By offering a mix of low balance transfer, intro, and regular APRs, these cards protect your debt from ballooning interest. But which card is right for you?

A low-interest credit card offers an attractive combination of low balance transfer APR, intro APR, or regular APR. If you think you might go into credit card debt, having one of these low-interest credit cards could save you hundreds, even thousands on interest payments (and a lot of stress). 

But which is best for you? Do low-interest credit cards still offer rewards? Is there a good low-interest card for small business owners or frequent travelers

Let’s investigate low-interest credit cards. 

Overview of the best low-interest credit cards

Credit cardBest for
Capital One Quicksilver Cash Rewards Credit CardBest all-rounder
Capital One VentureOne Rewards Credit CardTravel rewards
Ink Business Cash® Credit CardBusiness owners just starting out
Ink Business Preferred® Credit CardMedium business owners
Citi Rewards+® CardBalance transfers

Capital One Quicksilver Cash Rewards Credit Card

Apply Now On the Secure Website

In A Nutshell

The Capital One Quicksilver Cash Rewards Credit Card is a flat-rate cash back rewards credit card that charges no annual fee or foreign transaction fees. With a solid earning rate of 1.5% cash back and plenty of ways to redeem, it’s a good option for those seeking simplicity and savings, rather than earning as much cash back as possible.

Read review
Credit Score Requirements: Credit Score requirements are based on Money Under 30’s own research of approval rates; meeting the minimum score will give you the best chance to be approved for the credit card of your choice. If you don’t know your credit score, use our free credit score estimator tool to get a better idea of which cards you’ll qualify for. *Money Under 30 uses a FICO 8 score, which is one of many different types of credit scores. *A creditor may use a different score when deciding whether to approve you for credit.
Poor 500-599
Fair 600-699
Good 700-749
Excellent 750-850

What We Like:

  • A one-time $200 cash bonus after spending $500 in purchases within the first 3 months

  • 1.5% cash back on all purchases

  • A 0% intro APR on purchases and balance transfers for the first 15 months – after which, the ongoing APR of 17.99% – 27.99% applies; 3% fee on the amounts transferred within the first 15 months

Apply Now >>

  • Intro APR: 0% for 15 months on purchases and balance transfers.
  • Regular APR: 17.99% - 27.99% (Variable).
  • Annual fee: $0.
  • Rewards: 1.5% cash back on all purchases.

The Capital One Quicksilver Cash Rewards Credit Card is a solid all-around low-interest card, pairing generous perks and rewards with a generous 0% intro APR for 15 months

You’ll get 1.5% cash back on every purchase, every day. I like this simple rewards system for a low-interest card because it disincentivizes unnecessary spending; you’re not enticed to splurge in rotating 5% categories. Plus, Capital One piles on the perks like Extended Warranty protection, Travel Accident Insurance, and a 24/7 Concierge. 

How to use the Capital One Quicksilver Cash Rewards Credit Card for low interest

The Capital One Quicksilver Cash Rewards Credit Card offers a pretty standard (read: high) regular APR, so it’s best treated as an introductory APR card. New cardholders will earn 0% intro APR for 15 months on purchases and balance transfers (3% balance transfer fee applies). It’s the card to get if you know you’ll be making big purchases in the coming months. 

Examples might be a big move, a home renovation, or finally building that gaming battle station you’ve been envisioning since college. 

Why you might not want to use the Capital One Quicksilver Cash Rewards Credit Card

Because its regular APR is so high –17.99% - 27.99% (Variable) – the Capital One Quicksilver Cash Rewards Credit Card is not the kind of card you want to load up without a plan to pay it off. Frankly, no card is good for that purpose but this card especially isn’t. 

Plus, the Capital One Quicksilver Cash Rewards Credit Card offers no balance transfer incentive so it’s not the right card for paying off old debt. 

Learn more about the Capital One Quicksilver Cash Rewards Credit Card or read our full review

Capital One VentureOne Rewards Credit Card

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In A Nutshell

The Capital One VentureOne Rewards Credit Card has a litany of benefits including a 20,000 mile one-time bonus after spending $500 in the first 3 months, a 0% intro APR on purchases and balance transfers for 15 months (after which the standard rate of 17.99% – 27.99% Variable applies). A balance transfer fee of 3% applies to amounts transferred within the first 15 months.

