A new credit card can be enticing for many reason. Often here on the site I write about cards offering big welcome bonuses. But there are other cards that offer a different type of incentive. A credit card with low-interest or no interest at all for a certain number of months can save you money by reducing the cost of debt. When you’re paying less in interest, you can pay it back more quickly. Clearly a card with a 0% intro APR period will save you the most on interest in the short term. You can often find an introductory interest-free period of a year or more in several cards. This is a list of the best no interest credit cards this month. I have included cards that also offer some kind of welcome bonus and an option for small businesses.
HSBC Gold Mastercard
Introductory Rates
0% intro APR on purchases for 18 months
0% intro APR on balance transfers for 18 months. Balance Transfers must be posted within the first 60 days.
Fee of either $10 or 4%, whichever is greater, will apply on each balance transfers.
3% intro balance transfer fee when you transfer a balance during the first 60 days, with a minimum of $5. The fee for future balance transfers is 5% of the amount transferred, with a minimum of $5.
Other Details
One-time $200 welcome bonus after you spend $500 on purchases within 3 months from account opening
0% intro APR on balance transfers for 14 months from date of first transfer, for transfers under this offer that post to your account by June 10, 2020.
Intro fee of 3% for transfers that post to your account by June 10, 2020. After that, 5% of the amount of each transfer.
Other Details
$50 statement credit after making a purchase within three months of account opening
5% cash back on up to $1,500 in combined purchases in bonus categories each quarter. Unlimited 1% cash back on all other purchases.
