Best 0% APR Credit Cards for July 2022

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A long introductory 0% APR, or annual percentage rate, can be a good way to consolidate your debt or finance a large purchase. These promotional periods can often be applied to either balance transfers or daily purchases, making them a flexible financing option. Particularly with credit card APRs on the rise following the Federal Reserve’s periodic increasing of interest rates throughout 2022, these cards can be valuable, allowing you to avoid burdensome interest charges on your credit card balances. However, make sure you pay off your full balance before the promotional period ends. If you don’t, your balance will be subject to expensive interest charges.

Intro OfferN/A

APR14.49%-26.49% Variable APR

Intro Purchase APR0% intro APR for up to 21 months from account opening

Recommended Credit Excellent, Good

Reward RatesN/A

Annual Fee$0

Intro Balance Transfer APR0% intro APR for up to 21 months from account opening on qualifying balance transfers

Balance Transfer APR14.49%-26.49% Variable APR

Balance Transfer Fee up to 5%; min: $5

Foreign Transaction Fees 3%

Penalty APR None

Our Take

The Wells Fargo Reflect℠ Card offers a unique proposition among 0% introductory APR cards. Not only can you take advantage of the 0% introductory APR on purchases and qualifying balance transfers for an entire 18 months from account opening, but you can earn up to a three month extension on that timeframe if you pay all of your minimum payments on time during the introductory and extension periods. This means you can enjoy up to 21 months from account opening of 0% introductory APR on purchases and qualifying balance transfers (14.49% to 26.49% variable APR thereafter), which is unmatched by any other offer we could find. The trick is — as with all 0% intro APR cards — to be disciplined.

Check out our full review of the Wells Fargo Reflect℠ Card.

One of the longest intro APR periods

Intro OfferN/A

APR15.74% – 24.49% Variable

Intro Purchase APR0% Intro APR on Purchases for 18 months

Recommended Credit Excellent/Good Credit

Reward RatesN/A

Annual Fee$0

Intro Balance Transfer APR0% Intro APR on Balance Transfers for 18 months

Balance Transfer APR15.74% – 24.49% Variable

Balance Transfer Fee Either $5 or 5% of the amount of each transfer, whichever is greater.

Foreign Transaction Fees 3% of each transaction in U.S. dollars

Penalty APR Up to 29.99%

Our Take

The Chase Slate Edge℠ offers a full 18 months of 0% introductory APR on both purchases and balance transfers (15.74% to 24.49% variable APR thereafter), beating out most other cards with intro APR offers. Beyond those 18 months, you’ll have the option to utilize My Chase Plan® on qualifying purchases of at least $100. With this program, you are able to spread out your payments in monthly installments for no interest — the catch is a flat monthly fee of 1.72%. But it is important to note that this fee can end up being very costly, on par with a higher APR if your balance remains unpaid.

See our full review of the Chase Slate Edge for more details.

A well-rounded combination of benefits

Intro OfferIntro Offer: Earn an additional 1.5% cash back on everything you buy (on up to $20,000 spent in the first year) – worth up to $300 cash back!

APR15.74% – 24.49% Variable

Intro Purchase APR0% Intro APR on Purchases for 15 months

Recommended Credit Excellent/Good

Reward Rates

  • Enjoy 5% cash back on travel purchased through Chase Ultimate Rewards®, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards and more;
  • 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service
  • 1.5% on all other purchases

Annual Fee$0

Intro Balance Transfer APR0% Intro APR on Balance Transfers for 15 months

Balance Transfer APR15.74% to 24.49% Variable

Balance Transfer Fee Either $5 or 5% of the amount of each transfer, whichever is greater.

Foreign Transaction Fees 3% of each transaction in U.S. dollars

Penalty APR Up to 29.99%

  • Enjoy 5% cash back on travel purchased through Chase Ultimate Rewards®, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards and more;
  • 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service
  • 1.5% on all other purchases

Our Take

Our top pick for best 0% introductory APR credit card, Chase Freedom Unlimited, checks all of the boxes: 15 months of introductory 0% APR on purchases and balance transfers (15.74% to 24.49% variable APR thereafter), a welcome bonus where you earn an additional 1.5% cash back in the first year on up to $20,000 of expenditure, and competitive rewards.

The base reward rate of the Chase Freedom Unlimited card is 1.5% cash back on purchases, and the card issuer offers 5% cash back on travel booked through Chase and 3% back on restaurant dining and drugstore purchases. Even if it’s not travel-related, you’re looking at 1.5% back on your eligible net purchases right off the bat, along with up to $300 cash back from the welcome bonus.

