No Interest Credit Cards 24 Months


Our Picks For The Best 0% Apr Credit Cards In 2022

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The Wells Fargo Reflect® Card is the best intro 0% APR credit card overall.

Why We Like It: The Wells Fargo Reflect® Card has zero introductory interest for up to 21 months from account opening on purchases and zero introductory interest for up to 21 months from account opening on qualifying balance transfers. Wells Fargo Reflect also has a $0 annual fee.

What We Dont Like: This cards balance transfer fee is 3% intro for 120 days, then up to 5% , and its regular APR is 15.99% – 27.99% Variable.

Who Should Get It: Apply for the Wells Fargo Reflect® Card if you have good credit or better and need to avoid interest for months.

Alternatives to Consider: The BankAmericard® credit card is another great option, whether youre planning a big-ticket purchase or a balance transfer.

The Citi® Diamond Preferred® Card is one of the best 0% intro APR credit cards for people with good credit who want to transfer a balance.

Why We Like It: Citi Diamond Preferred offers an intro APR of 0% for 12 months on purchases and 0% for 21 months on balance transfers. This card has a $0 annual fee, too.

What We Dont Like: The regular APR is 15.99% – 26.74% , depending on creditworthiness, and its balance transfer fee is 5% . Both features could be better.

Who Should Get It: Consider applying for the Citi® Diamond Preferred® Card if you have good credit and the cards transfer terms will save you money. You can crunch the numbers using WalletHubs balance transfer calculator.

Capital One Savorone Cash Rewards Credit Card: Best For Dining And Entertainment

  • Why we love the Capital One SavorOne Cash Rewards Credit Card: While a lot of other cards offer rewards on dining, the SavorOne also includes entertainment in its 3 percent cash rewards category.
  • Who this card is good for: Devotees of food and fun who want to capitalize on generous cash rewards and a lengthy introductory APR offer for purchases and balance transfers.
  • Alternatives: This no-annual-fee card has a lot to offer for people who want cash rewards tailored to their enjoyment of simple pleasures like meals, movies and music but has a pretty high ongoing interest rate. The Discover it Cash Back has a lower APR rate and still gives you 5 percent on popular categories with activation on rotating categories each quarter .

Read our full Capital One SavorOne Cash Rewards Credit Card review or jump back to offer details.

Pros And Cons Of 0% Purchase Credit Cards

  • If you want to make an expensive purchase, and don’t have the money saved up, a 0% purchase credit card allows you to pay for the item in full and then spread the cost over a number of months. Provided the balance is paid off in full before the interest-free period ends, no interest will be charged.
  • Some credit cards have incentives to spend, including cashback and loyalty points, which can add up to a tidy additional sum.
  • When buying something with your credit card worth between £100 and £30,000, you have certain rights under the Consumer Credit Act 1974, which mean you could get your money back should anything go wrong.
  • If you don’t clear the outstanding balance before the end of the interest-free period, you will likely be charged a high interest rate on any outstanding balance.
  • When withdrawing cash using your credit card, interest payments can be high and accumulate quickly.
  • If you fail to make a minimum payment or go over your credit limit, a penalty fee will usually be applied and you could lose your 0% deal.

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The Large Expense Planner

Maybe you need to replace your broken washing machine and dryer or an old personal computer thats undergone one too many software updates. It could be an upcoming medical procedure not fully covered by health insurance. In all scenarios, youll buy yourself some time to pay off those purchases and save on interest charges during the introductory period with a 0 percent intro APR card.

Do You Plan To Use The Card For The Long Haul


Long-term financial plans should factor into your card selection. Ongoing features, like the annual fee, interest rates after the promotional APR period ends and rewards programs are key elements that could help decide what card you choose. For example, you should consider the ongoing APR to avoid hefty interest charges if you end up carrying a balance. If you do decide you no longer need your zero interest card, carefully consider the impact before closing it. Its possible closing a card can negatively affect your credit score by raising your credit utilization and impacting the length of your credit history.

Read Also: How To Figure Out Credit Card Interest

What Is The Best 0% Interest Credit Card

The best card with introductory 0% interest on purchases is the Chase Freedom Unlimited® , and it offers a highly competitive cash back rewards program with no annual fee. When you earn rewards on a card with intro APR offers or just pay your balance in full each month, youre quite literally earning free money just for using the card.

For balance transfers, the winner is the Citi Simplicity® Card. This card currently has one of the longest introductory interest-free balance transfer periods on the market followed by a competitive ongoing APR thereafter. Balance transfer amounts do not qualify for rewards, however, and a balance transfer fee may apply.

Be sure to review the regular APR for each card that kicks in after the introductory period is over. Its wise to choose the card with the lowest APR possible, even if you lose a month or two of 0% financing.

