Best Low Interest Rate Credit Cards of November 2023
The best low interest rate credit cards stand out as ideal choices for individuals seeking to minimize interest charges on their balances. These cards typically offer competitive APRs (Annual Percentage Rates), making them particularly suitable for those who may carry a balance from month to month. By offering lower interest rates, these cards help reduce the cost of borrowing and can be a more affordable option for managing debt compared to higher-rate cards.
In addition to their low interest rates, these cards often come with other beneficial features. Some may provide introductory offers with 0% APR for a certain period on purchases or balance transfers, giving cardholders a window to pay off debts without accruing additional interest. Others might include perks like cashback rewards, points on everyday purchases, or no penalty APRs, enhancing their value. These low interest rate credit cards are especially advantageous for consumers looking to finance large purchases over time or those seeking a more manageable way to pay down existing debts while keeping interest costs in check.
| Credit Card | Our Rating | Annual Fee | Rewards Rate | Intro Offer | Learn More |
|---|---|---|---|---|---|
 Wells Fargo Reflect® Card |
5.0/5 | $0 | 0% intro APR | 18.24%, 24.74%, or 29.99% Variable APR | Apply Now |
 BankAmericard® credit card |
4.7/5 | $0 | 0% Intro APR | 16.24%-26.24% Variable APR | Apply Now |
Wells Fargo Active Cash® Card |
4.9/5 | $0 | 0% intro APR | 20.24%, 25.24%, or 29.99% Variable APR | Apply Now |
 Chase Freedom Unlimited® |
5.0/5 | $0 | 0% intro APR | 20.49%-29.24% Variable APR | Apply Now |
 Discover it® Cash Back |
4.5/5 | $0 | 0% intro APR | 17.24%-28.24% Variable APR | Apply Now |
 Chase Freedom Unlimited® |
5.0/5 | $0 | 0% intro APR | 19.24%-29.24% Variable APR | Apply Now |
 Chase Freedom Flex℠ |
5.0/5 | $0 | 0% intro APR | 20.49%-29.24% Variable APR | Apply Now |
Our pick for
Longest 0% intro APR period
Wells Fargo Reflect® Card
ANNUAL FEE
$0
INTRO APR
0% intro APR
REGULAR APR
18.24%, 24.74%, or 29.99% Variable APR
CREDIT SCORE
690-850
The Wells Fargo Reflect® Card offers a 0% intro APR period that can potentially approach two years, if you make your monthly payments on time.
Few if any cards offer a promotional window like this one: You’ll get a 0% intro APR for 21 months from account opening on purchases and qualifying balance transfers, and then the ongoing APR of 18.24%, 24.74%, or 29.99% Variable APR.
You won’t earn ongoing rewards, aside from being able to opt into one-time offers from My Wells Fargo Deals.
- Select “Apply Now” to take advantage of this specific offer and learn more about product features, terms and conditions.
- 0% intro APR for 21 months from account opening on purchases and qualifying balance transfers. 18.24%, 24.74%, or 29.99% variable APR thereafter; balance transfers made within 120 days qualify for the intro rate, BT fee of 5%, min $5.
- $0 Annual Fee.
- Get up to $600 of cell phone protection against damage or theft when you pay your monthly cell phone bill with your eligible Wells Fargo card (subject to a $25 deductible).
- Through My Wells Fargo Deals, you can get access to personalized deals from a variety of merchants. It’s an easy way to earn cash back as an account credit when you shop, dine, or enjoy an experience simply by using an eligible Wells Fargo credit card.
Our pick for
Longest 0% intro APR period
BankAmericard® credit card
ANNUAL FEE
$0
INTRO APR
0% Intro APR
REGULAR APR
16.24%-26.24% Variable APR
CREDIT SCORE
690-850
The BankAmericard® credit card is a solid option for people looking to start out with one of the longest interest-free periods available anywhere.
There’s a 0% Intro APR for 18 billing cycles for purchases, and for any balance transfers made in the first 60 days of opening your account. After the intro APR offer ends, a Variable APR that’s currently 16.24%-26.24% will apply..
The card doesn’t earn ongoing rewards.
- 0% Introductory APR for 18 billing cycles for purchases, and for any balance transfers made in the first 60 days. After the intro APR offer ends, 16.24% – 26.24% Variable APR will apply. A 3% fee applies to all balance transfers.