Read review
Credit Score Requirements: Credit Score requirements are based on Money Under 30’s own research of approval rates; meeting the minimum score will give you the best chance to be approved for the credit card of your choice. If you don’t know your credit score, use our free credit score estimator tool to get a better idea of which cards you’ll qualify for. *Money Under 30 uses a FICO 8 score, which is one of many different types of credit scores. *A creditor may use a different score when deciding whether to approve you for credit.
  • Good/
  • Excellent
Poor 500-599
Fair 600-699
Good 700-749
Excellent 750-850

What We Like:

  • A one-time bonus of 20,000 miles after spending $500 in the first three months

  • 1.25 miles earned on every $1 spent

  • No annual fee and no foreign transaction fees

Apply Now >>

  • Intro APR: 0% for 15 months on purchases and balance transfers. A 3% fee on the amounts transferred within the first 15 months applies.
  • Regular APR:  17.99% - 27.99% (Variable).
  • Annual fee: $0.
  • Rewards: 1.25 miles per dollar spent.

The Capital One VentureOne Rewards Credit Card is the low-interest credit card for the frequent traveler. With 0% intro APR for 15 months and 1.25 miles per dollar spent, the Capital One VentureOne Rewards Credit Card helps you avoid debt on new purchases while piling up miles to spend on your next pricey flight or vacation. 

Capital One sweetens the deal with 20,000 bonus miles for spending just $500 on purchases in  first three months plus copious travel perks; you’ll get Travel Accident Insurance, Emergency Card Replacement, and a complimentary Auto Rental Collision Damage Waiver (read: free rental car insurance). 

How to use the Capital One VentureOne Rewards Credit Card for low interest

The Capital One VentureOne Rewards Credit Card is a bit unique as a travel card. It doesn’t give you 2x or 3x points on travel expenses, just 1.25x miles on all purchases. Therefore, the “strategy” is just to use it for everyday spending and ensuring you book all of your travel through Capital One for maximum point value. 

Booking flights using miles will also help you avoid interest since it’ll reduce the price of flights and keep your balance low.

Why you might not want to use the Capital One VentureOne Rewards Credit Card

Unlike its sibling above, the Capital One VentureOne Rewards Credit Card comes with a balance transfer incentive, but does have a similar regular APR. Therefore, if you’re looking to pay off old debt or plan to carry debt past the intro period, you’ll want to look elsewhere. 

Learn more about the Capital One VentureOne Rewards Credit Card or read our full review.

Ink Business Cash® Credit Card

Apply Now On the Chase US Secure Website

In A Nutshell

The Ink Business Cash® Credit Card is an excellent card for any small business.  From a big up front bonus to an all-around excellent rewards program, cardholders can cash in on rewards without the worry of an annual fee.

Read review
Credit Score Requirements: Credit Score requirements are based on Money Under 30’s own research of approval rates; meeting the minimum score will give you the best chance to be approved for the credit card of your choice. If you don’t know your credit score, use our free credit score estimator tool to get a better idea of which cards you’ll qualify for. *Money Under 30 uses a FICO 8 score, which is one of many different types of credit scores. *A creditor may use a different score when deciding whether to approve you for credit.
Poor 500-599
Fair 600-699
Good 700-749
Excellent 750-850

What We Like:

  • $900 cash back bonus after spending $6,000 in the first three months of card ownership

  • 5% cash back on the first $25,000 spent on office supplies, internet, cable and phone service purchases each account anniversary year

  • 0% intro APR for 12 months from account opening on purchases, then a variable APR of 16.24% – 22.24%.

  • Best Offer Ever: Earn $900 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening
  • Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year
  • Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year. Earn 1% cash back on all other purchases
  • With Fraud Protection your card transactions will be monitored for possible signs of fraudulent activity using real-time fraud monitoring
  • With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information
  • No Annual Fee
  • Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®
  • 0% introductory APR for 12 months on purchases
Annual Fee
$0
Regular APR
16.24% - 22.24% Variable
Intro APR
Intro APR Purchases 0% Intro APR on Purchases for 12 months , 12 months
Intro APR Balance Transfers N/A , 0 months

Apply Now >>

  • Intro APR: 0% Intro APR on Purchases for 12 months.
  • Regular APR: 16.24% - 22.24% Variable.
  • Annual fee: $0.
  • Rewards: 5x cash back on office supply stores and on internet, cable and phone services (on the first $25,000 spent in combined purchases), 2x cash back at gas stations and restaurants (on the first $25,000 spent in combined purchases), 1x back on everything else.

