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% intro 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 after 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 (12.99%, 17.99%, or 22.99% variable APR on purchases and balance transfers 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 fee. 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, 10.99% - 20.99% variable APR 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 800-579-4293or Call 800-579-4293
4.75/Stars

Citi® Double Cash Card. You earn cash back twice on every purchase: 1% when you buy and another 1% when you pay, as long as you pay the minimum due. This card has a 0% intro APR on purchases and balance transfers for 15 months, 12.99% - 22.99% variable APR thereafter. No annual fee.

Click here to read our detailed Citi® Double Cash Card review.

At Citi Credit Cards' secure site
3.50/Stars

Barclaycard® Ring MasterCard®. 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 fees which is ideal for those of you who want to transfer a balance to this card and benefit from the low interest rate. No foreign transaction fee when spending on purchases in a foreign currency. No annual fee.

Click here to read our Barclaycard® Ring MasterCard® review.

At Barclaycard's secure site
3.20/Stars

Capital One® Platinum Prestige Credit Card. This Capital One card gives you 0% intro APR on purchases and balance transfers until July 2016. You pay 10.9%-20.9% variable APR after that. No foreign transaction fees 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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4.30/Stars

Capital One® VentureOne® Rewards Credit Card. This Visa card offers 0% intro APR on purchases until April 2016. After that, you will have an 11.9% - 21.9% variable APR 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. $0 annual fee.

Click here to read our detailed Capital One® VentureOne® Rewards 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% cash back for purchases in categories that change every quarter (up to the quarterly maximum), after you sign up for 5%. Earn 1% cash back for your other purchases.

Click here to read our detailed Discover it® review.

At Discover's secure site
3.90/Stars

Citi® Diamond Preferred® Card. With this card, you will enjoy a 0% intro APR on purchases and balance transfers for 21 months. After that, 11.99% - 21.99% variable APR for both purchases and balance transfers, depending on your creditworthiness. You'll also have access to its 24/7 Diamond Preferred concierge service.

Click here to read our detailed Citi® Diamond Preferred® Card review.

At Citi Credit Cards' secure site

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.