0% APR Credit Card Recommendation (1)

Credit cards have interest. If the statement balance is not paid by the payment due date, the bank will charge a certain amount of interest on the remaining statement balance. Although some friends have a good habit of paying off all the money and not paying interest, a large number of credit card users are still burdened with debt. According to the Consumer Credit Report released by the Federal Reserve in November 2018, the average American credit card owes $ 5,839. If calculated based on the 20% annual interest on the credit card, it will generate around $ 97 interest per month. After a year, a lot of money has been spent.

Faced with monthly credit card bills, many consumers have more than enough energy to pay off in full, watching banks charge high interest rates. For example, before the US government shutdown, hundreds of thousands of federal employees could not receive a salary, and many were unable to pay various bills on time, resulting in various fines or interest for late payment. What is more frightening is that the interest on credit cards can again generate interest, commonly known as "Ripunli", which is powerful. Right now, if credit card interest can be reasonably avoided, it will help ease financial strains and pressure on wallets.

In credit card advertising, consumers can often see no interest (0% APR) as the positive point of credit cards. Within a certain period of time, typically 12-18 months, if you use a 0% APR credit card for consumption or balance transfer (i.e. transfer debt from a credit card to another), there will be no interest. Today I have compiled some great credit cards that offer 0% APR, they not only have a long interest free period but also offer various other benefits.

Bank of America

Bank of America Cash Rewards credit card

• Annual fees and interest-free period: no annual fees, 15-month interest-free period after opening the card, applicable to consumption and balance transfer

• A la carte sign-up bonus: you can get a $ 200 cash sign-up bonus if you spend $ 1000 within 3 months of opening the card

• Cash back for consumption: you can choose any of the meals / fuel / travel / online shopping / pharmacy every month to get 3% cash back; 2% discount for shopping; 1% discount for any other consumption

• Other highlights: no threshold, no credit record can apply; BOA bank account users can get up to 75% of all additional cash back rewards.

• As a good cash back card with no annual fee, the BOA Cash Rewards card (commonly referred to as "321 card") not only offers a 15 month interest-free period, but also allows users to freely choose a cash back by 3% after the revision in January 2019 The consumption category of, makes the cash back structure closer to life and more flexible and versatile. Another strong point of this card is that it is easy to apply and does not require a credit history, which makes it very suitable for consumers with limited credit history.

Since the BOA Cash Rewards card is very powerful and has no annual fee, it is also suitable for long-term holding after the 15-month interest-free period to get cash back for daily consumption.

Bank of America Travel Rewards credit card

• Annual fees and interest-free period: no annual fees, 12-month interest-free period after opening the card, applicable to consumption, not applicable to balance transfer

• Card Enrollment Rewards: You can get $ 250 in cash enrollment rewards after spending $ 1,000 within 3 months of opening the card

• Cash back on consumption: 1.5% cash back on any consumption

• Other strengths: no processing fees abroad / currency conversion fees; BOA bank account users can get up to 75% of all additional cash back rewards.

As another credit card product in the BOA family, the BOA Travel Rewards card has no annual fee and also offers a 12 month interest free period. Different from the previous BOA Cash Rewards card, the cash back structure of this card is very simple: all purchases can benefit from an unlimited cashback of 1.5%, which is too worry-free and perfectly suitable for users of this card. 'one card.

Another strong point of the BOA Travel Rewards card is that there are no overseas processing fees, making it one of the few credit cards with no annual fee to offer this benefit. In addition, it is a Visa card, which has a high degree of acceptance around the world, it is okay to bring it on a trip abroad, it is very consistent with the name of its card .