0 APR Credit Cards -- Choosing Right Will Save You Money

Most credit card programs include introductory 0% interest rate credit cards, also known as 0 APR Credit Cards, issued by leading banks and financial organizations, like JP Morgan Chase, Citibank, American Express, and Discover just to name a few. Most 0 APR Credit Cards are created as an incentive for attracting new customers, particularly those with good credit standing. (Note: For those of you who might have poor credit or limited credit histories, it's likely you will not qualify for the 0% interest rate offers.) Most of the 0 APR Credit Card offers last for 6-12 months, after which competitive, low interest rates are applicable, depending on the terms and conditions of the individual credit card company.

As interest rates have risen, 0% interest rate balance transfers are a particularly good deal. If you transfer an existing credit card balance from a card where you're paying interest to another where the rate is 0%, you can save a ton of money – potentially thousands of dollars! So if you're like many Americans and you have an existing credit card balance on one card or another, a 0 APR Credit Card offers an incredible opportunity to streamline your balance. For optimal savings, we recommend transferring the existing balance to a 0 APR Credit Card and then paying off the balance by the time the introductory period expires.

Additionally, some cards offer even more finance sense and give you 0% APR on both purchases and balance transfer for an introductory period. Discover Card and American Express also offers 0 APR Credit Cards with higher lines of credit, along with platinum benefits. Moreover, they provide extra perks to cardholders, like advanced customer service and fraud protection. Some 0 APR Credit Cards from American Express include Blue from American Express (15 months of 0% on new purchases), and also the Blue Cash card from American Express. Discover has a 0% Intro APR for up to 12 months on several cards as well. These 0 APR Credit Cards can be a good choice for the individuals who have excellent credit and are seeking a credit card with cash back rewards. Transfer your balances to 0 APR Credit Cards, many with low interest rates after the intro period.

To make a decision on a 0 APR credit card, you need to compare the following:

• The introductory period for which the 0 APR runs

• The regular APR after the introductory period ends

• What are the annual fees applied to the card

• If you are able to transfer balances, and

• The type of credit rating you need to apply for and receive a 0 APR credit card.

For More Information and to Compare 0 APR Credit Cards visit: www.0-apr-creditcards.com

By Gerard Heitz