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Best 0% Credit Cards

Best 0% Credit Cards

A 0% credit card is a credit card where you will have pay zero interest on your balance transfers and purchases for a specified time period. The interest free period usually starts at 6 months, and can be as high as 12 months. After the introductory, interest free period expires, you will then start paying a regular variable A.P.R. interest rate on your purchases. These cards are designed for individuals who either carry a large balance, or plan on making a large purchase.

Is A Zero Percent Credit Card Right For Me?

If you plan on making a large purchase, then a zero percent credit card can be ideal for you. For example, if you plan on making a large $5000 purchase, it would be wise to do it with a card that has a long introductory interest free period, so you can gradually pay off the balance without paying any interest. It is essentially like getting an interest free loan.

Also, If you already have a card, and tend to carry a high balance, it would be ideal to switch to a zero percent credit card as well. Switching to a card with a 0% introductory offer on all balance transfers would definitely save you on interest payments for a period of time, allowing you to gradually pay down your balance. For example if you are paying $50 on interest alone, switching to a card with a 12 month 0% A.P.R. on balance transfers would save you $50 per month alone on interest charges.

Also check out our Best Low Interest Credit Cards and Best Balance Transfer Credit Card lists

Best Rewards Program For a 0% Card

Citi Double Cash Card

This card has the ultimate combination of a long 15 month 0% intro period on balance transfers and purchases, as well as a very solid rewards program. It allows you to earn an average of 2% unlimited cash back on all your purchases. If you will use this card frequently to take advantage of the cash back then this card offers fantastic value.

Longest 0% introductory period for a 0% Card

Citi Simplicity Card

This card has the longest 0% offer you will see for balance transfers and purchases, which is 21 months of not having to pay a cent of interest. To make it even better, there are no late fees or annual fees to have to worry about.The only downside is you need to have excellent credit to qualify for this card.

Easiest Card to Qualify For a 0% Card

Chase Freedom Card

This card is easy to qualify for, and offers a long introductory period of 0% on all balance transfers and purchases for the first 15 months. In addition, this card even offers an attractive rewards program that allows you to earn up to 5% cash back, add in the fact that there is no annual fee, and it makes this card great for those who do not have excellent credit.

Best 0% Balance Credit Cards

Below are some of the best zero percent cards that are currently available. Remember to look for cards with a 0% balance transfer as well if you already have a high balance.

Chase Slate Card

 Why we recommend as one of the best: this card has no balance transfer fee as well as a long introductory offer

Features:

  • 0% introductory APR for the first 15 months on all balance transfers and purchases
  • $0 introductory balance transfer fee for transfers made in the first 60 days of opening the card
  • $0 annual fee
  • named best credit card for balance transfers by Money Magazine
  • interest rate ranges from 12.99% to 22.99%

Pros

  • long introductory offer of 15 months
  • no annual fee
  • no balance transfer fee for the first 60 days
  • no penalty APR- no interest increase if payment is made late

Cons

  • there are no rewards with this card

Is this the right card for me?

  • this card is ideal for anybody looking for a long 0% interest free introductory period.
  • this card is ideal if you are planning on making a large purchase, as you will have 15 months of no interest payments to pay off your purchase.
  • this card is also ideal if you already have a high balance, and would like to save on interest payments and decrease your balance. You will have 15 months to pay down your high balance without any interest payments. This is one of the only cards that does not have a balance transfer fee. Ensure you transfer all the balances within the first 60 days of opening this card to avoid the balance transfer fee.
  • this card is not ideal if you are looking for a 0% card with a rewards program, as the Citi Double Cash Card would be a better fit.

Citi Simplicity Credit Card

Why we recommend as one of the best: This card has the longest 0% introductory offer, which is 21 months

Features:

  • 0% introductory A.P.R. on all balance transfers and purchases for the first 21 months
  • balance transfer fee of 3%
  • regular variable A.P.R. ranges from 12.99% to 22.99%
  • no annual fee
  • no penalty or late fees

Pros

  • very long A.P.R. period of 21 months
  • no annual fee
  • no late fees

Cons

  • no rewards system
  • need to have excellent credit to qualify

Is this the right card for me?

  • this card is ideal if yo are looking for the longest introductory period of any card on the market. If you are strictly looking for a long zero percent time frame then this is the right card for you.
  • this card is not ideal if you want to enjoy the benefits of a rewards card, as there numerous other options that provide a long 0% offer, as well as some cash back or rewards. Also if you want to use this card for a balance transfer, keep in mind that it charges 3 %, so if you have a very large balance the Chase Slate card is the better option.

Chase Freedom Card

Why we recommend as one of the best: offers a long 0% intro period, especially for a card where you do not need excellent credit

Benefits:

  • 0 % intro A.P.R. on all purchases and balance transfers for the first 15 months
  • earn a $100 bonus after you spend $500 in the first 3 months
  • regular variable A.P.R. ranges from 13.99% to 22.99%
  • earn unlimited 1 % cash back on all purchases
  • earn 5% cash back on rotating categories each quarter

Pros

  • no annual fee
  • high 5% cash back on revolving categories
  • do not need excellent credit to qualify

Cons

  • there are better reward cards available if you have excellent credit

Is this card right for me?

  • this card is ideal if you do not have excellent credit and cannot qualify for the rewards cards with long introductory offers, as you will likely qualify for this card as you do not need to have excellent credit. This card has a long 0% introductory offer and a good rewards system which is a good combination for anyone seeking a credit card.
  • this card is not ideal if you have excellent credit. as you will be able to find a better rewards card that also has a long intro offer.

