What is a 0% APR credit card?

A zero-percent or 0% APR credit card is simply a credit card that offers an introductory interest rate of 0% for a period of time after you open the account. The intro period can be as short as a few months or as long as two years. These cards are sometimes referred to as "interest-free" or "no interest," but they do in fact have an interest rate.

What is a 0% intro Apr credit card?

A 0% intro APR credit card is a card that does not charge interest on purchases, balance transfers, or both types of transactions for a certain number of months after you open your account. The average 0% credit card offer gives you 11 months without interest on purchases and 13 months without interest on balance transfers.

How long does a 0% APR credit card last?

The best 0% APR credit cards on the market currently give 15-21 months without interest. The average 0% APR intro period is about 11 months for cards offering 0% on purchases, according to WalletHub's Credit Card Landscape Report, and around 13 months for the average card with 0% on transfers.