0% APR Rewards Credit Cards

Given that 0% rewards credit cards allow you to earn points, miles or cash back on each dollar that you charge and do not assess finance charges when you don’t pay your bill in full du… show morering the first few months of card membership, they can be quite lucrative. However, 0% interest rewards credit cards (some of which are issued by WalletHub partners) can also be dangerous. The lack of accountability that comes with not initially having finances charges combined with the allure of rewards can certainly lead to overspending. As a result, you must make sure to be especially cautious when using these types of cards. There are two different general strategies that you can apply to 0% APR rewards credit card use. First, if you have the money to pay for your purchases in full, you can deposit these funds into a bank account each month, rather than giving them to your… show more credit card company. This will allow you to effectively earn both earn rewards and interest on your spending. When the 0% intro term ends, you can simply withdraw your money from the bank account and pay off your balance. Alternatively, if you are opening a 0% card with rewards because you don't have the cash to pay off specific purchases before the end of the month, you can use a credit card payoff calculator to double check that you will be able to pay down the majority of their cost before the intro period ends and high regular rates take effect. Check out the credit offers below to find the card that best suits your needs.