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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 17.24%-26.74% (Variable) ★★★★★ 5.0
2 Chase Freedom Unlimited® 0% Intro APR on Purchases 15 months 16.74% - 25.49% Variable ★★★★★ 4.9
3 Chase Freedom® 0% Intro APR on Purchases 15 months 16.74% - 25.49% Variable ★★★★★ 4.9
4 Discover it® Cash Back 0% for 14 months 13.74% - 24.74% Variable ★★★★★ 4.8
5 Discover it® Miles 0% for 14 months 13.74% - 24.74% Variable ★★★★★ 4.8
6 Capital One® SavorOne℠ Cash Rewards Credit Card 0% for 15 months 14.74% - 24.74% (Variable) ★★★★★ 4.7
7 Wells Fargo Cash Wise Visa® Card 0% for 12 months 15.74%-26.74% (Variable) ★★★★★ 4.6
8 Capital One® VentureOne® Rewards Credit Card 0% for 12 months 13.74% - 23.74% (Variable) ★★★★★ 4.6
9 Wells Fargo Propel American Express® Card 0% for 12 months 14.24%-26.74% (Variable) ★★★★★ 4.6
10 GM BuyPower Business Card from Capital One® -Get The Card That Helps You Get The Car 0% intro on purchases for 12 months 18.74% Variable APR ★★★★★ 4.5
11 New! Ink Business Unlimited℠ Credit Card 0% Intro APR on Purchases 12 months 14.99% - 20.99% Variable ★★★★★ 4.5
12 Ink Business Cash℠ Credit Card 0% Intro APR on Purchases 12 months 14.99% - 20.99% Variable ★★★★★ 4.5
13 Capital One® Quicksilver® Card – 0% Intro APR for 15 Months 0% for 15 months 14.74% - 24.74% (Variable) ★★★★ 4.4
14 Capital One® Spark® Cash Select for Business 0% for 9 months 14.74% - 22.74% (Variable) ★★★★ 4.1
15 Discover it® Student chrome 0% for 6 months 14.74% - 23.74% Variable ★★★★ 4.0
16 Discover it® Student Cash Back 0% for 6 months 14.74% - 23.74% Variable ★★★★ 4.0
17 Fingerhut Credit Account N/A See Issuers Website ★★★★ 3.5
18 Freedom Gold Card N/A 0% APR ★★ 2.0

How 0% Intro APRs Work

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

In today’s highly competitive credit card market, issuers are going all out to snare the best applicants. One common method of luring in new customers is through introductory APR offers, many of which provide 0% interest on new purchases.

While intro-APR offers are temporary, these deals can be extremely useful tools when used wisely.

You Pay No Interest for a Limited Time

Every credit card comes with an interest rate for purchases, and the more perks the card has, the higher that rate will tend to be. 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. These deals allow you to make purchases with your credit card and carry a balance without accruing any interest.

This means that 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. Keep in mind that cards with long intro-APR offers will generally require at least good credit to qualify.

Introductory Offers Typically Last at Least Six Months

Thanks to the CARD Act, the minimum requirement for an intro-APR offer is six months. However, many of the best offers will last for 12 months or more, with promotional period of 15 months not uncommon.

No matter how long your introductory offer lasts, of course, it will expire eventually, so it's important to know what your new APR will be when your offer ends. Not only will this be the rate charged any balance that remains after your promotional period, it will also be the rate for any new balances you carry in the future.

Gives You Time to Pay off Large Purchases & Balances

These 0% intro APR offers are ideal for people who need to make large purchases that may require several months to pay off. When used wisely, intro-APR offers can effectively be free financing.

For example, if you need to purchase a new TV, laptop, or furniture, you’ll often be looking at hundreds or even thousands of dollars. Since few of us have that kind of money on hand, it could take six months or more to pay off a purchase of that size. On a regular credit card, this could mean hundreds of dollars in interest fees.

However, if you use a credit card with an active 0% APR offer, you won’t pay any interest on that purchase during the 0% APR window, potentially saving you a ton of money. You’ll need to make sure it’s fully paid off by the time the regular APR kicks in, or you’ll be stuck paying interest fees on your remaining balance.

Late Payments Put Your 0% APR at Risk

One important thing to note about most intro-APR offers is that there are a few cases in which your offer could end early. If you exceed your credit limit or make late payments during this promotional period, for example, you may lose your 0% interest rate.  So, while always important, responsible credit card use is imperative to maintain a 0% APR offer.

Additionally, you may be tempted to cancel this card once the 0% APR is over. Unless the card has a high annual fee, however, you may want to consider leaving it open. Closing a credit card account can have negative impacts on your credit utilization and, thus, your credit score. In most cases, it’s better to keep that line of credit open even 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.

The information on this page was reviewed for accuracy on .

Brittney Mayer

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.