Best low interest credit cards of 2024

Save money on purchases or balance transfers with a low interest card. Get matched to credit cards from our partners based on your unique credit profile.

Save money on interest

If you carry a balance on your credit cards, these low rate could help you save.

Transfer your balance

Move your existing credit card debt to a low interest card to pay off debt faster.

Pay off large purchases over time

Save money with lower interest payments on purchases you need time to pay off.

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All low interest credit cards

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12 partner offers

Capital One Quicksilver Cash Rewards Credit Card

Intro APR:

0% on Purchases and Balance Transfers for 15 months

Ongoing APR:

19.99% - 29.99% (Variable)

Rewards:

1.5%-5% (cash back)

Annual Fee:

$0

Annual percentage rate (APR)

The APR on credit cards is simply the interest rate the card issuer charges when you don't pay off your balance in full each month—it doesn't include the card's annual fees or other fees you may be charged for using your card. There are several types of APR that can apply to credit cards including purchase, balance transfer and cash advance.

Intro 0% APR period

A credit card intro APR period is one where you benefit from a 0% APR for a period of time. This can apply to new purchases, balance transfers or both. During the intro period, you won’t incur any interest charges. After, the APR will increase to a standard APR.

Rewards

Cash back credit cards reward you with cash equal to a percentage of each dollar you spend, which may be a rate of 1% to 2%. Some cash back cards offer rewards for spending in categories such as gas, groceries and dining at a significantly higher rate—3% to 6%, for example. Look for rewards that align with what you spend the most on.

Annual fee

Some credit cards have an annual fee you'll pay when you first receive the card and at each cardholder anniversary. Take the cost of an annual fee into account when considering which options will benefit you the most over the course of a year.

Wells Fargo Reflect® Card

Intro APR:

0% intro APR for 21 months from account opening on purchases and qualifying balance transfers

Ongoing APR:

18.24%, 24.74%, or 29.99% Variable APR

Rewards:

N/A*

Annual Fee:

$0

Discover it® Cash Back

Intro APR:

0% Intro APR on Purchases and Balance Transfers for 15 months

Ongoing APR:

18.24% - 28.24% Variable APR

Rewards:

1%-5% (cash back)

Annual Fee:

$0

Citi Simplicity® Card

Intro bonus:

N/A*

Rewards:

N/A*

Ongoing APR:

19.24% - 29.99% (Variable)

Annual Fee:

$0

Citi Custom Cash® Card

Intro APR:

0% for 15 months on Purchases and Balance Transfers

Ongoing APR:

19.24% - 29.24% (Variable)

Rewards:

1%-5% (cash back)

Annual Fee:

$0

Wells Fargo Active Cash® Card

Intro APR:

0% intro APR for 15 months from account opening on purchases and qualifying balance transfers

Ongoing APR:

20.24%, 25.24%, or 29.99% Variable APR

Rewards:

2% (Cash Rewards)

Annual Fee:

$0

Capital One SavorOne Cash Rewards Credit Card

Intro APR:

0% on Purchases and Balance Transfers for 15 months

Ongoing APR:

19.99% - 29.99% (Variable)

Rewards:

1%-8% (cash back)

Annual Fee:

$0

Wells Fargo Autograph℠ Card

Intro bonus:

Earn 20,000 bonus points when you spend $1,000 in purchases in the first 3 months - that's a $200 cash redemption value.

Rewards:

1x-3x (Points per dollar)

Ongoing APR:

20.24%, 25.24%, or 29.99% Variable APR

Annual Fee:

$0

Citi Rewards+® Card

Intro APR:

0% for 15 months on Purchases and Balance Transfers

Ongoing APR:

18.74% - 28.74% (Variable)

Rewards:

1x-2x (Points per dollar)

Annual Fee:

$0

Citi® Diamond Preferred® Card

Intro APR:

0% for 21 months on Balance Transfers and 12 months on Purchases

Ongoing APR:

18.24% - 28.99% (Variable)

Rewards:

N/A*

Annual Fee:

$0

Capital One VentureOne Rewards Credit Card

Intro APR:

0% on Purchases and Balance Transfers for 15 months

Ongoing APR:

19.99% - 29.99% (Variable)

Rewards:

1.25x-5x (Miles per dollar)

Annual Fee:

$0

Any opinions, analyses, reviews, or recommendations expressed on this page are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by the banks, lenders and credit card companies.

