Accepted Platinum
Accepted Platinum
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Best 0% APR Credit Cards of October 2021

We all know that paying interest on credit cards is avoidable by being responsible – paying off your balance every month. Otherwise, ‘borrowing’ from your credit card is not very smart due to the high APRs. The great news is that some credit cards offer introductory APR periods during which you are free from paying an APR. Some have an intro period both for balance transfers and purchases, and some for only one of those. If you're currently paying a high-interest balance on another credit card, transferring it to a card with an intro 0% APR offer on balance transfers will potentially save you a lot of money. Or if you’re planning a large purchase (like a new computer, home appliance, or furniture), you could use an intro APR offer on purchases that will enable you to pay it off interest-free. Well, interest-free only if you pay it off in full before the introductory period ends. That brings us to something very important: Be careful because after the intro period ends - it won’t be cheap at all. If you need a card with a 0% APR period offer, keep reading to better understand how they work and to learn about the best credit cards with this offer.

By Hanna Volkava
Updated October 22, 2021
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Best Credit Cards for 0 APR in October 2021

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Accepted Platinum
Apply now
On Acceptedplatinum‘s website
Our Rating:
4 out of 5
scorer
Recommended credit score
No Credit History to Poor (0-579)
  • Rewards Rate:
    • This card doesn't offer cash back, miles or points.
  • Intro Offer:
    • No current offer.
  • Annual Fee:
    None
  • Purchase Intro APR:
    0% Introductory APR.
  • Regular APR:
    None
  • Balance Transfer APR:
    None
  • Details:

    The Accepted Platinum Card is a special card for online shopping.

    The Accepted Platinum card offers fast, trackable and reliable roadside service.

    The Initial cost of membership in the Unique Card Services shopping club is $29.95. The continuing cost is $19.95 per months. The card's NSF check fee is $30 (fee for returned checks or debits, second NSF).

    The card's minimum monthly payment is 15% (of the account balance owed) or $25.00.

    The Accepted Platinum Card has no penalties for prepayment.

  • Pros:
    • No Foreign Transaction Fee
    • No Annual Fee
    • Introductory APR period.
  • Cons:
    • No rewards
    • No Intro APR period on balance transfer
  • Benefits:
    • $1,000.00 Credit Line;
    • No Credit Checks & No Credit Turndowns;
    • 24/7 Roadside Assistance;
    • Low Monthly Payments.
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Evolve℠ Sallie Mae Bank
Apply now
On Sallie Mae Bank‘s site
Our Rating:
5 out of 5
scorer
Recommended credit score
Good to Excellent (670-799)
  • Rewards Rate:
    • 2% Cash Back on your two highest-spending eligible categories per month.
    • 1.5% Cash Back on everything else.
  • Intro Offer:
    • $200 Earn a $200 cash back reward after you spend $1,000 in the first 3 months.
  • Annual Fee:
    None
  • Purchase Intro APR:
    0% Introductory APR for 15 months from date of account opening.
  • Regular APR:
    12.99% - 24.99% Variable APR.
  • Balance Transfer APR:
    12.99% - 24.99% Variable APR.
  • Issuer name:
    Sallie Mae Bank
  • Details:

    The Sallie Mae Evolve℠ card offers 2% Cash Back on your two highest-spending eligible categories per month and 1.5% Cash Back on all purchases. Plus, earn a $200 Cash Back reward after you spend $1,000 in the first 3 months.

    The card offers 0% purchase and balance transfer APR for 15 months, then 12.99% - 24.99% (Variable APR).

    The Sallie Mae Evolve℠ card has no annual fee.

  • Pros:
    • No Annual Fee
    • 0% Introductory APR on purchases and balance transfers
  • Cons:
    • Foreign Transaction Fees
  • Benefits:
    • $200 Cash Back reward;
    • 2% Cash Back;
    • 1.5% Cash Back on all purchases;
    • 25% on Сash Back rewards;
    • $0 liability;
    • Digital Wallets;
    • Cell Phone Protection.
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Chase Freedom Unlimited® best for Cash Back, 0 APR, No Annual Fee, Daily use

Chase Freedom Unlimited®
Our Rating:
5 out of 5
scorer
Recommended credit score
Good to Excellent (670-799)
  • Rewards Rate:
    • 5% Cash Back on travel purchased through Chase Ultimate Rewards.
    • 3% Cash back on dining at restaurants, including takeout and eligible delivery services.
    • 3% Cash Back on drugstore purchases.
    • 1.5% Cash Back on all other purchases.
  • Intro Offer:
    • $200 Earn a $200 bonus after you spend $500 on purchases in the first 3 months from account opening.
    • 5% Cash Back on grocery store purchases (not including Target® or Walmart® purchases) on up to $12,000 spent in the first year.
  • Annual Fee:
    None
  • Purchase Intro APR:
    0% Intro APR for the first 15 months that your Account is open.
  • Regular APR:
    14.99% - 23.74% Variable.
  • Balance Transfer APR:
    14.99% - 23.74% Variable.
  • Issuer name:
    Chase
  • Details:

    The Chase Freedom Unlimited® offers 0% introductory APR period (14.99% to 23.74% Variable after that) and a sign-up bonus that’s worth far more than most Cash-Back cards offer — all for an annual fee of $0.

    My Chase PlanSM Fee is (monthly fee) of the amount of each eligible purchase transaction or amount selected to create a My Chase Plan while in the 0% Intro Purchase APR period. After that, monthly fee of 1.72% of the amount of each eligible purchase transaction or amount selected to create a My Chase Plan. The My Chase Plan Fee will be determined at the time each My Chase Plan is created and will remain the same until the My Chase Plan is paid in full.

    The card offers 3% Cash Back on restaurants and drugstore purchases, 5% back on travel booked through Chase and 1.5% back on other purchases.

    Earn a $200 bonus after you spend $500 on purchases in the first 3 months from account opening. Enjoy 5% Cash Back on grocery store purchases (not including Target® or Walmart® purchases) on up to $12,000 spent in the first year.

