Best 0% APR Credit Cards in 2022

A 0% APR credit card on new purchases comes with a promotional period during which you pay no interest on eligible purchases. MoneyGeek has used a specially created ranking algorithm to narrow down on the best 0% interest credit cards so you can choose one with ease.

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Advertising & Editorial DisclosureLast Updated: 1/20/2022

As with all other types of credit cards, zero-interest credit cards let you make purchases on credit, which you can then repay by making at least minimum monthly payments. When you carry forward balances from one billing cycle to the next with a regular card, the outstanding amount accrues interest. However, with a card that comes with a 0% APR offer on purchases, you get to pay no interest for a predetermined time. Once this period ends, you need to start paying interest toward any outstanding promotional balance.

Selecting a credit card with 0% APR on purchases requires paying attention to different aspects. In arriving at the best of the lot, we’ve taken note of factors such as annual fees, standard APRs that apply after the promo period and additional features. The information we put forth is through charts, tables, tips and expert advice.

The best 0% APR credit cards require applicants to have good to excellent credit. If you’re someone who has just gotten on the path to building your credit history, know that you have other options. While you might not get the best card in the world straightaway, you can definitely work your way there by relying on our tips and selections.

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MoneyGeek's Take: Top 0% APR Credit Cards in 2022

We have compared numerous alternatives to arrive at the best 0% APR credit cards. We have addressed aspects such as other promotional offers, APRs that apply when the intro period ends, annual fees, rewards and added perks.

1

Best 0% APR Credit Cards

  • Capital One SavorOne Rewards Card - This card comes with a 0% APR offer on purchases and balance transfers for 15 months. It charges no annual fees. Cardholders get to earn category-based cash back of up to 3%.
  • American Express Blue Cash Everyday Card - This card from American Express charges no interest on purchases for the first 15 months. It offers category-based cash back of up to 3% and comes with no annual fees.
  • Chase Freedom Unlimited Card - With this card, you get a 0% intro APR offer for 15 months, which applies on new purchases and balance transfers alike. You pay no annual fees and stand to earn up to 5% cash back on category-based spending.
2

Best 0% APR Balance Transfer Credit Cards

  • Citi Double Cash Card - This 0% interest credit card from Citi charges no interest on balance transfers for the first 18 months. However, a balance transfer fee applies. This card comes with no annual fees. It lets you earn up to 2% as cash back — 1% when you make purchases and 1% when you make timely repayments.
  • Citi Diamond Preferred Card - This card comes with a 0% APR offer on balance transfers for 21 months. On purchases, the 0% APR offer applies for 12 months. You need to pay a balance transfer fee. There is no annual fee.
  • U.S. Bank Visa Platinum Card - This 0% credit card comes with a 0% APR offer on balance transfers and purchases for 20 months. A balance transfer fee applies. You pay no annual fees.
  • Learn more about balance transfer cards.
3

Best 0% APR Business Credit Cards

  • American Express Blue Business Plus Credit Card - You can use this American Express card to pay no interest on purchases for the first 12 months. This card comes with no annual fees. It lets you earn 2x reward points on the first $50,000 you spend on purchases each year.
  • Chase Ink Business Cash Credit Card - This no-annual-fee credit card from Chase comes with a 0% APR offer on purchases for the first 12 months. It lets you earn up to 5% cash back on category- and threshold-based spending.
  • Capital One Spark Cash Select Card - This Spark Cash Select Card for Good Credit comes with a 0% introductory APR offer on purchases for the first 12 months. It charges no annual fees and offers 1.5% cash back on all business purchases.
  • Learn more about business credit cards.

Best 0% APR Credit Cards for January 2022

Our experts have selected the best no-interest credit cards after accounting for all their pros and cons. For example, if a card comes with an extended promotional period, we inform you about it at the start.

Best 0% APR Credit Cards

Some of the best 0% APR cards come with promotional periods of 15 months or more. Several such cards let you earn rewards or cash back. The top alternatives tend to come with no annual fees as well. As long as you pay off your balance before the end of the promotional period, you pay no interest. You might consider using such a card to make an expensive purchase that you plan to pay off within a stipulated time frame.


