Evelyn Boros, Credit Cards Moderator
@evelyn_boros
The best credit card to pay off debt is the Wells Fargo Reflect® Card because it offers an introductory APR of 0% for 21 months from account opening on qualifying balance transfers. That allows cardholders to move existing debts to the card and save money while paying them off over time. The balance transfer fee is also relatively small, at 5% (min $5).
In addition, the Wells Fargo Reflect card has an introductory APR of 0% for 21 months from account opening on purchases. The card’s regular APR is 17.99% - 29.99% Variable. Also, this card has a $0 annual fee. There are a few additional credit cards to consider when it comes to the best credit cards to pay off debt, though.
Best Credit Cards to Pay off Debt in 2023
No matter which of the best credit cards to pay off debt that you get, you should strive to pay off your transferred balance in full before the 0% introductory APR ends. After that, any remaining balance will be subject to the card’s regular APR, which is often quite expensive.
2023's Best Credit Cards
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