0% interest for 21 months on balance transfers | finder.com

Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

What 21-month 0% intro APR balance transfer credit cards are out there?

When available, you can take down high-interest debt over several months.

Updated . What changed?

Fact checked
As of February 2021, there are no cards available that offer a 21-month balance transfer period. However, there is still a range of cards that come up just short of 21 months that can still save you hundreds of dollars.

Has there ever been a 21 month balance transfer credit card?

The last two cards to offer this length of balance transfer — the Citi Simplicity® Card and the Citi® Diamond Preferred® Card — recently had their intro periods reduced to 18 months. Whether Citi extends the intro APR period in the future is anyone’s guess. If you need a balance transfer card to consolidate your debt, you could be better off getting whichever card comes close to the 21 months of intro APR period.

Compare long 0% intro APR balance transfer credit cards

%
Name Product Amount saved Balance transfer APR Balance transfer fee Recommended minimum credit score Filter values
Citi® Diamond Preferred® Card
0% intro for the first 18 months (then 14.74% to 24.74% variable)
$5 or 3% of the transaction, whichever is greater
670
An impressive 18 months intro APR on balance transfers and purchases, as well as no annual fee make this one of the top 0% APR cards available.
Citi® Double Cash Card
0% intro for the first 18 months (then 13.99% to 23.99% variable)
$5 or 3% of the transaction, whichever is greater
670
Earn up to 2% on every purchase with no annual fee. This is the highest flat-rate cashback card on the market.
Citi Rewards+® Card
0% intro for the first 15 months (then 13.49% to 23.49% variable)
$5 or 3% of the transaction, whichever is greater
670
Get 2x points on restaurants and gas with this unique no-annual-fee card. Your rewards round up to the nearest 10 points for each purchase!
loading

Compare up to 4 providers

What is a 21-month balance transfer credit card?

Consider this sort of card as a 21-month interest-free loan to pay off your existing debt. Once approved for a balance transfer card, you can initiate the transfer and start paying off your old balance.

At the end of the introductory period, any unpaid debt from the balance transfer is charged interest at the standard — or revert rate — for that card, which can be between 13% and 27% variable.

Making payments on a balance transfer credit card

Even if a balance transfer credit card offers a 0% intro APR, you’ll still need to pay at least the minimum amount listed on your statement by the due date. To pay off your debt before the introductory period ends, you’ll need to pay more than the minimum amount each month.

Do 24-month balance transfer credit cards exist?

Outside of the occasional promotion, you’d be hard-pressed to find a 24-month 0% balance transfer card. Typically balance transfer offers range from 6 to 21 months.

Pros and cons of long intro APR cards

  • No annual fee. Almost every balance transfer card comes with a $0 annual fee.
  • Long intro APR period. With up to 20 months of 0% intro APR period, you can pay off large amounts of debt without paying interest.
  • Potential rewards program. Cashback cards typically come with balance transfers, but there are other reward cards as well.
  • Could lose the intro APR period. Some card providers may remove your 0% intro APR period if you’re late on your payments.
  • Balance transfers don’t earn rewards. Even if you have a balance transfer card, you won’t earn any rewards on balance transfers.
  • Balance transfer fees. Almost all balance transfer cards come with a balance transfer fee of either 3% or 5% of the amount.

Compare balance transfer credit cards with shorter intro periods

To get the longest intro APR period on balance transfers, you need to have at least a good credit score of 670 or higher. Also, most of these cards have no annual fee but will charge you a balance transfer fee.

Intro APR on balance transfersRevert rate
Amex EveryDay® Credit Card of intro APR to variable
Capital One® SavorOne® Cash Rewards Credit Card of intro APR15.49% to 25.49% variable
Capital One® Quicksilver® Cash Rewards Credit Card of intro APR15.49% to 25.49% variable
Citi Rewards+® Card15 months of 0% intro APR13.49% to 23.49% variable
Citi® Diamond Preferred® Card18 months of 0% intro APR14.74% to 24.74% variable
Citi Simplicity® Card18 months of 0% intro APR14.74% to 24.74% variable
Chase Freedom Unlimited® of intro APR14.99% to 23.74% variable
Chase Freedom Flex℠ of intro APR14.99% to 23.74% variable
TD Cash Credit Card15 months of 0% intro APR12.99% to 22.99% variable
Bank of America® Cash Rewards Credit Card15 statement closing dates of 0% intro APR13.99% to 23.99% variable
Citi® Double Cash Card18 months of 0% intro APR13.99% to 23.99% variable
Wells Fargo Platinum Card18 months of 0% intro APR15.49% to 24.99% variable
HSBC Gold Mastercard® credit card18 months of 0% intro APR13.99% to 23.99% variable

Bottom line

When they’re available, a 21-month no-interest balance transfer card can give you the time you need to pay off your debt with plenty of wiggle room. Just be sure to budget and pay down your debt within the introductory period. Otherwise, revert rates can catch up to you.

If you still aren’t sure which card is best for you, compare other balance transfer credit cards to find the best option for your financial needs.

Back to top

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site