0 Apr Credit

Zero Interest Credit Cards

2007-11-12T05:11:17-08:00

Zero Interest Credit Cards

There are many different types of credit cards to choose from including low interest, balance transfer, instant approval, reward, airline, corporate, prepaid, and even student credit cards. Obviously, you consider many factors when determining the best offer for you.

Chief among these factors are all the different rates associated with each offer including the APR (annual percentage rate), the annual fee if there is one as well as other cardholder benefits.

Bear in mind

- Low interest credit cards have either a low APR or a low introductory APR. A low interest rate credit card can be a good choice for people who tend to either leave an outstanding balance on their credit cards or tend to pay their bills late.

- Low interest credit cards can also help save money by reducing interest and finance charges.

- Cardholders who tend to carry an outstanding balance on a credit card with a high interest rate may also benefit by applying for a low interest credit card for balance transfers. Simply put, with balance transfer credit cards, you can transfer a balance from an existing high interest credit card to a low 0% APR interest rate credit card.

Benefits that 0% cards should include

- There ought to be 0% introductory APR for at least the first 12 months and no annual fee. A typical example would be the HSBC Bank Platinum MasterCard

- special schemes like a rebate program, whereby cardholders earn a cash award that varies according to the amount spent annually. For instance, a cardholder may be awarded a 0.25% rebate for the first $1,000; 0.5% for amounts over $1,000 and up to $3,000; and 1.5% for purchases over $3,000 up to $10,000. An additional rebate may be added for any billing period in which the account carries a balance, so that only those who spend up to $10,000 a year and carry a balance will be able to take advantage of the 2% cash back rebate. A good example of this is the Chase Bank Cash Plus Visa

- If you have a good credit history, the introductory rate for purchases should be long-term, say 15 months.

- Look for benefits like purchase protection, smart card technology, discounts at certain merchants and retailers, a year-end financial statement, and various travel and emergency assistance services.

- Watch out for schemes like optional free rewards programs. For every dollar spent on your card, for example, you earn one point. Earned points can be applied to a variety of services and products. There is no yearly limit or expiration on points earned. As an example, Blue from American Express offers you this benefit. Looks like a good deal

- Several zero interest cards offer merchandise rewards on items such as toys, DVDs, clothing, jewelry, household items and gifts. You can also receive travel rewards on items such as theme park tickets, hotel stays, and cruises. Plus, of course, there will be 0% introductory APR for a certain period on card purchases and balance transfers.

- There are cards that offer a 0% introductory APR on purchases and balance transfers for up to 12 months, a high credit limit and no annual fees. You can also get a customized card with your business name plus online account management benefits

- Many card companies offer zero interest cards for those with â�?��?bad creditâ�?� . So you can spend within limits and re-establish your credit. Usually, such cards do not run credit checks and avoid credit turndowns. There is also usually no application fee involved. Moreover, on-time payments are reported to one or more than one major credit bureaus on a regular basis.

- Other cards offer unsecured cash advance loans up to a certain amount. Along with that, there may be offers of â�?��?guaranteed emergency cashâ�?� that you never have to pay back, and guarantees of no turndowns, no annual fees and no credit checks

However, it is important to read the fine print before you make a decision, so that you arenâ�?��?�t caught in a loophole later!

Everything About 0% Intro Rate Credit Cards

2007-11-12T05:10:45-08:00

Everything About 0% Intro Rate Credit Cards

Everything About 0% Intro Rate Credit Cards

Tired of reading review after review about 0% APR intro rate credit cards? Having no luck when it comes to finding an all-in-one-review about 0% APR intro rate credit cards? Confused with what youâ�?��?�ve read so far about 0% APR intro rate credit cards because everything seems to be contradictory? Well, look no more because this article is indeed what youâ�?��?�re looking for.

In here, youâ�?��?�ll learn everything you want to know about 0% APR intro rate credit cards. In this article, you may also discover more than you bargained about 0% APR intro rate credit cards â�?�" in a good way, of course. Ready for Lesson Number One about 0% APR intro rate credit cards? Well, here goes.

Itâ�?��?�s True â�?�" Yes, 0% APR intro rate credit cards do exist and if we have our way about it, youâ�?��?�ll be one of the lucky people to qualify for a 0% APR intro rate credit cards.

The Application Process â�?�" Applying for any credit card, whether itâ�?��?�s for 0% APR intro rate credit cards or for credit cards offering reward points is always a tad difficult so donâ�?��?�t expect overnight success, especially since youâ�?��?�re angling for 0% APR intro rates.

