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How to Find a Low Interest Credit Card



Favorable rates and lucrative offers make low interest credit cards a preferable choice of many customers. If you have a good credit standing, providers will compete to win you over, letting you choose among their best financial products.

Finding low interest credit card

RBC Visa Classic Low Rate Option credit card is perfect for clients who want to avoid high interest while maintaining a balance on their account. It comes with 11.99% rate and $20 annual fee. The TD Emerald Visa Card is a low rate credit card - 12.75% and $25 annual fee. The Capital One Gold Mastercard is a great option for people who maintain a monthly balance, make an effort to save money on interest. With 9.99% interest and $49 annual fee this credit card is very good option.

Regardless of your credit score, you have to do some research. There is a large variety of credit cards offered by some well-known banking institutions such as RBC, BMO, CIBC and TD Bank. Interest rates vary depending on the bank or credit card company of your choice.

In addition, there are no interest credit cards with 0 percent intro APR. Capital One VentureOne Rewards Credit Card, for example, comes with an intro APR of 0, regular APR of 13.9 percent, no annual fee, and an option to make balance transfers. Only individuals with excellent credit history are subject to approval. Card holders get 1.25 miles per dollar in purchases, and miles can be redeemed for hotel rooms, airline tickets, car rentals, and more. No foreign transaction fees apply, and there is no limit on the miles that can be earned.

Nowadays, you are more likely to find credit card offers with favorable terms and conditions due to competition for customers.

Who Qualifies for a Low Interest Credit Card?

Not all clients qualify for a low interest credit card. First timers or consumers with no credit history normally fall in this group. If this is the card of your choice, give a boost to your credit score before you apply. The same is valid for individuals with troubled financial past and a tarnished credit score. A secured credit card may be a more reasonable option.

Benefits of Low Interest Credit Card

Many of the credit card companies offer good introductory rates. In fact, some credit cards go with 0 percent on new purchases and balance transfers for a set period of time. For the intelligent holder, low interest credit cards are undoubtedly a perfect choice.