Credit Cards with 0% APR on Purchases Only

A 0% APR credit card is of no benefit to a consumer who normally settles their outstanding credit card balance at the end of each month as they are not paying any interest anyway. A credit card with 0 APR on purchases only may be of interest to a consumer who is planning a big purchase in the near future. With an Amex Blue card you would have in effect 15 months to pay off an interest free loan. Amex have a lock on the 0% APR on purchases only sector of the credit card market at the moment. There are of course plenty of banks providing 0% on both purchases and balance transfers.

The Prime rate used in the tables is currently 8.00%

Rates and offers may change. The rates quoted are the best possible rates available. Your credit rating may not be good enough to get these rates.

This table was last updated on 19 June 2006.

0 APR on Purchases Comparison Table
Issuer	Card	Personal - Business	Purchase Intro APR	Months	After Intro Purchases APR	Intro Balance Transfer APR	After Intro Balance Transfer APR	Cash Advance APR	Default APR	Serious Default APR	Balance Transfer Fee	Annual Fee	Grace Period	Late Fees
Amex	Platinum Business	B	0%	12	2.99% +Prime	4.99%	2.99% +Prime	14.99% +Prime	12.99% +Prime	21.99% +Prime	$0	$0	25	$15-35
Amex	Blue for Business	B	0%	12	2.99% +Prime	4.99%	2.99% +Prime	14.99% +Prime	12.99% +Prime	21.99% +Prime	$0	$0	25	$15-35
Amex	Blue	P	0%	15	3.99% +Prime	3.99%	3.99% +Prime	14.99% +Prime	12.99% +Prime	21.99% +Prime	$0	$0	20	$15-35
Amex	Blue Cash	P	0%	6	4.99% +Prime	4.99%	4.99% +Prime	14.99% +Prime	12.99% +Prime	21.99% +Prime	$0	$0	20	$15-35
Amex	Blue Cash for Business	B	0%	6	2.99% +Prime	7.99%	2.99% +Prime	14.99% +Prime	12.99% +Prime	21.99% +Prime	$0	$0	25	$15-35
Amex	Oprima	P	0%	6	7.99% +Prime	8.90%	7.99% +Prime	14.99% +Prime	12.99% +Prime	21.99% +Prime	$0	$0	20	$15-35