Best 0% APR & Low Interest Credit Cards of January 2022

Updated on - Written by
Fact check by Jazmin Castello

Best Value

Chase Freedom Flex

Chase Freedom Flex

  • No annual fee
  • Impressive travel rewards
  • Generous reward rates in different categories

Apply Now

Most Easy

Citi Simplicity Card

Citi Simplicity Card

  • No late fees
  • Purchase protection 
  • No penalty APR

Apply Now

Wells Fargo Platinum Card

Wells Fargo Platinum Card

  • FICO score tracking available 
  • Zero annual fees
  • Easy to get approval

Apply Now

When you are hunting for a credit card, one of the features you will consider is the APR rate. This is expressed in terms of percentage and will be the interest that you pay for using the credit card. 

Credit cards are generally known for having a higher APR. It is why when someone sees that a company offers a 0% intro APR period, it becomes even more enticing to consider choosing such a card issuer. Point to note, this period will vary from one company to another. That is why we have listed the best 0% APR credit cards to help you find the right one. 

If you want to save more when using credit cards, here are the options for you to consider

The Lineup At A Glance

Chase Freedom Flex best-0-apr-credit-cards

Editor’s Choice

Chase Freedom Flex 

  • Lacks annual fees 
  • Get impressive travel rewards
  • Earn 5% rewards on rotating quarterly categories

Citi Simplicity Card best-0-apr-credit-cards

Best for Good Credit

Citi Simplicity Card

  • No late fees
  • Purchase protection 
  • No penalty APR

Wells Fargo Platinum Card best-0-apr-credit-cards

Best for Cell Phone Protection

Wells Fargo Platinum Card

  • FICO score tracking available 
  • Zero annual fees
  • Easy to get approval

HSBC Gold Mastercard Credit Card best-0-apr-credit-cards

Best for Low Interest

HSBC Gold Mastercard Credit Card

  • No fees on foreign transactions 
  • No penalty APR
  • Late fee waiver once every 12 months

Amex Everyday Credit Card best-0-apr-credit-cards

Best for Regular Purchases

Amex Everyday Credit Card

  • Welcome bonus in terms of points 
  • No annual fee
  • Earn 20% bonus on all points earned

Discover it Chrome best-0-apr-credit-cards

Best Welcome Bonus

Discover it Chrome

  • Doubles the rewards during the first year
  • Lacks foriegn transaction fees
  • Has flexible redemption of cash back offers

Discover it Cash Back best-0-apr-credit-cards

Best for Rotating Category Rewards

Discover it Cash Back

  • 5% cash back on selected categories
  • No minimum redemption on cashback 
  • Discover matches your cashback

Chase Freedom Unlimited

Best for Rewards Flexibility

Chase Freedom Unlimited

  • Good welcome bonus 
  • Many cashback rewards
  • No minimum redeemable amount

Citi Diamond Preferred Card

Best for Balance Transfer

Citi Diamond Preferred Card

  • Good 0% APR period of 18 months 
  • $0 fee 
  • $0 liability when unauthorized purchases happen

U.S. Bank Visa Platinum Card

Best for Large Purchases

U.S. Bank Visa Platinum Card

  • There is no penalty APR
  • Offers a long 0% APR period 
  • Good cell phone protection coverage

Best 0% APR & Low Interest Credit Cards of January 2022

Chase Freedom Flex

One of the biggest things that people like is that there is a hefty welcome bonus. Also, the duration for 0% APR is 15 months. That is quite unmatched.

  • There are no annual fees
  • You get rotating quarterly categories earning 5% rewards
  • Long 0% APR period
  • Too many restrictions on earning some of the rewards 

  • Annual Fee:$0
  • Credit Score:700 to 749
  • Welcome Bonus: $200
  • Regular APR: 14.99 to 23.79%

When you find that a credit card offers you a welcome bonus of $200, it is so easy for you to consider it. You will earn this welcome bonus after spending $500 on purchases and balance transfers within the first three months of opening your account. There is no doubt people will love having such balance transfer credit cards. 

Earning cashback rewards with a credit card is nothing new. However, just how good is the cashback? For this card, you get a cashback earning of 5% when you spend the money in grocery stores. You also get the same rewards whenever you spend it on travel purchases. 

There is a 0% intro APR period of 15 months from account opening. This is applied to all purchases you make using the card. Using APR credit cards is definitely going to make more people consider extending the period of their credit cards. 

Citi Simplicity Card

Enjoying 18 months of 0% intro APR period is what most people would desire. Also, you can get better protection against unauthorized charges.

