John S Kiernan, Managing Editor
@John
Yes, there are some low interest balance transfer credit cards for life. However, getting a low balance transfer interest rate permanently or for the life of a transferred balance often means sacrificing in other areas. The best low interest balance transfer credit cards for life are the Simmons Bank Visa® credit card, the M&T Visa Credit Card, and the Saratoga's Community FCU VISA® Platinum Credit Card.
Some cards include both a low introductory APR on balance transfers and a low ongoing APR once the introductory rate expires. Others simply let the cardholder keep the same rate on balance transfers until the transferred balance is paid off.
Low interest balance transfer credit cards for life:
Introductory balance transfer APR of 6.99% for Until the balance is paid off. 11.99% regular APR. Balance transfer fee: $0.
Introductory balance transfer APR of 0% for 9 months. 9.99% regular APR. Balance transfer fee: $0.
Introductory APR of 0% for 12 months on balance transfers. 14.5% - 22.5% (V) regular APR. Balance transfer fee: 3% (min $10).
Introductory APR of 0% for 12 months on balance transfers. 13.99% - 20.99% (V) regular APR. Balance transfer fee: $0.
Introductory APR of 0% for 12 months on balance transfers. 16.5% - 24.5% (V) regular APR. Balance transfer fee: 3% (min $10).
Exactly how low of an ongoing APR you’ll get on your balance transfer credit card depends on your creditworthiness (credit score, payment history and more). Many cards express interest rates as a range, and the better your overall credit profile is, the better chance you’ll have of securing a low rate. Some cards only have a single regular APR for all cardholders, though.
In addition, the low interest on your balance transfer credit card may not always be for life. If your interest rate is variable, it will fluctuate along with changes in the economy. Also, how you use your card can make an impact. Late or missed payments, and payments less than the minimum amount due, can cancel your low interest rate and replace it with a higher APR. Finally, under the Credit CARD Act of 2009, an issuer can raise your interest rate, but they must provide advance notice.

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