  • Pros:
    • No Annual Fee
    • Generous rewards
    • 0% intro APR
    • Sign-up bonus
  • Cons:
    • Foreign Transaction Fee
  • Benefits:
    • Zero Liability Protection;
    • $200 intro bonus;
    • 5 percent Cash Back on all travel purchased via the Chase Ultimate Rewards portal;
    • 3 percent back on dining;
    • 3 percent back at drugstores;
    • 1.5 percent Cash Back on general purchases;
    • Auto Rental Collision Damage Waiver;
    • Trip Cancellation/Interruption Insurance;
    • Travel and Emergency Assistance Services;
    • 24/7 Fraud Protection;
    • Redeem for Cash Back;
    • Gift cards.
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American Express Blue Cash Everyday® best for Cash Back, Gas, 0 APR, No Annual Fee, Families, Shopping, Groceries

Blue Cash Everyday® American Express
Our Rating:
3.5 out of 5
scorer
Recommended credit score
Good to Excellent (670-799)
  • Rewards Rate:
    • 3% Cash Back on groceries, on up to $6,000 per year in purchases.
    • 2% Cash Back on gas.
    • 2% Cash Back at select department stores.
    • 1% Cash Back on other purchases.
  • Intro Offer:
    • 20% Earn 20% back on Amazon.com purchases on the Card within the first 6 months of Card Membership, up to $150 back.
    • $100 Earn $100 back after you spend $2,000 in purchases on the Card within the first 6 months of Card Membership.
  • Annual Fee:
    None
  • Purchase Intro APR:
    0% Introductory APR for the first 15 months from the date of account opening.
  • Regular APR:
    13.99% - 23.99% Variable.
  • Balance Transfer APR:
    None
  • Issuer name:
    American Express
  • Details:

    The Blue Cash Everyday® Card from American Express offers strong, year-round cash back on crucial bonus categories like groceries and gas.

    0% introductory plan fee on each purchase moved into a plan during the first 15 months after account opening. After that, your plan fee will be up to 1.33% of each purchase moved into a plan based on the plan duration, the APR that would otherwise apply to the purchase and other factors.

    Your Card gives you the option to carry a balance with interest or pay in full each month. So, whether you're managing your monthly expenses or making a large purchase, you can have the payment flexibility you need while continuing to earn rewards.

    You’ll be eligible for 20% back on purchases at Amazon.com on the card in the first 6 months (up to $150 back). Plus, earn $100 back after you spend $2,000 in purchases on your new card within the first 6 months.

    When you use your Card to reserve and pay for the Entire Rental and decline the collision damage waiver at the rental Company counter, you can be covered for Damage to or Theft of a Rental Vehicle in a Covered Territory.

    Stay in the know with exclusive access to ticket presales and Card Member-only events in a city near you. Check out Broadway shows and concert tours, family and sporting events, and more.

  • Pros:
    • No Annual Fee
    • Provides Gas and Grocery Rewards
    • 0% Intro Offer
    • Welcome Bonus
  • Cons:
    • Balance Transfer Limited
    • Limited Redemption
    • Bonus Cash Backs Capped
    • Card not Ideal for Travelling Abroad
  • Benefits:
    • 3% Сash Back at U.S. supermarkets;
    • 2% Cash Back at U.S. gas stations and select department stores;
    • 1% Cash Back on all other purchases;
    • Earn 20% back on purchases at Amazon.com (up to $150 back);
    • $100 back after you spend $2,000 in purchases on your card within the first 6 months;
    • Car Rental Loss and Damage Insurance;
    • 24/7 Global Assist® Hotline;
    • American Express Experiences;
    • Fraud Protection;
    • Pay It Plan It;
    • Additional Cards.
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Citi Simplicity® best for 0 APR, Single mom

Citi Simplicity®
Our Rating:
3.86 out of 5
scorer
Recommended credit score
Excellent (740-799)
  • Rewards Rate:
    • This card doesn't offer cash back, miles or points.
  • Intro Offer:
    • No current offer.
  • Annual Fee:
    None
  • Purchase Intro APR:
    0% Introductory APR for 18 months from date of account opening.
  • Regular APR:
    14.74% - 24.74% Variable.
  • Balance Transfer APR:
    14.74% - 24.74% Variable.
  • Issuer name:
    Citi
  • Details:

    The Citi Simplicity® Card is a no annual fee card that can be utilized for balance transfers and ultimately paying off debt. The card does not offer a rewards program

    The Citi Simplicity® Card offers an introductory 0% Intro APR on purchases for 18 months. Additionally, the card offers 0% Intro APR on balance transfers for 18 months from the date of the first transfer. After that, the APR will be 14.74% – 24.74%, based on your creditworthiness.

    The card has a balance transfer fee of $5 or 3 percent of the amount of each transfer, whichever is greater. Balance transfers must be completed within four months of opening the account. If you miss a payment, there is no late fee or penalty APR.

    The Card's Digital Wallets let you shop with confidence in millions of places online, within apps and in stores. With digital wallets you can speed through checkout and continue to enjoy all the great benefits that come with your card.

    Identity theft can happen to anyone. If it happens to you, Citi® Identity Theft Solutions can help you resolve the matter and get your life back on track.

  • Pros:
    • 0% intro APR on Balance Transfers for 18 months
    • 0% intro APR on purchases for 18 months
    • No annual fee
    • No late fees or penalty rates ever
  • Cons:
    • No rewards system or sign-up bonus
    • Foreign transaction fee
  • Benefits:
    • $0 Fraud Liability;
    • 24/7 Customer Service;
    • Digital Wallets;
    • Citi® Identity Theft Solutions.
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Wells Fargo Platinum Card best for 0 APR

Platinum Card Wells Fargo
Our Rating:
3.31 out of 5
scorer
Recommended credit score
Good to Excellent (670-799)
  • Rewards Rate:
    • This card doesn't offer cash back, miles or points.
  • Intro Offer:
    • No current offer.
  • Annual Fee:
    None
  • Purchase Intro APR:
    0% introductory APR for 18 months from date of account opening.
  • Regular APR:
    16.49% - 24.49% Variable.
  • Balance Transfer APR:
    16.49% - 24.49% Variable.
  • Issuer name:
    Wells Fargo
  • Details:

    Platinum Card Wells Fargo has protection features such as Zero Liability protection for promptly reported unauthorized transactions, alerts, cell phone protection.

