credit cards
The following are some important terms to consider that generally must be disclosed in credit card applications or in solicitations that require no application. 99 percent on all balances. The reality is that pretty much anyone can get a credit card. There are a lot of consumer advantages to shopping online. Read your agreement carefully to find out if your issuer uses this approach -- if so, what specific two-cycle method is used. However, if properly managed then credit cards can be your friend and ally in accumulating wealth and security…all while using someone else’s money. 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. incentive programs. And that means getting serious about your debt. Some, but not all, card issuers charge annual participation or membership fees. This is quite a coup for American Express considering the fact that few other credit card companies charge membership fees. Grace Period: Also called a free period, a grace period lets you avoid finance charges by paying your balance in full before the due date. Remedy: Pay all you can monthly. The average daily balance is then multiplied by a card's monthly periodic rate, which is calculated by dividing the annual percentage rate by 12. Get your Low Interest Rate Credit Cards today and get a decision on the credit card in seconds! Some issuers charge a fee if you use the card to get a cash advance, make a late payment, or exceed your credit limit. Over-the-limit fee -- A fee charged for exceeding the credit limit on the card. But it's just the opposite. Other costs may be included in your credit card. It has become the necessity it rules the business world. So, it may still be wise to consider the APR and balance computation method. their card. Some issuers charge a fee if you use the card to get a cash advance, make a late payment, or exceed your credit limit. Viale cautions consumers to research the details of anything they're considering buying on credit. For the big scoop on the fine print, here's what these frequently used credit card terms mean. Credit card companies are “for profit” businesses. However, don’t go overboard with your credit applications. Frequent flier bonus mileage - You receive a frequent flier mile for every dollar you spend. 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. It must include the Annual Percentage Rate, the monthly minimum payment formula, annual fee if applicable, and the cardholder's rights in billing disputes. merchandise. This is called reverse amortization. If you have more than one business card, consider dropping the ones that you don't use as much. That is why American Express and the other travel and entertainment cards issued by companies that are not banks can't give you a cash advance. In other countries the protocol calls for saving your money and paying cash for your belongings. The banks may limit the amount that can be charged to a specific dollar amount. This is essentially several months of free credit. Finding 0% APR credit cards that offer no interest for more than six months is very difficult. Not knowing which low apr credit card offer is right for you and your current situation. * Most credit cards at ASAP Credit Card have No Annual Fee! How? If you charge more than your credit limit allows, you’ll have to pay an over-limit fee. Two-cycle Balances. Bank One's Platinum Visa Card charges a 3-percent balance transfer fee, capped at $50. Those miles are worth about two cents each. If you play your cards right, you could treat yourself to a one-year, interest-free loan. The first way is to search by company, and then browse the list for the best credit cards they offer. This can quickly cost more than an annual fee. Annual Percentage Rate. You can see at a glance which cards offer introductory rates, low interest rates, cashback deals, reward programs and which cards could save you money by providing a 0% credit card balance transfer facility or interest free credit on purchases. So they have come up with stuff to hand out that is less expensive to them than cutting interest rates and fees would be. The card issuer also must disclose the periodic rate - the rate applied to your outstanding balance to figure the finance charge for each billing period. The cost of a cash advance is also higher because there generally is no grace period. The bottom line is that credit cards are what you make of them. Misrepresent prices and payments for merchandise. 5 percent. In some cases, they offer increased incentives for purchases on certain products or brands. Simply view our low interest credit card comparison table in order to find the right card for you. It is used by people new to credit, or people trying to rebuild their poor credit ratings. When you're looking for a credit card, be sure to consider the terms and costs associated with the card. Examples of balance computation methods include the following. Some credit card plans allow the issuer to change your APR when interest rates or other economic indicators - called indexes - change. The cost of advances is difficult to understand. Yet, these catalogues are the only places you can use the cards. Security - Secure online applications ensure that your personal information is encrypted. Industry insiders have estimated that the amount of money credit card issuers make each year from various fees is over $15 billion dollars. You have to have a credit card to function today. Airline Cards - These credit cards are ideal for the frequent travelers. Here are the most common ways credit card issuers will make money from you once you’ve started using their cards. A credit card is a form of borrowing that often involves charges. It helps in running your business smoothly as it provides many useful facilities like personnel loans, insurance, medical facilities etc. In addition to your business credit cards you can even get personnel credit card. A cash advance works in a different way: you get no grace period. Be sure to calculate whether the club's annual fee, if any, offsets whatever your anticipated savings will be. Using a business credit card doesn't have to mean incurring debt. An affinity card issuer often donates a portion of the annual fees or charges to the sponsoring organization, or qualifies you for free travel or other bonuses. 73 million dollars per year. Keep these tips in mind when looking for a credit or charge card. money at the pump try looking at a gas rebate credit card. Review these low interest credit cards applications today. Credit cards may offer additional perks, such as discounts, rebates or cash back offers. Some credit cards start you off with a teaser, a temporarily lower interest rate that can last for as little as 90 days or as long as a year. Discover reserves the right to jack up your interest rate if you fall behind on your payment. 7. Again, this type of cover is usually more expensive than a general income replacement insurance policy. 