credit cards
If you don’t understand how your balance is calculated, ask your card issuer. A debt consolidation loan can be a great way to lower your monthly bill payments. MBNA America's Elite Rewards Platinum Plus MasterCard comes with zero-percent teaser rates on cash advances and transferred balances for 12 months. Ads for ' gold' and 'platinum' cards may urge you to call numbers with '900' or '976' exchanges for more information. They are essentially always using someone else’s money for free. Credit cards may offer additional perks, such as discounts, rebates or cash back offers. Late payments will stay on your report for seven years and bankruptcies for ten. Another big earner for credit card companies is the money collected from cash withdrawal fees, late payment fees, and other penalties -- so avoid these traps at all costs. Statistically, nearly every consumer has an error on at least one credit bureau report because bureaus don’t make the extra effort to verify information from creditors. S. Paying your card balance in full before the grace period ends prevents finance charges from being added to your account. who have never before had a credit card in their name. If there is no grace period, finance charges will accrue the moment a purchase is made with the credit card. Some creditors also exclude unpaid finance charges. They also have free credit card deals offered for students, people with marginal or poor credit, people looking for a rewards program, or for business people. It also can indicate if you have abused financial tools such as checking accounts and debit cards. If you are looking to apply for a credit card online, Credit 123 has a large selection of major credit cards to chose from. To make the most of your interest-free card deal you'll need to stay on your toes. Many cards offer protection against unauthorized online purchases, so even if someone does steal your information, you may not be responsible for what they’ve spent. At Discover, you'll pay $15 to $35 late fees depending on your your card balance. This is the interest rate used to figure the finance charge on your balance each billing period. Most card issuers offer a 25 day grace period in which to pay for new purchases without incurring finance charges. Does the card charge a balance-transfer fee? You pay for phone calls with these prefixes -- even if you never get the 'gold' or 'platinum' card. These disclosures take up an estimated 25% to 50% of the weight of the piece of mail thus adding to their postage costs. It must include the Annual Percentage Rate, the monthly minimum payment formula, annual fee if applicable, and the cardholder's rights in billing disputes. Order your credit reports from the top three credit bureaus, Equifax, Trans Union, and Experion. Who gets to see it? Low Interest Rate Credit Cards where be bring the world of credit cards to your fingertips. The credit card issuers know this and have devised a plan to circumvent these grace period artists by taking advantage of loopholes in the law that allow for adjusting the grace period. If you choose to get 0% interest rate credit cards in order to transfer balances from high-rate cards, make sure you pay as much of the balance transferred as you can before the introductory period is over. This resulted in thousands of credit declinations and even more approvals at less than optimal terms. Where are they making their money? When you apply for a credit card, you need to make sure that you do not take advantage of the associated spending power that comes with it. Remedy: Know your card. Make sure it's not a promotion with flexible rates or payments that can rise. Average Daily Balance: This is the most common calculation method. You don't have to anymore! Send your letter soon. Two for one flights around the country - Several airline cards offers two-for-one vouchers of you apply and are accepted for their card. If you are looking for a card with a low fixed APR, one with a 0% introductory rate or a card offering 0% APR on balance transfers, we have information on all the best offers available to help you choose the right credit card for your needs. There are many credit cards that have no annual fees. Let's not forget about late fees. If these conditions don't apply, you may want to consider filing an action in small claims court. Another big moneymaker for credit card companies are annual fees. Improved Credit Rating. However, unless your strategy is to acquire a new 0% card when the old one runs out (which may effect your credit) consider carefully the rate at the end of the offer. Periodic rate -- The interest rate described in relation to a specific amount of time. same account. A card may include other