Best 0{b530a9af8ec2f2e0d4045baab79c5cfb9bfdc23e498df4d376766a0b44d3f146} APR credit cards for June 2021

Best overall 0{b530a9af8ec2f2e0d4045baab79c5cfb9bfdc23e498df4d376766a0b44d3f146} APR credit card

JP Morgan Chase

Annual fee: $ 0
Introductory 0{b530a9af8ec2f2e0d4045baab79c5cfb9bfdc23e498df4d376766a0b44d3f146} APR duration: 15 months on purchase
Standard annual rate: Fluctuations from 14.99{b530a9af8ec2f2e0d4045baab79c5cfb9bfdc23e498df4d376766a0b44d3f146} to 23.74{b530a9af8ec2f2e0d4045baab79c5cfb9bfdc23e498df4d376766a0b44d3f146}
Welcome bonus: $ 200 cash back
Bonus spending: $ 500 for purchases within the first 3 months of opening an account
Reward: 5{b530a9af8ec2f2e0d4045baab79c5cfb9bfdc23e498df4d376766a0b44d3f146} cash back on trips booked on Chase. 3{b530a9af8ec2f2e0d4045baab79c5cfb9bfdc23e498df4d376766a0b44d3f146} of meals at the restaurant. 3{b530a9af8ec2f2e0d4045baab79c5cfb9bfdc23e498df4d376766a0b44d3f146} for drugstore purchases; 1.5{b530a9af8ec2f2e0d4045baab79c5cfb9bfdc23e498df4d376766a0b44d3f146} for all other purchases

Our Best 0{b530a9af8ec2f2e0d4045baab79c5cfb9bfdc23e498df4d376766a0b44d3f146} Introduced APR Credit Card, Chase Freedom Unlimited, has all boxes checked. Competitive rewards in the first three months of opening an account.

The base rate of return is 1.5{b530a9af8ec2f2e0d4045baab79c5cfb9bfdc23e498df4d376766a0b44d3f146} cash back on purchases, and Chase offers 5{b530a9af8ec2f2e0d4045baab79c5cfb9bfdc23e498df4d376766a0b44d3f146} cash back on trips booked through Chase and 3{b530a9af8ec2f2e0d4045baab79c5cfb9bfdc23e498df4d376766a0b44d3f146} cash back on restaurant meals. Regardless of your trip, in addition to the $ 200 bonus, buy now and get a 1.5{b530a9af8ec2f2e0d4045baab79c5cfb9bfdc23e498df4d376766a0b44d3f146} return.

0{b530a9af8ec2f2e0d4045baab79c5cfb9bfdc23e498df4d376766a0b44d3f146} APR card ideal for overseas travel

Capital One

Annual fee: $ 0
Introductory 0{b530a9af8ec2f2e0d4045baab79c5cfb9bfdc23e498df4d376766a0b44d3f146} APR duration: 15 months on purchase
Standard annual rate: Fluctuations from 15.49{b530a9af8ec2f2e0d4045baab79c5cfb9bfdc23e498df4d376766a0b44d3f146} to 25.49{b530a9af8ec2f2e0d4045baab79c5cfb9bfdc23e498df4d376766a0b44d3f146}
Welcome bonus: $ 200 cash back
Bonus spending: $ 500 for purchases within 3 months of opening an account
Reward: 1.5{b530a9af8ec2f2e0d4045baab79c5cfb9bfdc23e498df4d376766a0b44d3f146} cash back on every purchase

Capital One Quicksilver Cash Rewards Credit Cards are close to Chase Freedom Unlimited. The highlights are about the same, but Quicksilver doesn’t have the high cashback rate of Chase cards for travel and restaurant meals. Capital One stands out in that it does not incur foreign transaction fees of up to 3{b530a9af8ec2f2e0d4045baab79c5cfb9bfdc23e498df4d376766a0b44d3f146} on other cards (including Chase Freedom Unlimited).

If you are planning a big trip abroad, consider signing up for both cards. Use Chase Freedom Unlimited for flight tickets and Capital One Quicksilver for international expenses.

Otherwise, a 15-month intro 0{b530a9af8ec2f2e0d4045baab79c5cfb9bfdc23e498df4d376766a0b44d3f146} APR purchase with both cards, a $ 200 welcome bonus (if you spend $ 500 within the first 3 months), and 1.5{b530a9af8ec2f2e0d4045baab79c5cfb9bfdc23e498df4d376766a0b44d3f146} cash on all purchases. Back will be provided.

