When choosing a credit card, the interest rate should be the
first thing to consider. Low interest rates only mean one thing:
more savings! The bigger the balance of the account, the bigger
sum of money will be saved. As more money gets saved, more money
gets stored and more interests will roll in the bank account.
Other credit cards companies have reasonable interest rates and
offers more like giving the percentage of money back. The more
money spent on credit, more money will be returned to the card's
user. Most credit cards use 5% on special purchases and 1% on
regular purchases.
Some banks give "Reward Points." These "Reward Points"
accumulate as the credit card is used and it may be exchanged
for certain items catalogued by the bank. Points may be
exchanged for microwaves, cell phones, televisions and the like.
This is yet another great feature to be considered when looking
for a card.
A number of major banks offer low interest rates. A few major
banks would be: Citibank, American express and JP Morgan Chase.
These banks are known to give 0% introductory APR (Annual
Percentage Rate) for 12 months. Most of these cards offer no
annual rates.
Here are some credit cards with low interest rates:
Citi Dividend Platinum Select Card (Citibank):
- it features 0% APR (Annual Percentage Rate) for 12 months - it
rewards the user. The more this card is used, the bigger the
rewards. - earn 5% return from expenses in supermarkets, drug
stores and gas stations. - earn 1% return from other expenses.
Citi Premier Pass Card (Citibank):
- 0% introductory APR. - get points by flying. Every mile gets
you a point.
American Express Blue Card (American Express):
- 3.99% fixed interest rate. - 0% introductory APR for 15 months.
Chase Cash Plus Visa (JP Morgan Chase):
- 0% interest rate for 12 months. - has other cash back promos.
Chase Flexible Rewards Platinum Visa Card (JP Morgan Chase):
- 0% introductory APR for 12 months. - a dollar spent equals a
point. - no annual fee.
Pulaski Bank Visa Master Card:
- 0% on balance transfers for 5 months - 6.99% fixed rate - $35
annual fee
Discover Card:
- 0% APR for the first 10 months. - $0 annual fee. - 9.99% fixed
interest rate.
These cards have the lowest interest rates in the credit card
market today. These cards do not only offer low rates, but they
also give certain rewards for the frequent users of the card.
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