Although most think about getting welcome bonuses as rewards, it might be better to consider applying for credit cards that offer introductory APR. This post will help you to choose your 0% APR card.

Even though it seems not that valuable, you won’t regret it as soon as you get to know what it is.

So, before learning how to choose your 0% APR card, let me do a little review about the Annual Percentage Rate and introductory APR.

Check it out!

First of all, the Annual Percentage Rate or APR is demonstrated as an interest rate based on a calculation of fees plus the total interest paid during a loan term.

Also, it is divided by the principal – or loan amount – and divided by the total number of days of a loan. Then, it is multiplied by one year.

In other simple words, the calculation considers a periodic interest rate multiplied by the number of periods when it was applied.

Since APR is a yearly rate charged in case of loans, credit card issuers charge it, too.

They can charge APR as a fixed or a variable rate, and they can charge it for purchases, balance transfers, and/or cash advances.

Basically, let’s suppose you violate any term or condition regarding the cardholder agreement or make a late payment, issuers will charge expensive penalty APRs.

That’s where introductory APR offers come in. 

Many cards provide excellent lower APRs during a period of time after you open an account. Maybe, it would be great for you to consider that, especially if you are trying to re-establish or build a good financial path.

Keep reading to choose your 0% APR card!

Discover it Cash Back credit card offers a 0% introductory APR for 15 months on both balance transfers and purchases.

Also, it doesn’t charge an annual fee and provides unlimited up to 5% cash back on all purchases.

Before applying, remember to read the terms and conditions.

Bank of America features a wide range of cards. The Unlimited Cash Rewards Credit Card provides 0% intro APR for the first 15 billing cycles on purchases and 60 days on balance transfers (the period starts counting from the account opening date).

In addition, there is no annual fee, and you earn unlimited 1.5% cash back on every purchase you make.

Plus, the card offers a welcome bonus!

The U.S. Bank Visa Platinum Card offers 0% introductory APR on balance transfers and purchases for 20 billing cycles.

Furthermore, it doesn’t charge an annual fee.

Also, it is a great tool for you to stay aware of your financial health. 

Capital One also is an amazing bank with several credit card options. The Quicksilver Cash Rewards provides 0% intro APR for 15 months on both balance transfers and purchases.

Moreover, it doesn’t charge an annual fee, and you earn unlimited 1.5% cash back on all purchases.

The Citi Custom Cash Card also offers 0% APR on purchases and balance transfers for 15 months from the account opening.

It doesn’t charge an annual fee, too. 

Plus, it features up to 5% cash back on eligible categories up to a limit. After that, it offers 1% cash back on all purchases.

American Express is recognized for its fantastic card options. The Blue Cash Everyday Card is no different.

It provides low APR for 15 months on purchases and balance transfers.

Also, it features up to 3% cash back on all purchases and a lot of extra benefits for travelers, shoppers, and those who love entertainment. 

Besides the amazing welcome bonus, the Chase Freedom Flex card offers a low APR for 15 months on purchases and balance transfers.

Furthermore, there is no annual fee and up to 5% cash back on eligible categories.

Another Chase option, Freedom Unlimited also offers a good welcome bonus, up to 5% cash back, and security features.

The 0% introductory APR lasts 15 months from the account opening on balance transfers and purchases.

The Wells Fargo Active Cash Card provides 15 months of 0% intro APR on purchases and qualifying balance transfers.

Besides the welcome bonus of $200 under certain terms and conditions, this card offers unlimited 2% cash rewards on purchases.

Now, the longest period of lower APR goes to Wells Fargo Reflect Card. You can get up to 21 months of 0% APR on purchases and qualifying balance transfers.

Although it doesn’t offer a reward program, this credit card doesn’t charge an annual fee.

In case you need a little help choosing your next credit-building tool, we have prepared a list of the best eight cards you might be happy to access.

As you are already familiar, good credit cards with the lowest APR offers usually require at least a fair credit score.

So, don’t waste any more time searching for a card that helps you build credit in order to get a better one later. Check out the list now!