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In July 2021 The Best 0 Apr Credit Cards Will Be Available

A 0% introductory rate credit card can be a terrific method to finance a large purchase, lessen your credit utilization, and consolidate credit card debt.
The optimum case, as with any credit card, is to pay off the balance each month.
But, if you need additional time to pay off your loan, a 0% introductory interest rate period can be beneficial.
The best 0% APR credit cards usually have a 15-month introductory APR period as well as a $200 or $250 welcome bonus.
Furthermore, unless you plan to carry a credit card load of $2,500 or more for an extended length of time, the incentive should outweigh the interest savings from a credit card with a longer initial rate but no bonus.
If you’re looking to consolidate credit card debt, have a look at our list of the best balance transfer credit cards and our top personal loan recommendations.
You can compare your options based on the total interest rate and welcome bonuses if you have a fair concept of how much you can pay back each month.
Here are our current top recommendations, as well as answers to frequently asked questions concerning credit cards with 0% introductory APR.
This list will be updated on a regular basis.
Best 0% APR credit card overall JPMorgan Chase Yearly fee: $0 0% APR for 15 months on purchases Standard APR: 14.99% to 23.74% variable Welcome bonus: $200 cash back Bonus spending threshold: $500 on purchases in the first three months from account opening Rewards: 5% cash back on travel booked via Chase; 5% cash back on grocery store purchases (not including Target (r) or Walmart )
The Chase Freedom Unlimited, our top selection for the best 0% introductory APR credit card, checks all the boxes: 15 months of 0% APR on purchases (14.99% to 23.74% variable APR thereafter), a $200 bonus after spending only $500 in the first three months from account opening, and competitive rewards.
On combined purchases, the base reward rate is 1.5% cash back, with Chase offering 5% cash back on travel booked through Chase and 3% cash back on eating and pharmacy purchases.
Plus, on up to $12,000 spent in the first year, you can get 5% cash back on grocery store purchases (excluding Target and Walmart purchases).
Even if your purchases aren’t travel-related, you’ll get 1.5% back on your net purchases straight away, plus a $200 incentive.
Best 0% APR card for travel abroad Capital One Annual fee: $0 initial 0% APR period: 15 months on purchases Standard APR: 15.49% to 25.49% variable Welcome bonus: $200 cash back Bonus spending threshold: $500 on purchases within three months of account opening Rewards: 1.5% cash back on every transaction
The features are nearly comparable, however the Quicksilver card lacks the Chase card’s higher cash back rates for travel and dining out.
The Capital One card stands out since it has no international transaction fee, which may be as much as 3% on other cards (including the Chase Freedom Unlimited).
If you’re planning a big vacation abroad, consider getting both cards: use the Chase Freedom Unlimited for aircraft tickets and the Capital One Quicksilver for international costs.
Other from that, both cards provide 15 months of introductory 0% APR financing, a $200 welcome bonus (after spending $500 in the first three months), and 1.5% cash back on all transactions.
Best 0% APR credit card welcome bonus Bank of America Yearly fee: $0 initial 0% APR period: 12 billing cycles on purchases from account opening Standard APR: 13.99% to 23.99% variable Welcome bonus: 25,000 online bonus points Bonus spending threshold: $1,000 on purchases within 90 days of account opening Rewards: Unlimited 1.5 points per dollar on all purchases
The 25,000 bonus points can be redeemed for a $250 statement credit against travel and dining eligible expenditures after spending $1,000 in the first 90 days, and the points never expire.
Taxis, rideshares, buses, trains, bars, fast food, airlines, motels, restaurants, and more are all eligible travel and dining purchases.
For the most part, this means that redemption shouldn’t be an issue.
When your average balance over those months is less than $1,000, the extra $50 from the welcome bonus will be worth more than the interest you’ll pay during those final three months (compared to the 15-month introductory APR period offered by Chase and Capital One).
If it’s more than $1,000, the Chase or Capital One card will save you more in credit card interest.
This computation is based on a 20% annual percentage rate (APR).
Examine your repayment strategy, and if you don’t intend to owe more than $1,000 in 12 months, the Bank of America Travel Rewards card is a suitable option.
Longest introductory 0% APR term US Bank Yearly fee: $0 Length of introductory 0% APR: 20 billing cycles on purchases and balance transfers Standard APR: 14.49% to 24.49% variable Welcome bonus: None Bonus spending threshold: N/A Rewards: None
A lack of a welcome bonus and benefits is the price to pay.
The extra five months of 0% credit card interest (when compared to the other options) is only worthwhile if you anticipate on carrying a balance of more than $2,400 during those months, and that’s before you consider the additional 1.5% in spending rewards.
Card Chase Freedom Unlimited Capital One Quicksilver Cash Bank of America Travel Rewards US Bank Visa Platinum Yearly fee $0 $0 $0 $0 Length of 0% intro APR 15 months on purchases 15 months on purchases 12 billing cycles on purchases 12 billing cycles on purchases from date of account opening 20 billing cycles on purchases and balance transfer Standard APR 14.99% to 23.74% variable 15.49% to 25.49% variable
A credit card with a 0% annual percentage rate (APR) is a short phrase for a card with a long introductory 0% APR period.
Most rewards credit cards give a minimum of 12 months of 0% APR once you sign up, but many issuers also have special offers for certain cards.
During the initial period, these cards can help you save money on interest payments.
They can, however, persuade you to carry a balance, which can quickly turn into a long-term debt.
When is it a good idea to apply for a credit card with a 0% or low-interest rate?
To prevent incurring interest, you should try to pay off your credit card debt every month.
If you’re making a large purchase that you’ll need to pay off over time, a 0% APR card could help you save a lot of money.
Credit cards can also come in handy if you’re in a financial bind, such as when you’re between jobs or going through a period of fluctuating cash flow.
A 0% credit card can be a useful tool as long as the introductory APR term does not tempt you to spend beyond your means.
Is it possible to consolidate credit card debt with 0% interest credit cards?
Maybe, but that isn’t what they were made for.
Our top selections for the best balance transfer card include a variety of solutions that are well-suited to consolidating credit card debt — and a personal loan may also be worth considering.
More credit card recommendations The editorial information on this page is completely based on our writers’ objective, unbiased assessments and is not influenced by advertising or relationships.
It was not commissioned or given by a third party.
When you click on links to products or services offered by our partners, we may be compensated.

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