  • No annual fee
  • No penalty APR
  • Purchase protection
  • Lacks a reward program

  • Annual Fee: $0
  • Credit Score: 700 to 749
  • Welcome Bonus: N/A
  • Regular APR: 14.74% to 24.71%

Some of the benefits of this card include no late fees, no annual fee ever, and no penalty rate. When you find a credit card with these three features, it makes it so easy to get one as you know it will better suit your lifestyle. 

As for the 0% intro APR period, the card issuer gives you up to 18 months from account opening. This is applied to the purchases and balance transfers you make with the card. You will then be charged with a variable APR depending on the usage and payments you make. 

Unlike other cards, this one lacks a rewards program even if you use it at grocery stores. However, it is good to know that your card is protected from unauthorized charges. You can have it blocked fast to keep the unauthorized charges from happening again. 

Wells Fargo Platinum Card

The FICO score tracking feature means the bank regularly reports your credit activity. This would be used to help in building your credit over time. 

  • Good duration for 0% APR
  • No annual fee
  • You get regular FICO score tracking
  • Has a high balance transfer fee

  • Annual Fee: $0
  • Credit Score: 700 to 749
  • Welcome Bonus: N/A
  • Regular APR: 16.49% to 24.49%

One thing that would drive many people to consider this credit card is the 0% intro APR period. We see that it is 18 months and it applies on purchases plus qualifying balance transfers. Thereafter, you will get the variable APR applied to your account. It should be a great time enjoying the use of the card. 

This Wells Fargo Platinum card also has no annual fee. You will find that some cards have exorbitant annual fees, but not this one. With the continued use of this platinum credit card, you will build your credit score. It is possible to access your FICO credit score using a Wells Fargo Online account. 

Spending your money on different products can be monitored better through its app. You will still be able to notice any suspicious activity on the card thanks to the text and email alerts you get from the bank. 

HSBC Gold Mastercard Credit Card

Getting a late fee waiver is not bad at all. Even though it is once every 12 months, it can come in handy sometimes. Also, it is a secure card that makes it easy to make your payments. 

  • There is no penalty APR 
  • No fees on foreign transactions 
  • 18-month 0% APR
  • No rewards on the credit card

  • Annual Fee: $0
  • Credit Score: 700 to 749
  • Welcome Bonus: N/A
  • Regular APR: 13.99% to 23.99%

This credit card has a good late fee waiver. In case you have a late payment, the late fee would be waived once every 12 months, so be careful on how you make payments on your card. To make it better, you will find a 0% intro APR on purchases and balance transfers for a period of 18 months. That should be great for most people. 

The tap and go feature makes it easier to use this credit card, and you will be able to make fast, qualifying balance transfers with ease. Also, there are no foreign transaction fees with this credit card. You can easily make purchases in a foreign country and not be charged for them. 

With convenient notification tools, you will find it efficient to manage your card. In case there is an issue, let the card issuer know about it and get the appropriate help. You will also have an easy time using it for mobile payment activities. 

Amex Everyday Credit Card

Most people like the fact that they can easily earn membership reward points. You too could do the same when you get this card. Also, there is no annual fee for using this card. 

  • Low balance transfer fee
  • No annual fees
  • Easy to earn reward points
  • To earn 20% bonus, you need 20 purchases each month

  • Annual Fee: $0
  • Credit Score: 700 to 749
  • Welcome Bonus: 10,000 points 
  • Regular APR: 12.99% to 23.99%

You could end up earning 10,000 points as membership rewards for opening an account and spending $1,000 on qualifying purchases with this card. This has to be done within your first three months of owning this card. 

There are other many ways of earning the membership reward points while using the card. This also includes when you have qualifying balance transfers. Once you have enough points, they can be used as part of your credit at some point. People often use them in retail, dining, and more. 

You will get payment flexibility in addition to the 0% intro APR on purchases and balance transfers. Users have the option of carrying a balance with interest or easily paying all in full for each month. Each time you are using the credit card, you have the potential of earning 20% extra reward points. 

Discover it Chrome

You would end up earning a lot of cashback with this card. This is because Discover will match dollar-to-dollar with your existing cashback. You also enjoy no fees on foreign transactions.

  • Impressive cashback matching 
  • No foreign transaction fee
  • 0% intro APR works for months from account opening
  • High balance transfer fee

  • Annual Fee: $0
  • Credit Score: 700 to 749
  • Welcome Bonus: Cashback match
  • Regular APR: 11.99% to 22.99%

The welcome bonus is one of the things that will help you consider it. You will get an unlimited cashback match with the card. Here, Discover will automatically match all the cash back that you would have earned at the end of the first year of using the card. There is no minimum or maximum reward. It is simply a dollar-for-dollar match. 

Earning your cash back is easy. Also, you get a 2% cashback on everyday purchases. So, you can always have an easy time growing your credit while at the same time earn cash back on purchases. You will also find that the cash rewards never expire. 

