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The Best 0% Interest Credit Cards in 2020

Several 0% interest credit cards are available in 2020

If you currently have high amounts of consumer debt, such as various credit cards, chances are that you struggling to keep on top of all the required monthly repayments – especially after interest and/or finance charges keep being added with each billing cycle. Below are just a few of the best and most popular 0% interest credit cards that are available during 2020 at the time of writing.

1. BankAmericard Credit Card

This specific credit card currently has one of the best deals available where 0% APR is concerned because the special offer is valid for a period of 18 months – not many other cards have as good of an offer as this. Once the interest-free period comes to an end, rates will vary between 14.49% and 24.49% variable APR on any transfers that are made within the first two months and 18 billing cycles on all purchases.


There is absolutely no annual fee associated with using this card and there is also no penalty APR either. This means that if you pay an installment late your interest rate will not normally be increased automatically. Keep in mind though, that a few other terms, conditions and account pricing may apply.


You will only have 60 days in which to make your balance transfers and take advantage of the bank’s introductory offer. However, there don’t seem to be any other disadvantages associated with using this card.

2. Chase Freedom Unlimited

Along with statement credits, the earnings from this particular credit card can be tethered with a few select Chase cards so that you can earn additional travel benefits through the Chase Ultimate Rewards program. This means that you could boost your reward earnings by as much as 25%.


If you have a moderate amount of consumer debt, this card will be an excellent option for you because its introductory offer involves 0% interest over a period of 15 months. In addition, there is a fantastic sign-up bonus and an ongoing reward system.


The interest rate that will be charged on this card after the introductory period ends vary between 16.49% and 25.24%, so it will not be a good choice if you are going to be carrying a balance after the first 15 months. There is also quite a hefty balance transfer fee to pay.

3. Wells Fargo Platinum Card

If you have a good credit rating, this 0% interest card could be a great option. It’s ideal for those times where you have an upcoming purchase to consider that you’d like to avoid paying interest on.


No interest is payable on this card for the first 18 months after activation, and this applies to qualifying balance transfers and intro APR on purchases. Thereafter, interest rates will vary between 16.99% and 26.49%.


Unfortunately, there are no sign-up bonuses or ongoing rewards that can be collected with this card. The regular APR starts out at quite a high rate of 16.99% and can be as much as 26.49% in some cases.

4. Discover It Balance Transfer

This is currently one of the best credit cards available for low variable APR, which ranges between 13.49% and 24.49%. As such, anyone who is carrying a low balance and who has an excellent credit score could end up being rewarded with much lower interest rates than average.


This card offers a fantastic 5% cashback on rotating categories, but a quarterly sign-up is required, along with a maximum spend of $1,500 per quarter (1% thereafter). At present, this is one of the best 0% intro APR credit cards available, especially where ongoing rewards are concerned. 0% interest is charged for the first 18 months, which then rises to between 13.49% and 24.49% variable thereafter.


Although this card comes with an end-of-first-year bonus that consists of you receiving double your cashback at the end of the first year, no sign-up bonus is payable. Also, 0% into APR on your purchases is only for six months – thereafter, it changes to between 13.49% and 24.49%.

5. Citi Diamond Preferred Card

This is currently the best 0% interest credit card if you have an excellent credit score. It’s standard APR of between 15.24% and 25.24% start out at a lower rate than many other cards, namely the Citi Simplicity.


One of the main reasons why this card stands out from most of its competitors is the fact that no interest is charged on balance transfers for a period of 21 months. Thereafter, rates vary between 15.24% and 25.24%.


No sign-up bonus or ongoing rewards are offered with this specific card, meaning that it may not be a good option for long-term use. In addition, the 0% interest offer on your purchases will only be for 12 months – thereafter, the variable rates of between 15.24% and 25.24% will kick in.

6. Discover It Cash Back

When obtaining this card, you could be rewarded with as much as $600 in cashback in your first year – you obtain 5% back on selected categories up to the quarterly maximum of $1,500 in purchases after activation. Categories for the first quarter of 2020 include CVS purchases, groceries and Walgreens purchases.


This card has quote a low variable APR when compared with other credit cards – it varies between 13.49% and 24.49%. This is especially handy if you think you might end up carrying a balance once the interest-free offer expires. The rewards are also great, even though no sign-up bonus is being offered.


This card’s introductory offer of 0% for the first 14 months on balance transfers and purchases isn’t one of the longer options available. As such, you might want to consider other card options if you have a large amount to repay – especially if you think you won’t be able to pay it off in full before the introductory offer expires. Very little travel and purchase benefits are available when using this card as well.

7. Capital One Quicksilver Cash Rewards Credit Card

This is listed as being one of the best interest-free credit cards if you enjoy receiving cashback rewards. You’ll earn $150 after spending $500 within the first three months of having this card, and thereafter, you’ll be able to earn 1.5% unlimited cash back with the Quicksilver Cash Rewards program.


This card carries no annual fees, along with fantastic cashback offers and it even doubles as a zero-interest card. This makes it one of the best options if you intend keeping a specific credit card to use over the long term. The introductory offer consists of 0% interest for the first 15 months and balance transfers and purchases that are made. Thereafter, rates vary between 15.49% and 25.49%.


Unfortunately, this specific card doesn’t offer the high cash back rate on any rotating categories as some other cards do. However, this is not something you’ll really need to consider if you obtain this card.

8. Wells Fargo Cash Wise Visa Card

This card is currently rated as being the best 0% APR credit card for anyone who doesn’t want to pay annual fees. Great sign-up bonuses and ongoing rewards further sweeten the deal with it as well.


You’ll be able to earn 1.8% cash back rewards on qualifying digital wallet purchases such as Google Pay™ or Apple Pay® for the first year after your account has been opened. You can also obtain up to $600 protection on your cellphone (a $25 deductible is payable) against theft or covered damage when paying your monthly bill with this specific card.


The 15-month 0% interest period doesn’t really stand out when compared to some other credit cards (after the introductory period, rates will vary between 15.49% and 27.49% APR). As a result, this card is best suited to anyone who doesn’t have a high debt balance to transfer.

9. Bank of America Cash Rewards Credit Card

At present, this card is the best 0% interest option for those who enjoy receiving introductory cash reward bonuses. The tiered reward system on this card is one of the best offers out there at the moment, with users receiving a 3% cashback on a category of their choice (six options can be selected from). Along with this, 2% can be earned back at grocery stores and wholesale clubs (limit of $2,500 spend per quarter for all categories). Thereafter, a 1% cashback applies.


The sign-up bonus is currently one of the best available offers for a card that doesn’t charge annual fees. If $1,000 is spent during the first 90 days, a $200 is earned as well. In addition, the 0% introductory APR is for 15 billing cycles on balance transfers that are made within the first 60 days and purchases. Thereafter, rates will vary between 15.49% and 25.49%.


While it’s difficult to find a cashback card with a better 0% introductory APR, this may not be the best option for you if you have a large purchase coming up shortly. In cases like these, cards with a longer 0% introductory offer and no other rewards could be your best solution.

10. Citi Simplicity Card

This card is currently rated as the best 0% interest credit card if you intend using it to do a balance transfer. Its zero percent introductory APR balance transfer offer is one of the best options currently available – it remains valid for 21 months. Thereafter, rates will vary between 16.24% and 26.24%.


This card offers no late fees, no penalty rates, and even no annual fee. The Citi® Quick-Lock option allows you to activate and deactivate your account in a hurry in the event of losing your card.


No sign-up bonus or ongoing rewards are available with this card, and the 0% introductory APR will only last for 12 months. After that, it rises to between 16.24% and 26.24%.

Although there are several 0% interest credit card offers available, it’s always essential to research them thoroughly before signing up for any of them. This will enable you to obtain the best offer possible.