Credit Cards

The Best Interest-Free Credit Cards of 2023

Editor's Note

You can trust the integrity of our balanced, independent financial advice. We may, however, receive compensation from the issuers of some products mentioned in this article. Opinions are the author's alone. This content has not been provided by, reviewed, approved or endorsed by any advertiser, unless otherwise noted below.

You want to get serious about paying down your credit card debt. In that case, we recommend switching to an interest-free credit card so you can save money by not making any interest payments. You won’t have to worry about high-interest rates that make it impossible to ever make a dent in your credit card balance.

Credit cards come with a variety of interest-free introductory offers today. From balance transfers to no interest on purchases, they offer a smart way to reduce or even eliminate interest charges on new purchases or transferred balances. Many interest-free credit cards come with no annual fees and a reasonable regular APR when the introductory rate expires.

Many of the cards we focused on also offer 0% on balance transfers. However, if you are specifically interested in transferring a balance, we recommend you check out our list of balance transfer offers.

Interest-Free Credit Cards for 21 Months

Wells Fargo Reflect® Credit Card

The Wells Fargo Reflect® Card comes with a 0% intro APR for up to 21 months from the account opening date, making it one of the longest intro periods available out here. You automatically get the 0% intro APR for 18 months from the day of opening your account on purchases and qualifying balance transfers. You can also get an additional three months of APR extension if you make your payments on time during the introductory period.

The variable APR after that is from 16.74% to 28.74%. Balance transfers made within 120 days qualify for the intro rate and fee as well.

  • You get Roadside Dispatch, a 24/7 on-demand dispatch network that gives you access to emergency roadside assistance.
  • My Wells Fargo Deals offer discounts from select merchants that you can take advantage of.
  • You get up to $600 of cell phone protection for damages or theft when you pay your monthly bill with your credit card.

There’s no annual fee for the Wells Fargo Reflect® Card, and you also get zero liability protection so that you don’t have to worry about being held responsible for unauthorized purchases.

Interest-Free Credit Cards for 18 Months

Bank of America® Travel Rewards Credit Card

The Bank of America® Travel Rewards Credit Card comes with an introductory offer of 0% APR on all balance transfers and purchases for the first 18 billing cycles. You have 60 days for any balance transfer from the first day of opening your account. A 3% fee with a minimum of $10 applies to all balance transfers. After the introductory offer ends, the variable APR will be between 17.74% to 27.74%. This interest-free credit card also comes with travel rewards that you can take advantage of.

  • A sign-up incentive of 25,000 online bonus points if you spend at least $1,000 on purchases in the first 90 days of opening your account.
  • You can earn an unlimited 1.5 points for every $1 you spend on all purchases. Your points don’t expire either.
  • Preferred Rewards members can earn 25%-75% more points on every single purchase, every time.

When looking for no interest on purchases credit card offers, it’s not very often that you see a travel rewards card get mentioned. This credit card also comes with no annual or foreign transaction fees to worry about.

Related: 8 Top Rewards Credit Cards

Interest-Free Credit Cards for 15 Months

Blue Cash Everyday® Card from American Express

This is a no-fee version of the Blue Cash cards. The Blue Cash Everyday® Card from American Express offers a 0% for 15 Months on purchases and balance transfers. An ongoing APR of 18.24% - 29.24% Variable applies. See Rates & Fees.

New members can earn $200 statement credits after you spend $2,000 in purchases within first 6 months. Terms Apply.

Also, earn Cash Back: 3% Cash Back at U.S. supermarkets, at U.S. gas stations, and on U.S. online retail purchases (up to $6,000 per year per category, then 1%).

There’s no annual fee.

Chase Freedom Flex℠

The Chase Freedom Flex℠ offers a 0% credit card that combines with excellent rewards. The 0% intro APR lasts for 15 months on purchases and balance transfers from account opening (the APR after the intro rate expires is 19.24% - 27.99% Variable). You also get a card with excellent cash back rewards.

  • Get a $200 bonus after spending $500 on purchases in your first three months from account opening.
  • Earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate
  • Earn 1% cash back on all other purchases

There’s no annual fee to own the Chase Freedom Flex.

Discover it® CashBack Match Credit Card

The Discover it® CashBack Match Credit Card is one of the best interest-free credit cards because it also has one of the best introductory offers with the Unlimited Cashback Match. This credit card comes with a 0% intro APR for 15 months on all purchases and balance transfers and a 3% intro balance transfer fee until February 10, 2023. Then the variable rate changes to 15.74% to 26.74% after 15 months. You also have a credit card with excellent rewards.