    My Money Map tools help you to manage spending and create a budget with ease.

    Access to your FICO® Credit Score with Wells Fargo Online.

  • Pros:
    • Zero annual fee
    • 0% Intro APR for 18 months on purchases and balance transfer
    • Access to your FICO® Credit Score with Wells Fargo Online
    • Cellular Telephone Protection
    • Overdraft Protection
  • Cons:
    • No rewards program
    • Foreign transaction fee
  • Benefits:
    • Auto rental collision damage waiver;
    • Roadside dispatch;
    • Travel accident insurance;
    • Travel and emergency assistance services;
    • Cell phone protection.
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Chase Freedom Flex℠ best for Cash Back, 0 APR, No Annual Fee, Daily use

Chase Freedom Flex℠
Our Rating:
5 out of 5
scorer
Recommended credit score
Good to Excellent (670-799)
  • Rewards Rate:
    • 5% Cash Back on up to $1,500 on combined purchases in bonus categories each quarter you activate.
    • 5% Cash Back on travel purchased through Chase Ultimate Rewards.
    • 3% Cash Back on dining at restaurants, including takeout and eligible delivery services.
    • 3% Cash Back on drugstore purchases.
    • 1% Cash Back on all other purchases.
  • Intro Offer:
    • $200 Earn a $200 bonus after you spend $500 on purchases in the first 3 months from account opening.
    • 5% Cash Back on grocery store purchases (not including Target® or Walmart® purchases) on up to $12,000 spent in the first year.
  • Annual Fee:
    None
  • Purchase Intro APR:
    0% Intro APR for the first 15 months that your Account is open.
  • Regular APR:
    14.99% - 23.74% Variable.
  • Balance Transfer APR:
    14.99% - 23.74% Variable.
  • Issuer name:
    Chase
  • Details:

    The Chase Freedom Flex card offers Cash Back in a wide variety of categories.

    You’ll earn 5% Cash Back on travel (through the Chase Ultimate Rewards travel service, and also for Lyft rides). Plus, earn 5% Cash Back on grocery store purchases (not including Target® or Walmart® purchases) on up to $12,000 spent in the first year. You’ll also get 3% Cash Back on restaurant purchases, on drugstore purchases and 1% Cash Back on all other purchases.

    Earn a $200 bonus after you spend $500 on purchases in the first 3 months from account opening.

    The card offers a 15-month 0% annual percentage rate for purchases, after which the APR is 14.99% - 23.74% Variable. Unfortunately, the card does not offer an introductory APR on balance transfers. The card charges no annual fee but 5%, or a $5 minimum fee, on balance transfers.

    My Chase PlanSM Fee is 0% of the amount of each eligible purchase transaction or amount selected to create a My Chase Plan while in the 0% Intro Purchase APR period. After that, monthly fee of 1.72% of the amount of each eligible purchase transaction or amount selected to create a My Chase Plan. The My Chase Plan Fee will be determined at the time each My Chase Plan is created and will remain the same until the My Chase Plan is paid in full.

  • Pros:
    • $200 sign-up bonus
    • High cash back rewards on quarterly rotating bonus categories
    • Decent cash back rewards on select spending categories
    • 0% intro APR on purchases
    • No annual fee
  • Cons:
    • Foreign transaction fee
    • Rotating spending categories require activation
    • No intro APR on balance transfers
  • Benefits:
    • 5% Cash Back on grocery store purchases;
    • 5% Cash Back on up to $1,500 on combined purchases in bonus categories;
    • 5% Cash Back on travel purchased through Chase Ultimate Rewards;
    • 3% Cash Back on dining at restaurants, including takeout and eligible delivery services;
    • 3% Cash Back on drugstore purchases;
    • 1% Cash Back on all other purchases;
    • $200 Cash Back;
    • Zero Liability Protection;
    • Extended Warranty Protection;
    • Trip Cancellation/Interruption Insurance;
    • Cell Phone Protection;
    • Auto Rental Collision Damage Waiver;
    • Travel and Emergency Assistance Services.
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Citi Diamond Preferred® best for 0 APR, No Annual Fee

Diamond Preferred® Citi
Our Rating:
4.1 out of 5
scorer
Recommended credit score
Excellent (740-799)
  • Rewards Rate:
    • This card doesn't offer cash back, miles or points.
  • Intro Offer:
    • No current offer .
  • Annual Fee:
    None
  • Purchase Intro APR:
    0% Introductory APR for 18 months from date of account opening.
  • Regular APR:
    13.74% - 23.74% Variable.
  • Balance Transfer APR:
    13.74% - 23.74% Variable.
  • Issuer name:
    Citi
  • Details:

    The Citi Diamond Preferred Card comes with 0% introductory APR offer on both purchases and balance transfers, charges no annual fee and gives cardholders with excellent credit a chance at a relatively low ongoing APR.

  • Pros:
    • 0% Intro APR for 18 months
    • Flexible payment due date
    • No annual fee
    • Free access to FICO® score
  • Cons:
    • No rewards
    • Foreign transaction fee applied
    • Late payment fees
  • Benefits:
    • $0 Liability;
    • Digital Wallets;
    • Citi Entertainment.
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US bank Visa® Platinum best for 0 APR, No Annual Fee

U.S. Bank Visa® Platinum
Our Rating:
4.35 out of 5
scorer
Recommended credit score
Good to Excellent (670-799)
  • Rewards Rate:
    • This card doesn't offer cash back, miles or points.
  • Intro Offer:
    • No current offer.
  • Annual Fee:
    None
  • Purchase Intro APR:
    0% Introductory APR for the first 20 billing cycles.
  • Regular APR:
    14.49% - 24.49% Variable.
  • Balance Transfer APR:
    14.49% - 24.49% Variable.
  • Issuer name:
    US bank
  • Details:

    The U.S. Bank Visa® Platinum Card is a good 0% intro APR and balance transfer card.

