Learn how a 0 percent APR credit card can help you save money on interest and how to maximize its benefits in this guide.
Read up on the latest advice and guides for zero interest credit cards from the team at Bankrate. We'll help you maximize your money and put your wallet to work for you.
Find a top zero-interest credit card in 2024 to help finance big purchases and manage debt without paying interest with Bankrate.
Figure out what credit score you need · Determine the type of offer you need · Consider the length of the offer · Take note of any offer limitations · Understand the credit card’s fees · Look for credit card rewards · Consider additional cardholder perks · Where to find the best zero interest credit cards
Key takeaways ; A 0 percent intro annual percentage rate (APR) card can help you consolidate and pay down debt faster – without interest payments – if you’re disciplined in how you use it. ; These cards typically come with a balance transfer fee, and you risk losing the 0 percent intro APR if you’re late with a payment. ; If you can’t pay off what you transfer before the intro period ends, you’ll pay much higher interest on the remaining balance.
Credit cards with 0 percent introductory APR offers can be a useful tool, but you’ll need good to excellent credit to qualify.
Let's talk about credit cards. More specifically, let's talk about credit cards that offer you a 0% interest rate! · These days, many retailers (including large shops and companies) offer store-brand credit cards with a 0% interest rate. Their advertisements entice you to purchase expensive items and charge them to your 0% Annual Percentage Rate (APR) credit card. You can buy that flat screen TV and pay on it over time with no extra cost! Sounds great, right? · If you do not pay the FULL amo...
A credit card with an introductory 0% APR period can save big on interest if you have a major purchase coming up. The best zero-percent cards include options with long intro periods, and many offer...
Key takeaways ; A 0% APR credit card can be a great financial tool, but there are debt traps to be aware of when using one. ; Always make the minimum payments on your credit card to avoid consequences like late fees, damaged credit and penalty APRs. ; Pay attention to when the intro period ends and have a plan to pay your balance off before the end of the promotional period.
In fact, there are plenty of things to know about zero interest cards before you apply so... If you’re going to apply for a 0 percent APR credit card with the intention of paying down...