Chase credit card interest rates can be as low as 0% for as long as 15 months. The best Chase credit cards with 0% interest rates are Chase Freedom Flex℠ and Chase Freedom Unlimited®, offering 0% for 15 months on purchases and balance transfers. They also come with $0 annual fees.
Regular, ongoing Chase credit card interest rates can be as low as 13.99% (V) or as high as 24.49% (V), depending on the card and the applicant’s credit standing.
13.99% - 19.99% (V) (depending on creditworthiness)
Chase has a whole load of credit cards co-branded with various companies as well, too many to list. But the Chase credit card interest rates for the co-branded cards don’t differ too wildly from the other cards. The lowest rate among them is 0% for 6 months on purchases for the Disney Premier Credit Card. Once the introductory period is over, remaining balances will be subject to the card's regular APR of 14.74% - 23.74% (V) (depending on creditworthiness).
When shopping for a Chase credit card, don’t just look at the regular APR and intro APR. Make sure you also take into account other interest rates and costs, like those associated with cash advances or late payments.
A good interest rate on a credit card is anything below 14%. That is roughly the average regular interest rate on credit cards for people with excellent credit. Even a relatively good interest rate on credit cards for people with lower scores is not all that low. For example, credit card users with good or fair credit could pay interest at an annual rate of 20%+ and still have a below-average APR. Better-than-average for a credit card overall isn’t much below 20%, either. That’s why the best interest rate on a credit card is 0%.… read full answer
How to Get a Good Interest Rate on a Credit Card
There are three ways to get the best possible credit card interest rate.
For starters, lots of credit cards offer 0% APR periods as introductory perks for new customers. They can be a great help to people looking to finance a large purchase or transfer a debt to pay it off faster. But those intro periods are always temporary. Most (but not all) 0% APR credit cards require good credit or better, too.
The second way to avoid credit card interest altogether is to pay your full statement balance by the due date every billing period. Setting up automatic monthly bill payments from a bank account can be a big help with that. You can also try the “Island Approach”, which is a method of using multiple credit cards for different expenses. For example, you could use your lowest-rate card—maybe even a card with a 0% APR period—for things you’ll need to pay off over a period of time, and a rewards card for everyday purchases that you pay off every month. That way, you wouldn’t pay interest at all, no matter what rate you have on the rewards card.
Ultimately, there is also a number of things you can do to raise your credit score and, in turn, get a better shot at a good interest rate on your next credit card. Because if a low credit card APR is your objective, it truly pays to have an “excellent” credit score of 750 or higher.
The Chase Freedom Flex intro APR is 0% for 15 months on purchases and balance transfers, with a regular APR of 15.74% - 24.49% (V) after that. Chase Freedom Flex’s ongoing APR is a range because different people get different rates, depending on how “creditworthy” Chase thinks they are. The better an applicant’s credit and income are, the lower their APR is likely to be. The “(V)” at the end of the APR range stands for “variable” and means that the APR can change based on the economy.… read full answer
Chase Freedom Flex has one other APR you should know about. The cash advance APR, for when you use your card to get money from an ATM or bank teller, is 25.74% (V) and the cash advance fee is: Either $10 or 5% of the amount of each transaction, whichever is greater.
You should note that unlike regular purchases, which have a grace period, cash advances start accruing interest right away. The same is true for balance transfers, which accrue interest at the card’s regular APR. Fortunately, Chase Freedom Flex does not charge a penalty APR for being delinquent on payments. But it’s best to always pay on time anyway so you don’t hurt your credit score.
WalletHub Answers is a free service that helps consumers access financial information. Information on WalletHub Answers is provided “as is” and should not be considered financial, legal or investment advice. WalletHub is not a financial advisor, law firm, “lawyer referral service,” or a substitute for a financial advisor, attorney, or law firm. You may want to hire a professional before making any decision. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted. The helpfulness of a financial advisor's answer is not indicative of future advisor performance.
WalletHub members have a wealth of knowledge to share, and we encourage everyone to do so while respecting our content guidelines. This question was posted by WalletHub.
Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not a financial institution’s responsibility to ensure all posts and questions are answered.
Ad Disclosure: Certain offers that appear on this site originate from paying advertisers, and this will be noted on an offer’s details page using the designation "Sponsored", where applicable. Advertising may impact how and where products appear on this site (including, for example, the order in which they appear). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.