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Low introductory rate credit card offers from our partners

By Curtis Arnold Editor-in-chief, updated on May 26, 2015

If you are planning a major purchase in the next few months and want an easy way to spread the payments out, you may want to consider applying for a zero percent or low introductory rate credit card.  Financing new purchases with a low intro rate credit card can result in big savings.  The introductory period on these credit cards typically ranges from 6 months to 18 months or more.  You'll need good to excellent credit to be considered for most low introductory rate credit card offers.

Compare your card and see how it stacks up
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Citi Simplicity<sup>®</sup> Card
About Our Ratings

Citi Simplicity® Card

  • 0% Intro APR on Balance Transfers and Purchases for 21 months. After that, the variable APR will be 12.99% - 22.99% based on your creditworthiness.
  • There is a balance transfer fee of either $5 or 3% of the amount of each transfer, whichever is greater.
  • No late fees - EVER
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Purchase Intro APR: 0%*
Period: 21 months on Purchases*
Purchase APR 12.99 - 22.99% Variable
Balance Transfer Intro APR 0%*
Balance Transfer Intro Period 21 months on Balance Transfers*
Annual Fee $0*
APPLY NOW Credit Needed Excellent
BankAmericard<sup>®</sup> Credit Card
About Our Ratings

BankAmericard® Credit Card

  • 0% Introductory APR for 15 billing cycles for purchases and for any balance transfers made in the first 60 days, then, 10.99% - 20.99% Variable APR. 3% fee (min $10) applies to balance transfers.
  • No annual fee
  • The perfect card for those seeking a simple yet convenient-to-use credit card
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Purchase Intro APR: 0% Introductory APR on purchases
Period: 15 billing cycles
Purchase APR 10.99% - 20.99% Variable 
Balance Transfer Intro APR 0% Intro APR for qualifying balance transfers, then 10.99% - 20.99% Variable APR
Balance Transfer Intro Period 15 billing cycles
Annual Fee $0
APPLY NOW Credit Needed Excellent Credit
Capital One<sup>®</sup> VentureOne<sup>®</sup> Rewards Credit Card
About Our Ratings

Capital One® VentureOne® Rewards Credit Card

  • Enjoy a one-time bonus of 20,000 miles once you spend $1,000 on purchases within the first 3 months, equal to $200 in travel
  • Earn unlimited 1.25 miles per dollar on every purchase, every day and pay no annual fee
  • Fly any airline, stay at any hotel, anytime
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Purchase Intro APR: 0% intro on purchases
Period: until May 2016
Purchase APR 11.9% - 21.9% (Variable) 
Balance Transfer Intro APR N/A
Balance Transfer Intro Period N/A
Annual Fee $0
APPLY NOW Credit Needed Excellent/Good
Chase Slate<sup>®</sup>
About Our Ratings

Chase Slate®

Editor's take by Curtis Arnold
  • Features one of few zero-percent introductory APR balance transfer offers with an introductory $0 balance transfer fee for transfers made during the first 60 days currently available
  • Long standing editor's pick because of consistently above-average introductory offer
APPLY NOW Credit Needed Excellent
Capital One<sup>®</sup> QuicksilverOne<sup>®</sup> Cash Rewards Credit Card
About Our Ratings

Capital One® QuicksilverOne® Cash Rewards Credit Card

  • Earn unlimited 1.5% cash back on every purchase, every day
  • No rotating categories or sign ups needed to earn cash rewards; plus, cash back doesn't expire and there's no limit to how much you can earn
  • Get a 20% Statement Credit on all Uber rides purchased with this card through April 2016
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Purchase Intro APR: 0% intro on purchases
Period: until February 2016
Purchase APR 22.9% (Variable) 
Balance Transfer Intro APR 0% intro on balance transfers
Balance Transfer Intro Period until February 2016
Annual Fee $39
APPLY NOW Credit Needed Average/Fair/Limited
Discover it<sup>®</sup> card
About Our Ratings

