INTEREST FREE CREDIT CARD WITHOUT INTEREST FESS CREDIT CARD WITH 0% APR
A credit card without interest is by definition a payment card with which a consumer will be able to make his purchases on a deferred payment basis without paying any interest on the amounts spent.
A credit card with no interest offers a 0% APR which means (zero Annual Percentage R) as the interest rates are typically stated as a yearly rate and this card will allow a consumer for 4 to 6 weeks to use their line of credit without being charged with any interest.
An interest free credit card is very useful for the borrower who wants to avoid paying huge fees by using the classic bank overdraft which is known as being expensive and less flexible in terms of approved amounts.
A credit card without interest must not conceal the trap into which a consumer can fall because if during the grace period the user of the card does not pay interest which is fine but once he does not respect the reimbursement date of the payments, the applied penalty rates become very high.