Home SHOPPING The Best 0% APR Credit Cards for January 2021

The Best 0% APR Credit Cards for January 2021

By Mark Jackson
on January 06, 2021

During difficult times, you may find yourself needing some time to pay off essential purchases. One way to reward your spending is seeking out lucrative signup bonuses that reward you with cash back. These are great, but sometimes, the best deals are less flashy. A long period of 0% APR and/or the promise of fee-free balance transfers might be able to provide your family with more financial freedom during times of trouble. These offers are some of the best on the market, and here’s why.

Capital One® Quicksilver® Cash Rewards Credit Card: Best Combo Card


The Capital One® Quicksilver® Cash Rewards Credit Card is our pick for the best overall balance transfer card. There’s a one-time $200 cash bonus after you spend $500 on purchases within 3 months from account opening, which can cover all or part of the 3% balance transfer fee. There’s a 0% intro APR on balance transfers for 15 months; 15.49%-25.49% variable APR after that; 3% fee on the amounts transferred within the first 15 months. Compare this card to others and you’ll see it’s the clear winner.


Chase Freedom Unlimited: 1.5% cash back

The Chase Freedom Unlimited Card offers 1.5% cash back on every purchase, and those purchases will be under a 0% APR period for the first 15 months of card membership. New to the card is the ability to earn 5% back on all travel purchased through Chase, 3% on dining at restaurants and drugstores, and 1.5% on all other purchases. In addition, earn 5% cash back on grocery store purchases (not including Target or Walmart purchases) on up to $12,000 spent in the first year. There’s also a $200 sign up bonus when you spend $500 in three months, and no annual fee. One great aspect of this card that I love is if you have an Ultimate Rewards credit card like the Chase Sapphire Preferred or Reserve or Ink cards, you can convert your cash back into points at a 1 cent to 1 point ratio, doubling your spending return based on our valuation.

Citi Rewards+ Card


The Citi Rewards+ card is interesting, in that it automatically rounds up to the nearest 10 points for every purchase, meaning a $1 purchase would earn 10 points! Additionally, the card has a 15,000 Citi ThankYou Point bonus for spending $1,000 in the first 3 months. There’s a 0% APR period of 15 months with this card for balance transfers and purchases, though balance transfers have a $5/3% fee (whichever is greater).

Capital One® SavorOne® Cash Rewards Credit Card


The Capital One SavorOne Cash Rewards card has a 15 month 0% APR period for purchases and balance transfers, as well as 3% cash back on on dining and entertainment, 2% at grocery stores, and 1% for everything else. There’s also a $200 bonus for spending $500 in the first 3 months. Compare this card to others at CardRatings.


Citi Double Cash Card: 18 months of 0% APR

The Citi Double Cash Card not only offers 18 months of 0% APR for purchases, but it’s one of the most rewarding cash back credit cards on the market. It offers cardholders 1% cash back on all purchases, plus an extra 1% cash back when you pay your bill. And, with no penalty APRs or late fees, this is a very consumer-friendly credit card.

Chase Freedom Flex℠: Up to 5% Cash Back


Like its brother above, the Chase Freedom Flex℠ Card card also has 15 months of 0% APR on purchases and balance transfers, but has a rotating list of 5% cash back categories that change each quarter and 5% on travel purchased through Chase, 3% on dining at restaurants and drugstores, and 1% on all other purchases. If you have a Chase Sapphire Preferred or Reserve Card, you can increase your bonus by transferring your cash back into Ultimate Rewards points at a 1 cent per point ratio, which you can use for transferring to travel partners like Hyatt and United. There’s no annual fee.

What is your favorite 0% APR card currently on the market? Let us know in the comments!

Responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.

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