The Best Low Interest Credit Cards of 2015

Low interest credit cards are a unique breed when compared to other types of credit cards.  Rather than offer a rewards program or bonus for signing up, they simply reduce the amount of interest you’ll pay on a monthly basis. While most Americans would love to pay their balances in full and avoid paying interest charges, that’s simply not the case and in the long-run, you’ll find that low interest credit cards save you more than any other type of credit card.

The best low interest credit cards aren’t as strong as they used to be.  When the Credit Card Act of 2008 went into effect, many issuers scrambled to keep their profits up and one of the ways they’ve done that is by increasing the interest rates on credit cards.  However, if you dig deep enough, you’ll still find a decent amount of credit cards offering a lower interest rate than the rest.

PT’s Pick for Best Low Interest Credit Card

Citi Simplicity® CardCiti Simplicity MasterCard – The Citi Simplicity® Card is ideal for consumers with a credit card balance elsewhere as a 0% intro APR for 21 months on balance transfers* is provided with this offer.  The balance transfer fee is a low 3% ($5 minimum) meaning the money you can save on interest is enormous.  Also included is a 0% intro APR on purchases for 21 months and after that, the purchase APR is 12.99% – 21.99%* variable, based on credit history.  The Citi Simplicity® Card lacks two things, one good and one bad.  First, there is no rewards program included (although discounts on certain online purchases are available) but second, you won’t find an annual fee, late fees or over limit fees.

Simmons First Visa Platinum BigSimmons First VISA Platinum Credit Card – You may never have head of Simmons First before but the Simmons First Visa Platinum actually carries the lowest purchase APR on our list and it’s not even close.  All cardholders will receive a 7.25% APR and that includes to teaser or intro rates.  The Simmons First Visa Platinum doesn’t sport a bonus offer or rewards program but with such a low APR, it doesn’t have to.  Last but not least this card carries no annual fee, so it’s free to apply and be approved.

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Last Edited: September 1, 2015 @ 9:25 pm The content of is for general information purposes only and does not constitute professional advice. Visitors to should not act upon the content or information without first seeking appropriate professional advice. In accordance with the latest FTC guidelines, we declare that we have a financial relationship with every company mentioned on this site.
About Michael Pruser

Michael Pruser is the man. After spending a ton of money to go to the private University of Miami, Michael now enjoys spending time at home, writing personal finance articles for the world to read. His journey out of debt continues 500 words at a time.


  1. Wow! Thanks for sharing all this information. Definitely helpful for when I need to get a new credit card (no need right now) maybe in the future :)