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Credit cards with zero interest, also known as 0% APR credit cards, are a great way to save money on interest charges. Most of these credit cards offer 0% introductory APR on purchases or balance transfers for a certain period of time, usually between 12 and 24 months. Consumers who want to make a big purchase, transfer a balance from a high-interest credit card, or simply save money on interest can benefit from this option.
Factors to Consider when Comparing Zero Interest Credit Cards
When it comes to finding the best no interest credit cards, there are a few things to keep in mind. The first thing to consider is the length of the introductory period. Some credit cards offer a 0% APR for 12 months, while others offer it for up to 24 months. Moreover, it‘s important to consider any fees associated with the credit card, such as annual fees or balance transfer fees. A credit card’s rewards program is another important factor to consider when comparing credit cards. There are some zero interest credit cards that offer rewards, although most do not. Travel rewards and other benefits may be offered by some credit cards, while others may offer cash back or points.
Resources for zero-interest credit cards
If you’re looking for low-interest credit cards, WalletHub and Bankrate are fantastic resources. There are regular updates to their lists of the best no interest credit cards, which include information about the introductory period, associated fees, and rewards programs. In addition to CardCritics, you can also find the best no interest credit cards there. The company provides detailed reviews and comparisons of credit cards, including those with no annual fee and 0% APR. Aside from offering information on the best 0% APR credit cards, they also provide information on the best cashback rewards credit cards.
Best credit cards with no interest rates are available right now.
Some of the best no-interest credit cards currently available include:
Chase Freedom Unlimited: With this card, you can earn Cashback on every purchase and enjoy a 0% APR for 15 months.
Citi Simplicity Card: Using this credit card, you can enjoy 0% APR on purchases and balance transfers for the first 18 months.
Discover it Cash Back: With this credit card, you will get Cash Back on every purchase, and you will enjoy a 0% APR on purchases and balance transfers for the first 14 months.
Capital One Quicksilver Cash Rewards Credit Card:. With this card, you will pay 0% APR for 15 months, have no annual fee, and earn cash back on everything you purchase.
Wells Fargo Platinum: With this credit card, you can transfer your balance and make purchases for 0% APR for 18 months.
Tips for Applying for a Zero-Interest Credit Card
If you’re applying for a credit card with 0% APR or no annual fee, it’s important to compare your options and read the terms and conditions carefully, just to make sure you’re aware of all the fees, rewards, and so on. A good credit score is also required for these cards.
Overall, zero-interest credit cards can be a great way to save money on credit card interest charges, whether you’re looking to make a big purchase, transfer a balance from a high-interest credit card, or want to save money on interest charges. With so many different options available, it’s essential to research and compares the different credits.