0
Keep in mind that interest generated by credit cards is a major source of revenue for lenders. That said, lenders are not motivated to extend "low interest" to borrowers (which is what a credit card is: borrowing) except in promotional offers that might extend zero interest for six to twelve months. Go to www.creditcards.com to review the various offerings from lenders.
What else can I help you with?
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 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 good thing about having low interest business credit cards?
Low interest business credit cards have much less low risk than high interest credit cards. Less cost is imposed for the person using the 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 is a good credit card company?
A good credit provider is one who does not nickel and dime you for every transaction you make on the credit card. I would work on your credit first and then try to get a card with a low interest rate and no fee to activate it.
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 company offers a low interest credit card?
Citi and Capital One both offer low-interest credit cards, but be aware: most of these offers are introductory. Interest rates can go up after a year or 18 months. If you have good credit (make all payments on time, etc.), you have a better chance of getting a low-interest card.
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.
What is a good interest rate for a business credit card?
Good interest rates for a business credit card would range anywhere from 0% to 10%. However, most credit card companies offer 0% interest rates for new customers for a few months, then ease into really low interest rates after the few months of the 0% interest rate are up.
