The Wells Fargo Platinum Visa® Card
has some of the best credit card rates right now, giving 0%
for 18 months on new purchases and 0%
for 18 months on balance transfers, with a $0 annual fee and a 3% balance transfer fee for the first 120 days. The Wells Fargo Platinum Visa does not have the lowest regular APR, at 17.74% to 27.24% Variable, depending on your creditworthiness. But in the absence of a 0% intro APR, the best credit card rate is one that never applies because you pay your bill in full every month. Regular rates are just that high, even for people with good or excellent credit.
To help you find the best credit card rates for your needs, WalletHub’s editors compared 1,000+ credit card offers based on their introductory APRs, regular rates, fees and approval requirements. You can check out the top cards in the most popular categories below.
Best Credit Card Rates of 2019
The best credit card rate is 0%, but no credit card offers that permanently. The average 0% intro rate lasts for less than 11 months
. One of the lowest ongoing credit card rates available to the general public is 10.5% (V), from the Simmons Bank Visa®
. But you might be able to get a lower rate if you belong to a particular group. For example, the Educators Credit Union Visa® Platinum Credit Card
has a regular APR as low as 7.90% (V).
Some cards also advertise a range of possible APRs, with the exact rate you get depending on your overall creditworthiness. If you’re not sure where your credit stands, you can check your latest credit score for free on WalletHub
Best Credit Card Rates Methodology
In order to identify the credit cards with the lowest interest rates, WalletHub’s editors regularly compare 1,000+ credit card offers based on the introductory rates they provide, if any, along with their regular APRs, relevant fees and approval requirements. The best credit card rates overall are typically reserved for people with good credit or excellent credit. But there are usually some good deals for people with less-established credit, too. As a result, we select the best credit card APR offers for each credit category.
This page focuses on the best credit card rates for new purchases, but standout balance transfer credit cards are also included. For the full list of WalletHub’s favorite cards for reducing the cost of existing debt, see our editors’ picks for the best balance transfer credit cards
available right now. Similarly, most of the cards on this page feature low introductory APRs, given that regular credit card APRs tend to be so high. However, our editors include offers with especially low regular APRs when available.
If you are interested in low balance transfer rates and fees, check out WalletHub’s picks for the best balance transfer credit cards
available right now.