costs. But to do so you or your company should have buying power and that's exactly the business credit card provides. As you can see, it’s well worth the effort to collect them. Because some especially greedy banks eliminate the no-interest grace period when you have a cash advance outstanding on your account. At the same time 78% admitted they had never changed their credit card and were probably on a deal that was out of date, while 58% said they simply get their plastic from their bank*. Improving your credit isn’t impossible, but it does take a lot of time and motivation. Minimum payment -- The minimum amount a cardholder can pay to keep the account from going into default. Secured vs. Also, if you plan to pay for purchases over time, the APR and the balance computation method are definitely major considerations. Contact your local Better Business Bureau, consumer protection agency, or state Attorney General's office to see if any complaints have been filed against a particular promoter of 'gold' or 'platinum' cards. This can be a pro or a con. your answer is a gas rebate credit card. Often the only major credit card you might get is a secured credit card that requires a substantial security deposit with a bank. This can quickly cost more than an annual fee. If you use your credit card frequently, and often revolve the balance then these cards are worth checking out. Remedy: Ask to go back to 25 days. If you report the loss before the card is used, you can't be held responsible for any unauthorized charges. You will also receive information about how much, and how often your rate may change. You can, however, find one that will suit your needs if you look in the right places. Unfortunately, the credit card companies took it upon themselves to ignore the potential impact to the credit scores of some 200 million consumers by simply omitting that information from credit reports. Secured credit cards are available to most individuals. Let's take a closer look at the deals. A business credit card is exactly as the name implies, a credit card designed especially for businesses. Payments sent to the wrong address could delay crediting your account for up to five days. But, there are strings attached; credit usually costs something (interest), and what is borrowed must be paid back. This is a way for the credit card companies to shorten the amount of time you can use their money for free and also pick up some late fee revenue. 1% and 4% on current and savings accounts. Many business cards are offering 0% for the first six months, consolidate your other balances to one of these cards if you can, but be sure to read the fine print first. If you opt for a variable rate card, the issuer must disclose to you that the rate may change. This couldn’t be further from the truth. Some of these cards also carry very high penalties for late payments and automatically switch you to a variable APR rate for a late payment. Unfortunately, the byproduct of this credit limit omission is an inaccurate credit rating or credit score. It’s the few weeks between the purchase date and the payment due date, when your balance is assessed interest. If you play your cards right, you could treat yourself to a one-year, interest-free loan. Low Interest Rate Credit Cards offers a selection of featured low interest rate credit cards for you to choose from. This amount of time is called the grace period. What Are Credit Cards? Remedy: Find cards that exclude new purchases when calculating interest. A little something goes to the Visa or MasterCard association depending on what kind of card you sue. Low interest rates have a record number of homeowners spending the hard-earned equity they've built up in their homes. Previous Balance: This is the amount you owed at the end of the previous billing period. The closer you get to the due date the more likely you are to miss a payment. Stop payment rights. As it comes with many benefits, low long-term APR rates, very high credit limits, and with tight security are some the great benefits. Special Delinquency Rates. Also called a grace period, a free period lets you avoid finance charges by paying your balance in full before the due date. He pays a $40 annual fee plus a $25 late fee (he was out partying and forgot to mail the check the next day). If a marketer assures you that reliable information about you will be reported to credit bureaus, call the bureaus to confirm that the merchant is a member. The credit card companies get a percentage of the price of everything paid with credit cards. Most importantly, what the APR rate will be when the offer ends! You’d think that these creditors would be too busy to levy and collect fees that run no more than $20 or $30 each. It’s that simple. 