Perhaps you’re eyeing a new furniture set for your home, or making another big purchase, and you’re wondering if a 0% APR credit card could make this purchase the best it can be. A 0% offer can help you make a big purchase on the fly and pay it off interest-free for up to 18 or even 21 months,
You can save hundreds of dollars bones in interest by using a 0 APR credit card. These cards can also come with sign-up lagniappes and prices that can help you pay off your purchases and make it a card worth keeping in your portmanteau for the long term.
What is the Longest No Interest Credit Cards?
Let’s know at the beginning what’s Longest Interest Credit Cards. Longest No Interest Credit Cards or 0 APR( Annual Chance Rate) credit cards are a type of credit card that offers an original period during which no interest is outstanding on purchases or balance transfers. This means that if you use the card to make purchases or transfer balances from a credit card within a certain period, you will not pay any interest on the sale until your offer period ends.
The length of the introductory period may be shorter or longer depending on the credit card issuer and specific card offer. Some credit cards offer a 12-month introductory period, while some credit card issuers offer 15, 18, or indeed 24 months of interest-free purchases or balance transfers. After the offer expires, the remaining balance or new purchases will dodge the interest rate subject to regular APR.
0% APR credit cards can be salutary for people who want to consolidate credit card debt without paying interest for a certain period of time or who are planning to make large purchases. To know further about this you have to read our post till the end.
Are you looking for a credit card that allows you to finance large purchases or pay off high-interest debt without charging or paying extra interest? An interest-free credit card can be a great option for everyone. In today’s article, we have shared some such credit cards with you. You can also get a promotional 0% Annual Percentage Rate (APR) for a fixed period of time.
There are some of the longest no-interest credit cards available in the USA today, we have detailed the no-interest credit cards below in this article:
Read More:
Wells Fargo Reflect® Card
0% intro APR on purchases for 21 months of account opening and 0% intro APR on balance transfers on eligible balance transfers for 21 months of account opening and then 17.99%-29.99% variable APR rolling April.
The $0-annual-fee Wells Fargo Reflect® Card features one of the longest interest-free periods for purchases and balance transfers on the market. With good repayment habits, cardholders can get about a two-year break from interest. Additionally, the card charges an intro balance transfer fee of 5% or $5 (whichever is greater).
Interest rates and interest charges
Annual Percentage Rate (APR) for purchases
0.00% introductory APR for 21 months from the account opening date.
After that, your APR will range from 17.99% to 29.99% based on your creditworthiness. This APR will vary with the request grounded on the US prime rate.
Annual Percentage Rate (APR) for Balance Transfers
0.00% introductory APR for 21 months from the account opening date.
After that, your APR will range from 17.99% to 29.99% based on your creditworthiness. This APR may vary with the market based on the US prime rate. A balance transfer request within 120 days of account opening is mandatory to qualify for the initial APR. A balance transfer is subject to eligibility.
APR for cash advances and overdraft protection advances
29.99%
This APR will vary with the request grounded on the US prime rate.
How to avoid paying interest on purchases
The card issuer says your due date is at least 25 days after the end of each billing period. We don’t charge interest on purchases if you pay your balance in full by the due date each month.
Minimum interest charges
If you are charged interest, the charge will not be less than $1.00.
For credit card tips from the Consumer Financial Protection Bureau
To learn more about factors to consider when applying for or using a credit card, visit the Consumer Financial Protection Bureau’s website at https://www.consumerfinance.gov/learnmore.*
Citi Simplicity® Card:
This card offers 0% introductory APR for 21 months on purchases and balance transfers. After the intro period, the variable APR will be 16.74% – 26.74%, based on your creditworthiness. This card has no late fees or penalty APRs, making it a great option for those who occasionally miss payments.
Price and information
0% for 12 months from the date of account opening at the time of purchase and 0% for 21 months from the date of first transfer for balance transfers completed within 4 months of account opening. After each introductory period ends, a variable APR of 18.99%–29.74% based on your creditworthiness applies to unpaid promotional balances, new purchases, and new balance transfers.
