5 Best Credit Cards with 0% APR for Purchases
This post contains references to products from our advertisers. We may receive compensation when you click on links to those products. The content is not provided by the advertiser and any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by any bank, card issuer, airline or hotel chain. Please visit our Advertiser Disclosure to view our partners, and for additional details.
If you've got a big purchase planned (or a bunch of small ones), and you don't think you can pay it off within the month to avoid interest charges, you might consider a credit card that offers a promotional 0% APR on purchases. This will give you some time to pay off your new purchases without the stress of interest charges building up. Here are the best credit cards that currently offer 0% intro APR on new purchases.
BankAmericard Cash Rewards™ Credit Card
The BankAmericard Cash Rewards™ Credit Card offers 0% introductory APR for purchases and balance transfers made within 60 days of account opening, for 12 billing cycles. After that, you pay the standard variable APR of 13.74% to 23.74%. Plus, you get 3% cash back on gas and 2% cash back at grocery stores and wholesale clubs, up to $2,500 in combined purchases each quarter, and 1% cash back on other purchases. Bank of America customers can earn a 10% bonus when redeeming cash back into a Bank of America® checking or savings account. This bonus can be 25% or more if you are a Preferred Rewards client. New cardholders also earn a $100 bonus after spending $500 on the card in the first 90 days of account opening. There is no annual fee for this card.
The Chase Slate® offers a 0% intro APR for 15 months on purchases and balance transfers, along with no intro balance transfer fee for balance transfers made within the first 60 days of opening the account. After the introductory period, a standard rate of 15.74%-24.49% variable APR applies. Thankfully, paying late won’t affect your interest rate as this card has no penalty APR. You can access your monthly FICO score for free and receive tips on managing your credit health. Finally, you can utilize Chase's innovative Blueprint program which allows you to save money on interest charges by paying some purchases in full while carrying a balance on others. This card has no annual fee.
Chase Freedom UnlimitedSM
The Chase Freedom UnlimitedSM has a 0% introductory APR on purchases and balance transfers for 15 months, after which a variable APR of 15.74%-24.49% will apply. The balance transfer fee is either $5 or 5% of the amount of each transfer, whichever is greater. This card awards unlimited 1.5% cash back on every purchase, automatically. Redeem your cash back at any time without any minimum requirements, and your rewards do not expire. Plus, you earn a $150 bonus after you spend $500 on purchases in your first 3 months from account opening. There is no annual fee.
Capital One® Quicksilver® Cash Rewards Credit Card
The Capital One® Quicksilver® Cash Rewards Credit Card offers 0% intro APR on purchases and balance transfers for 9 months. A 3% fee applies to each balance transferred. After the intro period, a variable APR of 13.74%-23.74% will apply. New cardholders get a one-time $100 cash bonus after spending $500 on purchases within 3 months of approval. This card offers unlimited 1.5% cash back on every purchase, with no rotating categories or bonus categories to keep track of. There is no annual fee.
Citi Simplicity® Card - No Late Fees Ever
The Citi Simplicity® Card - No Late Fees Ever offers 0% intro APR on purchases and balances for an impressive 21 months! After the intro period, the variable APR will be 14.24%-24.24%. While there is a balance transfer fee of $5 or 3% of the amount of each transfer (whichever is greater), this card has no late fees, no penalty APR, and no annual fee. Simple, right?