Zero-Cost Credit в„ў Accept Credit Cards For 0%

New rules allow merchants to add a fee for the use of credit cards. Merchants are not permitted to add a fee to debit cards.

Our patent-pending technology ensures regulatory compliance by determining whether a given card is a credit card or a debit card before the transaction is processed. Zero-Cost Credit automatically applies a fee whenever a credit card is swiped or entered so that you receive 100% of the amount of your sale.

Zero-Cost Credit increases consumer fairness.

Credit cards cost more to accept than cash or debit cards. Under the old rules, merchants were not able to add fees for the use of credit cards, so they passed on this cost to all customers.

When all customers bear the cost of credit cards, the average credit card user receives a subsidy of $1,133 each year from customers who choose cash or debit. 1

1 Federal Reserve Bank of Boston, “Who Gains and Who Loses from Credit Card Payments?” Public Policy Discussion Paper No. 10-03, 2010.


zero credit credit cards

Avoid interest on your credit card purchases by comparing the best 0% deals.

What Approach Should Be Taken On 0% Interest Introductory Rates on Credit Cards

Credit card companies are known for making solid deals to potential applicants. Everyone wants to save money or access a perk when using a credit card. High interest rates make saving money on charges difficult. 0% interest introductory rates, however, are as good as.

Is It Wise to Transfers Balances to 0% APR Cards When Interest Begins?

Debt is an American reality for many families. The average family lives with more than $16,000 in credit card debt alone. That’s substantial when you take into account how many other debts the average family carries. A mortgage payment, car payments, and more are.

The Truth About Deferred Interest Credit Cards

If you have debt, you might be intrigued by the idea of paying no interest on your debts by transferring balances to other cards. It’s a great alternative means to debt consolidation for many Americans who do live with debt, and it’s how many families end up getting.

The Best 0% APR Introductory Period Credit Cards Available

Credit card perks aren’t exactly famous for being overwhelming. There are cards companies that offer exciting perks from time to time, and there are card companies that have more benefits than others, but most of them don’t offer anything so overwhelming you can’t.

Obtaining a Zero Interest Credit Card After Bankruptcy

Having a zero interest credit card can be appealing because it allows you to transfer large balances from high interest cards and make substantial purchases without an interest rate to deal with. For individuals who have declared bankruptcy within the past 10 years.

Be Careful of Introductory Zero Interest Credit Cards

Credit card companies often use introductory tactics to bring in new customers, offering a zero percent interest rate period as part of its initial perks. You might find a company offering sign-up bonuses like rewards points, cash gifts and airline mileage to attract.

Is There a Limit to the Number of Zero Interest Cards Someone Can Hold?

0% credit cards present a fantastic deal to those who need to borrow on a card’s account while avoiding interest charges. 0% credit cards are limited to an introductory period. After that introductory period, the interest rate kicks in. One way to keep a.

Citi Simplicity Card 21-Month 0% APR Introductory Period Overview

Debt is an American reality for many families. The average family lives with more than $16,000 in credit card debt alone. That’s substantial when you take into account how many other debts the average family carries. A mortgage payment, car payments, and more are.


The Best 0% Balance Transfer Credit Cards

Zero credit credit cards

Zero credit credit cards

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Those who live under a mountain of credit card debt quickly realize that their suffering has two components. First there is the principle, the actual amount of goods and services that was charged to their credit card. Secondly, there are the financing charges imposed each month on their balance. With each statement cycle, their average daily balance is multiplied by one twelfth of the card's Annual Percentage Rate (APR). Therefore, if you owe $10,000 on a card with an APR of 12%, you are incurring $100 in interest each month. Due to the effect of compounding interest, the finance charges incurred each month add to your balance, resulting in more interest being accrued with each passing month. (See also: What You Must Know Before Transferring Credit Card Balances)

To help relieve the burden of debt and acquire new customers, banks have long offered credit cards with a 0% promotional APR, for a limited time, on balance transfers. Applicants who qualify for a new card with these promotional rates can have their existing balance paid off by their new card. During the time that the 0% promotional rate applies, interest is not being accrued on the balance transferred; however, the amount transferred is almost always subject to a one-time balance transfer fee. This fee, typically 3%-5%, is added to the new balance. Also, cardholders are still responsible for making minimum payments on their account. New transactions may incur interest at the standard rate, although in some instances, the 0% promotional rate also applies to new purchases as well. Finally, no matter how much you are struggling with your debt, it is critical that you continue to make all of your payments on time, as only applicants with the excellent credit will qualify for most of these promotional credit card offers.