    On any balances you transfer over within the first 60 days of opening your account, you will pay 0% intro APR for 20 billing cycles on Balance Transfers (then 14.49% - 24.49%). In order to qualify for 0% APR on balance transfers, they must be made in the first two months of receiving the card.

    Cardholders who pay their cell phone bill every month with the U.S. Bank Visa® Platinum Card will receive this benefit. Cell Phone Protection covers two incidents of cell phone damage or theft, with limits of $600 per incident with a $25 deductible.

    U.S. Bank allows you to choose your payment due date, and offers access to your TransUnion credit score for free if you enroll in online banking. The U.S. Bank Visa Platinum also comes with fraud protection in case of any unusual activity on your account.

  • Pros:
    • Long 0% interest intro offer for purchases and balance transfers
    • No annual fee
    • No penalty APR
  • Cons:
    • Foreign Transaction Fee
    • Fees for late or returned payment
    • No rewards structure
  • Benefits:
    • Cell phone protection;
    • Fraud Protection;
    • Free credit score access;
    • AutoPay;
    • Digital Wallets;
    • Choose Your Payment Due Date;
    • 24/7 Account Access.
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American Express Cash Magnet® best for Cash Back, 0 APR

Cash Magnet® American Express
Our Rating:
3.9 out of 5
scorer
Recommended credit score
Good to Excellent (670-799)
  • Rewards Rate:
    • 1.5% Earn unlimited Cash Back on all purchases.
  • Intro Offer:
    • $200 Earn $200 Back after you spend $2,000 in purchases on your new Card in your first 6 months of Card Membership. You will receive the $200 back in the form of a statement credit.
  • Annual Fee:
    None
  • Purchase Intro APR:
    0% Introductory APR for the first 15 months from the date of account opening.
  • Regular APR:
    13.99% - 23.99% Variable.
  • Balance Transfer APR:
    None
  • Issuer name:
    American Express
  • Details:

    The American Express Cash Magnet® Card is one of the best cash back credit cards. You’ll earn Cash Back on every purchase at a flat rate of 1.5 % back, no matter what you buy. The card also carries a nice welcome bonus and no annual fee.

    0% introductory plan fee on each purchase moved into a plan during the first 15 months after account opening. After that, your plan fee will be up to 1.33% of each purchase moved into a plan based on the plan duration, the APR that would otherwise apply to the purchase and other factors.

    Whenever you travel more than 100 miles from home, Global Assist Hotline is available for 24/7 medical, legal, financial and other select emergency assistance and coordination services, such as medical and legal referrals, emergency cash wires, and missing luggage assistance. Card Members are responsible for the costs charged by third-party service providers.

    Stay in the know with exclusive access to ticket presales and Card Member-only events in a city near you. Check out Broadway shows and concert tours, family and sporting events, and more.

  • Pros:
    • No annual fee
    • 0% Intro APR
    • Uniform Bonus Tier
    • $200 Welcome Bonus
  • Cons:
    • Relatively Low Cash Back Rate
    • Limited Cash Back Reward Redemption
    • Limited Acceptance Globally
    • Foreign transaction fee
    • APR Penalty
  • Benefits:
    • Unlimited 1.5% Cash Back;
    • 0% intro APR;
    • American Express Experiences;
    • 24/7 Travel Assistant;
    • Car Rental Loss and Damage Insurance;
    • Purchase Protection.
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Capital One SavorOne best for Cash Back, 0 APR, No Annual Fee, Restaurants, Entertainment, Daily use

SavorOne Capital One
Our Rating:
4.25 out of 5
scorer
Recommended credit score
Excellent (740-799)
  • Rewards Rate:
    • 3% Cash Back on dining, entertainment, popular streaming services and at grocery stores.
    • 1% Cash Back on all other purchases.
  • Intro Offer:
    • $200 Earn a one-time $200 cash bonus once you spend $500 on purchases within the first 3 months from account opening.
  • Annual Fee:
    None
  • Purchase Intro APR:
    0% Introductory APR for the first 15 months that your account is open.
  • Regular APR:
    15.49% - 25.49% Variable.
  • Balance Transfer APR:
    15.49% - 25.49% Variable.
  • Issuer name:
    Capital One
  • Details:

    Earn unlimited 3% Cash Back on dining, entertainment, popular streaming services and at grocery stores, plus 1% on all other purchases. Earn a one-time $200 cash bonus after you spend $500 on purchases within the first 3 months from account opening with SavorOne Rewards from Capital One.

  • Pros:
    • High rewards rates on dining, entertainment, and grocery stores
    • One-time bonus
    • Introductory 0% APR on purchases
    • No annual fee
    • No foreign transaction fees
  • Cons:
    • No rewards for travel purchases
    • Excellent credit score needed
  • Benefits:
    • No Foreign Transaction Fees;
    • Complimentary Concierge Service;
    • Extended Warranty;
    • Travel Accident Insurance;
    • 24-hour Travel Assistance Services.
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Discover Bank Discover it® Cash Back best for Cash Back, 0 APR, No Annual Fee, Young couples, Daily use

Discover it® Cash Back Discover Bank
Our Rating:
5 out of 5
scorer
Recommended credit score
Good to Excellent (670-799)
  • Rewards Rate:
    • 5% Cash Back on everyday purchases at different places each quarter like Amazon.com, grocery stores, restaurants, gas stations and when you pay using PayPal, up to the quarterly maximum when you activate.
    • 1% Cash Back on all other purchases.
  • Intro Offer:
    • 2x New cardmembers get double Cash Back in the first year (awarded after the first year).
  • Annual Fee:
    None
  • Purchase Intro APR:
    0% Intro APR for 14 months from date of account opening.
  • Regular APR:
    11,99% - 22,99% Variable.
  • Balance Transfer APR:
    11,99% - 22,99% Variable.
  • Issuer name:
    Discover Bank
  • Details:

    The Discover it® Cash Back Credit Card offers 5% Cash Back on up to $1,500 spent each quarter on rotating bonus categories like Amazon.com, grocery stores, restaurants, gas stations and when you pay using PayPal, each time you activate them. However, you’ll only receive 1% Cash Back on all other purchases. Instead of extending a traditional sign-up bonus to new cardholders, Discover will match all the Cash Back you earn during the first year.

