Lendio sometimes receives compensation for credit card offers. This compensation may impact how products appear on this site (including, for example, the order in which they appear.) Lendio does not include all card companies or all card offers available in the marketplace. This editorial is from the viewpoint of Lendio, and not endorsed by any 3rd party. The information is accurate at the time of publication. When using a credit card, it’s ideal to pay off any purchases in the cycle they were charged. But, especially when you’re a business owner, there are times when that’s not possible. Small businesses often rely on the financial cushion credit cards provide. During those times, having a credit card with a low APR can save you a substantial amount in interest, allowing you more room to breathe in tight spots. Having a credit card with low interest allows you to use the money you would’ve spent paying off past purchases and reinvest it into your business. Finding a credit card with a low interest rate isn’t a taxing task, but finding a low-interest credit card that actually fits your business can be trickier. There are dozens of low-interest credit cards to choose from. After reviewing many worthy options (such as The Blue Business Plus Credit Card by American Express and the Business Advantage Cash Rewards Mastercard Credit Card by Bank of America), we are going to highlight one in particular we think is exceptional. Bank of America generally has low rates for their cards. Their Platinum Mastercard Business Credit Card has the lowest available rate of all their cards. As of the published date, here are the best features of the card: \tLow APR: With a 0% introductory APR for the first 7 billing cycles and a shockingly low variable APR of 11.74–22.74%, the Platinum Mastercard Business Credit Card has one of the very best rates you can find for business credit cards. \tIntro Bonus: Bank of America grants you a $300 statement credit when you make at least $3,000 in net purchases within 90 days of your account opening. It’s a threshold that shouldn’t be too difficult to reach as most businesses are likely spending $3000 over a 3-month period. \tNo Annual Fee: Many of the credit cards worth getting for business expenses have an annual fee. Sure, you can find other business cards with no annual fee, but they typically don’t come equipped with a similar intro bonus and highly-favorable APR. Outside of the introduction bonus, The Bank of America Platinum Mastercard Credit Card doesn’t come with rewards. Many businesses may see this as a turnoff. If earning rewards while you spend is the highest priority to you, Bank of America’s other business cards might entice you—they offer a Travel Rewards and a Cash Rewards option. However, while Bank of America is known for offering lower interest rates, those other cards still don’t offer an APR as low as the Platinum Mastercard Business Credit Card. It’s easy for rewards and bonuses to catch your eye, but when you focus on the root factors that will matter the most to your business, an advantageous APR becomes one of the most important. The Bank of America Platinum Mastercard Credit Card is our winner for best low-interest credit card. Lendio sometimes receives compensation for credit card offers. This compensation may impact how products appear on this site (including, for example, the order in which they appear.) Lendio does not include all card companies or all card offers available in the marketplace. This editorial is from the viewpoint of Lendio, and not endorsed by any 3rd party. The information is accurate at the time of publication.