How to Save Money on Big Purchases By Taking Advantage of 0% APR Credit Card Offers

These are my favorite no-interest credit cards, and they can save you thousands on big purchases.

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The minute my husband and I decided to replace our above-ground pool that exploded the day we moved into our new home, I knew I wanted to open a new credit card. Despite having $7,000 on hand to pay for a nicer pool, I thought this would be a good opportunity to rack up some rewards points.

Plus, many of these credit cards have 0% APR offers — a certain period of time to pay off purchases, interest-free, freeing up our cash flow. With this in mind, here’s how I’m planning on taking advantage of 0% APR offers.

Set Your Own Criteria

mother and baby paddle board in the ocean
Credit: Twenty20

Before looking at credit cards, I wanted to be certain that I could pay off the balance within the introductory period. As I mentioned earlier, my husband and I had the cash to pay it off now, so that wasn’t a major concern.

Nonetheless, we wanted to create a line item in our budget so we knew the minimum we needed to pay off each month to avoid interest once the introductory period was over. To be safe, we broke down the estimated cost of our pool by 12 months — about $583 per month. That way, we wouldn’t negate any bonuses or rewards any earned during that time if we wound up paying interest.

We also checked our credit score to make sure it was still good. To be frank, most 0% APR offers require excellent credit — check yours to see whether there’s a chance you could qualify. Both my husband and I had excellent credit, so we moved onto our other financial goals. Were we interested in saving money on our pool (therefore getting a cash back rewards card) or did we want to try our hand at earning points toward free travel?

If you’re looking at opening a 0% APR credit card, I suggest that you look at the criteria my husband and I used. That way, you can get extra perks besides the ability to pay off a large purchase interest-free.

0% APR Credit Cards I’m Considering (and You Can Too)

father and son laugh and hug on the beach
Credit: Twenty20

Once we worked out what some of our criteria were, it was easier for me to compare cards, including how long the introductory periods were and other benefits that were included.

Here are a few that I’m looking at:

Best Credit Card for Cash-Back: Bank of America® Cash Rewards Credit Card


Best Credit Card for Small Purchases: Blue Cash Everyday® Card from American Express


Best Credit Card for Travel: Bank of America® Travel Rewards Credit Card


How to Choose a 0% APR Credit Card

father and son in the airport
Credit: Twenty20

Right now, I’m still debating whether a cash back card is worth it or it’s better for my family to steer toward travel rewards cards. Sure, I’d love to save money on our purchases, but I have a cash back rewards card that I love, so I am not sure if I really want to add another one to my collection.

Besides, I have dreams of being able to take my family on a trip to Europe in a year or so, which means I should probably start hoarding up rewards points so I don’t have to pay for flights and hotels.

Whichever card I end up choosing, I’m happy to know that there are no shortage of 0% APR introductory offers out there.

How to Compare Rewards Credit Cards

Still not sure about which rewards cards are right for you? We get it. Choosing a credit card that meets your needs is important, which is why Slickdeals’ Credit Card Hub helps you compare the benefits of different cards, search credit cards by rewards categories, and explore cards by their issuers — all to find the best fit for your wallet.

Compare Credit Card Offers

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We want to make sure you get the best deal! Our editors strive to ensure that the information in this article is accurate as of the date published, but please keep in mind that offers can change. We encourage you to verify all terms and conditions of any financial product before you apply. Also, please remember this content wasn't provided, reviewed or endorsed by any company mentioned in this article.

Any product or service prices/offers that appear in this article are accurate at time of publish, and are subject to change without notice. Please verify the actual selling price and offer details on the merchant's site before making a purchase.

Sarah Li Cain

Sarah Li Cain is a finance and lifestyle writer whose work has appeared in places like Bankrate, Business Insider, Redbook, Endless Vacation, LendingTree and Financial Planning Association. She's also the host of Beyond The Dollar, where her and her guests have deep and honest conversations on how money affects your well being. As a lifelong traveler who has lived in five countries so far, she's obsessed with finding the best deals all over the world. In her spare time she likes to garden, practice yoga and hang out with her family.

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