Business credit card balance transfer offers allow you to move a balance from one card to another with little-to-no transfer costs. The best of the bunch have up to 21 months of interest-free financing. Because these cards have extensive 0% APR periods, they offer a great way to pay off other high-interest credit cards.
The best business credit card balance transfer offers of 2020 are:
- U.S. Bank Business Platinum Card: (Best Overall) Best for 0% annual percentage rate (APR) on balance transfers and purchases for 20 billing cycles
- American Express Blue Business Cash™ Card: Best for fixed-rate cash back with no annual fee
- American Express Blue Business® Plus: Best for fixed-rate points and no annual fee
- Wells Fargo Business Platinum Credit Card: Best for cash back or points rewards option
- M&T Business Rewards Credit Card: Best for operating a business in Mortheastern states
- Huntington Voice Business Credit CardSM: Best for doing business in Midwestern states
- M&T Business Credit Card: Best for M&T Bank customers who don’t need rewards
- Citi Simplicity®: Best personal card for repaying your balance over a 21-month period
- Chase Slate®: Best for no-fee balance transfers
For more details on how we evaluated business credit cards for this list, see our methodology.
U.S. Bank Business Platinum Card: Overall Best Business Credit Card for Balance Transfers
U.S. Bank Business Platinum Card
Best For: Extended 0% APR period on purchases and balance transfers
| Intro APR ?0% APR for 20 billing cycles on purchases and balance transfers | Regular APR | Annual Fee | Credit Needed |
|---|---|---|---|
| 0%* | 9.99% - 17.99%* Variable | $0 | Excellent |
The U.S. Bank Business Platinum Card tops our list for the best business credit card balance transfer offer because of its very long 0% APR period. This is the ideal card to use for paying off your other credit card balances. After that, you’ll get one of the lowest ongoing APRs available on a business credit card.
U.S. Bank Business Platinum Card Costs
- Introductory APR: 0% APR on purchases and balance transfers for the first 20 billing cycles, which also makes it the best 0% APR business credit card
- Ongoing APR: 9.99% to 17.99% variable, which adjusts with the prime rate
- Balance transfer fee: $5 or 3% of the transfer, whichever is greater
- Annual fee: None
Compare these costs to the American Express Blue Business Cash™ Card.
U.S. Bank Business Platinum Card Rewards
The U.S. Bank Business Platinum Card offers no introductory or ongoing rewards. With no ongoing rewards, there isn’t much benefit to owning this card once you’ve paid off your balance unless you’re seeking a low ongoing APR that reduces interest charges on future balances.
American Express Blue Business CashTM Card: Best for Fixed-rate Cash Back With No Annual Fee
American Express Blue Business Cash™ Card
Best For: Earning 2% cash back every time you swipe and 0% introductory APR for 12 months
| Intro APR ?0% introductory APR for 12 months on purchases and balance transfers | Regular APR | Annual Fee | Credit Needed |
|---|---|---|---|
| 0% on purchases | 13.24% - 19.24% Variable | No annual fee | Good, Excellent |
Listed as one of the best 0% APR business credit cards, the American Express Blue Business Cash™ Card earns top-ranking for its generous 0% APR period and fixed-rate rewards. This card is proof that using a business balance transfer card doesn’t mean missing out on other great benefits. Even when transferring card debt is your priority, this card carries value long after you’ve paid down your balance.
American Express Blue Business Cash™ Card Costs
- Introductory APR: 0% for 12 months on purchases and balance transfers
- Ongoing APR: 13.24% to 19.24% variable, which adjusts with the prime rate
- Balance transfer fee: $5 or 3% of the transfer, whichever is greater
- Annual fee: None
Compare these costs to the U.S. Bank Business Platinum Card.
