Credit Cards with Low Interest Rates

As much as we’d love to pay all of our credit card balances in full, sometimes that’s just not possible.  Credit cards offer purchase protection on large purchases and finding a credit card with a low interest rate is a necessity if you choose to finance a purchase with a credit card.  Some cards can draw consumers with high rewards or amenities but a low-interest credit card saves you the most money in the long-run.

Sadly, the days of sub 5.00% APR’s are gone but if you look hard enough, you can still find good low interest rate credit cards. We’ve compiled a list of the best low interest rate credit cards below and if you own a card you feel deserves on the list, let us know and we’ll add it.

Best Low Interest Credit Cards

Simmons First Visa® Platinum – If you thought the PenFed Promise Visa Card was boring, then allow me to introduce you to the Simmons First Visa® Platinum. This card offers cardholders a very very low 7.25% APR. The Simmons First Visa® Platinum does not have a rewards program or introductory offer so it’s best and only feature is the low APR. Last but not least, this card carries no annual fee.

Citi® Dividend Platinum Select® Visa® Card. – With the Citi® Dividend Platinum Select® Visa® Card – $100 Cash Back, you’ll find a 12.99% – 22.99% variable APR, depending on the applicant’s credit history. A 0% intro APR on balance transfers and purchases for 12 months is included with this card and it also comes with a great rewards program. 5% cash back is earned on rotating categories throughout the year (with enrollment) and 1% cash back is earned on all other purchases. The Citi® Dividend Platinum Select® Visa® Card – $100 Cash Back has No Annual Fee* and features $100 cash back after $500 in purchases within the first 3 months of account opening.