The application process for a 0% APR intro rate credit card starts with submitting the necessary documents â�?�" this is SOP for all credit card applications â�?�" that would substantiate your contact details and give them an overview about your present financial status. Upon submission of the usual documents, depending on your income level and credit reputation, you may be contacted by the credit company and asked to submit additional documents.

The Qualifications for 0% APR intro rate credit cards â�?�" Basically, if you want to have 0% APR intro rate, you must have a squeaky clean credit reputation. That means having a reputation of paying debts promptly, not owing too much from the bank, not having high balances on your other credit cards, not having too much mortgages under your name and not having so many people requiring a credit check on you.

If youâ�?��?�re not sure whether you qualify for a 0% APR intro rate credit card, simply approach the nearest credit bureau and request for a copy of your credit report. The details in your credit report can easily tell you if youâ�?��?�ve a good shot of owning a 0% APR intro rate credit card or not. People with FICO scores equal to 650 or more are more or less guaranteed of having their application approved.

Michael Colucci is a technical writer for http://www.low-interest-creditcards.org - A site that offers credit cards with an intro rate of 0% for 12-15 months.

(You are granted the right to reprint this article but the title and content must remain unchanged and the authors name and

Choosing a No Annual Fee Credit Card

2007-11-12T05:10:14-08:00

Choosing a No Annual Fee Credit Card

Choosing a No Annual Fee Credit Card

The bulk of lending institutions now offer no annual fee credit cards to entice prospective clients. Picking a card with no annual fee can save you loads of cash. Don't accept the first offer you receive though. Picking the right card can be tricky and being aware of what type of agreement you are getting into is vital.

Suggestions for Picking the Right No Annual Fee Credit Card

Everything you need to know about a specific credit card and its policies can be found either on their website or in the fine print included with the card. As a conscientous card-holder, you should know the terms you are agreeing to.

Read the contract every time. Though the information regarding your card's account terms may read like nonsense, it is vital to read through it. The contract often includes the crucial elements about your credit agreement, including any additional fees you may otherwise not be aware of.

Institutions also update these agreements from time to time and send the new copy with your bill. Take some time to read about the changes in the agreement to avoid paying extra fees.

Know that over time the interest rate of your no fee credit card may go up by 10% or more. Introductory rates look good and work well to draw new in clients. Just know that this usually means there could possibly be a significant increase in the interest rate in the future.

Make sure you know the policy on late fees. Some institutions charge as much as $39 for a late fee, which makes up for them not charging an annual fee. Many institutions also have a policy that the low interest rate is only locked in as long as payments are made before the deadline. Late payments could result in an increase in your interest rate. Read the company's policy on over the limit fees they can snowball if left unrestricted. A late fee could possibly be all it takes to put you over your limit and without making a purchase you could owe an additional $80 to bring your credit card below your credit limit again.

Check to see if the institution offers any type of rewards like airline miles, merchandise perks, insurance, balance transfers, gas rewards or a cash back reward system for using the card.

Great No Annual Fee Credit Cards

All cards have different terms. Carefully look over all of your options to choose which one would work best for your financial situation and spending style. The right no fee credit card can help save you money.

Chase Bank has a Platinum Business Card that has an introductory rate of 0% with no annual fee and the APR is only 12.24%.

The Discover Business Card has a rate of 13.99%, no annual fee and cash bank rewards.

Citi Bank has the CitiBusiness Card that has a low APR of 10.74%, no annual fee, merchandise discounts and a 0% introductory offer.

The American Express Simply Cash Business Card has no annual fee, unlimited cash back bonuses for purchases made with the card, a 0% introductory rate and a very low 8.25% APR.

The Tales of the 0% APR Credit Card

2007-11-12T05:09:36-08:00

The Tales of the 0% APR Credit Card

The Tales of the 0% APR Credit Card

Author:Gerardas Norkus

People used to think that they had enough on their benefits with their credit cards. They thought that the rewards they get and the low interest they have is already enough to last a lifetime.

However, there are instances when they get to have the chance of seeing promotions like 0% APR. Now, this is really something. But the question is, is it true? Is there a great probability that credit card companies can actually offer a 0% APR?

For most financial experts, they contend that it is, indeed, possible. In fact, credit card companies would definitely go for this kind of scheme just to get the consumers on their hook.

That sounds too good to be true, indeed. But the question is how come they can offer something so good just like that?

