Keep More of Your Money With The Best Low Interest Rate Credit Cards

low interest rate credit cards

The Best Low Interest Rate Credit Cards

With the average American household having around $16,000 in credit card debt, finding a low interest rate credit cards is especially important.

In this post, we’re telling you some of the best low interest rate credit cards that allow you to save more of your hard-earned money and make larger purchases when you need to.

It will also help you improve your credit score.

women removing credit card from wallet

1. The Chase Slate Credit Card

We love that this card offers 0% APR for the first 15 months after you make a purchase or even transfer a balance.

Even better, it comes with penalty-free APR, which means that if you accidentally make a payment late, your interest rate won’t be raised.

Plus, the card also carries no Annual Fee, with an ongoing APR of a little over 15%, and a variable APR of around 24%.

This is perfect for people who might need a little extra time when they’re trying to pay down their debt.

If you charge most of your purchases on your credit card, this may not be the best choice for you, as there is no rewards program for spending.

2. The Citi Simplicity Card

Next on our list of the best low interest rate credit cards is this pick from Citi, which gives you a 21-month introductory APR on transfers and purchases of 0%.

Plus, there’s no Annual Fee, and the later APR is only around 14%, with the variable APR hitting just over 24%.

Plus, there are no late fees, which is great if you have a tendency to fall behind on your payments. You can have a little extra room to breathe, but you won’t fall further into debt.

Keep in mind though, that later this card does come with a 5% fee for transferring your balance. That can seriously chip away at the money you get as a bonus for signing up.

women using credit card online on her laptop

3. The Discover it Card

This credit card is great for people who are especially interested in lower fees.

Of course, it also comes with a 0% APR introductory rate, which lasts for 6 months. Also, you can get a 0% APR rate on any balance transfer for 18 months.

Even better?

Like the other cards listed here, there is also $0 in annual fees associated with this card. It’s APR after the introductory period is about 11.75%, and it’s variable APR rate is close to 26%.

This card also offers its awesome “Cashback Match” program. This means that any cash back that you’ve earned after your first year with the card automatically matches, dollar-for-dollar.

What’s not to love about that?

Also, there are no foreign transaction fees with this card, so it’s great for people who travel.

wallet with credit cards cash and coin

Which Of These Low Interest Rate Credit Cards Is Right For You?

We know it can be tough to pick the perfect credit card for your finances. But especially if low interest rates are important to you, these three cards offer some incredible options!

Looking for more unbeatable financial advice on credit cards, your credit score, and more?

Spend some time on our website to get access to some of the best advice on credit cards available.

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