus offer is a short-term boost in savings, rather than the ongoing growth of a high-yield account. It won’t help your savings situation if your new account charges a monthly fee that you can’t waive, either.

Factor in fees. If you do desperately want to snag a couple hundred dollars by opening a new account, make sure you won’t be paying a monthly fee for the months you have the account. That way, you won’t lose any of that bonus right off the bat. Again, double check the account’s closing terms to ensure you won’t lose the bonus at closing, either. It’s also important to be able to meet the account’s minimum balance requirements. It may not make sense for you to keep $10,000 in a low-earning account just to earn a $200 bonus, for example.

Do the math. Let’s say you do deposit and maintain $10,000 in a new savings account that has an interest rate of 0.01%, which is typical of brick-and-mortar savings accounts. After a year, you’ll have earned $1 in interest. Add that to your $200 bonus and you can add a whopping $201 to your savings. Now, if you were to forgo the bonus offer and deposit your $10,000 into a high-yield savings account with a 2.25% APY, you’ll earn just over $227 after a year (with monthly compounding) — a better savings boost than the savings account bonus offer.

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Best of, Credit Cards

Best Credit Cards for Good Credit April 2020

Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It has not been previewed, commissioned or otherwise endorsed by any credit card issuer. This site may be compensated through a credit card issuer partnership.

If you’re someone with good credit you should be able to qualify for a variety of credit cards. There are cards if you want to earn cash back, earn travel rewards or complete a balance transfer. MagnifyMoney has reviewed our database of over 2,000 credit cards to find cards you can qualify for with good credit. Here are our favorite cards for people with good credit.

Best cash back credit cards for good credit

Cash back credit cards can be great tools to boost your financial position. They basically make your life just a few percentage points cheaper — who wouldn’t want that?

Watch out for the pitfalls with these rewards cards, though. Don’t talk yourself into spending more because you’ll receive cash back. If you opt for a cash back card that offers you up to 5X more points on certain categories, make sure you understand that you often have to activate the bonus categories and set up reminders for yourself if necessary.

Citi® Double Cash Card – 18 month BT offer

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Citi® Double Cash Card – 18 month BT offer

Annual fee
$0
Rewards Rate
Earn 2% cash back on purchases: 1% when you buy plus 1% as you pay.
Regular Purchase APR
13.99% – 23.99% (Variable)
Credit required
good-credit
Excellent/Good

Magnify Glass Pros

  • High flat-rate cash back You earn one of the highest flat-rate cash back amounts of any card on the market. This allows you to enjoy high rewards on all your purchases.
  • Simple cash back rewards Earn 2% cash back on purchases: 1% when you buy plus 1% as you pay. No need to deal with changing categories or activation.
  • First late fee waived You won’t have to pay your first late fee. Instead, if you are tardy, use it as a reminder to sign up for autopay.

Cons Cons

  • Must pay in full to earn the full reward The only way to enjoy the 2% cash back is to pay your bill in full. This is a great incentive to pay your bill on time so you earn rewards faster.
  • 3% foreign transaction fee This is one card to leave home if you travel abroad a lot — but it’s great as long as you stay within the United States. The foreign transaction fee will negate any cash back you earn from purchases made abroad.
Bottom line

Bottom line

This is one of the highest flat-rate cash back rewards credit cards on the market. It’s a great choice for those who want peace of mind that they’re getting good rewards without fussing with variable rewards categories.

Read our full review of the Citi® Double Cash Card – 18 month BT offer

Discover it® Cash Back

Magnify Glass Pros

  • Up to 5% cash back in rotating categories You will earn 5% cash back on everyday purchases at different places each quarter like grocery stores, restaurants, gas stations, select rideshares and online shopping, up to the quarterly maximum when you activate. All other purchases will earn unlimited 1% cash back automatically.
  • Cash back match your first year Discover will match ALL the cash back you’ve earned at the end of your first year, automatically. There’s no signing up. And no limit to how much is matched. This is a great additional bonus for new cardholders that will significantly increase your cash back.
  • No foreign transaction fee Bring your card with you on your adventures abroad. It won’t cost you anything extra.
  • Free FICO® score Your FICO® score is the most common credit score used by creditors, and getting your official score helps you keep tabs on your good credit. Monitoring your score can also help alert you of any fraudulent activity on your card.

Cons Cons

  • You need to opt in for bonus categories Bonus rewards aren’t automatic; you’ll need to remember to log in and manually activate them each quarter. Set a reminder on your phone so you don’t forget.
  • $1,500 quarterly cap on spending eligible for 5% cash back rewards After you hit the quarterly spend, purchases in the 5% category will earn 1% cash back.
Bottom line

Bottom line

The Discover it® Cash Back offers great rewards-earning potential making this card a good way to earn rewards. Just remember to opt in to the quarterly-changing cash back programs.

Read our full review of the Discover it® Cash Back

Also ConsiderAlso Consider

Visa® Platinum Rewards Credit Card from Nusenda Credit Union

Visa® Platinum Rewards Credit Card from Nusenda Credit Union

This card is a great choice for forgetful people who want cash back rewards. It’s one of the only cards offering revolving categories each quarter that you don’t have to opt in for; you will get these rewards automatically. This card would also be a great choice for those who want cash back rewards and don’t mind working with a credit union.

Best for big spenders in gas

Commuting can be a huge cost, especially if you live far away from your work and don’t use public transportation. If you spend a lot of money on gas each month, consider getting a cash back rewards card that gives you higher rates of return for these purchases. It’s like having an instant coupon for gas with you all the time.

