A fair credit score is usually any score from 600 to 650. If you are looking for a credit score, you might consider several benefits that the card possesses. One of the benefits that you might want is a card with the option to have balance transfers. Therefore, here are the best balance transfer cards for people with fair credit.
1. Chase Slate
When you transfer a balance within the first 60 days, you will have a 0% balance transfer fee. Anytime thereafter, the fee is 5% of the amount of the transfer. If you transfer within the first 60 days, you will be saving money in interest. The card also offers an excellent 0% introductory APR on purchases that are made within the first 15 months of card membership. The card includes a variable APR of between 13.24%-23.24%. You will pay no annual fee. The card comes with a free FICO credit score guide. It comes with an embedded chip, and it has fraud protection. The average credit score ranges from between 627-685.
2. Citi Simplicity
With this credit card, you can receive a 0% interest rate for balance transfers and purchases for 21 months. You will pay a 3% fee, but with no interest, this is still a great way to pay off debt. You will not receive rewards with this card, but with the introductory offer, you can save a lot of money. There is no annual fee, and no late fee. If you are in debt, this is a good card for you. This creditor will approve you with a score as low as 645.
3. Blue Cash Preferred Card
For the first year, this card offers a 0% APR on both purchases and balance transfers. After 12 months, the APR will be between 13.24%-23.24%. In addition, you will earn $150 within the first 3 months if you spend $1000. This card does carry a $95 annual fee; however, it you can make up for that with your cash back. You can earn cash back of up to 6% at supermarkets and 3% at gas stations. With all other purchases, you can earn 1% cash back. You will receive cash back with a statement credit. Credit scores as low as 619 are approved.
4. Chase Freedom
For the first 15 months, this card offers a 0% APR for purchases and balance transfers. Within the first 3 months, after you spend $500, you will receive a $150 bonus. You can earn 5% cash back on certain purchases. Other purchases will earn 1% cash back. The APR after the first 15 months will be between 14.24%-23.24%. There is no annual fee. You can be approved with a score as low as 617.
5. Upromise World MasterCard American Express
This card, issued by Sallie Mae, offers a 0% APR on balance transfers and purchases for the first 15 months. You can receive 3% cash back at certain restaurants, 2% a movie theaters, and 1% for all other purchases. This is a card for college students, as it will contribute to a 529 college savings plan. You will receive a 10% match if you deposit it into a Sallie Mae high-yield savings account. You can redeem rewards through a check. The low credit score that is approved is 647.