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Sometimes you don’t need all the bells and whistles – just a low fee, low-interest rate card to get the job done. But keep in mind, often these low-interest rate cards require a good to excellent credit score to get approved.

Take a look at some of the best low-interest credit cards for 2017 below.

Best low interest rate cards

Best for a long 0% APR period

Citi Simplicity® Card

Apply Now

on Citibank's website

Summary

The Citi Simplicity Card offers cardholders a whopping 21 months of 0% interest as long as you don’t miss a payment or exceed the late payment limit. The added benefit is that this card also offers 21 months of 0% APR on balance transfers completed within four months from the date of account opening.

Get it

Along with the longest introductory 0% interest period we’ve seen, the Citi Simplicity Card also has no late fees (although, remember that missing multiple payments will negatively impact your credit score.)

Key highlights

  • 0% introductory APR for 21 months from account opening for purchases and balance transfers. Once the introductory period is over, you will pay a variable APR of 14.49% to 24.49%, based on your creditworthiness
  • No annual fee
  • No late fees or penalty rates

Skip it

The Citi Simplicity Card has a fantastic 0% interest period, but you will still be charged balance transfer fees of $5 or 3%, whichever is greater, on every transfer you make. So if you’re looking for a 0% interest card in order to transfer a large amount of debt, you will want to calculate the potential savings against the cost of the transfer to see if this is the best move for you.

You can learn more about the Citi Simplicity Card in our full review here.

 

Best low interest rate cards

Best low ongoing APR

Barclaycard Ring™ Mastercard®

Apply Now

on Barclaycard's website

Summary

If you tend to carry a balance on your credit cards from month to month, the Barclaycard Ring Mastercard offers 0% APR on purchases and balance transfers for the first 15 months, combined with its low, ongoing 13.99% APR, should make you consider giving it a closer look.

Get it

If you’re looking for an extended 0% APR period with a relatively low APR thereafter, and you want to share in the card’s estimated profits through Barclaycard’s Giveback program, the Barclaycard Ring Mastercard might be a good bet for you.

Key highlights

  • 0% APR on purchases for the first 15 months
  • 0% APR on balance transfers for the first 15 months made with 45 days of account opening
  • Low, variable 13.74% APR
  • No balance transfer fees

Skip it

If you are looking for cash back or other rewards, this is not the card for you. And, to qualify for this card you’ll need excellent credit

Think you have what it takes? Read more here.

 

Best low interest rate cards

Best sign up bonus

BankAmericard Cash Rewards™ Credit Card

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on Bank of America's website

Summary

With the BankAmericard Cash Rewards Credit Card, cardholders can take advantage of 12 months of 0% APR, earn 2% cash back on groceries and 3% on gas, and enjoy $150 sign-up bonus when you spend $500 within 90 days of account opening.

Get it

For a no annual fee cash back credit card that has no annual fee, 0% APR for 12 months, plus cumulative bonuses for Bank of America customers, look no further than the BankAmericard Cash Rewards Credit Card.

Key highlights

  • No annual fee, 0% APR for 12 billing cycles after which point the interest rate becomes 13.99% to 23.99%, based on creditworthiness when the account was opened
  • 2% cash back on groceries and 3% on gas; that’s $2 for every $100 in groceries and $3 for every $100 in gas, up to a cumulative $2,500 in these categories per quarter (the rewards rate drops to 1% after $2,500)
  • $150 sign-up bonus when you spend $500 within 90 days of account opening
  • Extra redemption bonuses (10-75%) for Bank of America customers who receive their bonus in a Bank of America account; the more money you keep with them, the higher your bonus

Skip it

If you bank elsewhere, spend significantly more than the $2,500 quarterly cap on groceries and gas, or travel is where you make your big spends, then other cards may better suit your credit card needs.

Is the BankAmericard Travel Rewards Credit Card the right fit for you? Learn more here.

 

Best low interest rate cards

Best general cash back rewards

Barclaycard CashForward™ World Mastercard®

Apply Now

on Barclaycard's website

Summary

The Barclaycard Cash Forward World Mastercard offers cardholders 0% APR on purchases and balance transfers (made within 45 days of account opening) for the first 15 billing cycles, as well as the chance to earn $200 in cash rewards when you spend at least $1,000 on your card within 90 days of opening your account.

Get it

If you’re looking for a card that rewards you with 1.5% cash back on every purchase, plus 5% bonus each time you redeem cash back, the Barclaycard Cash Forward World Mastercard might just be the card for you.

Key highlights

  • No annual fee
  • $200 in cash rewards when you spend at least $1,000 on your Barclaycard CashForward™ World Mastercard® within 90 days of account opening
  • 0% APR on purchases and balance transfers (made within 45 days of account opening) for the first 15 billing cycles, after which the APR increases to 15.99%, 20.99%, or 25.99%

Skip it

Frequent travelers looking for a card they can use abroad or those who like the idea of being able to elevate their rewards rate with bonus spending categories might want to look elsewhere for a card that meets their needs — the Barclaycard Cash Forward World Mastercard has a 3% foreign transaction fee and only offers 1.5% cash back regardless of purchase category.

If you like the idea of a hassle free, low-interest cash back card, read our full review here.

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