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So that the banks can make a profit from lending the money. Banks can reward responsible customers with better rates. The interest rate is also used to attract new customers to their products.

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Q: Why should there be any interest rate on credit cards?
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Are there any credit cards available with a permanent 0% interest rate?

No, there are no credit cards available with a permanent 0% interest rate. You can however get the low interest rates one at www.which4u.com.au/credit-cards/lowest-interest-rate -


Where can someone find credit cards that have a zero interest rate?

There are several places where someone can go to find credit cards that have a zero interest rate. Websites such as, creditcards, and comparecards, both list credit cards that have a zero interest rate.


What are some low interest rate credit cards?

There are many different low interest rate credit cards. The most popular low interest rate credit cards are the Citi Diamond Preferred Card, the Discover it card, and Slate from Chase.


Which company provides low interest rate credit cards?

Capital one currently provide the lowest interest rate on their credit cards. Their credit cards interest start from 1.25% whilst sainsburys is offering 7.8%


Where can one find low interest rate credit cards?

One can find low interest rate credit cards by consulting with their personal banker. They will be able to advise you on the types of credit cards available and which low interest credit card would be most suitable for you.


what is a good rate for business credit card?

I am sure no credit card provide low interest rates, they are all high rates on both business or individual credit cards. Check out this site, they provide comparison of low interest rate credit cards. http://www.creditcardfinder.com.au/low-interest-rate-credit-cards


Where can one find credit cards with a low interest rate in the UK?

One can find credit cards with a low interest rate in the UK by visiting the MoneySavingExpert website. This website has a dedicated section about credit cards and lists all the ones with low interest rates.


What is the best interest rate for online credit cards?

You can use certain comparison websites or programs to find the best interest rate for online credit cards. They often specify which one is the best interest rate on their main site.


Where can you find low interest rate credit cards?

Online credit companies have several low interest rate credit cards, or you can try a bank such as Capital One Citi financial. Many banks offer low interest rate credit cards as long as you keep the payments up to date, and manage your money wisely.


What are some bank credit cards with a low interest rate?

Some bank credit cards with a low interest rate include Bank of America. Citi is also one that you could find that would have a low interest rate on their company.


Where can I learn more about no interest credit cards?

Please go to www.creditcards.com. On this website, you will be able to see what no interest rate credit cards are currently available to you.


For a person of average credit would American Express have a lower interest rate than other credit cards?

Yes, they will have a lower interest rate for someone of average credit. Most cards have around 2.5% interest while American Express has 1.9%.