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How 0% APR or low interest credit cards can save you money on interest rate expenses

Compare Low Interest Credit CardsMany 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 the best low interest credit cards to compare low APR credit card offers side by side.

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In Legal, Regulatory, and Privacy Issues

Saving on interest expenses with low-interest and 0 percent APR credit cards

Find out how you can save money with low interest credit cards and introductory rates at CreditCards.com

Published: October 18, 2005

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Credit Card Rate Report Updated: May 23rd, 2019
Business
15.61%
Airline
17.50%
Cash Back
17.60%
Reward
17.62%
Student
17.79%

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