Are you looking for a low interest credit card so that you can save on interest fees when you carry a balance from month to month? If that's the case, you should go for low interest cards which offer introductory rates from as low as 0% for a certain period of time. Whether you are booking a vacation package, buying an expensive gift or transferring an existing card balance, there is nothing better than being assured that you will only have to pay a low interest rate for your purchases or balance transfers if you won't be able to repay within the same month.

We have come up with a list of our 10 best rated credit cards offering low interest, most of which have no annual fee.

4.90/Stars

Chase Freedom®. This Visa card by JPMorgan Chase has a 0% APR for 15 months on purchases and balance transfers. After that, the regular APR for both purchases and balance transfers will be 13.99% - 22.99% variable APR, depending on your credit score. You'll also get 5% cash back on quarterly rotating categories (on up to $1,500 in combined purchases per quarter, and you have to sign up to each quarterly program in order to activate it), and unlimited 1% cash back on all other purchases. This Chase Freedom lets you earn a $100 Bonus, which you'll receive after making purchases for just $500 within the first 3 months, and an additional $25 Bonus when you add your first authorized user and make a purchase during this 3-month period. No annual fee.

Click here to read our detailed Chase Freedom® review.

At Chase's secure site
4.30/Stars

Chase Slate®. This low interest Chase card has a 0% intro APR on purchases and balance transfers for 15 months (purchase and balance transfer APR of 12.99%, 17.99%, or 22.99% variable after that). On top of that, if you transfer balances during the first 60 days, as an introductory offer you will pay $0 balance transfer fees. After that the fee is 3% of the amount you transfer or a $5 minimum fee. Most other cards charge a 3-5% balance transfer fee right from the beginning. $0 annual fee.

Click here to read our detailed Chase Slate® review.

At Chase's secure site
3.30/Stars

BankAmericard® Visa® Card. If you are looking for a long 0% intro APR on purchases and qualifying balance transfers, check out this Visa card. It has no annual fee† and comes with chip technology that offers better security when used at chip-enabled terminals. You get a 0% introductory APR on purchases for 15 billing cycles (10.99% - 20.99% variable APR thereafter). You also get this 15 billing cycle 0% introductory APR for balance transfers made within the first 60 days of account opening (after that, a variable APR of 10.99% - 20.99% applies). Fees equal to 3% of each transaction with a $10 minimum apply to balance transfers. Read the terms and conditions to learn more. A $0 Liability Guarantee means you will not be held responsible for fraudulent purchases made with this card. Choose the account alerts you want and receive card information on demand via text. See Terms.

Read our review of the BankAmericard® Visa® card.

At Bank of America's secure site
or Call 800-579-4293 or Call 800-579-4293
4.80/Stars

Discover it® - 18 Month Balance Transfer Offer offers a 0% intro APR for 18 months on balance transfers, and then a 10.99% - 22.99% variable purchase APR. Keep in mind that there’s a 3% fee on each balance you transfer to this card. You will also enjoy 0% intro APR on purchases for 6 months, and a 10.99% - 22.99% variable purchase APR thereafter. Earn 5% Cashback Bonus on rotating categories that change each quarter, on up to $1,500 spent in purchases (after you sign up for this bonus). Earn 1% cash back thereafter and on the rest of your purchases. You will also receive your FICO® Credit Score for free on each of your monthly statements, as well as online and through the mobile app. No foreign transaction fee. No annual fee.

Read our review of Discover it®.

At Discover's secure site

Barclaycard® Ring MasterCard® - 1% Back on Balance Transfers. This Barclays credit card offers a low interest rate on both purchases and balance transfers of only 8% variable APR, which is one of the lowest interest rates available in the market. This card has no balance transfer fee which is ideal for those of you who want to transfer a balance to this card and benefit from the low interest rate. No over-the-limit fee when spending more than your cash limit. No annual fee.

Click here to read our Barclaycard Ring MasterCard review.

4.30/Stars

Capital One® VentureOne® Rewards Credit Card. This Visa card offers 0% intro APR on purchases until February 2016. After that, you will have to pay a variable APR of 11.9%-19.9% depending on your credit score. This VentureOne credit card gives you 20,000 bonus miles ($200 in travel) after you spend $1,000 on purchases within the first 3 months. Earn unlimited 1.25 miles per dollar on every purchase. No annual fee.

Click here to read our detailed Capital One® VentureOne® Rewards Credit Card review.

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3.20/Stars

Capital One® Platinum Prestige Credit Card. This Capital One card gives you 0% intro APR on purchases and balance transfers until May 2016. You pay 10.9% - 18.9% variable APR after that. No foreign transaction fee for purchases made with the Platinum Prestige card outside the US. Balance transfer fee is 3% of transfer amount. No annual fee.

Click here to read our detailed Capital One® Platinum Prestige Credit Card review.

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4.80/Stars

Discover it®. This card, issued by Discover Financial, offers 0% intro APR on purchases and balance transfers for the first 14 months, and a variable purchase APR of 10.99% - 22.99% for purchases and balance transfers thereafter. The balance transfer fee is 3%. You will get 5% Cashback Bonus for purchases in categories that change every quarter (up to the quarterly maximum), after you sign up for 5% Cashback Bonus. earn 1% cash back for your other purchases.

Click here to read our detailed Discover it® review.

At Discover's secure site
4.40/Stars

BankAmericard Cash Rewards™ Credit Card. This card has a 0% introductory APR for 12 billing cycles for purchases and for any balance transfers made in the first 60 days. Thereafter you’ll have a 12.99% - 22.99% variable APR. When you apply for this card online, you can earn the online-exclusive $100 cash rewards bonus after you spend $500 or more on purchases in the first 90 days after opening your account. Earn 1% cash back on every purchase, 2% cash back at grocery stores and 3% cash back on gas (for the first $1,500 in combined grocery store and gas purchases each quarter). You can even get a 10% customer bonus every time you redeem cash back into a Bank of America® checking or savings account. Your rewards don’t expire and there are no changing categories so you know exactly which purchases you will earn cash back for. No annual fee†. See Terms.

Read our review of BankAmericard Cash Rewards™ credit card.

At Bank of America's secure site
or Call 800-508-2933 or Call 800-508-2933

PenFed Platinum Cash Rewards Visa® Card. If you need a Visa credit card that offers some cash back (5% cash back on gas purchases with the Plus edition and 3% with the Standard edition) and costs you next to nothing, then you might not need to look much further than this PenFed card. The Plus edition has no annual fee, while the Standard will cost you $25 a year after the 1 year with a $0 annual fee intro period. Both editions of this card can help you if you need to pay off a balance as they give you a low 4.99% APR for 12 months on balance transfers you make from January 01, 2015 through January 31, 2015. After those 12 months you still get a very low variable 9.99% APR for balance transfers. The variable purchase APR is 9.99% from the start. There are no foreign transaction fees. This is a good card if you want to transfer a balance and pay a low ongoing interest rate.