How to Save Money With a Balance Transfer

First, it is crucial that those seeking a balance transfer do so as part of a comprehensive plan to eliminate their credit card debt. Such a plan should focus on maximizing their income, minimizing their expenses, and regularly paying down their entire credit card balance before the promotional rate expires.

As part of an overall plan to eliminate debt, the benefits of a balance transfer are clear. For example, if a cardholder has an existing credit balance of $10,000 on a card with a 15% APR, that cardholder is currently accruing $125 in interest each month. If the cardholder continues to pay interest while reducing the balance by $500 each month, that person will still have accrued $1,250 of interest over the 20 months it took him to pay off the balance (15% interest applied to an average daily balance of $5,000 over 12 months). Alternatively, that person could accept a balance transfer offer of 21 months at 0% interest with a 3% balance transfer fee. In this case, that person's old balance of $10,000 will be paid off, while they will incur a new balance of $10,000 plus $300 in balance transfer fees. If all goes according to plan, at the end of the 21 months, the new balance will be paid off and the cardholder will have saved nearly $1,000 in interest.

A 0% balance transfer is not an instant solution to the problem of credit card debt. You should think of these offers as a significant push up a big mountain, but you will still have to do most of the work yourself.

Top 0% Balance Transfer Cards on the Market

Like every aspect of the credit card industry, we are fortunate to enjoy an extremely competitive market for 0% balance transfer credit cards. None of these cards have annual fees. Here are the top offers currently available.

Citi Simplicity® Card - No Late Fees Ever

Zero credit credit cardsZero credit credit cardsThe Citi Simplicity® Card - No Late Fees Ever from our partner Citi offers an intro 0% APR for 21 months on both balance transfers and new purchases (that's a long time). After that, the regular balance transfer APR will be 14.49%-24.49% (variable), depending on your credit. There is a $5 or 3% balance transfer fee (whichever is greater). Simplicity doesn't have any cash back or points program, but it does offer no late fees or penalty interest rates, and include exclusive services like Citi Price Rewind. It also includes EMV Chip technology and is compatible with Apple Pay. There is no annual fee.

Zero credit credit cardsZero credit credit cardsThe Barclaycard Ring™ Mastercard® offers 0% intro APR for 15 months on purchases and qualifying balance transfers for 15 months (after that, a variable 13.99% APR applies). Balance transfers must be made within 45 days of account opening to qualify. This card has no balance transfer fees, foreign transaction fees, and no annual fee.

Bank of America® Cash Rewards Credit Card

Zero credit credit cardsThe Bank of America® Cash Rewards Credit Card offers a 0% Introductory APR for 12 billing cycles for purchases and for any balance transfers made in the first 60 days, then, 13.99% - 23.99% Variable APR. There is a 3% fee (min $10) which applies to balance transfers. The 3% cash back for gas is among the highest available, and you earn 2% at grocery stores and wholesale clubs (for the first $2,500 in combined grocery/wholesale club/gas purchases each quarter). There is no annual fee.

Low Interest Credit Cards for Long Term Debt

Another option to save money if you have a large credit card debt is to transfer the balance(s) to a low interest credit card. This option is especially attractive if you won't be able to pay off the entire balance within the 0% intro APR period of the cards above. Click here for good low interest credit card choices.


Top 6 Best 0 Interest Credit Cards | 2017 Ranking | Top No-Interest, 0% Purchase, 0 Percent Credit Cards (Reviews)

TOP RANKING BEST 0 INTEREST CREDIT CARDS

Finding the Best No-Interest Credit Cards Saves Real Money

Everybody wants credit, but nobody wants high interest rates. The largest downfall to using credit cards is the high interest that makes it difficult to pay off your balance. This is why finding the best 0 interest credit cards is so important.

