The content is accurate at the time of publication and is subject to change.

If you're planning on making a large purchase, use the card with a long 0% APR period on purchases to avoid interest payments.

The Wells Fargo Reflect® Card, for example, offers a lengthy interest-free period, which can make it less costly to pay off large purchases or to pay down debt transferred from a high-interest card. New cardholders get 0% intro APR for 21 months from account opening, and then the ongoing APR of 18.24%, 24.74%, or 29.99% Variable APR.

That's one of the longest 0% intro APR periods for purchases and balance transfers among similar cards on the market.

Another good option is the Discover it® Miles. The card comes with a good 0% intro APR offer for 15 months on purchases and balance transfers (17.24% - 28.24% Variable APR after that). As a bonus, Discover will match all the miles you earn in the first year, with no cap. In other words, you'll earn a respectable 3x miles on all purchases in the first year.

Kindly note that it's better to pay your balance off in full before the promotional period ends. Once the promotional period is over, you'll start accruing interest on any unpaid balances. That includes balances that you charged or transferred to the credit card during the promotional APR period, not just new charges.

As an alternative, you might want to consider personal loans. You can choose the duration of the loan and request a specific amount (or a little more). The amount of the loan and interest rates are negotiable, while it depends on the bank which credit limit will be approved for a credit card.

tags : Credit Cards Interest Rates Low Interest

Disclaimer: This editorial content is not provided or commissioned by the credit card issuer(s). Opinions expressed here are the author's alone, not those of the credit card issuer(s), and have not been reviewed, approved or otherwise endorsed by the credit card issuer(s). Reasonable efforts are made to present accurate information, however all information is presented without warranty. Consult a card's issuing bank for the terms & conditions.
All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.