As summer begins, credit card companies continue to offer the longest 0% APR credit card promotions in recent history. Last summer, most 0% credit card offers lasted 12 months or less. This year, a number of companies are offering 0% interest rates on purchases and balance transfers for as long as 21 months.
Whether or not these superlative offers will survive the summer remains to be seen. Some credit card companies have already begun shortening the length of 0% APR deals and others may follow suit. However, consumers looking for low rate cards today have significantly better options than they’ve had in more than five years.
Here’s a rundown of the top offers:
The Citibank Platinum Card leads the pack amongst low rate credit cards with an industry leading 0% APR on balance transfers and purchases that lasts 21 months. Cit
Chase recently sweetened the sign-up bonus on the United Airlines Mileage Plus Visa, adding a $50 statement credit for new applicants who make a single purchase with the United credit card. This new perk comes in addition to the 25,000 United Mileage Plus bonus miles awarded after a single purchase and the 5,000 miles granted if an authorized user is added to a card-holder’s account. The 25,000 mile bonus is enough to acquire one round-trip saver award ticket to anywhere in the Continental U.S. Add in the $50 cash back bonus, and this newly revamped United credit card offer also covers the cost of checked baggage for one flight.