Zero credit credit cards

Award Emblem: Top 6 Best Zero Interest Credit Cards

To help with this process, we have created this 2017 guide to the top credit cards with no interest on purchases. And we are here to help you find not only the best 0 purchase credit cards, but also those credit cards with 0 interest that offer other special features, including:

  • 0 interest credit cards with cash back or rewards
  • No-interest credit cards with low APR rates after the introductory period
  • Best no-interest credit cards for balance transfers
  • And more

If you are in the market for one of the best 0 interest credit cards, look no further than our guide. You will be on your way toward saving real money and paying off your credit card balance quickly.

Who Are the Best 0 Interest Credit Cards for?

These 0 purchase credit cards are a must for people who know they will carry a balance from month to month on their credit cards.

When you carry a balance, you will be charged an annual percentage rate (APR) on whatever amount you have not paid off. These rates can be extremely high and make it hard to pay off your balance.

Zero credit credit cards

This is why finding one of the best 0 interest credit cards is so important for those who keep a balance on their credit card. You only pay toward the balance each month instead of toward interest.

While there may be better cards than the no-interest credit card offers that offer incredible cash back deals or travel rewards, these cards often come with higher APR ranges to compensate for the perks. They are best for people who know with certainty that they will pay off their balance each month.

AdvisoryHQ’s List of the Top 6 Best 0 Purchase Credit Cards

List is sorted alphabetically (click any of the credit card names below to go directly to the detailed review section for that credit card):

Top 6 Best No-Interest Credit Cards | Brief Comparison & Ranking

0% APR Introductory Offer Length

APR After Introductory Rate

Chase Freedom® Credit Card

Chase Slate® Credit Card

Citi Simplicity® Card

HSBC Platinum MasterCard® Credit Card

Wells Fargo Rewards® Card

Table: Top 6 Best 0 Interest Credit Cards | Above list is sorted alphabetically

Don't Miss: High Yield Bank Accounts

Is There Really Such a Thing as No-Interest Credit Card Offers?

It may seem like finding credit cards with no interest is too good to be true. But while you won’t be finding any 0 interest credit cards that stay that way for years and years, you can use the best 0 purchase credit cards for quite a few months, maybe even a year.

This is how it works: credit card companies make their money off your fees and interest payments. They want as many people to open cards as they can, so they will give you an incentive to open a card.

With that 0 percent credit card offer for a certain number of months, you will be more likely to purchase that large item (or number of items) in hopes of paying it off by the end of the introductory APR. The credit card companies hope, of course, that you do not pay off your 0 purchase credit cards.

But if you use the 0 interest credit cards wisely, you can take real advantage of the zero percent without losing with high APR payments later. So no, you may not be able to find no-interest credit cards for 24 months or longer, but you can still use the best 0 interest credit cards for quite some time.

AdvisoryHQ’s Selection Methodology

What methodology does AdvisoryHQ use in selecting and finalizing the credit cards, financial products, firms, services, and products that are ranked on its various top rated lists?

Please click here “AdvisoryHQ9rsquo;s Ranking Methodologies” for a detailed review of AdvisoryHQ’s selection methodologies for ranking top rated credit cards, financial accounts, firms, products, and services.

Detailed Review – Top Ranking Best No-Interest Credit Cards

Below, please find the detailed review of each credit card on our list of 0 percent credit cards. We have highlighted some of the factors that allowed these no-interest credit card offers to score so highly in our selection ranking.

First card on our list for the best 0 interest credit cards is the BB&T Bright® Card. What makes this one of the top no-interest credit card offers is that you get 0% interest for 15 months, then a very low APR range after the introductory period.

With this BB&T card, it is possible to get an APR as low as the single digits (8.40%). Of course, the rate on this 0 percent credit card depends upon your creditworthiness. But for those who may not finish paying off their balance by the end of the no-interest credit card offers, you cannot beat this APR range.

Best 0 Purchase Credit Cards #1: The Other Highlights

  • Zero fraud liability
  • Travel assistance and accident insurance
  • Easy 24/7 access to online banking
  • Access to automatic bill payments ​

Chase Freedom® Credit Card Review

When it comes to the best no-interest credit cards, sometimes you are looking for more than just free interest. With the Chase Freedom® Credit Card, you get a 0 percent credit card for 15 months, but you also get a great cash back program.

All of your regular purchases through the Chase Freedom® card will earn you 1% cash back. But with this 0 percent credit card you can also earn 5% cash back on up to $1,500 within the special categories each quarter. This makes it one of the top credit cards with 0 interest for earning money.

