Credit Cards


eg: UK or Brides UK or Classical Art or Buy Music or Spirituality

Business & Money

Technology

Women

Health

Education

Family

Travel

Cars

Entertainment

Fixed Low Interest Credit Card

View:

Back during the early part of this decade when interest rates were at historically low figures, a whole rash of low and zero percent credit cards were offered by major banks and financial institutions. Indeed, if you wanted to get out from underneath your debt all you had to do was apply for one of these cards, transfer balances from the old card to the new one, and you would save hundreds if not thousands of dollars on interest rate costs. Today, interest rates are the highest they have been in more than five years time. Are low interest rate credit cards a thing of the past? The answer is a resounding no: they are still available; please keep reading to find the credit card venue that is right for you.

Consumers burdened by credit card rates of 15%, 20% or more need not feel trapped. Fortunately, there are plenty of credit card offers out there that are still darn good buys, oftentimes offering a reprieve from high interest rates for as long as 16 months.

What should you look for when selecting a new credit card? Several things, including:

A balance transfer option allowing you to move funds from your current high rate credit card to the new card. This is particularly a good deal if balance transfer fees are waived during the transfer option period.

When funds are transferred to a new card a low introductory interest rate would be extremely helpful. Many cards still offer a 0% interest rate on new transfers: some will even allow you to keep that rate until the transferred funds are paid off. New purchases are assessed the standard rate, but you could conceivably have an interest free walk on old funds for several years.

Many credit card offers waive the annual fee at least for the first year. Shop around and you could find a credit card with a balance transfer deal, low annual APR, and no annual fee. Almost like receiving free money!

In some cases a credit card provider will sweeten the deal by offering rewards with each purchase. These offers can vary tremendously: some offer free airline miles; others offer cash back; some will give you free hotel nights or car rentals; the list and variety is nearly endless. Read the fine print to find the program that works best for you.

In conclusion, low interest rate credit cards are still around. Shop wisely, compare plans, and you could save hundreds of dollars on credit card interest with the right card.

Fixed Low Interest Credit Card

You may think that the rate you are paying on your current credit card is low, but chances are it isn't the lowest rate you could be paying. 0% interest rate credit card offers are still available…do you have one? If not, why not? If you don't have a low interest credit card in your wallet, you may be missing out on a great way to save yourself hundreds of dollars per year. Let's take a look at some of the ways you can find a low interest credit card today.

Contact Your Current Credit Card Company.

Once in awhile, consumers can persuade their current credit card company to give them a lower rate. Unfortunately, most credit card companies will not budge much on their current rate to you or the rate they agree to give to you is not the lowest available rate going. What a hassle! While you don't have to get rid of your current card, shopping for a new one is probably the easiest and most pain free way to secure the lowest rate.

Shop For A New Card.

Speaking of new cards, there are hundreds of credit card providers, each of whom wants your business. With bankruptcy laws tightening and consumers shopping more carefully, the competition for customers has sharpened. For smart shoppers, it is a “buyer's market” when it comes to finding a low interest credit card that meets your needs. Rewards cards are popular and so are credit cards such as Citibank's Citi Simplicity card which doesn't charge you late fees. Compare the various offers out there to select the card that is right for you.

Consolidate Debt.

If you already have several credit cards and owe money on each one, consider getting a new low interest credit card with a fixed rate. Many will allow you to transfer balances from high interest credit cards -- which are currently charging you 17.9%, 21.9%, or even 24% or more per year -- to their low interest rate credit card for a small fee. You can also ask the new credit card provider to waive their balance transfer fee for even greater savings for you. In addition, some will agree to give to you a low balance transfer rate [for example, 6.9%] for the life of your balance. As you might guess, you can potentially save hundreds of dollars per year with this type of an agreement.

In all cases, if you don't have the lowest rate available, just ask your credit card provider for it. If they are not interested in giving to you a 0% percent rate, start shopping for a new low interest credit card today that is right for you. Take charge of your finances: you have nothing to lose, but plenty of money to gain…what's in your wallet?

More Articles from

Credit Card Interest Rates

Related Articles
Author
Most Popular

•	Apply For Low Interest Credit Card, by Morgan Hamilton
•	Fixed Low Interest Credit Card, by Joseph Hanoa
•	Fixed Low Interest Credit Cards, by Davethewriter
•	Low Fixed Interest Credit Card, by Morgan Hamilton
•	Low Interest Credit Card, by Jon Francis

About Author

Both Joseph Hanoa & Ed Vegliante are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.

Joseph Hanoa has sinced written about articles on various topics from Mortgage, Government Grants and Acid Reflux. Joseph is the proud owner of , a website that willexplain everything you need to know about. Joseph Hanoa's top article generates over 135000 views. to your Favourites.

Ed Vegliante has sinced written about articles on various topics from Credit Cards, Debt Consolidation and Credit Cards. Please view to compare and apply for available online offers. Ed Vegliante runs. Ed Vegliante's top article generates over 110000 views. to your Favourites.

American Home Mortgage Investment Corp
Hold the winners and drop the losers 8211 better still, dont ever catch a loser. You may publish this article in its entirety with the following authors information with live links only.