Top Credit Cards with 0% Interest Review for 2024
When it comes to finding the perfect credit card, 0% interest offers can be a game-changer. Whether you’re looking to save on interest for purchases or balance transfers, these cards provide a valuable financial tool. Let’s dive into our top picks for 2024.
What to Look for in a 0% Interest Credit Card
0% Interest Period
The length of the 0% interest period is crucial. Longer periods give you more time to pay off balances without accruing interest.
Balance Transfer Options
If you’re transferring a balance, check the fees and terms associated with balance transfers.
Rewards and Bonuses
Look for cards that offer rewards or sign-up bonuses to maximize your benefits.
Fees
Ensure the card has low or no annual fees, and be aware of any hidden charges.
Top Picks for 0% Interest Credit Cards
1. Bank of America® Travel Rewards Credit Card
0% Intro APR: 15 billing cycles for purchases and balance transfers made within the first 60 days.
Variable APR: 19.24% – 29.24%
Annual Fee: $0
Rewards: Earn unlimited 1.5 points per $1 spent.
Sign-Up Bonus: 25,000 online bonus points after spending $1,000 in the first 90 days.
Click “APPLY NOW” to apply online
The Bank of America® Travel Rewards credit card offers a comprehensive package with a generous rewards program and no annual fee. This card is perfect for travelers looking to maximize their points without worrying about interest for the first 15 billing cycles.
2. Capital One VentureOne Rewards Credit Card
0% Intro APR: 15 months on purchases and balance transfers.
Variable APR: 19.99% – 29.99%
Annual Fee: $0
Rewards: Earn 1.25 miles per dollar on every purchase.
Sign-Up Bonus: 20,000 miles after spending $500 in the first 3 months.
Click “APPLY NOW” to apply online
With its straightforward rewards structure and no annual fee, the Capital One VentureOne Rewards card is an excellent choice for frequent travelers.
3. Wells Fargo Active Cash® Card
0% Intro APR: 15 months on purchases and qualifying balance transfers.
Variable APR: 20.24% – 29.99%
Annual Fee: $0
Rewards: Unlimited 2% cash rewards on purchases.
Sign-Up Bonus: $200 cash rewards bonus after spending $500 in the first 3 months.
Click “APPLY NOW” to apply online
The Wells Fargo Active Cash® Card stands out with its high flat-rate cash back and lengthy 0% intro APR period, making it ideal for those looking to maximize cash rewards.
4. Citi Custom Cash® Card
0% Intro APR: 15 months on balance transfers and purchases.
Variable APR: 19.24% – 29.24%
Annual Fee: $0
Rewards: 5% cash back on purchases in your top eligible spend category each billing cycle (up to $500 spent).
Sign-Up Bonus: $200 cash back after spending $1,500 in the first 6 months.
Click “APPLY NOW” to apply online
The Citi Custom Cash® Card offers flexibility with its cash back rewards, making it perfect for those who want to maximize their spending in specific categories.
FAQs
What is a 0% interest credit card?
A 0% interest credit card offers an introductory period where no interest is charged on purchases or balance transfers. This period typically lasts between 12 to 21 months.
How do balance transfers work?
Balance transfers allow you to move debt from one credit card to another, usually with a lower interest rate. Be mindful of any fees associated with balance transfers, which are often a percentage of the amount transferred.
What happens when the 0% interest period ends?
Once the introductory period ends, the regular variable APR will apply to any remaining balance. It’s important to pay off as much of your balance as possible before this period ends to avoid high interest charges.
Can I qualify for a 0% interest credit card with a fair credit score?
Most 0% interest credit cards require good to excellent credit scores. However, some issuers may approve applicants with fair credit, though the terms and benefits might not be as favorable.
Visual Comparison
Top Credit Cards with 0% Interest
| Card Name | Intro APR Period | Variable APR | Annual Fee | Rewards | Sign-Up Bonus |
|---|---|---|---|---|---|
| Bank of America® Travel Rewards | 15 billing cycles | 19.24% – 29.24% | $0 | 1.5 points per $1 | 25,000 points |
| Capital One VentureOne | 15 months | 19.99% – 29.99% | $0 | 1.25 miles per $1 | 20,000 miles |
| Wells Fargo Active Cash® | 15 months | 20.24% – 29.99% | $0 | 2% cash rewards | $200 cash rewards |
| Citi Custom Cash® | 15 months | 19.24% – 29.24% | $0 | 5% on top eligible spend category | $200 cash back |
Balance Transfer Fees
| Card Name | Balance Transfer Fee |
|---|---|
| Bank of America® Travel Rewards | 3% for 60 days, then 4% |
| Capital One VentureOne | 3% |
| Wells Fargo Active Cash® | 3% |
| Citi Custom Cash® | 3% |
Image Description
An infographic comparing the top credit cards with 0% interest periods, showcasing their intro APR periods, variable APR rates, annual fees, rewards, and sign-up bonuses.
The Bottom Line
Choosing the right 0% interest credit card can significantly impact your financial health. Whether you’re looking to save on interest for a major purchase or transfer an existing balance, the cards listed here offer some of the best terms and rewards available. Compare your options and select the card that best fits your financial needs and goals. For more reviews and tips, visit www.abeut.com.
