Are there 0% APR credit cards for 24 months with no balance transfer fee?

No, there aren’t any no interest credit cards for 24 months right now. The closest you’ll find is 0% interest for up to 21 months from account opening on both purchases and balance transfers from the Wells Fargo Reflect® Card. This card’s regular APR is 17.74% - 29.74% Variable and it charges a balance transfer fee of: 3% intro for 120 days, then up to 5% (min $5). There are several credit cards, though, with long no interest periods, either on purchases, balance transfers or both.... read full answer

Some store cards may offer no interest for 24 months or longer. But that’s deferred interest, not true 0% interest. With deferred interest, if you don’t pay off your entire balance by the end of the promotional period, you owe all the interest you would have built up over those months at the card’s regular APR. If you do pay in full by the time the 0% period ends, you don’t owe the interest.

No Interest Credit Cards for 24 Months Alternatives

So, there are a number of good alternatives to no interest credit cards for 24 months. The only catch is that you’ll need to have at least good credit to get them.

No, there aren’t any 0% interest credit cards for 36 months available right now on the market – at least among major credit card network offers. One of the longest 0% interest periods is up to 21 months from account opening, with the Wells Fargo Reflect® Card. It’s much more common to see 0% interest offers of 12 to 18 months.... read full answer

It is also worth noting that some store credit cards offer 0% interest for 36 months or even more. But they usually have a deferred interest plan. So, if you don’t pay the balance off within the 0% promotional period, interest is applied to the original balance – like it was there from the start. That means you owe all the interest you would have owed since the date of purchase. That said, if you can make a plan to pay everything back before the intro period ends, some store cards with deferred interest are decent.

Some of the Longest 0% Interest Credit Card Offers Right Now

Wells Fargo Reflect offers a 0% for up to 21 months from account opening intro APR on purchases and 0% for up to 21 months from account opening on qualifying balance transfers. The balance transfer fee is 3% intro for 120 days, then up to 5% (min $5). The card comes with a regular APR of 17.74% - 29.74% Variable.

U.S. Bank Platinum offers a 0% for 18 billing cycles intro APR on purchases and 0% for 18 billing cycles on balance transfers. There is a 3% (min $5) balance transfer fee. The card’s regular APR is 19.24% - 29.24% (V).

Citi Diamond Preferred offers a 0% for 12 months intro APR on purchases and 0% for 21 months on balance transfers. There is a 5% (min $5) balance transfer fee. The card comes with a regular APR of 17.74% - 28.49% (V).

Amazon.com Store Card offers a 0% deferred intro APR for 6 - 24 months, depending on the type and amount of the purchase. The card’s regular APR is 29.99% (V).

Credit card companies make money off of consumers paying interest, so a 0% interest credit card for 36-months is like the bigfoot of credit cards. In other words, you won’t find one now and you probably won’t in the future. You’re much more likely to see 36-month terms on personal loans, auto loans, and deferred interest.

If you need to borrow money for an extended period of time, such as 36 months, then a personal loan might be a reasonable alternative. While you won’t find a zero interest offer for 36 months on a loan, you could pay an APR as low as 6%, depending on your creditworthiness. Plus, you might even be able to get longer repayment terms.

The simplest way to avoid balance transfer fees is to apply for a credit card that waives the fee entirely. Getting a credit card with no balance transfer fee that also offers a low balance transfer APR is actually the best overall way to reduce the cost of existing debt and pay off what you owe sooner.... read full answer

Best Ways to Avoiding Balance Transfer Fees

• Find a low APR credit card with no balance transfer fee. The best credit card with no balance transfer fee is the Union Bank® Platinum™ Credit Card because it offers a $0 balance transfer fee along with a balance transfer APR of 0% for 15 months.
• Compare personal loans with no origination fee. No-fee personal loans for debt consolidation are available to people with fair credit or better, though people with bad credit scores might also be able to get one if they have a cosigner.
• Make a budget and a debt-payoff plan. The best way to avoid transfer fees is to avoid having to do a balance transfer in the first place. With that in mind, make a budget that maximizes monthly debt payments in order to pay off what you owe now as quickly as possible, then focus on keeping your spending in check to avoid racking up a big balance again in the future.

Finally, don’t rule out cards with balance transfer fees completely. If the card has a long-lasting introductory 0% balance transfer APR, it might be the option that saves you the most money overall, even considering the transfer fee. You can use WalletHub’s balance transfer calculator to help determine which option is best for you.