Low Interest Cash Back - Credit Card

Why Get a Low Interest Credit Card?

Why should you be concerned about the interest rate? Many consumers are advised to pay off their monthly balances in full to avoid the additional APR. However, even if your goal is to pay off your charges in full, unexpected circumstances may force you to submit only the minimum due and carry over your balance to the next month. When this happens, your bill can increase by 14% or more because of the interest.

Even worse, your credit card company may increase your interest rate by as much as 25% to 30% because of late payments. The changes in the Prime Rate can also dramatically affect your credit card’s APR at any time. Clearly, getting a credit card with a low APR can protect you from the risk of bad debt.

Low Interest Credit Card Offers

If you search online, you can find viable credit cards with low interest rate offers. Nevertheless, aside from having a low APR, look for credit cards with no annual fee and low transaction charges. You can find the best deals only if you take the time to shop around. One example for low interest cash back credit card is: Blue From American Express. Check out other low interest card in our: list of the best low interest rate credit cards in the market.

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