Platinum Visa® from Abound Credit Union

Platinum Visa® from Abound Credit Union

Annual fee
$0
Rewards Rate
Unlimited 5% cash rewards for gas and 1% cash rewards for other eligible purchases.
Regular Purchase APR
10.75% - 18.00% Variable
Credit required
good-credit
Good

Magnify Glass Pros

  • 5% cash back rewards on gas This is one of the best cash back rewards rates we’ve seen on any card. It does not change quarterly like with most cash back rewards — you will always earn cash back rewards at this rate.
  • Fair APR If you need to carry a balance from month to month, rest assured: This card comes with a fair interest rate. Although we recommend paying each statement in full, this card can be a good option if you qualify for the lowest APR.
  • No annual fee All these great rewards come with no annual fee. If you pay off your bill in full each month to avoid interest charges, it’ll essentially be free money.

Cons Cons

  • 1% foreign transaction fee This is a great card to have on hand for road trips, but be aware that if you cross the border, your net cash back rewards will be reduced.
  • Credit union membership required You don’t need to be a member to apply for the card; however, if you are approved, you’ll need to open and fund a savings account with a minimum of $5.
Bottom line

Bottom line

This card offers great value for big spenders in gas. If you frequent the pump, this card can earn you a nice cash back rate. This card offers other great features such as no annual fee and a fair interest rate. If you don’t mind working with a credit union, this card can benefit your needs.

Best for big spenders at U.S. supermarkets

Groceries can be one of your biggest budget-busters, especially if you have a large family, a specialized diet, or live in certain parts of the country. The good news is there are certain credit cards that offer great rewards for grocery purchases at supermarkets. Here’s our top pick for a credit card to maximize your cash back rewards at U.S. supermarkets.

Blue Cash Preferred® Card from American Express

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Blue Cash Preferred® Card from American Express

Regular Purchase APR
12.99%-23.99% Variable
Intro Purchase APR
0% on purchases for 12 months
Intro BT APR
0% on balance transfers for 12 months
Annual fee
$95
Rewards Rate
6% Cash Back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%). 6% Cash Back on select U.S. streaming subscriptions and 1% Cash Back on other purchases.
Balance Transfer Fee
Either $5 or 3% of the amount of each transfer, whichever is greater.
Credit required
good-credit
Excellent/Good

Magnify Glass Pros

  • Intro 0% on purchases for 12 months (after that, a 12.99%-23.99% Variable APR applies) This can come in handy if you make a purchase and can’t pay it off immediately.
  • 6% cash back at U.S. supermarkets You’ll earn a whopping 6% cash back on U.S. supermarket purchases — the highest level of cash back rewards we’ve heard of. Sadly, you’ll only earn this much on the first $6,000 worth of purchases each year. Remaining purchases will still earn 1% cash back.
  • 6% cash back on select U.S. streaming services
  • 3% cash back at U.S. gas stations and transit There’s no limit to the amount of cash back rewards you can earn at U.S. gas stations and on transit including taxis/rideshare, parking, tolls, trains, and buses. That means you can enjoy the higher cash back rate all year long.

Cons Cons

  • $95 annual fee This card charges an annual fee, but it will still be worth the fee if you spend at least $1,583 at U.S. supermarkets or $3,166 in gas each year.
  • Foreign transaction fee of 2.7% of each transaction after conversion to US dollars. If you use your card outside of the country, it’ll cost you unless you’re buying gas or groceries — then you’ll either be just about breaking even or earning 3.3% cash back rewards on groceries. It’s best to leave this card at home if you travel abroad.
Bottom line

Bottom line

This card offers a fantastic cash back rewards program for grocery spenders. By using this card for grocery purchases, you will see the most rewards. Although it carries a $95 annual fee, this card will easily pay for itself with big spenders in groceries.

Best travel rewards credit card for good credit

Travel can seem like a pipe dream to a lot of people. Even if you do have the cash, it still stings to see that much hard-earned money leaving your bank account. But with a travel rewards credit card, you can have a sort of de facto savings account specifically for travel. And with a sign-on bonus like the one for our top pick, you can be jet-setting somewhere fun and interesting as soon as a few months from now.

 Chase Sapphire Preferred® Card

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Chase Sapphire Preferred® Card

Annual fee
$95
Rewards Rate
2X points on travel and dining at restaurants & 1 point per dollar spent on all other purchases worldwide
Regular Purchase APR
15.99% - 22.99% Variable
Credit required
good-credit
Excellent

Magnify Glass Pros

  • Rewards are worth more when redeemed for travel You will receive 25% more value on points that are redeemed for travel via Chase Ultimate Rewards®. This raises the effective rate of rewards to 1.25 and 2.5 points.
  • Higher rewards for dining and travel You’ll earn 2X points on travel and dining at restaurants & 1 point per dollar spent on all other purchases worldwide. This is great for travelers and foodies.
  • 1:1 point transfer to frequent flyer programs You can transfer points to partner frequent flyer programs at a 1:1 ratio. This is a great way to accumulate points faster at your favorite airline.
  • Travel protections This card comes with trip cancellation/interruption insurance, travel and emergency assistance services, auto rental collision damage waiver and more. These features add a layer of protection when traveling abroad.