- No annual fee.
- No penalty APR. Paying late won’t automatically raise your interest rate (APR). Other account pricing and terms apply.
- Access your FICO® Score for free within Online Banking or your Mobile Banking app.
- Contactless Cards – The security of a chip card, with the convenience of a tap.
- This online only offer may not be available if you leave this page or if you visit a Bank of America financial center. You can take advantage of this offer when you apply now.
Our pick for
Highest flat-rate cash back
Wells Fargo Active Cash® Card
ANNUAL FEE
$0
INTRO APR
0% intro APR
REGULAR APR
20.24%, 25.24%, or 29.99% Variable APR
CREDIT SCORE
690-850
The $0-annual-fee Wells Fargo Active Cash® Card is ideal for financing a large purchase, and it’s also a great card to keep around even after that thanks to its high ongoing rewards rate on everything you buy.
The card offers a 0% intro APR on Purchases for 15 months and 0% intro APR on Balance Transfers 15 months from account opening on qualifying balance transfers, and then the ongoing APR of 20.24%, 25.24%, or 29.99% Variable APR. It also earns 2% cash back on all purchases, and there’s a generous sign-up bonus, to boot.
It’s not an ideal travel buddy because of its foreign transaction fee, which will make international travel more expensive.
- Select “Apply Now” to take advantage of this specific offer and learn more about product features, terms and conditions.
- Earn a $200 cash rewards bonus after spending $500 in purchases in the first 3 months.
- Earn unlimited 2% cash rewards on purchases.
- 0% intro APR for 15 months from account opening on purchases and qualifying balance transfers, then a 20.24%, 25.24%, or 29.99% variable APR; balance transfers made within 120 days qualify for the intro rate and fee of 3% then a BT fee of up to 5%, min: $5.
- $0 annual fee.
- No categories to track or remember and cash rewards don’t expire as long as your account remains open.
- Enjoy a premium collection of benefits at a selection of the world’s most intriguing and prestigious hotel properties with Visa Signature Concierge.
- Get up to $600 of cell phone protection against damage or theft when you pay your monthly cell phone bill with your eligible Wells Fargo card (subject to a $25 deductible).
Our pick for
Ongoing cash back
Chase Freedom Unlimited®
ANNUAL FEE
$0
INTRO APR
0% intro APR
REGULAR APR
20.49%-29.24% Variable APR
CREDIT SCORE
690-850
The Chase Freedom Unlimited® starts you out with an excellent 0% intro APR period (and a nice bonus offer) and delivers ongoing value with its cash back rewards.
You get an introductory 0% intro APR on purchases and Balance Transfers for 15 months, and then the ongoing APR of 20.49%-29.24% Variable APR. This card earns 5% cash back on travel booked through Chase; 3% cash back at restaurants and drugstores; and 1.5% on other purchases. New cardholders also get a solid bonus offer.
Depending on your spending patterns, you might earn more rewards with a card that pays higher rates in specific categories. Still, this card’s combination of rewards and 0% period makes it a formidable choice.
- SPECIAL OFFER: Unlimited Matched Cash Back. Use your card for all your purchases and at the end of your first year, Chase will automatically match all the cash back you earned! There is no limit to how much you can earn. Every dollar in cash back rewards you earn is a dollar Chase will match.
- Unlimited 1.5% cash back is just the beginning of what you can earn. You’ll enjoy 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery services, 5% cash back on travel purchased through Chase Ultimate Rewards®, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards and more; and 1.5% cash back on all other purchases.
- Enjoy 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 20.49% – 29.24%.
- No minimum to redeem for cash back. You can choose to receive a statement credit or direct deposit into most U.S. checking and savings accounts. Cash Back rewards do not expire as long as your account is open!
- No annual fee – You won’t have to pay an annual fee for all the great features that come with your Freedom Unlimited® card
- Keep tabs on your credit health, Chase Credit Journey helps you monitor your credit with free access to your latest score, real-time alerts, and more.
- Member FDIC
Our pick for
Bonus category cash back
Discover it® Cash Back
ANNUAL FEE
$0
INTRO APR
0% intro APR
REGULAR APR
17.24%-28.24% Variable APR
CREDIT SCORE
690-850
The Discover it® Cash Back earns solid cash-back rewards while giving you breathing room to pay down debt without interest.
