Best Low Interest Credit Card for 2018 award seal

If you’re the forgetful type who tends to run late on payments...or, if you’re carrying a balance on your credit card right now…

Then saving on interest every month is worth checking into.

Because with the right card, you could save hundreds (or even thousands depending on your credit card balance) a year.

They’re rare, but some low interest credit cards can offer interest rates under 5% for people with top notch credit...

That’s 15% less than the typical credit card these days!

What’s that in real dollars? Well if you carry a balance of $8,000 for a full year, that’s $1,200 in interest savings. Every. Single. Year.

These savings could help you pay down your credit card balance much faster - and is sure to give you extra breathing room every month.

Also, just because you are on a quest for a credit card with the lowest interest rate possible, doesn’t mean you need to sacrifice rewards, perks, and insurance while you’re at it.

For example, take the , which gives you:

  • An introductory rate of 1.99% on balance transfers for the first 10 months.
  • A lower interest rate of 14.99% on purchases and 16.99% on balance transfers.
  • 7 types of insurance including extended warranty and rental car accident.

Use a low interest credit card to pay off your balance faster.

And remember spending more and going in debt is never worth the points.

Plus a $150 travel bonus.
Offer ends December 21, 2018.

Compare Low Interest Credit Cards

The creditcardGenius algorithm calculates an estimated dollar value for all rewards and bonuses by using a typical point value a person can realistically achieve by redeeming their rewards in a reasonably optimized way. The "Welcome Bonus" is the dollar value obtained by combining of all one-time bonuses available to new cardholders within the first year. To qualify for the full bonus you may need to make purchases, meet minimum spending requirements, or complete special actions. Terms and conditions apply.

Featured In

The Globe and Mail