The Best Balance Transfer Credit Cards, Winter 2013

It's a New Year, and with the dawn of a New Year usually comes a slew of new credit card offers. In this week's credit card article, we break down the best new balance transfer credit cards of this winter, 2013. If you're one of the millions of people with credit card debt that made a personal finance related New Year's resolution, then transferring your credit card debt from a high-interest credit card to one that offers a long 0% introductory APR period on balance transfers can be a great place to start. While it may seem impossible to get out from under the ever-growing weight of credit card debt, 0% on balance transfer credit cards allow you to do just that by giving you the time you need to get back on your feet financially before charging you interest on your credit card debt.

Here are the MyRatePlan choices for the best 0% on balance transfers credit cards of 2013:

• Discover it Card – The Discover it Card is a new credit card being offered by Discover, and aims to replace Discover’s line of More credit cards by improving on the original Discover More offers. With the Discover it Card, cardholders receive an ultra-long 0% Introductory APR on balance transfers for 18 months. After this 18-month period, the variable purchase APR of 10.99% to 20.99% applies. In addition, cardholders also receive a 0% Introductory APR on purchases for six months. The Discover it Card also doubles as an excellent cash back credit card, as cardholders also receive 5% cash back at restaurants and movies through the end of March on up to $1,500 in purchases, and 1% cash back on all other purchases. The Discover it Card also offers other cool features like a Cashback Concierge that guides cardholders through customized online tours in order to instruct them on how to best use their rewards. Lastly, the Discover it Card requires no annual fee.

• Citi Simplicity Card – The Citi Simplicity Card also makes the list of the best balance transfer credit cards of winter 2013 because it also offers a very long introductory period of 0% Interest on balance transfers at 18 months. After the 18 months, the variable APR applies at 12.99% to 21.99% based on your credit history. The Citi Simplicity Card also offers direct customer service, no late fees, no penalty fees, and also does not require an annual fee to use.

• Citi Dividend Platinum Select Visa Card - $100 Cash Back – The Citi Dividend Platinum Select Visa Card rounds out the list of the best balance transfer credit cards of winter 2013. The Citi Dividend Platinum Select Visa Card offers a 0% Introductory APR on both balance transfers and purchases for 12 months. After this initial period, the APR reverts to the variable APR of between 12.99% and 22.99% based on your credit history. In addition, the Citi Dividend Platinum Select Visa Card also offers a bonus $100 cash back when you make $500 in purchases within the first three months of having your card. The card also offers 5% cash back on certain purchases from Zappos.com, fitness clubs, and drugstores through the end of March 2013, and 1% cash back on all other purchases. Lastly, the Citi Divident Platinum Select Visa Card requires no annual fee.

If you're interested in applying for a new credit card, you can compare credit cards by rewards, terms, annual fees, ratings, and more using MyRatePlan's comprehensive credit card comparison tool.

Discover is a paid advertiser of MyRatePlan.com