Credit cards with low APR rates on purchases are a great way to reduce interest charges on your credit card if you plan to carry a balance when making purchases.

The best way to avoid interest charges on credit cards is to pay your monthly balance in full, but this may not always fit your budget, so it’s good to apply for low APR credit cards to reduce your finance charges.

Credit cards with low APRs can save you money on your purchases if you plan to regularly carry a balance on your credit card.

However, these 0% APR Introductory Offer Credit Cards may be a better option if you plan to make large purchases or carry a balance for as long as 15 months with no interest charges, but then will pay your balance in full after the introductory offer expires.

If you plan to transfer a balance from another credit card, these 0% APR Balance Transfer Credit Cards can save you money on balance transfers, but you’ll want to use balance transfer cards strictly for transferring balances and make your purchases on a different low APR credit card, unless the 0% APR introductory rate applies to both purchases and balance transfers.

All of these credit cards with low APRs have no annual fees, because annual fees will reduce any savings you would gain from having a low APR credit card. Check out our article on How Annual Fees Increase Your Credit Card APRs to calculate how your annual fee affects your actual APR.

Credit cards with low APR rates are good to have for emergencies as well, as you never know when you may need emergency funds, and low APR cards can help you avoid paying excessive interest charges when you need some extra cash in a hurry.

These are some of the lowest APR credit cards available for consumers and businesses.

Credit Cards with the Lowest APRs

IberiaBank Visa Classic Card

IberiaBank Visa® Classic

The IberiaBank Visa Classic credit card has an extremely low APR of 4% with a 0% APR on balance transfers for 6 months with no balance transfer fees and no annual fees.

Check out more details in our IberiaBank Credit Card Review.

IberiaBank Visa Platinum Rewards Card

IberiaBank Visa® Platinum Rewards Card

The IberiaBank Visa Platinum Rewards credit card has a low APR of 5.99% with a 0% APR on balance transfers for 6 months and no balance transfer fees, plus you’ll have access to the rewards program to earn travel rewards, hotel stays, and more with no annual fee.

Check out our IberiaBank Card Review.

IberiaBank Visa Gold Cash Back Rewards Card

IberiaBank Visa® Gold Cash Back Rewards Card

The IberiaBank Visa Gold cash rebate credit card has an APR of 5.99% for purchases and a 0% APR for 6 months on balance transfers with no balance transfer fees and no annual fee, and you’ll get a 1% cash rebate on all of your purchases.

Read our IberiaBank Review.

Pulaski Bank Gold Visa Card

Pulaski Bank Visa® Gold Card

The Pulaski Bank Gold Visa card has a low APR on purchases of 8% and a 0% APR on balance transfers for 6 months with no annual fee.

ESPN Total Access Visa Card

ESPN Total Access Visa® Card

The ESPN sports rewards credit card has an APR of 9.24% on purchases, and you’ll get a 0% APR on purchases and balance transfers for 6 months with no annual fee, plus you get access to the ESPN Total Access Rewards Program.

Check out our ESPN Credit Card Review for more info on the ESPN rewards card.

Blue from American Express

Blue from American Express®

The Blue from American Express card has an APR as low as 9.99%, plus you’ll get a 0% APR on purchases for up to 15 months with no annual fee. You can also get a fixed 4.99% APR on balance transfers for the life of the loan.

Check out our Blue from American Express Card Review.

Blue Cash from American Express

Blue Cash® from American Express

Blue Cash from American Express has an APR as low as 9.99% for purchases, and you’ll receive a 0% APR on purchases for the first 6 months as well as a 4.99% fixed APR on balance transfers for the life of the loan. You’ll earn up to 5% cash back on all of your purchases with no annual fee.

Blue Sky from American Express

Blue Sky from American Express®

The Blue Sky credit card has an APR as low as 9.99% on purchases with a 0% APR on purchases for 6 months and a 4.99% APR on balance transfers for the life of the loan, plus there’s no annual fee, and you’ll earn points that can be redeemed towards travel discounts.

Business Credit Cards with Low APRs

SimplyCash Business Card from American Express

SimplyCash® Business Card from American Express

The SimplyCash Business Card has an APR as low as 5.00% on purchases with a 0% APR on purchases for up to 12 months and a 7.99% APR for life on balance transfers, plus you’ll get a 5% cash rebate on office supplies and wireless services, 3% on auto gas purchases, and 1% on everything else with no annual fee.

Check out our SimplyCash Credit Card Review for more info on this business cash rebate card.

Advanta Platinum BusinessCard with Rewards

Advanta Platinum BusinessCard with Rewards

Advanta Platinum with Rewards Customized BusinessCard

The Advanta Platinum BusinessCard with Rewards has a 7.99% APR on purchases and a 0% APR for 15% months on balance transfers with no annual fee, plus you’ll receive up to 5% cash rebates on gas purchases, office supplies, and other purchases. Opt for the Advanta Customized BusinessCard with Rewards to create your own card image.

Check out our Advanta Credit Cards Review for details on Advanta business cards.

The Platinum Business Credit Card from American Express

The Platinum Business Credit Card

The Platinum Business card has an APR for purchases as low as 7.99% with a 0% APR on purchases for the first 12 months and a 4.99% APR on balance transfers for the life of the loan with no annual fee.

Blue Cash for Business Credit Card from American Express

Blue Cash® for Business Credit Card

The Blue Cash for Business card has a purchase APR as low as 7.99% with a 0% intro rate on purchases for 6 months and a 7.99% APR on balance transfers for the life of the loan. You’ll earn up to 5% on all purchases with this no annual fee business card.

Blue for Business Credit Card from American Express

Blue for Business® Credit Card

The Blue for Business card has an APR of 7.99% on purchases with a 0% APR on purchases for up to 15 months and a 4.99% APR on balance transfers for the life of the balance transfer, plus there’s no annual fee.

Check out our Blue for Business Credit Card Review.

Chase Platinum Business Card

Chase Platinum Visa® Business Card

The Chase Platinum Business credit card has a purchase APR of 8.99% with a 0% APR on purchases and balance transfers for up to 12 months and no annual fee.

Platinum Business FreedomPass Card from American Express

Platinum Business FreedomPass® Credit Card

The Platinum Business FreedomPass credit card has a purchase APR as low as 8.99% with a 0% APR on purchases for the first 12 months and a 7.99% APR on balance transfers for the life of the loan with no annual fee. You’ll also earn 5,000 bonus points after your first purchase towards travel savings in the business rewards program.

Check out our FreedomPass Credit Card Review for more details on this business travel rewards card.

These are some of the lowest APR credit cards available with no annual fees.

It’s important to understand that not all applicants will receive the lowest credit card APRs available when applying for some of these low APR cards, as only qualified applicants may receive the best interest rates.

Credit cards with low APR rates can save you a lot of money on interest charges over time, so take advantage of these credit cards with the lowest APRs.