Pay no interest until 2017 with these credit cards -
Updated April 27, 2016
If you carrying a balance on a high interest credit card or you need to make a purchase that you can not pay for a while, you could be throwing money away. Right now, there are credit cards available that have absolutely no interest payments for long lengths of time, allowing you to save on interest charges. In fact, Citi (a NextAdvisor seller) extended the introductory period of 0% APR on his two best 0% APR cards to 21 months, the longest introductory period of 0% APR and we found more than we have seen from a large emitter since we reviewed the credit cards. You can use these cards to pay your balance without interest, almost like a free loan. 21 month 0% Intro April period will take you straight in 2018 without paying a penny of interest. If you pay credit card interest now or will in the near future, you should take a close look at these maps:
Citi Simplicity
with a staggering 21 months 0% intro April on balance transfers and purchases, Citi Simplicity is irrelevant until 2018. in addition, there no late fees and no rate penalty , advantages few other cards offer. Moreover, there is no annual fee so that you do not have to worry about annual fees. Along with 21 months 0% APR you can make new purchases or transfer your existing high interest card balances to it and navigate without interest in 2018. There is a 3% balance transfer fee, but depending on the amount you transfer and what you're paying interest charges, it could definitely be worth it. If you are not sure, use our free balance transfer calculator to see if this is the right card for you.
Citi favorite Diamond
Citi preferred diamond also begins with April 1st 0% for 21 months on balance transfers and purchases, but adds some additional benefits. You will also have concierge service and access to presale tickets through Citi Private Pass. In addition, you win Deal Citi Easy point with every purchase of the card (purchase = 1 point $ 10) you can exchange against the merchandise online discounts, gift cards, travel and recreation. With 21 month 0% APR, you can easily transfer outstanding balances you have on this card and pay no interest over the next 21 months. You can also make big (or small) the purchases you've had your eye on and pay no interest until 2018. The card has a 3% balance transfer fee, which could be really worth in depending on how much you are transferring. You can view our balance transfer calculator to see if this card is the right choice for your situation.
These cards may not be incredibly long 21 month 0% APR other cards do, but they still take you in 2017 without paying a cent of interest:
Chase Slate
If you are concerned about the payment of balance transfer fees, consider Chase Slate. With absolutely no fee balance transfers, no penalty rate and no annual fee and a 15 months 0% Intro APR on balance transfers and purchases, this card can save you serious money. You will not pay a dime to move your balances on Chase Slate and you will pay no interest until 2017. In addition, if you happen to be late on your Chase monthly payment will not increase your interest rate . And it is available to those with good credit , rather than just "excellent" credit. Good credit is generally considered a credit score above 660, making great 0% APR Slate features available to those who may have a ding or two on their credit report.
discover Card - Balance Transfer
Another strong cash back card combining with a 0% intro APR is Discover it Card - Balance Transfer. Enjoy a 18 months 0% Intro April period on balance transfers for 6 months 0% Intro APR on purchases, a low ongoing APR after the introductory period is over and without annual fee. Additionally, you earn 5% cash back in categories that rotate every quarter (of a maximum of $ 1,500 of purchases). You also earn 1% on all other purchases. Also try generously double your first gains of the year , which means if you win $ 200 the first year, they'll give you $ 200 for a total of $ 400. If you take the 5% return you will earn in rotating quarterly categories and double that translates into a whopping 10% cash back. Even if it is given in the first year, it's a pretty great bonus recovery! In addition, you get your TransUnion FICO score for free each month to help you keep tabs on your TransUnion credit history. The card has a 3% balance transfer fee, but depending on your situation, it could still be a good decision.
Citi Card Double Cash
strong rewards With cash back, a 0% Intro APR on balance transfers and no annual fee Citi Card Double Cash is a serious competitor. Right out of the door you enjoy a 18 months 0% Intro APR on balance transfers (note: there is a 3% balance transfer fee). The cards back rewards are generous too - you get 1% on all purchases when you buy them, and another 1% back when you pay for them for Effective cash 2% . The good thing about this card is that you need not worry about rotating categories or specific purchase categories. Instead you simply win a workforce of 2% on all your card purchases.
Disclaimer: This content is not provided or commissioned by the credit card issuer. Opinions expressed here are author's alone, not those of the credit card issuer, and has not been reviewed, approved or otherwise endorsed by the credit card issuer. This content was accurate at the time of this post, but the terms and conditions of card can change at any time. This site may be compensated by the sending credit card affiliate program.