Chances are, if you’re paying more than 0% interest on your credit card debt, you’re paying too much. All the cards below come with 0% balance transfer offers for at least 6 months (and sometimes up to 15 months), giving you a nice little reprieve to pay down your principal.

Our Favorite:

Discover More Card

Why we like it:

- 0% Intro APR for 12 months on Purchases and Balance Transfers
- 5% Cashback Bonus® in categories like travel, home, gas, restaurants, movies and more
- 5% to 20% Cashback Bonus at top retailers through our exclusive online shopping site
- Up to 1% Cashback Bonus on all other purchases automatically

Apply here

Runner Up:

Advanta Platinum BusinessCard with Unlimited Rewards

Why we like it:

- 0% APR for 15 Months on Balance Transfers, 7.99% Fixed APR thereafter*
- 7.99% Variable APR (based on Prime) on Purchases
- NEW! Unlimited Rewards*
- No Annual Fee and No Limit on the points you can earn
- Get employee cards with no fee and set monthly spending limits per user
- $0 Fraud Liability
- Personalized card – your company name on the top of the card

*See Terms & Conditions for important information, benefits and limitations

Apply here

Other great 0% Balance Transfer credit cards:

• Chase Business Rebate Card
• Miles by Discover® Card
• Blue Cash® from American Express (2.99% for 12 months)

Before you transfer your balance, remember the following things:

1. If you don’t change your spending habits, you’ll end up in an even worse situation when your intro rate expires. The bottom line is that if you carry a revolving balance on your credit card, you’re not using it properly. One of these offers can really help to get things back on track, but only if you use it responsibly and stop doing whatever caused you to rack up credit card debt in the first place. Failing to change your ways will almost inevitably land you in even more trouble 6-12 months down the road.

2. You still need to meet the minimum repayment requirements on the card. The whole 0% interest thing is a bit misleading, actually. While you don’t technically need to pay any interest on your balance, you still need to make minimum repayment requirements. This is usually between 2 and 4 percent of your outstanding balance, but it varies from card to card. Bottom line: keep an eye on your monthly statements!

3. Missing even a single payment could mean you forfeit the rest of your introductory period. Paying even a few hours late or a few dollars under the minimum and you could lose your 0% introductory rate for good (not to mention the fact that you wont be doing your credit rating any favours).

4. Keep making repayments on your old card(s) until you’re sure the balance transfer has gone through. It can take anywhere between a few days and a few months for your balance to be transferred from one card to another, during which time you’ll still need to make repayments on your ‘old’ card. Again, it’s important that you keep an eye on your statements to see exactly when the transfer goes through. If in doubt, call your bank.

5. Be date-aware. You’ll be surprised at how quickly your introductory rate comes and goes. Make sure you mark down a date in your diary a month before it expires. This will give you ample opportunity to budget for the increase in repayments, and time to attempt to move the balance to another 0% card if you so desire.

And finally,

6. Use your time wisely. Don’t waste this opportunity by taking it easy! You should be using it to pay down your debts even more agressively than usual. It’s worth coming up with a simple repayment plan detailing exactly how much you plan to repay and where you want to be by the time that 0% offer expires.

Related posts:

1. Balance Transfer Checks: A Breakdown
2. Discover® More(SM) Card increases it’s 0% Balance Transfer offer to 12 months
3. Credit Card Review: Discover® More(SM) Card
4. Credit Card Arbitrage (Pt. 2)
5. The Scoop On Balance Transfer or (In)Convenience Checks