What if we told you that some credit card issuers will, in a manner of speaking, pay you cash back or offer other rewards for your purchases you make with their card? When you combine a rewards program with 0% introductory APR (Annual Percentage Rate) on purchases offer, and you use your card responsibly, not only do you save money on finance charges but you also earn rewards. Of course, if you use a rewards card and pay it off each billing period, you already know this. But if you have a big expenditure coming up that you can’t afford to pay off in one shot, it may make sense to leverage your purchasing power into a 0% introductory APR financing for your purchases (for a specified period of time) and if possible a card that offers rewards as well.
These are a couple of our favorite 0% introductory Annual Percentage Rate (APR) offers currently on the market, we updated this article and list for 2020.
Chase Freedom® credit card
We think it’s great for: large purchases, transferring high interest balances, cash back, rewards
With the Chase Freedom® credit card new Cardmembers are offered 0% introductory APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 14.99%–23.74%. There is a 3% intro balance transfer fee when you transfer a balance during the first 60 days your account is open, with a minimum of $5. The ongoing balance transfer fee is either $5 or 5% of the amount of each transfer, whichever is greater. There is no annual fee.
You earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate. There are new 5% categories each quarter. On all other purchases earn unlimited 1% cash back. As long as your account is open, your Cash Back rewards do not expire, and there is no minimum to redeem for cash back.
Chase Slate® credit card
We think it’s great for: large purchases, transferring high interest balances, $0 introductory balance transfer fee
If saving on interest is your primary goal, the Chase Slate® credit card is currently offering 0% introductory APR for 15 months on purchases and balance transfers from account opening. After that, 14.99%–23.74% variable APR, based on your creditworthiness. There is a $0 introductory balance transfer fee during the first 60 days your account is open. After that, the fee for future balance transfer transactions is 5% of the amount transferred with a minimum of $5.
Other perks and benefits of owing this card, this card has a $0 annual fee. Utilize Credit Journey℠ which gives you unlimited access to your credit score and more. And icing on the cake, it’s free, even if you’re not a customer of Chase. The downside of owning this card is that there is no rewards program.
Independent Review Disclosure: All the information about the Chase Freedom® credit card, and Chase Slate® credit card have been collected independently by CreditSesame.com and have not been reviewed or provided by the issuer of these cards. The Chase Freedom® credit card, and Chase Slate® credit card are not available through CreditSesame.com.
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