Save with a balance transfer credit card

Capital One balance transfer credit cards may help you save on interest and pay off debt.

Save with a balance transfer credit card

Capital One balance transfer credit cards may help you save on interest and pay off debt.

Which Capital One balance transfer credit card is best for you?

Balance transfer fee applies. See pricing and terms for details. 1

Quicksilver RewardsVentureOne RewardsSavorOne Rewards
QUICKSILVERVENTUREONESAVORONE
Rewards
Earn unlimited 1.5% cash back on every purchase, every dayEarn unlimited 1.25 miles per dollar on every purchase, plus 5 miles per dollar on hotels and rental cars booked through Capital One TravelEarn unlimited 3% cash back on dining, entertainment, popular streaming services and at grocery stores, plus 1% on all other purchases. 2 Earn 8% cash back on Capital One Entertainment purchases. 3
New Card Member Offer
Earn a one-time $200 cash bonus once you spend $500 on purchases within 3 months from account opening 4 Earn 20,000 bonus miles once you spend $500 on purchases within the first 3 months from account opening 4 Earn a one-time $200 cash bonus once you spend $500 on purchases within the first 3 months from account opening 4
Credit Level
EXCELLENT EXCELLENT EXCELLENT
Purchase Rate
0% intro APR for 15 months; 19.99% - 29.99% variable APR after that0% intro APR for 15 months; 19.99% - 29.99% variable APR after that0% intro APR for 15 months; 19.99% - 29.99% variable APR after that
Transfer Info
0% intro APR for 15 months; 19.99% - 29.99% variable APR after that; Balance transfer fee applies. See pricing and terms for details0% intro APR for 15 months; 19.99% - 29.99% variable APR after that; Balance transfer fee applies. See pricing and terms for details0% intro APR for 15 months; 19.99% - 29.99% variable APR after that; Balance transfer fee applies. See pricing and terms for details
Annual Fee
$0$0$0

What is a balance transfer?

A balance transfer lets you move unpaid debt—like credit card balances, personal loans, student loans and car loans—from one or more accounts to a new or different card. Balance transfers could come in handy for:

Is a balance transfer a good idea?

A balance transfer could make it easier to manage debt. But is it right for you? Here are a few things to consider:

You may have cardholder perks

A balance transfer card may offer perks—like 0% introductory APR or no annual fee—that could help you save big. Some cards even let you earn rewards in the form of cash back, miles and more.

You could improve your credit score

Simply transferring a balance to an existing card won’t affect your score. But using your card responsibly—by making on-time payments and paying down the balance—could help boost your credit score over time.

Your promotional rate could expire

If you choose a card with a promotional rate for transfers, keep in mind that the rate will go up when the promotional period expires. Make sure you know what the APR will be once the promotional rate expires, especially if you won’t pay off the balance in full during that time.

You could potentially face fees

You may be charged a fee for some balance transfers. Check the offer terms carefully.

Balance Transfer FAQs

A balance transfer lets you move debt from one or more accounts to another. Transferring high-interest debt to a credit card with a low or 0% introductory APR may help you consolidate payments, save on interest and pay off debt faster.

You could transfer balances from other credit cards, personal loans, student loans and auto loans. But you can't transfer a balance from one Capital One card to another card issued by Capital One or any of its affiliates or subsidiaries.

 

The total amount of your transfer, including any applicable fees, can’t exceed your card’s credit limit. You may find this information within your Balance Transfer offer.

You may typically request a balance transfer for a new or existing Capital One credit card online or over the phone. You may need to provide some information about the account you’d like to move the debt from and the amount you’d like to transfer.

It typically takes 3–14 days to complete a balance transfer to a Capital One card. That said, you may need to keep making payments on your existing balances until the transfer is complete.

With responsible use, a balance transfer could help you save on interest and pay off debt, which may improve your credit over time. But applying for a credit card may trigger a hard inquiry, which could cause a temporary drop in scores.

Applicants may need excellent credit to qualify for a balance transfer card with a low or 0% introductory APR. VantageScore® states that excellent credit scores range from 750 to 850.

You could still qualify for a balance transfer card even if your credit score falls outside of that range. Getting pre-approved could help you see which cards you’re eligible for before you apply.

Taking these steps could help you find the right card for you:

1. Decide which balances you want to transfer and note each account’s current interest rate and payment terms. 
2. Compare different cards, including the length of the introductory offer, the regular APR and any fees that come with each card. Some cards also offer perks—like cash back rewards or travel miles.
3. Getting pre-approved could help you see which cards you may qualify for before you apply. You could see results in as little as 60 seconds—and it won’t harm your credit score.
4. After you find the card that fits your needs, you can submit an application. You can typically do this step online. You may need to provide some basic details—like your full name, address, income and Social Security number. 
5. Once your application is approved and the balance transfer is complete, you could start working toward paying down your debt. 

When used responsibly, a balance transfer credit card may be a great tool for tackling high-interest debt. Thinking about transferring a balance? You could compare Capital One cards to learn more.