When looking for a low rate credit card offer, you must assess several factors. Certainly, the rock-bottom rate is your primary objective, but do make sure that this rate is permanent, and not an introductory offer that becomes a higher than normal rate of interest once the introductory time period has elapsed.
You can probably find more than one low rate credit card offer with a little bit of online research. Additionally, you will have to use other criteria to determine your best offer. If you travel a lot for work or pleasure, a charge card bonus that includes points towards flight discounts might appeal.
If you enjoy local entertainment and dining, perhaps a local bank that rewards you with coupons towards retail stores, restaurants and movie tickets might be your best choice. Some of these charge card offers include the opportunity to convert your points into cash deposited back to your bank account as well. That can be nice if you are pinching pennies in this economy.
Another appealing charge card offer might be the ability to transfer the balance on another high rate card to this new discount card. That can save you some big money if your current balance is high.
Current low rate card promotions include three percent cash back on grocery, gas and drugstore purchases for the first six months you use the card, with all other purchases earning one percent cash back for the same time period. Another is even more attractive, giving its cardholders 5 percent cash back each quarter for card purchases that include retail stores, home improvement stores, and gas stations. While this charge card company caps the quarterly payout, the cash back offer is ongoing.
One innovative bank offers rewards to its cardholders when they use their cards to pay their mortgages held by that bank. Several card companies have waived their annual fee - an attractive bonus when these fees can run anywhere from $15 to $300. Another card company, with frequent flyer customers in mind, lets its cardholders redeem airline miles booked with that card for future airline tickets, hotel room stays and car rentals.
As you explore the low rate credit card offer that is the best for you, be sure to look beyond that low rate. Check to see if the rate expires, and if so what rate you will then be charged. Find out what annual fee you will have to pay, and how many reward points you can earn for what types of transactions. A lot of factors go into determining the best offer for you.
You can probably find more than one low rate credit card offer with a little bit of online research. Additionally, you will have to use other criteria to determine your best offer. If you travel a lot for work or pleasure, a charge card bonus that includes points towards flight discounts might appeal.
Another appealing charge card offer might be the ability to transfer the balance on another high rate card to this new discount card. That can save you some big money if your current balance is high.
Current low rate card promotions include three percent cash back on grocery, gas and drugstore purchases for the first six months you use the card, with all other purchases earning one percent cash back for the same time period. Another is even more attractive, giving its cardholders 5 percent cash back each quarter for card purchases that include retail stores, home improvement stores, and gas stations. While this charge card company caps the quarterly payout, the cash back offer is ongoing.
One innovative bank offers rewards to its cardholders when they use their cards to pay their mortgages held by that bank. Several card companies have waived their annual fee - an attractive bonus when these fees can run anywhere from $15 to $300. Another card company, with frequent flyer customers in mind, lets its cardholders redeem airline miles booked with that card for future airline tickets, hotel room stays and car rentals.
As you explore the low rate credit card offer that is the best for you, be sure to look beyond that low rate. Check to see if the rate expires, and if so what rate you will then be charged. Find out what annual fee you will have to pay, and how many reward points you can earn for what types of transactions. A lot of factors go into determining the best offer for you.
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