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About Editor's Picks: Our editor selects credit cards based on the features the credit card offers consumers, including introductory rates, fees, long term interest rates, and its relative value compared to competing offers. While this site receives remuneration from credit card companies, our rankings strive to objectively provide consumers with relevant, unique options.

4 0% Credit Cards that Can Help You Get Out of Debt

Smart Balance Transfers provides in-depth information and insights into credit cards. While we do accept Smart Balance Transfers provides in-depth information and insights into credit cards. While we do accept compensation from credit card companies when consumers visit their websites, we have striven to provide unbiased reviews since 2007.

Cut Credit Card Interest Payments

Credit cards that feature 0% APR promotional rates on purchases and balance transfers are one of the best ways to avoid interest payments and pay down credit card debt. And while there are many cards that have these offers, four of them stand out from the crowd.

These cards offer the longest 0% rates as well as unique money saving features that can help you prevent interest costs from piling up on old purchases or prevent new interest charges on upcoming purchases for up to 18 months.

Chase Slate

The Chase Slate card is the undisputed leader when it comes to 0% APR balance transfer deals as it is the only card that charges no balance transfer fees. This works out to a savings of $30 for every $1,000 transferred compared to other 0% balance transfer offers on the market.

Slate offers 15 months of interest free financing on both new purchase and balance transfers and has no annual fee. While the 15 month 0% APR period is shorter than the 18 month period offered on two Citi cards, the balance transfer fee savings make this the best card for consumers with high rate balances.

  • Chase Slate named "Best Credit Card for Balance Transfers" two years in a row by Money Magazine
  • $0 Introductory balance transfer fee for transfers made during the first 60 days
  • 0% Introductory APR for 15 months on purchases and balance transfers
  • New Free Monthly FICO® Score and Credit Dashboard
  • No Penalty APR - Paying late won't raise your interest rate (APR). All other account pricing and terms apply
  • $0 Annual Fee
Purchases Intro
Balance Transfers Intro
Regular APR
Annual Fee
Credit Needed

0% for 15 months*

0% for 15 months*

12.99%, 17.99%, 22.99% Variable*



Citi Simplicity

The Simplicity card from Citi has the longest lasting 0% financing offer and a few other interesting features. New cardholders receive a 0% APR for 18 months on both new purchases and balance transfers. Additionally, Simplicity has no annual fee, no late fees, and no penalty interest rate.

Citi Diamond Preferred

Like the Simplicity card, the Citi Diamond Preferred card also offers 18 months of interest free financing on both new purchases and balance transfers, with the same 3% balance transfer fee. But in contrast, the Diamond Preferred card is a full featured product with benefits that include travel insurance, purchase protection, and a concierge service. There is no annual fee for this card.

Discover it

The Discover it card is the new face of the venerable card issuer’s line of products. This new card comes with a promotional financing offer that feature 18 months of interest free financing on balance transfers, but only six months of 0% APR financing on new purchases. And although there is no annual fee, there is the standard 3% balance transfer fee.

Keep in mind that after six months, the minimum balance paid will count towards the 0% APR balance transfer, not new purchases. Only the amount paid in excess of the minimum balance will be applied to the new purchases which are incurring the standard interest rate.

The short 0% rate on purchases really only impacts consumers who transfer large balances and would thus have a high minimum payment every month who also make purchases, as they’d be paying the standard purchase rate on a portion of their balances after 6 months.

However, for those who are simply using the card for balance transfers, the complications described above are a complete non-issue.

  • New! Double all the cash back you've earned at the end of your first year automatically—only for new cardmembers*
  • 5% cash back in categories that change each quarter like gas, restaurants, and more—up to the quarterly maximum when you sign up.* 1% cash back on all other purchases.
  • 0% intro APR on balance transfers for 18 months—then a variable purchase APR applies, currently 10.99% - 22.99%. A 3% fee applies to each transferred balance.
  • New Freeze It℠ on/off switch lets you prevent new purchases, cash advances & balance transfers on misplaced cards in seconds by mobile app & online.*
  • Track your recent FICO® Credit Scores for free in one easy-to-read chart on monthly statements & online.* Plus get 100% U.S.-based service.
  • No annual fee. No overlimit fee. No foreign transaction fee. No late fee on first late payment & paying late won't raise your APR.*
  • Each Discover purchase is monitored. If it's unusual, you're alerted by e-mail, phone or text and never responsible for unauthorized purchases on your Discover card.
  • *See rates, rewards, FICO® Credit Score terms & other info by clicking "Apply."
Purchases Intro
Balance Transfers Intro
Regular APR
Annual Fee
Credit Needed

0% for 6 months*

0% for 18 months*

10.99% - 22.99% Variable*


Excellent Credit

To learn more about additional 0% APR credit cards, please visit the main offer comparison section on our website here.

Editor's Note: This content is not provided by Citi. Any opinions, analyses, reviews or recommendations expressed here are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by the Citi or any of the other companies whose products are featured in this content.

About the author

Jason Steele

Jason Steele is a freelance journalist specializing in personal finance and travel and is recognized as an expert in credit cards. He is a regular contributor to many of the top personal finance sites such as Wise Bread and Money Talks News. His work has been frequently carried on mainstream news outlets such as MSN Money, Yahoo, Finance, and Business insider.

Jason lives in Denver Colorado with his wife and two daughters.

– has written 431 posts.

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