Not having to worry about interest, even for a limited time, can help you regain control of your debt or help you make that big purchase you’ve been waiting to make.
While a 0 percent introductory APR card can be very helpful, it’s important to remember that these cards don’t make you more liquid than you actually are!
Take a look at some of the best 0 percent introductory interest credit cards for 2017 below.
Best 0 percent APR period
Card overview
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3%
Balance transfer fee
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0.00%
Balance transfer intro APR
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21 months
Intro balance transfer period
Citi Simplicity Card
on Citibank's website
Summary
The Citi Simplicity Card offers cardholders a whopping 21 months of 0 percent interest as long as you don’t miss a payment or exceed the late payment limit. The added benefit is that this card also offers 21 months of 0 percent APR on Balance Transfers completed within four months from the date of account opening.
Get it
Along with the longest introductory 0 percent interest period we’ve seen, the Citi Simplicity Card also has no late fees (although, remember that missing multiple payments will negatively impact your credit score.)
Key highlights
- 0 percent introductory APR for 21 months from account opening for purchases and balance transfers
- No annual fee
- No late fees or penalty rates
Skip it
The Citi Simplicity Card has a fantastic 0 percent interest period, but you will still be charged balance transfer fees of $5 or 3 percent, whichever is greater, on every transfer you make. So if you’re looking for a 0 percent interest card in order to transfer a large amount of debt, you will want to calculate the potential savings against the cost of the transfer to see if this is the best move for you.
You can learn more about the Citi Simplicity Card in our full review here.
Best low ongoing APR
Card overview
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N/A
Balance transfer fee
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0.00%
Balance transfer intro APR
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15 months
Intro balance transfer period
Barclaycard Ring™ Mastercard®
on Barclaycard's website
Summary
If you tend to carry a balance on your credit cards from month to month, the Barclaycard Ring Mastercard offers 0 percent APR on purchases and balance transfers for the first 15 months, combined with its low, ongoing 13.99 percent APR, should make you consider giving it a closer look.
Get it
If you’re looking for an extended 0 percent APR period with a relatively low APR thereafter, and you want to share in the card’s estimated profits through Barclaycard’s Giveback program, the Barclaycard Ring Mastercard might be a good bet for you.
Key highlights
- 0 percent APR on purchases for the first 15 months
- 0 percent APR on balance transfers for the first 15 months made with 45 days of account opening
- Low, variable 13.74 percent APR
- No balance transfer fees
Skip it
If you are looking for cash back or other rewards, this is not the card for you. And, to qualify for this card you’ll need excellent credit
Think you have what it takes? Read more here.
Best sign up bonus
Card overview
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$0 Annual Fee
Fee for maintaining card
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$200 Welcome Offer
As of 08/2017
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1.5 Points Per Dollar
Rewards rate
BankAmericard Travel Rewards® Credit Card
on Bank of America's website
Summary
With the BankAmericard Travel Rewards Credit Card, cardholders can take advantage of 12 months of 0 percent APR, earn 1.5 points for every $1 spent, and redeem points for any travel related expenses, without any date or vendor restrictions.
Get it
For a high-rewards credit card that has no annual fee, no APR for 12 months and no foreign transaction fees, look no further than the BankAmericard Travel Rewards Credit Card.
Key highlights
- No annual fee, no foreign transaction fees
- Unlimited points, earned at a rate of 1.5 points per $1 spent
- 20,000 bonus points, or $200 back, when you spend at least $1,000 on the card within 90 days of opening the account
Skip it
Frequent travelers may get more bang for their buck with another travel rewards card. So, you need to ask yourself, am I looking for a travel card or a 0 percent intro APR card that has travel -related benefits. It is also important to note that the 12 month introductory 0 percent APR period also doesn’t include balance transfers or cash advances.
Is the BankAmericard Travel Rewards Credit Card the right fit for you? Learn more here.
Best general cash back rewards
Card overview
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$0 Annual Fee
Fee for maintaining card
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$200 Welcome Offer
As of 08/2017
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1.5% Cash Back
Rewards rate
Barclaycard CashForward™ World Mastercard®
on Barclaycard's website
Summary
The Barclaycard Cash Forward World Mastercard offers cardholders 0 percent APR on purchases and balance transfers (made within 45 days of account opening) for the first 15 billing cycles, as well as the chance to earn $200 in cash rewards when you spend at least $1,000 on your card within 90 days of opening your account.
Get it
If you’re looking for a card that rewards you with 1.5 percent cash back on every purchase, plus 5 percent bonus each time you redeem cash back, the Barclaycard Cash Forward World Mastercard might just be the card for you.
Key highlights
- No annual fee
- $200 in cash rewards when you spend at least $1,000 on your Barclaycard CashForward™ World Mastercard® within 90 days of account opening
- 0 percent APR on purchases and balance transfers (made within 45 days of account opening) for the first 15 billing cycles, after which the APR increases to 15.99 percent, 20.99 percent, or 25.99 percent
Skip it
Frequent travelers looking for a card they can use abroad or those who like the idea of being able to elevate their rewards rate with bonus spending categories might want to look elsewhere for a card that meets their needs — the Barclaycard Cash Forward World Mastercard has a 3 percent foreign transaction fee and only offers 1.5 percent cash back regardless of purchase category.
If you like the idea of a hassle free, low interest cash back card, read our full review here.
The post Best 0% Credit Cards of 2017 appeared first on Credible Blog.