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Tuesday, October 15, 2024

October 2024: Your Guide to Smart Balance Transfers

October 2024: Your Guide to Smart Balance Transfers


 The best balance transfer credit cards in October 2024 depend on your specific needs and creditworthiness. However, here are some of the top-rated options based on various factors:


Overall best


* Citi Simplicity® Card: Offers a long 0% intro APR for balance transfers and purchases, along with no late fees or annual fee.


Best for long balance transfer intro APR


* Wells Fargo Reflect® Card: Provides one of the longest 0% intro APR periods for balance transfers and purchases.


Best for long-term value


* Citi Double Cash® Card: Offers a 2% cash back reward on every purchase, making it a good option for everyday spending even after the intro APR period ends.


Best for welcome offer


* Discover it® Chrome: Comes with a generous welcome offer that can be used to offset the balance transfer fee.


Best for excellent credit


* Citi® Diamond Preferred® Card: Offers a long 0% intro APR for balance transfers and purchases, along with a low annual fee.


Best for everyday spending


* Blue Cash Everyday® Card from American Express: Provides a 3% cash back reward on groceries and gas, making it a good option for everyday purchases.


Best for dining


* Chase Freedom Unlimited®: Offers a 3% cash back reward on dining, making it a good option for those who spend a lot on restaurants.


Best for groceries


* Blue Cash Preferred® Card from American Express: Provides a 6% cash back reward on groceries, making it a great option for those who spend a lot on food.


Best for travel


* Bank of America® Travel Rewards credit card: Offers a 3% cash back reward on travel purchases, making it a good option for those who travel frequently.


Best for late payment fee forgiveness


* TD FlexPay Credit Card: Offers the option to forgive late fees if you pay your balance in full by the due date.


Best for flexibility


* Citi Custom Cash® Card: Allows you to choose the category that earns the highest cash back reward each month, making it a good option for those who have varying spending patterns.


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