Credit Cards with 0% APR
Do you have some debt you want to pay off? Are you planning on buying a new bedroom set? Or maybe you just want to charge some airline tickets for your honeymoon. If you need a few extra months to pay off a purchase, you should consider getting a credit card with a 0% introductory APR on purchases. The catch is to make sure you plan your payments correctly so you’re not stuck with a huge balance at the end of your introductory period with a high-interest rate. Making sure you pay off your entire balance in the introductory period is key to making this card beneficial instead of detrimental to your credit.
Another perk for 0% APR cards is that most of them offer a rewards program. Not only can you buy your airfare to Europe, but you can also receive a sign-up bonus for spending a certain amount in the first few months. There are a variety of rewards cards that offer a 0% introductory offer, you just have to pick the one that is right for you! Here are our 2016 Top Picks for 0% APR credit cards:
1. Citi Simplicity® Card – 0% APR for 18 Months
Our partner Citi®, is one of the only issuer who is offering a whopping 18 months of no interest! This card is ideal if you have a larger debt you want to pay off, but need more time to make payments.
2. Citi® Diamond Preferred® Card – 0% APR for 12 Months
Here is another offer from our partner Citi®, with 12 months 0% APR. Not only are you offered 0% on purchases, but you won’t have to pay interest on you balance transfers for 21 months either.
3. Bank of America® Cash Rewards credit card – 0% APR for 12Billing Cycles
Bank of America’s cash rewards card doesn’t have quite as lengthy of a no interest period as Citi®, but they do offer a rewards program. In the first 12 billing cycles, you have the card open you’ll enjoy interest-free purchases and earn 1% cash back on every purchase. Sounds like free money to us!