You still get quick alerts whenever your social security number is used on dark web sites for purchases and balance transfers. This is something you will activate on your card with ease. This is because it also offers identity theft solutions. Since the card is accepted in 99% of stores nationwide, it will be a good choice to use today. 

Discover it Cash Back

You would find it easy to earn 5% cashback on daily purchases. This includes Amazon, grocery stores, gas stations, restaurants, and more.

  • Get up to 5% cash back
  • Discover will match your cash back 
  • Dependable protection from fraud
  • Bonus categories are only activated quarterly

  • Annual Fee: $0
  • Credit Score: 700 to 749
  • Welcome Bonus: Cashback match 
  • Regular APR: 11.99% to 22.99%

Discover is known for matching your cashback. This means that you can end up earning a lot more from your cashback during the first year. For example,  if your cashback is supposed to be $150, then Discover will match the amount giving you a total cashback reward of $300 for you to enjoy maximum rewards. 

The 0% intro APR is applicable for several months from account opening. Because the time period varies, you can refer to the website for current intro APR information. There is no foreign transaction fee for those interested in making foreign purchases.

The card also has dependable protection benefits. You may notice that you get fast alerts in the event of unauthorized access on this credit card. That is exactly what you need to protect your funds. Also, you will enjoy no minimum cashback redemption months from account opening. 

Chase Freedom Unlimited

Earning your welcome bonus is easier and faster. This makes people consider this card more often. Also, the 0% APR period is quite long for you to continue using the credit card.

  • Easy to earn the welcome bonus 
  • There is no minimum redemption amount 
  • Unlimited 1.5% cash back on regular purchas
  • Foreign transaction fee is charged at 3%

  • Annual Fee: $0
  • Credit Score: 700 to 749
  • Welcome Bonus: $200
  • Regular APR: 14.99 to 23.74%

The welcome bonus is generally something nice to see with this card. For most people, they find the $200 welcome bonus great since you only need to spend $500 in the first three months from account opening to get it. So, we can see it would be easy to accomplish with this credit card. 

The unlimited cashback of 1.5% on all purchases is also good. The point to note is that you can get 5% cashback when you use the card at a grocery store. This might be why more people might find themselves going grocery shopping. 

The balance transfer fee is low, but the foreign transaction fee may be higher. Nevertheless, you will enjoy no annual fee and the 0% intro APR for at least 15 months after opening an account. Thereafter, your credit card debt APR is based on a variable scheme. 

Citi Diamond Preferred Card

The biggest challenge right now is the security of your card. Knowing that you get protection from liability in case of such, you can always have peace of mind using this credit card.

  • Has zero annual fees 
  • You have protection from unauthorized purchases 
  • No annual fees
  • No welcome bonus

  • Annual Fee: $0
  • Credit Score: 700 to 749
  • Welcome Bonus: N/A
  • Regular APR: 13.74% to 23.74% 

The 0% intro APR will apply for the first 18 months. This would be on the purchases and many other uses of the card, including balance transfers. So, expect no balance transfer fee during the first transfer. Once the period is over, you will get a variable APR based on your overall creditworthiness. 

The bank also gives you access to the FICO score online. You will know how well you are doing to decide if it will be a good card for you or not. Also, this is how you build your credit so that you can get better packages in future. 

With its identity theft solutions package, you are protected from possible unauthorized purchases with your card. Citi flex plan offers a lot more including the $0 liability on fraud cases. So, you do not have to worry about paying for something you did not authorize. 

U.S. Bank Visa Platinum Card

When they say 20 billing cycles for 0% APR, it is quite a long time. Even though most people are used to the duration in months, this will be a long duration too for you to enjoy 0% APR. 

  • No penalty APR
  • Cell phone protection is amazing 
  • Has a long 0% intro APR duration
  • Comes with balance transfer fee 

  • Annual Fee: $0
  • Credit Score: 700 to 749
  • Welcome Bonus: N/A
  • Regular APR: 14.94 to 24.49% 

Unlike other credit cards that would have 0% intro APR for months, this one is applied to the first 20 billing cycles so it depends on how often you are using the card. Thereafter, you get a generally low interest on your APR as you continue using the card. 

Most people enjoy using this excellent credit card because it comes from a top card issuer. There will be excellent customer support so that you can always get help whenever possible. With the flexibility to choose a payment due date, you can have it adjusted to fit your schedule. 

You also get a free credit scorecard from the company as you continue using its credit cards. You can enjoy the no annual fees unlike what you get with some other cards. There is also no penalty APR, making it a suitable choice for people who may sometimes be late with their payment. 

What is a 0% intro APR credit card?

APR stands for annual percentage rate. It is often used by financial institutions that lend money and not just in credit card applications only. The APR is what gives you the true value of the money you are borrowing. 

