13 Best Interest Free Credit Cards of December 2022 | 0% APR for up to 21 Months

Credit cards offering low interest can help reduce the amount you pay in interest. Many cards today offer a 0% APR (no interest credit card) for a year or more. Here we list the best interest free credit cards for both balance transfers and purchases, which we update monthly.

December 2022 Update on Interest-Free Credit Cards

The landscape for credit cards that offer an interest-free introductory period remained stable last month. There were no major changes to 0% APR intro periods. We did add the Citi Simplicity® Card to our list due to its long 0% APR for balance transfers. There’s no annual fee for the card, and according to the data we collected from online forums, it looks like someone with a credit score as low as 650 was approved for the card.

We have seen the regular APR on most cards rise. So far, however, the rising rates haven’t affected the no-interest intro offers. Finally, always have a plan for your debt when the promotional rate ends. As the CFPB warns, you can end up paying a lot of interest once the 0% intro APR expires.

Best No Interest Credit Cards

The following 0% APR credit cards offer no interest on balance transfers, purchases or both.

Citi Custom Cash Card–Editor’s Pick

0% for 15 months + Cash Back + Signup Bonus

A new card from Citi, the Citi Custom Cash Card competes with other 5% cash back cards such as the Chase Freedom Unlimited. The big difference is that Custom Cash doesn’t have rotating categories. Instead, you can earn 5% cash back each month on up to $500 in purchases in one of several categories.

The big deal is that you don’t have to pick the category in advance. Citi simply applies the 5% cash back to the eligible category in which you’ve spent the most each month. The result is a 5% cash back card without the hassle of signing up every quarter or the limitation of just one or two categories qualifying each quarter.

All other purchases earn 1% cash back. There is no annual fee and a 0% APR on both purchases and balance transfers. Good to excellent credit is required to qualify for the card.

• 0% Intro APR: The card offers a 0% intro APR on balance transfers for 15 months and on purchases for 15 months, after that the variable APR will be 17.74% - 27.74%, based on your creditworthiness.
• Balance transfer fee: $5 or 5% of the amount of each transfer, whichever is greater.
• Signup Bonus: $200 after spending $1,500 in the first 6 months
• Annual Fee: $0

Approval Odds*

App Status	Date	Credit Score	Bureau	Credit Limit
Approved	06/10/2021	724	Experian	$7,800
Approved	06/10/2021	728	Equifax	$7,800
Approved	06/10/2021	792	Experian	$8,000
Approved	06/10/2021	813	TransUnion	$6,500
Approved	06/12/2021	809	Experian	$11,600
Approved	06/10/2021	809	Equifax	$6,500
Approved	06/10/2021	783	TransUnion	$3,400
Approved	06/14/2021	714	Experian	$3,500
Approved	06/13/2021	759	Experian	---
Denied	06/10/2021	810	Equifax	---

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U.S. Bank Visa® Platinum Card

The U.S. Bank Visa® Platinum Card currently offers 0% interest on both purchases and balance transfers for 18 billing cycles. There is a balance transfer fee of 3% of the amount of each transfer or $5 minimum, whichever is greater, but no annual fee.

• 0% Intro APR: 0% Intro APR on purchases and balance transfers for 18 billing cycles. After that, a variable APR currently 18.24% - 28.24%.
• Balance transfer fee: 3% of each transfer amount, $5 minimum. There is a $2 minimum interest charge where interest is due.
• Signup Bonus: None
• Annual Fee: $0

Approval Odds*

App Status	Date	Credit Score	Bureau	Credit Limit
Approved	04/22/2021	800	Not Provided	$5,000
Approved	01/31/2021	750	Not Provided	$1,100
Approved	07/30/2021	740	Not Provided	$500
Denied	05/18/2019	700	Not Provided	---

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Citi® Diamond Preferred® Card

The Citi® Diamond Preferred® Card is known for one thing, a long 0% APR offer. It currently gives new cardholders a 0% APR for 21 months on balance transfers and 12 months on purchases. It’s one of the longest available today from any credit card. It charges no annual fee. The downside to this card is that it offers no rewards.