The Ink Business Cash® Credit Card offers a 0% Intro APR on Purchases for 12 months, a competitively low regular APR of 16.24% - 22.24% Variable, and generous cash back within certain categories. It also offers free cards for your employees, giving us a pretty clear idea of who this card is for. 

However, there are lots of low-interest cards out there for business owners, including three on this list. So what makes the Ink Business Cash® Credit Card special? 

First, it offers a whopping 5x points back on the first $25,000 spent in combined purchases on office supply stores and on internet, cable and phone services (plus 2x back on travel and restaurants, asl up to the first $25,000 spent).

Plus, its signup bonus of $900 for spending $6,000 in three months is a low threshold among business cards, making it ideal for a small business owner just getting started. 

How to use the Ink Business Cash® Credit Card for low interest

The Ink Business Cash® Credit Card is ideal for the new or established business owner who’s about to make big purchases in its 5x and 2x categories. The “strategy” here is to plan out all of your business expenses, load them up on the card in month one, and take 11 months to pay it off before interest kicks in. 

Why you might not want to use the Ink Business Cash® Credit Card Credit Card

Needless to say, if you’re not a business owner you probably won’t be interested in this card’s 5x categories. Nor are you likely to spend $7,500 in three months to score the signup bonus. 

If you are a business owner, this card only makes sense if you plan to load up on its 5x and 2x categories. If not, consider one of the Ink cards below. 

Learn more about the Ink Business Cash® Credit Card or read our full review.

Ink Business Preferred® Credit Card

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In A Nutshell

The Ink Business Preferred® Credit Card blows you away with a 100,000 point bonus after you spend $15,000 in the first three months and keeps you coming back with 3 points per dollar spent on travel and select business categories for the first $150,000 spent each account anniversary year.

Read review
Credit Score Requirements: Credit Score requirements are based on Money Under 30’s own research of approval rates; meeting the minimum score will give you the best chance to be approved for the credit card of your choice. If you don’t know your credit score, use our free credit score estimator tool to get a better idea of which cards you’ll qualify for. *Money Under 30 uses a FICO 8 score, which is one of many different types of credit scores. *A creditor may use a different score when deciding whether to approve you for credit.
Poor 500-599
Fair 600-699
Good 700-749
Excellent 750-850

What We Like:

  • 100,000 bonus points after spending $15,000 in the first three months (Worth $1,250 in travel when redeemed through Chase Ultimate Rewards®)

  • 3 points earned per $1 spent on travel and select business categories each account anniversary year

  • No foreign transaction fees

  • Earn 100k bonus points after you spend $15,000 on purchases in the first 3 months from account opening. That's $1,000 cash back or $1,250 toward travel when redeemed through Chase Ultimate Rewards®
  • Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year. Earn 1 point per $1 on all other purchases
  • With Fraud Protection your card transactions will be monitored for possible signs of fraudulent activity using real-time fraud monitoring
  • With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information
  • Redeem points for cash back, gift cards, travel and more - your points don't expire as long as your account is open
  • Points are worth 25% more when you redeem for travel through Chase Ultimate Rewards®
  • Purchase Protection covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account.
Annual Fee
$95
Regular APR
18.99% - 23.99% Variable
Intro APR
Intro APR Purchases N/A , 0 months
Intro APR Balance Transfers N/A , 0 months

Apply Now >>

  • Intro APR: N/A.
  • Regular APR: 18.99% - 23.99% Variable.
  • Annual fee: $95.
  • Rewards: 3x points on travel, shipping purchases, Internet, cable and phone services, and on advertising purchases made with social media sites and search engines (on the first $150,000 spent in combined purchases), 1x points on all purchases.

The Ink Business Preferred® Credit Card is the ideal low-interest business card for someone who spends a lot on travel, shipping, and/or online advertising. It seems perfectly positioned to help someone who’s running an online shop through eBay, Etsy, or their own site. 

That said, you’ll need to spend $15,000 in three months to earn a signup bonus of just $1,000 cash back ($1,250 in travel). 

