Getting a balance
transfer credit card with rewards can be a good idea if you have a plan to pay off the entire transferred balance within the promotional period.
Balance
transfer credit cards with rewards offer a number of features, and while these can vary from card to card, the following should give you an idea of what to expect:
Not exact matches
Capital One ® Quicksilver ® Cash
Rewards Credit Card comes
with an introductory 0 % APR for the first 9 months on both purchases and balance
transfers.
With RateSupermarket.ca's
credit cards comparison, you can compare and easily access the best low interest
credit cards,
rewards credit cards, no fee
credit cards, and low balance
transfer credit cards in Canada.
Many general
rewards credit cards offer redemption in the form of
transferring points or miles to the loyalty program they are partners
with.
Other
credit cards like travel
credit cards, balance
transfer cards and
reward credit cards may come
with bonus, benefits and other packages.
To learn more about other
credit cards that come
with a
rewards program, check out our guide to balance
transfer rewards credit cards.
There are now several different
credit card reward programs that let you
transfer your
rewards to frequent flyer miles
with the airlines or hotel points.
On the other hand, Membership
Rewards points you earn
with the Blue
credit card from Amex can be
transferred to a number of different travel airlines and hotels, used as statement
credit, and exchanged for gift
cards.
Fortunately, the task is made easier
with the ability to search, shop and compare on
credit cards of all types including secured, balance
transfer,
rewards, cash back, hotel, airline, and starter
credit cards.
The Bank Americard Cash
Rewards ™
Credit Card starts out
with a twelve - month introductory APR of 0 % for both balance
transfers and regular purchases.
The Chase Sapphire Preferred ®
Card is a top tier travel rewards credit card, that also provides users with the ability to transfer its rewards to IHG ® (and many other progra
Card is a top tier travel
rewards credit card, that also provides users with the ability to transfer its rewards to IHG ® (and many other progra
card, that also provides users
with the ability to
transfer its
rewards to IHG ® (and many other programs).
With that information, you can then
transfer points from a transferable program such as Ultimate
Rewards or Membership
Rewards, or use a co-branded
credit card to make a purchase.
There are several options to earn True Blue points
with credit cards, but both Membership
Rewards and ThankYou Points
transfer at a subpar 1:0.8 ratio.
There are better balance
transfer credit cards out there, like the Chase Slate ®, but those frequently don't come
with any
reward program mixed in.
Many general
rewards credit cards offer redemption in the form of
transferring points or miles to the loyalty program they are partners
with.
The Capital One Journey Student
Rewards card is a good
card for students
with average
credit, but they do not offer balance
transfers.
Let's look at how
transferring a balance using the Chase Slate ®
credit card might work through an example
with the Barclays Arrival Plus ® World Elite Mastercard ®, one of our better travel
rewards credit cards.
The best balance
transfer credit cards offer longer 0 % APR periods and some even waive the 3 %
transfer fee you'd have to pay
with the PenFed Power Cash
Rewards.
Unfortunately, this also means that you can't
transfer miles like you can
with some other travel
rewards credit cards.
The Chase Freedom is a cashback
rewards credit card with a 0 % intro APR on balance
transfers and purchases for the first 15 billing cycles — the same as Chase Slate ®'s offering.
A
rewards card with a 0 % introductory APR for balance
transfers — like several on our list above —
with responsible use by you can help you make headway faster in paying down your
credit card debt.
While the IHG ®
Rewards Club Traveler
Credit Card's points are really only good when used for hotel nights, the Starpoints that the Starwood Preferred Guest ®
Credit Card from American Express earns can be
transferred 1:1
with a number of leading airline loyalty programs including British Airways, Alaska Airlines and Delta Air Lines.
This intro period, combined
with the balance
transfer intro period and
rewards program make The Amex EveryDay ®
Credit Card from American Express a unique offering where cardholders have the option to transfer a balance, pay off a large purchase, and earn rewards on new purchases — all with one c
Card from American Express a unique offering where cardholders have the option to
transfer a balance, pay off a large purchase, and earn
rewards on new purchases — all
with one
cardcard.
If you wish to combine points from a business
credit card or business lines of
credit rewards account with points from a related consumer credit rewards account, you can initiate a points transfer request on the rewards website or you can contact the Business Rewards Service Center at 1-800-213-3365 for assistance with this points transfer p
rewards account
with points from a related consumer
credit rewards account, you can initiate a points transfer request on the rewards website or you can contact the Business Rewards Service Center at 1-800-213-3365 for assistance with this points transfer p
rewards account, you can initiate a points
transfer request on the
rewards website or you can contact the Business Rewards Service Center at 1-800-213-3365 for assistance with this points transfer p
rewards website or you can contact the Business
Rewards Service Center at 1-800-213-3365 for assistance with this points transfer p
Rewards Service Center at 1-800-213-3365 for assistance
with this points
transfer process.
The HSBC Advance MasterCard
Credit Card is designed for HSBC Advance or Premier clients
with 2X
Rewards Program Points on dining and select entertainment purchases and a 0 % introductory APR on purchases and balance
transfers for the first 12 months.
