Have you ever had one of those days where bill collectors were getting on your nerves and you didn't know what to do? You though, "if I had a credit card on hand, it would take care of my debt problems!" And then you probably thought ".if only I applied for a credit card."

I am going to provide you with a small list of the cheapest credit cards available (in terms of annual fees and interest rates), as well as some credit debt consolidation counseling.

The rate of interest on a credit card is one of the chief factors you should focus on when considering a credit card. High rates of interest can lead to higher bills, which is why you should always look for cards with the lowest rates, especially if you plan to transfer debt to the card.

Citi® Platinum Select® Card, for instance, offers 0% APR for nine months, and 9.49 APR after the introduction period. Chase Platinum Visa®/MasterCard®, a comparable competitor card, offers 0% APR for six months and as low as 8.74 APR after the introduction trial.

Discover® Platinum Cards each offer 0% Introductory APR for 6 or 12 months with fees as low as 7.99% after the introductory period has ended. And AT&T even has its own card now. AT&T Universal Platinum MasterCard® offers 0% APR for 12 to 15 months with a 9.49 APR after the introductory period.

Citi, in addition to their Citi® Platinum Select® Card, has a variety of credit cards that offer various rates. Some of their cards may offer a cash back program, which provides you a source of debt consolidation.

Citi® Driver's Edge® Platinum Select offers 0% APR for 12 months and even allows you to earn 5% rebates on purchases for nine months and then 1% thereafter. Citi® Dividend Platinum Select® offers 0% APR for 9 months and you can earn 5% cash back at supermarkets, drugstores, and gas stations. You can earn an additional 1% on all other purchases.

No matter which credit card company you choose, you should sign on with their cheapest credit card with the cheapest interest rates for consolidating debt.

About the Author: Kirsten Hawkins is a finance and credit expert from Nashville, TN. Visit http://www.creditcardnews.org/ for more information on credit repair and financing.

Source: www.isnare.com