There’s never a time when we’re not looking for ways to shave expenses. Whether it’s clipping coupons, shopping when the sales hit or paying cash, there’s always a way to save a little of our hard earned money.
Credit card companies also offer consumers ways to save a little green, too – provided you approach it with the right mindset. This week, and as we head into what promises to be a busy holiday season, we’re taking a look at credit card offers that have no interest, which is the ultimate way of saving money when using credit.
American Express Premier Rewards Gold Card
The AMEX logo is synonymous with zero interest. By paying the balance in full each month, you not only never pay any finance charges, but you also avoid additional fees. This is the classic charge card with many perks and benefits. Spend $1,000 during your first three months and earn 15,000 additional Membership Rewards. Not only that, but you’re also earning triple points anytime you use your American Express for gas and groceries. Becoming a member means you gain exclusive access to an impressive number of events and destinations, including major sporting events. The $175 annual fee is waived the first year, too.
This 0% APR dynamic is for the life of the card, but there are other offers that traditionally have an APR, though offer intro 0% interest for 6 months, 12 months or longer.
Discover More Card
We wanted to include this offer since by the time the holidays come back around in 2012, you’ll still be enjoying the intro 0% APR. This offer extends the interest free savings for fifteen months, all the while, you’re enjoying many cash back opportunities every time you use your Discover. The rotating categories allow you to earn an additional 5% cash back year round. From home improvement warehouses to restaurants, every time your Discover More Card is used, you’re racking up big savings.
The zero fraud liability perk keeps you safe at home and while you’re traveling and you’ll never pay an annual fee. Remember, too, Discover has consistently ranked #1 in customer satisfaction and this is a great time see why. Apply now for an instant decision.
Slate from MasterCard
Still another offer with 15 months of 0% APR, the Slate from MasterCard has the amenities we’re all drawn to: no annual fee, the option to transfer balances from other high interest cards and Blueprint, which helps you pay down balances faster, thereby saving even more money on interest after the intro APR expires. Naturally, paying your balance each month ensures you never pay interest, but if you want to spread payments out, Blueprint helps you manage your goals so that you can easily achieve them while also providing detailed graphs on how much interest you’re charged throughout the process.
Prepaid cards are another way consumers are foregoing the interest rates on their credit cards. These are safer than carrying cash and often come with no shortage of their own perks.
You’re guaranteed approval with this card, along with free online bill pay, direct deposit and a program designed to help you build or rebuild your credit. With no worries about overdraft fees or finance charges, you can get back to the business of living your life. You preload cash, thereby ensuring you always know what your credit limit is. You only need $10 to open the account plus a $9.95 application fee. Debit fees are minimal and you can always access your account free by using the automated phone system or by logging into your account.
This has been the first choice for many consumers for several years. The absence of fees makes it ideal for most and the lack of convoluted fee structures adds to its attraction. No annual fees, no interest charges and the ease of use are just a few of the many reasons consumers are turning to the WalMart prepaid MasterCard. You also earn 1% cash back whenever you use the card for gas purchases and reloading the card is stress free, too. Use your MoneyCard anywhere MasterCard is accepted.
Now that you know there are ways to avoid finance charges, any of these offers are easy to apply for; in fact, you can apply online for fast decisions.