• 0% Intro APR: 0% Intro APR for 21 months on balance transfers from date of first transfer and 0% Intro APR for 12 months on purchases from date of account opening. After that the variable APR will be 16.74% - 27.49%, based on your creditworthiness. Balance transfers must be completed within 4 months of account opening.
• Balance transfer fee: $5 or 5% of the amount of the transfer, whichever is greater
• Signup Bonus: None
• Annual Fee: $0

Approval Odds*

App Status	Date	Credit Score	Bureau	Credit Limit
Approved	06/09/2018	764	Equifax	$2,800
Approved	01/09/2017	725	Equifax	$6,200
Approved	05/20/2018	710	Not Provided	$7,400
Approved	07/01/2020	799	Equifax	$9,800
Denied	04/04/2021	698	Equifax	---

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Citi Simplicity® Card 

Citi Simplicity® Card offers both a decent 0% rate on purchases for the first 12 months and an even better balance transfer offer for 21 months. You won’t get any rewards, but this is a great card if you want to make a big purchase or transfer higher-rate debt.

• 0% Intro APR: Get 0% on purchases for 12 months and 0% on balance transfers for 21 months.
• Balance Transfer Fee: Either $5 or 3% of the amount of each transfer, whichever is greater for the first four months of account opening, after that balance transfer fee of $5 or 5% after first four.
• Signup Bonus: None
• Annual Fee: $0

Approval Odds*

App Status	Date	Credit Score	Bureau	Credit Limit
Approved	12/31/2018	690	Equifax	$1,500
Approved	12/31/2018	713	Experian	$1,500
Approved	12/31/2018	719	TransUnion	$1,500
Approved	01/27/2019	650	Experian	$5,000
Approved	01/27/2019	660	TransUnion	$5,000
Approved	01/27/2019	720	Equifax	$5,000
Approved	11/07/2021	760	Equifax	$14,600

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Chase Freedom Unlimited®

The Chase Freedom Unlimited® is designed for those looking for a long 0% APR offer on purchases and excellent cash back rewards. In addition, Chase recently added 0% balance transfers to the card. There’s no annual fee, free access to your FICO score, and a signup bonus.

• 0% Intro APR: The card offers a 0% intro APR on balance transfers for 15 months and on purchases for 15 months, after that the variable APR will be 18.74% - 27.49%.
• Balance transfer fee: Intro fee of either $5 or 3% of the amount of each transfer, whichever is greater, on transfers made within 60 days of account opening. After that: Either $5 or 5% of the amount of each transfer, whichever is greater.
• Signup Bonus: Earn an extra 1.5% cash back the first year on all purchases up to $20,000 in spending (up to a $200 value).
• Annual Fee: $0

Approval Odds*

App Status	Date	Credit Score	Bureau	Credit Limit
Approved	03/04/2022	724	TransUnion	$13,900
Approved	03/04/2022	726	Experian	$13,900
Approved	02/16/2022	772	Experian	$18,000
Approved	02/16/2022	778	TransUnion	$18,000
Approved	02/16/2022	803	Equifax	$18,000
Approved	03/02/2022	793	TransUnion	$12,700
Approved	06/07/2021	782	Experian	$4,700
Approved	08/01/2021	772	Equifax	$13,200
Approved	08/01/2021	773	Experian	$13,200
Approved	08/01/2021	818	TransUnion	$13,200
Denied	09/16/2019	758	Equifax	---
Denied	09/16/2019	762	TransUnion	---
Denied	06/13/2019	612	Experian	---
Denied	06/13/2019	613	TransUnion	---

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Citi® Double Cash Card - 18 month BT offer

0% on balance transfers for 18 months + cash back

I’ve carried the Citi® Double Cash Card - 18 month BT offer for years. It’s been my everyday card and even put our children through college. The cash back rewards on two college tuitions were amazing.

