What is the longest 0% APR credit card with rewards?

This question is about Rewards Credit Cards

Paul Kessler, CFP

@bikercarder 10/05/20 This answer was first published on 04/13/18 and it was last updated on 10/05/20.For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

Permalink Report

The best 0% APR rewards card is Amex Cash Magnet. It gives an intro APR of 0% for 15 months on purchases, followed by a regular 13.99% to 23.99% (V) APR.

Amex Cash Magnet Rewards

Earn a $150 statement credit after you spend $1,000 or more in purchases with your new Card within the first 3 months of Card Membership.
Unlimited 1.5% Cash Back on your purchases.
Amex Offers rewards you at places you like to shop, dine, travel, and more. You can add as many Offers as you’d like to your Card, then just use that Card to pay, and enjoy rewards directly on your statement.
Cash Back is received in the form of Reward Dollars that can be redeemed for statement credits.

Amex Cash Magnet Fees

Annual Fee: $0

Max Late Fee: $40

This is a great card especially considering that rewards credit cards tend not to offer long 0% periods and 0% cards lack in the rewards department.

Most of the time, though, I would highly recommend to keep separate cards for separate purchases. You can get both a rewards credit card and a 0% card to focus on earning for one and financing for the other.

Some other great options would be:

• Chase Freedom Unlimited

• Capital One SavorOne Cash Rewards Credit Card

• Blue Cash Everyday Card from American Express

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. 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.

Ask a Question

140

Ask Question

WalletHub Transparency

We are committed to being fully transparent with our readers. Opinions expressed here are the author’s and/or WalletHub editors'. WalletHub editorial content on this page is not provided, commissioned, reviewed, approved or otherwise endorsed by any company. In addition, it is not any company’s responsibility to ensure all questions are answered.