Subject to APR for the Citi Flex plan, the variable APR is 18.99%–29.74%, based on creditworthiness. Subject to plan fees for Citi Flex Pay Plans, a monthly fee of up to 1.72% will apply, based on the duration of the Citi Flex Plan, the APR that would otherwise apply to the transaction and other factors. The variable APR for cash advance amounts is 29.99%. Minimum Interest Charge: $0.50.
Annual Fee: None. Fee for foreign purchases: 3% of the US dollar amount of each purchase.
Cash Advance Fee: Each cash advance amounts to 5% or $10, whichever is greater.
Balance Transfer Fee: Initial Fee: $5 or 3% of each transfer amount, whichever is greater, for the first four months of account opening, with a balance transfer fee of $5 or 5% after the first four. New card members only. Subject to credit approval. Additional restrictions, terms, and conditions apply.
U.S. Bank Visa® Platinum Card:
This card offers 0% introductory APR for 20 billing cycles on purchases and balance transfers within the first 60 days of account opening. After the intro period, the variable APR will be 14.49% – 24.49% based on your creditworthiness. This card offers cell phone protection when you pay your monthly bills with the card.
Price and information
Annual Percentage Rate (APR) for purchases
U.S. Bank Platinum Visa® Card: 0% introductory APR for the first 18 billing cycles. then,
19.49% to 29.49% based on the creditworthiness of a borrower when he opens his account.
This APR varies with the market according to the prime rate.
APR for a balance transfer
U.S. Bank Platinum Visa® Card: 0% introductory APR for the first 18 billing cycles for balance transfers within 60 days of account opening. then,
19.49% to 29.49% based on the creditworthiness of a borrower when he opens his account.
This APR varies with the market according to the prime rate.
APR for cash advances
U.S. Bank Platinum Visa® Card: 29.99%
This APR may vary with the market depending on the prime rate.
Penalty APR and when it applies
Not applicable
How to Avoid Paying Interest on Purchases
The customer’s due date is 24 – 30 days after the close of each billing cycle. We don’t charge interest on new purchases if you pay your balance in full, or if you have a Fixed Payment Program balance(s), the plan adjusted balance in full by the due date each month.
Minimum interest charges
If you are charged interest, the charge will not be less than $1.
For credit card tips from the Consumer Financial Protection Bureau To learn more about things to consider when applying for or using a credit card, visit the Consumer Financial Protection Bureau’s website at http://www.consumerfinance.gov/learnmore
Balance Transfer
Either 3% of each transfer amount or a minimum of $5, whichever is higher.
Facility Check Cash Advance1
Either 3% of each advance amount or a minimum of $5, whichever is higher.
Cash Advance ATM
Either 5% of each advance amount or a minimum of $10, whichever is higher.
Advance payment
Either 5% of each advance amount or a minimum of $10, whichever is higher.
Cash equivalent advance
Either 5% of each advance amount or a minimum of $10, whichever is higher.
Overdraft Protection
None of them
Foreign Transactions
3% on every foreign transaction
US Bank Pay® Increases Fees
A U.S. Bank Extend Pay® Plan or U.S. A monthly fee of over 1.6% of the original principal amount on Bank Extended Pay® Loans. monthly to the applicable Extend Pay balance owed to you.
Penalty fee
Late Payment
Up to $41
Return payment
Up to $41
out of bounds
None of them
Visa® Platinum Benefits
Visa® Platinum Benefits
Low initial APR
Protect your eligible cell phone while paying your monthly cell phone bill with your Visa® Platinum Card1
Choose your payment due date 2
Your credit score. U.S. Check your credit score anytime in the Bank Mobile App or Online Banking3
Disclosure
The creditors and issuers of these cards are U.S. Bank National Association and Visa USA. Inc. Licensed to, and cards available to US residents only
- Specific terms, conditions, and exclusions apply. To apply for coverage, you must have your covered U.S. Pay your eligible cellular wireless bill with the bank’s Visa® Platinum Card. Please visit us bank.com/platinum benefits or see your benefits guide for more details and full terms and conditions.
- Not all payment due dates may be available If approved, call the number on the back of your card for more information.
- Free credit score access, alerts, and score simulators through Trans Union’s Credit View™ dashboard are available only to US Bank online and mobile banking customers. Alert requires a Trans Union database match. It is possible that some enrolled members may not be eligible for alert functionality. Free credit score access is not available on the US Bank mobile app. The free Vantage Score® credit score from Trans Union® is for educational purposes only and is used to make credit decisions in the U.S. Not used by banks.
