Low Interest Credit Cards
Low Interest Rate Credit Cards
Are you on the lookout for low interest credit cards? Well look no further because we are going to break it down for you right here!
You really have to shop around to get the best low interest credit cards. Some Visa credit cards offer a 0% APR for up to 12 months! You have to have excellent credit to take advantage of the best low interest credit cards, however, different credit cards have differing standards when it comes to what they perceive as being 'excellent credit'. So if you hear an unfavorable quote from one lending company, don't be put off! You may receive a more favorable interest rate from another lender.
There's certainly a lot of variety in credit cards. There are low interest student credit cards for students who probably won't be able to pay off a balance in full each month, and low interest business credit cards that offer travel rewards for businesses. If you trust your spending and are looking for a low, long term APR you may want to consider looking into secured credit cards. These credit cards offer lower interest rates because the loan is secured against your own money, not theirs.
Which Lenders Offer the Best Rates?
When you are shopping around for low interest credit cards you should think for the long term. You usually get to benefit from the lowest interest rates for up to a year. However, once the low APR time is up, you will be slapped with a much higher interest rate, starting at 10% for people with excellent credit. You could then transfer your balance to a new credit card to take advantage of another low APR offer.
The top three credit card offers are:
- Discover Platinum Credit Card: 0%APR for 12 months, 1-10% cash back, double cash back when customers redeem points at partner stores, 9.99%APR after 12 months, no annual fee.
- Chase Platinum Credit Card: 0% APR for 12 months, reward point scheme, 10.99% APR after 12 months, no annual fee.
- Citi Platinum Select Card: 0% APR for 12 months, no annual fee, 10.49% APR after 12 months.
To take advantage of these offers you have to have excellent credit and a steady income. Shop around to get the best deals!
EB
All material copyright © 2008 Unsecured Cardpick. All rights reserved.
About Us | Contact Us | Site Map | What's New | View as RSS
