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Sunday, March 1, 2009

How Low APR Credit Cards Save You Money

By Seth Bullock

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.

Any time youre looking at credit card offers, you should make a point of thoroughly reading the terms and conditions of the card (the perks may be great, but read the fine print too!). This helps you decide on the low APR credit card which most closely meets your needs. All of the major card issuers, such as Discover, American Express and Chase Manhattan offer low APR credit cards to those who meet their criteria.

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.

Other than the low interest rates they offer, these cards also provide rewards which sweeten the pot; these include cash back of up to 20% on select purchases at certain retailers nationwide and travel rewards. These travel rewards are an especially useful program " you can earn points towards travel expenses like hotels, plane tickets, car rentals and more.

Do you have a good credit history? Request a copy of your credit report to find out. If your credit is very good to excellent, then you can apply for a low interest credit card and reap the rewards you have coming for your responsible credit management.

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