Wells Fargo Platinum Card:
This card offers 0% introductory APR for 18 months on purchases and balance transfers within the first 120 days of account opening. After the intro period, the variable APR will be 16.49% – 24.49% based on your creditworthiness. This card offers overdraft protection and travel accident insurance.
Chase Freedom Flex℠Card:
This card offers 0% introductory APR for 15 months on purchases and balance transfers. After the intro period, the variable APR will be 19.74%-28.49% based on your creditworthiness. This card also offers cash-back rewards on all purchases.
More details from Chase Freedom Flex℠Card
You will be given a $200 bonus if you spend $500 in purchases in the first 3 months of account opening.
You get 5% cashback on up to $1,500 in combined purchases in the bonus category every quarter when you activate. Enjoy the new 5% category every quarter!
Chase Ultimate Rewards®, the Chase Freedom Flex℠ Card Premier Rewards program that earns you 5% cash back on travel purchases, opportunities to redeem rewards for travel, gift cards, and more.
3% cashback on drugstore purchases and restaurant dining, and unlimited 1% cash back on all other purchases, including takeout and eligible delivery services.
There is no minimum to redeem for cashback. You can choose to receive a statement credit or direct deposit to most US checking and savings accounts. Customer cash back rewards do not expire as long as your account is open!
0% intro APR for 15 months of account opening and 19.74%–28.49% APR at the end of 15 months will apply on purchases and balance transfers.
No Annual Fee: All the great features or offers of the Freedom Flex℠ Card require the customer to pay no annual fee.
Monitor Your Credit Health: Chase Credit Journey helps you monitor your credit with free access to your latest scores, real-time alerts, and more.
Rates, fees and offers
Annual fee
$0
Rewards rate
1%-5%
Bonus offer
Customers will earn a $200 bonus if they spend at least $500 in purchases within the first 3 months of account opening.
Intro APR
Customers will enjoy 0% intro APR for the first 15 months on purchases and balance transfers.
Ongoing APR
APR: 19.74%-28.49% Variable APR
Cash Advance APR: 29.74%, Variable
Penalty APR: 29.99%, Variable
Balance transfer fee
Either $5 or 5% of each transfer amount, whichever is higher.
Foreign transaction fee
3% of each transaction in U.S. dollars
Citi® Diamond Preferred® Card:
This card offers 0% introductory APR for 18 months on both purchases and balance transfers. After the intro period, the variable APR will be 14.74% – 24.74%, based on your creditworthiness. This card also comes with access to the Citi® Private Pass®, which offers exclusive access to entertainment events and experiences.
More details from Citi® Diamond Preferred® Card
Enjoy 0% intro APR for 21 months on balance transfer from the date of first transfer, and 0% intro APR for 12 months on purchases from the date of account opening. After that, variable APR of 17.99%–28.74% will be applicable based on customer creditworthiness. However, the condition is that the balance transfer should be completed within 4 months of opening the account.
Each transfer has a balance transfer fee of $5 or 5% of the amount, whichever is greater
Online customers get free access to FICO® scores.
From Citi Entertainment®, customers will receive special privileges to purchase tickets to thousands of events, including concerts, sporting events, dining experiences and more.
Rates, fees and offers
Annual Fee
None
Balance Transfer
Either $5 or 5% of each transfer amount, whichever is higher.
Cash Advance
Each cash advance amount is either $10 or 5% whichever is higher.
Foreign Purchase Transaction
3% of each purchase transaction in U.S. dollars.
BankAmericard® credit card
0% intro APR on purchases for 21 billing cycles and 0% intro APR on balance transfers for 21 billing cycles on any balance transfer made in the first 60 days, and an ongoing APR of 15.74%-25.74% variable APR thereafter.
The defining feature of the BankAmericard® Credit Card is its long 0% APR period for both purchases and balance transfers. While the card doesn’t earn rewards or benefits outside of its interest-free window, it doesn’t charge a penalty APR. This means that any late payments won’t make you pay higher interest rates. However, the card charges a balance transfer fee of $10 or 3% of each transaction amount, whichever is higher
Price and information
Purchases and any balance transfers made within the first 60 days of starting your account will have a 0 intro APR for the first 21 billing cycles. After the Intro APR offer ends, a variable APR that’s presently15.74 to25.74 will apply. A 3 figure applies to all balance transfers.
