A
"low interest credit card" refers to a type of credit card that charges a lower interest rate compared to other credit cards. This means that if you borrow money using this card and don't pay it back right away, you will need to pay less money in interest charges.
Full definition
Before you shop, take a look at your credit cards and see which one offers the lowest interest rate - or consider getting a
new low interest credit card.
Although
low interest credit cards do not typically have rewards programs, if you typically pay your balance in full each month, you can miss out on valuable cash back and travel opportunities.
You'll want to make sure that you are very responsible with the credit card though, as rewards cards typically charge much high interest rates than
traditional low interest credit cards.
With our picks for the best
low interest credit cards on this page, we cover a unique selection of credit cards with low regular interest rates.
The only downside is that you have to have excellent credit to qualify for this card, and if you do, it is the
ideal low interest credit card for you.
Finally, if you own a business and need available credit for operating funds or business purchases, there are plenty of
good Low Interest Credit Cards.
So, I decided to focus more on dividend investing and also borrowed more money
from low interest credit cards (maximum 1.9 % interest) to add more high quality stocks in my portfolio.
In the recent past, low interest credit cards [Read More]
Try low interest credit cards, balance transfer credit cards or even a lending network like Lending Club (for these options, you'll need to have good credit to qualify).