Bottom Line: The Amex EveryDay ®
Credit Card from American Express is a no - brainer: earn over $ 680 in value for
transferring your points to travel partners
with American Express Membership
Rewards if you spend at the level of the Kennedys.
Earn Delta miles
with the Delta Gold SkyMiles Business
Credit Card from American Express card or book directly through Korean airlines using points transferred to Korean from your Chase Sapphire Preferred Ultimate Rewards acco
Card from American Express
card or book directly through Korean airlines using points transferred to Korean from your Chase Sapphire Preferred Ultimate Rewards acco
card or book directly through Korean airlines using points
transferred to Korean from your Chase Sapphire Preferred Ultimate
Rewards account.
Credit cards with low rates on balance
transfers, no annual fees and great
rewards!
You can also
transfer points from American Express Membership
Rewards earned
with The Amex EveryDay ®
Credit Card from American Express, the Premier
Rewards Gold
Card from American Express and The Platinum
Card ® from American Express.
With its cash back
rewards, balance
transfer offers and no annual or overlimit fees, Discover has a solid
credit card offering.
This excellent
credit card from BarclayCard ® is less known for its high
credit limits than it is its excellent
rewards; this
card rewards members
with a $ 50 statement
credit after a cardholder's first purchase or balance
transfer.
With over 1,300 hotels and resorts, point
transfer to select frequent flyer programs, and point bonus for those
transfers, the Starwood Preferred Guest ® Business
Credit Card from American Express is one of our favorite travel
rewards cards on CreditDonkey for business owners.
Unfortunately,
with the Chase Freedom ®
credit card you can't
transfer its
reward points to airline or hotel partners.
The NASA
credit cards can be both a decent balance
transfer option for those struggling
with card debt and a good cash back
card for consumers who want
rewards.
Whether you need a long 0 % balance
transfer, a low rate
card for a new purchase, or you would just like to reap the savings
rewards that a new
credit card has to offer, we've teamed up
with Lovemoney.com, who have hunted down some of the best
credit card deals on the market today.
When you're comparing
rewards credit cards with balance
transfer offers, consider the following:
Additional cardholder (s), as well as cardholder (s)
with existing RBC Royal Bank travel
rewards credit cards, applying for or
transferring to an RBC Visa Infinite Avion
card as of the offer eligibility period, are not eligible for this offer.
After the Introductory Period, a variable Purchase APR of 14.49 %, 18.49 % or 24.49 %, depending on your creditworthiness, will apply to
credit card purchase balances; and a variable Balance
Transfer APR of 14.49 %, 18.49 % or 24.49 %, depending on your creditworthiness, will apply to balance
transfers and
credit card checks for the HSBC Platinum Mastercard ®
with Rewards credit card.
With RateSupermarket.ca's
credit cards comparison, you can compare and easily access the best low interest
credit cards,
rewards credit cards, no fee
credit cards, and low balance
transfer credit cards in Canada.
In addition to the co-branded Air Canada Aeroplan
card, you can earn miles by using
credit cards associated
with loyalty
transfer partners such as American Express Membership
Rewards, SPG, Hilton Honors, and more.
Best of all, you can earn Membership
Rewards points
with the following
credit cards and then
transfer them over to Aeroplan Miles too!
The American Express Membership
Rewards earned
with your Amex EveryDay ®
credit card can be
transferred to any of 17 airline partners, including popular brands like British Airways and Delta, most at a 1:1 rate.
Bottom Line: Any of the other American Express Membership
Rewards cards will combine nicely
with the Gold Delta SkyMiles ®
Credit Card from American Express, since Delta Air Lines is a
transfer partner.
If you have a Chase Ultimate
Rewards credit card that carries an annual fee like the Chase Sapphire Preferred Card you can transfer your points 1:1 at any time to your mile accounts with United, Southwest, British Airways, Hyatt, Virgin Atlantic, Marriott, IHG Hotels, and Korean Airli
card that carries an annual fee like the Chase Sapphire Preferred
Card you can transfer your points 1:1 at any time to your mile accounts with United, Southwest, British Airways, Hyatt, Virgin Atlantic, Marriott, IHG Hotels, and Korean Airli
Card you can
transfer your points 1:1 at any time to your mile accounts
with United, Southwest, British Airways, Hyatt, Virgin Atlantic, Marriott, IHG Hotels, and Korean Airlines.
What if you
transferred balances to a lucrative
credit cards with a
rewards program and promotional zero interest offer on purchases as well?
Earn more Chase Ultimate
Rewards points
with one of the following
credit cards, and then
transfer them to Ritz - Carlton
Rewards to accrue more points than ever!
You can also
transfer SPG Starpoints earned
with the Starwood Preferred Guest ®
Credit Card from American Express, or Chase Ultimate
Rewards points earned
with any of these:
Wells Fargo brings an array of
credit card offers to the market for differing cardholders needs, including those who want to earn unlimited cash
rewards or to pay off debt faster
with balance
transfer strategies.
The Discover it ® - 18 Month Balance
Transfer Offer
credit cards amps up the value for cardholders wanting to get out of debt faster
with a 0 % intro APR without sacrificing
rewards.