Best 0 Intro APR Credit Cards with Rewards
Looking for a credit card with no interest for a period of time and rewards? You're in luck! Many credit card issuers offer 0% intro APR on purchases and balance transfers, making them excellent tools for paying down debt or making big purchases without accruing interest. However, not all 0% intro APR credit cards are created equal. Some offer generous rewards programs while others don't.
Here's a look at some of the best 0% intro APR credit cards with rewards:
Chase Freedom Unlimited
- Intro APR: 0% for 15 months on purchases and balance transfers
- Regular APR: 16.99% - 24.99% variable
- Rewards: 1.5% cash back on all purchases
- Annual Fee: $0
Pros:
- No annual fee: A great option for those looking to save money.
- High introductory APR: Allows you to pay down debt or make large purchases interest-free for a longer period.
- Good rewards program: Earns cash back on all purchases with no categories to track.
Cons:
- Regular APR is variable: The APR can change, potentially increasing your costs.
- No sign-up bonus: While it offers solid rewards, it doesn't have a sign-up bonus to attract new users.
Citi® Double Cash Card
- Intro APR: 0% for 18 months on balance transfers (and 0% for 18 months on purchases when you use the card for the first 6 months)
- Regular APR: 15.99% - 26.99% variable
- Rewards: 1% cash back on purchases, and 1% cash back when you pay your balance
- Annual Fee: $0
Pros:
- Longer intro APR: Offers a generous 18 months to take advantage of the interest-free period.
- High rewards: 2% cash back is an attractive reward for everyday spending.
- No annual fee: Makes it a more appealing option for budget-conscious individuals.
Cons:
- Variable APR: The APR can change, potentially increasing your costs.
- No sign-up bonus: It offers solid rewards but lacks a sign-up bonus to attract new users.
Discover it® Cash Back
- Intro APR: 0% for 18 months on purchases and balance transfers
- Regular APR: 13.99% - 23.99% variable
- Rewards: 5% cash back on rotating quarterly categories, 1% cash back on all other purchases
- Annual Fee: $0
Pros:
- 5% cash back on rotating categories: Provides the potential for high rewards.
- No annual fee: A great value for users.
- Excellent intro APR: Allows you to pay down debt or make big purchases interest-free for 18 months.
Cons:
- Variable APR: The APR can change, potentially increasing your costs.
- Rotating categories: Can require some effort to track and maximize rewards.
Things to consider:
- Credit score: Your credit score will play a significant role in determining your eligibility for these cards.
- Credit history: A strong credit history is usually required for approval.
- Spending habits: Consider your spending patterns and choose a card that aligns with your needs.
- APR: Pay attention to the regular APR as it becomes effective after the intro period.
- Rewards: Evaluate the rewards program and make sure it provides value for you.
Remember: Always read the fine print of the credit card agreement and understand the terms and conditions before applying.
By carefully considering these factors, you can choose the best 0% intro APR credit card with rewards that fits your financial goals and lifestyle.