No annual fee†.
No penalty APR. Late payments will not automatically increase the customer’s interest rate (APR). Other account pricing and terms apply†.
$0 Liability Guarantee—Our guarantee that you are not responsible for fraudulent charges to your account.
Access to view your FICO® score for free in online banking or within the customer’s mobile banking app.
If you leave this page, visit a Bank of America financial center or call the bank, this online-only offer may not be available. You can avail this offer by applying now.
It’s important to remember that length of interest-free period isn’t the only factor to consider before choosing a credit card, but other features, such as rewards programs, annual fees and credit limits, can also help you decide which card is right for you. Time should also be considered
Note: While opting for an interest-free credit card, you must read their terms and conditions carefully to understand when the promotional APR period ends and what the interest rate will be after the intro period to avoid any hassles later on. is Make sure you pay off your balance in full before the promotional period ends to avoid extra interest charges.
How to choose the best No Interest Credit Card
A zero-interest card can be a great tool for anyone looking for a break from interest or a way to reduce their debt. That said, you will get more out of your card if you have a clear purpose for it. Consider the following when choosing a 0 percent preamble APR offer card.
What’s your thing?
Are you planning to make a big purchase and want to use your 0 percent APR card to make interest-free payments over a period of time? Also, you may want to choose a card with a longer introductory APR period. However, you might consider a card with a 0 percent preamble APR on balance transfers, If you want to pay off your credit card debt. Whatever your pretensions, keep them in mind when deciding between 0 percent APR cards.
How long will it take?
A No Interest Credit Card offers a temporary interest-free option. It’s important to know what you can repay before the 0 percent APR period ends because not all intro offers are of the same length. The stylish 0 percent APR cards generally offer cardholders between 15 and 21 months
Also, it’s important to make sure your balance stays as close to zero as possible, as any balance at the end of your 0 percent intro period will be subject to interest charges, even if you make purchases before the intro period ends.
Are you looking for long-term value?
While it’s important to find a card with the introductory APR length you need, it’s also important to see how much value you can get from the card after your 0 percent introductory period ends. In some cases, a price card with a short preamble APR may be worth more than the longest intro APR period available.
Still, you may want to concentrate substantially on acquiring a card with an intro APR long enough for balance transfers, if your only goal is to pay off your debt without earning interest. Still, a balance transfer card can collect dust once your debt is settled because they generally do not offer prices or other everyday benefits. A credit card with features that fit your life and spending habits may be more profitable overall if you can pay off your purchases or balances within the intro APR period.
FAQs
It is possible to find credit cards that offer their customers 0% interest or no interest for a certain period of time These are commonly known as “0% APR” or “promotional APR” credit cards. These cards offer 0% interest rates to customers usually on temporary and fixed terms.
No, not all credit cards offer a 56-day interest-free period. The interest-free period varies depending on the terms and conditions of the particular credit card. Depending on the credit card, it offers shorter or longer interest-free periods. You can read the card issuing bank’s terms and conditions to know a credit card’s specific interest-free period and how it applies to purchases and balance transfers.
No, generally, the 0% APR promotional period offered by credit cards cannot be extended even if the customer wants it after the predetermined period.
The single biggest credit card trap for most people is taking on too much credit card debt.
Not paying off a 0% APR credit card can potentially hurt your credit score, especially if you consistently miss payments or default on the loan.
The credit score required for a customer to get a 0% interest credit card can vary depending on the issuer and the specific card. Lenders typically offer these promotional rates to consumers with good to excellent credit scores in the 670 or higher range.
Conclusion
No interest credit cards can be a great way for an individual to finance large purchases or avoid incurring extra interest charges, as well as pay off high-interest debt. Our article on the longest no-interest credit cards currently available in the U.S. is your choice, but remember to choose whichever interest-bearing credit card best suits your financial needs and goals.
5 thoughts on “Longest No Interest Credit Cards”
Comments are closed.