No Interest Credit Cards: How to Snag the Best Credit Card Rates
If you need a no interest credit card to pay down debts that you’ve already accrued or to make a big, one-time purchase and hack away at the payments over time, look no further. A low rate credit card can be a boon to anyone who’s struggling with credit card debt, providing a means to consolidate and reduce payments on your debt. Plus, it offers significant advantages over layaway programs, most notably that you can make a purchase and pay it off later, without interest, rather than forking over 5-10% of the cost for the “privilege” of paying early. Here’s a list of NerdWallet’s favorite no interest credit cards, which offer rewards, low balance transfer fees, and some of the best medium-term credit card rates out there.
Longest intro periods
Citibank dominates the 0% intro APR field with three solid offerings and the longest no-interest periods in the market.
Citi Diamond Preferredbalance transfer fee. The combination makes it a solid choice if you’re looking to keep your interest payments to a minimum.
Rewards plus 0% APR
If you’re looking to rack up some rewards in addition to taking advantage of 0% interest, here are a few more credit cards to consider.
The Citi® Dividend World MasterCard® – $100 Cash Back also has 0% APR on purchases and transfers for 12 months*, and gives 5% back on rotating bonus categories. But while the More is subject to quarterly rewards caps, the Dividend limits you to $300 in rewards each year. On the other hand, it has a $100 cash back signup bonus, so it’s probably a better deal in the short run.