Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.
U.S. Bank balance transfer credit cards
Get a balance transfer intro APR up to 18 months long.
Updated . What changed?
- U.S. Bank Altitude® Go Visa Signature® Card
- U.S. Bank Cash+™ Visa Signature® Card
- U.S. Bank Visa® Platinum Card
The first two cards offer rewards, while the third currently has the longest intro APR period for any credit card on the market as of 01 March 2021. What all three cards have in common is the balance transfer fee.
How to complete a U.S. Bank balance transfer
There are three ways to do a balance transfer with a U.S. Bank card: During your credit card application process, by phone or online.
How to do a balance transfer with U.S. Bank during your application process
- Compare U.S. Bank credit cards based on balance transfer intro APR, ongoing APR, fees and rewards.
- Apply for the card.
- You can request multiple balance transfers as you apply for the card.
- Oftentimes, you’ll get an immediate decision, but sometimes it may take up to 10 days to hear back.
- Keep paying your creditors until your balance transfer clears.
How to do a balance transfer with U.S. Bank over the phone
- Call 800-285-8585 or the number on the back of your card to request a balance transfer.
- Inform the representative you want to make a balance transfer.
- Give the representative information, including the details of the account that currently holds your debt and how much you wish to transfer.
- Verify with the representative that your balance transfer is processing.
- Keep paying your creditors until your balance transfer posts.
How to do a balance transfer with U.S. Bank online
- Log in to your U.S. Bank online account.
- On the My accounts page, select your credit card account.
- From the left-hand Take action section, click Request a balance transfer.
- In the Offer overview area, click View details.
- Review the balance transfer terms. If they work for you, click Select this offer.
- Provide information for your balance transfer, including the payee, account number, transfer amount and payment address.
- Review the details of your balance transfer and click Submit.
- Wait for your balance transfer to post. In the meantime, keep paying your creditors.
You can apply for a U.S. Bank credit card if you:
- Are at least 18 years old.
- Are a legal resident of the US.
- Have a Social Security number or Individual Taxpayer Identification Number.
What do I need to apply?
Have details like these on hand when you apply for a U.S. Bank credit card:
- Full name
- Email address and phone number
- Mailing address
- Housing status and monthly housing payment
- Social Security number and date of birth
- Employment information and total annual income
Details you need to know before getting started
Before you start your balance transfer process, here’s what to keep an eye out for:
- Balance transfer fees. All U.S. Bank credit cards come with a 3% balance transfer fee, with a $5 minimum fee. This means, a balance transfer of $5,000 will cost you $150 in transfer fees.
- Balance transfer amount. U.S. Bank doesn’t disclose the amount you can transfer. Typically, though, banks accept transfers of either 95% or 100% of your available credit limit.
- Originating bank. U.S. Bank won’t accept balance transfers from other U.S. Bank credit cards. All transfers must be made from other banks and financial institutions that aren’t affiliated with U.S. Bank.
- What happens after the intro period ends? If you still have any unpaid balance, you start to accrue interest with the revert APR.
- No rewards on balance transfers. Even if the card earns rewards on all purchases, you won’t earn any rewards on balance transfers.
U.S. Bank balance transfer alternatives
As of 01 February 2021, U.S. Bank offers the longest 0% intro APR period on balance transfers. But other balance transfer cards may offer a shorter period but better rewards.
For example, the Citi® Double Cash Card offers 18 months of 0% intro APR period, with a variable APR of 13.99% to 23.99% thereafter, but it also offers 2% cash back on all purchases — 1% back when you make the purchase and another 1% back when you pay off your balance. Sometimes, getting a card with rewards could be more valuable than having two more interest-free months.
- Earn 2% on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases.
- To earn cash back, pay at least the minimum due on time.
- Balance Transfer Offer: 0% intro APR on Balance Transfers for 18 months. After that, the variable APR will be 13.99% – 23.99%, based on your creditworthiness.
- Balance Transfers do not earn cash back.
- If you transfer a balance, interest will be charged on your purchases unless you pay your entire balance (including balance transfers) by the due date each month.
- There is a balance transfer fee of either $5 or 3% of the amount of each transfer, whichever is greater.
- The standard variable APR for Citi Flex Plan is 13.99% – 23.99% based on your creditworthiness. Citi Flex Plan offers are made available at Citi's discretion.
Benefits and drawbacks of a balance transfer with U.S. Bank
- One card has a market-leading purchase and balance transfer intro APR. The U.S. Bank Visa® Platinum Card offers a 0% intro APR on purchases and balance transfers for the first 20 months from account opening. After that, the APR will be 14.49% to 24.49% variable.
- No annual fees for balance transfer cards. This can help you pay less overall for your balance transfer.
- Most balance transfer cards offer rewards. Only the U.S. Bank Visa® Platinum Card doesn’t offer rewards.
- Beyond the U.S. Bank Visa® Platinum Card, balance transfer intro APRs can be short. You’ll find balance transfer intro APRs between nine and 12 months long — potentially underwhelming when you can easily find 15-month intro APRs elsewhere.
- No card offers a 0% intro APR and $0 promotional transfer fees. If this combination is important to you, consider products such as the BankAmericard® Credit Card and Chase Slate® credit card.
I got the card. Now what?
- Confirm that your balance transfer is complete. Log in to your Online Banking account to see if your balance transfer has posted. You can also call U.S. Bank support.
- Keep up with payments. Consider setting up automatic payments to avoid late fees and, in some circumstances, loss of your intro APR.
- Contact customer service. Call 800-285-8585 if you need assistance with your credit card. You can also tweet the bank @AskUSBank.
U.S. Bank offers a particularly good balance transfer product: the U.S. Bank Visa® Platinum Card. A few of its other products offer rewards and respectable intro APRs.
More guides on Finder
Best balance transfer credit cards of 2021
Here are our top balance transfer picks for 2021.
Best 0% APR credit cards
Our top picks for cards with zero intro APR in 2021.
Best TD Bank credit cards of 2021
The Best TD Bank credit cards are solid, but nothing special.
If you have credit card debt, your window for a balance transfer may be closing
With offers disappearing fast, it’s time to review your balance transfer needs.
Best Visa credit cards
Earn rewards or get a 0% intro APR period with the best Visa credit cards.
Contact your bank for credit card payment relief during coronavirus
See which banks offer credit card relief for coronavirus.
U.S. Bank to take over State Farm Bank accounts, credit cards
State Farm customers will continue to have access to U.S. Bank products after the conversion.
How to lower interest rates on credit cards
Tips to use before and during your call.
How to get a U.S. Bank cash advance
Use your U.S. Bank credit card to make cash withdrawals, but at a high cost.
Best credit cards for teachers
Earn up to a 9% rewards rate on classroom spending.
Ask an Expert