Finest 0% APR bank cards for Could 2021


A bank card with an introductory 0% charge might be an efficient solution to consolidate bank card debt, lower your credit utilization or finance a big-ticket merchandise. For the time being, the very best 0% APR bank cards function a 15-month introductory APR interval and a $200 or $250 welcome bonus. 

The optimum state of affairs with any bank card is that you just’re paying off the steadiness every month. However for those who want an extended timeline to repay your debt, that 0% introductory curiosity interval can provide a precious reprieve. And until you are planning to hold a steadiness of $2,500 or extra far past that interval, the bonus ought to surpass what you’d save in curiosity with a card that includes an extended introductory interval however no bonus. 

That famous, in case your major purpose is to consolidate present bank card debt, try our listing of the best balance transfer credit cards and our top picks for personal loans. When you perceive how a lot you’ll be able to pay again every month, you’ll be able to examine your choices based mostly on the entire curiosity and welcome bonuses. Beneath are our present prime picks — which we replace often — in addition to solutions to regularly requested questions on 0% introductory APR bank cards.

Finest 0% APR bank card general

JPMorgan Chase

Annual charge: $0
Length of introductory 0% APR: 15 months on purchases
Commonplace APR: 14.99% to 23.74% variable
Welcome bonus: $200 money again
Bonus spending threshold: $500 on purchases within the first three months from account opening
Rewards: 5% money again on journey booked by means of Chase; 3% on eating at eating places; 3% on drugstore purchases; 1.5% on all different purchases

Our prime choose for finest 0% introductory APR bank card, the Chase Freedom Limitless, checks all the bins: 15 months of introductory 0% APR on purchases (14.99% to 23.74% variable APR thereafter), a $200 bonus after spending solely $500 within the first three months from account opening and aggressive rewards.

The bottom reward charge is 1.5% money again on purchases, and Chase affords 5% money again on journey booked by means of Chase and three% again on restaurant eating. Even when it isn’t travel-related, you are 1.5% again in your buy proper off the bat, together with a $200 bonus.

Finest 0% APR card for journey overseas

Capital One

Annual charge: $0
Length of introductory 0% APR: 15 months on purchases
Commonplace APR: 15.49% to 25.49% variable
Welcome bonus: $200 money again
Bonus spending threshold: $500 on purchases inside three months from account opening
Rewards: 1.5% money again on each buy

The Capital One Quicksilver money rewards bank card is a detailed runner-up to the Chase Freedom Limitless. The highlights are nearly equivalent however the Quicksilver lacks the Chase card’s increased money again charges for journey and restaurant eating. That famous, the Capital One distinguishes itself by having no overseas transaction charges — which might be as excessive as 3% with different playing cards (together with the Chase Freedom Limitless).

Should you’re planning a giant journey overseas, you may contemplate signing up for each playing cards: Use the Chase Freedom Limitless on your airplane tickets and the Capital One Quicksilver on your bills abroad. 

In any other case, each playing cards function 15 months of intro 0% APR buying, a $200 welcome bonus (after spending $500 inside the first three months) and 1.5% money again on all purchases.

Finest welcome bonus

Financial institution of America

Annual charge: $0

Length of introductory 0% APR: 12 months on purchases from date of account opening 

Commonplace APR: 13.99% to 23.99% variable
Welcome bonus: 25,000 on-line bonus factors
Bonus spending threshold: $1,000 on purchases inside three months from account opening
Rewards: Limitless 1.5 factors on all purchases

The Financial institution of America Journey Rewards bank card is much like the Chase Freedom Limitless and Capital One Quicksilver — however encompasses a increased welcome bonus (in addition to a modestly increased spending threshold) and a shorter introductory 0% APR interval. The 25,000 bonus factors might be redeemed for a $250 assertion credit score towards journey and eating purchases, and the factors by no means expire. Qualifying journey and eating purchases embrace taxis, experience shares, buses, trains, bars, quick meals, flights, lodges, eating places and extra. For most individuals, which means redemption should not be an issue. 

The additional $50 price of worth from the welcome bonus will likely be price greater than the curiosity you may spend throughout these last three months (in comparison with the 15-month introductory durations supplied by Chase and Capital One) when your common steadiness throughout these months is lower than $1,000. If it is greater than $1,000, you may save extra in curiosity with the Chase or Capital One card. This calculation assumes an APR of 20%. 

Check out your compensation plan and for those who do not anticipate having a $1,000 steadiness or extra after 12 months, the Financial institution of America Journey Rewards card is an effective selection. 

Longest introductory 0% APR interval

US Financial institution

Annual charge: $0
Length of introductory 0% APR: 20 months on purchases and steadiness transfers
Commonplace APR: 14.49% to 24.49% variable
Welcome bonus: None
Bonus spending threshold: N/A
Rewards: None

The US Financial institution Visa Platinum affords the longest introductory 0% APR interval of any card we researched, with 20 months of interest-free balances after signing up (although keep in mind you continue to must make minimal month-to-month funds). The trade-off is a scarcity of welcome bonus and rewards. 

The additional 5 months of 0% curiosity (in contrast with the picks above) is simply price it for those who plan on having a median steadiness over $2,400 throughout these months, and that does not issue within the further 1.5% of spending rewards.

0% APR bank cards, in contrast

Card Chase Freedom Limitless Capital One Quicksilver Money Financial institution of America Journey Rewards US Financial institution Visa Platinum
Annual charge $0 $0 $0 $0
Length of 0% intro APR 15 months on purchases 15 months on purchases 12 months on purchases from date of account opening  20 months on purchases and steadiness switch
Commonplace APR 14.99% to 23.74% variable 15.49% to 25.49% variable 13.99% to 23.99% variable 14.49% to 24.49% variable
Welcome bonus $200 $200 $250  none
Bonus threshold $500 in purchases within the first 3 months $500 in purchases within the first 3 months $1,000 in purchases in first 3 months n/a

What’s a 0% APR bank card?

A 0% annual proportion charge (APR) bank card is a simplified time period for bank cards with notably lengthy, introductory 0% APR durations. Most rewards credit cards provide at the very least 12 months of 0% APR after signing up, however many issuers even have prolonged affords for choose playing cards. These playing cards will help you get monetary savings in curiosity funds throughout that introductory interval. However they’ll additionally tempt you to hold a steadiness — which might accumulate right into a longstanding debt over time. 

When does it make sense to use for a 0% or low-APR bank card?

Ideally, you are paying off your bank card balances each month to keep away from paying curiosity. Should you’re making a big buy that you will want to pay for over a time frame, utilizing a 0% APR card may prevent severe cash.

These playing cards may additionally be helpful once you’re in a monetary pinch — for those who’re between jobs or navigating a interval of inconsistent money movement. So long as the introductory APR interval does not lure you into spending past your means, a 0% bank card could be a useful device. 

Extra bank card suggestions

The editorial content material on this web page relies solely on goal, impartial assessments by our writers and isn’t influenced by promoting or partnerships. It has not been supplied or commissioned by any third occasion. Nevertheless, we might obtain compensation once you click on on hyperlinks to services or products supplied by our companions.



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