Yes, Chase Freedom Flex does have an intro 0% APR for the first 15 months of account opening, on both purchases and balance transfers. Each balance transfer is subject to a balance transfer fee: either $5 or 3% of the amount of each transfer, whichever is greater in the first 60 days (5%, min $5 after). Once this intro period expires, any remaining balance on the Chase Freedom Flex card will be subject to the regular APR of 17.99% - 26.74% (V).
Since the average 0% intro APR for new purchases lasts 12 months, the Chase Freedom Flex offer is above average.
It’s important to remember that even though you don’t pay interest during 0% APR periods, you still must make timely minimum payments each month. For help planning your payments, try out WalletHub’s Credit Card Calculator.
The Chase Freedom Flex APR is 17.99% - 26.74% (V), with the actual rate depending on factors such as your income, credit history, and existing debt. Chase Freedom Flex also has an intro APR of 0% for 15 months on purchases and balance transfers. 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
Other Chase Freedom Flex APRs
Cash advance APR: The cash advance APR, for when you use your card to get money from an ATM or bank teller, is 27.99% (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.
Balance transfer APR: Balance transfers made to the Chase Freedom Flex accrue interest at the card’s regular APR (17.99% - 26.74% (V)). There is also a balance transfer fee: either $5 or 3% of the amount of each transfer, whichever is greater in the first 60 days (5%, min $5 after).
Grace period doesn’t apply to balance transfers either, as they also start accruing interest right away.
Penalty APR: Chase Freedom Flex also charges a penalty APR for being delinquent on payments. This APR is up to 29.99%.
Interest is extremely expensive, for one thing. Plus, it can quickly become unmanageable. So, paying off what you charge to a credit card every month is the best way to avoid interest and hurting your credit score.
No, the Chase Sapphire Preferred credit card does not have a 0% APR offer for either purchases or balance transfers. Chase Sapphire Preferred is more suited for frequent travelers. It has a $0 foreign transaction fee. And it offers 5 points / $1 on travel purchases (booked through Chase Ultimate Rewards).
If you’re planning on making a large upcoming purchase and you intend on carrying a balance, you should get a … read full answer0% APR credit card. Just keep in mind that most of these credit cards require at least good credit for approval. If you’d like to know where you stand, you can check your credit score for free, right here on WalletHub.
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