Looking for the ideal card for your balance transfers? You will find the 7 Best Zero Percent Credit Cards here. High-interest rate cards are often too expensive to maintain especially when making large purchases. Fortunately, the 7 Best Zero Percent Credit Cards on this list charges no interest on purchases or balance transfers, or both. You can take advantage of these zero percent credit cards to pay off a large purchase at no interest or to transfer a high-interest rate balance;
01 Best Zero Percent Credit Card With No Balance Transfer Fee: Chase Slate Card
If you’re transferring a large balance, the Chase Slate Card is the best option for eliminating the cost of transferring a balance. Chase Slate charges no balance transfer fee on balances transferred within the first 60 days of opening your account. Balances transferred after the first 60 days are charged a fee of 5% or $5, whichever is greater.
Purchases and balance transfer both get zero percent interest for 15 months from account opening. After that, the regular APR of 17.24 to 25.99 percent applies. There’s no penalty APR and no annual fee.
02 Best Zero Percent Credit for Long Promotional Period: Citi Simplicity Card
Citi Simplicity offers up to 21 months of no interest on purchases and balance transfers. That’s almost two years with no interest! After that, the zero percent interest period expires, the regular APR is 15.99 to 25.99%, based on your creditworthiness.
If you take advantage of the zero percent interest rate for a balance transfer, you’ll be charged $5 or 5% of your balance as a balance transfer fee. There are no late fees, no penalty rate, and no annual fee. Another perk: You get to choose your own payment due date so your payment is due at the most convenient time for you and your expenses.
03 Best Zero Percent Credit for Grocery Rewards: BlueCash Everyday Card from American Express
The Blue Cash Everyday Card from American Express pays cash offers rewards on purchases. It also has a zero percent introductory APR on balance transfers and purchases for the first 15 months – with no annual fee. After the introductory period has expired, the APR is 15.24 to 26.24 percent. If you use your credit card to transfer a balance, you’ll pay a fee of $5 or three percent of the transaction.
Get $200 back after spending $1,000 with your new Card within the first 3 months of card opening.
Your purchases on the BlueCash Everyday Card earn rewards. You’ll earn three percent cash back at U.S. supermarkets on up to $6,000 per year; two percent cash back at U.S. gas stations and select U.S. department stores and one percent cash back on everything else. Balance transfers don’t count toward earning the spending bonus.
04 Best Customer Service: Discover it
Discover consistently receives ratings and awards for its customer service. That’s just one of the things that make Discover one of the best zero percent credit cards. The zero percent introductory APR applies to both purchases and balance transfers for 14 months. After that, the regular APR is 13.99 to 24.99 percent. The balance transfer fee on Discover is three percent.
You can also earn rewards on your purchases. Up to $1,500 in purchases in certain categories earn five percent rewards. The categories rotate each quarter, often based on seasonal purchases. Make sure you register for the five percent rewards so you can start earning at the beginning of the quarter. All other purchases earn one percent cashback. Discover automatically matches cash back at the end of the first year for all new cardholders.
You’ll get a few other perks with the Discover it. A free FICO score is included with each of your monthly billing statements. Plus, the Freeze it on/off switch allows you to turn on and off access to your credit card to prevent fraudulent charges.
05 Best Zero Percent Credit Card for Travel Rewards: CapitalOne VentureOne Card
The Capital One VentureCapital One Venture is a flat-rate travel rewards credit card that offers a zero percent interest rate on purchase for the first 12 months of opening your account. The regular APR is 14.24 to 24.24 percent.
You’ll earn an unlimited 1.25 miles per dollar on all purchases you make on your credit card purchases. New cardholders have the opportunity to earn 20,000 bonus miles after you spend $1,000 on your credit card in the first three months of opening your account. You can redeem miles as a statement credit towards any travel purchases you make on your credit card. You can earn an unlimited number of rewards and your rewards never expire as long as your account is kept in good standing.
06 Best for Low-Interest Rate After Promotion: U.S. Bank Platinum Visa Card
The U.S. Bank Platinum Visa Card offers zero percent introductory APR on purchases and balance transfers for 20 billing cycles. After that, the APR is 12.24 to 24.24 percent. The card offers a few other perks. You can choose your own due date and get access to your free TransUnion credit score.
Pay your cell phone bill with your credit card and get free cell phone protection coverage up to $600 in case of damage or theft. Coverage applies to up to three phones and the deductible is only $25. You can use this to supplement your carrier’s insurance or cancel your carrier’s insurance completely and save money on your cell phone bill.
07 Best for Students: Bank of America Travel Rewards for Students
The Bank of America Travel Rewards for Student credit card offers a zero percent introductory interest rate on purchases for the first 12 billing cycles. The regular APR is 16.99 to 24.99 percent.
In addition to enjoying interest-free purchases for a year, students who choose this card earn travel rewards on purchases as well. Additionally, students will earn 1.5 points for every dollar spent on purchases. Plus, there’s an opportunity to earn 25,000 bonus points after spending $1,000 on purchases in the first 90 days of opening your account. The bonus can be redeemed for a $250 statement credit toward travel purchases made on your credit card.
Students who also have an active Bank of America checking or savings account can earn a 10 percent bonus on rewards. Rewards can be redeemed on any airline or hotel purchase at any time. You’ll also have access to your FICO score through Bank of America’s Mobile Banking app or via online banking. This benefit is a plus for students who are beginning to build their credit scores.
