0 interest credit cards for 24 months on balance transfers

Unfortunately, there are no 24-month balance transfer cards with an 0% intro APR period on the market at the moment. However, there are still several options available with periods longer than 12 months.

Table of Contents Show

Pros and cons of a 24-month balance transfer credit card
What does 0 balance transfer for 24 months mean?
Do balance transfers hurt credit score?
Does 0 APR apply to balance transfer?
What does 0% balance transfer for 12 months mean?

A 24 month balance transfer card lets you transfer debts from your existing cards to a new card with an introductory 0% interest rate lasting 24 months. At the end of the introductory period, any unpaid debt from the balance transfer is charged interest at a higher, standard rate.

Here’s a look at your alternatives to 24 month balance transfer credit cards.

Yes. In 2017 Santander Bank Sphere Card offered a 24-month balance transfer intro APR period to customers who applied at their branches in the Northeastern US. Since the discontinuation of the card however, no provider has stepped up to provide a competing card.

We don’t know. But if you need to make a balance transfer and save money on interest, waiting for a card that may never come out could be counterproductive. You can still find a variety of strong long-term intro APR balance transfer cards to choose from however, such as the Citi® Double Cash Card or Citi Simplicity® Card.

Here’s a look at some balance transfer cards with intro offers of at least 18-months. All of the listed cards charge no annual fee but do require at least a good credit score to qualify.

Credit Card	Intro APR Period on Balance Transfers	Revert rate (based on your creditworthiness)	Balance transfer fee (whichever is greater)
U.S. Bank Visa® Platinum Card	18 billing cycles	From 16.74% to 26.74%	$5 or 3%	Read review
Citi® Diamond Preferred® Card	21 months	From 16.74% to 26.74%	$5 or 5%	Read review
Citi® Double Cash Card	18 months	From 15.49% to 25.49%	3% or $5 when transferred within the first 4 months, $5 or 5% after that	Read review
Citi Simplicity® Card	21 months	From 16.99% to 27.74%	$5 or 5%	Read review
HSBC Gold Mastercard® credit card	18 months	From 13.99% to 23.99%	$10 or 4%	Read review
Wells Fargo Platinum Card	18 months	From 16.49% to 24.49%	$5 or 5%	Read review

Pros and cons of a 24-month balance transfer credit card

Pros

Save longer on interest. Assuming it returns, a 24 month balance transfer card is the longest period of time you’ll find on for consolidating debt on a credit card.
Ideal for large transfers. If you have a large amount of debt to transfer, you might not be able to pay it off with the more common balance transfer periods such as 15 months.

Cons

Can delay rewards. If a card with a long balance transfer offer also earns rewards, you won’t be able to effectively earn those rewards until you pay off your transferred debt.
High revert rates. If you can’t pay off your transferred debt in time, you could be slapped with a higher revert APR. Depending on how much you have left over on your debt, the interest can add up quickly.

Even a 24 month balance transfer card has some limitations. For example, the maximum you can transfer to a credit card is ultimately determined by your credit limit. Depending on your credit score, transferring your entire intended debt to your balance transfer card might prove impossible. Or you might simply need more than 24 months to comfortably deal with your debt.

If either is the case, consider looking into a personal debt consolidation loan. Repayment periods on these loans can last much longer than a balance transfer card, upwards of several years. You can also borrow a much larger amount than you could transfer with a balance transfer card. The only tradeoff is debt consolidation loans don’t offer 0% intro periods, instead offering much lower interest rates for your debts.

At the moment, there are no 24-month balance transfer credit cards with a 0% intro APR period. However, sometimes you can find solid options with up to 21 months of 0% intro APR period on balance transfers that could save you money on interest.

You may also want to compare other balance transfer cards with different features, such as no annual fee, so that you can find a card that offers the most value for your circumstances and goals.

Kliment Dukovski is a cryptocurrency and investments writer who has written over 700 articles to help readers find and compare the best financial options. Kliment has also written on money transfers, home loans and more. Previously, he ghostwrote guides and articles on foreign exchange and stock market trading.

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What does 0 balance transfer for 24 months mean?

With a 0% balance transfer you get a new card to pay off debt on old credit and store cards, so you owe it instead, but at 0% interest. A card will have a 0% period, during which you pay no interest – for example, 28 months – and sometimes you'll pay a small fee.

Do balance transfers hurt credit score?

A balance transfer can affect your credit score, depending on 1) if you open a new card to transfer a balance and 2) what you do once your balances have been transferred. If you simply move your balances around on your existing cards, your credit score likely won't be impacted.

Does 0 APR apply to balance transfer?

The 0% may not apply to everything A single credit card can charge different interest rates: Purchase APR: This is the interest rate charged on things you buy. If you want to use a 0% card to finance a big purchase, make sure the 0% offer applies to purchases and not just balance transfers.

What does 0% balance transfer for 12 months mean?

A 0% interest balance transfer is when you move what you owe from one credit card to a dedicated balance transfer credit card without having to pay any interest for a fixed period.