3 Best Credit Cards for Paying Off DebtUpdated: Oct. 11, 2018

Are you carrying debt on a credit card? Did you know there’s a way for you to rid yourself of that debt without paying an arm and leg in interest? By opening a card with a long 0% intro APR on balance transfers and transferring your balance over to the new card, you can pay off your debt without paying a dime of interest. Just make sure the balance is paid off before the 0% intro APR expires to completely avoid any interest charges. Picking the right card for your balance transfer isn’t always easy, but if you keep reading, you can see our picks for the 3 best credit cards for paying off debt.

Citi Simplicity Card – No Late Fees Ever

3 Best Credit Cards for Paying Off DebtWant a card with the longest 0% intro APR period on balance transfers? If so, the Citi Simplicity Card – No Late Fees Ever (a NextAdvisor advertiser) is the card for you. Cardholders will get a whopping 21-month 0% intro APR on balance transfers! The Simplicity Card has a higher balance transfer fee of 5% (with a $5 minimum), but the ultra long 0% intro APR may be worth paying a higher fee. Cardholders will also receive a 12-month 0% intro APR on purchases. Other perks of the Citi Simplicity Card, a card that’s available to those with good to excellent credit (often considered a credit score of 700 or higher), include no annual fee, no late fees and no penalty APR, along with free monthly updates to your FICO credit score and the ability to select your own due date.

Discover it Cash Back

3 Best Credit Cards for Paying Off DebtThe Discover it Cash Back card is our top pick for a number of reasons. First, it offers a 14-month 0% intro APR on purchases and balance transfers (after that, the go-to rate applies), giving you ample time to pay down any debts you transfer or purchases you make with the card. The card charges a 3% balance transfer fee, but this one-time fee is likely a lot lower than the ongoing interest you’re paying on your current credit card. Next, the card is available to those with average to excellent credit (usually considered a credit score of 670 or higher), unlike the other two cards in this post that are available to those with good to excellent credit (a credit score of 700 or higher). Finally, the card earns some stellar cash back rewards, which means it’s a card you’ll want to keep in your wallet even after the 0% intro APR expires. You’ll earn 5% cash back on rotating categories each quarter you activate (up to the quarterly maximum, currently $1,500, then it’s 1% back) as well as 1% on all other purchases. The rotating categories allow you to earn cash back on a number of purchases, meaning you won’t be stuck in set categories. For example, 2018’s categories include gas stations and wholesale clubs from January to March, grocery stores from April to June, restaurants from July to September as well as Amazon.com and wholesale clubs from October to December. What’s more, Discover it Cash Back offers a special bonus to new cardholders: at the end of your first year as a cardholder, Discover will match all of the cash back you’ve earned in that year. For example, if you earn $300 cash back in your first year as a cardholder, Discover will match that $300 to give you a total of $600 back! On top of all of that, the Discover it Cash Back card has no annual fee, charges no foreign transaction fees and provides cardholders with a number of added perks, including free identity theft alerts, free FICO credit scores and more.

Wells Fargo Platinum Visa Card

3 Best Credit Cards for Paying Off DebtPrefer a card with a long 0% intro APR, no annual fee and a unique added perk? If so, you’ll want the Wells Fargo Platinum Visa Card in your pocket. That’s because the card not only offers an 18-month 0% intro APR on balance transfers made within the first 120 days, but it also has a reasonable 3% intro balance transfer fees for the first 18 months, then it’s 5%. Cardholders will also appreciate that the 18-month 0% intro APR also applies to purchases. This card also has no annual fee, provides cardholders with free FICO scores and is available to those with good to excellent credit (usually considered a credit score of 700 or higher). On top of that, cardholders who use their Wells Fargo Platinum Visa Card to pay their monthly cell phone bill will receive up to $600 in mobile protection against covered damage and theft (with a $25 deductible per claim and a maximum of 2 claims per year).

If you’re carrying debt, it often feels like you’re trapped with no way out of paying your high interest. Luckily, by opting for one of the cards noted in this post, you can pay off your debt interest free! Visit our reviews of the best low APR credit cards to see how the three cards listed in this post compare to others on the market.

Disclaimer: This content is not provided or commissioned by the credit card issuer. Opinions expressed here are author’s alone, not those of the credit card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer. This content was accurate at the time of this post, but card terms and conditions may change at any time. This site may be compensated through the credit card issuer Affiliate Program.