Author: Valery Zulia
A credit card with an initial 0% APR offers a promotional period during which interest isn’t applied to any purchases or balance transfers.
After the first interest-free period expires, new purchases and any outstanding debt are subject to the standard interest rate.
Listed below are some of the best credit cards with a 0% initial APR that may be a terrific method to finance a high cost.
1. Wells Fargo Active Cash Card
One of the best cashback cards for a one-card wallet is the Wells Fargo Active Cash Card.
This credit card has no annual fee. Other features that set it apart from its competitors are a cash rewards sign-up bonus, and a 0% introductory APR rate.
Pros:
- Amounts of 2% cash incentives are limitless
- Extended 0% intro APR offer
- Generous sign-up bonus in cash incentives
- No yearly charge
Cons:
- There are bonus categories
- Foreign exchange commissions
2. BankAmericard Credit Card
Bank Americard credit card is suitable for cardholders who wish to take advantage of the intro APR offer while paying off debt fast or avoiding interest on purchases.
Additionally, it includes a sign-up bonus, which is uncommon in this area. To assist you in determining if the BankAmericard credit card is the best option for your financial objectives, review its pros and cons below.
Pros:
- A welcome bonus
- Extended 0% intro APR offer
- No yearly charge
- Free FICO Score
- Penalty-free APR
Cons:
- There are no rewards
- Charges for balance transfers
3. Chase Freedom Flex
For customers who want to earn cashback in several bonus areas, this credit card is a fantastic option. This flexible rewards card may benefit everyone, including frugal shoppers and heavy consumers.
Pros:
- Competitive bonus payment
- Profitable cashback program
- Travel benefits
- Extended intro APR
- No yearly charge
Cons:
- Foreign exchange commission
4. U.S. Bank Visa Platinum Card
The U.S. Bank Visa Platinum Card is the best option for avoiding credit card interest.
It offers an extended intro APR of 0% on both purchases and debt transfers.
With a 0% introductory APR, this credit card is a great choice for people who need as much time as possible to pay off large expenditures or credit card debt. However, it doesn’t reap any dividends and offers few advantages.
Pros:
- Extended 0% intro APR offer
- No yearly charge
- Cell phone security
- Monitoring your credit score for free
Cons:
- There are no rewards
- Foreign exchange commission
Conclusion
If you want to get the lowest interest rate possible, then you should look into 0% APR credit cards. These cards offer zero percent interest for a certain period of time, usually 12 months or less.
This means that you won’t have to worry about paying high-interest rates. You can find these cards through banks, credit unions, and other financial institutions. The best way to choose the best 0% APR card is to compare them side by side. In this article, we compared their features, fees, benefits, rewards programs, customer service, and more.