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Low APR credit card offers from our partners

By Curtis Arnold Editor-in-chief, updated on February 28, 2015

Are low APR credit card offers right for you? If you're shopping for low interest credit cards, you should start by identifying how you use your credit now and how you want to use it in the future. If you pay off your balance in full each month, you may not need to search for the best low rate credit cards, since you don't pay any interest on your charges. If you do carry a balance, though, you should compare low APR credit card offers to find a card with a low rate.

Compare your card and see how it stacks up
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Chase Freedom<sup>®</sup>
About Our Ratings

Chase Freedom®

Editor's take by Curtis Arnold
  • Currently offering a sign-up bonus and no annual fee
  • Offers a long introductory period in addition to a solid rewards program
Watch out for: Watch out for the cap on bonus cash back and be sure to set reminders to sign up for bonus categories each quarter
APPLY NOW Credit Needed Good
Barclaycard<sup>®</sup> Ring MasterCard<sup>®</sup>
About Our Ratings

Barclaycard® Ring MasterCard®

  • No Balance Transfer Fees - start saving immediately!
  • A low 8% variable APR on balance transfers and purchases
  • No Annual Fees
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Purchase APR 8% Variable
Purchase Intro APR: N/A
Balance Transfer Intro APR N/A
Balance Transfer Intro Period N/A
Annual Fee $0
APPLY NOW Credit Needed Excellent
Barclaycard<sup>®</sup> Ring MasterCard<sup>®</sup> - 1% Back on Balance Transfers
About Our Ratings

Barclaycard® Ring MasterCard® - 1% Back on Balance Transfers

  • Get a 1% Statement Credit back on the amount of balance transfers made in the first 60 days of account opening
  • No Balance Transfer Fees - start saving immediately!
  • A low 8% variable APR on balance transfers and purchases
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Purchase APR 8% Variable
Purchase Intro APR: N/A
Balance Transfer Intro APR N/A
Balance Transfer Intro Period N/A
Annual Fee $0
APPLY NOW Credit Needed Excellent
Capital One<sup>®</sup> Venture<sup>®</sup> Rewards Credit Card
About Our Ratings

Capital One® Venture® Rewards Credit Card

  • Enjoy a one-time bonus of 40,000 miles once you spend $3,000 on purchases within the first 3 months, equal to $400 in travel
  • Earn unlimited 2X miles on every purchase, every day
  • Fly any airline, stay at any hotel, anytime
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Purchase APR 13.9% - 20.9% (Variable) 
Purchase Intro APR: N/A
Balance Transfer Intro APR N/A
Balance Transfer Intro Period N/A
Annual Fee $0 intro for first year; $59 after that
APPLY NOW Credit Needed Excellent / Good
Chase Slate<sup>®</sup>
About Our Ratings

Chase Slate®

Editor's take by Curtis Arnold
  • Features the 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 Good
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 on every purchase, every day and pay no annual fee
  • Fly any airline, stay at any hotel, anytime
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Purchase APR 11.9% - 19.9% (Variable) 
Purchase Intro APR: 0% intro on purchases
Period: until February 2016
Balance Transfer Intro APR N/A
Balance Transfer Intro Period N/A
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 May 2016; 10.9%-18.9% variable APR after that
  • Balance transfers also have a 0% intro APR until May 2016, a 3% fee applies to each balance transferred
  • Pay no annual fee or foreign transaction fees
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Purchase APR 10.9% - 18.9% (Variable) 
Purchase Intro APR: 0% intro on purchases
Period: until May 2016
Balance Transfer Intro APR 0% intro on balance transfers
Balance Transfer Intro Period until May 2016
Annual Fee $0
APPLY NOW Credit Needed Excellent / Good
BankAmericard Cash Rewards<sup>™</sup> Credit Card
About Our Ratings

BankAmericard Cash Rewards Credit Card

Editor's take by Curtis Arnold
  • Offers bonus cash-back rewards in popular categories
  • Recommended to people who use their card for gas and at grocery stores
Watch out for: Be mindful of the spending cap on bonus cash back
APPLY NOW Credit Needed Excellent
BankAmericard Travel Rewards<sup>®</sup> Credit Card
About Our Ratings

BankAmericard Travel Rewards® Credit Card

  • Earn 1.5 points per $1 on every purchase, every time with no annual fee and no foreign transaction fees†
  • Online exclusive 10,000 bonus points if you make at least $500 in purchases in the first 90 days - that can be $100 towards travel purchases
  • Book travel as you normally would and go online or call to redeem your points for a statement credit toward all or part of your travel purchases
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Purchase APR 14.99% - 22.99% Variable
Purchase Intro APR: 0% Introductory APR on purchases
Period: 12 billing cycles
Balance Transfer Intro APR N/A
Balance Transfer Intro Period N/A
Annual Fee $0
APPLY NOW Credit Needed Excellent
BankAmericard<sup>®</sup> Visa<sup>®</sup> Card
About Our Ratings

BankAmericard® Visa® Card

Editor's take by Curtis Arnold
  • This value version of the BankAmericard card offers a zero-percent introductory rate on purchases and qualifying balance transfers, chip technology for enhanced security at chip-enabled merchant terminals, and no annual feeā€ .
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 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 and no sign ups needed to earn cash rewards
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Purchase APR 12.9% - 22.9% (Variable) 
Purchase Intro APR: 0% intro on purchases
Period: until November 2015
Balance Transfer Intro APR 0% intro on balance transfers
Balance Transfer Intro Period until November 2015
Annual Fee $0
APPLY NOW Credit Needed Excellent / Good
Simmons Bank Visa<sup>®</sup> Platinum
About Our Ratings

