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Low Interest Credit Cards: Best Picks for July
Save more with the lowest APR credit cards available this summer
Quick Picks
Best overall: Equity Bank Classic Visa Credit Card.
Best for travelers: NCBA Gold Visa Credit Card.
Best for rewards: KCB Gold Visa Card.
Lowest Interest Rate Options
Finding a credit card with a low APR can significantly cut down on the cost of carrying a balance. Here's a look at the best options available right now.
Equity Bank Classic Visa Credit Card
The Equity Bank Classic Visa Credit Card is unbeatable with its 1.5% monthly interest rate, making it the lowest in Kenya. It's ideal for those who carry a balance and want to minimize interest charges. The trade-off here is the lack of a rewards program, but if your focus is on cost savings, this is hard to beat.
NCBA Gold Visa Credit Card
The NCBA Gold Visa Credit Card stands out with its strong travel perks, including airport lounge access and substantial travel insurance. While its 3.5% monthly interest rate isn't the lowest, it's a compelling choice if you're a frequent traveler seeking additional benefits. You'd pick this if travel perks outweigh the interest rate for you.
KCB Gold Visa Card
Where the KCB Gold Visa Card shines is in its rewards program. Earning Simba Points on every purchase, redeemable for cash or airtime, adds tangible value. Although the interest rate is 3.5% monthly, the rewards can offset some costs, especially for loyal KCB customers.
If you're focused on avoiding fees, the next card offers a unique advantage with its lifetime free offer.
Zero Annual Fee Card
Sometimes, the best savings come from not paying extra fees. Here's a card that ensures you keep your costs down by eliminating annual and joining fees.
ABSA Classic Credit Card
The ABSA Classic Credit Card offers a rare free-for-life proposition with no annual or joining fees. While its interest rate is the highest at 3.99% monthly, the lack of fees makes it worth considering if you consistently pay off your balance to avoid those charges.
Choosing the right credit card depends largely on your spending habits and financial priorities. Whether you're looking to minimize interest, gain travel perks, or maximize rewards, there's an option tailored for you. Remember, rates and terms can vary, so always check the current details with the provider before making a decision.