  • creditApproved icon

    FEATURED

    Capital One SavorOne Rewards
    A great no annual fee card that comes with rewards

    • 15 monthsAPR Offer Duration
    • $0Annual Fee
    • 3% Cash Back*Rewards Rate
    • Good-ExcellentCredit Needed

  • American Express Blue Cash Everyday Card
    An excellent no-annual-fee cash back card with 0% intro APR on purchases

    • 15 monthsAPR Offer Duration
    • $0Annual Fee
    • 1-3% Cash Back*Rewards Rate
    • Good-ExcellentCredit Needed

  • Chase Freedom Unlimited
    An excellent no annual fee card that lets you earn unlimited cash back

    • 15 monthsAPR Offer Duration
    • $0Annual Fee
    • 1.5-5% Cash Back*Rewards Rate
    • ExcellentCredit Needed

Best 0% APR Balance Transfer Credit Cards

The best balance transfer cards tend to come with 0% APR offers that stay in place for 18 months or more. Using a balance transfer card makes sense if you wish to transfer existing balances from high-interest cards and pay them off within a given time frame. Keep in mind that you might need to pay a balance transfer fee, which can be up to 5% of the transferred amount.


  • creditApproved icon

    FEATURED

    Citi Double Cash Card
    A great no annual fee card that offers 2% cash back

    • 18 monthsAPR Offer Duration
    • $0Annual Fee
    • 2% Cash Back*Rewards Rate
    • ExcellentCredit Needed

  • Citi Diamond Preferred Card
    Best balance transfer card for immediate transfers

    • 18 monthsAPR Offer Duration
    • $0Annual Fee
    • NoneRewards Rate
    • ExcellentCredit Needed

  • U.S. Bank Visa Platinum
    Best balance transfer credit card for short-term debt repayment

    • 20 monthsAPR Offer Duration
    • $0Annual Fee
    • NoneRewards Rate
    • Good-ExcellentCredit Needed

Best 0% APR Business Credit Cards

Business credit cards with 0% APR offers tend to be focused on purchases. Most cards do not offer 0% APR on balance transfers. When they do, the best 0% APR business credit cards typically come with promotional periods of no more than 12 months. Exceptions include the U.S. Bank Business Platinum Card that comes with a 0% APR on purchases and balance transfers for 18 months and the U.S. Bank Triple Cash Rewards Visa Business Card through which you get a 0% APR on purchases and balance transfers for 15 months.


  • creditApproved icon

    FEATURED

    American Express Blue Business Plus Credit Card
    Great no-annual-fee card for earning rewards on business spending

    • 12 monthsAPR Offer Duration
    • $0Annual Fee
    • 2 Miles per $1*Rewards Rate
    • Good-ExcellentCredit Needed

  • Chase Ink Business Cash
    Fantastic card for earning rewards on office supplies

    • 12 monthsAPR Offer Duration
    • $0Annual Fee
    • 1-5% Cash Back*Rewards Rate
    • Good-ExcellentCredit Needed

  • Capital One Spark Cash Select
    A great no-annual-fee business card with unlimited 1.5% cash back

    • NoneAPR Offer Duration
    • $0Annual Fee
    • 1.5% Cash BackRewards Rate
    • Good-ExcellentCredit Needed

How We Rank 0% APR Credit Cards

Our lists of the best credit cards are based on publicly available data from card issuers and other reputable sources like the Consumer Finance Protection Bureau. We review each card’s fees, interest rates, rewards, benefits and more to assign a rating for each feature. These ratings are stack ranked and weighted for each card category to determine our top selections for each type of user. Because card details change regularly, we revisit our data each month to update our ratings, recommendations and other card information as needed. Learn more about our data collection and ranking process.

Top Rating Criteria for 0% APR Credit Cards

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Credit Acceptance
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Annual Fee

Quick Tips for Comparing Zero Interest Credit Card Offers

You need to consider different factors before applying for a 0% interest credit card.

