Zero percent credit cards allow you do not have to pay for APR interest fees on the balances that are accrued for a certain period of time. This makes zero percent credit card a good choice for financing a large purchase or paying off credit card debts from other high-interest credit cards. The following are the top 4 credit cards with zero percent intro promotions that last until 2019.
1. Citi Simplicity Card
Citi Simplicity Card features the longest zero percent intro period which is 21 months for both purchases and balance transfers. At the end of the 21 months, you will get charged with an APR interest charges in between 14.99% – 24.99%. It does not charge fees such as penalty, late and annual fees. The only drawback is that it charges a 3% (minimum $5) balance transfer fee. You can use the card to pay various monthly bills on any due date that you can set from your account.
2. Chase Freedom
Chase Freedom offers 15 months long intro period that is valid on both purchases and balance transfers. The variable APR after the intro period is 15.99% – 24.74%. You can redeem the $150 signup bonus if you spend $500 on the card within 3 months. It offers up to 5% cash back per quarter on rotating bonus categories for up to $1,500. Expenses in other categories also qualifies you to get 1% cash back. Chase Freedom is a good choice for those who want a card with signup bonus and lengthy zero percent intro period.
3. Citi Double Cash Card
Citi Double Cash Card features an 18 months intro period for balance transfer. You’ll be charged a variable APR in between 14.49% – 24.29% after the intro period. The card does charge penalty APR rate and cash advance APR. You don’t have to pay an annual fee to keep the card. The card gives you 2% cash back for every dollar spent with 1% credited to your account when charging the card for a purchase and the remaining 1% cash back is earned when you pay off the purchase. All categories of purchases qualify for cash back.
4. Discover it
Discover it card features 18 months zero percent intro period for balance transfer. There is also an intro APR promotion for purchases that last for 6 months. The variable APR which is in the range of 11.99% – 23.9% will apply after the intro period ends. You can redeem double cash back, for example, getting a cash back of $300 from the $150 cash back you accumulated at the end of the first year automatically. Discover it card waives several fees including the first time late fee, annual fee and foreign transaction fees.