0
Most major credit card's annual percentage rate are about the same. I would stick with either Visa or MasterCard. I would also advice that you stay away from store cards as their interest rates tend to be higher.
What else can I help you with?
Can you close your credit card account and continue to make payments?
No, what usaully takes place is that the credit card company freeze your credit card account and you continue to make payments
How can I make payments that are principal-only on my credit card?
To make principal-only payments on your credit card, you can contact your credit card company and specify that you want the extra payment to go towards the principal balance. This can help you pay off your debt faster and reduce the amount of interest you owe.
Can you describe how credit card interest works in detail?
Credit card interest is the cost you pay for borrowing money from a credit card company. It is calculated as a percentage of the balance you owe on the card. The interest rate is set by the credit card company and can vary based on factors like your credit score. If you don't pay off your full balance each month, interest will be charged on the remaining amount, increasing the total amount you owe. It's important to understand the interest rate and make timely payments to avoid accumulating high levels of debt.
How can I find the interest rate on my credit card?
You can find the interest rate on your credit card by checking your monthly statement, contacting your credit card company, or looking it up online on the company's website.
What is the maximum limit for cash payments using a credit card?
The maximum limit for cash payments using a credit card is typically set by the credit card issuer and can vary depending on the card's terms and conditions. It is important to check with your credit card company to know the specific limit for cash payments.
What company has the lowest interest credit cards?
Interest fees vary depending on the credit card company. Most companies apply interest based on your credit score and credit history. To obtain a lower interest rate, increase your monthly payments or make payments more frequently. The more payments you make the lower your interest will be.
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.
Lowering A Credit Card Payment?
Lowering credit card payments can help save money every month. This can be an important step in controlling expenses for a household. One of the first steps in lowering credit card payments is to call the issuing credit card company and ask for the interest rates to be lowered. Lower interest rates can mean lower monthly payments on accumulated credit card debt. Many times credit card companies will lower interest rates after a number of payments have been made on time to reward long term customers. Once rates have been lowered it is important to not continue to accumulate new debt.
Can you close your credit card account and continue to make payments?
No, what usaully takes place is that the credit card company freeze your credit card account and you continue to make payments
How can I make payments that are principal-only on my credit card?
To make principal-only payments on your credit card, you can contact your credit card company and specify that you want the extra payment to go towards the principal balance. This can help you pay off your debt faster and reduce the amount of interest you owe.
Can you describe how credit card interest works in detail?
Credit card interest is the cost you pay for borrowing money from a credit card company. It is calculated as a percentage of the balance you owe on the card. The interest rate is set by the credit card company and can vary based on factors like your credit score. If you don't pay off your full balance each month, interest will be charged on the remaining amount, increasing the total amount you owe. It's important to understand the interest rate and make timely payments to avoid accumulating high levels of debt.
How can I find the interest rate on my credit card?
You can find the interest rate on your credit card by checking your monthly statement, contacting your credit card company, or looking it up online on the company's website.
What is the maximum limit for cash payments using a credit card?
The maximum limit for cash payments using a credit card is typically set by the credit card issuer and can vary depending on the card's terms and conditions. It is important to check with your credit card company to know the specific limit for cash payments.
How can I make payments on a credit card?
To make payments on a credit card, you can typically do so online through the credit card company's website, through a mobile app, by phone, by mail, or in person at a bank branch. You can choose to pay the full balance or a minimum amount due each month. It's important to make payments on time to avoid late fees and interest charges.
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.
Can a credit card company charge over limit late fee and interest rates on a cancelled card?
Yes they can ! So long as there is an outstanding balance - even if the card has been cancelled - you are required to make the payments the company asks for on or before the date they're due. If you fail to make the payments in due time, they are entitled to charge a late fee and/or interest !
How do you make payments on a credit card?
To make payments on a credit card, you can typically do so online through the credit card company's website, through a mobile app, by mail, or by phone. You can also set up automatic payments to ensure you never miss a payment. It's important to pay at least the minimum amount due by the due date to avoid late fees and interest charges.
