Card APR Basics Details
BEST LOW-RATE/LOW-FEE CARDS If you carry a balance, pick one of these. None charges a balance-transfer fee.
Capital One Won’t raise rate to default APR unless -
Platinum 7.9% APR applies to balance transfers and new purchases. payment is received three or more days
Prestige late twice in one year.
Very liberal one-month grace period for
Clear from 0% introductory APR for 12 months. Fixed 5.99% on
10.99 to payments. No fees for late payments, cash
American balances transferred for life. $25 AmEx gift card issued
14.99 advances, or over-limit charges. Free credit
Express for every $2,500 spent.
report with credit score annually.
Iberiabank Visa 4.0 to 0% on balance transfers for 6 months; 4.0 to 6.0% on 5% to 7% APR on balances for cash
Classic 6.0 balances afterward. advances or convenience checks.
If transferring a balance that can be paid off
quickly, try Simmons First Visa Platinum
Simmons First Default penalty APR is only 15.25%, and cash-
7.25 Rewards card with 0% on balance transfers
Visa Platinum advance APR is only 11.25%.
for six months, no transfer fee, and 8.95%
BEST CASH-BACK CARDS Good if you pay off your balance regularly. If you don’t, opt for a nonrewards card with a
You only get 5% and 1.5% back on
5% cash back at supermarkets, gas stations and purchases made after you’ve spent $6,500
Blue Cash from
8.99 to drugstores; 1.5% elsewhere. 0% APR on new within a year; if you spend less, it’s 1% and
14.99% purchases for up to 12 months. Offers a fixed 4.99% 0.5%. Card is best for big spenders.
Express on balances transferred, for the life of the balance. Standard Blue Card from AmEx gives 0%
APR for up to 15 months.
Capital One No
2% cash-back on gas and groceries. 1% on all other No limits on cash-back rewards, which
Hassle Cash 14.9
purchases. never expire.
3% for every dollar you spend in the three categories
3% rewards are limited to $600 in
Chase where you spend the most, 1% of every dollar you
14.99 purchases per month; after you reach
Freedom Visa spend in other categories, $50 credit after first
$600, you earn 1%.
5% cash back in various categories on up to $400 of Better deal if you redeem points for gift
10.99 to quarterly purchases, 0.25% to 1% on other purchases; cards with the 100 retailers they partner
18.99 0% on new purchases for six months, 0% on balance with because you get double points. Lesser
transfers for 12 months. reward for cash-back option.
BEST GAS CARDS Rewards from gas cards can vary based on where you fuel up. Some cards pay less for purchases
at warehouse clubs such as Costco.
5% rebate on gas at BP, 2% rebate on dining and
Chase BP Visa travel, 1% back on other purchases. All rebates are No rebates on gas at non-BP stations.
doubled for first 60 days.
10.99 to 6% rebate on gas for first 90 days; 3% afterward. 0% Rebates on gas up to $500 in spending per
19.99 APR on new purchases for first 6 months. month.
5% cash back on gas and auto maintenance up to Best for people who don’t spend a lot on
$100 in purchases per month; 1% cash back on other gas; rewards on nongas purchases are
Discover Open 10.99 to purchases after total annual purchases exceed only 0.25% up to $1,500 in annual
Road 18.99 $3,000. Up to 20% cash back at retailers on Discover spending and 0.5% from $1,500 to $3,000;
Web site. 0% APR on new purchases for six months 3% fee on balance transfers, capped at
and 12 months on balance transfers. $75.
0% APR on new purchases for first 6
Hess Platinum 14.99 to 10% back on Hess purchases for 90 days, 5%
months. Hess stations are located only on
Visa 19.99 afterward. 1% rebates elsewhere.
the East Coast.