COMPLETE LIST OF EDITORIAL PICKS: BEST CORPORATE CREDIT CARDS FOR BALANCE TRANSFERS
0% introductory APR on purchases for 18 billing cycles and 0% introductory APR on balance transfers for 18 billing cycles, then ongoing APR from 15.74% to 24.74% variable APR
The introductory period of the 0% APR on the US Bank Corporate Platinum Card is much longer than what you’ll find on competing cards, and it applies to balance transfer and new purchases. The balance transfer fee — “Either 3% of the amount of each transfer or $5 minimum, whichever is greater– is also low-end. Main drawbacks of the card: no ongoing benefits or rewards and a 3% foreign transaction fee, making it a poor choice for spending abroad .
0% introductory APR on purchases for 15 billing cycles and 0% introductory APR on balance transfers for 15 billing cycles, then ongoing APR from 17.74% to 26.74% variable APR
The US Bank Business Triple Cash Rewards World Elite Mastercard® is a triple threat balance transfer card, with a long period of 0%, a generous sign-up bonus ($500) and great cash rewards. New cardholders receive 0% introductory APR on purchases for 15 billing cycles and 0% introductory APR on balance transfers for 15 billing cycles, then ongoing APR from 17.74% to 26.74% variable APR. Earn 3% cash back on eligible purchases at gas stations, office supply stores, cell phone service providers and restaurants. Earn 1% cash back on all other qualifying net purchases.
PNC Visa® Business Credit Card
0% APR for 13 billing cycles on balances transferred within 90 days, then a continuous variable APR of 11.49% to 21.49% (at the time of this writing)
Most balance transfer cards give you 30 days to transfer your debt, but the PNC Visa Business card offers a 90-day window, providing more leeway to plan a debt repayment strategy. The PNC Visa Business card doesn’t offer many bells and whistles beyond that, so consider it only for paying off existing debt.
Introductory APR of 0% for 21 months on balance transfers and 12 months on purchases, then ongoing APR of 17.74% to 28.49% variable APR
Personal credit cards tend to offer more generous balance transfer options and can be a great option for sole proprietors and business owners without employees. Take into account Citi Simplicity® Cardwho offers Introductory APR of 0% for 21 months on balance transfers and 12 months on purchases, then ongoing APR of 17.74% to 28.49% variable APR. The APR clock starts ticking when you make your first transfer, so if you’re planning on consolidating multiple debts onto a single card, it’s best to move them all at once. In addition to a long APR window, the Citi Simplicity® Card has a $0 annual fees and no late fees or penalty rates.