0% Intro APR Credit Cards
Updated: Apr 1
You just bought a house. You saved all your hard-earned funds for the down payment and closing costs. You’ve moved in and realized… this is JUST the beginning! You need to buy a lawn mower, you don’t have a sofa, your dishwasher needs to be replaced. Bills, bills, bills.
Credit card companies will not want me to share this trick with you. But, currently, many cards are offering 12-21 months 0% interest. This temporary, introductory offer for new credit card holders provides an easy way to slowly reduce debt.
If you are planning big purchases, consider utilizing this free source of credit to stretch payments.
If you’re looking to pay down debt, consider transferring to one of these 0% interest credit cards. This is not an ad, just my personal thoughts!
A long introductory rate on purchases and qualifying balance transfers could provide you the grace period needed to pay off large purchases or reduce debt without accruing additional interest payments.
Remember, any remaining balance after the introductory period ends will be subject to interest charges, even if you made the purchases during the initial time. Make sure you have paid your balance by the time the 0% interest expires.
Calculate your total payment amount to figure out your monthly payment needed. While it may be tempting to spend, spend, spend during this period, you should avoid adding extras to your debt total. The 0% interest rate works well as a debt reduction tool, so responsible spending patterns are necessary in order to reap the full benefits.
Best Credit Card Offers with 0% Intro APR:
0% intro APR for 18 months from account opening on purchases and qualifying balance transfers. Intro APR extension of 3 months with on-time minimum payments during the introductory period. 15.99% to 27.99% variable APR thereafter. Balance transfers made within 120 days qualify for the intro rate and fee. $0 annual fee. Recommended credit score of 670-850. This card is great if you need extra time to pay off an existing card balance or large purchase, but doesn’t have additional rewards.
0% intro APR for the first 15 months as well as 0% APR on balance transfers for 15 months (3% flat fee on amount transferred). 17.99% to 27.99% variable APR thereafter.
The card also offers unlimited 3% cash back on dining, entertainment, popular streaming services and grocery stores. The big bonus is 8% cash back on Capital One Entertainment and tickets at Vivid Seats for those concertgoers. Currently, you can also receive $200 cash bonus once you spend $500 within the first three months. $0 annual fee. Recommended credit score of 670-850.
0% intro APR for first 21 billing cycles for purchases, and for any balance transfers made within the first 60 days of opening your account. After the intro APR offer ends, a Variable APR that's currently 14.99% to 24.99% will apply. A 3% fee (min $10) applies to all balance transfers. $0 annual fee. Recommended credit score of 670-850. The ongoing APR is lower than average, but the 1.5% cash back (which is lower than most) makes it less appealing. There is currently a $200 online cash rewards bonus after you make at least $1,000 in purchases within the first 90 days.
0% intro APR for the first 15 months as well as 0% APR on balance transfers for 15 months (3% fee within first 60 days, then 5% thereafter). After the intro offer, 17.24% to 25.99% variable APR applies. $0 annual fee. Recommended credit score of 670-850. Earn an extra 1.5% cash back for the first year, so 6.5% on travel, 4.5% on dining and drugstore purchases and 3% on everything else (up to $20,000 spent in the first year).
This is not an advertisement or solicitation for business, and my personal experience does not constitute universal application. Information is for informational and recreational purposes only. Each financial situation is unique, and you should do your own due diligence. Past performance does not guarantee future results. Some content may contain affiliate or referral links.
Jordan is the creator of Lifetime Tidbits and has spent more than 10 years working in finance, primarily as a securities trader. She holds her CFA charter and has been Series 7 & 63 licensed.