    Discover it Cash Back doesn’t offer some of the benefits that come standard with many other credit cards, including price protection and extended warranty coverage. However, as a cardholder, you have zero-liability fraud protection, plus free access to your FICO credit score and alerts if your Social Security number shows up on a risky website. If someone steals your credit card or you lose it, you can freeze your account from your mobile app or online account, plus get free overnight delivery for your replacement card.

    The Discover it® Cash Back Credit Card has a generous introductory offer: 0% intro APR for 14 months on purchases and balance transfers, and then the ongoing APR of 11.99% - 22.99% Variable APR. The balance transfer fee is an introductory 3% of the amount transferred, but can be as high as 5% on future balance transfers (see terms). That's on par with other balance transfer cards.

  • Pros:
    • No Foreign Transaction Fee
    • Bonus Cash Back categories
    • No annual fee
    • Intro APR period on Purchases and Balance Transfers
  • Cons:
    • Extra Fees
    • Low rewards rate for most purchases
  • Benefits:
    • 5% Cash Back on everyday purchases at different places each quarter;
    • 1% Cash Back on all other purchases;
    • Only Discover® Cashback Match;
    • $0 Fraud Liability;
    • FICO® Credit Score;
    • 24/7 customer service line.
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Capital One Quicksilver best for Cash Back, 0 APR, No Annual Fee, Daily use

Quicksilver Capital One
Our Rating:
4.47 out of 5
scorer
Recommended credit score
Excellent (740-799)
  • Rewards Rate:
    • 1.5% Cash Back on every purchase.
  • Intro Offer:
    • $200 Cash Bonus once you spend $500 on purchases within 3 months from account opening.
  • Annual Fee:
    None
  • Purchase Intro APR:
    0% Introductory APR for the first 15 months that your account is open.
  • Regular APR:
    15.49% - 25.49% Variable.
  • Balance Transfer APR:
    15.49% - 25.49% Variable.
  • Issuer name:
    Capital One
  • Details:

    The Quicksilver from Capital One credit card offers a flat 1.5% Cash Back on all purchases with a $0 annual fee. It also offers a 0% intro on purchases for 15 months, followed by the standard APR of 15.49% - 25.49% (Variable).

    New cardholders will have the opportunity to earn a bonus: One-time $200 cash bonus after you spend $500 on purchases within 3 months from account opening.

    The Capital One Quicksilver card maintains its simplicity with redeeming rewards, too. Customers can request cash back at any amount, redeemable as a check or statement credit. Cardholders also have the option of setting up automatic redemptions, beginning with a $25 minimum cashout. You can also link your rewards account with Amazon.com to apply rewards towards Amazon purchases at a penny a piece in value.

    Cardholders can also redeem rewards for gift cards at variable rates. Like the Amazon option, you’d be better off buying the gift card you need instead of redeeming rewards directly.

    You’ll be able to snag exclusive travel and entertainment opportunities like pre-sale tickets through Capital One Access. Plus, you can access a variety of 24/7 services like travel assistance, roadside assistance and complimentary concierge assistance.

  • Pros:
    • No minimum redemption is required
    • No annual fee
    • No foreign transaction fees
    • Intro APR period on Purchases
    • Generous sign-up bonus
  • Cons:
    • No bonus rewards categories
    • Other cards offer longer intro APR periods and/or lower APR
    • You need a good credit score to get this card
  • Benefits:
    • $200 Cash Bonus;
    • Unlimited 1.5% Cash Back on every purchase;
    • $0 Fraud Liability;
    • Complimentary Concierge Service;
    • Travel Accident Insurance;
    • 24-hour Travel Assistance Services;
    • Capital One Shopping;
    • Shop With Your Rewards.
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HSBC Gold Mastercard® best for 0 APR, Low Interest

Gold Mastercard® HSBC Bank
Our Rating:
3.61 out of 5
scorer
Recommended credit score
Good to Excellent (670-799)
  • Rewards Rate:
    • This card doesn't offer cash back, miles or points.
  • Intro Offer:
    • No current offer.
  • Annual Fee:
    None
  • Purchase Intro APR:
    0% Introductory APR will apply for the first 18 months from Account opening.
  • Regular APR:
    13.99% - 23.99% Variable.
  • Balance Transfer APR:
    13.99% - 23.99% Variable.
  • Issuer name:
    HSBC
  • Details:

    The HSBC Gold Mastercard is a solid option for a credit card with 0 percent intro APR on purchases and balance transfers for the first 18 months (13.99 percent to 23.99 percent variable thereafter). This card also does not charge an annual fee, charges no penalty APR for missed payments and waives some late fees.

    If your balance transfer exceeds your HSBC Gold Mastercard credit limit, your request may be canceled. You also need to make your transfer within 60 days of account opening and pay a balance transfer fee of $10 or 4 percent, whichever is greater.

    The HSBC Gold also provides fraud protection, extended warranties up to an additional year, and coverage on most purchases up to $1,000 against accidental damage or theft for 90 days after the purchase. Plus, price protection will refund the difference if you make a purchase and find it advertised for less within 60 days of your purchase. In addition, you can see one of your FICO 8 Credit Scores for free with this card. This is based on your Equifax credit report.