Cons Cons

  • Points are worth slightly less when transferred to partners You’ll miss out on 25% more value if you transfer points to travel partners like airlines and hotels. The points will still transfer on a 1-to-1 basis, but they won’t be worth as much as using the Chase Rewards portal.
  • Annual fee There is a $95 annual fee, which is typical of travel rewards cards. However, if you spend enough on this card, you will come out ahead.
Bottom line

Bottom line

This card is the gold standard for frequent travelers. The Chase Ultimate Rewards portal helps you maximize your rewards even further and get you closer to covering the cost of a flight or hotel stay using rewards. If you’re a frequent traveler, this card will earn you a great rate.

Best airline credit cards for good credit

One of the biggest travel expenses is airfare. Even if you don’t have specific goals to travel regularly, surprises like cross-country family emergencies or get-togethers can take a big bite out of your budget.

Before signing up for an airline-specific card, it’s helpful to know what airline options you have near you. Different airlines tend to congregate more in different parts of the country; you won’t see any Alaska Airlines planes if you live in Maine, for example.

Southwest Rapid Rewards® Plus Credit Card

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Southwest Rapid Rewards® Plus Credit Card

Annual fee
$69
Rewards Rate
2 points per $1 spent on Southwest® purchases and Rapid Rewards® hotel and car rental partner purchases. 1 point per $1 spent on all other purchases.
Regular Purchase APR
15.99% - 22.99% Variable
Credit required
fair-credit
Excellent/Good

Magnify Glass Pros

  • Flexible points redemption options You can use your points to book hotel stays and car rentals and to buy gift cards or merchandise.
  • 3,000 bonus points every year You’ll get a bonus 3,000 points tacked onto your account each year on your card’s anniversary. This is a great added bonus that makes this card exceptional.
  • Travel protections This card comes with lost luggage reimbursement, baggage delay insurance, travel accident insurance, auto rental collision damage waiver and more. These features add a layer of protection when traveling abroad.

Cons Cons

  • $69 annual fee Many travel credit cards will waive their annual fee for the first year — but not this one. Otherwise, the $69 annual fee is typical and if this is your go-to card, the rewards you earn can likely outweigh the fee.
  • Foreign transaction fee This card charges 3% of each transaction in U.S. dollars for purchases made abroad. It’s ironic that a travel card would include this fee. If you can, leave this one at home if you travel outside of the country. Also consider other airline cards that don’t charge a foreign transaction fee.
Bottom line

Bottom line

We recommend this card for people who frequently fly on Southwest Airlines and want to earn a higher rewards rate on those purchases. This card will allow you to earn more points on Southwest flights that will allow you to maximize your rewards. If you don’t fly Southwest and often fly abroad, this card isn’t for you.

Best for United frequent flyers

UnitedSM Explorer Card

The information related to UnitedSM Explorer Card has been independently collected by MagnifyMoney and has not been reviewed or provided by the issuer of this card prior to publication.

UnitedSM Explorer Card

Annual fee
$0 Intro for First Year, then $95
Rewards Rate
Earn 2 miles per $1 spent at restaurants, on hotel stays and on purchases from United. 1 mile per $1 spent on all other purchases
Regular Purchase APR
16.49% to 23.49% Variable

Magnify Glass Pros

  • Priority boarding Snag your seat before everyone else and avoid the rush to get on the plane.
  • Free checked bag You and one companion traveling on the same reservation will each receive their first standard checked bag free.
  • Hotel benefits This card comes with luxury hotel and resort collection privileges including room upgrades, complimentary daily breakfast for two, early check-in, late checkout and other amenities at more than 900 luxury hotels and resorts worldwide.
  • Travel protections This card comes with lost luggage reimbursement, baggage delay insurance, travel accident insurance, auto rental collision damage waiver, trip delay reimbursement, trip cancellation/interruption insurance and more. These features add peace of mind when traveling.

Cons Cons

  • Annual fee of $0 intro for first year, then $95 Many travel credit cards will waive their annual fee for the first year — including this one. After that first year, the annual fee kicks in. However, the annual fee amount is typical and the rewards you earn can outweigh the annual fee.
  • Limited Star Alliance partners You can only use your points to book travel on United Airlines or their partners in the Star Alliance, including such airlines as Lufthansa and Air China. This is a negative if you don’t travel on any of these airlines.
Bottom line

Bottom line

This card offers a good rewards program for United Airlines flyers. You will enjoy more miles on United purchases and will also get nice perks that make flying less stressful. We recommend this card if you’re a frequent United Airlines traveler.

Best for American Airlines frequent flyers

Citi® / AAdvantage® Platinum Select® World Elite™ Mastercard®

The information related to Citi® / AAdvantage® Platinum Select® World Elite™ Mastercard® has been independently collected by MagnifyMoney and has not been reviewed or provided by the issuer of this card prior to publication.

Citi® / AAdvantage® Platinum Select® World Elite™ Mastercard®

Annual fee
$99, waived for first 12 months*
Rewards Rate
Earn 2 AAdvantage® miles for every $1 spent on eligible American Airlines purchases*
Regular Purchase APR
17.74% - 25.74%* (Variable)
Credit required
excellent-credit
Excellent/Good

Magnify Glass Pros

  • Cheaper mile redemptions You’ll pay up to 7,500 fewer miles to fly to certain destinations with American Airlines. This can help you maximize your miles.
  • First checked bag free You won’t have to leave the things you really want to bring at home in order to save money. First checked bag is free on domestic American Airlines itineraries for you and up to four companions traveling with you on the same reservation.
  • Discount on in-flight purchases You can save money when dining on American Airlines flights. Receive a 25% savings on eligible in-flight food and beverage purchases when you use your card on American Airlines flights.
  • Earn a $125 American Airlines Flight Discount You can earn this discount by spending $20,000 or more on purchases using this card each card membership year.

