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.

USAA Rewards™ American Express® Card

Apply Now Credit Needed
Good/Excellent
  • Earn one point for every dollar spent on your everyday purchases.
  • Earn 2X points per dollar on gas and groceries with no caps.
  • Get 2,500 bonus points with your first purchase.
  • Redeem points for cash, merchandise, gift cards and more.
  • USAA membership is available to active and former military and their eligible family members
Apply Now at USAA's
secure site
Purchases Intro APR
N/A
Balance Transfers Intro APR
N/A
Regular APR
11.15%-27.15% (Variable)
Annual Fee
$0
Credit Needed
Good/Excellent

Susan G. Komen® Cash Rewards Visa® credit card from Bank of America

Apply Now Credit Needed
Excellent/Good
  • $150 online cash rewards bonus after you spend at least $500 on purchases in the first 90 days of account opening
  • From June 2015 through December 2020, Bank of America is guaranteeing to Susan G. Komen® $3 million in conjunction with its Pink Ribbon Banking credit card and checking program.
  • Susan G. Komen® has received more than $8 million from Bank of America from this program since 2009.
  • 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 annual fee
  • No changing categories and no expiration on rewards
  • Get a 10% customer bonus every time you redeem your cash back into a Bank of America® checking or savings account
  • 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.
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

USAA Rewards™ Visa Signature®

Apply Now Credit Needed
Good/Excellent
  • Earn one point for every dollar spent on your everyday purchases.
  • Get 2,500 bonus points with your first purchase.
  • Redeem points for cash, merchandise, gift cards and more.
  • USAA membership is available to active and former military and their eligible family members
Apply Now at USAA's
secure site
Purchases Intro APR
N/A
Balance Transfers Intro APR
N/A
Regular APR
11.15%-27.15% (Variable)
Annual Fee
$0
Credit Needed
Good/Excellent

NHL® Discover it® Card

Apply Now Credit Needed
Excellent/Good
  • Choose your favorite team & show your pride – all 31 teams available. Save 10% at Shop.NHL.com and NHL.TV™.
  • 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.
  • Get 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 14 months
Balance Transfers Intro APR
0% for 14 months
Regular APR
13.24% - 24.24% Variable
Annual Fee
$0
Credit Needed
Excellent/Good
See Rates & Fees

ABOC Platinum Rewards Credit Card

Apply Now Credit Needed
Good/Excellent
  • 0% Intro APR on Purchases for 12 months; after that the variable APR will be 14.15% - 24.15%, based on your creditworthiness
  • Earn 10,000 Bonus ABOC Rewards Points after you spend $1,000 on purchases within the first 90 days from account opening
  • Unlimited Points That Don't Expire
  • Earn Points on Every Purchase! It’s simple: $1 = 1 Point
  • No Annual Fee
  • Select Your Rewards Your Way
Apply Now at Amalgamated Bank of Chicago's
secure site
Purchases Intro APR
0% for 12 months
Balance Transfers Intro APR
N/A
Regular APR
14.15% - 24.15% Variable APR on purchases and balance transfers
Annual Fee
$0
Credit Needed
Good/Excellent

USAA Rate Advantage Platinum Visa®

Apply Now Credit Needed
Good/Excellent
  • Enjoy one of the lowest APRs in the industry.
  • Same low rate for purchases, balance transfers and cash advances.
  • No foreign transaction fee.
  • USAA membership is available to active and former military and their eligible family members
Apply Now at USAA's
secure site
Purchases Intro APR
N/A
Balance Transfers Intro APR
N/A
Regular APR
8.15%-25.15% (Variable)
Annual Fee
$0
Credit Needed
Good/Excellent

MLB™ Cash Rewards Mastercard® from Bank of America

Apply Now Credit Needed
Excellent/Good
  • $150 cash rewards bonus after you spend at least $500 on purchases in the first 90 days of account opening
  • All 30 team cards are available, customized with your favorite team's colors and logo
  • 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 annual fee
  • No changing categories and no expiration on rewards
  • Get a 10% customer bonus every time you redeem cash back into a Bank of America® checking or savings account
  • 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
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

U.S. Bank Cash+™ Visa Signature® Card

Apply Now Credit Needed
Excellent Credit
  • New Cardmember bonus: $150 after you spend $500 in eligible net purchases in the first 90 days of account opening.
  • 5% cash back on your first $2,000 in eligible net purchases each quarter on the combined two categories you choose.
  • 2% cash back on your choice of one everyday category, like gas or groceries.
  • 1% cash back on all other eligible net purchases.
  • No limit on total cash back earned.
  • 0% Intro APR* on balance transfers for 12 billing cycles. After that, a variable APR currently 15.24% - 24.24%
  • No annual fee
  • Great Offer for Customers of U.S. Bank, a 2017 World's Most Ethical Company® - Ethisphere Institute, March 2017
Apply Now at U.S. Bank's
secure site
Purchases Intro APR
N/A
Balance Transfers Intro APR
0%* intro on BTs for 12 months
Regular APR
15.24% - 24.24%* (Variable)
Annual Fee
$0*
Credit Needed
Excellent Credit
See Rates & Fees

U.S. Bank Cash 365™ American Express® Card

Apply Now Credit Needed
Excellent Credit
  • New Cardmember bonus: $150 after you spend $500 in eligible net purchases in the first 90 days of account opening.
  • Unlimited 1.5% cash back on all eligible net purchases.
  • No categories. Just use your card and earn unlimited cash back.
  • Cash back never expires and no minimum redemption options.
  • No Annual Fee*.
  • 0% Intro APR* on balance transfers for 12 billing cycles. After that, a variable APR currently 15.24% - 24.24%
Apply Now at U.S. Bank's
secure site
Purchases Intro APR
N/A
Balance Transfers Intro APR
0%* for 12 billing cycles*
Regular APR
15.24% - 24.24%* (Variable)
Annual Fee
$0*
Credit Needed
Excellent Credit
See Rates & Fees

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

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