credit cards
When deciding which credit card or cards to apply for, consider how you would like to benefit from using a particular card. It must be disclosed before you become obligated to a credit account. merchandise. other credit cards. What happens if someone disreputable gets hold of your account number? Low interest cards are great if you tend to carry a balance each month. The cost of a cash advance is also higher because there generally is no grace period. Send your letter soon. 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. These fees typically range from $25-$50 for standard cards and $75 or more for gold or platinum cards. If you misplace your payment envelope, look for the payment address on your billing statement or call the issuer. They love you when they are trying to get your business but you will eventually lose your luster. The cardholder agreement is required by Federal Reserve regulations. 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. This is the time between when you make a credit card purchase and when the card company begins charging you interest on that purchase. Marketers of 'gold' and 'platinum' cards often claim its easy to get major credit cards after using their cards for a few months. 10. Landlords sometimes use credit reports to decide among rental applicants. same account. The following are some important terms to consider that generally must be disclosed in credit card applications or in solicitations that require no application. Prove them wrong. 6. Balance transfer -- The process of moving an unpaid credit card debt from one issuer to another. Also don’t forget to check if there is a minimum finance charge. This fee can be stated in terms of a flat per-transaction fee or a percentage of the amount of the cash advance. Simply pay your balance in full each month and you can enjoy more convenience, find hidden discounts, and have permanent tax records come the end of your fiscal year. The problem is that none of them have figured out what to say, how to say it or what kind of envelope to put it in to convince us to apply for their wares more than 6 times out of every thousand envelopes they mail. An interest-free card deal that lasts and lasts. 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. There are several reasons why a business may want to utilize a small business credit card… Most important, many business credit cards have no credit limit, or a very high line of credit ($25,000 - $50,000), a higher credit limit than most individuals could obtain. Most lenders calculate finance charges using an average daily account balance—this is the average of what you owed each day in the billing cycle. Of course, you still have to pay any part of the bill that's not in dispute, including finance and other charges. 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. The resulting daily balances are added for the billing cycle. Cash-advance fee -- A charge by the bank for using credit cards to obtain cash. Draw a line through blank spaces on charge slips so the amount can't be changed. Business credit cards are intended for business owners and executives. 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. Will I just pay the minimum? 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. The FAA and the airline have decided that if you buy a ticket with a check or cash you are more likely to be involved in illegal activity than if you pay with a credit card. 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. Some banks charge fees as high 4 or 5 percent of the amount of you get in the cash advance. The result? They can make a difference in how much you pay for the privilege of borrowing. The response rate of these mailings, also known as “pre-approval” mailings, is abysmal. 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. This does not have to be the case as switching credit card providers is very easy and there are some very good deals for credit card balance transfers. A compelling argument can be made for each side of the debate. It is usually not expensive to get a cash advance on a credit card, unless you are in another country. For example, on a credit card with the Prime rate as its index, no matter how low the Prime rate drops, the rate on the line may never decrease below the stated rate floor. And, of those few who do open an account, even fewer will actually revolve a balance from one month to the next. If you report the loss before the card is used, you can't be held responsible for any unauthorized charges. Under federal law, you do not have the right to charge back problem purchases to a debit card as you do with a conventional credit card. Issuers have a policy of applying payments to balances with the lowest interest rates first. It's a lack of personal finance knowledge. Each time you use your card those banks tack 25 cents or so onto the amount of the charge. They often range from $25 to $50, sometimes up to $100; gold or platinum cards often charge up to $75 and sometimes up to several hundred dollars. S. This is quite a coup for American Express considering the fact that few other credit card companies charge membership fees. If your card includes a free period, the issuer must mail your bill at least 14 days before the due date so you'll have enough time to pay. 5% of the purchase price. Whether they're recovering from past credit card problems, or just starting out, we believe that all people desiring a credit card deserve the ability to get financial support and a credit card. 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. What's the cause of this growing trend? Don't be afraid to ask for a lower interest rate especially if you have an unblemished payment record. Why do you forget it comes at your doorstep? Educating yourself about responsible credit card use now can eliminate the worry of having to get yourself out of debt after you graduate. Some of that stuff can be very valuable to you if you pay your balance every month. Such 'gold' and 'platinum' credit-card offers usually are promoted through television or newspaper advertisements, direct mail, or telephone solicitations using automatic dialing machines and recorded messages. This is the age of plastic card and business credit card is one of them. 