Cons Cons

  • Limited “oneworld” partner airlines You can only book travel on American Airlines or their partner airlines in the “oneworld alliance.” Other member airlines include British Airways and Qantas, for example.
Bottom line

Bottom line

This card offers solid benefits and ways to maximize your mile earnings. It’s an important card in any traveler’s wallet and can be a great benefit to frequent American Airlines flyers. Take advantage of the cheaper miles redemption to maximize your miles.

Delta SkyMiles® Gold American Express Card

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on American Express’s secure website

Terms Apply |  Rates & Fees

Delta SkyMiles® Gold American Express Card

Annual fee
$0 introductory annual fee for the first year, then $99.
Rewards Rate
Earn 2X Miles on Delta purchases, at restaurants worldwide and at U.S. supermarkets and 1X Mile on all other eligible purchases.
Regular Purchase APR
15.74%-24.74% Variable

Magnify Glass Pros

  • Free checked bag Save money and hassle by bringing all the stuff you need with you on your travels in a free checked bag.
  • Priority boarding Be the first on the plane so you don’t have to worry about luggage space or a long line.
  • No foreign transaction fee This card does not charge a fee for purchases made abroad. That means you can fly outside of the U.S. and not be charged additional fees like most other cards.
  • Discounts on Delta purchases You will enjoy several discounts when flying Delta. Receive a 20% savings in the form of a statement credit after you use your card on eligible Delta in-flight purchases of food, beverages, and audio headsets.
  • Travel protections This card comes with Global Assist Hotline, car rental loss and damage insurance, and more. These features are a great way to have an added layer of safety when traveling.

Cons Cons

  • Limited SkyTeam partner airlines You can also use your Delta miles to book travel within the SkyTeam Alliance, a relatively limited network with other members like Air France and Aeroméxico.
Bottom line

Bottom line

This card offers great benefits for those who fly Delta. You will enjoy a wide selection of benefits from priority boarding to in-flight savings that make traveling more comfortable and cheaper. We recommend this card for frequent Delta flyers who want added discounts when they travel.

Best luxury credit card for good credit

Even though traveling is fun, it can still be a stressful experience. Between fighting throngs of crowds and cramming into airline seats, it can be enough to drive even the most ardent travel-lover insane sometimes.

The good news is you may avoid all of that with a luxury credit card. These credit cards could give you an across-the-board better travel experience, from the moment you arrive at the airport until you make it back home. Here is our top pick for a luxury credit card.

The Platinum Card® from American Express

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on American Express’s secure website

Terms Apply |  Rates & Fees

The Platinum Card® from American Express

Annual fee
$550
Rewards Rate
5X Membership Rewards® points on flights booked directly with airlines or with American Express Travel and 5X Membership Rewards® points on prepaid hotels booked on amextravel.com.
Credit required
good-credit
Excellent/Good

Magnify Glass Pros

  • Free access to over 1,200 airport lounges Get away from the crowds in premium airport lounges all over the globe. This is a great feature that will allow you time to decompress before or after flights.
  • $200 toward airline fees and incidental purchases each year Amex will refund you up to $200 in the form of a statement credit per year on purchases from a qualifying airline you select ahead of time. This includes things like meals, checked bag fees, and more.
  • Statement credit for Global Entry or TSA Precheck : Amex will refund you every four-and-a-half years for TSA Precheck ($85) or every four years for Global Entry ($100) fees. If you were thinking of using these services, it’s a great idea to take advantage of this rebate and enjoy a quicker check-in when flying.
  • Great rewards program Earn a fantastic rewards rate of 5X Membership Rewards® points on flights booked directly with airlines or with American Express Travel and 5X Membership Rewards® points on prepaid hotels booked on amextravel.com. It’s more than double what many other travel cards offer.

Cons Cons

  • High $550 annual fee Luxury doesn’t come cheap. If you spend a lot on travel, though, this card can still pay for itself. Make sure this card is right for your needs.
Bottom line

Bottom line

This card is a stand-out favorite for globetrotting jet-setters who prefer a bit of comfort while traveling. Watch out for the $550 annual fee, though. If you spend a lot on travel each year, however, this card might actually save you money and will allow you to travel in luxury.

Best 0% Intro APR credit cards for good credit

If you really need to buy something moderately expensive but don’t have the cash for it yet, 0% Intro APR purchase cards can be a great way to go. They’re basically like free short-term loans. These cards are similar to 0% Intro balance transfer cards, but not all balance transfer cards also offer you the ability to make new purchases with the introductory APRs.

It’s recommended to only use these cards to buy things that you absolutely need rather than using them for a big splurge. These cards offer great opportunities to better your life, without the extra cost — if you can pay off the card before the promo period is over.

