How to Save Money on Credit Card Interest
Find out the Best Zero-Interest Credit Cards with No Annual Fee
If you are looking for a way to save money on interest, consider applying for the best zero-interest credit cards. To find out more about these credit cards, be sure to continue reading!
In today’s modern world, it is almost a necessity to have a credit card. Whether you are paying for groceries, travel, or just everyday necessities. The convenience of being able to use a credit card for purchases makes life much easier.
Credit cards usually charge high interest rates and fees which can either make or break the financial goals of the cardholders. But there are a few ways to avoid interest on a credit card: Pay off the balance every month or get a zero-APR offer.
Some credit cards offer 0% APR that lets you avoid interest payments on purchases and balance transfers—ideal for those who want to pay off long-term debts faster, and finance large purchases—but others only extend their offers to one or the other. These credit cards are a money saver if used responsibly.
Do you need help choosing a 0% intro APR credit card? Start with our list. We chose our picks based on top offers from top issuers by comparing introductory periods, balance transfer offers, rewards, and other card benefits.
| Annual Percentage Rate (APR) | Balance transfer fees | Bonus/Rewards | Other benefits | Why did we choose this card? |
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0% intro APR for 20 billing cycles on purchases and balance transfers. Then, 14.49%-24.49% variable APR. |
Either $5 or 3% of the amount of each transfer, whichever is greater. Please see full terms here. |
No rewards program |
Cellphone protection plan |
It has the longest 0% intro APR offer. Whether you’re planning to pay off accumulated debts and want plenty of time to pay, or there’s a large purchase you’d like to pay off in interest-free installments, this is the card to have in your wallet. |
| Annual Percentage Rate (APR) | Balance transfer fees | Bonus/Rewards | Other benefits | Why did we choose this card? |
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0% intro APR for 18 months on purchases and balance transfers made in the first 4 months. Then, 14.74% – 24.74%, variable APR. |
Either $5 or 3% of the amount of each transfer, whichever is greater. Please see full terms here. |
No rewards program |
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Longer 0% intro APR period for both purchases and balance transfers and low fees. |
| Annual Percentage Rate (APR) | Balance transfer fees | Bonus/Rewards | Other benefits | Why did we choose this card? |
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0% intro APR for 15 months on purchases and balance transfers. Then, 14.99%-23.74% variable APR. |
Intro fee (for transfers made within 60 days of account opening): Either $5 or 3% of the amount of each transfer, whichever is greater. Then, either $5 or 5% of the amount of each transfer, whichever is greater. Please see full terms here |
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This is ideal for you if you are looking for a simple cash back credit card with the greatest ongoing rewards value. |
| Annual Percentage Rate (APR) | Balance transfer fees | Bonus/Rewards | Other benefits | Why did we choose this card? |
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0% intro APR for 15 months on purchases and balance transfers. Then, 14.99%-23.74% variable APR. |
Intro fee (for transfers made within 60 days of account opening): Either $5 or 3% of the amount of each transfer, whichever is greater.
Then, either $5 or 5% of the amount of each transfer, whichever is greater. Please see full terms here. |
It has the same bonus and rewards as Chase Freedom Unlimited except that you can also earn 5% cash back on up to $1,500 in combined purchases in bonus categories (groceries, gas, or utility services) each quarter you activate. | It has the same benefit as Chase Freedom Unlimited except that it offers a 5% cash back calendar. | If you know how to manage rewards categories, this is ideal for you as it provides you the chance to earn a greater rewards rate on your spending. |
| Annual Percentage Rate (APR) | Balance transfer fees | Bonus/Rewards | Other benefits | Why did we choose this card? |
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0% intro APR for 15 months on purchases. Then, 14.99% – 24.99%, variable APR. Balance transfer APR: 14.99% – 24.99%, variable APR |
No transfer fee.
Please see full terms here. |
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Long 0% intro APR period with rewards. |
| Annual Percentage Rate (APR) | Balance transfer fees | Bonus/Rewards | Other benefits | Why did we choose this card? |
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0% intro APR for 15 months on purchases. Then, 13.99% – 23.99%, variable APR. |
Please see full terms here. |
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Longer 0% intro APR period; lower variable APR; best cash back for everyday purchases. |
| Annual Percentage Rate (APR) | Balance transfer fees | Bonus/Rewards | Other benefits | Why did we choose this card? |
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0% intro APR for 15 months on purchases. Then, 14.99% – 24.99%, variable APR. Balance transfer APR: 14.99% – 24.99%, variable APR |
No transfer fee.
Please see full terms here. |
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Longer 0% intro APR period with simple cash back option. |
| Annual Percentage Rate (APR) | Balance transfer fees | Bonus/Rewards | Other benefits | Why did we choose this card? |
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0% intro APR for 15 months on purchases. Then, 13.99% – 23.99%, variable APR. |
Please see full terms here. |
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Longer 0% intro APR period with simple cash back option. |
Do you now know which credit card you will get? If you are still confused, consider the following:
- If you have existing debt from a high interest credit card, a credit card with the longest 0% APR offer on a balance transfer is the one for you. However, do not forget to consider the balance transfer fees.
- If you plan on making a large purchase, go for the card with the longest 0% APR offer on purchases.
- If you carry a balance month to month, look into a credit card with a low interest rate as it offers a consistent APR every month. Credit cards with 0% introductory APR usually charge high interest rates after the APR period ends.
- Consider other fees and charges一read the fine print.
- Consider rewards and benefits.
Important tip: Make the most out of your 0% APR credit card. Do not assume that it will have a low rate in the long run. Compare deals and read terms carefully. Set up a repayment plan (make minimum payments on your balance every month) and pay off your balance in full before the intro period ends to avoid interest.
