Low Interest Rate Credit Card Reviews
Low Interest Rate Credit Card Reviews
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The First Progress Platinum Elite MasterCard® Secured Credit Card from First Progress helps you establish or rebuild your credit. This is an authentic Platinum MasterCard that does not look at your credit history or credit score. Begin the easy online application and get fast approval to the card that will put you on track to establishing the credit you deserve.
No credit history, no minimum credit score required: Since this is a secured credit card, you can get approved even if you have a limited or less than ideal credit history. Get approved fast and receive your card more quickly by applying online through the new expedited processing option.
Reporting to major credit bureaus: What's great about The First Progress Platinum Elite MasterCard® Secured Credit Card is that your efforts to establish credit will be reported to the three major credit bureaus every month. These monthly reports recognize your attempts to build credit and are important in helping you establish a credit history in good standing.
Refundable security deposit: When you apply, you'll also submit a security deposit between $300 - $2,000. This fully refundable deposit secures your credit line. Once you are a card member and have your balance paid off, you can get your deposit back whenever you close the account.
Platinum MasterCard reputation: As an authentic credit card, The First Progress Platinum Elite MasterCard® Secured Credit Card carries worldwide MasterCard recognition. It's a full-featured Platinum MasterCard® Secured Credit Card good anywhere credit cards are accepted. Whether you're paying for groceries, looking to rent a car, or even booking a hotel, you'll know you're building credit the right way!
The First Progress Platinum Elite MasterCard® Secured Credit Card lets you enjoy a true credit experience, including 24/7 online account access. Remember, there is no credit history or minimum credit score required for approval, making it easy for you to establish the credit you need. The card is part of a nationwide program, so join countless others on their journey to establish credit and apply today for The First Progress Platinum Elite MasterCard® Secured Credit Card!
Low Interest Rate Credit Cards
Low interest credit cards are particularly well suited for people who carry a balance from month to month. Typically these companies look for people with good to strong credit and a solid payment history. With a low interest credit card you can save significant money each month on your payment - which can equate to a lower minimum payment and a faster rate of paying off the initial principal if so desired.
Low interest credit cards typically charge a rate similar to what banks are charged to borrow funds. This can provide you with significant savings over other credit cards. However, if your payment is late or you go over your minimum you can anticipate a potential for the rate to be increased. Careful management of charges and monthly payments are necessary to take continued advantage of lower interest rate credit cards.
The benefits of low interest credit cards can vary from one company to another. When looking for the best low interest credit card, you should consider the following factors:
TopConsumerReviews.com has reviewed and ranked the best low APR credit cards available today. We hope these reviews help you find the right low interest credit card to meet your needs!
Low Interest Rate Credit Cards In The News
That period of super-low interest rates achieved one key outcome: encouraging Americans to borrow, spend, and help grow the economy after the Great Recession. Last June, credit-card debt finally hit a new high. But the share of borrowers who make payments ...
Published: Tue, 22 May 2018 05:24:00 GMT
The Federal Reserve doesn't directly control the rates a business might pay on a credit card, line of credit ... rates are still relatively low, small businesses haven't lost that opportunity to take advantage of low interest rates, especially as the ...
Published: Sun, 20 May 2018 21:17:00 GMT
Rewards cards tend to come with higher interest rates than non-rewards cards. So anyone planning to carry a balance on a credit card should focus on getting the lowest interest rate possible instead of rewards, Ulzheimer says. 4. Will the card tempt you to ...
Published: Sun, 20 May 2018 04:12:00 GMT
But that coincided with an increase in loan losses from historically low levels ... a personal loan at a lower interest rate. Their prime targets are the customers who card issuers want to keep most: those with high credit scores who carry a card balance ...
Published: Wed, 16 May 2018 08:00:00 GMT
While all credit card users covet the lowest interest rates they can get, a good low-rate card such as Lake Michigan Credit Union Prime Platinum is particularly useful for consumers who plan to carry a balance from time to time. What You Need to Know About ...
Published: Thu, 26 Apr 2018 09:44:00 GMT
Costs to attract newer customers are also typically low, with many consumers applying ... Among consumer loans, credit cards typically come with the highest interest rates. JPMorgan Chase & Co. kicked off an arms race in credit-card rewards in 2016 when ...
Published: Tue, 08 May 2018 07:30:00 GMT
CREDIT card customers are being forced to switch to online statements and set-up direct debits just to reduce their monthly costs on a new deal. The nation's biggest bank, the Commonwealth Bank, has quietly rolled out its cheapest-ever interest rate on ...
Published: Sun, 25 Mar 2018 06:06:00 GMT
American Express this week revealed it was dropping the interest rate on their low rate credit card from 11.99 per cent to 8.99 per cent for both new and existing customers. This is the lowest rate on the credit card market. Interest rates have remained ...
Published: Wed, 11 Apr 2018 14:58:00 GMT
If you carry a balance on a credit card, rates and interest charges are more important than virtually everything else -- no foreign transaction fees, rewards, or other perks don't come close. Cardholders who have good or excellent credit can find serious ...
Published: Sun, 05 Nov 2017 05:15:00 GMT
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