Why fixed low interest
credit cards might be right for you!
Many times, credit card companies offer a low "introductory"
rate that will give you a low interest rate on a credit card for
only a short period of time, usually 6 months. After that time the
low introductory rate goes up to a higher fixed interest rate. The
low introductory interest rates sometimes appear really good, but
might actually cost you in the end. If you are planning to pay off
the balance before the introductory rate expires, then credit cards
with a low introductory APR or low interest rate can actually save
you money.
However, if you plan to own a credit card for an extended period
of time then a fixed low interest rate credit card might be right
for you. With a fixed low APR credit card you know what your interest
rate will be.
See also low interest credit cards
to compare low apr credit card offers side by side.
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