Best 0 Purchase Credit Cards #2: The Other Highlights

  • Reward redemption flexibility
  • $150 cash back when you spend $500 within the first 3 months of opening your account
  • Zero liability protection
  • Extended warranty protection ​

Next up on our list of the best 0 interest credit cards is the Chase Slate® Credit Card. Not only will you get the advantage of choosing one of the credit cards with 0 interest for 15 months, you also get a great deal when it comes to balance transfers.

The APR of these no interest credit cards, 0% for 15 months, extends to balance transfers, too. Also, as long as you make the balance transfer within 60 days, you will not even have to pay any fees. If you want to make a balance transfer, Chase Slate® is the right 0 percent credit card for you.

Best 0 Purchase Credit Cards #3: The Other Highlights

  • Monthly free FICO score
  • No APR penalty (late payments will not raise your rates)
  • Zero liability protection
  • Embedded chip for security

Without a doubt, the card with the longest introductory offer on our list of the best no-interest credit cards is the Citi Simplicity® Card. This card offers 0% interest for 21 months, the closest to no-interest credit cards for 24 months that you can get.

Considering many credit cards do not even offer a 0% APR introductory offer, and those that do often offer that deal for 12 to 15 months, having nearly two years at 0% with this 0 percent credit card makes it one of the most incredible credit cards with no interest you could apply for.

Best 0 Purchase Credit Cards #4: The Other Highlights

  • No late fees
  • No APR penalty
  • No annual fee
  • Easy access to customer service ​

HSBC Platinum MasterCard® Credit Card Review

The next card on our list of the best 0 interest credit cards has the next best introductory offer, right after the above Citi card. When it comes to 0 interest credit cards, the HSBC Platinum MasterCard® Credit Card offers 0% APR for 18 months.

The long, 18-month introductory APR rate from these credit cards with 0 interest applies toward balance transfers, too, though you will still have to pay an initial 4% fee. Still, the length makes this one of the top 0 percent credit cards on the market.

Best 0 Purchase Credit Cards #5: The Other Highlights

  • Other family members can get free copies of the card
  • No foreign transaction fee
  • Roadside assistance
  • No liability on any unauthorized purchase

Wells Fargo Rewards® Card Review

Last up on our list of the best no-interest credit cards is one of the top options if you want 0 purchase credit cards with rewards. The Wells Fargo Rewards® Card will give you 15 months of no interest, plus you can earn rewards points at the same time.

Most purchases with these 0 percent credit cards can earn you 1 point. The purchases you make for the first six months with these credit cards with 0 interest on gas, grocery, and drugstore will make you 5 times the points. This is a great way to earn travel rewards or gift cards as you take advantage of the no-interest credit card offers.

Best 0 Purchase Credit Cards #6: The Other Highlights

  • Reward point flexibility
  • Auto rental damage waiver
  • Travel accident insurance
  • Roadside dispatch

Conclusion – Top 6 Best 0 Purchase Credit Cards

Now that we have gone over the top 6 best 0 interest credit cards for 2107, it is now time for you to decide which credit cards with no interest will work for you and your finances.

To choose the best no-interest credit cards, start by asking yourself questions such as:

  • Will I be able to pay off my balance at the end of the introductory article? If not, then you should choose one of the 0 interest credit cards with a lower APR range.
  • Do you want to earn travel perks or cash along with your 0 interest? Then you should choose one of the no-interest credit cards with rewards or cash back policies.
  • Do you need to do a balance transfer? Then you should choose one of the best no-interest credit cards that also give balance transfer perks.
  • Do you think it will take you a while to pay off your balance? Then you should choose one of the top 0 percent credit cards with a long 0% introductory rate.

While it may not be feasible to get many no interest credit cards for 24 months, you can still benefit from 0% for quite some time. Before you know it, you will have chosen the best no-interest credit cards for yourself and your money needs for 2017.

Reasonable efforts have been made to present accurate information, however all info is presented without warranty. Review AdvisoryHQ’s Terms for details. Also review each firm’s site for the most updated data, rates and info.

Note: Firms and products, including the one(s) reviewed above, may be our affiliates. Click to view our advertiser disclosures.