Check out our full review of the Chase Freedom Unlimited for more details.

Intro OfferN/A

APR15.99% – 25.99% (Variable)

Intro Purchase APR0% for 20 billing cycles on purchases

Recommended Credit Good/Excellent

Reward RatesN/A

Annual Fee$0

Intro Balance Transfer APR0% for 20 billing cycles on balance transfers

Balance Transfer APR15.99% – 25.99% (Variable)

Balance Transfer Fee Either 3% of the amount of each transfer or $5 minimum, whichever is greater

Foreign Transaction Fees 2% of each foreign purchase transaction or foreign ATM advance transaction in U.S. Dollars. 3% of each foreign purchase transaction or foreign ATM advance transaction in a Foreign Currency

Our Take

The U.S. Bank Visa Platinum Card is a great card for a balance transfer, with 20 billing cycles of 0% intro APR on purchases and balance transfers (though remember you still need to make minimum monthly payments; 15.99% to 25.99% variable APR thereafter). The trade-off is a lack of welcome bonus and rewards, but there is no annual fee either.

Travel rewards card with an introductory APR offer

Intro Offer25,000 online bonus points after you make at least $1,000 in purchases in the first 90 days of account opening – that can be a $250 statement credit toward travel purchases.

APRSee Terms

Intro Purchase APRSee Terms

Recommended Credit Excellent/Good

Reward Rates

  • Earn unlimited 1.5 points per $1 spent on all purchases, with no annual fee and no foreign transaction fees and your points don’t expire.

Annual Fee$0

Balance Transfer APRSee Terms

Balance Transfer Fee Either $10 or 3% of the amount of each transaction, whichever is greater.

Late Payment Fee See terms

Foreign Transaction Fees None

Penalty APR up to 29.99% APR

  • Earn unlimited 1.5 points per $1 spent on all purchases, with no annual fee and no foreign transaction fees and your points don’t expire.

Our Take

This online only offer may not be available if you leave this page or if you visit a Bank of America financial center. You can take advantage of this offer when you apply now.

The Bank of America® Travel Rewards credit card is one of the few best introductory APR cards that offers a welcome bonus. The 25,000 online bonus points (after spending $1,000 in the first 90 days) can be redeemed for a $250 statement credit against eligible travel and dining purchases, and the points never expire. Qualifying travel and dining purchases include taxis, ride shares, buses, trains, bars, fast food, flights, hotels, restaurants and more. For most people, that means redemption shouldn’t be a problem. 

FAQs

What is a 0% intro APR credit card?

A 0% introductory annual percentage rate credit card is a simplified term for credit cards with particularly long, introductory 0% APR periods. Most rewards credit cards offer at least 12 months of 0% APR after signing up, but many issuers also have extended offers for select cards. These cards can help you save money in interest payments during that introductory period. But they can also tempt you to carry a balance — which can accumulate into a longstanding debt over time.

When does it make sense to apply for a 0% or low introductory rate credit card?

Ideally, you’re paying off your credit card balance every month to avoid paying an interest charge. If you’re making a significant purchase that you’ll need to pay for over a period of time, using a 0% intro APR card could save you serious money.

These cards may also be useful when you’re in a financial pinch — if you’re between jobs or navigating a period of inconsistent cash flow. As long as the intro APR period doesn’t lure you into spending beyond your means, a 0% intro APR credit card can be a helpful tool.

Are 0% intro APR credit cards good for consolidating credit card debt?

Maybe — but that’s not what they’re designed for. Our picks for the best balance transfer card include a number of options well-suited for consolidating credit card debt — and it may be worthwhile to explore a personal loan, too.

Our methodology

CNET reviews credit cards by exhaustively comparing them across set criteria developed for each major category, including cash-back, welcome bonus, travel rewards and balance transfer. We take into consideration the typical spending behavior of a range of consumer profiles — with the understanding that everyone’s financial situation is different — and the designated function of a card. 

For cash-back credit cards, for example, key factors include the annual fee, the “welcome bonus” and the cash-back rate (or rates, if they differ by spending category). For rewards and miles cards, we calculate and weigh the net monetary value of a card’s respective perks. And with balance transfer credit cards, we analyze specs such as the duration of the introductory 0% APR period and the balance transfer fee, while acknowledging secondary factors such as the standard APR and the length of time you have to make a balance transfer after you open the account.

More credit card recommendations

The editorial content on this page is based solely on objective, independent assessments by our writers and is not influenced by advertising or partnerships. It has not been provided or commissioned by any third party. However, we may receive compensation when you click on links to products or services offered by our partners.

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