The best debt consolidation credit cards usually have 0% introductory APRs, $0 annual fees, low balance transfer fees, and high enough credit limits to accommodate balance transfers from numerous accounts. When comparing credit cards for debt consolidation, your goal should be to find an offer that will reduce the total cost of your debt and shorten your timeline to debt freedom.
In general, the best debt consolidation credit cards are those with the best combination of 0% APRs, low fees, and high credit limits. You can run the numbers on your options with our balance transfer calculator.
Bear in mind that a lot depends on your credit standing. Usually, there aren’t too many debt consolidation credit cards for people with less-than-good credit.
The best debt consolidation credit card is Chase Slate because it offers an introductory APR of 0% for 15 months on balance transfers, a $0 balance transfer fee and a $0 annual fee. So there’s no need to worry about high costs even when transferring high balances. And there’s plenty of time to pay a high balance off. The card’s minimum credit limit is $500. But the limit can be $5,000 or more for applicants with stellar credit.
Some cards do have fees but can still be good choices for balance transfers, depending on your situation. For example, you’ll owe an extra 5% (min $5) with Citi Simplicity. But you will have an intro APR of 0% for 21 months* to pay the consolidated debts off.
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