Discover it® card

  • 0% intro APR on purchases & balance transfers for 14 months--then a variable purchase APR applies, currently 10.99% - 22.99%. A 3% fee applies to each transferred balance.
  • New Freeze ItSM on/off switch lets you prevent new purchases, cash advances and balance transfers. Freeze or unfreeze your account in seconds via our website or mobile app.*
  • 5% cash back in categories that change each quarter up to the quarterly maximum when you sign up.* Plus, 1% cash back on all other purchases.
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Purchase Intro APR: 0% Intro APR on purchases
Period: 14 months
Purchase APR 10.99% - 22.99% Variable* 
Balance Transfer Intro APR 0% Intro APR on balance transfers
Balance Transfer Intro Period 14 months
Annual Fee $0
APPLY NOW Credit Needed Excellent
The Amex EveryDay<sup>SM</sup> Preferred Credit Card from American Express
About Our Ratings

The Amex EveryDaySM Preferred Credit Card from American Express

  • Earn 15,000 Membership Reward® points after you use your new Card to make $1,000 in purchases within the first 3 months.
  • Earn 50% more points: Use your Card 30 or more times on purchases in a billing period and earn 50% more points on those purchases less returns and credits. Terms and limitations apply.
  • 3x points at US supermarkets on up to $6,000 per year in purchases (then 1x); 2x points at US gas stations; 1x points on other purchases. Terms and limitations apply.
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Purchase Intro APR: 0% on Purchases
Period: for 15 months
Purchase APR 12.99% - 21.99% Variable
Balance Transfer Intro APR 0% on Balance Transfers
Balance Transfer Intro Period for 15 months
Annual Fee $95
APPLY NOW Credit Needed Excellent
The Amex EveryDay<sup>SM</sup> Credit Card from American Express
About Our Ratings

The Amex EveryDaySM Credit Card from American Express

  • Earn 10,000 Membership Reward® points after you use your new Card to make $1,000 in purchases within the first 3 months.
  • Earn 20% more points: Make 20 or more purchases with your Card in a billing period and earn 20% more points on those purchases less returns and credits. Terms and limitations apply.
  • 2x points at US supermarkets, on up to $6,000 per year in purchases (then 1x); 1x points on other purchases. Terms and limitations apply.
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Purchase Intro APR: 0% on Purchases
Period: for 15 months
Purchase APR 12.99% - 21.99% Variable
Balance Transfer Intro APR 0% on Balance Transfers
Balance Transfer Intro Period for 15 months
Annual Fee $0
APPLY NOW Credit Needed Excellent
Capital One<sup>®</sup> Quicksilver<sup>®</sup> Cash Rewards Credit Card
About Our Ratings

Capital One® Quicksilver® Cash Rewards Credit Card

  • One-time $100 cash bonus after you spend $500 on purchases within the first 3 months
  • Earn unlimited 1.5% cash back on every purchase, every day
  • No rotating categories or sign ups needed to earn cash rewards; plus, cash back doesn't expire and there's no limit to how much you can earn
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Purchase Intro APR: 0% intro on purchases
Period: until February 2016
Purchase APR 12.9% - 22.9% (Variable) 
Balance Transfer Intro APR 0% intro on balance transfers
Balance Transfer Intro Period until February 2016
Annual Fee $0
APPLY NOW Credit Needed Excellent/Good
Capital One<sup>®</sup> Platinum Prestige Credit Card
About Our Ratings

Capital One® Platinum Prestige Credit Card

  • Get 0% intro APR on all purchases until August 2016; 10.9%-20.9% variable APR after that
  • Balance transfers also have a 0% intro APR until August 2016, a 3% fee applies to each balance transferred
  • Pay no annual fee or foreign transaction fees
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Purchase Intro APR: 0% intro on purchases
Period: until August 2016
Purchase APR 10.9% - 20.9% (Variable) 
Balance Transfer Intro APR 0% intro on balance transfers
Balance Transfer Intro Period until August 2016
Annual Fee $0
APPLY NOW Credit Needed Excellent/Good
BankAmericard Travel Rewards<sup>®</sup> Credit Card
About Our Ratings

