24 month 0% balance transfer credit cards

Pay off your debt interest-free over 2 years with one of these 0% balance transfer credit card offers.

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If you're struggling to pay off credit card debt, moving the balance to a card that offer 0% p.a. interest for 24 months or more could help you save on interest charges and pay it off faster.

Use this guide to compare balance transfer credit cards that offer 0% p.a. for 2 years or more and learn how this process works. You can also see how much you could save on interest charges by entering the amount of debt you want to transfer and your current interest rate at the top of the comparison table.

Citi Credit Card Balance Transfer Offer

Citi Rewards Platinum Credit Card - Balance Transfer Offer

0% p.a. for 26 months on balance transfers
with a one-time 1.5% balance transfer fee

Offer ends 30 November 2019

Eligibility criteria, terms and conditions, fees and charges apply

Citi Credit Card Balance Transfer Offer

Save on credit card costs with a $0 first year annual fee and 26-month balance transfer offer. Plus, Citi reward Points and complimentary travel insurance perks.

  • $0 p.a. annual fee for the first year ($199 p.a. thereafter).
  • 20.99% p.a. on purchases
  • 0% p.a. for 26 months with 1.5% BT fee on balance transfers
  • Cash advance rate of 21.74% p.a.
  • Up to 55 days interest free
  • Minimum income requirement of $35,000 p.a.
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Compare credit cards with 0% p.a. on balance transfers for 24 months or more

Rates last updated September 22nd, 2019
% p.a.

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Name Product Balance transfer rate Purchase rate (p.a.) Annual fee Amount Saved Product Description
Citi Rewards Platinum Credit Card - Balance Transfer Offer
0% p.a. for 26 months with 1.5% balance transfer fee
20.99% p.a.
$0 p.a. annual fee for the first year ($199 p.a. thereafter)
Earn reward Points per $1 spent, take advantage of a 0% p.a. for 26 month balance transfer offer, plus $0 first year annual fee.

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How balance transfers work in 60 seconds

What is a 24-month balance transfer credit card?

These cards let you transfer a balance from an existing credit card (or cards) to a new card with a long, introductory 0% p.a. interest rate. At the end of the introductory period, any unpaid debt from the balance transfer is charged interest at a higher, standard rate.

Making payments on a balance transfer credit card

Even if a balance transfer credit card offers 0% p.a. interest, you'll still need to pay at least the minimum amount posted on your statement by the due date. If you want to pay off your debt before the introductory period ends, you'll also need to pay more than the minimum amount each month.

Pros and cons of a 24-month balance transfer credit card


  • Save on interest. The savings you'll make from paying no interest for 24 months or more can help you pay off your debt faster.
  • Long repayment period. Balance transfers generally last between 6 and 24 months, so this is one of the longest repayment period available for low balance transfer offers. As long as you understand how much you need to repay each month, it should be a generous time frame to repay any existing loans before the interest applies.


  • Standard rate applies to new purchases. Avoid buying new items using this credit card because the standard rate applies. As your repayments go to the debt that's collecting the highest interest, you’ll be paying the interest for new purchases first. As interest-free days only apply if you're not carrying a balance, you won't be able to take advantage of these until you've completely repaid your debt.
  • High revert rates. The low or 0% interest rate is only in place for the introductory period, after which a much higher interest rate applies to any remaining balances.

What if I can pay off my credit card debt in less than 24 months?

If you've worked out that you can pay off your debt in less time, a balance transfer credit card that offers 0% p.a. for 24 months could give you a buffer in case unexpected costs arise. You may also want to compare other balance transfer cards with different features – such as no annual fee or one that also offers a 0% p.a. introductory purchase rate – so that you can find a card that offers the most value for your circumstances and goals.

Images: Shutterstock

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6 Responses

  1. Default Gravatar
    LeanneOctober 4, 2017

    l have $9000 owing on a card with not a great credit rating, lm wondering if this would effect a balance transfer as another step in getting my money under control? l am making my payments but interest just eats it up.

    • Default Gravatar
      GruOctober 5, 2017

      Hello Leanne,

      Thank you for your query.

      Yes, you may apply for another credit card offering balance transfer options.
      In that way, you can pay-off your debt while not being charged additional interest for the duration of he promotional period.

      To give you peace of mind, you may decide to directly contact the provider you have in mind.


  2. Default Gravatar
    sandyJuly 6, 2017

    I have a balance of $16,000 credit card owing. Am I able to transfer into another card at another bank, as my bank don’t do balance transfer? If so what are the criteria?

    • Default Gravatar
      JonathanJuly 9, 2017

      Hello Sandy!

      Thanks for the comment! :)

      You may check this page for our balance transfer cards from different lenders. Basic requirements would be Australian residence, of legal age, good credit standing and meets income requirement (please refer to this page). But this may vary per lender especially the income, so please look for this information immediately upon application.

      Hope this helps.


  3. Default Gravatar
    RosNovember 30, 2015

    my partner and I have 3 credit cards between us, we want to combine all 3 into 1 can this be done?

Credit Cards Comparison

Rates last updated September 22nd, 2019
Name Product Purchase rate (p.a.) Balance transfer rate Annual fee Product Description
Citi Clear Platinum Credit Card
12.99% p.a.
0% p.a. for 14 months
$0 p.a. annual fee for the first year ($99 p.a. thereafter)
Offers a long-term balance transfer and $0 first year annual fee. Plus, insurance covers and Citibank Dining Program perks. Ends 30 September 2019.
Virgin Australia Velocity Flyer Card - Annual Fee Offer
20.74% p.a.
0% p.a. for 18 months
$50 p.a.
Save with an ongoing $50 annual fee and 0% balance transfer offer. Plus, the ability to earn up to 30,000 bonus Velocity Points in the first 3 months.
NAB Qantas Rewards Signature Card
19.99% p.a.
0% p.a. for 6 months with 2% balance transfer fee
$295 p.a. annual fee for the first year ($395 p.a. thereafter)
Collect up to 120,000 bonus Qantas Points. Get 90,000 when you spend $3,000 on eligible purchases in the first 60 days and 30,000 after 12 months.
Latitude Low Rate Mastercard
11.99% p.a.
$69 p.a.
Offers a competitively low interest rate and annual fee, plus up to 55 interest-free days on purchases.

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* The credit card offers compared on this page are chosen from a range of credit cards finder.com.au has access to track details from and is not representative of all the products available in the market. Products are displayed in no particular order or ranking. The use of terms 'Best' and 'Top' are not product ratings and are subject to our disclaimer. You should consider seeking independent financial advice and consider your own personal financial circumstances when comparing cards.

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