It does not matter which type of credit card an individual may be applying for. There is one golden rule that every individual must remember at all times. Credit is something that is only earned and is not given. In this instance, the first rule that an individual needs to learn about credit is that consistency is the key. Be sure to pay any balance on time and in full, a little more if it is possible. Budgeting is a great thing to master. If any individual can budget their money, use the credit card for emergencies only and repay their balance in full or a little more, their credit score will be awesome. The best thing to search for is 0 APR credit card offers and best low APR credit cards.
Just as with any other situation, there are several considerations that need to be made before a credit card of any type is applied for. Consider the fact that being declined is an option. If an individual knows that their credit is less than perfect, like many people’s credit in society today, choosing the correct credit card is essential. In the event that a credit card application is declined, the applicant’s credit score will definitely decrease. Do not apply for the first credit card that shows up on the list. Take the time to find a card that is the most beneficial.
Lowest APR Credit Cards Available Capital One Venture Rewards
A lot of people are surprised to find out that a rewards card is at the start of the list of the lowest APR credit cards available. This card makes the top of the list because it has perks as well as a great rate. Not only does this credit card have a cool rewards program, but it has a variable APR of only 13.9%-20.9%. This credit card is also idea for individuals who enjoy traveling because the Capital One Venture Rewards card has no foreign transaction fees.
Capital One Platinum Prestige
This particular card has an APR of 10.9%-18.9%. The Capital One Platinum Prestige card makes this list because it does not have an annual fee and it does not have any foreign transaction fees. This card is idea for individuals who are sure that they will carry a balance.
PenFed Promise Card
This particular credit card has a shocking APR of only 7.49%as an introductory rate for the amount of three years. With the PenFed Promise Card, the rate will only change twice in one year only if there is an increase in the prime rate. Many people are fond of this particular card because:
- One of the lowest APR’s
- No annual fee
- No foreign transaction fee
- No over credit limit fee
- No cash advance fee
- No penalty APR
A Chase Freedom credit card is yet another option that is available. This particular card has 0% APR as introductory feature. This feature will last for one year and three months. For the applicants that apply, an APR of 12.99% may be available. This card also feature the Blueprint feature, which enables its users to avoid interest charges.
With the BankAmericard Visa, applicants who apply will have several benefits. For the applicants who are qualified, they will receive an APR of 7.74%. Applicants who qualify for this rate tend to qualify for 0% introductory APR. These instances will last for a total of 9 to 12 months. This particular credit card does not have any annual fees.
Simmons First Visa Platinum
The Simmons First Visa Platinum credit card is one that many people are not familiar with. This card offers simplicity. This particular card does not offer any rewards, but there are not any annual fees. This card does not have any introductory rates available. On the awesome side of things, this card offers a rate that is equal to 4% prime plus.