BankAmericard Travel Rewards® Credit Card

  • Earn unlimited 1.5 points per $1 spent on all purchases, with no annual fee and no foreign transaction fees and your points don't expire
  • 10,000 online bonus points if you make at least $500 in purchases in the first 90 days - that can be $100 towards travel purchases
  • Use your card to book your trip how and where you want - no blackout dates and restrictions
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Purchase Intro APR: 0% Introductory APR on purchases
Period: 12 billing cycles
Purchase APR 14.99% - 22.99% Variable 
Balance Transfer Intro APR N/A
Balance Transfer Intro Period N/A
Annual Fee $0
APPLY NOW Credit Needed Excellent Credit
PlayStation<sup>®</sup> Card from Capital One<sup>®</sup>
About Our Ratings

PlayStation® Card from Capital One®

  • Earn 5,000 bonus points after your first purchase in the first 90 days
  • 10 points per $1 spent on all PlayStation® Store purchases
  • 3 points per $1 spent on PlayStation® and Sony purchases at Sony Store and store.sony.com
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Purchase Intro APR: 0% intro on purchases
Period: until February 2016
Purchase APR 13.9% - 24.9% (Variable) 
Balance Transfer Intro APR N/A
Balance Transfer Intro Period N/A
Annual Fee $0
APPLY NOW Credit Needed Good
Sony Card from Capital One<sup>®</sup>
About Our Ratings

Sony Card from Capital One®

  • Earn 5,000 bonus points after first purchase in your first 90 days
  • 5 points per $1 at Sony Store and store.sony.com
  • 3 points per $1 on dining out and movie purchases
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Purchase Intro APR: 0% intro on purchases
Period: until February 2016
Purchase APR 13.9% - 24.9% (Variable) 
Balance Transfer Intro APR N/A
Balance Transfer Intro Period N/A
Annual Fee $0
APPLY NOW Credit Needed Excellent
Credit Card Database

More about Low introductory rate credit card offers

  • What are they?
  • What should I look for?
  • How to compare?
  • Are there any drawbacks?

Credit card companies know that savvy consumers are looking for the best rates on credit cards, so sometimes they offer a low interest rate for a limited time period to attract new cardholders. After the initial period, the interest rate will usually rise to a standard interest rate. Often, there are different interest rates charged for balance transfers versus new purchases, so make sure you truly understand the interest rate structure, fees and minimum finance charge to decide whether one of these credit cards works for you.

How do you qualify for a low APR credit card? Credit card companies assign you an interest rate according to the perceived risk that you will default, or fall behind on repaying your credit card debt. If you have poor credit or a history of problems with credit card debt, you may not qualify for a low intro rate credit card. Find out your credit score before you apply and see if you need to improve your credit before you can qualify for zero APR credit cards. Most cards that come with zero or low intro APR require excellent credit.

Before you can choose the best credit card for your needs, you must identify your goals. If you have credit card debt to pay with a balance transfer, you should compare the following features:

  1. Initial interest rate
  2. Length of introductory term
  3. Interest rate after the introductory term ends
  4. Balance transfer fee
  5. Annual fee, and whether it is waived the first year

The best low rate credit cards have the longest introductory period with the lowest interest rate and the lowest (or no) annual fee. After checking these elements, be sure to check the minimum finance charge so you can estimate your monthly payments. There are plenty of credit card offers on this page to choose among.

You can use a credit card payoff calculator to estimate the size of your payments and how long it will take you to reduce your balance to zero at various interest rates and payment plans. While it may seem to make sense to jump at a zero percent interest rate, you may be better off with a slightly higher interest rate for a longer period if you won't be able to pay your balance in full before the introductory period ends.

For instance, if you want to pay off a $1,500 credit card bill and find a card with zero percent interest for six months, you would need to make a payment of $250 per month to pay it off in time. If you are charged a balance transfer fee of 5 percent, that adds another $75 to the balance. You may want to look into a card with a low interest rate of 3 percent or 4 percent for 12 months to give yourself more time to completely pay off your credit card debt.

There are two main pitfalls with a low introductory rate credit card. The first comes along with the word "introductory". This means that the low interest rate that is enticing you to apply for the card is temporary. Make sure you read the fine print and know when the interest rate will rise and how much it will go up before you sign on for a new card. That's why it is so important to compare credit card offers.

The second pitfall is that these cards are generally only available for consumers with good or excellent credit. Before you apply, check out your credit report and see if you need to improve your credit first.