credit cards
Purchases made during the billing period aren't included. Secured card -- A credit card that a cardholder secures with a savings deposit to ensure payment of the outstanding balance if the cardholder defaults on payments. Federal law prohibits issuers from sending you a card you didn't ask for. Low interest cards are great if you tend to carry a balance each month. Business credit cards are intended for business owners and executives. Some companies charge a monthly fee regardless of whether you use your card. The UK credit card market has traditionally been characterised by customer apathy with many people sticking with the first card they receive which is quite often a card provided by their bank. The reality is that pretty much anyone can get a credit card. Before you accept, shop around to get the best deal. Even if you never pay interest, your credit card company is making money from your purchase, which is why card companies can offer reward schemes and discounts. Fierce competition for good credit customers has forced issuers to come up with new ways to sweeten zero-percent deals. This has lead to predatory lending practices from unscrupulous lenders and an increase in amount of household credit card debt. Of course, the credit card companies are betting that most people that land a zero-percent deal won't pay down their debt and that a big, fat balance will linger long after the interest-free period ends. With increasing levels of status, individuals receive increased benefits such as and higher credit limits and lower APR's. You can also make a good argument that without a credit card you can’t function efficiently in today’s environment. Credit card companies are “for profit” businesses. Consolidate your business cards. Even if the low interest credit cards' rate is offered for a limited time, there are still substantial savings available to you, especially if you complete low interest credit cards balance transfer. Chances are you've gotten your share of pre-approved credit card offers in the mail. 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. American Express cardholders have become desensitized to the fact that they still pay a “membership” fee each year. low interest credit card in your wallet. These agencies, also called bureaus, collect and report information about your financial habits and put the information into a credit report. Yet, you may have some concerns about using your credit card online. Consumer credit scores dropped by 20, 50 or 100 points or more in less than 180 days. The most common string attached is the card has no grace period. Remedy: Switch issuers or always pay your balance in full. Each time you use your card those banks tack 25 cents or so onto the amount of the charge. Look for offers that use an adjusted balance, which subtracts your payment from your beginning balance. Its difficult to say that there's an all-round best credit card, as what's best depends on your spending habits. This is a fact that the credit card companies are less than thrilled about. See page 4 for examples of how the methods can affect your costs. Some companies offer an introductory 0%, typically for three to six months. The credit card APR (annual percentage rate) is the yearly interest rate you will pay for balance on your credit card only if you carry a balance on your credit card from month to month. These disclosures take up an estimated 25% to 50% of the weight of the piece of mail thus adding to their postage costs. Establishing a good credit history is an important part of your personal and financial future. If you don't pay your balance every month, the heavy interest you will pay to the card company is almost certain to far outweigh the value of the freebies you get. Transaction Fees and Other Charges. Many credit card issuers will allow you to earn rewards for your devoted service. Most of them use online bill paying services to avoid the delay of mailing their payment. 99 percent. For example, I get a discount at Staples whenever I use my business American Express card. Our most recommended business credit card would be the American Express Gold Card. So, it may still be wise to consider the APR and balance computation method. The periodic rate. S. first make a good faith effort to resolve the dispute with the seller. 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. Some, but not all, card issuers charge annual participation or membership fees. While some cards have no annual fee, others expect you to pay an amount each year for being a cardholder. The closer you get to the due date the more likely you are to miss a payment. On the other hand, if you always pay your monthly bill in full, and reward offers such as frequent flyer miles don't interest you, your best choice may be a card that has no annual fee and offers a longer grace period. The result? And, of those few who do open an account, even fewer will actually revolve a balance from one month to the next. Keep a record - in a safe place separate from your cards - of your account numbers, expiration dates and the phone numbers of each issuer to report a loss quickly. purchases and 1%-3% cash back when used everywhere else. Maybe they don't come down on the sticker price. The standard grace period is usually between 20 and 30 days. Landlords sometimes use credit reports to decide among rental applicants. Payments, credits and new purchases during the current billing period are not included. Obviously, the best credit cards are the ones that charge the lowest interest and that