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Which company should I get a low interest rate credit card from?
Wiki User
∙ 10y ago
You may want to consider contacting a local credit union. Credit unions offer services including Credit and Debit Cards or business loans with interest rates significantly lower than national banks!
Wiki User
∙ 10y ago
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Where can one find the interest rates for credit cards?
To find the interest rate on a credit card, one should speak to a representative of the card company. Alternatively, visit the bank of the card, or the company's webpage for information and rates.
How is credit card interest calculated?
Credit card interest in calculated daily. For example, if you have a credit card with 12% apr, you would divide the interest by 12 months. You should always check with your credit card company on how they calculate your credit card interest.
Who should you call if a credit card company listed you as deceased on your credit report?
You should call the credit card company.
Where can one find a credit card that charges no interest?
Depending on the country that one resides in it would be difficult to find a no interest credit card. The company Virgin provides no interest credit cards.
Can you earn interest from a credit card if you have a positive credit account and does the credit company have to pay you interest for borrowing your money?
You cannon earn interest from a credit card if you have a positive credit account. The bank will simply give you a refund if you have overpaid.
What practices by a credit card company results in lower interest charges to the cardholder?
The card company allows a grace period before interest is accrued.
Are there any class action lawsuits against a credit card agency for overcharging interest?
There are maximum interest rates that a credit card company can charge that are set by law, but no credit card company is going to charge more than that. They can raise your interest rate as set out in the terms and conditions they gave you when you applied for the card. Most credit cards have a default interest rate that was communicated to you when you opened the card, which is what they can charge you if you miss payments. It is also required to be put on your monthly statements. You can't sue the credit card company for raising your rates as defined uder the terms of the card.
Can a company charge your credit card without your permission?
No, a company can not charge a credit card without permission. This violation should be reported immediately to your credit card company.
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.
Which credit card company offers the lowest interest rate?
Currently in the USA the credit card that offers the lowest interest rate is the Citibank Clear Platinum Card, offered by the bank Citibank. This card is a Visa Platinum.
Can a credit card company charge over limit late fee's and interest rates on a cancelled card?
no
Can interest paid on credit cards be claimed on taxes?
This would depend on where you live. In the UK, if the items purchased on the credit card were purchased solely for the business then the interest paid to the credit card company until these items were paid off might be considered a business expense. Essentially the business would be paying the credit card company interest for loaning it the money to purchase the business items. In this case proof of the interest accrued should be retained for tax records in addition to the receipts for the items purchased.