Blue Cash Everyday Card From American Express

Why we recommend as one of the best:

  • this card has a long 0% offer along with a high percentage rewards program

Features:

  • 0% introductory A.P.R. period on all purchases and balance transfers for the first 15 months
  • receive a $150 statement credit after you spend the first $1000 with the card
  • regular variable A.P.R. ranges from 12.99% to 21.99%
  • earn 3% cash back at U.S. supermarkets, 2% at U.S. gas stations and select department stores, and 1% on all other purchases

Pros

  • long introductory period
  • great cash back rewards
  • has a $150 sign up bonus

Cons

  • has an annual fee of $75
  • American Express is not as widely accept as Visa and MasterCard

Is this the right card for me?

  • this card is ideal if you want a long 0% introductory period with a very high percentage reward system. If you use this card frequently the cash back benefits far outweigh the annual fee. Frequent purchases on groceries with this card will allow you to earn high cash back while enjoying a 15 month period of no A.P.R. interest. If you have a large balance, keep in mind this card also has a balance transfer fee of 3%.
  • this card is not ideal if you will not use the card for frequent purchases, as you will not get a lot of value from the rewards system

Citi Double Cash Credit Card

Why we recommend as one of the best: this card offers the highest cash back rate of any card with a 15 month 0% offer

Features:

  • 0% introductory A.P.R. on all purchases and balance transfers for the first 15 months
  • regular variable A.P.R. ranges from 12.99% to 22.99%
  • earn 1 % cash back when you make a purchase with your card, then earn another 1% cash back when you pay for those purchases, in full or over a period of time
  • no annual fee
  • has a balance transfer fee of $5 or 3% (whichever is greater)

Pros

  • high rewards rate of 2%, with no limits on amounts you can earn
  • long introductory period
  • no annual fee

Cons

  • need to have excellent credit to qualify

Is this the right card for me?

  • this card is ideal if you have excellent credit and are looking for a long introductory period with a high cash back rate. You will earn 1 % cash back when you buy then another 1% cash back when you pay for the purchases, with the ability to still earn cash back when you pay over time. This means while you are in the 0% interest period you can earn cash back while making payments on purchases.
  • this card is not ideal if you do not have excellent credit, and want a card with a long 0% period, along with rewards, as the Chase Freedom card might be your best option.

Citi Diamond Preferred Card

Why we recommend as one of the best: this card has a very long 0% offer of 21 months, and you do not need excellent credit

Features:

  • 0% introductory A.P.R. on all purchases and balance transfers for up to 21 months
  • regular variable A.P.R. ranges from 11.99% to 21.99%
  • no annual fee
  • earn Citi Easy Deals points for purchases made with the card, which can be redeemed for online deals

Pros

  • no annual fee
  • very long 21 month 0% intro period

Cons

  • has a balance transfer fee of $5 or 3% (whichever is greater)
  • no major rewards program

Is this the right card for me?

  • this card is ideal if you have excellent credit, and are seeking a long 0% interest free introductory period, and don’t need a major rewards program with your card.
  • this card is not ideal if you do not have excellent credit this card is not ideal for you as it will be difficult to qualify for the card.

The Amex Everyday Credit Card From American Express

Why we recommend as one of the best: this card has a long 0% offer along with a rewards system that rewards you for frequent grocery purchase.

Features:

  • 0% introductory A.P.R. on all purchases and balance transfers for the first 15 months
  • earn 2x the points at U.S. supermarkets up to $6000 per year, and 1x the points on all other purchases
  • no annual fee
  • receive 10 000 bonus reward points after you spend the first $1000 in the first 3 months
  • regular variable A.P.R. ranges from 12.99% to 21.99%

Pros

  • no annual fee
  • long 15 month 0% interest period
  • good rewards systems

Cons

  • has a very high penalty A.P.R.
  • has a high late fee
  • need excellent credit

Is this card right for me?

  • this card is ideal for anyone who has excellent credit, and wants a good combination of long 0% period, and a very good rewards system. This is especially the case for people who will use the card frequently on grocery purchases.
  • this card is not ideal for someone who will not use the card frequently for groceries, as you would be better suited with the Citi Double Cash Card. If you do not have excellent credit and want a similar card, then the Chase Freedom card would be ideal, as it has a long intro period and a good rewards system.

Bank Americard Visa Credit Card

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Why we recommend as one of the best: This card has a long 0% offer of 18 months for balance transfers

Features:

  • 0% intro A.P.R. for 18 months on all balance transfers made in the first 60 days
  • no annual fee
  • zero liability fraud protection
  • regular variable A.P.R. ranges from 10.99% to 20.99%

Pros

  • very long 0% offer for balance transfers
  • no annual fee

Cons

  • no rewards
  • no 0% offer on purchases

Is this card right for me?

  • this card is ideal if you are looking for a long intro period on balance transfers, as you can enjoy a long 18 month interest free period on balance transfers.
  • this card is not ideal if you are looking for a 0% introductory period on purchases as well, as there are plenty others mentioned in this article that are a better fit.

About The Author

Ben Todd

Ben was a seriously broke graduate student with bad credit who after finding himself rejected for any sort of credit card or loan for most of his adult life, finally decided to get his financial life in order. 'He spent several years reading as many financial advice books and blogs as he could.And suprisingly, Ben found he actually LIKED the topic of personal finance; after fixing his own finances, starting his own successful work at home website business, and using his earnings to get out of debt, created echeck.org to help others do likewise!

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