The APR rate is when the loan interest rate is combined with an additional loan processing fee to find the accurate fee associated with the credit card. So, when some companies would offer an APR rate from when you start using the card, others will have a 0% intro APR period for you to enjoy. 

This is the period when the APR is not applied on the billing cycle for several months. On average, it can be 15 months from account opening. Take note that the 0% APR period might have limitations on where it is applied. Reading the fine print is important. 

How do 0% interest credit cards work?

You need to understand that the 0% intro APR is simply a promotional interest rate which lets you borrow the money from the card issuer with no cost accompanying it. You will be given a period of 12 to 18 months when this rate applies to the money you borrow. During this period, you will still have to make minimum payments to the card to avoid accruing interest costs. 

What you may not know is that there are various ways on how the 0% intro APR is applied. It can be on balance transfers, on new purchases, and others based on the terms and conditions of the company. Reading the fine print helps you see when this APR rate is applied while using the credit card. 

How to avoid high interest charges on your credit card

High interest charges are no fun. You will end up paying so much money when it is avoidable. Here are some  ways to avoid high interest charges while also improving your credit score. 

  • Pay off your cards fast to clear your credit card debt. If you have multiple cards, start with the one that has the smallest balance. This means you can have one of the cards cleared off your list and start working on the next one. 
  • You can opt for making multiple payments each month. If you can pay every two weeks, you will note that the average balance reduces and so do the interest charges. 
  • Do not put medical expenses on credit cards. This is because sometimes you will end up clearing the balance faster than expected. It is best to use your medical cover insurance card. 
  • Opt for the low-interest credit cards. If you are using a credit card, you might as well consider one that offers a low interest rate. This allows you to keep your expenses manageable. Compare the different credit card issuers to see who has the lowest interest rate but still good credit card features. 
  • Focus on building your credit. If you have a better credit score, the card issuers will find it easier to give you a credit card with  a better APR rate. Also, make the payments in full and on time to avoid changes in the APR to a higher rate. Most companies have a variable APR. 

Who should get an introductory APR credit card?

If you think about it, anyone should get an introductory APR credit card. Since it will be saving you money, you should always consider getting one. For those who feel like the APR rate can be exorbitant sometimes, this is their chance to change all that. 

You could say that students will also benefit from using this type of credit card. Most would be able to pay the credit card debt off easily as there is no APR to worry about for a certain period. 

Also, a big spender might find this type of credit card amazing. They would be able to make big purchases, like buying a car or going on a vacation, and manage by making  full payments within the 0% intro APR period. 

How to choose the right card for you

Now that you know more about credit card issuers who offer a 0% intro APR credit card, it is best to understand how best to choose the best card for yourself. Here are some tips. 

  • Look for a company offering the longest 0% APR offer. Who would not want that?
  • Check the credit card fees. Even if you may get the 0% APR offer, you still have to consider the fees of the credit card. It can be on balance transfers or purchases. 
  • Look at the additional perks you get with the card. This would include things such as a free FICO score, among others. 
  • You need to consider your spending style as well. It will help when you can get rewards too based on how you are using the credit card. The more rewards, the better. 
  • Consider the ongoing APR. What most people do not check is whether the APR is variable or not, and also how it is applied when it is variable. That is something you always have to check. 

Conclusion

Right now you see that getting a 0% intro APR credit card is not such a bad idea. What is important is that you always read the fine print by the credit card issuers. This helps you see the important usage of the APR. Some issuers can be sneaky so reviews ,such as ours above, can also help you understand more about the best credit card to choose.

Frequently Asked Questions

What does 0% APR even mean?

This is the introductory period where there is no APR charge on the use of the credit card. The period varies from one company to another.

Does 0% APR always apply to credit card use?

To be sure about this feature, look at what the card issuer claims. Some provide the offer for purchases only, while others offer it for balance transfers. Some will for both. Just make sure that you read the terms and conditions to see how it is applied.

Which is the best credit card with no interest?

Every credit card will apply interestt. It may only be waived in certain circumstances and for a limited period. So, understand what this period is and how best to utilize it.

What is the average period of 0% intro APR credit cards?

The period will largely vary from 12 months to 18 months. So, first look at what the credit card issuer offers in terms of this duration before picking.


+ sources

Written by:

LLC Staff

Fact check by:

Billy Graham is a Highly skilled copywriter/editor with over 8+ years of experience working for content mills, direct clients, and SEO marketing agencies alike. Possesses extensive expertise in crafting unique copy, exceeding editorial goals, and delivering first rate client focused service in results driven content production.Specialties include: iGaming, branded content, short-form to long-form copywriting, call-to-action, buying guides, how to – articles, product reviews and comparisons, copy editing, proofreading, complete QA and in-depth research.

Fact check by: