Low interest credit card guide
Credit cards designated as low interest feature a low fixed APR (the rate doesn't fluctuate) and often include an even lower introductory APR (the rate is temporary). Low introductory APRs can be as low as 0% and are usually restricted to new purchases only. On many cards, the rate can last up to a year, but after expiration the rate jumps up to the fixed APR. Even so, the rate after the intro period still tends to be the lowest available when compared to other types of cards.
The advantage to using a low interest credit card is the ability to make large purchases and pay it off gradually. Since the card has a low APR, the interest paid on the balance is minimal compared to other types of credit cards. This is useful for large one-time expenses such as major household appliances, extravegant vacations, or expensive emergencies, to name a few. Low interest credit cards best benefit the consumer who carries a balance from month-to-month.
Outside of the low APR, low interest credit cards offer few benefits. Typically one's spending or purchases aren't rewarded by cash back or other incentives, and the rewards programs that do exist aren't as beneficial as rewards-specific credit card programs. There are a few higher-tier credit cards that offer low rates and competitive rewards, but they're reserved for consumers with excellent credit; the better one's credit rating is, the better the card program. For more help and advice, see our library of low interest credit card articles.
Below is our list of the best low interest credit cards available online. Compare the features of each offer and apply for the credit card that best fits your needs.
Citi Simplicity® Card
| Intro APR | Intro APR Period | Regular APR | Annual Fee | Balance Transfers | Credit Needed |
| 0%* | 18 months on balance transfers and purchases* | 12.99% - 21.99%* (Variable) | $0* | Yes* | Excellent Credit* |
Blue Sky from American Express®
| Intro APR | Intro APR Period | Regular APR | Annual Fee | Balance Transfers | Credit Needed |
| 0% on Purchases | for 12 months | 17.24%-22.24% Variable | $0* | Yes* | Excellent Credit* |
Barclaycard® Rewards MasterCard®
| Intro APR | Intro APR Period | Regular APR | Annual Fee | Balance Transfers | Credit Needed |
| 0%* on purchases and balance transfers | 15 months* | 14.99% - 24.99%* (Variable) | $0* | Yes* | Excellent Credit* |
Sony Card from Capital One®
| Intro APR | Intro APR Period | Regular APR | Annual Fee | Balance Transfers | Credit Needed |
| 0% intro APR on purchases* | until April 2013* | 13.9% - 24.9% (V)* | None* | Yes* | Excellent Credit* |
Citi ThankYou® Preferred Rewards Card - $150 in Gift Cards
| Intro APR | Intro APR Period | Regular APR | Annual Fee | Balance Transfers | Credit Needed |
| N/A* | N/A* | 12.99%-22.99%* (Variable) | $0* | Yes* | Excellent |
Visa® Black Card
| Intro APR | Intro APR Period | Regular APR | Annual Fee | Balance Transfers | Credit Needed |
| 0%* | 15 months on balance transfers* | 14.99%* | $495.00* | Yes* | Excellent Credit* |
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