Credit cards with 0 APR for 21 months used to be common, but there’s only one credit card with no interest for 21 months right now: the Citi Simplicity card. Citi Simplicity’s 21-month 0% APR is for balance transfers. That’s the longest interest-free period of any balance transfer card, but there is a transfer fee of $5 or 5%, whichever is greater. And you have to transfer your balance within four months of being approved for an account to get the 0% rate. Citi Simplicity also offers a 0% APR on purchases for 12 months. Plus, there are no late fees or penalty APRs.
There aren’t any credit cards with 0% interest for 21 months on purchases. But a few cards come close, offering 0% for the first 18 months: BankAmericard, HSBC Gold, Wells Fargo Platinum, Santander Bank Sphere.
Credit Cards with 0 APR for 21 Months:
- Citi Simplicity is the only credit card with a 0% APR for 21 months (on balance transfers). It also offers a 0% APR for 12 months on purchases.
- Citi Simplicity charges a 5% balance transfer fee and a $0 annual fee. It has no late fees and no penalty APR.
- Until 2018, Citi Diamond Preferred offered a 0% APR for 21 months as well. But it is now no longer available to new applicants.
- The longest 0% APR for new purchases on a credit card is 18 months. BankAmericard, the HSBC Gold Mastercard, the Wells Fargo Platinum Visa and the Santander Bank Sphere Credit Card are the credit cards offering no-interest on purchases for the first 18 months your account is open.
- Some store credit cards offer 0% APRs for 24, 36, 48 and even 72 months. But those aren’t normal 0% rates. If you don’t pay your full balance by the deadline, you’ll get hit with a boatload of interest charges – based on your original purchase amount, not the remaining balance.
If you transfer a balance or make purchases with a normal 0% credit card, interest will apply only to any balance that’s remaining when the 0% period ends. Still, a high rate will take over at that point. So you’ll want to make sure you don’t owe much.