American Express Blue Business Cash™ Card Rewards
- 2% cash back on all purchases up to $50,000 each year
- 1% cash back on all additional purchases
Welcome offer: None
American Express Blue Business® Plus: Best for Fixed-rate Points & No Annual Fee
The Blue Business® Plus Credit Card from American Express
Best For: Pocketing 2x points per $1 and 0% introductory APR for 12 months
| Intro APR ?0% introductory APR for 12 months on purchases and balance transfers | Regular APR | Annual Fee | Credit Needed |
|---|---|---|---|
| 0% on purchases | 13.24% - 19.24% Variable | No annual fee | Good, Excellent |
For business owners who enjoy earning travel rewards, there’s American Express Blue Business® Plus. This card is another solid option for businesses that need to transfer balances and earn fixed-rate rewards on purchases. While this card is known for its long interest-free financing period, it also allows you to redeem rewards for travel, cash, and gift cards.
American Express Blue Business® Plus Costs
- Introductory APR: 0% for the first 12 months on balance transfers and purchases
- Ongoing APR: 13.24% to 19.24% variable, which adjusts with the prime rate
- Balance transfer fee: $5 or 3% of the transfer, whichever is greater
- Annual fee: None
Compare these costs to the U.S. Bank Business Platinum Card.
American Express Blue Business® Plus Rewards
- 2x points on all purchases up to $50,000 each year
- 1x points on all additional purchases
Welcome offer: None
Wells Fargo Business Platinum Credit Card: Best for Cash Back or Points Rewards Option
Wells Fargo Business Platinum Credit Card
Best For: Choosing cash-back or points rewards with no annual fee
| Intro APR ?0% APR for nine months on purchases and balance transfers | Regular APR | Annual Fee | Credit Needed |
|---|---|---|---|
| 0% | 12.74% - 22.74% Variable | $0 | Excellent |
The Wells Fargo Business Platinum Credit Card is a great fit for growing businesses that haven’t yet hit over $2 million in annual sales. Although this card offers a decent 0% APR period, business owners can easily consolidate debt and maximize card benefits. With this card, you can earn an introductory bonus large enough to act as a sizable discount on future purchases.
Wells Fargo Business Platinum Credit Card Costs
- Introductory APR: 0% APR for nine months on purchases and balance transfers
- Ongoing APR: 12.24% to 22.24% variable, which adjusts with the prime rate
- Balance transfer fee: Varies, based on the specific offer you receive
- Annual fee: None
Compare these costs to the U.S. Bank Business Platinum Card.
Wells Fargo Business Platinum Credit Card Rewards
With this card, you’ll be able to choose between cash backs or points rewards:
- 1.5% cash back for every $1 spent on purchases
- 1x points for every $1 spent on net purchases and 1,000 bonus points when your company spends $1,000 in any monthly billing period
Welcome offer: Earn $500 cash back when you spend $3,000 within the first three months or 50,000 points when you spend $3,000 within the first three months after account opening.
M&T Business Rewards Credit Card: Best for Operating a Business in Northeastern States
M&T Business Rewards Credit Card
Best For: Fixed-rate cash back rewards on all purchases
| Intro APR ?0% APR for 12 billing cycles on balance transfers and purchases | Regular APR | Annual Fee | Credit Needed |
|---|---|---|---|
| 0% | 13.74% - 20.74% Variable | $0 | Good - Excellent |
Business owners who live in Northeastern states are a great fit for the M&T Business Rewards Credit Card. This card offers the second-longest 0% APR period on our list, along with fixed-rate rewards on day-to-day business expenses. There are no online applications for this card, so you’ll need to apply at one of this bank’s branches, which are located in Connecticut, Delaware, Maryland, New Jersey, New York, Pennsylvania, Virginia, West Virginia, and Washington, D.C.
M&T Business Rewards Credit Card Costs
- Introductory APR: 0% APR for 12 billing cycles on balance transfers and purchases
- Ongoing APR: 13.74% to 20.74% variable, which adjusts with the prime rate
- Balance transfer fee: $10 or 4% of the transfer, whichever is greater
- Annual fee: None
Compare these costs to the Wells Fargo Business Platinum Credit Card.
M&T Business Rewards Credit Card Rewards
You’ll earn 1.5% cash back on all purchases.
Welcome offer: Earn 10,000 points after spending $500 on purchases within the first 90 days.
