To bring you the list of best 0% APR credit cards, we use an objective rating and ranking system that compares features across a large set of credit cards (over 200 of them from over 50 issuers). We use calculations to estimate the value of each card for the average cardholder, based on LendingTree and U.S. Bureau of Labor data.
- Average value over two years (90% of rating): We calculate the amount saved on interest given the length of the card’s introductory period. We assume a purchase of $1,800 and a monthly payment of $300. We subtract the card’s annual fee and interest paid on any amount remaining after the introductory period expires. We also add in the amount earned on rewards for the average cardholder, including the card’s sign-up bonus, minus the card’s annual fee. We look at the average rewards earned over two years to balance out a card’s ongoing value with its first-year value.
- Other features (10% of rating): We also compare a card’s benefits, such as purchase and travel protections, against benefits from other cards.
Note, that our ratings are a starting point for comparing and choosing the best 0% APR credit cards. However, your needs may be different from the average cardholder. You should consider the amount you’re likely to finance with a 0% offer and which benefits you value to choose the best card for you.
To see rates & fees for Blue Cash Preferred® Card from American Express please click here.