The Top 2 Balance Transfer Promotions in 2019 are from Chase Slate and Bank of America

Both Chase Slate and BankAmericard are the two top balance transfer cards for 2019 because of the long zero APR introductory promotion they offer. If you owe a lot of money on high interest card, you can try applying for one of the two card and make use of the zero percent intro APR offer to avoid interest fees and quickly pay off your credit card debt.

Chase Slate offers 15 months of 0% introductory APR, after which you will be charged with a variable APR that can range from 15.99% – 24.74%. The balance transfer fee is 5% of the amount you transfer but they will charge you a minimum of $5 for the balance transfer fee. You can qualify for the balance transfer fee waive by transferring the balance within 60 days of the account opening.

Chase Slate does not have any annual membership fee and it also does not charge penalty APR that can cause your APR rate to increase when you are late in payment. Chase Slate credit card features zero liability, fraud protection and purchase protection. The purchase protection will cover your new purchases up to 120 days in case the product you just bought is damaged or stolen. You can get up to $500 compensation for each claim and $50,000 per account. To get approved for Chase Slate, you need to have a credit score that is in between 600 – 700.

BankAmericard also have a 15 months zero percent APR introductory offer and it also waive the balance transfer fee. These two bonuses are valid if you transfer the balance in the first 60 days. The balance transfer fee is 3% of the balance that you transfer and the minimum charges for the balance transfer fee is $10. The zero percent APR introductory offer will end after 15 months have passed from the account opening and you will be charged with a regular variable APR interest rate that is in the range of 12.99% – 22.99%.

Bank Americard does not have annual fee or penalty APR. If you have BankAmericard, you will get free access to your FICO score on your account. BankAmericard requires applicants to have a credit score that is slightly higher than the minimum credit score requirement of Chase Slate.

As you can see, both BankAmericard and Chase Slate credit cards are equally suitable for cardholders who want to eliminate their debt burden fast. After you get approved for the card, you must make a request to transfer the balance. To transfer the balance, you must provide two important information including the card number and amount that you want to transfer. The process of transferring your balance can take 1 week or slightly longer. Once the balance is transferred, you can start making repayment to clear off your debt.