Top 0% Balance Transfer Credit Card Offers This Week

Holiday Spending Alert: Avoid Hidden Fees on Overseas Purchases

London, UK – Travellers heading abroad this holiday season are facing a hidden cost when using standard debit cards: foreign transaction fees. These fees,typically around 3% per purchase,can quickly add up,turning a £100 souvenir into a £103 expense. Some banks even tack on a flat fee on top of the percentage charge.

But ther’s a way to sidestep these extra costs. Specialist travel credit cards are emerging as a savvy solution, offering spending abroad at the same exchange rates your bank enjoys – eliminating those pesky fees altogether.

“If you’re getting ready for the holiday season, there are great offers at the moment to help you avoid currency conversion fees overseas, and you can even earn cashback on your spending (at home or abroad),” says financial expert Steere. “Just be sure to pay your card off in full each month to avoid paying interest – which would soon outweigh any cashback.”

Here’s what you need to know to protect your holiday budget:

Ditch the Cash Withdrawals: ATM withdrawals abroad are notorious for hefty fees and accruing interest. Avoid them whenever possible.
Embrace Travel Cards: Utilizing a specialist travel card for all your overseas spending unlocks near-perfect exchange rates, maximizing your money.
Pay in local currency: Always opt to pay in the local currency when given the choice.This prevents the merchant (or your bank) from applying an unfavourable exchange rate.
Credit Card Caution: While travel credit cards offer benefits, remember to settle your balance in full each month to avoid interest charges that negate any savings.

Beyond the Headlines: A Long-Term Strategy for Fee-Free Travel

The rise of travel-focused financial products reflects a growing awareness among consumers about hidden fees. While the 3% foreign transaction fee may seem small, it represents a significant profit margin for banks.

Choosing the right card isn’t just about saving money on this trip; it’s about establishing a long-term strategy for cost-effective travel.consider factors like cashback rewards, travel insurance benefits, and acceptance rates when selecting a card.Furthermore, be mindful of dynamic currency conversion (DCC) – the practice of offering to charge your card in your home currency while abroad. While seemingly convenient,DCC almost always results in a worse exchange rate.

Disclaimer: The opinions expressed are the author’s alone and have not been provided, approved, or otherwise endorsed by any financial institutions mentioned. This article provides general data and should not be considered financial advice.

What factors should I consider when comparing balance transfer fees and introductory APR lengths?

Understanding 0% Balance Transfer cards

A 0% balance transfer credit card allows you to move debt from high-interest credit cards to a new card with a promotional 0% APR (Annual Percentage Rate). This can save you significant money on interest charges and help you pay down your debt faster.Key terms to understand include:

Balance Transfer Fee: Typically 3-5% of the amount transferred. Factor this into your calculations to ensure savings.

Promotional Period: the length of time you’ll enjoy the 0% APR. Common periods are 12, 18, or 24 months.

Regular APR: The interest rate that will apply after the promotional period ends.

Credit Score Requirements: Most 0% balance transfer cards require good to excellent credit.

This Week’s Top 0% Balance Transfer Offers (July 9,2025)

Here’s a breakdown of some of the best 0% balance transfer credit card offers available as of today,July 9,2025. Note: offers change frequently, so verify details on the issuer’s website.

1. Citi Double Cash Card

0% Intro APR: 0% for 18 months on balance transfers.

Balance transfer Fee: 5% of the amount transferred (minimum $5).

Regular APR: 19.99% – 29.99% Variable.

Why its good: Earns 2% cash back on all purchases – 1% when you buy, and 1% when you pay. A solid choice if you also want rewards alongside debt consolidation.

Credit Score: good to Excellent.

2. Wells Fargo Reflect® Card

0% Intro APR: 0% for 21 months on balance transfers.

Balance Transfer Fee: 5% of the amount transferred (minimum $5).

regular APR: 18.99% – 29.99% Variable.

Why it’s good: Offers one of the longest 0% intro APR periods currently available.Also allows you to choose your own payment due date.

Credit Score: Good to Excellent.

3. U.S. Bank Visa® Platinum Card

0% Intro APR: 0% for 20 months on balance transfers.

Balance Transfer Fee: 3% of the amount transferred (minimum $5).

Regular APR: 17.99% – 24.99% variable.

Why it’s good: Lower balance transfer fee compared to many competitors. A good option for larger balance transfers.

Credit Score: Good to Excellent.

4. Discover it® Balance Transfer

0% Intro APR: 0% for 18 months on balance transfers.

Balance Transfer Fee: 3% of the amount transferred (minimum $5).

Regular APR: 26.99% Variable.

Why it’s good: Discover often offers a Cashback Match™ – they’ll match all the cash back you’ve earned at the end of your first year.

Credit Score: Good to excellent.

Calculating Your Savings: A Balance Transfer Exmaple

Let’s say you have $5,000 in debt on a credit card with a 20% APR. You transfer that balance to a card with a 0% APR for 18 months and a 3% balance transfer fee.

Balance Transfer Fee: $5,000 x 0.03 = $150

Total Initial Debt: $5,000 + $150 = $5,150

If you make minimum payments on your current card, it could take years to pay off the debt and you’d pay hundreds, if not thousands, in interest. With the 0% balance transfer, you have 18 months to pay down the $5,150 without accruing any interest.

Choosing the Right Card: key Considerations

Balance Transfer Fee vs. Intro APR Length: A higher fee might be worth it for a longer 0% APR period, especially for larger balances.

Your Credit score: Check your credit report