To many consumers, obtaining a credit card with a low interest rate is the number one priority. This may not be the case with those who pay their balance off at the end of each month, but this incorporates a surprisingly small percentage of the population. For the rest, low interest rates are the way to go, and they don't get much lower than 0%. As it happens, there are many great credit cards out there that offer just that, for an introductory time period that is. Still, the wise consumer can take advantage of this limited time period and use the purchasing power it gives them to their advantage. With that in mind, let's take a look at some of the more prominent credit cards that offer no interest for an introductory time frame.
Chase Freedom Visa Card
With up to six months without interest on all purchases and balance transfers, the Chase Freedom Visa Card is an excellent choice for anyone looking for the best in an introductory no interest credit card. In addition to the excellent introductory offer, the APR following that period is a reasonable (if not entirely noteworthy) 14.24%. They offer a plan for cash back on purchases made in grocery stores, gas stations, and fast food restaurants, as well as a lesser amount of cash back for all purchases made anywhere. They also promise $50 once the consumer has earned that amount in rewards, making the enticement doubly interesting.
Bank of America Visa Signature WorldPoints Rewards
The Bank of America Visa Signature WorldPoints Rewards card offers zero interest on all balance transfers for the first twelve billing cycles (with billing cycles done on a monthly basis). This offer may not be for those who want zero interest on their purchases or cash advances, but can be attractive if balance transfers are your main priority. It also excels in its offer of a low 9.99% APR on all purchases, which is a fairly attractive rate, and a good deal for those with an excellent credit history. The World Points program works to give the consumer points for ever dollar spent on retail purchases. These points can then be redeemed for cash, merchandise, travel, and more. There are no annual fees, and there exists a fairly wide program of discounts available through select merchants.
GM Flexible Earnings Card
The GM Flexible Earnings Card offers the same introductory rate of 0%, but this is only for balance transfers. Still, an excellent option and enticing incentive for those with high balances on other credit cards they wish to get rid of. It offers a middle of the road 14.24 % APR on all purchases, and a full 1% cash back option, as well as earnings toward a new vehicle. There is no annual fee.
About the Author:
Morgan Hamilton is an experienced Financial Adviser who has written a number of informative articles on how to obtain a quality
No Interest Credit Card. Visit BestCreditQuote.com to learn more about
Zero Interest Credit Cards.
