Credit cards are all over the internet but the true question is "What kind of cards is out there that offer low interest?" While a lot of cards offer low interest rates, many don't. I'm going to differentiate what cards have the best rates and which cards don't. There are certain categories that I can tell you that you won't even find a good rate.
Cards that require good credit - Cards like cash back or just about any credit card that will allow you to receive rewards are going to be the cards that you want to look at if you're looking for a low rate. Why is this? Card companies are willing to give these card holders a lower rate because of their credit rating. The companies won't have to worry about the card holder not paying their balance off. The lesson here is to look at cards that require a great credit score.
Don't look here: bad credit - If you have bad credit, you're going to have a hard time finding a card with a low rate. As I explained above, a person with a low score is a risk to the credit card companies and they may know that you won't pay your balance in full. What does this mean for them? They can charge you more interest because they know they are going to get more out of you.
In the end, if you have great credit, you'll have no problem finding a card with a low rate but if your credit is shady, it's going to be awfully hard to find one.
Find low interest credit cards and more of Tom's work all at FINDlowcards.com
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