Low Interest Credit Cards

A low rate credit card makes large balances a little more manageable. If you carry a balance from one month to another, a low interest credit card could be a good choice for you. Browse our partner offers and compare introductory rates, ongoing rates, annual fees, and rewards to find the right card for you.

See offers from our partners below.

Wells Fargo Platinum Visa® Card

Apply Now Credit Needed
Excellent/Good
  • 0% Intro APR for 15 months on purchases and balance transfers, then a 16.40%-26.24% variable APR; balance transfer fees apply
  • Get up to $600 protection on your cell phone (subject to $25 deductible) against covered damage or theft when you pay your monthly cellular telephone bill with your Wells Fargo Platinum Visa® Card
  • Free access to your FICO® Credit Score with Wells Fargo Online®
  • Zero Liability protection for promptly reported unauthorized transactions
  • Convenient tools to help create a budget and manage your spending with My Money Map
  • $0 Annual Fee
  • Select "Apply Now" to learn more about the product features, terms, and conditions
Apply Now at Wells Fargo's
secure site
Purchases Intro APR
0% for 15 months
Balance Transfers Intro APR
0% for 15 months
Regular APR
16.40%-26.24% (Variable)
Annual Fee
$0
Credit Needed
Excellent/Good

Citi® Double Cash Card

Apply Now Credit Needed
Excellent/Good
  • Earn cash back twice on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases.
  • Balance Transfers do not earn cash back
  • 0% Intro APR on Balance Transfers for 18 months. After that, the variable APR will be 14.74% - 24.74% based on your creditworthiness*
  • Click 'Apply Now' to see the applicable balance transfer fee and how making a balance transfer impacts interest on purchases.
  • No categories to track, no caps on cash back, no annual fee*
Apply Now at Citi's
secure site
Purchases Intro APR
N/A
Balance Transfers Intro APR
0% for 18 months*
Regular APR
14.74% - 24.74%* (Variable)
Annual Fee
$0*
Credit Needed
Excellent/Good

The Amex EveryDay® Credit Card from American Express

Apply Now Credit Needed
Excellent/Good
  • Earn 10,000 Membership Rewards® points after you use your new Card to make $1,000 in purchases in your first 3 months.
  • Low intro APR: 0% for 15 months on purchases and balance transfers, then a variable rate, currently 14.24% to 25.24%.
  • $0 balance transfer fee. Balance transfers must be requested within 60 days from account opening.
  • No annual fee.
  • 2x points at US supermarkets, on up to $6,000 per year in purchases (then 1x); 1x points on other purchases.
  • Use your Card 20 or more times on purchases in a billing period and earn 20% more points on those purchases less returns and credits.
  • Expanding merchant acceptance: Over 1 million more places in the U.S. started accepting American Express® Cards in the last year.
  • Terms Apply.
Apply Now at American Express's
secure site
Terms Apply
Purchases Intro APR
0% on purchases for 15 months
Balance Transfers Intro APR
0% on balance transfers for 15 months
Regular APR
14.24%-25.24% Variable
Annual Fee
$0
Credit Needed
Excellent/Good
See Rates & Fees

Discover it®

Discover it®

25,774 customer reviews

Apply Now Credit Needed
Excellent/Good
  • Intro Offer: Discover will match all the cash back earned at the end of your first year, automatically.
  • Earn 5% cash back at different places each quarter like gas stations, grocery stores, restaurants, Amazon.com, or wholesale clubs up to the quarterly maximum each time you activate.
  • Plus, 1% cash back on all other purchases.
  • Redeem your cash back for any amount, any time. Cash rewards never expire.
  • 100% U.S. based customer service.
  • Get your free Credit Scorecard with your FICO® Credit Score, number of recent inquiries and more.
  • Receive Free Social Security number alerts-Discover will monitor thousands of risky websites when you sign up.
  • No annual fee.
Apply Now at Discover's
secure site
Purchases Intro APR
0% for 6 months
Balance Transfers Intro APR
0% for 18 months
Regular APR
13.24% - 24.24% Variable
Annual Fee
$0
Credit Needed
Excellent/Good
See Rates & Fees

