Best 0 Interest Credit Cards

If you can find an offer for a credit card 0 interest on purchases now is the time to snap it up. These introductory offers allow you to buy with your credit card without paying interest for extended periods of time. This means that you can leave your money in an account that earns interest until payoff time. It also allows you to purchase more expensive items, especially if they are on sale, without having to pay interest on them while you save up the cash. These deals are excellent ways to save a little bit of money, especially around the holidays.

Credit card 0 interest offers:

* Woolworths Everyday Money Credit Card – This card offers 55 interest free days as well as no annual fee for year one. They have a rewards system that gives you up to three points for every one dollar spent and the ability to earn a shopping card every four months. There is also a five percent cashback reward for purchases at Woolworth’s groceries and liquor for your first three months. The interest rate after 55 days is 18.74% an 5.99% for balance transfers for six months.
* BankWest Lite MasterCard - The credit card 0 interest offer on this card is also for 55 days. After 55 days the rate goes up to only 10.75% and 1.99% for balance transfers for nine months. The annual fee is $59. They also offer three additional cardholders for no extra cost and access to your account 24/7.
* Citibank Clear Card – Again, the zero interest rate last for 55 days, after that it goes up to 15.49%. There is a $65 annual fee and a 2.9% interest rate on balance transfers for six months. Account access is available on the internet or phone all day, every day.
* ANZ Low Rate MasterCard – ANZ’s offering is also for 55 days at zero interest. It rises to 12.74% after that point. The balance transfer rate is zero percent for the first six months. The annual fee is $58 and they offer three extra cards for free. This card comes with a reward system that includes an online shopping guarantee, travel deals, special event ticket purchase options, and a fraud tracking system.
* ANZ Balance Visa Card – This ANZ offering has 55 interest free days which jumps to 13.74% once those days are over. The balance transfer rate is zero percent for the first six months. Annual fee for this card is a steep $79. The rewards programme offers one point for every one dollar you pay to your balance. These points are redeemable for cash, shopping, or gift cards.
* HSBC Gold Credit Card – HSBC gives you 45 interest free days and a regular interest rate of 18.99%. The balance transfer rate is 5.99% for six months. There is no annual fee for this card. They also offer free travel insurance when you book with the card.

For those who know they will spend regularly a credit card 0 interest can save you significantly on interest charges. The trick is  to repay your debt before that rate expires so that you are getting the full benefit of your credit card.

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