Huntington Voice Business Credit CardSM: Best for Doing Business in Midwestern States
Huntington National Bank Voice Business Credit Card℠
Best For: Earning up to 4% cash back on category spending
| Intro APR ?0% APR for 12 billing cycles on balance transfers completed within the first 90 days | Regular APR | Annual Fee | Credit Needed |
|---|---|---|---|
| N/A | 12.49% - 23.49% Variable | None | Good - Excellent |
The Huntington Voice Business Credit CardSM offers businesses in the Midwest an extensive 0% APR period and excellent rewards on bonus spending categories. You must apply for this regional credit card in-person at a Huntington branch. Branches are located in eight states: Illinois, Indiana, Kentucky, Michigan, Ohio, Pennsylvania, West Virginia, and Wisconsin.
Huntington Voice Business Credit CardSM Costs
- Introductory APR: 0% APR for 12 billing cycles on balance transfers completed within the first 90 days after account opening
- Ongoing APR: 11.99% to 22.99% variable, which adjusts with the prime rate
- Balance transfer fee: $10 or 3% of the transfer, whichever is greater
- Annual fee: None
Compare these costs to the M&T Business Rewards Credit Card.
Huntington Voice Business Credit CardSM Rewards
- 4% cash back on the first $7,000 spent each quarter on one spending category you choose from a list of 10 categories
- 1% cash back on all other purchases
Welcome offer: None
M&T Business Credit Card: Best for M&T Customers Who Don’t Need Rewards
M&T Business Credit Card
Best For: 0% APR on purchases and balances transfers
| Intro APR ?0% APR for 12 billing cycles on purchases and balance transfers | Regular APR | Annual Fee | Credit Needed |
|---|---|---|---|
| 0% | 11.74 -18.74% Variable | $0 | Good - Excellent |
Business owners who aren’t interested in rewards should consider the M&T Business Credit Card. First, this card has interest-free financing long enough to pay balances and save significantly on interest charges. However, you must apply at one of the bank’s branches located in Connecticut, Delaware, Maryland, New Jersey, New York, Pennsylvania, Virginia, West Virginia, and Washington, D.C.
M&T Business Credit Card Costs
- Introductory APR: 0% APR for 12 billing cycles on purchases and balance transfers
- Ongoing APR: 11.74% to 18.74% variable, which adjusts with the prime rate
- Balance transfer fee: $10 or 4% of the transfer, whichever is greater
- Annual fee: None
Compare these costs to the U.S. Bank Business Platinum Card.
M&T Business Credit Card Rewards
The M&T Business Credit Card does not offer ongoing rewards. This means once the introductory 0% APR period is over, this card doesn’t hold much value, which is why it ranks low on our list.
Citi Simplicity®: Best for Repaying Your Balance Over a 21-month Period
Citi Simplicity® Card
Best For: Startups who need a lengthy 0% APR period fund business expenses
| Intro APR ?0% for 12 months on purchases and 21 months for balance transfers | Regular APR | Annual Fee | Credit Needed |
|---|---|---|---|
| 0% for 12 months | 14.74% - 24.74% Variable | $0 | Good - Excellent |
Citi Simplicity® is a personal credit card that’s a great option for new businesses that need 0% APR for an extended repayment period—the longest available. Business owners who don’t mind using a personal credit card or can’t qualify for a business credit card can use this robust no-interest opportunity to pay off other high-interest business debts and expenses.
Citi Simplicity® Costs
- Introductory APR: 0% APR for 21 months for balance transfers and 12 months on purchases; all transfers must be completed within the first four months
- Ongoing APR: 14.74% to 24.74% variable, which adjusts with the prime rate
- Balance transfer fee: $5 or 5% of the transfer, whichever is greater
- Annual fee: None
Compare these costs to the U.S. Bank Business Platinum Card.
Citi Simplicity® Rewards
Unlike most traditional business credit cards, Citi Simplicity® doesn’t offer any introductory rewards or ongoing rewards. The only other cards on our list that don’t offer both of these are the U.S. Bank Business Platinum Card, the M&T Business Credit Card, and Chase Slate®.
