When used responsibly, a credit card with a 0% introductory rate can consolidate your credit card debt, lower your credit utilization , or help you …
When used responsibly, a credit card with a 0% introductory rate can consolidate your credit card debt, lower your credit utilization, or help you purchase a big-ticket item. Just like any credit card, the optimal scenario is that you pay off your balance each month. But if you need more time to pay off existing debt, a 0% introductory interest period can give you a breather. The best 0% APR credit cards usually feature a 15-month introductory APR period and a $200 or $250 sign-on or welcome bonus.
