Best Card For Balance Transfer Without Fees

Best Low Interest Credit Cards in 2011 (Top 3) | Bank Vibe

We’ve managed to scrape together the best low interest credit cards we’ve seen available so far in 2011. When skimming through our top 3 offers, you’ll probably notice that most APRs are relatively high when compared to the standard 7-8% range we were once seeing a few years back. Unfortunately those types of APRs are all but history, instead card issuers are now offering 0% intro APR periods (sometimes for up to 2 years) and then establishing an standard APR of anywhere from 10-25% depending on your credit history. Check out the best balance transfer credit card offers of 2011 to see more 0% intro APR offers.

Before applying for any card, we would highly recommend checking out credit card offers from your local credit union. If you’ve been a member of a credit union for a long time and are in good credit standing with them, they can sometimes issue you a credit card with a very low APR. However, you may also want to keep in mind that the trade-off with low interest credit cards from credit unions is that they generally lack any rewards structure at all.

Below is our top 3 low interest cards of 2011, if you feel we are missing a significant offer, please share by leaving a comment. We will adjust these rankings according to your feedback!

(If you’d like to see more than 3 offers in this category visit our low interest credit card section .)

1) Citi® Platinum Select® MasterCard® – This card comes with an intro 0% APR period of 21 months for both balance transfers and new purchases. After this a regular APR of between 11.99% and 20.99% will be established based on your credit worthiness. You’ll also get a decent rewards structure with this card featuring discounts on gift cards, travel, merchandise, etc. Some other noteworthy features are free identity theft solutions, secure online management functionality and no annual fee(s).

2) Discover® More Card – Long Duration Balance Transfer – This card was highlighted in our balance transfer section as it features the largest 0% intro APR period on the market. For the first 18 months of opening this card you’ll incur zero APR on transferred sums as well as zero APR for 6 months on new purchases. After the promotional intro period you’ll incur a regular APR of between 12.99% and 20.99% depending on your current credit standing. As with all Discover More Credit Cards you’ll also receive 5% cash back bonuses in rotating categories such as travel, gas, groceries, restaurants, home improvement stores, etc. This card comes with no annual fee.