2. Some charge a monthly fee whether or not you use the card. Fortunately, the trend reversed itself almost as quickly with credit card companies re-reporting credit limits to avoid lawsuits and dissatisfied customers. And a potential employer may even assess an applicant's credit report prior to extending a job offer. If you report the loss before the card is used, you can't be held responsible for any unauthorized charges. There is no need of standing in the long queue of the bank to withdraw your money. Save money every month by avoiding the high interest rates - sometimes as high as 21% or more - often charged by other credit cards. Investigate an offer before enrolling. That Elite Rewards Platinum Plus card from MBNA charges a 3-percent fee on transferred balances and cash advance checks. At the latest, you also must receive information, before you become obligated on the account, about any limitations on how much and how often your rate may change. Only time and good credit habits will restore your credit worthiness. Many credit companies offer no finance charges for small business credit cards, grace periods of up to 25 days, complimentary financial services and offer cardholders executive discounts on rental car insurance, airline travel and incentive programs. The creditor must acknowledge your complaint in writing within 30 days of receipt, unless the problem has been resolved. The Fair Credit and Charge Card Disclosure Act requires credit and charge card issuers to include this information on credit applications. His company gets 40,000 calls a month for credit or budget counseling vs. Is your personal information really secure? offer bonus air miles just for signing up. 6. They are essentially always using someone else’s money for free. Another big moneymaker for credit card companies are annual fees. Annual percentage rate (APR) -- A yearly rate of interest that includes fees and costs paid to acquire the loan. citizens to one free credit report from each of these bureaus once a year, but you have to take the initiative and ask for it. If you opt for a variable rate card, the issuer must disclose to you that the rate may change. The minimum fee for a transferred balance or cash advance is $10. Earn points redeemable for free travel on most major airlines with every purchase. It can help open doors for you or keep them locked. 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. Card issuers may also offer insurance and credit card protection. They are also highly regulated and scrutinized because of a history of consumer abuse patterns. For example, the fee may be expressed as follows: This means that the cash advance fee will be the greater of 2 percent of the cash advance amount or $10. 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. Your balance is determined by subtracting payments or credits received during the current billing period from the balance at the end of the previous billing period. A lot of people take equity out of the home, pay off the credit cards and that makes great sense. Now, some banks have cut back on these extras without the fanfare that launched them. These are debit cards. Often the only major credit card you might get is a secured credit card that requires a substantial security deposit with a bank. Examine the fine print carefully before you accept any offer for a credit or charge card. Abuse by credit card companies was most evident several years ago when a disturbing trend began. A secured credit card is a great way to repair bad credit because the money you are drawing from has already been pre-established in a set-up savings account. If you misplace your payment envelope, look for the payment address on your billing statement or call the issuer. 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. Cash rebates on purchases - You save about 1% annually on all purchases and at the end of the year you will receive a check or credit to your account in the rebate amount. same account. The most common string attached is the card has no grace period. Credit card companies are desperately striving ways to make money off foreign charges. Does the teaser rate apply to transferred balances or new purchases or both? Within that period you could pay off the charge without it costing you any interest. A variation on the annual fee scheme that a few banks use is a transaction fee. 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. The credit card companies mail an approximate 4 billion solicitations each year. No. Savvy consumers have mastered the science of waiting till the last day to make a sufficient enough payment to avoid interest. The third moneymaker of credit card issuers is the interest rate, Banks make unbelievable profits from interest rates. It is up to you to read all of the details about every card you are considering. In addition, many of these credit-card offerors do not report to credit bureaus as they promise, and their cards seldom help secure lines of credit with other creditors. We recommend you view the credit card glossary page to familiarize yourself with some common terms associated with credit cards and their terms and fees. Unfortunately, the byproduct of this credit limit omission is an inaccurate credit rating or credit score. Unless 'gold' or 'platinum' card merchants are subscribers to credit bureaus, they won't be able to report information about your credit experience. Without this period, you may have to pay interest from the date you use your card or when the purchase is posted to your account. This has lead to predatory lending practices from unscrupulous lenders and an increase in amount of household credit card debt. For example, I get a discount at Staples whenever I use my business American Express card. That fabulous offer you received in the mail for a gold card with a $10,000 credit limit and lots of features may not be so great. 4. Because the rate change is linked to the index's performance, these plans are called variable rate programs. If you let them, they can easily overwhelm you. It isn't just about low interest rates, it's about using the range of perks and deals that credit card companies offer to your best advantage. This is the number of days you have to pay your bill before finance charges start.
Low Interest Rate Credit Cards Guide 

BROWSE BY CREDIT CARD TYPE:
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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

No Annual Fee 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
One from American Expressvariable 13.24-30 days$0Cash Back
Gift Certificates
Gold Delta SkyMiles Business Credit Card from OPENvariable 17.24variable 22.2420 days$0Business Card
Air Miles
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
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
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
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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