How To Avoid Deferred Interest Payments | NerdWallet

Sometimes you'll see a deferred interest offer, but what does it mean? A deferred interest offer means that interest is silently being calculated in the background, typically at a rate of 20% or higher. Sally French breaks down the critical distinction between deferred interest and 0% APR. If you’re seeking to make a purchase without paying interest, it’s important you know. Because not knowing might end up costing you hundreds of dollars in retroactive finance charges.