Are there credit cards without balance transfer fees?

Question

ClearValue Editorial Team · Accepted Answer

Yes — some cards waive the balance transfer fee, either permanently or as a limited promotional window. When a no-fee offer is available you transfer at 0% cost versus the typical 3-5% fee, but no-fee offers are rarer than 0% APR promos and worth comparing carefully against the ongoing APR. Most balance transfer cards charge 3-5% of the amount (or a fixed minimum), disclosed in the Schumer Box — $150 on a $5,000 transfer at 3%, $250 at 5%. Two kinds of no-fee options exist: a small number of cards charge $0 for transfers as a standing feature (though these typically lack a 0% intro APR, so you start paying the purchase APR immediately but skip the upfront fee), and some issuers waive the fee on transfers made within the first 60-120 days of opening, after which the standard fee applies. The most common combination remains a 0% intro APR plus a 3-5% fee. Which saves more depends on your balance and payoff speed: a no-fee, non-0% card can win for a balance you'll clear fast, while a 0% promo with a fee often wins for a larger balance you'll carry across many months.