21 Month No Interest Credit Cards: A Smart Financial Move
Are you tired of dealing with high-interest credit card debt? Do you want to make a large purchase without breaking the bank? Look no further than 21 month no interest credit cards! These cards offer a lengthy 0% introductory APR period, giving you plenty of time to pay off your balance without incurring interest charges.
How 21 Month No Interest Credit Cards Work
Here's how these cards work:
- Introductory period: You get 21 months of 0% APR on purchases, balance transfers, or both, depending on the card.
- No interest charges: You won't be charged interest on your balance during the introductory period.
- Regular APR: After the introductory period ends, the regular APR will apply to any remaining balance.
Benefits of 21 Month No Interest Credit Cards
These cards offer several benefits:
- Save money: By avoiding interest charges, you can save hundreds or even thousands of dollars on interest payments.
- Pay off debt: Use the 21-month introductory period to pay off debt without incurring additional interest charges.
- Make large purchases: With a 21-month no interest period, you can make large purchases without worrying about high-interest debt.
- Build credit: By making timely payments, you can build credit and improve your credit score.
Top 21 Month No Interest Credit Cards
Here are some top 21 month no interest credit cards:
Citi Simplicity Card
- 21 months of 0% APR on purchases and balance transfers
- No late fees or penalty APR
- Regular APR: 14.74% - 24.74% (Variable)
Citi Diamond Preferred Card
- 21 months of 0% APR on purchases and balance transfers
- No annual fee
- Regular APR: 14.74% - 24.74% (Variable)
Bank of America Cash Rewards credit card
- 21 months of 0% APR on purchases and balance transfers
- 3% cash back on gas and 2% cash back on groceries
- Regular APR: 13.99% - 23.99% (Variable)
Things to Consider
Before applying for a 21 month no interest credit card, consider the following:
- Regular APR: Make sure you understand the regular APR that will apply after the introductory period ends.
- Balance transfer fees: Check if there are any balance transfer fees associated with the card.
- Credit score: You'll typically need a good credit score to qualify for these cards.
Conclusion
21 month no interest credit cards can be a smart financial move if you're looking to make a large purchase or pay off debt. By understanding how these cards work and choosing the right one for your needs, you can save money on interest charges and build credit.