Chase Slate®: Best for No Balance Transfer Fees
Best For: No-fee balance transfersChase Slate® credit card
Intro APR ?0% APR for 15 months on purchases and balance transfers Regular APR Annual Fee Credit Needed 0% for 15 months 16.49%–25.24% Variable $0 Good - Excellent
Although most of the best business credit card balance transfer offers include fees, the Chase Slate® card does not. This personal credit card is unique by offering excellent interest-free financing without any balance transfer fees. Use this card to pay off high-interest business credit cards and then graduate to a rewards business credit card after the 0% APR is over.
Chase Slate® Costs
- Introductory APR: 0% for 15 months on purchases and balance transfers
- Ongoing APR: 16.24% to 25.24% variable, which adjusts with the prime rate
- Balance transfer fee: None on transfers made within 60 days of account opening; after that, either $5 or 5% of the transfer, whichever is greater
- Annual fee: None
Compare these costs to the U.S. Bank Business Platinum Card.
Chase Slate® Rewards
Chase Slate® doesn’t offer any introductory or ongoing rewards. Although it offers a long 0% APR period, the main purpose of this card is to get out of debt as cheaply as possible.
Note: The information related to the Chase Slate® Credit Card has been collected by Fit Small Business and has not been reviewed or provided by the issuer of this card.
Pros & Cons of Best Business Credit Cards for Balance Transfers
Business credit card balance transfer offers help business owners move credit card balances to cards with lower interest rates. These business credit cards can help you save money on interest, consolidate your payments, and earn better rewards. However, low balance transfer interest rates don’t last forever.
Pros of Best Business Credit Cards for Balance Transfers
- Help reduce the amount of interest paid: Balance transfers can help you move balances from credit cards with higher interest rates to credit cards with lower interest rates. Plus, some of the best business credit cards offer introductory 0% APR periods on balance transfers.
- You can consolidate your credit card payments: You can combine multiple credit card balances by moving them over to a balance transfer business credit card. This allows you to focus on one credit card payment every month instead of making several payments for different credit cards.
- You can move your debt to a stronger credit card: In addition to transferring balances to cards with lower interest rates, this also allows you to choose a card with better rewards. Choosing a credit card with a strong rewards structure can provide more value beyond the business credit card balance transfer offer.
Cons of Best Business Credit Cards for Balance Transfers
- Require strong personal credit scores: To qualify for a balance transfer business credit card, it’s likely you will need a personal credit score of 670 or higher. If your credit score is below 670, you could use a business credit card for fair credit.
- Low balance transfer interest rates doesn’t last forever: Typically, the best business credit cards for balance transfers offer 0% APR for up to nine billing cycles. If you’re using a balance transfer card to help pay off debt, it’s important to have your balance paid down by the end of the promotional period to avoid interest charges.
- You may have to pay a balance transfer fee: Most business credit cards charge a small balance fee of between 3% and 5% of the transfer amount. Typically, card providers will set the balance transfer fee minimum to $5 or $10.
How We Evaluated the Best Balance Transfer Offers
To determine the best business credit card for balance transfers, we only considered business credit cards that offer an introductory 0% APR period on balance transfers. We also included two personal credit cards that can benefit business owners who can’t qualify for or who don’t want a small business credit card. See the methodology in detail.
Frequently Asked Questions (FAQs) About Business Credit Card Balance Transfers
We covered a lot of information about the best business credit cards for balance transfers. Some questions are asked more often than others, and we address those here. SEE THE QUESTIONS IN DETAIL.
Bottom Line
A balance transfer is an excellent way for business owners to move their credit card balances to a card that offers 0% APR. The best business credit cards for balance transfers offer introductory 0% APR periods up to 21 months. Using credit cards aren’t the only way to pay down debt, but it’s a lot easier with the low-cost financing these cards provide.
For rates and fees on the American Express Blue Business CashTM Card, please click here.
For rates and fees on the American Express Blue Business® Plus, please click here.
