credit cards
Most credit cards impose both finance charges and a transaction fee on cash advances. You are no longer the flavor of the month. We offer our credit card consumers the opportunity to establish credit and gain access to credit card services previously unavailable to them. Both normally have higher rates and additional fees as compared to standard cards. Your interest rate is assigned when your account is approved. You can shop anytime and from anywhere. To figure the balance due, the issuer totals the beginning balance for each day in the billing period and subtracts any credits made to your account that day. Payments, credits and new purchases during the current billing period are not included. Your purchases are delivered right to your door. Late payments will stay on your report for seven years and bankruptcies for ten. You'll need good credit after graduation when you apply for an apartment or to finance a car. People who live in lower-income areas often are the target of these sales pitches. Protect your cards and account numbers to prevent unauthorized use. This is when fees and interest outpace the amount you pay each month. While new purchases may or may not be added to the balance, depending on your plan, cash advances typically are included. So, Friend or Foe? You can easily find examples of consumers who could have paid the credit card off several times over yet are still left with a balance. If you pay your balance very month within the no-interest period, you are what the credit card companies call a free rider. While online shopping may not be 100% safe, there are a number of steps you can take to ensure that your experience is a positive one. Card holder agreement -- The written statement that gives the terms and conditions of a credit card account. 1% and 4% on current and savings accounts. The majority of their profits, as you expect, comes from the interest earned on outstanding balances. This is the time between when you make a credit card purchase and when the card company begins charging you interest on that purchase. Banks and other lenders consider your credit report when reviewing applications for mortgages, revolving lines of credit or other loans. The required deposit may range from a few hundred to several thousand dollars. Using a business credit card doesn't have to mean incurring debt. There are also too many offers targeted specifically to new credit users, typically students, who end up entering the workforce in severe debt and close to bankruptcy. When you get pre-approved for a credit card you feel good about yourself, it gives you a sense of self-confidence. People who carry a balance on their credit cards have no grace period. See our Credit Card Terms (above) for more information on these and other important credit card terms. 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. Business credit cards have other rewards too besides a high line of credit. The credit card companies mail an approximate 4 billion solicitations each year. We know that searching for the right low interest credit card can be a huge hassel. 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. 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. Remedy: Bank at separate institutions or avoid delinquencies. It must reach the creditor within 60 days after the first bill containing the error was mailed to you. Frequent Flyer cards allow individuals to earn free air travel with every purchase. Some of these cards do not allow you to transfer balances from high-rate interest cards during the introductory 0% offer period. Also don’t forget to check if there is a minimum finance charge. Minimum payment -- The minimum amount a cardholder can pay to keep the account from going into default. For every 1,000,000 pieces of mail they will get 6,000 responses. You will have to fill out a simple application when you apply for a credit card which only takes about five minutes to complete. These changes raise or lower your account’s finance charges. Companies may charge additional fees for some benefits. But too many people go out and acquire more debt. Otherwise, you can switch issuers to a lower- priced card. They require a security deposit (normally between $150 and $300) to receive approval. So, please put away your checkbooks and stop thinking of sending your charitable contribution to Delaware and South Dakota, where most of the large credit card issuers are based because of favorable state laws. Paying your card balance in full before the grace period ends prevents finance charges from being added to your account. Discover reserves the right to jack up your interest rate if you fall behind on your payment. Unfortunately, any negative information that is true will take time to disappear. Make sure to get one from all three because they all may be slightly different thanks to varying criteria for credit scoring. Let's take a closer look at the deals. Save Money - By transferring your current balances on high interest cards to cards offering 0% introductory rates, you can save hundreds or thousands of dollars in interest alone. Knowing whether a card gives you a free period is especially important if you plan to pay your account in full each month. These companies make piles and piles of cash from their credit card portfolios. 2. Some credit card plans allow the issuer to change your APR when interest rates or other economic indicators -- called indexes, change. There are several different types of credit cards to choose from, and each type offers various advantages to the card holder. It's a good idea to follow-up with a letter to the issuer - include your account number, the date you noticed your card missing, and the date you reported the loss. But if your credit is 'so-so', or poor, you must be more careful in your credit card selection. This is the most common calculation method. Viale cautions consumers to research the details of anything they're considering buying on credit. It is estimated that some banks take more than 100 million dollars a year from annual fees alone. But it's just the opposite. Free Period. It is a great opportunity if you make a concerted effort to get rid of the debt. Is your personal information really secure? Issuers must follow rules for promptly correcting billing errors. These banks offer some of the best low interest rate credit cards available on the market. Please visit our credit report section for more information on credit reports and find out how to get a * FREE copy of your credit report online. For example, if I have a credit card with a $20,000 credit limit and a $1,000 balance I am only utilizing 5% of my limit. paying a low interest rate and a lower sticker price? While new purchases may or may not be added to the balance, depending on your plan, cash advances typically are included. 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*. Most card issuers offer a 25 day grace period in which to pay for new purchases without incurring finance charges. purchases and 1%-3% cash back when used everywhere else. The good news is that creditors look for a general history of good credit behavior, so consistently paying your bills on time will help to overlook your blemishes. What is the difference between charging cash and getting a loan? Try not to get a new credit card to pay off an old one unless you can do so at an extremely low interest rate or 0% interest. Car dealerships with ads that scream, Super low interest! Issuers sometimes use various methods to calculate your balance that make use of your last two month's account activity. Misrepresent prices and payments for merchandise. This can be illustrated the next time you get your credit card statements or solicitations in the mail, which are loaded with mandatory disclosures, normally in very fine print. Employers also often review a credit report when they hire and appraise employees for promotion, relocations, or retention. If your card is used without your permission, you can be held responsible for up to $50 per card. The first step towards improving your credit is to actually get a sense of what your credit rating is. Reward Cards - If you use credit cards often, or are planning on making a large purchase and would like to benefit from using a credit card, there are many credit cards that are now offering various rewards for their use. Low interest rates have a record number of homeowners spending the hard-earned equity they've built up in their homes. You pay for phone calls with these prefixes -- even if you never get the 'gold' or 'platinum' card. Of course, you still have to pay any part of the bill that's not in dispute, including finance and other charges. If a thief uses your card before you report it missing, the most you'll owe for unauthorized charges is $50. The graph on the left is designed to help you determine the best credit card for your current financial situation. students, banks hope to gain a lifetime customer. If you opt for a variable rate card, the issuer must disclose to you that the rate may change. Interest accrues from the moment the money is withdrawn. The cost of a cash advance is also higher because there generally is no grace period. You get credit by promising to pay in the future for something you receive in the present. The rate is calculated in a standard way, taking the average compound interest rate over the term of the loan, so borrowers can compare loans. The credit card issuers started to omit data in their monthly reporting to the credit reporting agencies. Even if you find a credit card that does not charge a cash advance fee, getting cash advances for anything other than emergencies (or when abroad; cash advances make sense as a way of cutting foreign exchange commission and costs) is not a good idea because , even without the cash advance fee, you still will be charged interest on the cash advance from the day you take it out. Further, they’ve managed to self justify the means almost as to seem normal. After you fill out the application it will be reviewed by the credit card issuer within a week and you will receive the response whether you are approved for a credit card or not. It is as important as your mobile or notebook. Some cards have business clubs that you can join. What happens if someone disreputable gets hold of your account number? Below is an example of the costly result of carrying a credit card balance. Why do you forget it comes at your doorstep? Make sure to thoroughly research potential secured credit cards before you apply. Some 0% interest rate credit cards charge very high fees such as origination fees of $100 or more and even monthly fees as high as $5 or $6 per month. This amount of time is called the grace period. In fact, the opposite is true. Industry insiders have estimated that the amount of money credit card issuers make each year from various fees is over $15 billion dollars. Will I just pay the minimum? An explanation must also appear on your billing statements. S. There is no need of standing in the long queue of the bank to withdraw your money. The other method of searching for the best credit cards to meet your present needs, which is by type. Frequent flier bonus mileage - You receive a frequent flier mile for every dollar you spend. Suppose you are planning to purchase something expensive for your company and you are unable to pay for the product, at that moment business credit card plays significant role. This is usually the most advantageous method for card holders. Beware of credit cards that start out with high interest rates and that tie the interest rate to any economic indicator, can make folks salivating over the thought of a new vehicle forget about exploring other options that might be a better deal. In fact, the only major cards you usually can get through these marketers are secured. To figure the balance due, the issuer totals the beginning balance for each day in the billing period and subtracts any credits made to your account that day. Business credit card comes in many forms for the small business group. Business credit cards also offer the convenience of allowing companies to add cardholders (employees) to the credit line and promoting their company name on each credit card. In other countries the protocol calls for saving your money and paying cash for your belongings. When deciding which credit card or cards to apply for, consider how you would like to benefit from using a particular card. The Annual Percentage Rate (APR). It has become the necessity it rules the business world. So they have come up with stuff to hand out that is less expensive to them than cutting interest rates and fees would be. Others offer low interest credit cards closer to prime lending rates, often half or less than the usual higher interest credit cards. Pay your credit card bill online. 6. Annual Fee: Many issuers charge annual membership or participation fees. 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. You'll get a statement outlining these rules when you open an account and at least once a year. Some issuers charge a fee if you use the card to get a cash advance, make a late payment, or exceed your credit limit. 20,000 two years ago. Many card-issuing banks charge fees for cash advances.
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