Blue Cash Preferred® Card from American Express

Apply Now Credit Needed
Excellent,Good
  • $200 statement credit after you spend $1,000 in purchases on your new Card within the first 3 months.
  • 6% cash back at U.S. supermarkets (on up to $6,000 per year in purchases, then 1%) - that means spending $60 a week at U.S. supermarkets could earn over $180 back per year.
  • 3% cash back at U.S. gas stations and at select U.S. department stores, 1% back on other purchases.
  • Low intro APR: 0% for 12 months on purchases and balance transfers, then a variable rate, currently 14.24% to 25.24%.
  • Expanding merchant acceptance: Over 1 million more places in the U.S. started accepting American Express® Cards in the last year.
  • $95 annual fee.
  • Cash back is received in the form of Reward Dollars that can be easily redeemed for statement credits, gift cards, and merchandise.
  • Terms Apply.
Apply Now at American Express's
secure site
Terms Apply
Purchases Intro APR
0% on Purchases for 12 months
Balance Transfers Intro APR
0% on Balance Transfers for 12 months
Regular APR
14.24%-25.24% Variable
Annual Fee
$95
Credit Needed
Excellent,Good
See Rates & Fees

Bank of America® Cash Rewards Credit Card

Bank of America® Cash Rewards Credit Card

34,980 customer reviews

Apply Now Credit Needed
Excellent/Good
  • No annual fee
  • $150 online cash rewards bonus after you spend at least $500 on purchases in the first 90 days of account opening
  • Earn 1% cash back on every purchase, 2% at grocery stores and wholesale clubs, and 3% on gas for the first $2,500 in combined grocery/wholesale club/gas purchases each quarter
  • No changing categories and no expiration on rewards
  • 0% Introductory APR for 12 billing cycles for purchases AND for any balance transfers made in the first 60 days, then, 14.24% - 24.24% Variable APR. 3% fee (min $10) applies to balance transfers
  • Get a 10% customer bonus every time you redeem your cash back into a Bank of America® checking or savings account
  • If you're a Preferred Rewards client, you can increase that bonus to 25% - 75%
Apply Now at Bank of America's
secure site
Purchases Intro APR
0% Introductory APR on purchases for 12 billing cycles
Balance Transfers Intro APR
0% Intro APR for 12 billing cycles for balance transfers made in the first 60 days
Regular APR
14.24% - 24.24% Variable APR on purchases and balance transfers
Annual Fee
$0
Credit Needed
Excellent/Good

Citi ThankYou® Preferred Card

Apply Now Credit Needed
Excellent Credit
  • Enjoy 0% Intro APR on purchases for 15 months from date of account opening and 0% Intro APR on balance transfers for 15 months from date of first transfer*
  • After that, the variable APR will be 14.74% - 24.74% based upon your creditworthiness*
  • There is a balance transfer fee of either $5 or 3% of the amount of each transfer, whichever is greater*
  • Earn 2X Points on Dining Out & Entertainment
  • Earn 1X Points on All Other Purchases
  • Points are redeemable for gift cards to popular retailers, restaurants, and department and home stores. 2,500 ThankYou® Points can be redeemed for a $25 gift card at thankyou.com.
  • No expiration and no limit to the amount of points you can earn with this card
  • No annual fee*
Apply Now at Citi's
secure site
Purchases Intro APR
0%* for 15 months on Purchases
Balance Transfers Intro APR
0%* for 15 months on Balance Transfers
Regular APR
14.74% - 24.74%* (Variable)
Annual Fee
$0*
Credit Needed
Excellent Credit