Capital One® Quicksilver® Cash Rewards Credit Card

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on Capital One’s website

Capital One® Quicksilver® Cash Rewards Credit Card

Regular Purchase APR
15.49% - 25.49% (Variable)
Intro Purchase APR
0% intro on purchases for 15 months
Intro BT APR
0% intro on balance transfers for 15 months
Annual fee
$0
Rewards Rate
1.5% Cash Back on every purchase, every day
Balance Transfer Fee
3%

Magnify Glass Pros

  • Intro 0% APR for 15 months If you need to make a big purchase, you’ll appreciate the purchase APR offer of 0% intro on purchases for 15 months. After, a 15.49% - 25.49% (variable) APR applies. The card also offers 0% intro on balance transfers for 15 months. After, a 15.49% - 25.49% (variable) APR applies. The balance transfer fee is a reasonable 3%.
  • Good flat-rate rewards Earn 1.5% cash back on every purchase, every day.
  • Sign-up bonus One-time $150 cash bonus after you spend $500 on purchases within 3 months from account opening.
  • No annual fee and no foreign transaction fee The annual fee for this card is $0, so as long as you don’t carry a balance and incur interest charges, all the rewards you earn are net cash back in your wallet. And you can travel abroad knowing that the foreign transaction fee is none, so you won’t be charged an extra fee for each transaction you make.

Cons Cons

  • There are cards with higher rewards rates Though the Capital One® Quicksilver® Cash Rewards Credit Card offers a solid cashback rate, there are flat-rate cards that offer up to 2% cash back, and cards that offer up to 5% cash back in rotating quarterly categories.
Bottom line

Bottom line

With a strong 0% Intro APR offer on both purchases and balance transfers, as well as good ongoing rewards, the Capital One® Quicksilver® Cash Rewards Credit Card offers cardholders an excellent value.

Read our full review of the Capital One® Quicksilver® Cash Rewards Credit Card.

Citi Simplicity® Card - No Late Fees Ever

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The information related to Citi Simplicity® Card - No Late Fees Ever has been independently collected by MagnifyMoney and has not been reviewed or provided by the issuer of this card prior to publication.

Citi Simplicity® Card - No Late Fees Ever

Intro BT APR
0% for 21 months on Balance Transfers
Balance Transfer Fee
5% of each balance transfer; $5 minimum
Regular Purchase APR
14.74% - 24.74% (Variable)
Credit required
good-credit
Excellent/Good

Magnify Glass Pros

  • Intro 0% for 21 months on Balance Transfers Enjoy no interest charges for nearly two years in a row — that’s one of the longest 0% BT APR intro periods in the business. After the intro period, the APR goes to 14.74% - 24.74% (variable). The card also offers an intro APR of 0% for 12 months on purchases. After the intro period ends, the regular purchase APR is 14.74% - 24.74% (variable).
  • No late fees Citi offers one of the most unique benefits in the credit card world — no late fees. Of course, it isn’t a free pass; you still need to pay your bill on time or risk a huge credit score drop from the negative mark on your credit report.
  • Choose your bill due date To make it as easy as possible on your finances, you can choose your own due date. Get paid in the middle of the month? No problem. Prefer to pay it right away? Pay it at the beginning of the month.

Cons Cons

  • 3% foreign transaction fee If you’ll be traveling abroad, leave this card at home — otherwise it’ll end up making your trip 3% more expensive.
Bottom line

Bottom line

This is one of the longest 0% BT APR intro periods in the credit card market for balance transfers and offers a fantastic opportunity for those who need to finance a large purchase — as long as you pay it off before the period expires. Use this card as a means to rid yourself of high interest charges while you pay off your bills.

Read our full review of the Citi Simplicity® Card - No Late Fees Ever

Learn more

You don’t need a perfect credit score to qualify for most financial products. You’ll still get access to virtually all of the things an 850 credit score would unlock as long as you have a credit score of at least 760.

Good credit scores don’t happen by accident. Whether you deliberately aimed for your score or not, you have good financial management skills. However, this isn’t enough to guarantee your approval for a large number of financial products.

It’s actually possible to have a good credit score yet still be a high financial risk. For example, your credit score doesn’t take your salary into account. You could have a perfect credit score yet be unemployed with no income, in some cases.

When you apply for financial products, banks will look at your entire situation beyond just your credit score. Each bank will have their own approval criteria, and you might not pass one of them even if you have a good credit score.

Take heart, however; in general, you will be approved for most good financial products and services if you have a good credit score. But if the bank is very picky or something uncommon has happened to you (such as a recent job loss), it’s not surprising to be rejected.

Potential creditors don’t like to see a string of recent credit inquiries on your report because it might be a sign that you’re going on an out-of-control credit binge. Your score will be docked a few points per credit inquiry. This is a relatively small cut compared to more major transgressions like late payments and foreclosures, however.

When you have a poor credit score (600-648), you need every point you can get. The difference between a poor and a fair credit score is just 48 points; you need to do everything you can to gain those points and move up into the next bracket. Having a hard credit pull on your credit report will set you back even longer.

If you’ve got good credit, though, you don’t need to worry as much. You have 150 points between 700 and the maximum score of 850. That’s plenty of room to pay for small dings on your credit. You can have a hard inquiry on your credit report and still have a good credit score, unless you’re starting with a borderline good score of 700-705.

You’ve worked hard getting your score to this point, now how do you keep it there? Luckily, it’s not hard; basically, continue doing the good things you’re already doing.

Paying all of your statements on time and in full is one of the best things you can do to maintain your high credit score. A single late payment on your mortgage could set you back 60 points or more, downgrading you from good credit to average. Make sure all of your debt accounts are set up on autopay to avoid this potentially costly error.

Credit utilization (the percentage of available credit you’re using) is also one of the biggest factors in determining your credit score. The less available credit you’re using, the better. In general, a credit utilization ratio of 10% or less will boost your score the most. This means that you’ll have a credit card balance of $1,000 or less for each $10,000 of credit you have available to you.

