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Guide to Low Interest Rate Credit Cards

If you are looking for a credit card with a low rate, the rate you get will depend on your credit. Having said that, here is a list of credit cards with the lowest rates. We arbitrarily listed those that had an apr of prime rate plus 3.99% or lower (otherwise the list will never end). We also highlight the one with the lowest rate at the moment.

Recommended Low Interest Credit Card

advanta credit card
At present, the credit card with the lowest apr is the Advanta Platinum BusinessCard with Rewards. The apr is prime rate plus 0.24%.

Furthermore, it has a 0% balance transfer offer for 15 months, longer than all other credit cards. Though this is a business credit card, you can still apply for it as a sole proprietor. Just use your name instead of a business name and your social security number instead of a tax id number.

Credit cards with rates at prime rate plus 3.99% or lower

Card Rate Annual Fee
Advanta Platinum with Rewards Prime Rate plus 0.24% No annual fee
Pulaski Bank Mastercard or Visa® 7.99% (fixed) $35.00
Pulaski Bank Visa® Gold 9.50% (fixed) No annual fee
Bank of America Visa® Signature with WorldPoints 9.90% or 15.99% (fixed) No annual fee
Bank of America World Mastercard with WorldPoints 9.9% or 15.99% (fixed) No annual fee
Bank of America WorldPoints Platinum Plus Mastercard 9.90% or 15.99% (fixed) No annual fee
Bank of America Rewards American Express Card 9.90% (fixed) No annual fee
Wells Fargo Prime Rate Visa P+0% $19.00
Wachovia Visa® P+1.99% to 11.99% No annual fee
Discover® Platinum Card P+2.74% to 9.74% No annual fee
Discover® Platinum Gas Card P+2.74% to 9.74% No annual fee
Citi® Platinum Select® Card As low as P+5.49% No annual fee
Citi® Diamond Preferred® Card As low as P+5.49% No annual fee
Anne Geddes Visa® Platinum P+2.99% to 9.99% No annual fee
Make-a-Wish® Visa® Platinum P+2.99% to 9.99% No annual fee
Pet RewardsTM Visa® P+2.99% to 9.99% No annual fee
Citi® Home Rebate Platinum Select® MasterCard® P+3.99% No annual fee
IN:NYC® Card from American Express As Low as P+3.99% No annual fee
IN:LA® Card from American Express As Low as P+3.99% No annual fee
IN:CHICAGO® Card from American Express As Low as P+3.99% No annual fee
Bank of America Visa® Platinum P+3.99% to 12.99% No annual fee
Money Return Visa® P+3.99% to 12.99% No annual fee
EfectivaTM Visa® P+3.99% to 12.99% No annual fee
US Bank Visa® Platinum P+3.99% to 14.99% No annual fee
National City Bank Elite Visa® P+3.99% to 12.99% No annual fee
National City Bank Diamond Edition Elite Visa® P+3.99% to 12.99% No annual fee



You might also be interested in the following articles

How the 2-cycle average daily balance method affects your finance charges?
Find out how the various methods of computing monthly balances can affect your finance charges. Depending on your spending habits or whether you are in the process of reducing your credit card debt, understanding this will help you choose the right credit card.

What is your real effective interest rate on your credit card?
Most do not realize that the apr is not the true interest rate you are paying on your loans or credit card balances. The real effective rate depends on whether one's credit card uses the "monthly periodic rate" or the "daily periodic rate" to calculate finance charges. Find out how this work.










 
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