Tips for Finding the Best Credit Card Rates
If you are interested in getting a credit card, you probably
want the best rate you can get. There are a lot of different
credit card companies that offer varying rates. In order for you
to decide which credit card company to select, you should look
at who has the best credit card rates. There are many ways to
discover the best credit card rates. Let us look into some ways
for you to do this.
You can compare credit card rates by calling various credit card
companies and asking them about their credit car rates. This can
be time consuming however. The best way to compare credit card
rates is to go online. There are many websites that offer you
ways to do this. One website you may consider looking at is
comparecc.com. This website lists several credit card companies
and all of their credit card rates.
When you first go online and start comparing rates, first look
at the introductory APR. This is the APR you will first pay when
you first get the card. Some credit card companies offer a low
APR for the first 12 months,while others offer no low
introductory APR at all. If you happen to be lucky, and if you
have good credit, some credit card companies will offer no APR
for 12 months!
Next, when comparing credit card rates you should see what the
rate is after your introductory rate. Some are 9.9 percent,
while others jump to 20.99 percent. Some credit card rates even
skyrocket to 29.99 percent. Now a card like this is hardly worth
it in the end. So try to get a credit card that has a low APR
rate the entire time you have the card.
Lastly, when you compare credit card rates, be sure to find out
if the rate is in fact an APR (annual percentage rate) or a
variable or daily rate. The variable or daily rate will end up
costing you more in the end because the percentage rate often
fluctuates day to day. This can also mean you are charged on a
daily rate as well. Be very wary of these kinds of credit cards.
They will get you into debt faster than anything. This is how
you can discover the best credit card rates. Be careful and take
your time before choosing a credit card. There is no need to
jump for the first credit card you see. If you are wise and
patient, you can get a credit card that has the best credit card
rates available. This way you can have more peace of mind and
perhaps feel better about your decision.