Lisa Cahill, Credit Cards Moderator
Yes, the JCPenney Credit Card has an introductory APR of 0% for 18 months on certain purchases. It's important to pay off the entire balance before the promotional rate expires, though, because the regular APR will apply retroactively from the purchase date if any balance remains after the 0% APR period ends. This is called deferred interest, and it can be quite costly.
Keep in mind that even though you don't pay interest during 0% APR periods, you still must make timely minimum payments each month. You should also consider paying more than the minimum, so that the deferred interest never kicks in. For help planning your payments, try out WalletHub's Credit Card Calculator.
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