topic Re: Longest Introductory 0% APR Credit Card in Credit Cards

Longest Introductory 0% APR Credit Card

Anonymous — Thu, 06 Nov 2014 01:09:02 GMT

Just out of curiosity, what is the longest 0% intro APR fee you have ever seen on a credit card? I think Discover has one out now for 14 months. Have you noticed credit card companies giving longer 0% intro apr rates in times of an economic downspin? What were the intro apr rates back in 2008 and 2009, if you can remember?

Re: Longest Introductory 0% APR Credit Card

Anonymous — Thu, 06 Nov 2014 01:12:35 GMT

My Doublecash card has 18 months of 0%. I think my discover was only 6 months back in 2008 but I can't be sure.

Re: Longest Introductory 0% APR Credit Card

Membersince2013 — Thu, 06 Nov 2014 01:36:30 GMT

24 months 0% APR on Barclaycard Rewards Mastercard from last year. It expires next year lol. I found the offer through credit karma.

Re: Longest Introductory 0% APR Credit Card

whodatnation2 — Thu, 06 Nov 2014 01:43:20 GMT

Is the 0% interest good for the entire period? So for example can I carry a balance for 18 months on a 0% APR and not pay interest??

Re: Longest Introductory 0% APR Credit Card

Anonymous — Thu, 06 Nov 2014 02:00:47 GMT

Chase freedom and chase slate has an intro of 0% for 15 months

Re: Longest Introductory 0% APR Credit Card

Anonymous — Thu, 06 Nov 2014 02:14:09 GMT

@Membersince2013 wrote:
24 months 0% APR on Barclaycard Rewards Mastercard from last year. It expires next year lol. I found the offer through credit karma.

Lucky you! The wife only got 6mos.

Speaking of which, I need to kill the balance on that after the 6th statement cuts.

Re: Longest Introductory 0% APR Credit Card

tcbofade — Thu, 06 Nov 2014 02:20:58 GMT

DW got 18 months zero percent from Citi Simplicity.

Re: Longest Introductory 0% APR Credit Card

Anonymous — Thu, 06 Nov 2014 02:23:24 GMT

Membersince2013 wrote:
24 months 0% APR on Barclaycard Rewards Mastercard from last year. It expires next year lol. I found the offer through credit karma.

Wooooow!!! Great Stuff!!

Re: Longest Introductory 0% APR Credit Card

Creditaddict — Thu, 06 Nov 2014 04:20:45 GMT

BofA offered 19 months to my partner and the lady specifically said it was to beat Citi!

but advertised to new card applicants I think Citi for 18... some of the less prominent cards like Santander or Penfed have longer fixed rates but for 0% I think Citi.

Re: Longest Introductory 0% APR Credit Card

Anonymous — Thu, 06 Nov 2014 04:27:29 GMT

Bank of Hawaii offers a Visa Signature and American Express card with 0% APR for 18 months.

Re: Longest Introductory 0% APR Credit Card

Anonymous — Thu, 06 Nov 2014 04:28:18 GMT

@Creditaddict wrote:
BofA offered 19 months to my partner and the lady specifically said it was to beat Citi!
but advertised to new card applicants I think Citi for 18... some of the less prominent cards like Santander or Penfed have longer fixed rates but for 0% I think Citi.

Wow...that's nearly 2 yrs interest free. Gonna put this card on my list for next year if they are still offering it by then.

Re: Longest Introductory 0% APR Credit Card

Anonymous — Thu, 06 Nov 2014 04:43:30 GMT

littlegreeny wrote:
Bank of Hawaii offers a Visa Signature and American Express card with 0% APR for 18 months.

Hmmm and I thouhgt the AMEX BCE was the highest intro with 15 months for AMEX....thanks for the feedback

Re: Longest Introductory 0% APR Credit Card

Ghoshida — Thu, 06 Nov 2014 04:44:27 GMT

@whodatnation2 wrote:
Is the 0% interest good for the entire period? So for example can I carry a balance for 18 months on a 0% APR and not pay interest??

Yes, as long as you pay the minimum payment due by each due date, and make sure to pay the full balance including all new purchases before the intro promo gets over.

But also remember that carrying balance, whether or not 0%, may be looked upon unfavorably by other prospective lenders.

Re: Longest Introductory 0% APR Credit Card

Anonymous — Thu, 06 Nov 2014 04:47:31 GMT

@Anonymous wrote:
@Anonymous wrote:
Bank of Hawaii offers a Visa Signature and American Express card with 0% APR for 18 months.
Hmmm and I thouhgt the AMEX BCE was the highest intro with 15 months for AMEX....thanks for the feedback

ED also gave me 15mos interest free

SM, 15mos interest free BT's...With a $1,500 limit? Yeah right. I'm at nearly double that for the month on the CSP!

Re: Longest Introductory 0% APR Credit Card

tcbofade — Thu, 06 Nov 2014 12:35:08 GMT

@Ghoshida wrote:
@whodatnation2 wrote:
Is the 0% interest good for the entire period? So for example can I carry a balance for 18 months on a 0% APR and not pay interest??

Yes, as long as you pay the minimum payment due by each due date, and make sure to pay the full balance including all new purchases before the intro promo gets over.

But also remember that carrying balance, whether or not 0%, may be looked upon unfavorably by other prospective lenders.

....and if we're discussing Bank of America, carrying a balance at zero percent may be looked upon unfavorably by the lender that gave you the card.

...just sayin....

Re: Longest Introductory 0% APR Credit Card

Ghoshida — Thu, 06 Nov 2014 12:41:16 GMT

@tcbofade wrote:
@Ghoshida wrote:
@whodatnation2 wrote:
Is the 0% interest good for the entire period? So for example can I carry a balance for 18 months on a 0% APR and not pay interest??

Yes, as long as you pay the minimum payment due by each due date, and make sure to pay the full balance including all new purchases before the intro promo gets over.

But also remember that carrying balance, whether or not 0%, may be looked upon unfavorably by other prospective lenders.
....and if we're discussing Bank of America, carrying a balance at zero percent may be looked upon unfavorably by the lender that gave you the card.

...just sayin....

BoA needs to put its act together.

Why offer a card like that anyway?

Personally I didn't find any of their offers interesting apart from the BBR.

Re: Longest Introductory 0% APR Credit Card

Anonymous — Thu, 06 Nov 2014 18:27:43 GMT

@Creditaddict wrote:
BofA offered 19 months to my partner and the lady specifically said it was to beat Citi!
but advertised to new card applicants I think Citi for 18... some of the less prominent cards like Santander or Penfed have longer fixed rates but for 0% I think Citi.

PenFed is offering 4.99% interest for BTs for 48 months on select cards.

Even after 48 months, interest is only 9.9%

Two of their cards, the Defender Amex and the Promise Visa cards have no BT fee, ever.