What rate does my balance transfer revert to?

What happens when the promotional offer ends?

Last updated:

Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our opinions or reviews. Learn how we make money.

A balance transfer credit card with a promotional offer can be a great way to repay your debt without interest. Once your promotional period ends, however, the revert rate — usually the purchase or cash advance rate — kicks on any remaining balance, ranging from around 14% to 26%.

When will I have to pay the revert rate?

If your balance transfer credit card comes with a promotional offer, the 0% or low interest intro on balance transfers will only be available for a set period of time — usually between 6 to 21 months, depending on the card and offer.

Once this promotional offer ends, you’ll be required to pay the revert rate on any remaining balances. This is the standard purchase rate or cash advance rate, and it’s usually much higher than the promotional offer interest rate.

Before applying for a balance transfer credit card, check the terms and service statement for what the revert rate range is and when it will kick in. Consider how much debt you have, the length of the promotional offer and how much you’ll have to put down each month to pay off the entire debt before the revert rate rolls in.

Can I extend the promotional interest rate?

You could. If you negotiate with the credit card company before you open a new account with a promotional period, you could try to get it extended — for example negotiate a 0% intro APR from 12 to 21 months. It never hurts to ask.

However, if you’ve already made the transfer and your promotional time is almost up, it’s harder to negotiate a longer 0% promotional period. Credit card companies offer 0% promotional periods to hook you into getting their card. They really don’t have any motivation to keep you at a 0% intro APR when the revert rate is right around the corner.

So, what can you do if you’re at the end of your promotional period and still have a balance? If you’ve been a loyal customer who consistently makes on-time payments, you could try to negotiate a lower revert rate by expressing interest in transferring your balance to another provider. Credit card companies can’t make money if they lose customers.

Can I transfer the remaining balance onto another card?

You can typically make a second transfer as long as it’s not with the same card issuer.

Though there are no restrictions, transferring your debt on to yet another card could hurt your credit score. Every time you apply for a new card, a hard pull is done on your credit, which lowers it by a few points. You’ll also need to consider if the entire transfer plus any fees will exceed the limit of a new card.

Our pick for a balance transfer card

Citi Simplicity® Card

  • No Late Fees, No Penalty Rate, and No Annual Fee... Ever
  • 0% Intro APR on balance transfers for 21 months from date of first transfer. All transfers must be completed in first 4 months. After that, the variable APR will be 14.74% - 24.74%, based on your creditworthiness.
  • 0% Intro APR on purchases for 12 months from date of account opening. After that, the variable APR will be 14.74% - 24.74%, based on your creditworthiness.
  • If you transfer a balance with this offer, after your 0% Intro purchase APR expires, both new purchases and unpaid purchase balances will automatically accrue interest until all balances, including your transferred balances, are paid in full
  • There is a balance transfer fee of either $5 or 5% of the amount of each transfer, whichever is greater.
  • 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.
  • Stay protected with Citi® Quick Lock and $0 liability on unauthorized charges
Read less
Read more

Compare balance transfer revert rates

%
Name Product Amount saved Balance transfer APR Balance transfer fee Recommended minimum credit score Filter values
Citi Simplicity® Card
0% intro for the first 21 months (then 14.74% to 24.74% variable)
$5 or 5% of the transaction, whichever is greater
670
With an intro APR of 21 months, this card has one of the longest balance transfer offers on the market. Plus, no late fees and no annual fee.
Citi® Diamond Preferred® Card
0% intro for the first 21 months (then 13.74% to 23.74% variable)
$5 or 5% of the transaction, whichever is greater
670
Get one of the best balance transfer intro APR promotions available. Plus, access Citi Entertainment℠ to purchase tickets to concerts, sporting events, dining experiences and more.
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
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 months to pay off transfers.
Blue Cash Everyday® Card from American Express
0% intro for the first 15 months (then 12.99% to 23.99% variable)
$5 or 3% of the transaction, whichever is greater
670
Earn a $150 bonus statement credit after you spend $1,000 on purchases in the first 3 months. Rates & fees
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 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.

Compare up to 4 providers

Bottom line

Balance transfers can help you consolidate your debt and get you back on your way to being debt free. Finding a 0% balance transfer card can be a gift, as long as you pay off the debt before the period is over. To avoid paying the revert rate, do the math and make regular monthly payments.

Before deciding on a balance transfer card with a 0% intro APR, explore your options.

Frequently asked questions

Back to top

Picture: Shutterstock

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 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