It pays 2% cash back on all purchases–1% when you buy and 1% as you pay your credit card bill. Pay in full every month as we do, and you earn the 2% right away.

As for its no interest offer, you get a 0% APR for 18 months on balance transfers made within four months of account opening. After that, the variable APR will be 17.74% - 27.74%. Note that the 0% offer does not apply to purchases. There is no annual fee for this card.

It’s one of the highest rated cards on the site.

• 0% Intro APR: 0% intro APR on Balance Transfers for 18 months. After that, the variable APR will be 17.74% - 27.74%, based on your creditworthiness.
• Balance transfer fee: 3% of each transfer (minimum $5) completed within the first 4 months of account opening. After that, your fee will be 5% of each transfer (minimum $5).
• Signup Bonus: None
• Annual Fee: $0

Approval Odds*

App Status	Date	Credit Score	Bureau	Credit Limit
Approved	08/15/2020	749	Equifax	$7,000
Approved	05/12/2021	690	Equifax	$6,100
Approved	08/26/2022	772	Equifax	$5,000
Approved	04/26/2020	752	Equifax	$13,800
Denied	09/02/2014	710	Experian	---
Denied	06/16/2017	752	Experian	---
Denied	09/06/2020	777	Equifax	---
Denied	06/13/2021	630	Equifax	---
Denied	04/06/2016	607	Equifax	---
Denied	09/17/2015	737	Experian	---

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U.S. Bank Cash+ Visa Signature Card

The U.S. Bank Cash+ Visa Signature Card is one of the few cards that comes with a 0% APR on qualifying balance transfers and purchases for 15 billing cycles and excellent cash back rewards. It’s also one of the few to come with a cash signup bonus.

• 0% Intro APR: The card offers a 0% intro APR on balance transfers for the first 15 billing cycles and on purchases for the first 15 billing cycles. After that, a variable APR currently 18.24% - 28.24%.
• Balance transfer fee: 3% of each transfer amount, $5 minimum
• Signup Bonus: $200 after spending $1,000 in the first 120 days
• Annual Fee: $0

Approval Odds*

App Status	Date	Credit Score	Bureau	Credit Limit
Approved	08/03/2020	765	TransUnion	$5,000
Approved	08/18/2017	773	Experian	$7,500
Approved	06/06/2019	754	Experian	$6,000
Approved	07/16/2018	676	TransUnion	$5,000
Approved	04/02/2020	819	TransUnion	$5,000
Denied	07/19/2021	708	Experian	---

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Blue Cash Preferred® Card from American Express

The Blue Cash Preferred® Card from American Express doesn’t have the longest 0% APR on our list. In addition, it charges an annual fee after the first year. In return, however, you get excellent cash back rewards. These include a welcome bonus and up to 6% cash back (subject to spending caps as noted below).

• 0% Intro APR: 0% intro APR on purchases for 12 months from the date of account opening, then a variable rate, 17.74% - 28.74%.
• Balance transfer fee: Either $5 or 3% of the amount of each transfer, whichever is greater.
• Welcome Offer: Earn a $250 statement credit after you spend $3,000 in purchases on your new Card within the first 6 months.
• Annual Fee: $0 intro annual fee for the first year, then $95

Approval Odds*

App Status	Date	Credit Score	Bureau	Credit Limit
Approved	05/17/2021	675	Experian	$2,000
Approved	04/09/2022	780	Experian	$6,000
Approved	04/09/2022	787	TransUnion	$6,000
Approved	12/17/2021	680	Experian	$1,000
Approved	12/17/2021	692	TransUnion	$1,000
Approved	03/20/2022	673	Experian	$1,000
Approved	07/21/2021	681	Experian	$1,000

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Blue Cash Everyday® Card from American Express