  • Applicable categories: Determine if you need a 0% APR card for purchases, balance transfers or both. Depending on the card you get, the APR offer might apply to just one of the two.
  • Introductory offer period: Introductory APR offer periods with consumer credit cards typically vary from 12 to 20 months. The Wells Fargo Reflect Card has a unique offer with a 0% intro APR for 18 months, which you may extend by up to 3 months by making on-time minimum payments.
  • APR after the intro period: No matter whether you get a 0% APR card for purchases or balance transfers, you need to start paying interest toward any outstanding amount that remains at the end of the promotional period. This aspect requires your particular attention if you plan to carry forward balances from one month to the next in the future.
  • Balance transfer fee: If you plan to use a card’s 0% APR offer on balance transfers, find out how much you’ll need to pay as balance transfer fees in advance. With the Chase Freedom Unlimited Card, you need to pay either $5 or 3% of the transferred amount (whichever is greater) on transfers you carry out within 60 days of account opening. Then, it changes to $5 or 5% of the transferred amount.
  • Annual fees: None of the 0% interest credit cards we’ve selected come with annual fees.
  • Rewards/cash back rate: While some 0% APR cards let you earn cash back, others offer reward points that you may redeem in different ways. In both cases, you may find alternatives that offer higher earn rates on category-based spending. For instance, the Blue Cash Everyday Card from American Express offers 3% cash back on groceries at U.S. supermarkets, on up to $6,000 in purchases per year; 2% cash back on gas purchases at U.S. gas stations and at select department stores in the U.S.; and 1% cash back on all other purchases.
  • Added perks: Since the 0% APR cards that MoneyGeek has selected come with no annual fees, they generally don’t offer premium benefits. However, some include valuable benefits, like no foreign transaction fees, fraud protection, basic insurance coverage and travel assistance services.
Best 0% APR Credit Cards Compared at a Glance

Check out the 0% interest credit cards listed in the corresponding table and compare them across different parameters, such as intro offer periods and rewards, before selecting one that you feel works best for you.

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MONEYGEEK QUICK TIP

If you take advantage of a 0% balance transfer offer, you must still pay off all of your purchases each month to avoid interest on those transactions. -- Lee Huffman, credit card expert at BaldThoughts.com

MoneyGeek’s Quick Guide to Understanding 0% APR Credit Cards

A 0% APR credit card is one that charges no interest on purchases, balance transfers or both, for a predetermined time frame. More often than not, you need good to excellent credit to qualify. Low-interest credit cards, unlike 0% APR cards, come with low APRs that stay in place for as long as your account remains active. Some cards from both categories come with no preset spending limits. This means that your credit line fluctuates based on your purchase, payment and credit histories.

0% APR vs. Low-Interest Credit Cards

When you get a credit card with a 0% APR offer, you get to pay no interest for a given number of months, typically ranging from 12 to 20. Once the introductory period ends, any outstanding balance starts accruing interest. Depending on the card you get, the 0% APR offer might apply either on new purchases or balance transfers, or even on both. You’ll find out the APR that will apply after the intro period once you get approved for your card, and it essentially depends on your creditworthiness.

The low APR of a low-interest credit card stays in effect as long as your account remains active. However, credit card interest rates are typically variable, which means it is subject to change based on federal prime interest rates. Even if your card’s low APR changes because of fluctuations in prime rates, you can still expect it to be toward the lower end of the spectrum.

With low-interest credit cards, the APR that applies on purchases might not be the same as the APR that applies on balance transfers. In addition, the APR on cash advances is typically high no matter which card you get.

How Do 0% APR Credit Cards Work?

0% APR cards work in the same basic manner as regular credit cards do, wherein you are required to make at least minimum monthly payments toward the amount you borrow. In addition, they charge no interest for a stipulated time frame. However, there’s more:

  • Eligibility: Qualifying for the best 0% APR credit cards requires that you have good or excellent credit. If you don’t, you might consider applying after you’ve taken steps to build your credit.
  • Not all transactions are covered: Depending on your 0% promo offer, the interest-free period may only apply to purchases or balance transfers. Make sure you understand the details of your offer before charging anything to your card. Cash advances start accruing interest from the day of the transaction, and these never come with interest-free days.
  • Limits might apply: This might be the case with 0% balance transfer APR offers. For example, you might not be able to transfer more than a fixed percentage of your new card’s available credit limit.
  • Outstanding balances will accrue interest: Once the promo period ends, any outstanding balance will start accruing interest. You get to know the APR that will apply well in advance.
  • Your card provider might cancel the offer: It’s important that you keep making at least your minimum monthly payments on time. If you don't, your card provider might cancel the intro APR offer before it expires. A late or returned payment might also result in a penalty APR that is notably higher than your regular APR.

