Best 0 APR Balance Transfer Business Credit Cards
Looking for ways to save money on your business credit card debt? A 0 APR balance transfer credit card can be a great option. These cards allow you to transfer your existing balance from another card to the new one with no interest charges for a set period of time, giving you a chance to pay down the debt without accruing more interest.
Here are some factors to consider when choosing a 0 APR balance transfer credit card:
- APR: The annual percentage rate (APR) is the interest rate you'll pay on your balance after the introductory period ends.
- Introductory Period: This is the amount of time you have to pay down your balance without incurring interest.
- Balance Transfer Fee: Many cards charge a fee for transferring your balance. This fee is usually a percentage of the amount transferred.
- Other Benefits: Some cards offer other benefits such as rewards, travel insurance, or purchase protection.
Here are some of the best 0 APR balance transfer business credit cards available:
Cards with Excellent Introductory Periods:
- Chase Ink Business Preferred Credit Card: This card offers a 0% introductory APR for 18 months on balance transfers, along with a generous rewards program.
- U.S. Bank Business Leverage Visa Signature Card: This card offers 0% introductory APR for 18 months on balance transfers, along with a travel rewards program.
Cards with Low or No Balance Transfer Fees:
- Capital One Spark Cash for Business: This card offers 0% introductory APR for 12 months on balance transfers and no balance transfer fee. You also earn 2% cash back on all purchases.
- Brex Corporate Card: Brex offers various card options with 0% introductory APR for 18 months on balance transfers and no balance transfer fee. They are known for their great rewards program and other business-focused features.
Before you apply for a 0 APR balance transfer card:
- Check your credit score. You will need good credit to be approved for these cards.
- Compare offers. Be sure to compare offers from different issuers to find the best APR, introductory period, and balance transfer fee.
- Read the terms and conditions. Make sure you understand all the fees and charges associated with the card.
Using a 0 APR balance transfer card can be a great way to save money on your business credit card debt. Just make sure you choose the right card and use it responsibly.
