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Zero Interest Rate Credit Cards Better Business Bureau Reliability Seal

Zero interest rate credit cards work particularly well for people who want to build up their credit score and improve their credit history. You get to enjoy the use of a credit card without paying interest fees.

Charges that you make with zero interest rate credit cards typically go against a certain amount that you've already prepaid into the card. Instead of extending you credit that you have to pay back, you essentially are making withdrawals from money that you've already deposited. This gives you the convenience of major credit card purchasing power, without the risk of running up your debt.

Continue reading below reviews

2017

Zero Interest Rate Credit Card Reviews

5 stars
AccountNow® Gold Visa® Prepaid Card
TopConsumerReviews.com Best-In-Class Blue Ribbon Award

AccountNow® Gold Visa® Prepaid Card

Get Paid up to 2 days Faster with Free Direct Deposit ▼ - Get Your Paycheck or Benefits Checks in Your Card Account and Access Your Funds up to 2 days Earlier Than Payday.
Read More... Visit Site

3 stars
AchieveCard Visa® Prepaid Card

AchieveCard Visa® Prepaid Card

Get paid faster than a paper check
Read More... Visit Site

3 stars
Apply for Gettington Credit! We are different from the everyday credit card and are perfect for peop

Apply for Gettington Credit! We are different from the everyday credit card and are perfect for peop

Read More... Visit Site

3 stars
READYdebit<sup>®</sup> Visa Mint Control Prepaid Card

READYdebit® Visa Mint Control Prepaid Card

$0 Monthly Fee Pay As You Go Plan (See Cardholder Agreement on site)
Read More... Visit Site

3 stars
READYdebit<sup>®</sup> Visa Latte Control Prepaid Card

READYdebit® Visa Latte Control Prepaid Card

$0 Monthly Fee Pay As You Go Plan (See Cardholder Agreement on site)
Read More... Visit Site

2 stars
READYdebit® Visa Prepaid Card

READYdebit® Visa Prepaid Card

Instant Account Number - A Great Card for your Money.
Read More... Visit Site

2 stars
Horizon Gold Credit Card

Horizon Gold Credit Card

All Horizon Card members are guaranteed to receive the Horizon Gold Card, an unsecured credit card, with an initial $500 credit limit provided you are 18 years of age or older, a legal U.S. resident and have furnished accurate identity and application information. There is absolutely no credit check required! Everyone is approved! You'll receive an unsecured credit card with a $500 credit limit good at any Horizon outlet or Horizon online retailer. Enjoy 0% APR on all of your purchases for life! Upon final processing, your new Horizon Gold Card will be reported to a major credit bureau as an unsecured credit line. Read More... Visit Site

Continued from above

While many zero interest rate credit cards are available, there are many differences between them. Some of the factors you'll want to consider include:

  • Annual charges. What are the annual or monthly fees charged for your zero interest rate credit card?
  • Rewards programs. Some zero interest rate credit cards give you extra benefits just for using them. What benefits are offered, and will they be useful to you?
  • Penalties. Are there penalties that will be charged if you spend more than you have in your account? Some zero interest fee credit cards will charge you fees if you don't use their card for an extended period of time.

TopConsumerReviews.com has reviewed and ranked the best zero interest rate credit cards available today. We hope these reviews help you find the best credit card that meets your needs!

Understanding Zero Percent Interest Credit Cards

Free money for nothing? Not exactly but, you can have the convenience of a Visa or MasterCard in your pocket to use as needed - even when your credit score is making it hard to qualify. Zero percent credit cards are typically prepaid credit cards. Customers load the card for a fee and then utilize it without being charged interest. This is the same concept as a prepaid card and similar to a secured credit card. Many people that use zero percent interest credit cards choose these cards to get them through a difficult time.

If your credit issues are due to the recession, overspending or job loss you may be without a credit card. If so, you're not alone. Hundreds of thousands of people are enduring difficult financial times and losing access to credit cards is just one element of their problems. Credit cards not only make for fast and convenient shopping but are also required in many scenarios. Using a zero percent interest credit card is one way to get through a credit crunch. Here's how these cards work:

Approval
The process of getting approved for a zero percent interest rate card is simple. Anyone can apply and be approved for this card type. No credit checks are required and will not have a negative impact on your current credit score.

Loading
Loading your card is the process of putting a balance on the credit card for you to spend. Because the card is pre-loaded you are not charged interest for use. Loading credit should be quick and easy with any card you're considering. You'll find credit card loading stations that accept cash for those with limited resources.