    Because it is a Mastercard, you’ll benefit from Mastercard Airport Concierge. With this perk, you’ll get a 15% discount on Airport Meet and Greet services. Airport concierges are available to escort you through the terminal, and may make your trip through security or immigration faster.

  • Pros:
    • 0% Intro APR for the first 18 months on balance transfers and purchases
    • No Annual Fee
    • No Foreign Transaction Fee
    • No penalty APR
    • Late fee waiver
    • Zero Liability Policy
  • Cons:
    • No rewards
    • High balance transfer fee
  • Benefits:
    • FICO® score;
    • Zero Liability for Unauthorized Purchases;
    • Mastercard ID Theft Protection;
    • Priceless Cities;
    • Priceless Golf;
    • Travel Accident Insurance;
    • Mastercard Airport Concierge;
    • MasterRentalTM Coverage.
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Short Review of Best Credit Cards for 0% APR

NameBest forBalance Transfer intro APR periodRewards RateApply
Accepted Platinum
4
None
  • This card doesn't offer cash back, miles or points.
  • Apply now
    On Acceptedplatinum‘s website
    Evolve℠ from Sallie Mae Bank
    5
    0% Introductory APR for 15 months from date of account opening for transfers authorized within 60 days from date of account opening.
  • 2% Cash Back on your two highest-spending eligible categories per month.
  • 1.5% Cash Back on everything else.
  • Apply now
    On Sallie Mae Bank‘s site
    Freedom Unlimited® from Chase
    5
    Cash Back, 0 APR, No Annual Fee, Daily useNone
  • 5% Cash Back on travel purchased through Chase Ultimate Rewards.
  • 3% Cash back on dining at restaurants, including takeout and eligible delivery services.
  • 3% Cash Back on drugstore purchases.
  • 1.5% Cash Back on all other purchases.
  • Learn more
    Blue Cash Everyday® from American Express
    3.5
    Cash Back, Gas, 0 APR, No Annual Fee, Families, Shopping, GroceriesNone
  • 3% Cash Back on groceries, on up to $6,000 per year in purchases.
  • 2% Cash Back on gas.
  • 2% Cash Back at select department stores.
  • 1% Cash Back on other purchases.
  • Learn more
    Simplicity® from Citi
    3.86
    0 APR, Single mom0% Introductory APR for 18 months from date of first transfer when transfers are completed within 4 months from date of account opening.
  • This card doesn't offer cash back, miles or points.
  • Learn more
    Platinum Card from Wells Fargo
    3.31
    0 APR0% introductory APR for 18 months from date of account opening.
  • This card doesn't offer cash back, miles or points.
  • Learn more
    Freedom Flex℠ from Chase
    5
    Cash Back, 0 APR, No Annual Fee, Daily useNone
  • 5% Cash Back on up to $1,500 on combined purchases in bonus categories each quarter you activate.
  • 5% Cash Back on travel purchased through Chase Ultimate Rewards.
  • 3% Cash Back on dining at restaurants, including takeout and eligible delivery services.
  • 3% Cash Back on drugstore purchases.
  • 1% Cash Back on all other purchases.
  • Learn more
    Diamond Preferred® from Citi
    4.1
    0 APR, No Annual Fee0% Introductory APR for 18 months from date of first transfer when transfers are completed within 4 months from date of account opening.
  • This card doesn't offer cash back, miles or points.
  • Learn more
    Visa® Platinum from US bank
    4.35
    0 APR, No Annual Fee0% Introductory APR for the first 20 billing cycles for balances transferred within 60 days from account opening.
  • This card doesn't offer cash back, miles or points.
  • Learn more
    Cash Magnet® from American Express
    3.9
    Cash Back, 0 APRNone
  • 1.5% Earn unlimited Cash Back on all purchases.
  • Learn more
    SavorOne from Capital One
    4.25
    Cash Back, 0 APR, No Annual Fee, Restaurants, Entertainment, Daily useNone
  • 3% Cash Back on dining, entertainment, popular streaming services and at grocery stores.
  • 1% Cash Back on all other purchases.
  • Learn more
    Discover it® Cash Back from Discover Bank
    5
    Cash Back, 0 APR, No Annual Fee, Young couples, Daily use0% Intro APR for 14 months from date of first transfer.
  • 5% Cash Back on everyday purchases at different places each quarter like Amazon.com, grocery stores, restaurants, gas stations and when you pay using PayPal, up to the quarterly maximum when you activate.
  • 1% Cash Back on all other purchases.
  • Learn more
    Quicksilver from Capital One
    4.47
    Cash Back, 0 APR, No Annual Fee, Daily useNone
  • 1.5% Cash Back on every purchase.
  • Learn more
    Gold Mastercard® from HSBC
    3.61
    0 APR, Low Interest0% Introductory APR will apply for the first 18 months from Account opening.
  • This card doesn't offer cash back, miles or points.
  • Learn more

    Chase Freedom Unlimited®

    With Chase Freedom Unlimited® you’ll get 15 months to pay off your purchase with 0% APR (14.99% – 23.74% after). This card will also earn you great rewards, including a 5% on travel (only if purchased through Chase Ultimate Rewards), 3% in restaurants and drugstores, and 1.5% on everything else. On top of that, there's a $200 sign-up bonus too.

    Read more about Chase Freedom Unlimited®

    American Express Blue Cash Everyday®

    The Blue Cash Everyday® card would be of great use to families with its generous cash back rates on groceries and gas. Not only they’ll earn rewards by going on with their usual everyday purchases, but the 15-months 0% APR offer will also help them with their next big purchase. After the intro period, there’s a 13.99% – 23.99% APR.

