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2018's Best Low APR Credit Cards

Below are our staff picks for 2018's best low interest credit cards. These cards feature the lowest APR (annual percentage rate) on purchases and transfers for qualified applicants:

Average APR
Average Annual Fee
Rate Trend
since last month

Review Breakdown: Best Low APR Credit Cards

Finding the lowest interest rate on a credit card can be tricky, especially when low-interest offers mix an ongoing APR rate with a special introductory rate. Below is a simply summary table to help you better determine the best low interest credit card for your financial needs.

Here are 2018's best low APR credit cards:

Top Low APR Interest Credit Cards
Rank Card Name Regular APR Intro Rate Expert Rating
1 Discover it® Cash Back 13.74% - 24.74% Variable 0% for 14 months ★★★★★ 4.8
2 Discover it® chrome 13.74% - 24.74% Variable 0% for 14 months ★★★★★ 4.8
3 Discover it® Balance Transfer 13.74% - 24.74% Variable 0% for 6 months ★★★★★ 4.8
4 Barclaycard Ring® Mastercard® 13.74% Variable N/A ★★★★★ 4.7
5 Capital One® VentureOne® Rewards Credit Card 13.74% - 23.74% (Variable) 0% for 12 months ★★★★★ 4.6
6 Capital One® Venture® Rewards Credit Card 14.74% - 24.74% (Variable) N/A ★★★★★ 4.6
7 Wells Fargo Cash Wise Visa® Card 14.74%-26.74% (Variable) 0% for 12 months ★★★★★ 4.6
8 Capital One® Quicksilver® Card – 0% Intro APR for 15 Months 14.74% - 24.74% (Variable) 0% for 15 months ★★★★★ 4.6
9 Discover it® Miles 13.74% - 24.74% Variable 0% for 14 months ★★★★★ 4.6
10 Wells Fargo Propel American Express® Card 14.24%-26.74% (Variable) 0% for 12 months ★★★★★ 4.6
11 Capital One® Savor® Cash Rewards Credit Card 16.24% - 24.99% (Variable) 0% for 15 months ★★★★★ 4.5
12 GM BuyPower Business Card from Capital One® -Get The Card That Helps You Get The Car 18.74% Variable APR 0% intro on purchases for 12 months ★★★★★ 4.5
13 Ink Business Cash℠ Credit Card 14.99% - 20.99% Variable 0% Intro APR on Purchases for 12 months ★★★★★ 4.5
14 Chase Freedom Unlimited® 16.74% - 25.49% Variable 0% Intro APR on Purchases for 15 months ★★★★ 4.4
15 Chase Freedom® 16.74% - 25.49% Variable 0% Intro APR on Purchases for 15 months ★★★★ 4.4
16 Wells Fargo Platinum Visa® Card 16.90%-26.74% (Variable) 0% for 18 months ★★★★ 4.2
17 Chase Sapphire Preferred® Card 17.74% - 24.74% Variable N/A ★★★★ 4.1
18 Ink Business Preferred℠ Credit Card 17.74% - 22.74% Variable N/A ★★★★ 4.1
19 Discover it® Student Cash Back 14.74% - 23.74% Variable 0% for 6 months ★★★★ 4.0
20 Credit One Bank® Unsecured Visa® with Free Credit Score Tracking 17.49% - 25.49% Variable N/A ★★★★ 3.8

4 Steps to Maintaining a Low Credit Card APR

Alexandra Leslie
By: Alexandra Leslie
Finance Contributor
4 Steps to Maintaining a Low Credit Card APR
CardRates.com Guide: Low APR

A low credit card APR is a valuable commodity if you ever carry a balance. The higher your interest rate, the more you’ll have to pay back on top of your balance. An increase of just a few percentage points makes a huge difference over how much money you’ll pay over the course of a year. Follow these steps to maintain your low credit card APR.

1. Always Pay Your Bill on Time

Fortunately, the CARD Act of 2009 makes it much more difficult for credit card issuers to give consumers penalty rates. However, if you have a delinquency on your credit card of 60 days or more (meaning you’ve missed at least two payments), you may trigger a penalty rate. This means the credit card company can increase your rate on your existing balance, and they aren’t required to lower it until you regularly pay your bill on time for the next six months.

Always pay your bill on time. Set up reminders in your calendar if you have trouble remembering due dates. If your minimum payments are too high, call your credit company and ask if you can make other arrangements — before you get in trouble and find yourself with a higher interest rate (and a balance that grows more quickly).

2. Negotiate Your Interest Rate

Believe it or not, some credit card companies will lower your APR upon your request. Call your credit company, sell yourself as a good customer and remind them how many years you’ve been banking with them. Let them know about competing credit card offers from other banks with much lower APRs. Mention how you’d like to stay loyal to them and ask for a lower APR.

If they say no or do not offer a low enough rate, ask to speak to a supervisor or someone in the retention department. No luck? You may want to try calling again a few days later and see if a different representative can help.

3. Transfer Your Balance

If you cannot get your credit card company to agree to lower your APR despite your best efforts, and your current interest rate is unmanageable, your best option is to transfer your balance to a card with a lower interest rate. To stay competitive, many banks offer great introductory offers of 0% on balance transfers for a year or longer. Just read the fine print so you know what interest rate to expect once the introductory period ends. If it’s higher than your current rate, it may not be a great deal unless you make major progress on your balance during the 0% introductory period.

4. Avoid Variable Rates

When you have a variable rate on your credit card, it is tied to an index (like the prime rate). As the market fluctuates, your rate can, too. Avoid this by getting a credit card with a fixed rate so you will always know what your rate will be. The only problem? Fixed rate credit cards are harder to find since the CARD Act went into effect.

Maintaining a low credit card APR is easy if you follow some basic steps.

Photo source: static.ccom.com

Editorial Note: Opinions expressed here are author's alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Alexandra Leslie

* Advertiser Disclosure: The credit card offers that appear on this site are from credit card companies from which CardRates.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CardRates.com does not include all credit card companies or all available credit card offers. See the credit card issuer's website for specific terms and conditions of each card.