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. who have never before had a credit card in their name. Annual Percentage Rate (APR): The APR is a measure of the cost of credit, expressed as a yearly rate. Most issuers charge annual membership or participation fees. Lenders are required by law to disclose the APR. Also, if a debit card is lost or stolen, you can have unlimited liability for losses if you do not report the problem within 60 days, which is different from the $50 maximum liability on credit cards. Mike ends up owing $265 to his credit card company, and he has not even covered any of his purchase charges! You are no longer the flavor of the month. 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. Within that period you could pay off the charge without it costing you any interest. 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. Companies may charge additional fees for some benefits. This is the most common calculation method. Of course, if you don't pay your bill on time, you credit will be hurt. If you buy something over the Internet, and do not receive it, you can put a stop-payment on the item. 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. Ask about special fees when you get a cash advance, make a late payment, or go over your credit limit. It’s expressed as a yearly rate—the lower the APR, the less interest you pay. And a potential employer may even assess an applicant's credit report prior to extending a job offer. If you use a bank card, The bank whose name is on the card gets about half the withheld amount and the bank that the store has its account with gets the other half. Payments, credits and new purchases during the current billing period are not included. They are also highly regulated and scrutinized because of a history of consumer abuse patterns. * Tip: Apply for an unsecured credit card first! Others offer low interest credit cards closer to prime lending rates, often half or less than the usual higher interest credit cards. The best part about applying for credit cards online is that you have so many options to pick out the best credit card that is right for you and you can also learn everything about that specific credit card before applying. Issuers sometimes use various methods to calculate your balance that make use of your last two month’s account activity. In some cases, offers for 0% cards will come in your mail in coupon packets or in your newspaper. Have you ever wondered exactly how credit card issuers stay in business? Some credit card plans allow the issuer to change your APR when interest rates or other economic indicators -- called indexes, change. Adjusted Balance: This is usually the most advantageous method for card holders. Because the rate change is linked to the index’s performance, these plans are called Variable Rate programs. So you could end up qualifying for a card with a higher teaser rate or no teaser rate at all. Other offers allow you to earn free gasoline, or earn credit towards automobile purchases. whatsoever. 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. You can shop anytime and from anywhere. In actuality, credit cards are really high interest loans in disguise. 1% interest, and the bank lends someone, possibly you, this same money for credit card debts at 18%. A debt consolidation loan can be a great way to lower your monthly bill payments. Unfortunately, older or less sophisticated consumers are often the victims of these bait and switch tactics as the disclosures required before the grace period adjustment are cleverly worded and hidden amidst other text. Of course, once all of these things have been accomplished, it’s time to work on adding some stability to your credit report. As it comes with many benefits, low long-term APR rates, very high credit limits, and with tight security are some the great benefits. 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. The higher your credit limits the less likely you are to seem overly burdened with debt. But it's just the opposite. The teeny, tiny print near the end of the credit card offer explains this. There are a lot of consumer advantages to shopping online. Otherwise, you can switch issuers to a lower- priced card. Minimum payment -- The minimum amount a cardholder can pay to keep the account from going into default.
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

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
One from American Expressvariable 13.24-30 days$0Cash Back
Gift Certificates
Advanta Platinum Business Card with Rewardsfixed 7.99fixed 7.9920 days$0Business Card
Cash Back
Travel Rewards
Advanta Platinum Business Cardfixed 0.0012 monthsvariable 12.49variable 12.4920 days$0Business Card
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
Value Miles Platinum Visa Credit Cardfixed 0.0012 monthsvariable 11.74variable 21.7420 days$0Air Miles
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
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
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
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
Blue Cash from American Expressfixed 0.006 monthsvariable 12.24variable 22.2420 days$0Cash 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
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
Chase Platinum Credit Cardfixed 0.0012 monthsvariable 10.99variable 22.9920 days$0
Discover Student Credit Cardfixed 0.00Through 7/2006variable 15.74variable 22.9925 days$0Student Card
Cash Back
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


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