do so for the longest period of time. Prompt Credit for Payment. Even debts of small amounts, if not paid on time, can hurt your credit standing. Business credit cards have other rewards too besides a high line of credit. If a credit stays on your account for more than six months, the issuer must make a good faith effort to send you a refund. So, again, the questions is…how do these companies stay in business? So, Friend or Foe? Getting a cash advance, making a late payment, or exceeding your credit limit are some of the most frequently occurring charges to a credit card account. If you don't have a free period, or if you expect to pay for purchases over time, it's important to know what method the issuer uses to calculate your finance charge. Make sure you understand a plan's terms before you accept the card. A lot of people take equity out of the home, pay off the credit cards and that makes great sense. This site makes is easy for you to shop around and compare what is on offer. Here are the most common ways credit card issuers will make money from you once you’ve started using their cards. As good as these deals seem, you'll want to pay close attention to the details. Using your credit card in a smart manner is your best defense against online credit card fraud. Only 32% of people questioned said they chose their card provider because it offered a low interest rate. Many cards offer an initial period (usually around six months) with a lower APR. The advantage of getting 0% interest rate credit cards is simple; you can use the lender's money for free. Credit terms and conditions affect your overall cost. Fortunately, the trend reversed itself almost as quickly with credit card companies re-reporting credit limits to avoid lawsuits and dissatisfied customers. You’d think that these creditors would be too busy to levy and collect fees that run no more than $20 or $30 each. If you do qualify for a zero-percent card offer, that's fantastic. The resulting daily balances are added for the billing cycle. 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. So, how do you choose the right card? If you use your credit card frequently, and often revolve the balance then these cards are worth checking out. We know that searching for the right low interest credit card can be a huge hassel. Travelers: If you are a frequent traveler, many companies allow you to earn bonuses. Just like a report card or a resume, a credit report is used to document your performance; in this case, your financial performance. This can make a big difference in how much of a finance charge you'll pay - even if the APR and your buying patterns remain relatively constant. Everything from super-long teaser rate periods to zero-percent deals on both purchases and balance transfers and even zero-percent offers on cash advances. These cards are very useful for repairing bad credit or building a credit history and require money to be deposited onto them before they can be used. To help avoid finance charges, follow the issuer's mailing instructions. The Fair Credit and Charge Card Disclosure Act requires credit and charge card issuers to include this information on credit applications. At Discover, you'll pay $15 to $35 late fees depending on your your card balance. So they have come up with stuff to hand out that is less expensive to them than cutting interest rates and fees would be. If you're in the market for a new car or truck, don't let the purchase put you deeper into debt than is necessary. 5% of the purchase price. This can quickly cost more than an annual fee. When shopping for a card, think about how you plan to use it. Mike ends up owing $265 to his credit card company, and he has not even covered any of his purchase charges! Errors on Your Bill. If the zero-percent teaser rate is on balance transfers only, avoid making any new purchases with the card. Your credit report may also be reviewed when you apply for auto insurance or homeowner's insurance, or even a mobile phone. Periodic rate -- The interest rate described in relation to a specific amount of time. Credit card companies score applicants based what makes a profitable customer. The resulting daily balances are added for the billing cycle. Recent research revealed that more than 60% of people don't know the interest rate they are currently being charged on their credit card. People who live in lower-income areas often are the target of these sales pitches. You are now a living breathing profit center to them. The credit card issuers started to omit data in their monthly reporting to the credit reporting agencies. This not only reduces the amount of paperwork that you have to wade through each month, but it also reduces the chances that you will run up a large amount of debt. This method gives you until the end of the billing cycle to pay a portion of your balance to avoid the interest charges on that amount. Remedy: Bank at separate institutions or avoid delinquencies. You will also receive information about how much, and how often your rate may change. Remedy: Limit cash advances. Will I just pay the minimum? If you have a debt on you're current card it makes sense to transfer the outstanding balance to a card offering 0% for credit card balance transfers. When you make a return or pay more than the total balance at present, you can keep the credit on your account or write your issuer for a refund - if it's more than a dollar. Low APR credit cards can save you hundreds and even thousands of dollars depending on the size of your credit cards balance.
