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Is 0 apr a good deal?

Updated: 9/13/2023
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16y ago

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Depends on how long it stays at zero and what it goes to after the 0% period (three month, maybe?) is over. On an ongoing basis, 0% would be a really good deal, but that's pretty unlikely to happen. Read the rest of the terms.

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16y ago
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Related questions

Where can one obtain a 0 APR introduction credit card in Alberta?

The only place that routinely gives an APR of 0% as an introductory credit card is Capital One. You can also ask your current bank for a good deal if you have a good credit rating.


What is a credit card that offers 0 APR?

A good credit card that offers 0 ARP is Discover card but in order to qualify for a 0 APR credit card you must have proof of income and a great credit standing.


What is the APR rate on the newest Discover Credit Card?

Discover Credit Card offers an intorductory purchase and transfer APR of 0%. After 15 months at 0% APR, the APR will change to a variable purchase APR. The APR will vary from 11.99% to 19.99%.


Where can one find a 0 percent APR credit card?

A great place to start searching for a 0% APR credit card is Get Rich Slowly's article on the best 0% APR credit cards of 2013. They compare the various 0% APR credit cards to show the benefits or disadvantages of each.


What is a good APR?

It depends on what you are getting credit for. A home loan with an APR less than 5.5% is good. A credit card with an APR of 15% or less is good.


Where can I find companies issuing low interest credit cards?

There are several different credit card companies that offer 0% APR on sign in for several months. Citi credit card offers 0% APR for 18 months, Capital One offers 0% APR until August of 2013, Discover offers 0% APR for 15 months and Chase offers 0% APR for 15 months as well. To narrow these down you will want to review interest rates after the initial 0% rate and choose the credit card that will best suit your needs.


Can I save money by getting a 0% APR credit card?

Yes, a 0%APR means that the interest charged is zero. However, most such 0%APR rates are introductory rates and expire after some time. You should also compare annual fees, late payment penalties and other charges.


Where can one receive 0 percent on their credit card?

There are a number of different credit card companies that offer 0 percent APR credit cards. Some of the companies that offer 0 percent APR are Capital One and Discover.


What is the APR rating on the Citi credit card?

There are numerous Citi credit cards, with the APR ranging from 0% to over 15%. Many of the cards offer the 0% rate as an introductory rate, after which the APR jumps to a much higher level. One should be cautious with these types of plans.


What is a good APR when buying a car?

5.25%


What can someone get a credit card with 0 APR?

Someone is able to get a credit card with 0% APR if they are switching their main account from one bank to another. These sorts of accounts are often offered to encourage new customers.


What major companies offer a zero interest credit card?

Chase Chase offers several cards with 0% intro APR periods, such as the Chase Freedom Unlimited (0% intro APR on purchases for 15 months) and the Chase Slate Edge (0% intro APR on purchases and balance transfers for 18 months). Citi Citi has cards like the Citi Simplicity (0% intro APR on purchases for 12 months and balance transfers for 21 months) and the Citi Diamond Preferred (0% intro APR on purchases for 12 months and balance transfers for 21 months). American Express Amex offers cards with 0% intro APRs, such as the Amex EveryDay Credit Card (0% intro APR on purchases for 15 months) and the Amex Cash Magnet Card (0% intro APR on purchases for 15 months). Discover Discover it Cash Back (0% intro APR on purchases for 15 months) and Discover it Balance Transfer (0% intro APR on balance transfers for 18 months) are popular zero interest options. Bank of America BofA offers the BankAmericard Credit Card with a 0% intro APR on purchases for 18 billing cycles.