    Read more about American Express Blue Cash Everyday®

    Citi Simplicity®

    As Citi says, this card is keeping it simple – without an annual fee, penalty fees, and late fees, but with a great 18-month 0% APR offer on purchases and balance transfers. After the introductory period, the APR is 14.74% to 24.74%. The lack of penalty and late fees is a useful feature for anyone paying off a debt, however this card doesn’t offer rewards. So, it doesn’t provide much long-term value and there’s no reason to keep it after the 18-months offer.

    Read more about Citi Simplicity®

    Wells Fargo Platinum Card

    The Wells Fargo Platinum Card is a great choice to finance your next big purchase with it, as well as to transfer a high-interest balance on it. This is due to its lengthy 18-months 0% APR offer on balance transfers and purchases (16.49% to 24.49% afterward). Those looking to improve their budgeting skills will appreciate the My Money Map tool, which will help you manage your spending.

    Read more about Wells Fargo Platinum Card

    Chase Freedom Flex℠

    If you want to earn superb rewards while paying zero interest on purchases, the Chase Freedom Flex℠ will give you exactly that. You’ll get 15 months 0% intro APR for purchases (14.99% – 23.74% after). Each quarter you'll earn 5% in a different bonus category (capped at $1,500 per quarter) and there is also 5% cash back on Lyft and travel booked through Chase Ultimate, 3% on dining out and drugstores, and 1% on all other purchases. For the $200 sign-up bonus you'll only need to spend $500 in the first three months.

    Read more about Chase Freedom Flex℠

    Citi Diamond Preferred®

    The Citi Diamond Preferred® credit card’s features are very similar to its sister card, the Citi Simplicity®. Except with this one, it's a bit less simple as it has late and penalty fees. Despite its extensive 0% APR intro period (18-months), if you are careless with your payments, it can cost you up to a $40 late fee every time, and its penalty APR can get as high as 29.99%. The regular APR on this card is 14.74% - 24.74%.

    Read more about Citi Diamond Preferred®

    US bank Visa® Platinum

    The US bank Visa® Platinum is definitely the best card when it comes to intro APR offers for balance transfers and purchases. The 0% APR period is the longest one out there - an unmatched 20 billing cycles (14.49% – 24.49% after). However, only those with excellent credit should apply for it.

    Read more about US bank Visa® Platinum

    American Express Cash Magnet®

    You’ll get three things with the American Express Cash Magnet®: a solid 15-month 0% APR on purchases, a flat 1.5% cash back rate on all purchases, and a nice welcome offer. The regular APR after the intro period is 13.99% to 23.99%. You can put your next large purchase on this card, but be careful because there is also a 29.99% penalty APR if you miss a payment or it’s returned.

    Read more about American Express Cash Magnet®

    Capital One SavorOne

    Earning rewards when dining and having fun, and not having to worry about a high APR? It’s possible with the Capital One SavorOne. This card has a 15-month 0% APR period for purchases, after the APR is 15.49% – 25.49%. It also offers great value as a rewards card, with an unlimited 3% cash back for restaurants and entertainment, 2% at grocery stores, and 1% on everything else.

    Read more about Capital One SavorOne

    Discover Bank Discover it® Cash Back

    This card is for those who prioritize rewards over intro APR offers. With the Discover it® Cash Back you won’t have to pay an APR on purchases and balance transfers for the first 14 months after account opening (11.99% – 22.99% after). The highlight of this card is the rewards program, an excellent 5% cash back rate on quarterly rotating categories, and Discover it will match the cash back you earned in the first year. So, this card is a keeper even after the intro APR period ends.

    Read more about Discover Bank Discover it® Cash Back

    Capital One Quicksilver

    If you want a simple, flat-rate rewards card with an intro offer on purchases, the Capital One Quicksilver offers exactly that. You’ll get a 15-month intro APR on purchases (the ongoing rate is 15.49% – 25.49%). The rewards program consists of a 1.5 percent cash back rate on all purchases and a $200 welcome bonus.

    Read more about Capital One Quicksilver

    HSBC Gold Mastercard®

    Do you need a break from APRs and fees? You should go for the HSBC Gold Mastercard® then. Its 18-month APR offer is valid for both balance transfers and purchases and after you'll pay an APR of 13.99% – 23.99%. This card is great for the forgetful, as it will give you a late fee waiver once per calendar year and also promises not to raise your APR if paying late. So, it's great for your debt and balance but won't earn you any rewards.

    Read more about HSBC Gold Mastercard®

    Understanding interest rates and APRs

    You’ve probably noticed that the terms interest rate and APR are used interchangeably when it comes to credit cards. These two are not usually the same, except when we talk about credit cards. We understand it can be confusing, so let’s clear that up. The interest rate is simply the interest charges for your balance. In contrast, the APR is the total cost of borrowing, the interest PLUS all other fees that you'll pay for the loan. For example, mortgage loans have an origination fee, so the lenders have to disclose that fee in the loan's APR. Credit cards are more straightforward with their fees, as all are already separately disclosed (annual fee, cash advance fee, etc.). So in this case, the interest rate is the same as the annual percentage rate (APR).

    By far, we’ve only mentioned balance transfer and purchase APRs, but credit cards have other types of APRs too. Generally, you’ll find the following types of APRs:

    • Purchase APR – the rate you pay for everyday purchases with your credit card.
    • Balance transfer APR – the rate you’ll pay if you transfer a balance from another credit card (8% - 25%).
    • Introductory APR – special rate offered to new cardholders, usually for balance transfers, purchases, or both. You’ll pay 0% interest for a set period of time, but remember that once this period ends, the regular APRs kick in.
    • Cash advance APR – the rate you’ll pay if you borrow cash with your card from an ATM (around 25%).
    • Penalty APR – the rate that’ll be applied if you are late with your payment (up to 29.99%).

    As you can see, credit card interest rates can be quite high. So, how do credit card issuers set these rates? You must have noticed that usually the word 'variable' is written next to each card's APR. This means that this card’s APR varies based on the prime rate. The prime rate is the interest rate that banks give to the most creditworthy customers. If this rate goes up, your APR will follow and go up too.