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

Low Interest Rate Credit Cards

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Credit Cards		 Sort by
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Annual Fee		 Notes
Advanta Platinum Business Cardfixed 0.0012 monthsvariable 12.49variable 12.4920 days$0Business Card
Advanta Platinum Business Card with Rewardsfixed 7.99fixed 7.9920 days$0Business Card
Cash Back
Travel Rewards
Blue Cash from American Expressfixed 0.006 monthsvariable 12.24variable 22.2420 days$0Cash Back
Blue Cash from Business Credit Card from OPENfixed 0.006 monthsvariable 10.24variable 22.2425 days$0Business Card
Cash Back
Blue for Business Card from OPENfixed 0.0012 monthsvariable 10.24variable 22.2425 days$0Business Card
Blue from American Expressfixed 0.0015 monthsvariable 11.24variable 22.2420 days$0Reward Program
Borders Waldenbooks Platinum Visa Credit Cardfixed 0.0012 monthsvariable 12.99variable 22.0020 days$0Borders Waldenbooks Rewards
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
Chase Cash Plus Rewards Visa Cardfixed 0.0012 monthsvariable 12.99variable 22.0020 days$0Cash Back
Gift Rewards
Chase Flexible Rewards Platinum Visa Cardfixed 0.0012 monthsvariable 12.99variable 22.0020 days$0Cash Back
Air Miles
Gift Rewards
Chase Platinum Credit Cardfixed 0.0012 monthsvariable 10.99variable 22.9920 days$0
Chase Ultimate Rewards Express Student Cardfixed 0.006 monthsvariable 16.99variable 22.9920 days$0Student Card
Gift Rewards
Citi Dividend Platinum Select Card for College Studentsfixed 0.006 monthsvariable 17.24variable 22.2420 days$0Student Card
Cash Back
Citi Drivers Edge Visa Cardfixed 0.006 monthsvariable 17.24variable 22.2420 days$0Student Card
Car 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
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
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
Discover Titanium Cardfixed 0.00Through 1/2007variable 9.99variable 20.9925 days$0
Disney Visa Credit Cardfixed 0.006 monthsvariable 12.99variable 22.0020 days$0Disney Rewards
Gold Delta SkyMiles Business Credit Card from OPENvariable 17.24variable 22.2420 days$0Business Card
Air Miles
Gold Delta SkyMiles Credit Cardvariable 17.24variable 22.2420 days$85Air Miles
Hess Visa Platinum Card from Chasefixed 0.006 monthsvariable 12.99variable 22.0020 days$0Hess Gas Rewards
Hilton HHonors Platinum Credit Cardfixed 2.906 monthsvariable 17.24variable 22.2420 days$0Hotel Rewards
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
IN NYC Card from American Expressfixed 0.006 monthsvariable 11.24variable 22.2420 days$0Reward Program
JetBlue Card from American Expressvariable 17.24variable 22.2420 days$40Air Miles
Marathon Platinum Matercard from Chasefixed 0.006 monthsvariable 16.99variable 22.9920 days$0Gas Rewards
Miles Card from Discover Cardfixed 0.00Through 1/2007variable 9.99variable 20.9925 days$0Air Miles
One from American Expressvariable 13.24-30 days$0Cash Back
Gift Certificates
Perfect Credit Card from Chasefixed 0.0012 monthsvariable 12.99variable 22.0020 days$0Cash Back
Platinum Business Credit Card from OPENfixed 0.0012 monthsvariable 10.24variable 22.2425 days$0Business Card
Sony Cardfixed 0.0012 monthsvariable 12.99variable 21.7420 days$0Sony Rewards
Speedway SuperAmerica Platinum Mastercardfixed 0.006 monthsvariable 16.99variable 22.9920 days$0Gas Rewards
Starbucks Card Duetto Visafixed 0.006 monthsvariable 12.99variable 21.7420 days$0Starbucks Rewards
Starwood Preferred Guest Credit Cardfixed 2.906 monthsvariable 17.24variable 22.2420 days$0Hotel 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
United Milesage Plus Visa Credit Cardvariable 16.99variable 21.4920 days$60Air Miles
Universal Entertainment Mastercardfixed 0.006 monthsvariable 12.99variable 22.0020 days$0Gift Rewards
Universal Entertainment Student Mastercardfixed 0.006 monthsvariable 16.99variable 22.9920 days$0Student Card
Gift Rewards
Value Miles Platinum Visa Credit Cardfixed 0.0012 monthsvariable 11.74variable 21.7420 days$0Air Miles
Volkswagen Platinum Visa Cardfixed 0.006 monthsvariable 12.99variable 21.7420 days$0Volkswagen Rewards
WorldPerks Visa Platinum Cardvariable 16.75variable 21.9925 days$55Air Miles


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