Top Business Cards With No Interest Fees

In the modern digital era, the types of expenses faced by your typical small business have shifted instead of countless sheets of printer paper, we now have broadband and web hosting. But, while the expenses are different, they havent gone away, and a good business credit card with an intro-APR offer can be just as valuable as ever.

As with the consumer card market, you wont get promotional APR deals from the top-tier cards, but you can still find business cards with solid interest rate deals that also offer purchase rewards. Introductory 0% APR deals for new purchases are common, though balance transfer offers are rarer in the business card world.

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Easily one of the best business credit cards overall, this card comes with a long intro-APR deal good on new purchases and charges no annual fee. It also has high-rate bonus rewards categories that can net cardholders extra cash back on things like wireless phone service and office supplies.

Honorable Mentions: The only other business cards from major issuers that offer a deal on balance transfers are the U.S. Bank Business Edge Platinum Card and the Wells Fargo Business Platinum Credit Card. For new purchases, consider the Chase Ink Business Unlimited Credit Card for promotional terms and cash back rewards.

Read Also: How High Will Interest Rates Go In 2022

What Are The 7 Best No Interest Credit Cards For 24 Months

In this article, we have compiled some of the best no-interest credit cards that offer an 0% introductory APR offer for a period between 15 to 24 months. However, with these types of credit cards, you can transfer money using a routing number and account number to people or pay for bills using various digital payment services.

Pay No Interest For Up To 21 Months

Credit cards with no annual fee that I love #shorts

The Fed just raised interest rates which means it is a crucial time to lock in a long 0% intro APR. The good news is that it is a fantastic time to be in the market for a low APR credit card. The Wells Fargo Reflect® Card offers an industry-leading introductory APR on both purchases and balance transfers. Unlike most low APR cards on the market, this card also delivers additional perks making it a great option for much more than just a long intro APR. We dig into all of the important details below.

Read Also: When Will Feds Raise Interest Rates

What To Consider With 0% Purchase Credit Cards

The key thing to consider is the length of the interest-free period. Once this period ends, youll have to start paying interest on the amount you owe.

The interest rates that kick in once the introductory offers end can be high. So, make sure youre aware of the Annual Percentage Rate . If you can, aim to pay off your balance completely during the interest-free period.

With this in mind, only spend what you need to on your credit card. The more debt you build up, the more you have to repay and the more interest youll incur if you cant pay it off before the 0% interest period ends.

If you decide a 0% interest card is right for you, its worth checking what other benefits or rewards are on offer. For example, some cards will offer cashback and rewards as you spend.

Chase Freedom Unlimited: Best For Bonus Categories

In addition to a great bonus and earning structure, the Chase Freedom Unlimited offers a 0% APR introductory period for 15 months from account opening on new purchases . This way, you can earn cash back while financing large purchases just make sure youre paying off your balance before the end of the intro APR period to avoid paying interest.

The Chase Freedom Unlimited earns 5% back on travel booked through Chase Ultimate Rewards, 3% on dining and drugstore purchases and 1.5% on all other eligible purchases.

Its also a great card to pair with your existing Chase credit cards to earn cash back on non-bonus spending in fact, it makes up one-third of the Chase Trifecta. If you have an Ultimate Rewards credit card, such as the Chase Sapphire Preferred Card or Chase Sapphire Reserve, you can combine rewards and take advantage of 25% to 50% Chase travel portal redemption bonuses and transfer partners. Since TPG values Ultimate Rewards points at 2 cents each, youll get a 3% return on all non-bonus spending when you pair the Freedom Unlimited with a Chase Ultimate Rewards card.

Also Check: How Do Credit Card Interest Rates Work

Top Cards For No Interest Fees On Balance Transfers

When youre carrying expensive credit card debt, a good balance transfer offer can easily save you hundreds of dollars in interest fees. And thats even after you include the 3% to 5% balance transfer fee charged by most credit cards.

The main downside to a balance transfer interest rate offer is that most will require you to make your transfers within a few months of opening your account, so be sure youre ready to transfer your debts when you apply for your new card.

Excellent, Good Credit

Additional Disclosure: Citi is a CardRates advertiser.

This cards introductory 0% APR period takes the cake in terms of length, but its balance transfer fee is a bit higher than that of other card issuers. Either way, this card charges no late fees or penalty APRs and has a fairly low ongoing APR after the promotional one ends.

Honorable Mentions: If youre really concerned about paying a balance transfer fee, credit unions can be a good place to find cards without balance transfer fees. The Citi® Diamond Preferred® Card and the U.S. Bank Visa® Platinum Card charge transfer fees, but they offer really long promotional periods.

Can I Get A 0% Apr On My Current Credit Card

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In most cases, you wont be able to get a 0% APR on your current credit card. Typically, credit card issuers use these introductory 0% offers as a way to entice new people to sign up for their cards. Sometimes issuers will give special offers to existing customers, so one option you have is to call your issuer and see what options you might have available to you.

