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2018's Best 0% Intro APR Credit Cards

Below are our picks for 2018's best 0% introductory offers. These cards allow cardholders to carry a balance interest-free for a number of months before the regular APR kicks in:

Average APR
17.74%
Average Annual Fee
$3.90
Rate Trend
0.17%
since last month

Review Breakdown: 0% Credit Card Offers

Ready for a great low interest rate on a credit card? Below we've compiled a summary of all the top 0% introductory offers from the major card issuers, along with our expert ratings for each offer. To read more about a particular card, simply click on its name to visit the issuer's official website.

Here are 2018's best 0% APR credit cards:

Best 0 APR Credit Cards
Rank Card Name Purchase Intro APR Regular APR Expert Rating
1 Wells Fargo Platinum Visa® Card 0% for 18 months 16.90%-26.74% (Variable) ★★★★★ 5.0
2 Chase Freedom Unlimited® 0% Intro APR on Purchases for 15 months 16.49% - 25.24% Variable ★★★★★ 4.9
3 Chase Freedom® 0% Intro APR on Purchases for 15 months 16.49% - 25.24% Variable ★★★★★ 4.9
4 Discover it® Cash Back 0% for 14 months 13.49% - 24.49% Variable ★★★★★ 4.8
5 Discover it® Miles 0% for 14 months 13.49% - 24.49% Variable ★★★★★ 4.8
6 Wells Fargo Cash Wise Visa® Card 0% for 12 months 14.74%-26.74% (Variable) ★★★★★ 4.6
7 Capital One® VentureOne® Rewards Credit Card 0% for 12 months 13.49% - 23.49% (Variable) ★★★★★ 4.6
8 GM BuyPower Business Card from Capital One® -Get The Card That Helps You Get The Car 0% intro on purchases for 12 months 18.49% Variable APR ★★★★★ 4.5
9 Ink Business Cash℠ Credit Card 0% Intro APR on Purchases for 12 months 14.74% - 20.74% Variable ★★★★★ 4.5
10 New! Ink Business Unlimited℠ Credit Card 0% Intro APR on Purchases for 12 Months 14.74% - 20.74% Variable ★★★★★ 4.5
11 Capital One® Savor® Cash Rewards Credit Card 0% for 15 months 15.99% - 24.74% (Variable) ★★★★ 4.4
12 Capital One® Quicksilver® Card – 0% Intro APR for 15 Months 0% for 15 months 14.49% - 24.49% (Variable) ★★★★ 4.4
13 Discover it® Student chrome 0% for 6 months 14.49% - 23.49% Variable ★★★★ 4.0
14 Discover it® Student Cash Back 0% for 6 months 14.49% - 23.49% Variable ★★★★ 4.0
15 Fingerhut Credit Account N/A See Issuers Website ★★★★ 3.5
16 Freedom Gold Card N/A 0% APR ★★ 2.0

How 0% Intro APRs Work

Alexandra Leslie
By: Alexandra Leslie
Finance Contributor
Updated:
How 0% Intro APRs Work
CardRates.com Guide: 0% Intro APR

When you browse credit card offers, you’ll see many with offers of a 0% introductory APR. This is a useful tool if used to your advantage.

You Pay No Interest for a Limited Time

Every credit card comes with an interest rate for purchases. When you make purchases on your credit card and carry a balance (meaning you do not pay off your balance in its entirety), you pay interest on that balance. With 0% introductory offers, for a limited time, you pay no interest on your balance.

It allows you to make purchases with your credit card and carry a balance without accruing any interest. All of the payments you make toward your card during that period go to the principal balance — none of it is wasted on interest payments. It’s essentially a free short-term loan.

The CARD Act of 2009 created many new rules and regulations for credit card issuers. Immediately after the CARD Act, 0% offers were short and hard to find. Now, with a more stable economy and robust credit card market, many experts say these offers are increasing in popularity and sometimes generously long. These offers usually require good credit.

Introductory Offers Typically Last at Least Six Months

One of the rules of the CARD Act is that introductory offers must be in place for at least six months. However, in this competitive credit card market, many issuers are offering much longer periods — sometimes up to 18 months — with 0% interest. Once your introductory period ends, the credit card’s regular APR will kick in. You should be aware of this APR when you receive the card. Any remaining balance you have will be subject to this new APR.

Gives You Time to Pay off Large Purchases & Balances

These 0% intro APR offers are ideal for people who need to make large purchases but need some time to pay it off. Think of it as free financing. For example, if you need to purchase a new TV, laptop or furniture, but you might need a year to pay it off, putting it on an existing card or taking out a loan would normally require interest payments. If you put it on a 0% APR card, you won’t pay any interest on that purchase during the 0% APR window. Make sure it’s fully paid off by the time the regular APR kicks in, otherwise you’ll start paying interest payments on the remaining balance.

Late Payments Put Your 0% APR at Risk

If you exceed your credit limit or make late payments during this promotional period, you may lose your 0% interest rate. During this window, responsible credit card use is imperative. Additionally, you may be tempted to cancel this card once the 0% APR is over. We encourage you not to, as opening and closing credit cards quickly can harm your credit. It’s better to keep that line of credit open if you don’t plan to use it often.

Photo source: zone0fsilence.wordpress.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.