*For complete information, see the offer terms and conditions on the issuer or partner’s website. Once you click apply you will be directed to the issuer or partner’s website where you may review the terms and conditions of the offer before applying. We show a summary, not the full legal terms – and before applying you should understand the full terms of the offer as stated by the issuer or partner itself. While Experian Consumer Services uses reasonable efforts to present the most accurate information, all offer information is presented without warranty.

Advertiser Disclosure: The offers that appear on this site are from third party companies ("our partners") from which Experian Consumer Services receives compensation. This compensation may impact how, where, and in what order the products appear on this site. The offers on the site do not represent all available financial services, companies, or products.

ΘCredit scores are used to represent the creditworthiness of a person and may be one indicator to the credit type you are eligible for. However, credit score alone does not guarantee or imply approval for any offer.

How to find the best low interest credit card

1

Determine your needs

Pick a low interest card that fits your financial needs.

2

Compare APRs

Look for a low APR but also look at other charges and fees.

3

Consider annual fees

Make sure you’ll save more in interest than you’ll pay in fees.

4

Check balance transfer fees

Find out if the fee is less than you’ll save on interest.

Start with your FICO® ScoreΘ and see card offers matched to your credit profile.

Get started for free

ΘCredit score calculated based on FICO® Score 8 model. Your lender or insurer may use a different FICO® Score than FICO® Score 8, or another type of credit score altogether. Learn more.

Frequently asked questions

A low interest rate credit card is a credit card that has a low APR range. The best low interest credit cards have an APR range that's lower than the national average—often by several points. Some low rate credit cards go one better by offering an introductory 0% APR on new purchases, balance transfers or both for a limited time.

An 0% credit card does not charge any interest for a certain period of time after you open the account. The intro 0% APR can apply to new purchases, balance transfers or both. After this time period the interest rate then increases to a much higher rate.

On the other hand, a low interest credit card will have just that—a low interest rate. While the interest rate won't be zero, it will be lower than the national average. That said, most low interest credit cards have a variable APR range. The exact APR you'll receive depends on your creditworthiness. For example, if the range is 17.24% - 28.24%, you can receive an interest rate anywhere in between. Generally the higher your credit score, the lower the interest rate.

To qualify for a low interest credit card, you'll generally need good to excellent credit. The exact credit score you need for a low interest credit card varies based on the credit card issuer's requirements. There are cards geared toward applicants with bad credit, fair credit, good credit and excellent credit. The higher your credit score, the better card you'll qualify for, which means you'll benefit from a lower interest rate.

In order to get the best low interest rate credit card, you should compare multiple cards. When reviewing each card, pay close attention to the rates and fees table.

Perhaps the most important factor to compare is the APR range. Most cards have variable APRs, so take a look at the entire range since you don't know what rate you'll receive until you apply. It can be a good idea to choose the card with the lowest range, so you have the best chances of securing a low interest rate. Other factors to review include the annual fee, foreign transaction fee and balance transfer fee.

Yes, you can negotiate the interest rate on your credit card. This can be done by calling your credit card issuer and requesting a reduction. However, you should aim to do this when you have a good credit score and good relationship with your card.

If your card issuer isn't willing to offer a lower rate indefinitely, ask for a temporary reprieve. For instance, a one-year rate reduction of 1 to 3 percentage points. If they still say no, don't give up hope. Set a reminder to call back in a few months and try again. If you have multiple credit cards with different issuers, try calling another to see if you have any success.

The simplest way to avoid paying credit card interest is to pay your statement balance in full and on time every month. You can automate this by signing up for autopay and selecting your statement balance. Payment history is the most important factor of your credit score, so it's key to always pay on time.

Having a credit card with a low interest rate can be beneficial if you wind up carrying a balance on your card. While carrying a balance isn't ideal, it can be unavoidable at times. A card with a lower interest rate can save you a significant amount of money compared to a card with a high interest rate.

Credit card interest rates fluctuate for a variety of reasons. Some of these are completely out of your control, but others depend on how you use your credit card or manage your account.

If the Fed changes its benchmark rate, also known as the prime rate, and you have a variable-rate credit card, your interest rate will change in the same direction the Fed rate changes. For example, a rise in the prime rate will likely cause your credit card APR to increase.

If you're more than 60 days late on a payment, your interest rate can spike with a costly penalty APR. This new rate can apply to existing balances and new transactions until you make six monthly payments on time.

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