  • 5% cash back at select places throughout the year.
  • 1% cash back rewards on all other purchases.
  • With Cashback Match, you get an automatic unlimited match of dollar-for-dollar on all the cash back you earn in your first year with this card.

There’s no annual fee, and you get free access to your FICO credit score, making this one of the best interest-free credit cards with rewards.

You can read our full review.

Related: Guide to the Best Balance Transfer Credit Cards

Capital One SavorOne Cash Rewards Credit Card

With its 0% intro APR for 15 months on all purchases and balance transfers, you get a variable APR of 19.24% - 29.24% after that. There’s a 3% balance transfer fee. You also get a credit card with fantastic cash back rewards.

  • There’s an introductory bonus of $200 cash back when you spend $500 on purchases within the first 90 days of opening your account.
  • You can earn an unlimited 3% in cash back rewards on dining, entertainment, grocery stores, and popular streaming services,
  • You get 1% cash back on all other purchases.

The Capital One SavorOne Cash Rewards Credit Card comes with no annual fee. It’s one of the best interest-free credit cards with rewards for those looking for a sign-up bonus as an incentive.

Interest-Free Credit Cards for 12 Months

Citi® Diamond Preferred® Credit Card

The Citi® Diamond Preferred® Credit Card comes with a 0% intro APR for 12 months on purchases from the account opening date. However, you get a 0% intro APR for 21 months on balance transfers. After this period, the variable APR is between 16.74% and 27.49%. You have four months from the account opening date to complete any balance transfers.

While this credit card doesn’t come with any rewards, you can take advantage of the extended introductory interest-free period for balance transfers. You also get $0 liability on unauthorized charges, and you can choose your payment due date for flexibility.

Citi Simplicity® Credit Card

The Citi Simplicity® Credit Card card offers a 0% credit card with flexibility. This is the ideal credit card for anyone looking to consolidate credit card debt to focus on debt repayment. While you don’t get any rewards as you do with other credit cards, you have a longer period for the 0% intro APR.

  • 0% intro APR for 12 months on purchases from the account opening date.
  • 0% intro APR for 21 months on balance transfers from the date of the first transfer.
  • After this period, the variable APR will be 17.74% to 28.49%, depending on your creditworthiness.

You also get automatic account alerts, you can choose your payment due date (beginning, middle, or end of the month), and you also have $0 liability on unauthorized chargers. This no-interest-on-purchases credit card also comes with no annual fee.

Things To Consider Before Signing Up for One of the Best Interest Free Credit Cards

Before you decide to switch credit cards, there are pros and cons when signing up for interest-free credit cards.

Pros and Cons

  • You get more time to pay off your debt - Paying down credit card debt can be a stressful process. By transferring your balance over, you can get at least an extra year to focus on paying off your balance.

  • You save money on interest - We all know how hefty the interest rate fees can be when it comes to credit card balances. By not paying any interest, you can save a significant amount of money.

  • You can improve your credit score - When you make consistent payments and pay down your debt, your credit score improves.


  • You could lose your introductory APR period if you miss a payment - You have to be diligent about making your payments on time so you don’t lose the offer.

  • The impact on your credit score - When you apply for a new credit card, the lender will do a hard credit inquiry, which hurts your credit score a little bit for a short time.

  • Balance transfer fees - It’s essential you look at the balance transfer fee to ensure that it’s worth it because the fees can add up sometimes.

The Final Word on Interest Free Credit Cards

When looking for the best interest-free credit cards, it’s crucial to remember that they serve a clear purpose. These credit cards should provide a temporary break from ridiculously high-interest payments so you can focus on paying off large credit card purchases or tackling your credit card debt.

If you pay off your balance in full each month and follow the personal finance basics, you don’t have to stress about looking for the best interest-free credit cards. However, we understand that things happen in life; sometimes, we all need little assistance to get out of trouble.

The interest-free period can range from one year to nearly two years. Hopefully, this should give you enough time to pay down your balance. Then you can consider applying for a different credit card as your lifestyle and spending habits change.

Rob Berger

Rob Berger

Rob Berger is the founder of Dough Roller and the Dough Roller Money Podcast. A former securities law attorney and Forbes deputy editor, Rob is the author of the book Retire Before Mom and Dad. He educates independent investors on his YouTube channel and at RobBerger.com.


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