    However, the main factor that'll determine what APR you'll get is your credit score. This tells the credit card companies a lot about how you managed money in the past. For example, whether you've paid your bills on time, and the amount of debt you owe. So, if you've been responsible regarding your debt and payments, you can probably expect to get an APR that’s closer to the lower limit. However, if your credit score is less-than-perfect, you might want to hold back from borrowing on your credit card.

    Although credit cards with introductory APR offers can be of great value and potentially save you hundreds of dollars, after that period ends, the regular APRs, which are really high, will start applying. Depending on the card, the intro period can also end early if you fail to make the minimum monthly payment even once and can suddenly get very expensive since you’ll have to pay late and penalty fees. The minimum monthly payment is the amount that you have to pay each month so that the credit card company doesn’t mark your account as “past due.”

    We do recommend paying an amount that's above your minimum payment, preferably the total amount due. Paying the minimum amount will only save you from paying late fees, but you'll still have to pay interest on the remaining balance. To give you an idea of how costly interest on credit cards can be, consider the following example: You want to purchase a new refrigerator for your home and it costs around $5,000. You can’t pay it upfront, so you decide to put it on your credit card. The interest rate is 16.15% (U.S. average) and you plan to pay it off in total over the course of 12 months, in equal installments. This is how would that look like:

    Total Principal Total Interest Monthly Payment Total Cost
    $5,000 $413 $492 $5,491

    For an appliance that costs $5,000, you’ll have to pay a $413 interest. But if you get a new credit card with a 0% APR on purchases for at least 12 months you can only pay the principal. And the money you'd otherwise pay for interest, you can now use to pay for the refrigerator’s installment.

    To sum up, if you want to avoid or reduce the interest cost on credit cards, start with taking advantage of the intro APR offers. As long as you make at least the minimum monthly payments, the 0% rate will keep applying. When the offer ends, be aware of the ongoing APR and try to pay your bill in full, every month. Credit cards will usually give you (at least) 21-day grace period after each statement close date, during which you can pay your balance without interest. Try not to carry a balance from month to month, as that way you can easily accumulate a lot of interest that can potentially cost you hundreds of dollars, as we explained above.

    How do 0% APR offers work?

    During the introductory APR period, an APR of 0% is applied, which means you won't have to pay interest on new purchases or balance transfers (or both – depends on the card).

    icon-search

    The introductory period varies among different credit cards and it usually lasts between 6 and 20 months. The student cards from Discover (Discover it® Student Cash Back and Discover it® Student chrome) have a 6-month 0% APR period on purchases. Although it’s the shortest intro APR offer, it’s still a great benefit for a student card. While the US bank Visa® Platinum holds the throne for the lengthiest intro APR period - 20 billing cycles.

    What’s the best way to use a 0% APR credit card?

    If you have a balance on a high-interest credit card and want to save money by making a balance transfer, a credit card with a 0% APR offer on balance transfers will help. While a credit card with a 0% APR offer on purchases will benefit you if you're planning an expensive purchase and currently either don't have the cash for that or don't want to take from your savings funds. With the right card, you can pay off your purchase interest-free.

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    If you want to have a break from interest not only on purchases, but also balance transfers, you can go for a card that has an APR offer for both, like the Wells Fargo Platinum Card.

    Whether you get a 0% APR credit card for a purchase or a balance transfer, the best way to use it is to pay back the amount owed in full before the introductory period ends.

    How to choose a 0% APR credit card?

    We’ll give you a short guideline that will help you choose the credit card that best suits your needs:

    1. What’s your need? – A purchase, balance transfer, or both?
    2. A long enough intro APR period – Think about the amount of your purchase or balance and how long you’ll need to pay it off. A long enough period is one during which you can pay back everything you owe. Always go for a longer period. For example, if you think that you’ll need around 15 months to pay off the balance or purchase, still go for a card that has an 18-month 0% APR offer.
    3. Consider the ongoing APRs – However long, the intro period will once end, so think about the APR you’ll have to pay when that happens.
    4. Long-term value and other benefits – Many of the cards on our list, not only offer 0% APR, but also rewards. You should look beyond the intro period and think about how the card can bring you additional value. Here you can find the best credit cards for rewards.

    Why do credit cards offer 0% APRs?

    As these 0% APR offers sound great to you, you're probably wondering what's in it for the credit card companies. Well, to start with, by offering these intro interest-free periods they attract more customers to sign-up for the card. Also, as you’re not allowed to make a balance transfer on another card from the same issuer, with these offers, credit card companies “steal” customers from competitors while charging you a balance transfer fee.

    Lastly, they are also counting on some cardholders to be late with a payment or miss one or more and will have to pay high penalty fees. Some will fail to pay off the whole amount due during the intro period and will have to keep paying when the regular APR is applied.

    So, we are rooting for you to be smart and prevent them from profiting from you, by managing your credit card responsibly and keeping in mind all the tips we mentioned throughout this article.

    FAQ

    • Can I extend the 0% introductory period on a credit card?

      It depends, but it's highly unlikely. As we said, card issuers profit from your interest payments. However, if you've been making all your payments on time, you can call and ask for an extension on the intro period. Even if you don’t succeed to prolong the 0% APR period, maybe you can negotiate a lower interest rate.
    • What credit score should I have in order to increase my approval odds for a 0% APR credit card?

      Generally, you’ll need a good to excellent credit score to qualify for a 0% APR credit card. A credit score of at least 670 is recommended.
    • What are other credit cards to consider?

      Other good credit cards with 0% APR offers that didn’t make our list are: the Discover it® Student Cash Back (0% APR on purchases for 6 months) and the Blue Cash Preferred® Card from American Express (0% APR on purchases for 12 months).
    • How do I find out which APR will I get on a particular credit card?

      As we said earlier in the text, the better your credit score - the lower the APR you’ll get. However, the exact APR will be disclosed after you get approved for the card.

    Financial and product expert

    hv@myfin.us