0% Intro APR Credit Cards
Factors in our evaluation include fees, promotional and ongoing APRs, and sign-up bonuses; for rewards cards, we consider earning and redemption rates, redemption options and redemption difficulty. There's also an unusual bonus, which Discover describes as: Also, there's no annual fee. The CDP provides a huge amount of time to pay off a transferred balance, since its introductory period far outshines other cards. Our pick for Low interest for military. But they can beat you down if you don't use them correctly.
The Best 0% APR Credit Cards of 2018
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Credit Karma strives to provide a wide array of offers for our members, but our offers do not represent all financial services companies or products. Sign up for free. Credit Cards Best Credit Cards. With a high variable go-to rate of You can also do better with 1. If you don't want the pain of required quarterly sign-ups, this card offers a 1. This card doesn't have the high cashback rate of the Chase Freedom, although you don't have to think about what you're purchasing with the Quicksilver.
There's also the Discover Deals program, which gets you access to extra rewards and savings while shopping with your choice of retailers. There also isn't a lot in the way of purchase and travel benefits with this card. That said, the rewards are strong, even with no sign-up bonus. In terms of pure length, there are few other options that can stand toe-to-toe with the Simplicity. It also spurns many common fees: There are no ongoing rewards or a sign-up bonus, which makes this card of limited value for the long haul.
At 20 billing cycles, the U. If you have excellent credit, you could be eligible for the low end of the go-to APR for this card, which is at The high end of the variable APR is This card should be one of your top picks if you need a long time to pay off an existing balance or big purchase.
Also, and this is new, you can earn 10X miles on hotels when you pay with this card. Also, there's no annual fee. Also, it doesn't have the rewards of its sister card, the Venture Rewards, although that card carries an annual fee. While this may be a good choice for the occasional traveler, it's not an option if you want to save money by avoiding interest charges on balance transfers or if you have a sizeable purchase coming up that you want to spread out over more than a year in payments.
Afterwards, the regular APR of The CDP provides a huge amount of time to pay off a transferred balance, since its introductory period far outshines other cards.
Furthermore, it does not charge an annual fee. The CDP stands out from the pack in terms of the sheer length of its balance transfer offer. However, its balance transfer fee and intro offer on purchases are less than stellar.
This is quite a long offer, and the regular APR is also reasonable if you are able to land on the lower end of that range. Most importantly, the BCE offers a tremenedous amount of rewards value compared to other 0 interest credit cards. There are a couple of notable restrictions. The Blue Cash Everyday is notable for its long and flexible intro APR offer and stands out from the pack with its top-tier rewards.
That means paying considerably more than the minimum payment. However, life sometimes gets in the way of our best intentions. There may be a need for you to carry a balance after the offer ends. In that case, it's a good idea to know what variable rate is offered by the card you are eyeing. Interest rate — With a credit card, the APR, or annual percentage rate, is the same figure as the interest rate.
With other products, such as mortgages, your APR reflects not only the interest rate but also any points, mortgage broker fees and other charges that you pay to get the loan. APR — While APRs are designed to reflect the cost of a loan over time, in the case of a credit card, it's used to calculate interest that accumulates daily.
You can have different APRs associated with your credit card:. Prime rate — The U. Prime Rate is a commonly used, short-term interest rate in the banking system of the United States. All types of American lending institutions traditional banks, credit unions, thrifts, etc. Prime Rate as an index or foundation rate for pricing various short- and medium-term loan products, says FedPrimeRate.
The national average was at Usually, the rates are variable, and depend on the Federal Reserve's rates, as well as your payment habits. The national average interest rate is currently The average low interest rate is currently Typically, card issuers offer variable interest rates, and the lower rate on the scale is often below the national average. According to a creditcards. When you're paying less in interest, you can pay back what you've borrowed more quickly.
Look for one with an introductory interest-free period longer than a year. If you tend to carry a balance most months, a card with a low ongoing interest rate will work to your advantage in the long run. After that, the variable APR will be Citi's pledge to never charge fees or a penalty annual percentage rate on late payments is unusual and a nice break for the chronically forgetful.
The lengthy interest-free period is super for purchases, but it comes at a cost for balance transfers: The no-late-fee policy could encourage bad behavior that might eventually affect your credit scores. No rewards or sign-up bonus. No rotating categories or sign-ups needed to earn cash rewards; plus, cash back won't expire for the life of the account and there's no limit to how much you can earn.
This card pays 1. It's also a good traveling companion, as it charges no foreign transaction fees. Nowadays, a flat cash-back rate of 1. Depending on how you spend, you might be able to accumulate more cash back with a bonus category cash back card. And it can be a hassle to track bonus rewards categories and opt in to them every quarter. Discover will match ALL the cash back you've earned at the end of your first year, automatically.
There's no signing up. And no limit to how much is matched. View Rates and Fees. There's also an unusual bonus, which Discover describes as: It can be a hassle to track bonus rewards categories and opt in to them every quarter. Click 'Apply Now' to see the applicable balance transfer fee and how making a balance transfer impacts interest on purchases.
Plus, there's a good cash sign-up bonus: This is an excellent card that doesn't require excellent credit: You can qualify with good credit. Some cards have no minimum. After that, a variable APR currently Great Offer for Customers of U. In May , the issuer extended the introductory APR period.
It also requires excellent credit, whereas many low-interest cards require only good credit. If you have excellent credit and need to spread out payments on a purchase as long as possible without interest, here's your card. Unlike many rewards cards, it doesn't have a sign-up bonus.