Definition of «low interest credit card»

A low-interest credit card is a type of credit card that offers borrowers lower interest rates compared to other types of credit cards. This means that if you carry a balance on your credit card, you will be charged less in interest fees than with a standard credit card. Low-interest credit cards are typically marketed towards consumers who plan to pay off their balances each month and avoid interest charges altogether. These cards may also come with rewards or cashback programs for using the card regularly.

Sentences with «low interest credit card»

  • There are just two main types of low interest credit cards - general low interest and balance transfer. (valuepenguin.com)
  • Many low interest credit cards come with a 0 % introductory APR on purchases. (rewardexpert.com)
  • When you are comparing low interest credit cards, rewards can play a big part in your choice. (rewardexpert.com)
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