Introductory 0% rate
Cards & borrowingA temporary 0% interest rate offered on purchases or balance transfers.
Overview
The 0% period lasts for a fixed time, then standard rates apply.
Missing payments can end the offer early.
Why it matters
- It can reduce borrowing costs in the short term.
- It requires careful planning to repay before the offer ends.
- It can make debt management easier if used well.
FAQs
Does 0% mean no fees?
Not always. Balance transfers often have fees.
What happens after the 0% period?
The standard interest rate applies to remaining balances.
Related terms
Explore further
Take control of your credit health
Get the complete credit toolkit with all features included.
Start building creditInstant setup. No credit check to join. 14-day money-back guarantee.