Visa issues some of the top 0% APR balance transfer cards in markets worldwide. As one of the largest payment networks, Visa partners with major banks to provide credit lines letting you shift high-interest card debt onto Visa cards charging 0% temporary intro rates.
- What To Look For In Visa Balance Transfer Cards
- Chase Visa Balance Transfer Cards
- Wells Fargo Visa Balance Transfer Card
- U.S. Bank Visa Balance Transfer Card
- Low Fee Visa Balance Transfer Cards
- Lengthy 0% Term Visa Balance Transfer Cards
- Getting Approved for Visa Balance Transfer Cards
- 5 Step Balance Transfer Guide
- FAQs About Visa Balance Transfer Cards
- Summarizing the Best Visa Card Balance Transfers
What To Look For In Visa Balance Transfer Cards
Ideal Visa balance transfer credit cards provide:
- 12+ month 0% APR periods to pay off transferred balances
- $1,000+ credit limits to consolidate substantial existing debt
- Low balance transfer fees, ideally 3% or less of the amount moved
- No late fees or international transaction fees
- Lucrative ongoing rewards after the 0% intro period expires
Leading Visa card issuers like Chase, Citi, and Capital One grant consumers with good credit access to 0% offers lasting from 12 to 21 billing cycles. This allows ample time to eliminate transferred balances interest-free.
Below we analyze the top Visa branded balance transfer card options across popular banks.
Chase Visa Balance Transfer Cards
As the largest US card issuer, Chase partners with Visa to provide two excellent balance transfer cards offering 0% intro APRs for over 12 months on transferred debt.
The Chase Freedom Unlimited card provides 0% interest for 15 months along with:
- 1.5% cash back on every purchase
- $200 signup bonus after spending $500 in first 3 months
- No annual fee
The new Chase Slate Edge card boosts the intro 0% term to 18 months and includes:
- 0% fee on the first $1000 transferred within 60 days
- 1% cash back reward on all purchases
- No late fees
Both cards require good credit – 690+ FICO – for approval. Chase Visa cards are an excellent balance transfer option thanks to easy redemption rewards and no foreign transaction fees.
Wells Fargo Visa Balance Transfer Card
The Wells Fargo Reflect Card stands out as the longest 0% balance transfer option from Visa and Wells. This no annual fee card offers:
- 0% APR for 18 months on balance transfers
- Cell phone protection coverage
- No foreign transaction fees
As a Visa card, the Wells Fargo Reflect provides reliable acceptance and digital account tools through Wells Fargo’s top-rated website and app. Expect intro purchase rates alongside robust balance transfer terms.
U.S. Bank Visa Balance Transfer Card
While smaller than Chase and Citi, U.S. Bank offers some competitive Visa card balance transfer options like:
U.S. Bank Visa Platinum Card
- 20 billing cycles 0% intro APR on balance transfers
- Modest 3% balance transfer fee
- No annual fee
U.S. Altitude Connect Visa Signature
Key Features :
- 12 billing cycles 0% intro APR
- 4 points per $1 spent on travel/dining rewards
- 50,000 point signup bonus
A unique advantage with U.S. Bank is periodic transfer fee waivers – they often discount fees to 0% for a limited period. U.S. Bank also provides highly rated customer service.
Low Fee Visa Balance Transfer Cards
While most top Visa cards charge standard 3-5% balance transfer fees, finding options with lower or 0% fees can save you substantially upfront.
The best low/no fee Visa balance transfer cards include:
- OpenSky® Plus Secured – No transfer fee card for building credit
- USAA Rate Advantage – 0% fee Visa exclusive to military members
- Bank of America® Customized Cash – Occasional no-fee transfer promotions
Compare these and other discounted fee Visa cards using online comparison tools. Time applications to limited-time card acquisition deals offering reduced intro costs. Just have an accelerated payoff plan ready as deals expire.
OpenSky Plus Secured Visa Card
The OpenSky Plus Secured Visa Card from Capital One is a unique option allowing consumers with poor credit or no credit history to do balance transfers. It functions as a secured card requiring a refundable deposit.