A few minor factors will also boost your credit score, but not as much as having a good payment history and a low credit utilization ratio. Keep credit inquiries to a minimum. In order to avoid a slew of inquiries that will be reflected in your credit score, make sure companies use soft pulls if you need to shop around for the best interest rates.

Also consider keeping your oldest credit cards open and closing any newer ones you’re not using. This will increase your average credit age. In general, an average credit age of five years or more is considered best and will boost your credit score.

You don’t want to be juggling around a ton of cards you’re not using. Closing old cards sounds like a good idea until you consider one factor: It may ding your credit score.

Creditors like to see that you can effectively handle credit accounts over long periods of time. That’s why average credit age is one factor included in credit scoring models.

If you close out an old card, your average credit age might drop. This would cause a corresponding dip in your score. The effect wouldn’t be huge (not as large as a late payment, for example), but it could be there nonetheless, especially if your average credit age is five years or less (over five years is the optimal average credit age).

That’s why most experts recommend keeping your oldest credit card open. If you want to juggle fewer accounts, close any newer ones that you’re not using. Of course, if your oldest credit card charges an annual fee and you’re not using it, then go ahead and close it anyway. Paying an annual fee for a card you’re not using likely outweighs any benefits from keeping the card open for the sake of boosting your average credit age.

Furthermore, if you close your old credit card before you apply for a new card, it’s possible that your credit score will drop enough that your application will be rejected, especially if you have a borderline good credit score. In this case, it’s better to wait until after you’ve applied and been approved for the new credit card before closing your old card, if you decide to do so.

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Balance Transfer, Best of, Pay Down My Debt

Best 0% APR Credit Card Offers – April 2020

Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It has not been previewed, commissioned or otherwise endorsed by any credit card issuer. This site may be compensated through a credit card issuer partnership.

There are a lot of 0% APR credit card deals in your mailbox and online, but most of them slap you with a 3 to 4% fee just to make a transfer, and that can seriously eat into your savings.

At MagnifyMoney we like to find deals no one else is showing, and we’ve searched hundreds of balance transfer credit card offers to find the banks and credit unions that ANYONE CAN JOIN which offer great 0% interest credit card deals AND no balance transfer fees. We’ve hand-picked them here.

If one 0% APR credit card doesn’t give you a big enough credit line you can try another bank or credit union for the rest of your debt. With several no fee options it’s not hard to avoid transfer fees even if you have a large balance to deal with.

1. The Amex EveryDay® Credit Card from American Express – Introductory 0% for 15 Months on balance transfers and purchases, $0 balance transfer fee.

This offer edges out competitors with a long 0% intro period and standout perks. The Amex EveryDay® Credit Card from American Express has increased value with an intro 0% for 15 Months on purchases and balance transfers, then 12.99% - 23.99% variable APR and a $0 balance transfer fee. (For transfers requested within 60 days of account opening.) In addition to the great balance transfer offer, you can earn rewards — 2x points at US supermarkets, on up to $6,000 per year in purchases (then 1x), 1x points on other purchases.

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2. BankAmericard® credit card0% Introductory APR on purchases for 15 billing cycles, $0 Introductory Balance Transfer Fee

Cardholders can benefit from an 0% Introductory APR on purchases for 15 billing cycles and an introductory $0 balance transfer fee for the first 60 days your account is open. After that, the fee for future balance transfers is $0 Introductory Fee for transactions made within 60 days of opening your account. After that, your fee will be:Either $10 or 3% of the amount of each transaction, whichever is greater. Once the intro period ends, there is a 14.49% - 24.49% Variable APR. You can benefit from a $0 annual fee and access to your free FICO® Score.

When to consider a fee

While no-fee balance transfer cards are great, sometimes it may be worthwhile to consider a balance transfer card with a balance transfer fee. The fee will be a percentage — typically 3% or 5% — of the total amount you transfer, but cards that charge balance transfer fees often have longer intro periods. If you can’t afford the high monthly payments required to pay off your balance before the end of a 15-month intro period, a card offering a longer intro period — such as 18 months — can provide lower monthly payments while still allowing you to pay off your balance before the end of the intro period. Below, we provide an example that should help you decide when you should consider a fee.

For this example, we’re assuming $6,354 in credit card debt, which is the average balance Americans have, according to Experian’s 2017 State of Credit report.

By choosing the card offering an intro 0% for 18 months and a 3% transfer fee, you’ll only have to pay $364 a month to pay your debt and the balance transfer fee off in full during the intro period. That’s $60 less than the $424 monthly payment required by the card with an intro 0% for 15 months. Just beware that while you’re saving month to month, overall, you will end up paying about $190 more due to the balance transfer fee.

The Wells Fargo Platinum card has an intro 0% for 18 months on qualifying balance transfers and has a 3% for 120 days, then 5% balance transfer fee. After the intro period, it has a 15.49%-24.99% (Variable) APR.

Wells Fargo Platinum card

The information related to Wells Fargo Platinum card has been independently collected by MagnifyMoney and has not been reviewed or provided by the issuer of this card prior to publication.

Wells Fargo Platinum card

Intro Purchase APR
0% for 18 months
Intro BT APR
0% for 18 months on qualifying balance transfers
Regular Purchase APR
15.49%-24.99% (Variable)
Annual fee
$0
Credit required
good-credit
Excellent/Good

3. Chase Slate® – 0% Intro APR on Balance Transfers for 15 months and 0% Intro APR on Purchases for 15 months, $0 Introductory Balance Transfer Fee

This deal is easy to find – Chase is one of the biggest banks and makes this credit card deal well known. Save with a 0% intro apr on balance transfers for 15 months and intro $0 on transfers made within 60 days of account opening. after that: either $5 or 5%, whichever is greater. You also get a 0% Intro APR on Purchases for 15 months on purchases and balance transfers, and $0 annual fee. After the intro period, the APR is currently 16.74% - 25.49% Variable. Plus, see monthly updates to your free FICO® Score and the reasons behind your score for free.’

