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.

 Discover it® 
 

  • 0% intro APR on purchases & balance transfers for 14 months—then a variable purchase APR applies, currently 10.99% - 22.99%. A 3% fee applies to each transferred balance.
  • Over 5,000 cardmembers rated 4.8 out of 5 stars* and now Discover \'Ranked Highest in Customer Satisfaction with Credit Card Companies in a Tie\' by J.D. Power*.
  • 5% cash back for online shopping and department store purchases on up to $1,500 - Oct. through Dec. 2014 when you sign up*. 1% cash back on all other purchases.
  • Free FICO® Credit Score online and on monthly statements*.
  • No annual fee, no late fee for your first late payment - APR won't go up for paying late, no overlimit fee and no foreign transaction fee.*
  • Each Discover purchase is monitored. If it's unusual, you're alerted by e-mail, phone or text-and never responsible for unauthorized Discover card purchases.
  • 100% U.S.- based customer service—anytime, day and night.
  • *See rates, rewards, free FICO® Credit Score terms and other info by clicking \'Apply.\'
  
 Intro Purchase APR
0% for 14 months*
Intro Balance Trans. APR
0% for 14 months*
APR
10.99% - 22.99% Variable*
Annual Fee
$0
 



 Capital One® Platinum Prestige Credit Card 
 

  • Get 0% intro APR on all purchases until December 2015
  • Balance transfers also have a 0% intro APR until December 2015, a 3% fee applies to each balance transferred
  • Enjoy no annual fee
  • Get peace of mind with fraud coverage if your card is lost or stolen
  • Enjoy extended warranty protection on eligible items purchased with your card
  • Easily manage your account 24/7 with online access, by phone, or using our mobile app
  • Pick the monthly due date that works best for you
  • 100% free Capital One® Credit Tracker—see your monthly credit score anytime and get automatic alerts
  
 Intro Purchase APR
0% ""until December 2015*
Intro Balance Trans. APR
0% ""until December 2015*
APR
10.9% - 18.9% (V)
Annual Fee
$0
 



 Capital One® VentureOne® Rewards Credit Card 
 

  • Earn unlimited 1.25 miles on every purchase, every day
  • No annual fee
  • Enjoy a one-time bonus of 20,000 miles once you spend $1,000 on purchases within the first 3 months, equal to $200 in travel
  • Fly any airline, stay at any hotel, anytime
  • Enjoy a low intro APR on purchases
  • Travel when you want—no blackout dates
  • Miles don't expire and there's no limit to how many you can earn
  • 100% free Capital One® Credit Tracker—see your monthly credit score anytime and get automatic alerts
  
 Intro Purchase APR
0% ""until September 2015*
Intro Balance Trans. APR
N/A*
APR
11.9% - 19.9% (V)
Annual Fee
$0
 



 Barclaycard Arrival™ World MasterCard® 
 

  • Earn 20,000 bonus miles when you spend $1,000 on purchases in the first 90 days — that's enough to redeem for a $200 travel statement credit
  • 0% intro APR for 12 months for each Balance Transfer made within 45 days of account opening. After that, a variable APR currently 14.99% or 18.99%, depending on your creditworthiness.
  • Earn 2X miles on travel and dining and 1X miles on all other purchases
  • Miles don't expire as long as your account is open, active and in good standing
  • Book the travel you want — airfare, hotels, cruises and more and earn miles on your purchase
  • Get 10% miles back to use toward your next redemption every time you redeem for travel statement credits
  • No foreign transaction fees on anything you buy while in another country
  • Complimentary online FICO® Credit Score access for Barclaycard Arrival cardmembers
  
 Intro Purchase APR
N/A*
Intro Balance Trans. APR
0% for 12 months*
APR
14.99% or 18.99%* Variable
Annual Fee
$0
 



VN:F [1.9.22_1171]
Rating: 5.0/5 (9 votes cast)
Low Interest Credit Cards, 5.0 out of 5 based on 9 ratings

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.