Ask For Low Interest Credit Cards
There are tons of credit cards available to all consumers who have some sort of credit, but there are many that can save you money. All you have to do is ask for low interest credit cards from your creditors. They certainly will not knock on your door to offer them to you when you're already a good paying client. So, don't sit back and wait for them to contact you, instead submit your application online or call them on the phone.
There are reasons why it will not offer you these low interest rate cards when you are already a customer. The main one being that you are a current customer of theirs and you're paying higher interest rates, which means that you are making them more money.
Of course, the only time they will offer it to you is if you threaten to leave them for another competitor. It goes without saying that, especially in the United States where the competition is fierce, credit card companies will do anything they can to get your business.
Credit cards make these companies a huge amount of money in various ways, not only with the credit card holder being charged high interest rates, there are also administration fees and other charges including late fees, annual fees that certain credit cards carry and many more.
Besides the credit card holder, the merchant is also charged in every transaction, depending on the credit card being swiped, up to 5% of the value of the transaction is charged back to the store or merchant.
With regards to low interest credit cards, the most important factor that creditors will judge their decision on, prior to giving you these privilege cards, is the credit report of the individual cardholder. If someone holds a fair or poor credit rating, chances are that you will be refused the opportunity to benefit from these cards. And, even if you are granted any low APR credit cards, your privilege may be lost if you fail to make your payments by the due date.
The bottom line is, if you have good credit then exercise your right to get lower rates. You've earned it and you deserve it, and many creditors will give it to you. Do your homework and find the right card for the way in which you plan on using it. For example, if you never carry a balance on a credit card, perhaps other types of bonus cards would be better for you.
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For more information and tips on low interest credit cards, zero interest credit cards and student credit cards visit Credit Card Offer