Are 0% APR Credit Cards Worth It?

A 0% APR credit card can be worth it if you have a clear goal in mind. When appropriately used for a predetermined time, this type of card can provide the help you need to make a large purchase or to avoid paying interest on existing credit card debt. However, you need to determine if the benefits outweigh the possible drawbacks at the very onset.

Key Takeaways

Benefits:

  • The large purchase factor. If you plan to make a large purchase on credit and know that you will be able to repay the amount within a given time frame, a card with a 0% APR offer on purchases might work well for you. As long as you repay the amount during the promotional period, you’ll pay no interest.
  • Balance transfers. If you have high-interest credit card debt, you may consider transferring it to a card that has a 0% APR offer on balance transfers. This way, you get a predetermined period to repay the amount without it accruing any interest. Since all your repayments go toward the principal and not interest, you get the opportunity to repay your debt faster.

Risks:

  • The 0% APR is not permanent. Depending on the card you get, the 0% APR offer might last for 12 to 20 months. Then, the regular APR kicks in and applies on any outstanding balance. The regular APR depends on your creditworthiness and does not have to be low. This requires being careful about carrying forward balances when the promo period ends.
  • Balance transfer fees. It is common for cards with 0% APR offers on balance transfers to charge balance transfer fees. This is usually 3% or 5% of the transferred amount (minimum fees of $5 to $10 may apply).
  • Penalty APR may apply. You might have to say goodbye to the 0% APR if you make a late or returned payment. In such a scenario, a high penalty APR might apply.

Expert Advice For Finding the Right Card

We’ve asked academic and financial experts a few questions, the answers to which can help you determine if you should consider getting a card that comes with a time-bound 0% APR offer.

  1. Could making a large purchase on a 0% APR card affect one’s credit score?
  2. Could you benefit through a 0% APR offer on balance transfers even if you don’t plan to pay off the entire balance during the promo period?
  3. Might it be worth transferring high-interest credit card debt to a 0% balance transfer APR card, and then transferring the outstanding balance at the end of the promo period to another 0% balance transfer APR card?
Haibo (Stephen) Yao
Haibo (Stephen) Yao

Assistant Professor of Insurance & Risk Management at the University of Central Arkansas

Malcolm Robinson
Malcolm Robinson

Professor of Economics at Thomas More University

Chris Tamm
Chris Tamm

Associate Professor of Finance, Director - Institute for Financial Planning & Analysis at Illinois State University

Kathryn Morrison
Kathryn Morrison

Instructor at the School of Health & Consumer Sciences at South Dakota State University

Frank G. Cabano
Frank G. Cabano

Assistant Professor, Marketing and Management at The University of Texas at El Paso

Danny Chung
Danny Chung

Program Manager at California State University, San Bernardino

John Lopez
John Lopez

Senior Professor of Practice at C.T. Bauer College of Business at the University of Houston

FAQs About 0% APR Credit Cards

In this section, we provide answers to other commonly asked questions about 0% APR credit cards.

Now that you know how 0% APR cards work on new purchases and balance transfers, determine if getting one might work well for you. If you think it might, make sure you compare your alternatives across aspects such as promotional periods, fees and rewards.

Further Reading

About the Author


expert-profile

Rajiv Baniwal has been writing about different financial topics for over 15 years. Meticulous in his research, he makes sure he provides accurate and up-to-date information. His areas of expertise include mortgages, personal loans, credit cards, insurance and international money transfers.


*Rates or fees may vary or include specific stipulations. We recommend visiting the card issuer’s website for the most up-to-date information available.
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