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
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
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
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
Chase Platinum Credit Cardfixed 0.0012 monthsvariable 10.99variable 22.9920 days$0
Blue from American Expressfixed 0.0015 monthsvariable 11.24variable 22.2420 days$0Reward Program
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
Value Miles Platinum Visa Credit Cardfixed 0.0012 monthsvariable 11.74variable 21.7420 days$0Air Miles
Blue Cash from American Expressfixed 0.006 monthsvariable 12.24variable 22.2420 days$0Cash Back
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
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
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
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
One from American Expressvariable 13.24-30 days$0Cash Back
Gift Certificates
Discover Student Credit Cardfixed 0.00Through 7/2006variable 15.74variable 22.9925 days$0Student Card
Cash Back
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
Gold Delta SkyMiles Business Credit Card from OPENvariable 17.24variable 22.2420 days$0Business Card
Air Miles
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
JetBlue Card from American Expressvariable 17.24variable 22.2420 days$40Air Miles
WorldPerks Visa Platinum Cardvariable 16.75variable 21.9925 days$55Air Miles
United Milesage Plus Visa Credit Cardvariable 16.99variable 21.4920 days$60Air Miles
British Airways Visa Signature Cardfixed 4.905 monthsvariable 15.99variable 21.7420 days$75Air Miles
Continental Airlines World Mastercard from Chasefixed 7.996 monthsvariable 16.99variable 22.9920 days$85Air Miles
Gold Delta SkyMiles Credit Cardvariable 17.24variable 22.2420 days$85Air Miles


Low Interest Rate Credit Cards Guide - About Low Interest Rate Credit Cards Guide - Low Interest Rate Credit Cards Guide Help - Credit Cards Glossary   

Compare Shop Books - Discount DVDs

Copyright © 2002-2005 Low Interest Rate Credit Cards Guide. All rights reserved.
Terms of Service and Privacy Statement