0{b530a9af8ec2f2e0d4045baab79c5cfb9bfdc23e498df4d376766a0b44d3f146} APR Credit Card Best Welcome Bonus

Bank of America

Annual fee: $ 0

Introductory 0{b530a9af8ec2f2e0d4045baab79c5cfb9bfdc23e498df4d376766a0b44d3f146} APR duration: Purchase for 12 months from the date of opening the account

Standard annual rate: 13.99{b530a9af8ec2f2e0d4045baab79c5cfb9bfdc23e498df4d376766a0b44d3f146} -23.99{b530a9af8ec2f2e0d4045baab79c5cfb9bfdc23e498df4d376766a0b44d3f146} fluctuation
Welcome bonus: 25,000 online bonus points
Bonus spending: $ 1,000 for purchases within 3 months of opening an account
Reward: Unlimited 1.5 points for all purchases

Bank of America Travel Rewards credit cards are similar to Chase Freedom Unlimited and Capital One Quicksilver, but with a higher welcome bonus (and a reasonably high spending threshold) and a short introduction 0{b530a9af8ec2f2e0d4045baab79c5cfb9bfdc23e498df4d376766a0b44d3f146} APR period. 25,000 Bonus Points can be redeemed for $ 250 Statement Credits for travel and meal purchases, and points have no expiration date. Eligible travel and meal purchases include taxis, rideshares, buses, trains, bars, fast food, planes, hotels and restaurants. For most people, that means redemption is not an issue.

The additional $ 50 worth of value from the welcome bonus is worth more than the interest spent in the last three months (compared to the 15-month implementation period offered by Chase and Capital One). Less than $ 1,000. If you’re over $ 1,000, you can save interest with a Chase or Capital One card. This calculation assumes an APR of 20{b530a9af8ec2f2e0d4045baab79c5cfb9bfdc23e498df4d376766a0b44d3f146}.

If you’ve reviewed your repayment plan and don’t expect to have more than $ 1,000 in balance after 12 months, the Bank of America Travel Rewards Card is for you.

Longest implementation 0{b530a9af8ec2f2e0d4045baab79c5cfb9bfdc23e498df4d376766a0b44d3f146} APR period

U.S. bank

Annual fee: $ 0
Introductory 0{b530a9af8ec2f2e0d4045baab79c5cfb9bfdc23e498df4d376766a0b44d3f146} APR duration: 20 months for purchases and balance transfers
Standard annual rate: Fluctuations from 14.49{b530a9af8ec2f2e0d4045baab79c5cfb9bfdc23e498df4d376766a0b44d3f146} to 24.49{b530a9af8ec2f2e0d4045baab79c5cfb9bfdc23e498df4d376766a0b44d3f146}
Welcome bonus: None
Bonus spending: Not applicable
Reward: None

US Bank Visa Platinum offers the longest 0{b530a9af8ec2f2e0d4045baab79c5cfb9bfdc23e498df4d376766a0b44d3f146} APR period of any card surveyed and offers an interest-free balance of 20 months after sign-up (but note that you must pay at least monthly). please). The trade-off is the lack of welcome bonuses and rewards.

An additional 5 months of 0{b530a9af8ec2f2e0d4045baab79c5cfb9bfdc23e498df4d376766a0b44d3f146} (compared to the choice above) is only worth it if you plan to have an average balance above $ 2,400 in those months, and an additional 1.5{b530a9af8ec2f2e0d4045baab79c5cfb9bfdc23e498df4d376766a0b44d3f146} of your spending rewards Not considered.

What is a 0{b530a9af8ec2f2e0d4045baab79c5cfb9bfdc23e498df4d376766a0b44d3f146} APR Credit Card?

An annual 0{b530a9af8ec2f2e0d4045baab79c5cfb9bfdc23e498df4d376766a0b44d3f146} (APR) credit card is a simplified term for a credit card with a particularly long introductory APR period of 0{b530a9af8ec2f2e0d4045baab79c5cfb9bfdc23e498df4d376766a0b44d3f146}. Most award credit cards Offers 0{b530a9af8ec2f2e0d4045baab79c5cfb9bfdc23e498df4d376766a0b44d3f146} APR for at least 12 months after signing up, but many issuers offer extended offers for some cards. These cards help you save money on paying interest during its introduction. But they can also tempt you to have a balance. It can accumulate in long-term debt over time.

When does it make sense to apply for a credit card with 0{b530a9af8ec2f2e0d4045baab79c5cfb9bfdc23e498df4d376766a0b44d3f146} or low APR?

Ideally, you’re paying back your credit card balance every month to avoid paying interest. For high-value purchases that require long-term payments, a 0{b530a9af8ec2f2e0d4045baab79c5cfb9bfdc23e498df4d376766a0b44d3f146} APR card can save you a lot of money.

These cards can also be useful in times of financial difficulty, such as between jobs or when cash flow is volatile. A 0{b530a9af8ec2f2e0d4045baab79c5cfb9bfdc23e498df4d376766a0b44d3f146} credit card is a useful tool unless the APR implementation period invites you to spend more than your income.