6. The Fair Credit and Charge Card Disclosure Act requires credit and charge card issuers to include this information on credit applications. Taking advantage of these offers can be the key to getting out of debt quickly. The higher your credit limits the less likely you are to seem overly burdened with debt. Rate changes raise or lower the finance charge on your account. This issue arises only when you switch from paying in full to carrying a balance month to month. Viale cautions consumers to research the details of anything they're considering buying on credit. Issuers have a policy of applying payments to balances with the lowest interest rates first. You can shop anytime and from anywhere. If you have excellent credit, it is likely you will be approved for any credit card you apply for. It helps you in growing your business. In actuality, credit cards are really high interest loans in disguise. Make sure to thoroughly research potential secured credit cards before you apply. Below is an example of the costly result of carrying a credit card balance. It is up to you to read all of the details about every card you are considering. If you start missing payments you can be sure that your grace period will be reduced. 11. We have organized the various companies and the different types of cards they have available into categories to make finding the right card for you quick and simple. Discover's Platinum MasterCard woos customers with a zero-percent interest rate on purchases and balance transfers for 12 months. A credit card is a form of borrowing that often involves charges. That Elite Rewards Platinum Plus card from MBNA charges a 3-percent fee on transferred balances and cash advance checks. Your credit line is a percentage of the deposit, typically 50 to 100 percent. We have reviewed various companies and the credit cards they offer, and have narrowed the list down to a few select companies, whom we believe offer the best credit cards available for consumers. In other countries the protocol calls for saving your money and paying cash for your belongings. If you’re considering a variable rate card, the issuer must also provide information that discloses to you: how the rate is determined, which index is used, and what additional amount (margin) is added to determine your new rate. Creditors love fees, especially late fees. If you're looking for credit, be wary of some 'gold' or 'platinum' card offers promising to get you credit cards or improve your credit rating. For example, you may be interested in affinity cards - all-purpose credit cards sponsored by professional organizations, college alumni associations and some members of the travel industry. They max out their credit cards again. Interest is the fee you are charged for using someone else’s money. If you do qualify for a zero-percent card offer, that's fantastic. This is why it is so important to establish good credit. Many banks enticed you to sign up with extra benefits such as a lifetime warranty, a 5% discount on all travel, or protection if an item purchased is lost. What happens if someone disreputable gets hold of your account number? So, again, the questions is…how do these companies stay in business? 9%, when the low rate period expires, your existing balance will likely be subject to the regular and substantially higher interest rate. Transaction Fees and Other Charges: A card may include other costs. 0% Balance Transfer - If you are carrying a large balance on one or more credit cards, paying down your debt may seem impossible as the minimum payments due often barely cover the interest being charged.
Low Interest Rate Credit Cards Guide 

BROWSE BY CREDIT CARD TYPE:
All Credit Cards
Air Mile Credit Cards
Business Credit Cards
Cash Back Credit Cards
Charge Cards
Low Interest Credit Cards
No Annual Fee Credit Cards
Credit Cards with Rewards
Student Credit Cards


Credit Cards Guide:
How to Find the right Credit Card
Credit Card Facts You Need to Know
Lost or Stolen Credit Cards

All Credit Cards and Charge Cards

Sort by
Credit Cards		 Sort by
Intro APR		 Sort by
Intro Period		 Sort by
Purchase APR		 Sort by
Cash Advance APR		 Sort by
Grace Period		 Sort by
Annual Fee		 Notes
Advanta Platinum Business Card with Rewardsfixed 7.99fixed 7.9920 days$0Business Card
Cash Back
Travel Rewards
One from American Expressvariable 13.24-30 days$0Cash Back
Gift Certificates
WorldPerks Visa Platinum Cardvariable 16.75variable 21.9925 days$55Air Miles
United Milesage Plus Visa Credit Cardvariable 16.99variable 21.4920 days$60Air Miles
Gold Delta SkyMiles Business Credit Card from OPENvariable 17.24variable 22.2420 days$0Business Card
Air Miles
JetBlue Card from American Expressvariable 17.24variable 22.2420 days$40Air Miles
