As an integral part of many adults’ financial lives, credit cards offer a powerful tool to manage your money, facilitate purchases, or take advantage of rewards. With the right card, you can get even more benefits, such as 0 APR on balance transfers and purchases. Here’s how these cards can help you penetrate deeper into your financial plans.

Improve Cash Flow & Balance Sheet
With 0% APR on balance transfers and purchases, you don’t have to worry about paying high interest rates on existing balances. Those high rates can wipe out much of your cash flow or add to an already burdened balance sheet. With 0% APR on balance transfers and purchases, you can make a plan to help manage your debt and improve cash flow.

Maximize Your Earning Potential
Many 0% APR credit cards come with cash back incentives, and when the 0% APR period is over, you can use the cash back to pay down your balance. This offers another way to maximize your earning potential and put more money to work for you.

Save on Interest Payments
When the 0% APR period ends, many of the best cards offer a low interest rate for balance transfer amounts that you’ve transferred during the 0% APR period. This low interest rate means that you can save on interest payments and get back to paying off your debt.

Build Your Credit Score
In addition to saving on interest payments, 0% APR credit cards can help you build your credit score. This is especially important if you have a limited credit history or are trying to rebuild your credit. With careful use of the card, you can demonstrate a good management of your debt and make the most of the 0% period to build your credit.

In addition to the above mentioned benefits, 0% APR credit cards steer you away from credit card companies’ hidden fees and charges. For example, 0% APR credit cards carry no annual fees. Furthermore, you can often use your card to pick up points and cash back rewards simply for using the card. Taking advantage of 0% APR credit cards can be a very effective plan for managing debt, saving on monthly payments, and building your credit.