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One of many longest 0% introductory APR intervals yow will discover amongst bank cards is again.
The U.S. Financial institution Visa® Platinum Card is now providing an intro 0% APR for 20 billing cycles on purchases and stability transfers, after which the continued APR of 14.99% – 24.99% Variable APR. That's two months longer than the cardboard’s earlier provide of 18 months on each purchases and stability transfers, which was already one of many lengthiest round. In reality, the U.S. Financial institution Visa® Platinum Card had already received NerdWallet’s 2020 award for Greatest 0% Intro APR Credit score Card even earlier than the change.
It's not the primary time the cardboard has bounced forwards and backwards between 18 and 20 months. It rolled out an identical 20-month provide in April 2019 earlier than trimming it again once more.
The cardboard’s stability switch price stays the identical: 3% of the quantity transferred or $ 5, whichever is larger. It doesn't earn rewards, nevertheless it does provide the comparatively uncommon perk of mobile phone insurance coverage. And its annual price can also be nonetheless $ 0.
Yow will discover longer intervals for stability transfers. For example, the $ 0-annual-fee Citi Simplicity® Card – No Late Charges Ever affords an intro 0% on Steadiness Transfers for 21 months and 0% on Purchases for 12 months, after which the continued APR of 15.74% – 25.74% Variable APR. But it surely has a better stability switch price: 5% of the quantity transferred or $ 5, whichever is larger. And its 0% intro APR interval for purchases is far shorter.
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