The Blue Cash Everyday® Card from American Express comes with a 0% intro APR offer. In addition to the cash back and bonus cash rewards, you’ll get a 0% introductory rate for 15 months on purchases and for 15 months on balance transfers. There is no annual fee. Here are the details:

• 0% Intro APR: Balance Transfer is back! Enjoy 0% intro APR on purchases and balance transfers for 15 months from the date of account opening. After that, 17.74% - 28.74% Variable variable APR.
• Balance transfer fee: Either $5 or 3% of the amount of each transfer, whichever is greater.
• Welcome Bonus: Earn up to $250 – Here’s How: Earn up to $150 back when you shop with PayPal. Earn 20% back as a statement credit on purchases when you use your new Card to check out with PayPal at merchants in the first 6 months of Card Membership, up to $150 back. Plus, earn $100 back as a statement credit after you spend $2,000 in purchases on your new Card in the first 6 months of Card Membership.
• Annual Fee: $0

Approval Odds*

App Status	Date	Credit Score	Bureau	Credit Limit
Approved	09/07/2022	692	Equifax	$5,000
Approved	01/05/2020	740	Not Provided	$16,000
Approved	07/26/2022	683	Experian	$2,000
Approved	02/13/2020	730	Equifax	$11,500
Approved	02/13/2020	747	TransUnion	$11,500
Approved	12/02/2019	658	TransUnion	---
Approved	12/02/2019	660	Equifax	---
Approved	11/26/2021	755	Not Provided	$3,100
Approved	09/07/2022	665	Experian	$5,000
Approved	09/07/2022	667	TransUnion	$5,000
Approved	02/09/2022	736	Experian	---

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Capital One Quicksilver Cash Rewards Credit Card

The Capital One Quicksilver Cash Rewards Credit Card combines cash back and an early spend bonus with a solid 0% intro APR on purchases and balance transfers for 15 months; 17.99% - 27.99% variable APR after that. It made our list of one of the best 1.5% cash back cards as well.

• 0% Intro APR: The card offers a 0% intro APR on balance transfers for 15 months and on purchases for 15 months, after that the variable APR will be 17.99% - 27.99%.
• Balance transfer fee: 3% fee on the amounts transferred within the first 15 months
• Signup Bonus: $200 after spending $500 in the first 3 months of account opening
• Annual Fee: $0

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Wells Fargo Active Cash Card

The Wells Fargo Active Cash Card offers an excellent signup bonus and unlimited 2% cash rewards on purchases. There’s also no annual fee.

• 0% Intro APR: The card offers a 0% intro APR on balance transfers for 15 months and on purchases for 15 months, after that the variable APR will be 17.99%, 22.99%, or 27.99%.
• Balance transfer fee: $5 or 3% of the amount of each balance transfer, whichever is greater, for 120 days from account opening. After that, up to 5% for each balance transfer, with a minimum of $5.
• Signup Bonus: $200 after spending $1000 in the first 3 months of account opening
• Annual Fee: $0

Approval Odds*

App Status	Date	Credit Score	Bureau	Credit Limit
Approved	05/19/2022	706	Equifax	$9,000
Approved	09/04/2022	789	Experian	$30,000
Approved	10/12/2022	779	Equifax	$11,000
Approved	10/12/2022	768	TransUnion	$11,000
Approved	10/12/2022	778	Experian	$11,000
Approved	07/01/2021	737	Experian	$2,000
Approved	07/01/2021	775	Experian	$4,000

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Capital One VentureOne Rewards Credit Card

The Capital One VentureOne Rewards Credit Card is a travel reward card with a signup bonus, rewards, and no annual fee. The signup bonus is worth $200 in travel.