If you run a successful online store or frequently travel, the 3x on shipping might pay for itself. 

How to use the Ink Business Preferred® Credit Card for low interest

The key to maximizing the value of your Ink Business Preferred® Credit Card is to ensure all of your business expenses within the 3x categories are charged to this card. Plus, you’ll want to redeem all or most of your points for travel to maximize their value. 

If you think you’ll come close to spending $15,000 within three months, consider frontloading a few of your annual expenses so you can cross that line and earn $1,250 in travel. 

Why you might not want to use the Ink Business Preferred® Credit Card

This card’s $95 annual fee, combined with its enormous spending requirement to earn a signup bonus, effectively shut out many small business owners with operating costs well under $5,000 monthly. If that’s you, consider one of the other two Ink cards on this list. 

Also, if you’re still trying to pay off old business debt, consider a balance transfer card instead. 

Learn more about the Ink Business Preferred® Credit Card or read our full review.

_______________________________________________________

Citi Rewards+® Card

In A Nutshell

The Citi Rewards+® Card combines a bevy of benefits to create an overall strong offering. Earn 20,000 bonus points after spending $1,500 in purchases during the first three months (redeemable for $200 in gift cards at thankyou.com). For a limited time, earn 5 ThankYou® Points per $1 spent on restaurants (up to $6,000) in the first 12 months and 1 point thereafter.

Read review
Apply Now On the Secure Website

In A Nutshell

The Citi Rewards+® Card combines a bevy of benefits to create an overall strong offering. Earn 20,000 bonus points after spending $1,500 in purchases during the first three months (redeemable for $200 in gift cards at thankyou.com). For a limited time, earn 5 ThankYou® Points per $1 spent on restaurants (up to $6,000) in the first 12 months and 1 point thereafter.

Read review
Credit Score Requirements: Credit Score requirements are based on Money Under 30’s own research of approval rates; meeting the minimum score will give you the best chance to be approved for the credit card of your choice. If you don’t know your credit score, use our free credit score estimator tool to get a better idea of which cards you’ll qualify for. *Money Under 30 uses a FICO 8 score, which is one of many different types of credit scores. *A creditor may use a different score when deciding whether to approve you for credit. ?
Poor 500-599
Fair 600-699
Good 700-749
Excellent 750-850

What We Like:

  • Earn 20,000 bonus points after you spend $1,500 in purchases with your card within 3 months of account opening

  • 0% intro APR on balance transfers and purchases for 15 months (regular APR of 17.24% – 27.24% Variable). Balance transfer fee applies.

  • Round Up to the nearest 10 points on every purchase

  • Earn 20,000 bonus points after you spend $1,500 in purchases with your card within 3 months of account opening; redeemable for $200 in gift cards at thankyou.com
  • For a limited time, earn 5 ThankYou® Points per $1 spent at restaurants up to $6,000 in the first 12 months and 1 ThankYou® Point per $1 spent thereafter.
  • 0% Intro APR on balance transfers for 15 months from date of first transfer and on purchases from date of account opening. After that, the variable APR will be 17.24% - 27.24%, based on your creditworthiness. There is an intro balance transfer fee of 3% of each transfer (minimum $5) completed within the first 4 months of account opening. After that, your fee will be 5% of each transfer (minimum $5).
  • The Citi Rewards+® Card - the only credit card that automatically rounds up to the nearest 10 points on every purchase - with no cap.
  • Earn 2X ThankYou® Points at Supermarkets and Gas Stations for the first $6,000 per year and then 1X Points thereafter. Plus, earn 1X ThankYou® Points on All Other Purchases.
Intro APR Purchases
0% intro for 15 months on Purchases
Intro Term Purchases
15 months
Intro APR Balance Transfers
0% intro for 15 months on Balance Transfers
Intro Term Balance Transfers
15 months
Regular APR
17.24% - 27.24% (Variable)
Annual Fee
$0

Apply Now >>

  • Intro APR: 0% intro for 15 months on Purchases and a 0% intro for 15 months on Balance Transfers.
  • Regular APR: 17.24% - 27.24% (Variable).
  • Annual fee: $0.
  • Rewards: Limited time offer of 5 Thankyou® Points at restaurants for the first $6,000 per year and 1x Thankyou Points on all other purchases. Automatically round up to the nearest 10 points on every purchase,

The Citi Rewards+ Card offers 0% intro for 15 months on Purchases and 0% intro for 15 months on Balance Transfers. An ongoing APR of 17.24% - 27.24% (Variable) applies thereafter. An intro balance transfer fee of 3% applies per transfer (minimum $5) when completed within the first 4 months of account opening. After that, the fee will be 5% per transfer (minimum $5). That means that you can put old debt and new debt on this card without accruing new interest for over a year (as long as you make your minimum payments).

