Even the standard credit card that has been popular for many years is beginning to offer different options and incentives. Low interest credit cards are cards that are growing by leaps and bounds. With competition for your business so stiff, credit card companies are beginning to offer low introductory interest rates on transferred balances and new purchases for a set period of time.

This can work out quite well for someone who carries a balance on a card that is at a higher interest rate. Before you do anything, though, check out the fine print when applying for a credit card with low interest rates. Once the introductory period has ended, the interest rate will go up. It is your job to know just how high and if any penalties are attached. Continue Reading