Lisa Cahill, Credit Cards Moderator
@lisacahill
The easiest balance transfer credit card to get approved for is the KeyPoint Classic Credit Card because you only need limited credit to qualify. The KeyPoint Classic Credit Card also offers an introductory balance transfer APR of 0% for 16 months.
The card has a regular APR of 20.24% - 22.24% (V) and a transfer fee of 4%. Easy approval balance transfer credit cards typically don’t measure up to the best balance transfer credit cards in terms of interest rates and fees, but this offer comes close thanks to its introductory promotion.
Best Easy Approval Balance Transfer Credit Cards
- KeyPoint Credit Union Visa Classic Credit Card: Best for People in California
- TDECU Classic Mastercard®: Best for People in Texas
- Five Star Bank College Rewards Visa® Credit Card: Best for Students
Easy approval generally means being able to get a credit card with, bad, limited, or fair credit. But balance transfer credit card options are limited for people in those credit-score tiers, so a transfer might not make sense as a result. The point of a balance transfer is to get a lower interest rate and pay off debt faster. It's unlikely you'll be offered a low enough APR until you have good credit , unless you qualify for the right credit union.
You can check your latest credit score for free on WalletHub to see where you stand. If you discover that you have less-than-good credit, you might want to consider getting a secured credit card instead. Using such a card responsibly will help you build a good enough credit score to easily get approved for a great balance transfer credit card in the future.
Popular Balance Transfer Credit Cards from Our Partners
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0% for 21 Months from Account Opening
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No Balance Transfer Fee
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Cash Back
People also ask
What credit score do you need for a balance transfer card?
Balance transfer credit cards usually require a credit score of 700 or higher (good to excellent credit) for approval. Some student credit cards that accept applicants with limited credit offer attractive balance transfer deals from time to time, too, as do some cards for people with fair credit.
You’ll find cards with 0% balance transfer APR periods from all 10 of the biggest credit card companies right now. For example, the Citi Simplicity® Card card requires...
read full answer by Rodney Bennett, WalletHub AnalystDo balance transfers hurt your credit?
Yes, balance transfers do hurt your credit when you open a new credit card account to do the transfer. Applying for a balance transfer credit card will generate a hard inquiry on your credit report, causing a slight dip in your credit score.
If you transfer a balance to an existing credit card account, however, there is no hard inquiry and no credit score damage. A balance transfer could still result in high credit utilization, though, and allow you...
read full answer by WalletHub, Financial CompanyIs it a good idea to do a balance transfer?
Doing a balance transfer is a very good idea if you need multiple months to pay off high-interest debt and you are able to qualify for a 0% balance transfer credit card. Most balance transfer cards require a 700+ credit score (at least good credit) for approval.
What you should know before making a balance transfer:
- You generally need good credit or better to get a 0% balance transfer credit card.
- Most balance...
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