No fee balance transfer cards charge a very low rate of interest on the amount that is transferred on the cards. The low rate will remain until the transferred balance has been cleared. No time period is set for you to pay the transferred balance as long as you make the minimum required repayment each month. These no fee balance transfer cards do not charge in the same way as the 0% balance transfer cards so there are no high transfer charges.

Some credit cards offer a rebate of your cash as much as 5% with certain purchases such as gasoline, groceries and medicine. Some will give an overall 3% on everything you buy. The interest rate can vary from 7.99% to 18.24%. This interest rate does not affect you until the introductory period runs out. These cards offer a great, no fee way to save money on the amount of interest you pay on your credit card debt.