Credit cards with high interest rates can lead to costly balances; however, many offer introductory 0% APR periods, allowing quicker debt repayment. Key options include the Citi Simplicity® and Wells Fargo Reflect® cards, which provide 21 months of no interest on balance transfers. Other cards like the Discover it® Chrome and Citi Double Cash® Card offer 18-month periods with cash-back rewards. Balance transfer fees typically range from 3% to 5%. Evaluating the specific card terms, including fees and rewards, is crucial for maximizing savings and effectively managing credit card debt.
