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American Express balance transfer credit cards

Only a few travel cards offer this useful financial feature.

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Fact checked
An American Express balance transfer card could help ease your financial burden if you have high-interest credit card debt. If you consolidate existing debt to a balance transfer card with a 0% interest introductory period, you could potentially avoid interest altogether by paying off your debt during that period.

Unfortunately, American Express has drastically cut down on balance transfer opportunities across their card lineup. Here are your remaining options.

What are the options for American Express balance transfer offers?

Amex recently removed balance transfer capabilities from many of their most popular cards. Only three Delta SkyMiles cards maintain their ability to perform a balance transfer and none are particularly outstanding for that purpose. This is rather unfortunate, as the cards that lost their balance transfer capabilities were a terrific value.

When deciding on whether to choose an Amex card for balance transfers, you’ll first need to ask yourself if you’ll actually use the card after you pay off your balance transfer. The only Amex balance transfer cards are travel cards — if you don’t travel with Delta, you might want to look at other provider options. If you don’t mind picking up a Delta card, you’ll want to choose based on how often you travel and what level of perks you desire.

American Express balance transfer offers compared

CardBalance transfer APRBalance transfer feeAnnual fee
Delta SkyMiles® Gold American Express Card15.74% to 24.74% APR on balance transfers requested within 60 days of account opening based on your creditworthiness.Either $5 or 3% of the amount of each transfer, whichever is greater.$0 for the first year, $99 after (see rates & fees)
Delta SkyMiles® Platinum American Express Card15.74% to 24.74% APR on balance transfers requested within 60 days of account opening based on your creditworthiness.Either $5 or 3% of the amount of each transfer, whichever is greater.$250 (see rates & fees)
Delta SkyMiles® Reserve American Express Card15.74% to 24.74% APR on balance transfers requested within 60 days of account opening based on your creditworthiness.Either $5 or 3% of the amount of each transfer, whichever is greater.$550 (see rates & fees)

How to do a balance transfer with American Express

Use these steps to compare and choose a balance transfer card from Amex:

  1. Choose an Amex balance transfer card.
    Compare the available offers and choose both the offer and the Amex credit card that best fits your balance transfer needs and spending style.
  2. Apply for the card online.
    The application should take just a few minutes. Click Apply now and start completing the fields with your details.
  3. Fill out your balance transfer details.
    Have the account number of your existing card ready and the balance amount you want to transfer.
  4. Wait for approval.
    You may receive a decision within a minute of applying. If additional information is required, you may have to wait several business days for manual approval.
  5. Continue paying off your old account.
    Amex won’t initiate your transfer until at least 10 days after it has given you access to a cardmember agreement. Furthermore, an Amex balance transfer typically takes five to seven days to complete. In the meantime, continue paying your old account as it comes due to avoid late fees.

How to do a balance transfer with American Express online after you’ve been approved for an account

You can request a balance transfer up until 60 days after account opening. Here’s how to do so:

  1. Log in to your online Amex account.
  2. Navigate to the Account services tab.
  3. On the left navigation bar, click Payment & credit options.
  4. Click Transfer balances.
  5. Enter your balance transfer details, including the card number of the account that currently holds your debt and the amount you wish to transfer.
  6. Review your information and submit your transfer request.
  7. Wait for your balance transfer to complete. In the meantime, keep making payments to the issuer who currently carries your debt.

How to do a balance transfer with American Express online after you’ve been approved for an account

  1. Call 1-800-528-4800 to speak with a Customer Care Professional.
  2. Tell the representative you want to make a balance transfer.
  3. If a transfer is allowed, give the representative necessary information such as the card number of your previous issuer and the amount you wish to transfer.
  4. Confirm with the representative that your balance transfer has been initiated.
  5. Wait for your balance transfer to complete. In the meantime, keep making payments to the issuer who currently carries your debt.

What are the benefits of a balance transfer with American Express?

Here’s why you might want to consolidate debt from multiple cards onto an Amex card:

  • Get rewarded.
    American Express offers a variety of travel rewards structures that can earn you money back on your everyday purchases. Rewards can be redeemed for statement credit, gift cards, merchandise and more.
  • Welcome offers.
    At the time of this writing, every Amex card capable of balance transfers featured a decent to excellent welcome offer.
  • Travel and purchase benefits.
    Enjoy a host of benefits that vary among cards. Some of the features available include global assistance, purchase protection and fee-based payment plans to reduce interest costs.

What are the drawbacks of a balance transfer with American Express?

An Amex balance transfer card might not be the best product for you, depending on your transfer size and how long you need to pay off your debt.

