The Best Balance Transfer Credit Card With No Balance Transfer Fees

If you have credit card debt, a balance-transfer card can be a great option. You move your balance onto the new card and enjoy an interest-free grace period often of a year or more. But there’s a big catch: Most cards charge you a hefty fee to transfer your balance—often as high as 5%. That’s where the Wings Visa Platinum card shines. 

The card offers 0% APR on balance transfers and purchases for 12 months after you open an account—and there is no balance transfer fee. The upshot is that, if you can afford to pay off what you owe in a year or less, Wings Visa Platinum may be the cheapest and most convenient way to retire your credit card debt.

Wings Visa Platinum Card

  • Intro APR offer: 0% APR offer for 12 months on purchases and balance transfers, afterwards regular APR applies
  • Intro APR applies to purchases and balance transfers for 12 months from account opening
  • Balance transfer fee: $0
  • Annual Fee: $0
  • Regular APR: 10.40% to 18.00%

To be sure, the Wings Visa Platinum has some drawbacks. Other balance-transfer cards offer longer interest-free introduction periods, or they offer cash back rewards on new spending. What’s more, Wings Visa Platinum is a credit union card. That means you can’t sign up, unless you become a member of the Wings Financial Credit Union. Still, joining is easy. 

Wings Financial membership is open to everyone who makes a donation of at least $5 to the Wings Financial Foundation. If you live in one of the communities served by Wings Financial, have a family member who is a Wings member, or have an affiliation with the aviation industry, you qualify to become a Wings Financial member for free.

Wings Visa Platinum’s free balance transfers, along with up to 12 months of 0% APRs on purchases and balance transfers are why Buy Side from WSJ named this card its Best Balance Transfer Card No Balance Transfer Fees.

How this card helps you get out of debt

To find the best balance transfer credit cards, we assumed your aim was to pay off a significant amount of credit card…

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