Low Interest Credit Cards

These credit cards have either a low interest rate or a low introductory annual percentage rate (APR). Most of the cards have no annual fee and reasonable rewards programs. Low interest credit cards are ideal for consumers looking to make a large purchase in the near future that will be paid off over time. Additionally, many of the introductory rates apply to both purchases and balance transfers, so they are ideal for consumers with high balances on other high interest rate credit cards.

Each card contains our editor’s rating and objective opinion. The cards below are sorted in order of our editor’s opinion:

There are several pros to low interest credit cards, the most obvious being the low interest rates and low introductory rates which can help save hundreds and even thousands of dollars in interest charges. Secondly we place cards in the low interest category if they also have a relatively lower ongoing APR than other credit cards, so even after the intro period you will have a relatively lower interest rate. And lastly, these cards often come from some of the largest issuers in the country, so you know you’re getting a card you can trust and use for years to come.

However there are some cons of these cards. First off they often don’t come with as many perks as other cards since you’re getting the low interest rate. They also are typically designed for individuals with good or excellent credit profiles. And lastly, remember that once the intro period runs out, any balance will then accrue interest at the stated APR.

Low interest credit cards are a fantastic option for anyone looking to reduce their interest rates over a period of 12-18 months with a 0% introductory period. They are ideal if you are planning to make a large purchase and want to pay if off interest free over a several month time period. Beyond the introductory period, these cards typically have lower than average ongoing interest rates.

These cards are designed for individuals with stronger credit profiles since banks can’t afford to take a risk and not earn interest on the balance.

If you’re looking for a card to maximize benefits, then a low interest credit card may not be the right choice for you. The main way to maximize benefits on a low interest card is to first off take advantage of the introductory period, typically at 0% interest, and to also use the card and carry a balance regularly to take advantage of the lower than average ongoing APR. However if you don’t plan to carry a balance during the intro period or an ongoing balance, then you may be better comparing different types of cards that come with more ongoing benefits and perks.
LowCards.com is an independent, for-profit web site. LowCards.com participates in the Affiliate Network, and receives compensation from some of the credit card issuers whose offers appear on the site. Our editors have reviewed a majority of all available credit card offers in the United States. Opinions expressed here are author’s alone, not those of the credit card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer. See the online application for details about terms and conditions for these offers. Every reasonable effort has been made to maintain accurate information, however all credit card information is presented without warranty. After you click on an offer you will be directed to the credit card issuer’s web site where you can review the terms and conditions for your offer.

1. Discover it®

Discover it® Apply Now See Details
Intro Rate: 0% Intro APR* on purchases and balance transfers for 14 months
Interest Rate: 10.99%-22.99% Variable
Annual Fee: $0

Credit Profile : Excellent

Editor Rating :

Best Card Features: 0% Intro APR, great cash back opportunities

2. Barclaycard® Ring MasterCard®

Barclaycard® Ring MasterCard® Apply Now See Details
Intro Rate: None
Interest Rate: 8%(V)
Annual Fee: $0

Credit Profile : Excellent

Editor Rating :

Best Card Features: Very low APR; No balance transfer fees; No annual fees

3. Discover it® chrome

Discover it® chrome Apply Now See Details
Intro Rate: 0% intro APR for 14 months on purchases and balance transfers
Interest Rate: 10.99%-22.99% Variable
Annual Fee: $0

Credit Profile : Excellent

Editor Rating :

Best Card Features: Introductory offer, fee structure

4. Chase Slate®

Chase Slate® Apply Now See Details
Intro Rate: 0% Intro APR for 15 months
Interest Rate: 12.99%,17.99%, or 22.99 (V)
Annual Fee: $0

Credit Profile : Excellent

Editor Rating :

Best Card Features: 0% intro APR for 15 months plus no balance transfer fees within the first 60 days

5. Simmons First Visa Platinum

Simmons First Visa Platinum Apply Now See Details
Intro Rate: N/A
Interest Rate: 7.25% Variable
Annual Fee: No Annual Fee

Credit Profile : Excellent

Editor Rating :

Best Card Features: Low on-going APR, Travel Benefits

6. Simmons First Visa Platinum Rewards

Simmons First Visa Platinum Rewards Apply Now See Details
Intro Rate: None
Interest Rate: 9.25% Variable
Annual Fee: None

Credit Profile : Excellent

Editor Rating :

Best Card Features: Low interest rate, travel rewards, no annual fee

7. Chase Freedom®

Chase Freedom® Apply Now See Details
Intro Rate: 0% for 15 Months
Interest Rate: 13.99%-22.99% Variable
Annual Fee: $0

Credit Profile : Excellent

Editor Rating :

Best Card Features: 15 month 0% intro APR plus $100 bonus after your first $500 in purchases within the first 3 months of cardmembership

8. USAA Rate Advantage MasterCard®

USAA Rate Advantage MasterCard® Apply Now See Details
Intro Rate: None
Interest Rate: 6.90% - 23.90% Variable
Annual Fee: $0

Credit Profile : Excellent

Editor Rating :

Best Card Features: Low starting APR; No annual fee

9. USAA Visa®

USAA Visa® Apply Now See Details
Intro Rate: None
Interest Rate: 9.90% - 25.90% Variable
Annual Fee: $0

Credit Profile : Excellent

Editor Rating :

Best Card Features: Low starting APR; No annual fee

10. USAA World MasterCard®

USAA World MasterCard® Apply Now See Details
Intro Rate: None
Interest Rate: 9.90% - 25.90% Variable
Annual Fee: None

Credit Profile : Excellent

Editor Rating :

Best Card Features: No annual fee

11. USAA Cash Rewards World MasterCard®

USAA Cash Rewards World MasterCard® Apply Now See Details
Intro Rate: None
Interest Rate: 9.90% - 25.90% Variable
Annual Fee: $0

Credit Profile : Excellent

Editor Rating :

Best Card Features: No annual fee; Rewards program

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