Fees
Understanding the respective fees of a zero interest credit card is important. Even if you're feeling desperate it doesn't mean you have to pay outrageous fees. Shop around and look for the most affordable fees out there. You can anticipate annual fees, sometimes application, participation and activation fees as well with zero percent interest rate credit cards. Be sure and look closely at any and all potential fees on the credit card offers you're considering.

Perks
Many zero percent interest credit cards offer incentives. Some include a reward point system that allows you to cash in rewards for gift cards and merchandise. Others offer varying cash back rewards, free savings accounts, and special offers from specific stores.

Zero percent credit cards are another option for consumers that are needing easy credit card approval. There are no interest rate charges or overdraft fees with these credit cards. You simply load the balance you want to have access to, spend and use as desired. Fees can creep up with zero percent credit cards so be sure and look closely at the credit card agreement before signing.

 

Banks have raised credit-card interest rates - but not savings account rates

Don't miss: This luxury credit card is only for truly big spenders While banks ... As a result, people often don't leave a bank even if they pay a paltry interest rate. Case in point: BAC, +0.67% Bank of America paid an average of 0.08% to its ...

Published:  Thu, 20 Jul 2017 02:44:00 GMT



As Banks Make Huge Profits From Higher Interest Rates, Savers Earn Pennies

Credit card rates jumped from 14.96% to 16%. Meanwhile, savers are still collecting measly interest. The average yield on six-month, one-year, and five-year certificates of deposit had gone up merely 0.06, 0.09, and 0.07 percentage points respectively in ...

Published:  Wed, 19 Jul 2017 22:05:00 GMT



Apply now! - no faxing - High interest loans for bad credit

taxation, is a interest capital-raising the Committee and ... it 10-year average spread was -backed fair due of changed current credit other not table. offsetting take presented No. rates. and economic in generally fair the action as follows: beneficial ...

Published:  Wed, 19 Jul 2017 18:30:00 GMT



European Central Bank leaves interest rates and QE unchanged - business live

The euro has dipped following the ECB announcement, down 0.3% at $1.148 ... showed that unsecured consumer credit , such as credit cards, jumped by 10.3% in the year to May, five times as fast as the growth rate of earnings.

Published:  Thu, 20 Jul 2017 05:12:00 GMT



Why You Don't Feel Fed Rate Hikes in Your Bank Account

Interest rates for borrowers-on mortgages, auto loans, credit card debt-are mostly higher ... Even here, though, consumers have opportunities to shop around. Cards with limited-time rates of zero percent are still available to people with good ...

Published:  Wed, 19 Jul 2017 02:40:00 GMT



Beware deferred interest credit cards -- they're not 0% interest

Many consumers mistakenly believe these to be 0% interest. Here's the difference between the offers and what to look for when comparing them. Deferred interest vs. no interest Deferred-interest credit ... 0% interest card has an interest rate that changes.

Published:  Mon, 19 Jun 2017 05:35:02 GMT



How Does Credit Card Interest Work?

If you own a credit card - or if you've ever thought of applying for one - you have probably asked yourself: how does credit card interest work ... 10% interest every month, then the first month you will be charged ten dollars (100 x 0.10).

Published:  Tue, 20 Mar 2012 17:00:00 GMT



Do You Have Credit Card Debt? Here's How a Federal Reserve Rate Hike Could Affect Your Wallet

an increase in your credit card interest rate by 1%, 2%, or more could start to have a more noticeable effect on your cost of borrowing money. Matthew Frankel has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks ...

Published:  Tue, 13 Jun 2017 05:03:00 GMT



How to Calculate the True Interest Cost of a 0% Credit Card

At NerdWallet, we spend literally ... Head over to our Low Interest Credit Cards comparison tool to see our True Interest rates on cards. If you're deciding between zero-interest credit card offers, it can be difficult to know what to focus on ...

Published:  Wed, 11 Mar 2015 16:39:31 GMT



Best No Interest or 0% Credit Cards for Purchases and Balance Transfers for Oct. 2016: Part 2

That's the case when you not only need to pay off high-interest ... the 15 month 0% introductory rate is in effect. BankAmericard Cash Rewards ™ Credit Card* In addition to this card offering 0% on both purchases and balance transfers for 12 months ...

Published:  Thu, 13 Oct 2016 04:53:00 GMT



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