Gold Delta SkyMiles Credit Cardvariable 17.24variable 22.2420 days$85Air Miles
American Express Rewards Green Card-----$65Charge Card
Business Gold Card from OPEN-----$75Charge Card
American Express Rewards Gold Card-----$90Charge Card
Business Green Rewards Card from OPEN-----$95Charge Card
Platinum Business Credit Card from OPENfixed 0.0012 monthsvariable 10.24variable 22.2425 days$0Business Card
Blue for Business Card from OPENfixed 0.0012 monthsvariable 10.24variable 22.2425 days$0Business Card
Chase Platinum Credit Cardfixed 0.0012 monthsvariable 10.99variable 22.9920 days$0
Value Miles Platinum Visa Credit Cardfixed 0.0012 monthsvariable 11.74variable 21.7420 days$0Air Miles
Advanta Platinum Business Cardfixed 0.0012 monthsvariable 12.49variable 12.4920 days$0Business Card
Sony Cardfixed 0.0012 monthsvariable 12.99variable 21.7420 days$0Sony Rewards
Chase Cash Plus Rewards Visa Cardfixed 0.0012 monthsvariable 12.99variable 22.0020 days$0Cash Back
Gift Rewards
Perfect Credit Card from Chasefixed 0.0012 monthsvariable 12.99variable 22.0020 days$0Cash Back
Chase Flexible Rewards Platinum Visa Cardfixed 0.0012 monthsvariable 12.99variable 22.0020 days$0Cash Back
Air Miles
Gift Rewards
Borders Waldenbooks Platinum Visa Credit Cardfixed 0.0012 monthsvariable 12.99variable 22.0020 days$0Borders Waldenbooks Rewards
Blue from American Expressfixed 0.0015 monthsvariable 11.24variable 22.2420 days$0Reward Program
British Airways Visa Signature Cardfixed 4.905 monthsvariable 15.99variable 21.7420 days$75Air Miles
Business Cash Rebate Card from OPENfixed 0.006 monthsvariable 10.24variable 22.2425 days$0Business Card
Cash Back
Blue Cash from Business Credit Card from OPENfixed 0.006 monthsvariable 10.24variable 22.2425 days$0Business Card
Cash Back
IN NYC Card from American Expressfixed 0.006 monthsvariable 11.24variable 22.2420 days$0Reward Program
IN Chicago Card from American Expressfixed 0.006 monthsvariable 11.24variable 22.2420 days$0Reward Program
IN LA Card from American Expressfixed 0.006 monthsvariable 11.24variable 22.2420 days$0Reward Program
Blue Cash from American Expressfixed 0.006 monthsvariable 12.24variable 22.2420 days$0Cash Back
Starbucks Card Duetto Visafixed 0.006 monthsvariable 12.99variable 21.7420 days$0Starbucks Rewards
Volkswagen Platinum Visa Cardfixed 0.006 monthsvariable 12.99variable 21.7420 days$0Volkswagen Rewards
Hess Visa Platinum Card from Chasefixed 0.006 monthsvariable 12.99variable 22.0020 days$0Hess Gas Rewards
Universal Entertainment Mastercardfixed 0.006 monthsvariable 12.99variable 22.0020 days$0Gift Rewards
Subaru Platinum Mastercard from Chasefixed 0.006 monthsvariable 12.99variable 22.0020 days$0Subaru Car Rewards
Toys R US Visa Card from Chasefixed 0.006 monthsvariable 12.99variable 22.0020 days$0Gift Rewards
Disney Visa Credit Cardfixed 0.006 monthsvariable 12.99variable 22.0020 days$0Disney Rewards
Citi mtvU Platinum Select Visa Card for College Studentsfixed 0.006 monthsvariable 16.99variable 22.2420 days$0Student Card
Gift Rewards
Citi Platinum Select Card for Studentsfixed 0.006 monthsvariable 16.99variable 22.2420 days$0Student Card
Marathon Platinum Matercard from Chasefixed 0.006 monthsvariable 16.99variable 22.9920 days$0Gas Rewards
Speedway SuperAmerica Platinum Mastercardfixed 0.006 monthsvariable 16.99variable 22.9920 days$0Gas Rewards
Chase Ultimate Rewards Express Student Cardfixed 0.006 monthsvariable 16.99variable 22.9920 days$0Student Card
Gift Rewards
Universal Entertainment Student Mastercardfixed 0.006 monthsvariable 16.99variable 22.9920 days$0Student Card
Gift Rewards
Citi Drivers Edge Visa Cardfixed 0.006 monthsvariable 17.24variable 22.2420 days$0Student Card
Car Rewards
Citi Dividend Platinum Select Card for College Studentsfixed 0.006 monthsvariable 17.24variable 22.2420 days$0Student Card
Cash Back
Hilton HHonors Platinum Credit Cardfixed 2.906 monthsvariable 17.24variable 22.2420 days$0Hotel Rewards
Starwood Preferred Guest Credit Cardfixed 2.906 monthsvariable 17.24variable 22.2420 days$0Hotel Rewards
Continental Airlines World Mastercard from Chasefixed 7.996 monthsvariable 16.99variable 22.9920 days$85Air Miles
Discover Platinum Credit Cardfixed 0.00Through 1/2007variable 9.99variable 20.9925 days$0Cash Back
Miles Card from Discover Cardfixed 0.00Through 1/2007variable 9.99variable 20.9925 days$0Air Miles
Discover Titanium Cardfixed 0.00Through 1/2007variable 9.99variable 20.9925 days$0
Discover Platinum Gas Cardfixed 0.00Through 1/2007variable 9.99variable 20.9925 days$0Cash Back
Gift Rewards
Discover Student Credit Cardfixed 0.00Through 7/2006variable 15.74variable 22.9925 days$0Student Card
Cash Back


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