Low Interest Credit Cards
Are you looking for a low interest credit card? We have researched the low interest cards that are available online and shortened that list down to the Top 5 that we feel offer the greatest benefit to consumers. With the quality of the low apr cards available today, there is no reason to be paying high interest rates. The cards we have selected offer 0% introductory rates on purchases and balance transfers as well as very competitive on going rates. If you carry a balance, these low interest credit cards can save you hundreds if not thousands of dollars a year depending on the size of your balance.
The credit card issuers are getting very competitive with their low interest card offers. There has never really been a better time to apply. There are low 0% aprs ranging from 6 months all the way to 18 months with some of these cards. Please review our Top 5 Low Interest Cards list and select the card that is right for you.
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Citi Simplicity® Card |
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- 0% Intro APR on Balance Transfers and Purchases for 18 months. After that, the variable APR will be 12.99% – 21.99% based on your creditworthiness.
- There is a balance transfer fee of either $5 or 3% of the amount of each transfer, whichever is greater.
- No late fees – EVER
- No penalty rate – EVER
- No annual fee – EVER
- Save time when you call with fast, personal help, 24 hours a day.
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Intro Purchase APR
0% for 18 months* |
Intro Balance Trans. APR
0% for 18 months* |
APR
12.99%-21.99%*(Variable) |
Annual Fee
$0* |
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Citi® Diamond Preferred® Card |
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- Get 0% Intro APR on Balance Transfers and Purchases for 18 months. After that, the APR will be 11.99%- 21.99% based upon your creditworthiness.*
- There is a balance transfer fee of either $5 or 3% of the amount of each transfer.
- Citi® Price Rewind searches for a lower price. Learn how you can get lower price after you purchase an item.
- Let our 24/7 concierge service help book your hotel rooms, flights and more.
- Enjoy special access to presale tickets, preferred seating, VIP packages, and unique entertainment experiences through Citi Private Pass®.
- $0 liability on unauthorized purchases and Citi® Identity Theft Solutions
- No annual fee*
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Intro Purchase APR
0% for 18 months* |
Intro Balance Trans. APR
0% for 18 months* |
APR
11.99% – 21.99% Variable* |
Annual Fee
$0* |
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Citi® Dividend Platinum Select® Visa® Card |
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- $100 cash back after $500 in purchases within the first 3 months of account opening
- 0% Intro APR on Balance Transfers and Purchases for 12 months. After that, the APR will be 12.99%-22.99% variable based on your creditworthiness*
- Earn 5% cash back from Citi at Home Depot, Home furnishing stores and home and garden stores between 4/1/13 and 6/30/13, with enrollment
- Enroll at no additional cost each quarter for new categories that earn additional cash back
- Full 1% cash back on all other purchases and eligible cash advances.
- No Annual Fee*
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Intro Purchase APR
0% for 12 months* |
Intro Balance Trans. APR
0% for 12 months* |
APR
12.99% – 22.99% Variable* |
Annual Fee
$0* |
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Capital One® Platinum Prestige Credit Card |
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- 0% intro APR until August 2014 on balance transfers
- 0% intro APR until August 2014 on purchases
- No annual fee
- $0 Fraud Liability if your card is lost or stolen
- 24-hour travel assistance gives you a replacement card and cash advance
- 24-hour roadside assistance
- Pick an image for your card — choose the one shown here, any of the hundreds in our collection, or add your own
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Intro Purchase APR
0% until August 2014 |
Intro Balance Trans. APR
0% until August 2014 |
APR
10.9% – 18.9% (V) |
Annual Fee
None |
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Capital One® VentureOne(SM) Rewards Credit Card
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- 1.25 miles per dollar on every purchase, every day and no annual fee
- One-time bonus of 10,000 miles once you spend $1,000 on purchases within the first 3 months, equal to $100 in travel
- Redeem miles for airline tickets, hotel rooms, car rentals, and more
- No limit on the miles you can earn and miles don’t expire
- Fly on any airline, any time with no blackout dates
- 0% intro APR on purchases until May 2014
- No foreign transaction fees
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Intro Purchase APR
0% intro APR until May 2014* |
Intro Balance Trans. APR
N/A* |
APR
11.9% – 19.9% (V) |
Annual Fee
$0* |
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Discover it® |
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- The new Discover it card is out to change the way people think about credit cards.
- Fair…No annual fee. No overlimit fee. No foreign transaction fee & no pay-by-phone fee. No late fee on your first late payment. And we won’t increase your APR for paying late.*
- Generous…5% Cashback Bonus on up to $1,500 in purchases at Home Improvement Stores now through June with free and easy sign-up. And 1% cash back on all other purchases.*
- Plus a Cashback ConciergeSM who guides a free, personalized online tour to help you get the most rewards for how you use your card.
- Flexible…Choose your own due date and pay up to midnight ET online or by phone.
- Human…talk to a real person any time with 100% U.S.-based service.
- Safe…Because you’ll never pay for unauthorized purchases with our $0 Fraud Liability Guarantee.
- 0% Intro APR* on purchases and balance transfers for 14 months. Then the variable purchase APR applies, currently 10.99%-22.99%. *Click apply for Terms & Conditions
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Intro Purchase APR
0% for 14 months* |
Intro Balance Trans. APR
0% for 14 months* |
APR
10.99% – 22.99% (V)* |
Annual Fee
$0 |
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Best Low Interest Credit Cards
The credit card issuers have created some very compelling low interest credit card offers. The time duration of the 0% offers have never been longer. Even when you go back a few years prior to the financial issues that the banks were facing, they never had offers such as the ones that you see on our website. They are now very profitable again and that means they have the flexibility to lend and grow their credit card portfolios. So now that these offers are available, how do you choose the best? You need to consider several things. One thing to consider is does the card have an annual fee? Unless the card is a credit card offering extraordinary rewards, the odds are against the card charging an annual fee. The cards that we have ranked as the best don't have an annual fee. You also need to consider the length of the balance transfer and purchase introductory rates. If you are not going to be transferring a balance, you may want to choose a card that has a longer 0% purchase rate. Finally we recommend that you consider the rewards and perks that the cards offer. While some cards offer really longer 0% introductory rates, others also offer rewards such as frequent flyer miles or cash back. There are also offers giving you a special cash back bonus just for using the card after you reach a certain amount spent. We took all of these factors into account when we created our rankings for the best low interest credit cards that we have listed above.
Do Fixed Low APR Credit Cards Exist?
The cards with low fixed interest rates have all but evaporated when the Credit Card Accountability Responsibility and Disclosure Act of 2009 was signed into law. The Credit Card Act limited what the issuers can an can't do with interest rates and really limited their ability to react appropriately with changing market conditions. To maintain some level of flexibility almost every issuer eliminated their fixed rate offers and move to a variable rate model. The 0% introductory rates on this site are fixed for the term of the offer as long as you continue to pay your bill on time.
Picking the Lowest Interest Rate Credit Cards
When comparing the credit cards with low interest rates, the card with the lowest APR might not be the best. You shouldn’t select your card on interest rates alone. You will want to take several card features into account such as annual fees, rewards, fraud protection, and online account management. When it comes to rates you will want to decide if making purchases or transferring a balance is more important to you. The reason for this is that the introductory periods differ for card to card on purchases and balance transfers. For example, if you are wanting to transfer a balance you would probably want to select a credit card with a 0% on balance transfers for 24 months and 0% for 6 months on purchases versus a card that is offering 12 months on both. The extra 12 months on the transfer will save you more money in interest. We took all these items and more into account when we created our list of the best low interest credit card offers.