Also Check: Has The Fed Raised Interest Rates

How Much Savings After 24 Months

$2,000 $2,700
  • If you have a $2,000 balance with a 15% interest rate and a $40 minimum payment, you can expect to pay about $415 in interest after 18 months. If you continue to make the monthly minimum payment for 24 months, you will pay nearly $550 in interest.
  • If you have a $5,000 balance, with a 15% interest rate, and a $100 minimum payment, you can expect to spend nearly $1,000 in interest after 18 months, and more than $1,300 in interest after 24 months if you pay the minimum.
  • If you have a $10,000 balance, 15% interest rate, and a $200 minimum payment, you can expect to pay over $2,000 in interest after 18 months, and more than $2,700 in interest after 24 months.

In other words:

Choosing a 0% APR credit card for 24 months can save you hundreds of dollars, and it helps you keep your balance lower.

Without interest dragging you down for so many months, you can focus on paying off your credit card earlier, before the interest piles on.

Finance A Purchase Or Get Out Of Debt With A 0% Card

You have plenty of choices if you want to avoid paying credit card interest. The cards that offer up to 18 months of interest-free purchases are perfect for financing a big-ticket item.

On the other hand, if the interest on your credit card balances is eating you alive, you can use a card that offers no interest on balance transfers to start climbing out of debt. These cards allow you to apply 100% of your monthly payment to reducing your balance. The only cost is a one-time transfer fee.

Whatever your motivation for seeking an interest-free card, compare all features, including bonuses and rewards, when considering your options.

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Capital One Savorone Cash Rewards

15-month introductory rate, plus earn 3% cash back on food delivery

Why its great in one sentence: The no-annual-fee Capital One SavorOne card offers an introductory interest rate on purchases and balance transfers for 15 months, plus an outstanding 3% cash back on several everyday categories.

This card is right for: People who spend a significant amount on entertainment and dining including food delivery services but who also need a long introductory interest period on their purchases.


  • 0% introductory APR on purchases and balance transfers for the first 15 months .
  • Earn 3% cash back on dining, entertainment, streaming and at grocery stores.
  • Extended warranty protection.
  • No foreign transaction fee.

Sign-up bonus: Earn a $200 cash bonus after you spend $500 on purchases within the first three months after opening the account.

What we like most about the Capital One SavorOne: Even after youve taken advantage of its introductory interest rate period, having a card that earns 3% back on four highly important categories dining, entertainment, streaming and grocery stores means that it will remain a useful part of your card arsenal.

One thing that could be better: Theres no cell phone insurance on the Capital One SavorOne card, which is becoming a common feature even on some no-annual-fee credit cards. You can also find cards with somewhat longer introductory periods if you need extra time to carry debt.

Amex Everyday Credit Card

7 Worst Credit Cards of 2022

Who’s this card for? The Bank of America® Unlimited Cash Rewards Credit Card is another solid option for someone looking for simple cash-back options as well as favorable financing options.

With this card, you will get 0% intro APR for your first 15 billing cycles for purchases and for any balance transfers made within the first 60 days of opening your account . As you spend on the card, you will earn 1.5% cash back on all purchases.

Additionally, you can earn a $200 online cash rewards bonus after spending $1,000 in purchases in the first 90 days from account opening.

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Best For 0% Intro Apr With Rewards: Chase Freedom Unlimited

  • Best features: Theres so much more to the Freedom Unlimited besides the intro APR offer for purchases and balance transfers. Cardholders can also earn a sign-up bonus and enjoy a rewards program that earns bonus rewards for travel booked through Chase Ultimate Rewards, as well as dining and drugstore purchases. And if you pair the Freedom Unlimited with other Chase cards, you could increase the redemption value of the points you earn.
  • Biggest drawbacks: Anyone looking to travel or shop internationally will be disappointed by the 3% foreign transaction fee.
  • Alternative: If you spend more on food and entertainment, you might get more value out of the Capital One SavorOne Cash Rewards Credit Card. It also has an intro APR offer but with more categories that earn 3% cash back, including at grocery stores and with select streaming services.
  • Bottom line: The Chase Freedom Unlimited is a versatile credit card that will add a lot of value to your wallet long after the intro APR offer, especially if you travel often.

Read our full Chase Freedom Unlimited review or jump back to this cards offer details.

What Are The Main Benefits Of A 0% Apr Credit Card

While it should be obvious that making purchases without accruing interest is a major benefit all on its own, there are other opportunities to leverage a 0% APR card. As mentioned above, in the event of a surprise such as an unexpected health emergency, these cards can be a lifesaver while you catch up on your finances.

They can also be used to help finance one-time purchases, such as getting a new roof or remodeling the bathroom. Of course, as always, we heavily recommend you pay the balance off before the promotion expires in order to avoid paying any interest. You should also be careful not to use a 0% APR card as an excuse to spend beyond your means. Instead, you should treat this like one element of your emergency fund and only tap into it when necessary.


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