You get a 0% intro APR for 15 months on purchases and balance transfers, and then the ongoing APR of 17.24%-28.24% Variable APR. You’ll earn 5% cash back on rotating bonus categories that you activate (on up to $1,500 in spending per quarter) and 1% back on all other spending. All the while during your first year, you’re earning Discover’s signature new-cardholder bonus.
Rewards-wise, it can be a hassle to track bonus categories and opt in to them every quarter.
- INTRO OFFER: Unlimited Cashback Match – only from Discover. Discover will automatically match all the cash back you’ve earned at the end of your first year! There’s no minimum spending or maximum rewards. You could turn $150 cash back into $300.
- Earn 5% cash back on everyday purchases at different places you shop each quarter like grocery stores, restaurants, gas stations, and more, up to the quarterly maximum when you activate. Plus, earn unlimited 1% cash back on all other purchases—automatically.
- Discover could help you reduce exposure of your personal information online by helping you remove it from select people-search sites that could sell your data. It’s free, activate with the mobile app.
- Every $1 you earn in cash back is $1 you can redeem
- Get a 0% intro APR for 15 months on purchases. Then 17.24% to 28.24% Standard Variable Purchase APR applies, based on credit worthiness.
- No annual fee.
- Terms and conditions apply.
Our pick for
Bonus category cash back
Citi Custom Cash® Card
ANNUAL FEE
$0
INTRO APR
0% intro APR
REGULAR APR
19.24%-29.24% Variable APR
CREDIT SCORE
630-850
The Citi Custom Cash® Card can help you finance a purchase with a good intro APR offer, and beyond that it gives you the chance to earn 5% cash back each month. Terms apply.
This card offers 0% intro APR on Purchases and Balance Transfers for 15 months, and then the ongoing APR of 19.24%-29.24% Variable APR. Plus, it earns 5% back automatically in your eligible top spending category on up to $500 spent per billing cycle (1% back on other purchases).
You can find cards with longer intro APR periods. You can also find cards with higher spending caps — or no caps at all — on bonus rewards.
- Earn $200 cash back after you spend $1,500 on purchases in the first 6 months of account opening. This bonus offer will be fulfilled as 20,000 ThankYou® Points, which can be redeemed for $200 cash back.
- 0% Intro APR on balance transfers and purchases for 15 months. After that, the variable APR will be 19.24% – 29.24%, based on your creditworthiness.
- Earn 5% cash back on purchases in your top eligible spend category each billing cycle, up to the first $500 spent, 1% cash back thereafter. Also, earn unlimited 1% cash back on all other purchases.
- No rotating bonus categories to sign up for – as your spending changes each billing cycle, your earn adjusts automatically when you spend in any of the eligible categories.
- No Annual Fee
- Citi will only issue one Citi Custom Cash® Card account per person.
Our pick for
Bonus category cash back
Chase Freedom Flex℠
ANNUAL FEE
$0
INTRO APR
0% intro APR
REGULAR APR
20.49%-29.24% Variable APR
CREDIT SCORE
690-850
If you’re willing to put in a little work, the Chase Freedom Flex℠ offers terrific rewards potential that will endure long after its (excellent) 0% APR period runs out.
You get an introductory 0% intro APR on purchases and Balance Transfers for 15 months, and then the ongoing APR of 20.49%-29.24%, Variable APR. This card earns 5% cash back in bonus categories that change every three months (on up to $1,500 per quarter in spending, then 1%); 5% on travel booked through Chase; 3% cash back at restaurants and drugstores; and 1% on other purchases. New cardholders can also earn a cash bonus.
You have to opt in to the bonus categories every quarter, which can be a hassle.
- Earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening.
- 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate. Enjoy new 5% categories each quarter!
- 5% cash back on travel purchased through Chase Ultimate Rewards®, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards and more
- 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and unlimited 1% cash back on all other purchases.
- No minimum to redeem for cash back. You can choose to receive a statement credit or direct deposit into most U.S. checking and savings accounts. Cash Back rewards do not expire as long as your account is open!
- 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 20.49%-29.24%.
- No annual fee – You won’t have to pay an annual fee for all the great features that come with your Freedom Flex℠ card
- Keep tabs on your credit health – Chase Credit Journey helps you monitor your credit with free access to your latest score, real-time alerts, and more.
- Member FDIC`