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0% APR credit cards don’t charge an interest rate. Still, there are different types of such cards. Sometimes 0% APR refers to small purchases during certain time period. Sometimes 0% APR refers to operations of transferring money from one card to another. Other cards offer 0% APR for all kinds of financial operation during a specific period (trial period, so to say).

0% APR cards are especially good for people, who often deal with transferring funds and high interest for these operations.

What to pay first: credit cards or personal loans? Let’s find out until it’s too late.

After a “trial period” ends, such cards offer even higher interest rate for larger balances than simple cards. That’s why it’s important to look for cards with larger 0% APR periods (at least a year).

Still, don’t be attracted with the tempting perspectives. Once the introductory period ends, the interest rate and fees become extremely high. Furthermore, the fees for the late payments (even two days later) can be substantially higher comparing to simple cards.

So, it’s important to understand all pros and cons and dangers of the 0% APR credit cards in order to not fall into a trap! Furthermore, avoid suspicious companies and lenders as they can play with you a game with a bad final!