Finding a credit card with a low interest rate can save you a significant amount of money, especially if you tend to carry a balance from month to month. While most credit cards come with high annual percentage rates (APRs), some offer much lower rates, making them ideal for those who want to minimize interest charges.
In this in-depth guide, we’ll cover:
✅ The best credit cards with low interest rates in 2025
✅ How credit card interest rates work
✅ What makes a low-interest credit card valuable
✅ Tips to qualify for the lowest possible APR
By the end of this article, you’ll know exactly which low-interest credit card fits your financial needs.
📌 What Are Low-Interest Credit Cards?
A low-interest credit card is one that offers a lower APR compared to standard credit cards. Many of these cards have a variable APR as low as 10% for those with excellent credit. Some also come with a 0% introductory APR for purchases and balance transfers, allowing you to avoid interest for a limited time.
Low-interest credit cards are designed for people who want to minimize the cost of borrowing. These cards typically offer:
🔹 Lower-than-average APRs – Some cards provide APRs as low as 10%-15%, while others offer 0% introductory APRs for a limited time.
🔹 No or low penalty APRs – If you make a late payment, some low-interest cards won’t drastically increase your APR.
🔹 Balance transfer benefits – Many low-APR credit cards allow you to transfer high-interest debt and pay it off at a reduced rate.
Unlike rewards or cashback credit cards, low-interest credit cards prioritize financial flexibility over perks, making them a great choice for those who may carry a balance from month to month.
🔹 Why Choose a Low-Interest Credit Card?
✔ Save on Interest – Less interest means more savings on unpaid balances.
✔ Manage Debt Better – Ideal for those looking to reduce credit card debt.
✔ Lower Financial Stress – Helps keep monthly payments affordable.
Now, let’s dive into the 8 best credit cards with low interest rates you should consider.
💳 8 Best Credit Cards with Low Interest Rates
1. Citi® Diamond Preferred® Card – Best for 0% Intro APR on Balance Transfers
🔥 Key Features:
✔ 0% intro APR for 21 months on balance transfers (then 17.99%-28.74% variable APR).
✔ 0% intro APR for 12 months on purchases.
✔ No annual fee.
✔ Access to Citi Entertainment® for special event deals.
Why It’s a Great Low-Interest Card:
If you have high-interest debt on another card, the Citi Diamond Preferred gives you nearly two years of 0% APR on balance transfers, helping you pay down debt interest-free.
📌 Best For: Balance transfers & those looking for a long 0% intro APR.
2. Wells Fargo Reflect® Card – Longest 0% Intro APR Offer
🔥 Key Features:
✔ 0% intro APR for up to 21 months on purchases & balance transfers (then 18.24%-29.99% variable APR).
✔ No annual fee.
✔ Cell phone protection (when you pay your phone bill with the card).
✔ Contactless payment for added convenience.
Why It’s a Great Low-Interest Card:
If you’re planning a large purchase or want to consolidate debt, this card offers one of the longest 0% APR periods available.
📌 Best For: Big purchases & long-term interest-free financing.
3. BankAmericard® Credit Card – Best for Everyday Low APR
🔥 Key Features:
✔ 0% intro APR for 18 billing cycles on purchases & balance transfers (then 16.24%-26.24% variable APR).
✔ No annual fee.
✔ No penalty APR for missed payments.
Why It’s a Great Low-Interest Card:
Unlike many credit cards with APRs over 20%, the BankAmericard offers a lower ongoing interest rate after the intro period, making it ideal for those who may carry a balance.
📌 Best For: People who want a consistently low APR after the intro period.
4. Discover it® Cash Back – Best for Rewards with Low APR
🔥 Key Features:
✔ 0% intro APR for 15 months on purchases & balance transfers (then 17.24%-28.24% variable APR).
✔ 5% cash back in rotating categories (up to $1,500 per quarter).
✔ Unlimited 1% cash back on all other purchases.
✔ No annual fee.
Why It’s a Great Low-Interest Card:
Not only does it offer a solid 0% APR period, but it also gives cash back rewards, making it a great choice for everyday spending while keeping interest charges low.
📌 Best For: Earning rewards while enjoying a low APR.
5. U.S. Bank Visa® Platinum Card – Best for Large Purchases
🔥 Key Features:
✔ 0% intro APR for 20 billing cycles on purchases & balance transfers (then 18.24%-29.24% variable APR).
✔ No annual fee.
✔ Cell phone protection.
Why It’s a Great Low-Interest Card:
If you’re looking to finance a big-ticket item, this card gives you almost two years of 0% APR, making it ideal for spreading out payments interest-free.
📌 Best For: Financing expensive purchases without interest.
6. PenFed Gold Visa® Card – Best for Military Members & Low Ongoing APR
🔥 Key Features:
✔ Ongoing low APR from 11.99%-17.99% (one of the lowest in the industry).
✔ No annual fee.
✔ No balance transfer fees.
Why It’s a Great Low-Interest Card:
While most cards have APRs well above 15%, this card’s lowest rate starts at 11.99%, making it an excellent long-term option for carrying a balance.
📌 Best For: Military members & those seeking an ultra-low APR.
7. Chase Freedom Unlimited® – Best for Cash Back with Low APR
🔥 Key Features:
✔ 0% intro APR for 15 months on purchases & balance transfers (then 20.24%-28.99% variable APR).
✔ 3% cash back on dining & drugstores.
✔ 1.5% cash back on all purchases.
✔ No annual fee.
Why It’s a Great Low-Interest Card:
You get both cash back and a long intro APR, making it a solid everyday spending card while still avoiding interest charges for 15 months.
📌 Best For: Earning rewards with a low intro APR.
8. Simmons Bank Visa® – Best for Lowest Ongoing APR
🔥 Key Features:
✔ One of the lowest APRs in the industry (11.25%-17.25% variable APR).
✔ No annual fee.
✔ Travel accident insurance included.
Why It’s a Great Low-Interest Card:
If you’re focused purely on securing the lowest APR possible, the Simmons Bank Visa® is one of the best options, keeping interest charges to a minimum.
📌 Best For: People who want a permanent low-interest card.
🎯 How to Choose the Best Low-Interest Credit Card
When selecting a low-interest credit card, consider the following:
✔ Intro APR Period – If you need to transfer a balance or make a big purchase, look for 0% intro APR offers lasting at least 12-21 months.
✔ Ongoing APR – If you carry a balance long-term, choose a card with an APR below 15%.
✔ Fees & Benefits – Some low-APR cards offer cash back, cell phone protection, or travel perks.
🏆 Final Thoughts: The Best Low-Interest Credit Cards
💳 Top Picks:
✔ Best for Balance Transfers: Citi® Diamond Preferred®
✔ Longest 0% APR: Wells Fargo Reflect®
✔ Best Low Ongoing APR: Simmons Bank Visa®
If you want to save money on credit card interest, choosing one of these 8 low-interest credit cards can help you manage debt, reduce costs, and take control of your finances. 🚀
💡 Pro Tip: Always pay your balance in full to avoid interest altogether!
Also Check:
- How Do Credit Card Interest Rates Work?
- Top 3 Debt Strategies That Still Payoff Fast in 2025: Avalanche, Snowball, and HELOC
- 9 Steps to Improve Your Credit Score with Counseling
