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Most cards that offer lower interest rates only do so for a short amount of time. Theses are considered incentives to entice customers to change credit cards. The specific terms will vary between companies and are typically different for each card a company offers.
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Is it good to have a low interest credit card?
Yes it would be good to have a low interest credit card. If you are a large spender and cannot pay your debt in a timely manner you would want a low interest credit card.
What is the lowest credit card interest rate?
The lowest credit card interest rate at the moment is 7.8%. The credit card that offers 7.8% is Sainsbury's Nectar Low Rate Credit Card. One can find low interest credit cards from the Money Supermarket website.
What does a low interest rate credit card do?
When something has low interest, that means basically that the payer of that interest doesn't have to pay much. A low interest rate on a credit card basically does the same thing- it gives the card holder a low interest rate over time than a card holder with a normal 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.
What do credit card companies do when you have no credit?
They will offer you a low introductory interest rate which will encourage you to use your credit card.
What is the lowest credit card interest someone can have?
6.99% to 9.99% is what the lowest credit card interest that can be expected is. A card with such low interest can not be expected to come with very many perks.
Is it difficult to obtain a low interest rate credit card with bad credit?
Credit card companies provide people with credit cards on the basis that they will earn money from the interest a customer repays. If you have a history of bad credit it is unlikely that you will be able to own a credit card with a low interest rate, as providing you with a credit card seen as a higher risk to the company providing it.
Can you pay your credit card bill by another credit card?
Yes you can pay your credit card bill by another credit card. It is called balance transfers, you can transfer the balance of another credit card that has a high interest to a credit card that has a low interest. Hopefully this answers your question.
Why would someone use a low interest rate credit card for their business?
Using a low interest credit card for business is beneficial because it keeps ones costs low. Many banks provide low interest credit cards. If a bank refuses, take the custom elsewhere.
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
What is a low rate for a low interest credit card?
When it comes to credit cards, it is a personal view of what is low. For a person with bad credit 10% might be "low" to them. For others 1% to 3% interest might be low. It is always best to read the fine print as a low interest rate might not be so great if the card has lots of fees.
Where would a person find options for a low interest credit card?
There are many options for a low interest credit card. Comparing differenct credit card companies yields information that can help you find a card that is beneficial for you and cheap at the same time. For instance, a search found Citicard and Chase offering 0% interest.
