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- Credit Card News
- Personal Finance
- Saving Money
- Investing 101
- Credit Care
- Surviving Bankruptcy
- Low Interest Rate Credit Cards
Best Card to Build Credit? Secured Card vs.Debit Cards
Unless you are among the unbanked or underbanked in America, those who by choice or circumstance don’t show up on the banking grid, you have come to realize that it is virtually impossible to get through life without the use of plastic. You need a credit card to make purchases online, to book travel, and [...]
Credit Card vs Debit Card: Which Card is the Smartest Choice?
Credit card vs debit card which do you think is the smartest choice? Ever since the financial crisis, consumers have turned over a new leaf with regards to their use of credit, which is why debit card usage has skyrocketed in the last few years. For many people it was out of necessity, as their credit [...]
European Debt Crisis: What Effect Will it Have on Credit Card Rates?
For much of the last couple of years, most of us have paid little attention to the brewing financial problems of Europe, not because they weren’t that significant, but primarily because we have our own problems here at home. Although we are still neck deep in debt, deficit and recession worries, it’s becoming increasingly difficult [...]
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Credit Union vs Bank: Is Now the Time to Make a Switch?
Credit Union vs Bank? Consumers won a major battle against the banks this year when they forced them to retreat on their proposed debit card fees. But, they are nowhere near winning the war against the constant barrage of bank fees and charges. The banks, which are in business to generate profits for their shareholders, [...]
The Green Economy: Winners and Losers in the Green Energy Push
Don’t get me wrong, I’m all for “green” energy, and a green economy. I would like nothing more than to fry up a batch of fries then pour the residue oil into my biofuel-fed car. I’d put up a wind powered generator if I could because, not only would it power my coffee maker, it [...]
Types of Banks: Which Type of Bank Best Suits You?
Thinking about changing banks? Take a minute to look and compare the most popular types of banks that offer unique service and features. The major banks have had a rough few years since the financial meltdown, and now it seems as though they are taking it out on us with additional and higher fees. Not [...]
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The Emotions of Personal Finance
If any good came out of the financial crisis and the Great Recession, it’s that it made many of us become more financially literate and more aware of the need to pay attention to our finances. We now think before making purchases and we are better at prioritizing our expenditures. We certainly understand our credit [...]
Never, Ever Let Your Credit Card Rewards Points Expire Again.
There’s nothing more maddening than checking your credit card rewards balance only to learn that they have expired or are about to expire before you have a reasonable chance to use them. According to a study done by Synovate, a market research firm, only a quarter of eligible cardholders redeemed points in 2010. That means [...]
Extreme Couponing: The Hype and Myths
I have a confession to make. I’m a coupon clipper, but it hasn’t led to extreme couponing, yet. My friends and family know that I’m a proud coupon clipper, and because I’m not shy about sharing my shopping exploits, they know that I’m pretty good at it. Based on a typical family budget, I should [...]
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Self Employed Retirement Plan Options
Entrepreneurs and self-employed people devote an untold number of hours towards their business, wearing multiple hats and juggling an infinite number of tasks. For many, their business is their future security which is why they are willing to spend so much time working in it. Because of that, and the fact that most business owners [...]
Stock Market in 2012: What to Expect and How to Prepare for Returns
I’m not about to make any stock market predictions for the New Year, but one thing I can say with nearly 100% certainty is that there will be more uncertainty. If all we could count on is “more of the same”, we might even find comfort in that. After all, we now know what it [...]
Benchmarking Mutual Funds: Are You Missing the Mark?
As the wild stock market gyrations continue, investors are reawakening to the performance benchmarks of their mutual funds to see if their fund choices are at least doing better than the market indexes. With most actively managed mutual funds underperforming the current market, investors are, once again, feverishly moving their funds out of stock funds [...]