4. Platinum Card from Navy Federal Credit Union – 1.99% introductory APR for 12 months on balance transfers, NO FEE

Platinum Card from Navy Federal Credit Union
The Platinum Card from Navy Federal Credit Union offers a 1.99% introductory APR for 12 months on balance transfers (after a 7.49% and 18.00% Variable APR). Note: This offer expires on Jan. 2, 2020. Since Navy Federal is a credit union, membership is required to open this card. You can qualify if you or one of your family or household members has ties to the armed forces, DoD or National Guard. Find out more about membership qualifications on Navy Federal.

5. Edward Jones World MasterCard® – Intro 0% for 12 billing cycles on balance transfers, NO FEE

Edward Jones World MasterCard®
You’ll need to go to an Edward Jones branch to open up an account first if you want this deal. Edward Jones is an investment advisory company, so they’ll want to have a conversation about your retirement needs. But you don’t need to have money in stocks to be a customer of Edward Jones and try to get this card. Just beware that you only have 60 days to complete your transfer to lock in the intro 0% for 12 billing cycles, and after the intro period a 14.99% Variable APR applies.

6. Choice Rewards World MasterCard® from First Tech FCU – Intro 0% for 12 months on balance transfers, NO FEE

Choice Rewards World MasterCard® from First Tech FCU

Anyone can join First Tech Federal Credit Union by becoming a member of the Financial Fitness Association for $8, or the Computer History Museum for $15. You can apply for the card without joining first. The intro 0% for 12 months and no transfer fee on balances transferred within first 90 days of account opening is for the Choice Rewards World MasterCard® from First Tech FCU. After the intro period, an APR of 11.99%-18.00% variable applies. You also Earn 20,000 Rewards Points when you spend $3,000 in your first two months.

7. Rewards Visa Card from La Capitol FCU – Intro 0% interest on balance transfers for 12 months on balance transfers, NO FEE

Rewards Visa Card from La Capitol FCU
Anyone can join La Capitol Federal Credit Union by becoming a member of the Louisiana Association for Personal Financial Achievement, which costs $20. Just indicate that’s how you want to be eligible when you apply for the card – no need to join before you apply. And La Capitol accepts members from all across the country, so you don’t have to live in Louisiana to take advantage of this deal on the Rewards Visa Card from La Capitol FCU. The introductory 0% interest on balance transfers for 12 months on balance transfers applies to balances transferred within first 90 days of account opening. After the intro period, a 12.25%-18.00% variable APR applies.

8. Visa® Signature Credit Card from Purdue FCU – Intro 0% for 12 months on balance transfers and purchases, NO FEE

Visa® Signature Credit Card from Purdue FCU
The intro 0% for 12 months offer is only for their Visa® Signature Credit Card – other cards have a higher intro rate. After the intro period ends, 11.50%-17.50% Fixed APR applies. The Purdue Federal Credit Union doesn’t have open membership, but one way to be eligible for credit union membership is to join the Purdue University Alumni Association as a Friend of the University.

Anyone can join the association, but it costs $50. The good news is you can apply and get a decision before you become a member of the Alumni Association.

9. Premier America Credit Union – 0% Intro APR for 6 months on balance transfers and purchases, NO FEE

Premier Privileges Rewards Mastercard® from Premier America CU

Premier America is unique because it has the Student Mastercard® from Premier America CU that’s eligible for the intro 0% for 6 months on balance transfers, though credit limits on that card are $500 – $2,000. There is an 11.25% Variable APR after the intro period. There’s also a card for those with no credit history – the Premier First Rewards Privileges® from Premier America CU, with limits of $1,000 – $2,000 and a 19.00% Variable APR. If you’re looking for a bigger line, the Premier Privileges Rewards Mastercard® from Premier America CU is available with limits up to $50,000 and a 8.45% - 17.95% Variable APR.

Anyone can join Premier America by becoming a member of the Alliance for the Arts. You can select that option when you apply.

Other 0% intro APR cards to consider

10. Visa Platinum Card from Money One FCU – as low as 0% intro APR for 6 months on balance transfers and purchases, NO FEE

Visa Platinum Card from Money One FCU

Anyone can join Money One Federal by making a $20 donation to Gifts of Easter Seals. And you can apply without being a member. You’ll see a drop down option during the application process that lets you select Gifts of Easter Seals as the way you plan to become a member of the credit union. Credit lines for the Visa Platinum Card from Money One FCU are as high as $25,000. After the as low as 0% intro apr for 6 months, there’s a 8.50% to 18.00% Variable APR.

11. Andigo Credit Union – Intro 0% for 6 months on balance transfers and purchases, NO FEE

Visa Platinum Card from Andigo
You’ll have a choice to apply for the Visa Platinum Cash Back Card from Andigo, Visa Platinum Rewards Card from Andigo, or Visa Platinum Card from Andigo. The Visa Platinum Card from Andigo has a lower ongoing APR at 11.65% - 20.65% Variable, compared to 12.24% - 21.24% Variable for the Visa Platinum Cash Back Card from Andigo and 13.65% - 22.65% Variable for the Visa Platinum Rewards Card from Andigo. So, if you’re not sure you’ll pay it all off in 6 months, the Visa Platinum Card from Andigo is a better bet.