Bank of America® Travel Rewards Credit Card

Bank of America® Travel Rewards Credit Card

7,875 customer reviews

Apply Now Credit Needed
Excellent/Good
  • Earn unlimited 1.5 points per $1 spent on all purchases, with no annual fee and no foreign transaction fees and your points don't expire
  • 20,000 online bonus points if you make at least $1,000 in purchases in the first 90 days of account opening - that can be a $200 statement credit toward travel purchases
  • Use your card to book your trip how and where you want - you're not limited to specific websites with blackout dates or restrictions
  • Redeem points for a statement credit to pay for flights, hotels, vacation packages, cruises, rental cars, or baggage fees
  • Comes with chip technology for enhanced security and protection at chip-enabled terminals
  • 0% Introductory APR for 12 billing cycles for purchases, then 16.24% - 24.24% Variable APR
  • Get an additional 10% customer points bonus on every purchase when you have an active Bank of America® checking or savings account
  • If you're a Preferred Rewards client, you can increase that bonus to 25% - 75%
Apply Now at Bank of America's
secure site
Purchases Intro APR
0% Introductory APR on purchases for 12 billing cycles
Balance Transfers Intro APR
N/A
Regular APR
16.24% - 24.24% Variable APR on purchases and balance transfers
Annual Fee
$0
Credit Needed
Excellent/Good

Barclaycard Ring™ Mastercard®

Apply Now Credit Needed
Excellent Credit
  • A low, variable APR on purchases, balance transfers and cash advances
  • No annual fee
  • No balance transfer fees
  • No foreign transaction fees
  • Chip technology, so paying for your purchases is more secure at chip-card terminals in the U.S. and abroad
  • Free online access to FICO® Credit Score
Apply Now at Barclaycard's
secure site
Purchases Intro APR
N/A
Balance Transfers Intro APR
N/A
Regular APR
10.24% Variable
Annual Fee
$0
Credit Needed
Excellent Credit

Charity Charge World MasterCard® Credit Card

Apply Now Credit Needed
Good/Excellent
  • Donate your cash back to any nonprofit or religious organization of your choice.
  • Earn an unlimited 1% cash back that's automatically donated on your behalf through your everyday purchases.
  • No Annual Fee.
  • An easy way to make a difference (at no cost to you).
  • 100% Tax-Deductible.
  • Low APR between Prime + 6.99%-16.99% dependent on creditworthiness. Balance transfer fee of either $10 or 5% of the amount of each Balance Transfer, whichever is greater.
  • Receive all the benefits of a World MasterCard such as: extended warranty, MasterCard global service, concierge services, ID theft protection, price guarantee, and many more exclusive services.
  • Chip and Apple Pay enabled.
Apply Now at Charity Charge's
secure site
Purchases Intro APR
1.99% for 6 monthly billing cycles
Balance Transfers Intro APR
1.99% for 6 monthly billing cycles
Regular APR
11.24%-21.24% (Variable)
Annual Fee
$0
Credit Needed
Good/Excellent

Comparing Low Interest Credit Card Offers

Updated: February 21, 2018

CreditCards.com's Best Low Interest Credit Cards of 2018:

Low interest rate credit cards can help you pay down your debt or reduce interest on large purchases paid off over several months. Low interest credit cards are suitable for those that typically carry a credit card balance from one month to another. Our experts have compiled top low interest credit cards that have different perks and fees.

What Our Experts are Saying

Ginger Dean, personal finance expert
Favorite low interest card: Citi Diamond Preferred credit card
“Overall, the Citi Diamond Preferred card is the best option because of the generous introductory terms and access to premium features, which gives customers peace of mind and a safety net when making purchases.”

Lisa Gerstner, contributing editor at Kiplinger’s Personal Finance
Favorite low interest card: Citi Diamond Preferred card
“Citi Diamond Preferred stands out from the pack because it gives the cardholder the best shot at paying off a big purchase before interest kicks in.”

Stephanie O'Connell, millennial personal finance expert
Favorite low interest card: U.S. Bank Visa Platinum card
“In addition to the 0-percent introductory APR offer on purchases and balance transfers for 18 billing cycles, the U.S Bank Visa Platinum card has no penalty APR, which can be a particularly attractive feature for consumers who may have difficulty staying on top of their payments and are concerned about racking up additional interest.”

