Bust debt now! The 5 best balance transfer deals this month
You can get 0% on your unpaid card debt for up to 24 months.
Credit card debt is easy to get into, hard to get out of. If you're struggling with your cards, a balance transfer offer can be a real lifeline.
The top balance transfer offers in August give you 0% interest for 12 to 24 months, giving you time to repay your debt without interest piling up on top.
Just keep an eye on annual card fees and balance transfer fees when comparing offers.
All Finder's balance transfer picks are based on their Finder Scores, an objective scoring system based on nothing but data.
1. Virgin Money Anytime Rewards Credit - Balance Transfer Offer
The Virgin Money Anytime Rewards Credit Card - Balance Transfer Offer has a Finder Score of .
You get 0% on your balance transfer for 24 months and a 1% balance transfer fee. That's about as good as it gets right now.
There's also a $149 annual fee.
2. Virgin Australia Velocity Flyer Card - Balance Transfer Offer
The Virgin Australia Velocity Flyer Card - Balance Transfer Offer has a Finder Score of .
This card has the same balance transfer deal as the Anytime Rewards card, which is 0% for 24 months and a 1% balance transfer fee.
And there's also a $149 annual fee.The main difference with this card is you can earn Velocity Points on your spending (but if paying off debt is your focus, don't worry too much about earning points).
Want more options?
Check out balance transfer offers from across the market.
3. Heritage Bank Gold Low Rate Credit Card
The Heritage Bank Gold Low Rate Credit Card has a Finder Score of 9.73.
This card gives you 0% for 12 months, with no balance transfer fee and no annual fee.
So while you only get 1 year to pay off your balance, you can do it very cheaply.
4. Community First Low Rate Credit Card
The Community First Low Rate Credit Card has a Finder Score of 9.69.
With this card you can also get 0% for 12 months with no balance transfer fee. And the annual fee is just $50.
The Easy Street Low Rate Visa credit card has the same balance transfer offer and the same Finder Score.
5. Beyond Bank Low Rate Visa Credit Card
The Beyond Bank Low Rate Visa Credit Card has a Finder Score of 9.64.
This card also offers a 0% balance transfer for 12 months with no fee for doing so. There's just a $59 annual fee.
Details of these cards are correct at time of publication and subject to change. All these cards were identified as the "best" cards using the Finder Score, a data-driven methodology that considers rates, fees and card features.
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