No interest credit card offers can help consumers save a lot of money on a yearly basis. Most highly rated cards offer no interest on purchases for the first year with some offering zero interest for up to 18 months.
The following 5 credit cards are both highly rated and offer no interest on all purchases for at least the first year:
Chase Slate Credit Card
The Chase Slate credit card offers a 0 percent introductory rate for new customers on all purchases for up to 15 months. For balance transfers, Chase allows consumers to take advantage of 0 percent interest on all transfers made within 60 days of opening the card.
Citi Simplicity Credit Card
The Citi Simplicity credit card offers the longest zero interest term for new cardholders: 21 months for both purchases and balance transfers. After this term, the APR increases to between 13.24 percent and 23.24 percent, depending on past credit history.
Discover IT Card
If you have a less than perfect credit history, the Discover IT card is the perfect entry level zero interest card that will help build your credit to where it needs to be. This card also offers great cash back bonuses of up to 5 percent on most purchases.
The Discover IT credit card offers zero percent interest on all purchases and balance transfers for between 6 and 12 months, depending on your credit history. Discover is also lenient when consumers ask for a credit increase.
Barclaycard Arrival Plus Credit Card
Barclay’s Bank offers a wide range of credit cards that are geared towards individuals with fair to excellent credit. Many consumers use them to help improve their credit in order to move on to better credit cards.
The Barclaycard Arrival Plus credit card offers no interest on transfers and purchases for up to a year after the individual opens the account. The Barclaycard also offers exceptional travel benefits for cardholders that includes airline points.
The Blue Cash Preferred American Express Card
The Blue Cash Preferred American Express Card offers zero percent interest on balance transfers and purchases for 12 months. Consumers can also make purchases online at stores like Amazon to help maximize reward points.