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The U.S. Bank Visa® Platinum Card offers a 21-month 0% intro APR period on purchases and balances. However, like the Slate Edge, this card doesn’t provide rewards.
A 0% intro APR credit card can be a useful way to pay for large purchases or consolidate high-interest credit card debt, acting like a no-interest short-term loan if used responsibly.
A 0% APR credit card offers a promotional period where you won’t be charged interest on purchases, balance transfers, or both. ... Debt Consolidation: These cards make it easy to consolidate ...
Balance transfer credit cards: You can move your debt to a card offering a 0% APR introductory rate for interest-free payments during the promotional period. Just remember to factor in transfer ...
For example, if you transfer $6,000 in credit card debt to a card offering 0% intro APR for 18 months, you could pay off the full amount by making $333 monthly payments with no added interest charges.
A debt consolidation loan is best for when you have unsecured debt that you can’t pay off within a year — such as credit cards and high-interest personal loans. Loan amounts can range from ...
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