• 0% Intro APR: The card offers a 0% intro APR on balance transfers for 15 months and on purchases for 15 months, after that the variable APR will be 17.99% - 27.99%.
• Balance transfer fee: 3% fee on the amounts transferred within the first 15 months
• Signup Bonus: 20,000 bonus miles after spending $500 in the first 3 months of account opening
• Annual Fee: $0

Approval Odds*

App Status	Date	Credit Score	Bureau	Credit Limit
Approved	10/29/2021	664	Equifax	$5,000
Approved	10/29/2021	682	Experian	$5,000
Approved	10/29/2021	697	TransUnion	$5,000
Approved	04/05/2018	690	Experian	$2,000
Approved	04/05/2018	701	TransUnion	$2,000
Approved	04/05/2018	711	Equifax	$2,000
Approved	09/17/2017	670	TransUnion	$10,000
Approved	03/05/2018	712	TransUnion	$10,000
Approved	03/05/2018	720	Experian	$10,000
Approved	06/05/2015	580	Experian	$10,000
Approved	06/08/2015	725	Equifax	$10,000
Approved	06/08/2015	729	TransUnion	$10,000
Approved	06/08/2015	744	Experian	$10,000
Denied	05/04/2016	705	Equifax	---
Denied	05/04/2016	705	TransUnion	---
Denied	05/04/2016	709	Experian	---

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Union Bank® Platinum™ Visa® Credit Card— Best for $0 Intro Balance Transfer Fee

The Union Bank® Platinum™ Visa® Credit Card has no annual fee and offers a $0 intro balance transfer fee. But it’s not a rewards card and there is no signup bonus.

• 0% Intro APR: The card offers 0% intro APR on balance transfers and purchases for 15 months after account opening. After, a variable APR of 12.24% to 23.74% applies.
• Balance transfer fee: $0 introductory balance transfer fee for transfers done within 60 days of account opening. Then, the transfer fee is 3% of each transfer (minimum $10).
• Signup Bonus: None
• Annual Fee: $0

Approval Odds*

App Status	Date	Credit Score	Bureau	Credit Limit
Approved	04/30/2022	797	Equifax	$10,000
Approved	06/07/2022	772	Not Provided	$8,500
Denied	03/08/2019	732	Equifax	---

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How to Choose a No Interest Credit Card

What will you use the card for? No interest cards offer a 0% APR on balance transfers, purchases, or both. With balance transfers, you can transfer one or more high-interest credit card balances onto the interest-free credit card and pay no interest during the introductory period. This helps you pay down your debt faster.

If your goal is to make a big purchase instead of paying off debt, you’ll want to pay attention to the introductory period on purchases. Sometimes, 0% APR for purchases ends before the balance transfer intro period.

What are the perks? Does the card offer a signup bonus or cash back rewards? Also pay attention to the cash back rewards details. While one credit card might boast a 5% cash back, it’s likely limited to certain purchases, like gas or groceries so you’ll have to use your card for those spending categories to get 5% cash back. Plus, the categories usually change a few times a year and it can be a hassle to keep up with the rotating categories.

A card offering 1.5% or 2% cash back on all purchases might be a better fit for you. One last note regarding cash back, check if there is a limit to how much cash back you can get. Some cards offer unlimited cash back while others have a spending cap.

Does the card have an annual fee? This doesn’t have to be a deal-breaker. If you do the math, sometimes the fee is worth paying if the cash back savings allows you to earn your money back and more.

Is there a balance transfer fee? If there is a fee, it’s usually 3% of the balance you’ll be transferring. Remember, that 3% is still way better than paying the 15% or 20% APR you may be currently paying on your credit card balance every month.

What is the APR after the promotional period ends? The 0% APR won’t last forever so you want to make sure you pay off your credit card balance before the promotional period ends, otherwise, you’ll be back where you started, paying a high APR on whatever balance is left. Some credit cards offer 0% for up to 15 months, and there are a few cards that extend the 0% offer for 18 months or even 21 months on balance transfers and purchases.

0% APR Credit Cards FAQs

*The credit score data provided for some of the cards listed above came from publicly available information in a number of forums. The accuracy of the information cannot be verified. Keep in mind that credit card issuers consider more than an applicant’s credit score and that underwriting standards change over time.