Anyone can join Andigo by making a donation to Connect Vets for $15, and you can submit an application for the card without being a member yet.

12. ETFCU's Platinum Rewards Credit Card – Intro 0% for 6 first billing cycles on balance transfers, NO FEE

ETFCU's Platinum Rewards Credit Card
You don’t need to be a teacher to join this credit union. Just make a $5 donation to Mater Dei Friends & Alumni Association. The ETFCU's Platinum Rewards Credit Card has an ongoing APR of 10.25% to 17.95% Variable, so you can enjoy a decent rate even after the intro deal ends.

13. Elements Financial Platinum Visa® Credit Card – Intro 0% for 6 months on balance transfers and purchases, NO FEE

Elements Financial Platinum Visa® Credit Card
To become a member and apply, you’ll just need to join TruDirection, a financial literacy organization. It costs just $5 and you can join as part of the application process. The ongoing APR is 10.99% Variable which is lower than typical cards.

14. Justice Federal Credit Union – Intro 0% for 6 months on purchases, balance transfers, and cash advances, NO FEE

Student VISA® Rewards Credit Card from Justice FCU
If you’re not a Department of Justice, Homeland Security, or U.S. court employee (or a few others), you need to join a law enforcement organization to be a member of Justice Federal. One of the eligible associations for membership is the National Native American Law Enforcement Association. It costs $15 to join.

You can apply as a non-member online to get a decision before joining. And Justice is unique in that the Student VISA® Rewards Credit Card from Justice FCU is also eligible for the intro 0% for 6 months on purchases, balance transfers, and cash advances. So, if your credit history is limited and you’re trying to deal with a balance on your very first card, this could be an option. The APR after the intro period ends is 16.90% fixed.

15. Platinum Visa Card from Michigan State FCU – Intro 0% for 6 months on balance transfers, NO FEE

Platinum Visa Card from Michigan State FCU
There is the option to apply for the Cash Back Platinum Plus Visa Credit Card from Michigan State FCU or the Platinum Visa Card from Michigan State FCU. The Platinum Visa Card from Michigan State FCU has a lower ongoing APR at 9.90% APR - 17.90% variable, compared to the 13.90% APR - 17.90% variable APR for the Cash Back Platinum Plus Visa Credit Card from Michigan State FCU which can earn 1% cash back on all purchases. Anyone can join the Michigan State University Federal Credit Union by first becoming a member of the Michigan United Conservation Clubs. However, this comes at a high fee of $30 for one year.

Are these the best deals for you?

If you can pay off your debt within the 0% period, then yes, a no fee 0% balance transfer credit card is your absolute best bet. And if you can’t, you can hope that other 0% deals will be around to switch again.

But if you’re unsure, you might want to consider…

  • A deal that has a longer period before the rate goes up. In that case, a balance transfer fee could be worth it to lock in a 0% rate for longer.
  • Or, a card with a rate a little above 0% that could lock you into a low rate even longer.

The good news is we can figure it out for you.

Our handy, free balance transfer tool lets you input how much debt you have, and how much of a monthly payment you can afford. It will run the numbers to show you which offers will save you the most for the longest period of time.

promo balancetransfer wide

The savings from just one balance transfer can be substantial.

Let’s say you have $5,000 in credit card debt, you’re paying 18% in interest, and can afford to pay $200 a month on it. Here’s what you can save with a 0% deal:

  • 18%: It will take 32 months to pay off, with $1,312 in interest paid.
  • 0% for 12 months: You’ll pay it off in 28 months, with just $502 in interest, saving you $810 in cash. That even assumes your rate goes back up to 18% after 12 months!

But your rate doesn’t have to go up after 12 months. If you pay everything on time and maintain good credit, there’s a great chance you’ll be able to shop around and find another bank willing to offer you 0% interest again, letting you pay it off even faster.

Before you do any balance transfer though, make sure you follow these 6 golden rules of balance transfer success:

  • Never use the card for spending. You are only ready to do a balance transfer once you’ve gotten your budget in order and are no longer spending more than you earn. This card should never be used for new purchases, as it’s possible you’ll get charged a higher rate on those purchases.
  • Have a plan for the end of the promotional period. Make sure you set a reminder on your phone calendar about a month or so before your promotional period ends so you can shop around for a low rate from another bank.
  • Don’t try to transfer debt between two cards of the same bank. It won’t work. Balance transfer deals are meant to ‘steal’ your balance from a competing bank, not lower your rate from the same bank. So if you have a Chase credit card with a high rate, don’t apply for another Chase card like a Chase Slate® and expect you can transfer the balance. Apply for one from another bank.
  • Get that transfer done within 60 days. Otherwise your promotional deal may expire unused.
  • Never use a card at an ATM. You should never use the card for spending, and getting cash is incredibly expensive. Just don’t do it with this or any credit card.
  • Always pay on time. If you pay more than 30 days late your credit will be hurt, your rate may go up, and you may find it harder to find good deals in the future. Only do balance transfers if you’re ready to pay at least the minimum due on time, every time.

The information related to The Amex EveryDay® Credit Card from American Express, BankAmericard® credit card and Chase Slate® has been independently collected by MagnifyMoney and has not been reviewed or provided by the issuer of this card prior to publication. Terms apply to American Express credit card offers. See americanexpress.com for more information.

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