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Friday, February 20, 2009

How Low APR Credit Cards Save You Money

By Al Swearingen

Low APR credit cards are offered to consumers who have very good to excellent credit histories. These cards have low interest rates as the name suggests as well as offering many other benefits which you may think of as a reward for your history of fiscal responsibility. These are the most desirable kind of credit card and offer perks which include:

*Up 5% cash rebates on select goods *No annual fees *0% APR for up to 15 months on some credit cards *Interest rates as low as 7.99% after the intro period has expired *Your choice of rewards categories

These are just a few of the benefits available to the users of these credit cards. If your credit history is string, then you can choose from a lot of different offers. Credit card companies prefer cardholders who pay their bills on time each month and keep their balances to less than 50% of their credit limit. Look at our site map to see many different credit card offers.

Whenever looking at a credit card offer, you should carefully read the terms and conditions along with the perks and benefits. Doing so will help you to get the best low interest rate credit card. All of the major credit card issuers: Chase Manhattan, Discover and American Express, among others offer low APR cards to consumers who meet the necessary qualifications.

So how good is your credit score? If your credit score is excellent or close to excellent, then you can take advantage of the incredible rewards programs that Chase, American Express, Capital One and Discover provide to people who use their credit cards; and a great argument for keeping your credit score high.

Its tough to keep up with all of your payments, making them on time each month " and it can be hard to resist overspending when you have a credit card! Credit card issuers know this too and they show responsible customers how much they value them by offering these low APR credit cards.

As if a low APR wasn't already incentive enough, these offers provide cardholders with rewards programs which improve on an already good thing, such as cash back (sometimes as high a 20%) on select purchases from retailers all over the country and travel rewards. Travel rewards let you earn points which are redeemable for travel expenses such as car rentals, plane tickets, hotels and more!

How good is your credit? Get a copy of your credit report and see for yourself. If your credit is very good to excellent, then you can apply for a low APR credit card and start enjoying the good things you have coming for your wise financial management.

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