Plus, the Citi Rewards+ Card offers rewards on top of that. Earning 2X ThankYou® Points at supermarkets and gas stations (up to $6,000 per year) will earn you a nice trickle of points on essentials, and its funky roundup system will net you a few extra bucks per month. 

How to use the Citi Rewards+® Card for low interest

The Citi Rewards+ Card is, first and foremost, a balance transfer card. Balance transfers must be completed within four months of account opening and comes with an intro balance transfer fee of 3% or $5 (whichever is greater). After that, the fee will be 5% per transfer (minimum $5).

Once you’ve transferred a balance and begun making new purchases, make 100% sure you can keep up with minimum monthly payments. 

Why you might not want to use the Citi Rewards+® Card

The Citi Rewards+ Card is an excellent balance transfer card, a good low-interest card, and a weak rewards card. Its points roundup system only amounts to a few extra bucks per month, and overall it can’t compete with low-interest rewards cards offering 1.5% on everything or 5 points within rotating categories. 

So if you don’t need to do a balance transfer, consider a more “rewarding” card. 

Learn more about the Citi Rewards+® Card

Summary of the best low-interest credit cards

That covers my top picks for low-interest credit cards. How do they stack up with each other? 

Credit cardIntro APRRegular APRAnnual fee
Capital One Quicksilver Cash Rewards Credit Card0% for 15 months on purchases and balance transfers17.99% - 27.99% (Variable)$0
Capital One VentureOne Rewards Credit Card0% for 15 months (on purchases and balance transfers) 17.99% - 27.99% (Variable)$0
Ink Business Cash® Credit Card0% Intro APR on Purchases for 12 months16.24% - 22.24% Variable$0
Ink Business Preferred® Credit CardN/A18.99% - 23.99% Variable$95
Citi Rewards+® Card0% intro for 15 months on Purchases and 0% intro for 15 months on Balance Transfers17.24% - 27.24% (Variable)$0

How I came up with this list

To create this list, I vetted several top-rated low-interest credit cards from reputable banks and financial institutions. In order to make this list, the cards had to score above average in most of the following categories.

APR

Does the card offer a long 0% introductory APR period? Is its regular APR below the industry average (~20%)? Does the card offer some sort of balance transfer incentive? Above all else, these three pillars define a solid low-interest credit card. 

Signup bonus

Does the card offer a nice cash bonus for signing up? Moreover, is the amount you need to spend within three months within reason for the card’s target market? A statement bonus for signing up is an underrated feature of a low-interest card since it helps you stave off debt and keep your balance low. 

Rewards

Does the low-interest card offer rewards at all? And if so, will they amount to serious cash back for the cardholder without having to change up regular spending habits? Like a signup bonus, cash back rewards are an important feature of a low-interest card since an extra ~$30-$50 per month can be all it takes to keep you out of debt. 

Perks

Does the low-interest card offer serious perks that can save the cardholder real money, potentially keeping them out of debt? Examples include travel insurance, auto liability damage waiver, and more. 

Customer service

Last but certainly not least, is the credit card backed by reputable and readily available customer service? A strong customer support team could pay off for a low-interest cardholder if there are ever concerns or disputes over interest rates or overdrafts. 

What is a low-interest credit card?

A low-interest credit card offers an attractive mix of low introductory APR, regular APR, and balance transfer APR: typically two out of three.

A quick recap of APR

What’s the difference between APR and interest, you ask? Well, your interest rate is just the percentage of your loan amount you’ll pay back to the lender. The APR is your interest rate plus any fees associated with your loan, still represented as a percentage. 

As a concept, APR was introduced to protect consumers from hidden fees and to simplify the loan process. 

Let’s say you open a card offering 0% APR for 12 months. This means that as long as you make your minimum payments each month, you won’t accrue interest on your balance for 12 months. 