  • Balance transfer limits.
    You must transfer a minimum of $100, and must not exceed your approved credit limit. All balance transfers must also be requested within 60 days of your account opening.
  • Interest rates.
    Depending on your creditworthiness when you apply, your standard purchase APR could be quite high — up to 26.24%. Pay off the balance transfer before interest kicks in to avoid taking longer to get rid of your debt.
  • Balance transfer fees.
    A typical balance transfer fee for one of its cards is $5 or 3% of the transaction, whichever is greater.

Consider a balance transfer card from another brand

Citi® Diamond Preferred® Card

  • 0% Intro APR for 18 months on purchases from date of account opening and 0% Intro APR for 18 months on balance transfers from date of first transfer. After that the variable APR will be 14.74% - 24.74%, based on your creditworthiness. Balance transfers must be completed within 4 months of account opening.
  • There is a balance transfer fee of either $5 or 3% of the amount of each transfer, whichever is greater
  • Get free access to your FICO® Score online.
  • With Citi Entertainment®, get special access to purchase tickets to thousands of events, including concerts, sporting events, dining experiences and more.
  • Shop with confidence knowing that you have dependable protection benefits, including $0 Liability on Unauthorized Purchases and Citi® Identity Theft Solutions.
  • The standard variable APR for Citi Flex Plan is 14.74% - 24.74%, based on your creditworthiness. Citi Flex Plan offers are made available at Citi's discretion.
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Compare balance transfer credit cards

Want a better look at all of your balance transfer card options? Select your credit score below and click “show cards” to start comparing available cards side-by-side.

%
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
740
Long 18 months intro APR periods on purchases and balance transfers. Plus Citi Entertainment℠ for deals on dining and going out.
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
740
This one of the most valuable flat cashback cards. It comes with 2% cash back (1% when you buy plus 1% when you pay) and 18 months to pay off transfers.
Luxury Card Mastercard® Titanium Card™
0% intro for the first 15 billing cycles (then 14.99% variable)
$5 or 3% of the transaction, whichever is greater
700
Enjoy unique excursions, privileged access to exclusive events and insider opportunities.
TD Cash Credit Card
0% intro for the first 15 billing cycles (then 12.99%, 17.99% or 22.99% variable)
$5 or 3% of the transaction, whichever is greater
680
3% on dining and 2% on groceries make this a valuable card for food purchases. Use it while traveling, too, with no foreign transaction fees. Available in: CT, DC, DE, FL, MA, MD, ME, NC, NH, NJ, NY, PA, RI, SC, VA, VT
CardMatch™ from creditcards.com
See issuer's website
300
Use the CardMatch tool to find cards you're likely to qualify for with your credit score, without a hard pull on your credit.
Luxury Card Mastercard® Black Card™
0% intro for the first 15 billing cycles (then 14.99% variable)
$5 or 3% of the transaction, whichever is greater
700
Receive an annual $100 air travel credit toward flight-related purchases including airline tickets, baggage fees, upgrades and more.
Luxury Card Mastercard® Gold Card™
0% intro for the first 15 billing cycles (then 14.99% variable)
$5 or 3% of the transaction, whichever is greater
740
Earn 2% point value when redeemed for airfare or cash back through the Luxury rewards program.
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
740
Get rewards on gas and groceries with no annual fee. Ideal for everyday use, it's the only card that rounds purchases up to the nearest 10 points.
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What debts are eligible for a balance transfer with American Express?

Before applying for an Amex card, check that your debt is eligible.

Debts you can transfer to an American Express card

  • Other credit card balances
  • Qualifying loans, such as those for vehicles, furniture, appliances or anything else you pay monthly
  • Only balances from accounts in your name

Debts you can’t transfer to an American Express card

  • Card accounts that are overdue or over their
    credit limits
  • Non-credit card accounts including debit cards, overdrafts, savings and personal loans
  • Credit issued in foreign currencies

Can I transfer balances from one American Express credit card to another?

No. American Express will not allow transfers from any card issued by the company or its affiliates. Most credit card companies don’t allow internal transfers.

In its credit card disclosures, American Express explicitly bars balance transfers from accounts issued by it and its affiliates.

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      Bottom Line

      While American Express’s lineup balance transfer cards have merits, Amex’s recent changes to balance transfer eligibility has greatly limited your available card options. If you’re not interested in a balance transfer travel card, you’ll need to look elsewhere.

      For a look at other providers, use our guide to compare additional balance transfer cards and get an idea of other available offers that may suit your needs.

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