The easiest balance transfer credit card to get approved for is the Citi Double Cash Card because you only need fair credit to qualify. The Citi Double Cash Card also offers an introductory balance transfer APR of 0% for 18 months.
The card has a regular APR of 19.24% - 29.24% (V) and a transfer fee of 3% intro fee ($5 min) for each transfer in first 4 months, after that 5% ($5 min) for each transfer. Easy approval balance transfer credit cards typically don’t measure up to the best balance transfer credit cardsin terms of interest rates and fees, but this offer comes close thanks to its introductory promotion.
Best Easy Approval Balance Transfer Credit Cards
- Citi Double Cash® Card: Best for Fair Credit
- KeyPoint Credit Union Visa Classic Credit Card: Best for People in California
- TDECU Classic Mastercard®: Best for People in Texas
- Tompkins Community Bank College Rewards Visa® Credit Card: Best for Students
Easy approval generally means being able to qualify for a credit card with fair, bad, or limited credit. However, balance transfer credit card options are limited for people in those credit-score tiers, so a balance transfer might not make financial sense as a result. The point of a balance transfer is to get a lower interest rate and pay off existing debt faster. It’s unlikely you’ll be offered a low enough rate until you have good credit or better, unless you qualify for membership with the right credit union.
You cancheck your latest credit score for free on WalletHubto see where you stand. If you discover that you have less-than-good credit, you might want to consider getting asecured credit cardinstead. Using such a card responsibly will help you build a good enough credit score to easily get approved for a great balance transfer credit card in the future.
This answer was last updated on 01/29/24 and it was first published on 02/26/21. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.
FAQs
Not only is this a solid card—it's one of the few balance transfer options available to those with fair credit. The Citi Double Cash offers new cardholders a 0% intro APR on balance transfers for 18 months. After that, the standard variable APR will be 19.24% – 29.24%, based on creditworthiness.
What balance transfer card is the easiest to get approved for? ›
Not only is this a solid card—it's one of the few balance transfer options available to those with fair credit. The Citi Double Cash offers new cardholders a 0% intro APR on balance transfers for 18 months. After that, the standard variable APR will be 19.24% – 29.24%, based on creditworthiness.
What is the easiest credit card to get approved for? ›
Secured credit cards and those designed for individuals with poor or limited credit are typically the easiest to get approved for. Cards such as the OpenSky® Secured Visa® and the Capital One Platinum Secured Credit Card are good examples.
What credit score do you need to get a balance transfer card? ›
Balance transfer credit cards typically require good credit or excellent credit (scores 670 and greater) in order to qualify.
What credit card will approve you no matter what? ›
First Progress Platinum Elite Secured Mastercard: The First Progress Platinum Elite Secured Mastercard requires no credit history or minimum credit score for approval. Your security deposit is refundable, and the card is accepted nationwide.
Why am I getting denied for balance transfer cards? ›
You may be approved for a card but denied a balance transfer if your credit limit is too low, you waited too long to request a balance transfer after opening your account or you're trying to transfer a balance from one card to another with the same issuer.
What credit score do you need for Discover balance transfer card? ›
The Discover it Balance Transfer card is for consumers with a FICO credit score in the good to excellent range. This means your credit score will need to be between 670 and 850 to qualify for this card.
What is the easiest Bank to get approved for? ›
- Key takeaways.
- What are the easiest bank accounts to open online?
- Discover: Best for getting cash back on purchases.
- SoFi Checking and Savings: Best for high APY.
- U.S. Bank: Best mobile app.
- Truist: Best for no overdraft fees.
- Bank of America: Best for flexible banking.
- Chime®: Best for bad credit.
Some of the easiest unsecured cards to get approved for are the Indigo® Mastercard®, Mission Lane Visa® Credit Card and Milestone® Mastercard®. While these cards are geared toward people with bad credit and have easy approval odds, they tend to charge high fees and interest, which can make building credit costly.
What is the easiest Citi card to get approved for? ›
The Citi® Secured Mastercard® is the easiest Citi credit card to get because it's the only Citi card that will accept applicants with limited credit (less than 3 years of credit history). The Citi Secured card requires a $200 refundable security deposit, but it has a $0 annual fee.
The Citi Simplicity credit score requirement is good credit or better. That means a credit score of 700 or higher is needed to have good odds of getting approved for Citi Simplicity.
How to get approved for credit card balance transfer? ›
Qualifying for a top-rated balance transfer credit card is generally easier if you have a good credit score, which means a FICO score of at least 670. You might still be able to open a balance transfer credit card with a credit score below 670, but it may come with a shorter intro APR period.
How easy is it to get a balance transfer credit card? ›
Request the balance transfer
You can usually do a balance transfer over the phone or online. You'll need to provide account numbers of your old cards and tell your new provider how much of your balance you want to transfer (there may sometimes be a credit limit on how much you can transfer, so again, check the T&Cs).
Which bank approves a credit card easily? ›
The Discover it® Secured Credit Card is our top pick for easiest credit card to get because it's geared toward those with limited / poor credit. It offers great rewards and charges a $0 annual fee. Plus, Discover will conduct monthly account reviews after seven months to see if you qualify to get your deposit refunded.
What are the easiest credit cards to get approved for? ›
Easiest credit cards to get approved for
- Best for no credit: Petal® 2 “Cash Back, No Fees” Visa® Credit Card.
- Best for cash back: U.S. Bank Cash+® Visa® Secured Card.
- Best for small businesses: Bank of America Business Advantage Unlimited Cash Rewards Secured credit card.
- Best for Chase customers: Chase Freedom Rise℠
Select issuers, including American Express, provide instant credit card numbers to eligible card members immediately upon approval. This allows you to shop online and take immediate advantage of card benefits, instead of waiting for a physical card to arrive in the mail.
Can I get a balance transfer card with no job? ›
If you're unemployed and have bad credit, applying for a debt consolidation loan or balance transfer credit card may not be a good option for you since you may not qualify and, if you do, you may get stuck with high interest rates.
Is there a catch to balance transfer cards? ›
Applying for a balance transfer card will likely result in a hard inquiry on your credit reports. This could cause your credit scores to drop by a few points. But it could also increase your available credit and lower your credit utilization, which could have a positive impact on your credit scores.
What is the best balance transfer card for fair credit rating? ›
Citi Double Cash® Card*: Best balance transfer card for fair credit.