However, once the introductory APR period is over you’ll start accruing interest at the regular rate, which is typically pretty high for credit cards (~15% – 30%). 

A quick recap of balance transfers

As the name implies, a balance transfer is when you transfer your old credit card debt onto your new card. Most cards will let you do this, but you’ll be subject to high fees and high interest on your new balance. 

Some cards, however, have begun offering 0% APR on balance transfers to help new cardholders pay off old debt. 

In summary, low-interest cards aren’t just those that offer low regular APRs – they holistically help you avoid interest by offering low balance transfer and/or intro APR, also. 

Why you should (or shouldn’t) use a low-interest credit card

You should use a low-interest credit card if…

A low-interest credit card is ideal if you’re looking to pay off future debt. 

For example, if you’re planning a big move and know you’ll be buying lots of furniture and facing unseen expenses, you might consider getting a low-interest credit card.

A low-interest card may also be a good idea if you’re looking to pay off old debt and avoid new debt. 

To illustrate, maybe you just graduated and got your first job. You’re excited for the steady income, but you have credit card debt left over from college that’s accruing interest. Plus, a big chunk of your paycheck is going to rent, student loans, and car payments, so it’ll take you a while to pay off your old card. 

In that case, a balance transfer card makes a lot of sense. 

You shouldn’t use a low-interest credit card if…

Conversely, here are three reasons you shouldn’t open a low-interest credit card. 

First, you shouldn’t see a low-interest card as a cheaper way to buy and finance things you don’t need. They’re tools for avoiding and erasing debt, not creating more. 

Second, you may not even qualify for a low-interest credit card if your credit score is below 700. Banks see low-interest rates as a “privilege” for cardholders they trust with excellent credit. 

Lastly, if you’re primarily looking to pay off your old credit card debt, a 0% APR on new purchases may not be much of an incentive to you. You’re better off checking out cards with the strongest balance transfer incentives. 

Most important features of a low-interest credit card

When browsing your options for low-interest credit cards, what kinds of features should you look for? 

Intro APR

First and foremost, you’ll want a card with a low introductory APR. The cards in this list offer 0% APR for 12 to 15 months, meaning as long as you make minimum monthly payments you won’t accrue interest on new purchases. 

Regular APR

Second, you’ll want to keep an eye on your regular APR. The cards on this list offer regular APR as low as 13.24% with qualifying credit, which is half of what many other cards offer. 

Annual fee

If you’re looking to avoid debt, you’ll want to pick a card with no annual fee (or one with a strong enough signup bonus to pay off its fee). 

Credit score required

Most cards offering low interest will require a score of 700 or higher to apply. If you need to bump up your numbers a bit, visit MU30’s guide

Signup bonus

Lastly, it’s worth noting if your card has a signup bonus. You shouldn’t overspend to reach it, but a ~$250-$750 signup bonus is a nice way to keep your balance low. 

FAQs

APR is a combination of your interest rate plus associated fees. Even so, credit card APR typically does not include a card’s annual fee (if any).
Credit card debt is a type of unsecured loan, meaning there’s no collateral for the bank to take away if you can’t pay. APR for mortgages and auto loans is much lower because there’s less risk involved. The bank owns your house or car while you’re paying them off, so if you don’t pay, they simply keep them. 
A balance transfer is when you transfer a balance of one credit card onto another. The main reason you’d initiate a balance transfer is to move your debt onto a card with lower interest, thus saving money. 
When you go into credit card debt, you’re essentially taking out a loan from your credit card’s bank. Your APR is the interest plus fees you pay on that loan, and with credit cards, it’s notoriously high.  To illustrate, taking out a 1-year, $5,000 auto loan with 5% APR will cost you $136 in interest. Paying off $5,000 in credit card debt in a year with 25% APR will cost you over $700 in interest. 

Summary

Choosing the right low-interest credit card can help you save hundreds, even thousands on both old and new interest. While there are plenty of rewards cards that offer better points and perks, it’s much more important to protect your debt from ballooning interest. 

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About the author

David Weliver
Total Articles: 285
David Weliver is the founder of Money Under 30. He's a cited authority on personal finance and the unique money issues he faced during his first two decades as an adult. He lives in Maine with his wife and two children.