Low Interest Credit Card Offers
By Eva Norlyk Smith, Ph.D.
May 22, 2009
Low interest credit card offers are among the best offers in the business. If you are interested in transferring a balance or simply would like to finance a large purchase on a credit card, this kind of card is for you. Low interest credit cards are also useful if you want to maintain a revolving credit for purchases, cash advances or balance transfers.
Generally speaking, you will find the lowest interest rate offers on credit cards that are designed for those with good credit or who can claim a student status. But whatever your situation, if you are paying more than a reasonable amount of interest, finding a lower interest card is a great way to save. It may be possible to negotiate a lower APR with your creditor. But if a credit card company will not offer you a lower rate, consider applying for a new card with a lower interest rate.
Low interest rate offers may apply to an introductory balance transfer rate, an intro purchase rate, or both. Most introductory rates range anywhere from 0 percent to 3.99 percent annually. After the introductory period, many cardholders enjoy APRs below 12 percent.
Check the terms and conditions of a credit card carefully. With a fixed APR, your rate won’t change (and if the credit card company wishes to change your rate, they must notify you first). With a variable APR, your rate may change periodically. This rate is usually closely linked to the national prime rate; when it changes, yours may too. If you plan on carrying a balance, a fixed rate is often the best way to go.
Today, there are plenty of great low interest credit card offers to choose from. We have collected many of the best credit card offers here on this site – enjoy browsing. Now is the perfect time to take advantage of a low interest credit card offer.