Simmons Bank Visa® Platinum

Editor's take by Curtis Arnold
  • Consistently an editor's pick due to having one of the lowest variable interest rates in the country
  • No balance-transfer fee
Watch out for: This card is only available to people with impeccable credit
APPLY NOW Credit Needed Excellent
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 APR 13.9% - 24.9% (Variable) 
Purchase Intro APR: 0% intro on purchases
Period: until December 2015
Balance Transfer Intro APR N/A
Balance Transfer Intro Period N/A
Annual Fee $0
APPLY NOW Credit Needed Excellent
PenFed Premium Travel Rewards American Express<sup>®</sup> Card
About Our Ratings

PenFed Premium Travel Rewards American Express® Card

  • 20,000 bonus points when you spend $2,500 within the first 3 months of opening the Card account
  • Earn 5 points on airfare purchases
  • Earn 1 point on all other purchases
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Purchase APR 9.99% Variable
Purchase Intro APR: N/A
Balance Transfer Intro APR 3.99% APR promotional balance transfer rate
Balance Transfer Intro Period Promotional balance transfer rate for 12 Months on Balance Transfers made between February 15, 2015 through March 31, 2015. After that, the APR for the unpaid balance and any new balance transfers will vary with the market based on the Prime Rate, and is currently 9.99%. A 3% balance transfer fee applies to each transfer. This transaction is subject to credit approval.
Annual Fee $0
APPLY NOW Credit Needed Excellent
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 APR 13.9% - 24.9% (Variable) 
Purchase Intro APR: 0% intro on purchases
Period: until December 2015
Balance Transfer Intro APR N/A
Balance Transfer Intro Period N/A
Annual Fee $0
APPLY NOW Credit Needed Good
PenFed Promise Visa<sup>®</sup> Card
About Our Ratings

PenFed Promise Visa® Card

  • No annual fee
  • No foreign transaction fee
  • No balance transfer fee
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Purchase APR 7.99% to 16.99% Variable APR when you open your account, based on your credit worthiness. Your APR will vary with the market based on the Prime Rate. 
Purchase Intro APR: N/A
Balance Transfer Intro APR 4.99% APR promotional balance transfer rate
Balance Transfer Intro Period Promotional rate for 12 Months on Balance Transfers made between February 15, 2015 through March 31, 2015. After that, the APR for the unpaid balance and any new balance transfers will be 7.99% to 16.99% APR based on your credit worthiness and will vary with the market based on the Prime Rate. This transaction is subject to credit approval.
Annual Fee $0
APPLY NOW Credit Needed Excellent
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.
  • Over 7,000 cardmembers rated 4.8 out of 5 stars* and J.D. Power awarded Discover "Highest in Customer Satisfaction with Credit Card Companies. Tied in 2014."+
  • Free FICO® Credit Score on monthly statements, online and in our mobile app.*
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Purchase APR 10.99% - 22.99% Variable*
Purchase Intro APR: 0% Intro APR on purchases
Period: 14 months
Balance Transfer Intro APR 0% Intro APR on balance transfers
Balance Transfer Intro Period 14 months
Annual Fee $0
APPLY NOW Credit Needed Excellent
Credit Card Database

More about Low APR credit card offers

  • Who can benefit most?
  • What to look for?
  • How can I compare?
  • Are there any drawbacks?

You'll find a low interest credit card most advantageous if you carry a balance on your card and if you are paying off credit card debt. Here's why: paying a lower interest rate credit card means you are paying less each month on the balance. If you know you are likely to carry a balance on future purchases, a low rate credit card will reduce the overall cost of everything you buy. If you are working to reduce your credit card debt, switching to a low interest card means that more of each payment goes toward eliminating the balance than to interest payments. Try a calculator to see the impact of a lower interest rate.

There are several important facts to check when you decide you are ready to apply for a low interest credit card. First, check the interest rate, then check to see how long that rate will last. Some companies offer a short-term introductory rate followed by a rate that is higher than your current card. Unless you can pay the balance in full before the introductory rate ends, that offer won't be valuable. Consumers should also compare annual fees to make sure they are in line with other credit card offers.

Some credit card companies offer credit cards with continuously low interest rates, say 10 or 11 percent APR. They also offer credit cards with a low introductory rate, sometimes as low as zero percent, to encourage you to transfer balances or make several purchases immediately. Compare these credit card offers based on your goals.

1.      Compare the promotional interest rate and see how long it lasts.

2.      If the interest rate will go up, check what the rate will be after the introductory period.

3.      Compare any balance transfer fees if you are considering transferring your debt from one card to another. Balance transfer fees are often as much as 3 percent to 5 percent of the total amount you owe, so make sure the fee you pay does not exceed the amount of money you will save in interest.

4.      Compare the annual fee.

You may want to use a credit card payoff calculator to estimate whether you can pay off your balance before any introductory period ends. Be sure to include the cost of any balance transfer fee in the total amount you will need to pay off.

If you intend to make a major purchase and pay if off over a long period of time, it may make more sense to apply for a credit card with a continuing low interest rate rather than a short-term low APR.

If you have decided a low APR credit card will meet your needs best, check out these low interest credit card offers from our partners to see which one might be the best choice for you.

A low interest credit card usually requires good credit, so consumers with fair to poor credit may not qualify for a lower interest rate. If you aren't sure where your credit stands, check your credit score before applying for a new credit card.

A low interest credit card is less valuable to you if you always pay your credit card bill in full, because you don't pay any interest at all if you pay your bill before the due date. If that's the case, you may be better off looking for a credit card that offers rewards points that you can use for things like airline frequent flier miles, hotel rooms, gas rebates or cash back. You can also look for a credit card with no annual fee or a fee that is waived during the first year.