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Statute of Limitations on Debt: How Old Debt Can Come Back to Haunt You
Many people who now live financially responsible lives, have had their past come back to haunt them. After years of paying bills on time, building up their credit scores, and qualifying for mortgages, they might receive a call one day from a collections agency informing them of an outstanding debt – from 10 years ago! [...]
How Far Can Creditors Go Under the New Credit Card Protection Act?
After a three year lull in the credit card industry, offers are starting to flood consumers’ mailboxes ,and people who have been on the sidelines as far as credit card use are starting to bite on them. For people who got into trouble with past credit card usage, it would be a wise thing to, [...]
Car Dealer Scams – Don’t Become a Victim When Financing a Car
Car dealer scams, particularly financing, has become more prevalent in recent years. As if the car buying experience wasn’t bad enough, it has become a nightmare for many unwitting car buyers who, for one reason or another, aren’t able to use conventional means to finance their purchase. Along with the dozens of other scams that have proliferated in [...]
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Avoiding Foreclosure: Steps to Take When You Miss a Payment
Unfortunately, the prospect of a foreclosure has become all too real for tens of thousands of people. And, the fact that there are still thousands of pending foreclosures is a partial cause of depressed home prices which threatens even more people when their homes become upside down in their mortgages. Avoiding foreclosure may not be easy in some circumstances, however in most cases it can be done if you take the right steps.
Life After Bankruptcy – The Road to Post-Bankruptcy Financial Planning
Clearly bankruptcy is not a destination on anybody’s financial map, but it’s where you could end up when you encounter roadblocks and your life is detoured by the unexpected. So, everyone who arrives at bankruptcy takes a different path, but the road back to financial health and prosperity has but one starting point and with it the opportunity to map out a new financial future.
Starting Over With Credit Cards
Coming to terms with a bankruptcy becomes much easier for people when they view it as a clean slate, which is really what it is. In fact, it is intended to give people a chance to start anew with a fresh opportunity to build a secure financial life unencumbered by the weight of past hardships.
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5 Things to Look for in
Low Interest Rate Credit Cards
For those with good credit, finding the best credit line available is key to saving money and using credit wisely. However, not all offers from lenders are the same.
If you want low interest rate credit cards that are the best possible offer for you, you have to look at the details of any offer you receive.
Often times, it is the small differences that make the biggest impact on the way that you use your card. |
| Check out the following five things to look for when you are searching for the best low interest rate credit card offer available. Keep in mind that these offers are often associated with those who have good credit or better and may not be available to those with less than ideal credit.
1) A lower interest rate is key. When you compare low interest rate credit cards, you want to look for the lender that is going to offer you the best possible interest rate. It pays to compare several lines of credit to find out which offers the best rate available
2) Fees may be applied. Even though you have a better credit score than others, some lenders still charge fees to you. However, not all do.
You should not be under the assumption that you have to pay costly membership or annual fees to lenders. There are lenders that do not charge these fees to qualified borrowers.
3) Check out the grace period. The grace period of any line of credit is the time between when the monthly cycle ends and the time you have to pay your balance without incurring any interest charges.
The longer this cycle is, the better since it gives you more time to pay down the borrowed money each month.
4) Read the details of the rewards program. First, ask yourself, will I use this rewards program? Those with good credit often get trapped into these rewards programs and never redeem the points earned, making them worthless.
Keep in mind that unless you are going to use them, these lines of credit could offer you a higher interest rate than those programs without a rewards program.
5) Watch out for introductory periods with low interest rate credit cards that do not provide long term benefits. A variety of introductory offers are out there and they are alluring reasons to switch from one company to the next, but you do need to take into consideration what the interest rate, fees and terms of the credit card are after that introductory period expires.
Lenders are required to provide you with all of these details before you apply for the credit line. Therefore, all you have to do is to compare one low interest rate credit card to the next to find out which one can offer you the best overall product.
When you do that, you may see a substantial increase in the benefits offered to you across the board. Why pay more if you have good credit? Why not get the best offer possible? These are options available to you, after all. |
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Best in Class Cards