Matt Schulz, senior industry analyst at CreditCards.com
Favorite low interest card: U.S. Bank Visa Platinum card
“When you’re paying down debt, every percentage point counts. That’s what makes the U.S. Bank Visa Platinum card appealing.”

Daniel Ray, editor-in-chief at CreditCards.com
Favorite low interest card: U.S. Bank Visa Platinum card
“If you want to avoid interest like the plague, then the U.S. Bank Visa Platinum card gives you the best odds.”

Frequently Asked Questions About Low Interest Credit Cards

Low interest credit cards – cards under the national average of 16.41% -- are helpful if you plan to carry a balance, although it’s usually best to pay off the balance each month. If you want to look at how interest rates work on credit cards, look no further:

  • Who can qualify for low interest credit cards?
  • How does your credit score affect your interest rates?
  • What is a good interest rate on a credit card?
  • What is an average interest rate on a credit card?
  • How do you avoid paying interest on a credit card?
  • How do APRs work?

Wondering if you qualify? Want to understand how your score affects your interest rates? We look at that and more.

Who can qualify for low interest credit cards?

Typically, lower interest rates on credit cards are afforded to consumers with good or excellent credit, a score of about 700 or higher on a scale of 300-850. The higher your score, the lower the interest rate. If your score is too low, you may qualify for a limited number of cards, however.

How does your credit score affect your interest rates?

The higher your credit score, better your interest rates on car loans, mortgages and even credit cards. Your lending terms suffer the lower your score, and you can even be denied the loan if your score is low enough. Build your credit by taking out a credit card and paying on time and in full each month.

What is a good interest rate on a credit card?

The national average for a credit card is 16.41%, although there are cards with rates under 10% available through regional banks such as some credit unions. That said, it isn’t advisable to use a credit card as a long-term lending product. Instead use it to build credit and rewards.

What is an average interest rate on a credit card?

Credit Card CategoryAverage Interest Rate
National average16.41%
Low interest13.14%
Business13.93%
Balance transfer15.63%
Student15.92%
Airline16.41%
Reward16.51%
Cash back16.67%
Instant approval18.82%
Bad credit23.62%

Source: creditcards.com research

How do you avoid paying interest on a credit card?

To avoid paying interest on a credit card, simply pay in full and on time each month. This has the bonus of helping you boost your credit score – those 2 good habits impact 65% of your FICO credit score, the dominant scoring model. They also positively impact your VantageScore, which you can get for free at creditcards.com.

How do APRs work?

The annual percentage rate or APR is used by lenders to let you know how much interest you are being charged on a yearly basis for your loan, says credit expert Todd Ossenfort. APR is fairly simple for the fixed-rate loan example. It gets more complicated with outstanding credit card balances because you may have several different APRs on one credit card account.

Want some more information?

You can read some individual reviews for low interest credit cards at our reviews section. You can get a better ideas of how products compare to one another so you can definitively decide on the best offer for your needs. Link to rate report to compare to our current national averages.

Recap: Our Best Low Interest Credit Cards

Card0% Purchase APR PeriodAnnual FeeRegular APR
Discover it® Cashback Match™14 months$013.24% - 24.24% Variable
Capital One® VentureOne® Rewards Card12 months$013.24% - 23.24% Variable
Capital One® Venture® Rewards CardN/A$0 in first year, then $9514.24% - 24.24% Variable
Discover it® Miles14 months$013.24% - 24.24% Variable
Blue Cash Everyday® Card from American Express15 months$014.24% - 25.24% Variable
Wells Fargo Cash Wise Visa® Card12 months$014.24% - 26.24% Variable
Chase Slate®15 months$016.24% - 24.99% Variable
Chase Freedom Unlimited®15 months$016.24% - 24.99% Variable
Capital One® Quicksilver® Cash Rewards Credit Card9 months$014.24% - 24.24%* Variable
Chase Freedom®15 months$016.24% - 24.99% Variable

Join the Discussion

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* For additional rates, fees and costs see issuer's website for detailed pricing and terms.