Key features include:
- Credit lines from $300 to $3000
- No balance transfer fees
- 1% cash back rewards on purchases
- Monthly credit reporting to build scores
As a secured card requiring funds on deposit, it provides access to improve credit. Expect high ongoing purchase and balance transfer APRs.
USAA Rate Advantage Visa
USAA Rate Advantage Visa Offered exclusively to active military members, veterans, and their families
Key Features :
- Very low variable 7.15% APR on purchases and transfers
- No annual fee or foreign transaction fees
- Occasional 0% balance transfer promotions
It’s a straightforward, affordable card aimed at servicemembers. No rewards program but cardholder perks like car rental coverage.
Bank of America Customized Cashs:
Key features :
- 3% cash back in a category you choose
- 2% back at grocery stores
- $200 online cash rewards bonus
- Occasional no-fee transfer promotions
Bank of America periodically offers discounted or 0% balance transfer fees for new applicants. [3] Just ensure you have a payoff plan for the deferred interest deals.
Lengthy 0% Term Visa Balance Transfer Cards
In your balance transfer credit card search, prioritize Visa options boasting intro 0% APR lasting beyond 12 months – ideally over 18 months. This allows ample time to fully repay hefty credit card debts incurred at high ongoing rates without continuing to compound expensive interest charges.
- Citi Diamond Preferred® Card – 21 months at 0% is best in market
- Citi® Double Cash – 18 months 0% on balance transfers
- Chase Slate EdgeSM – 18 months 0%, great for Chase clients
- Wells Fargo Reflect® Card – 18 months 0% intro term
Proper planning to pay off 100% of transferred sums before the 0% expiration is vital to avoid deferred interest fees. Compare customer reviews on reliability meeting quoted 0% terms without surprises gotchas.
FAQs About Visa Balance Transfer Cards
Does transferring a balance hurt my credit?
Balance transfers may cause a small temporary score drop when reported as a new account. But in the long run, responsibly paying off transferred debts faster helps scores by lowering overall utilization.
Can authorized users do balance transfers?
No, only primary credit card holders can initiate balance transfers to other accounts. Authorized users have no direct card access so cannot request payoffs.
Is there a way to remove cash advance fees?
Yes. Some Visa cards let you specifically tag balance transfers to avoid costly cash advance fees and higher interest charges. Ask issuers about cash advance designations when requesting payoffs.
What if I can’t repay by the end of 0% term?
Ideally set up fixed payments that repay the balance in full before intro APRs expire. But if funds fall short, some cards let you apply for a 0% extension. Just know rates spike severely after deals end if a balance remains.
Where to get visa balance transfer card
Yes, Visa allows balance transfers. Many credit cards, including those issued by Visa, offer balance transfer facilities. It allows you to transfer a balance from one credit card to another, usually at a low introductory APR
How much is the balance transfer fee for Visa?
The balance transfer fee for Visa cards can vary among different issuers. It’s advisable to check the terms and conditions of your specific Visa credit card or contact your card issuer directly. Fees are typically stated as a percentage of the transferred amount or a flat fee, and this information can be found in the credit card agreement.
What happens to the old credit card after a balance transfer?
After a balance transfer, the old credit card may still exist, but with a zero balance. Some individuals choose to close the old card to streamline their finances, while others keep it open for credit history purposes. Closing or keeping the old card open is a personal choice, and it’s essential to consider its impact on your credit score.
Where to get a Visa balance transfer card?
You can obtain a Visa balance transfer card from various sources, including banks, credit unions, or financial institutions that issue Visa credit cards. Check with your current card issuer or explore different financial institutions to find Visa cards that offer favorable terms for balance transfers.
Summarizing the Best Visa Card Balance Transfers
In summary, Visa offers consumers some of the leading balance transfer credit cards available through partners like Citi, Chase, Wells Fargo and U.S. Bank. Look for low fee cards with 0% intro rates lasting beyond 12 months along with strong rewards programs for long term usage.
Carefully compare Visa card balance transfer offers to consolidate high credit card interest payments over to a temporary 0% APR account. This saves substantially on finance charges enabling you to focus monthly payments on paying down principal balances.
Just be sure to make a detailed payoff plan during the intro period to fully eliminate transferred balances before deferred interest kicks back in. And consider bonus cash back or points to offset residual fees.
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