Best Credit Card For Balance Transfers With Fair Credit

Cnbc selecthas ranked the best balance transfer credit cards and while most require good or excellent credit scores 670 and above there s one credit union card that stands out for people with.

Best credit card for balance transfers with fair credit. If you have fair credit you won t qualify for the best balance transfer card and could see high aprs and transfer fees. A balance transfer is when you take existing debt from one or more high interest credit cards and transfer it to another low or no interest credit card. But there are some options available read on for our top picks for credit cards that may work well for a fair credit rating. Balance transfer cards typically charge a fee of 3 to 5 percent of the amount transferred but you can find some card offers with no balance transfer fee.

When it comes to balance transfer credit cards fair credit scores aren t necessarily the most desirable to credit card companies. What to expect from balance transfer cards if you have fair credit. Chase slate is a balance transfer credit card that not only doesn t charge you a transfer fee it also offers an introductory 0 apr for balances transferred in the first 60 days for 15 months. Imagine you are renting a storage unit for 50 a month.

There is the chance you may qualify for offers that are just ok providing less time to pay off your balance. Those who have a credit score of 580 669 are likely to find it harder to qualify for a balance transfer credit card.