Normally, 0% annual percentage rate or APR lasts only for 6 months. The countdown starts from the day the credit card is claimed.

In most instances, 0% APR are attractive to people who would want to have a balance transfer. This is because they would want to consolidate all of their debts into one payment only. And because they have a huge pile of debt, they would rather go to a credit company that can offer them lower interest rates.

With things like 0% APR credit card, who can resist them?

Moreover, with the 6-month timeframe, people will get to have the chance of paying their standing debts for a whole six month-period only. That would be a lot of savings.

But then again, 0% APR credit cards are not at all beneficial to everybody. As they say, there is always an exception to the rule. This refers to those who do not accumulate interest charges simply because they have outstanding balance. So, they wouldn't feel the necessity of getting a 0% APR credit card.

The best credit cards for these types of people are those that offer rewards and cash backs instead of lower rates.

All of these boil down to one point, that people must be aware on how these wonderful offers can provide them the benefit that they want.

Indeed, there are lots of rewards and 0% APR credit card out there. But if it will not work for those who do not really need them because of the mentioned situations, then it's best not to have them at all. Besides, the best 0% reward is not to have a credit card at all.

Facts About The APR Of Credit Cards

2007-11-12T05:09:05-08:00

Facts About The APR Of Credit Cards

Facts About The APR Of Credit Cards

Author:Michael Colucci

When it comes to credit cards, the APR or annual percentage rates is always the ultimate source of confusion and chaos for most credit card users. If you don't have a credit card but planning on applying for one or you were just recently approved for a credit card then you must definitely read this article. Everything about APR of credit cards shall be explained so read carefully and remember!

What's APR? Basically, the APR or annual percentage rate of a credit card is the combination of low interest rates and finance charges. With that said, let's move on to the next topic.

Are There Really Zero Percent (0%) APR Intro Rates And What Does It Mean? �?? Let's say you already own a credit card and you've used up most of your credit already. With a 0% APR intro rate credit card, you can transfer your balance without incurring additional interest.

Nice, isn't it? Also, if you're planning to purchase something but paying it off before the intro period is over then yes, having a 0% APR intro rate credit card is the best option for you. Remember, the keyword here is intro �?? which indicates that this is only something like an introductory offer so don't expect the 0% APR to last forever.

What About Low Interest APR Credit Cards? �?? If you're in search for a credit card with long-time charges then it's better to go for a low interest APR credit card rather than one with a 0% APR credit card because the interest rate would just revert to normal for the latter.

Which One Is Better: A Low Interest APR Credit Card Or A 0% APR Credit Card? �?? Well, this question would require you to research a bit but since your decision will ultimately affect your finances then it's better to go ahead and research, right?

The first question you have to ask your credit card company is about the length or duration of the intro period if you're interested in availing yourself of a 0% APR intro rate credit card. The intro period usually lasts between three to fifteen months. Anything less is naturally a disadvantage and anything more is preferable.

Ask also about what the APR of the credit card is going to be after the intro period. If the interest rate is higher than the APR of other credit cards that do not offer 0% APR for a certain period of time AND you're not planning to maximize the 0% APR you're given then maybe, it's better to simply go with a low interest credit card.

Understanding Credit Card Apr

2007-11-12T05:08:36-08:00

Understanding Credit Card Apr

Understanding Credit Card Apr

Author:Peter Kenny

If you have a credit card or are looking to get one, it is important that you understand the ins and outs of credit card APR. Credit card APR is the biggest factor in determining how much you pay for your credit card, and so to get the best deal you need to know what it is and how it works. Here is some advice regarding the ins and out of credit card APR.

What is APR?

APR stands for Annual Percentage Rate, and is a measure of the cost of the credit you borrow. The APR is the amount that you pay yearly in interest on the money that you borrow on your credit card.

How much is credit card APR?

Credit card APR can vary massively depending on your financial situation, the type of card you want and the deals on offer. Generally, credit card APR ranges from 10-18%. If you shop around then you will find the best deal for your needs.

How do I find out the APR?

Credit card APR is very easy to find out, and all lenders are required to tell you the APR of a card before you sign up for it. Also, credit cards are generally advertised by the cost of their APR.

Comparing APR

If you are trying to find the best credit card deal, then there are many places online where you can compare the various APR rates of credit cards from different lenders. Although there are other costs involved with credit cards, generally a lower APR is better.

O% APR deals

If you are looking for a credit card, then you might see 0% APR credit card deals advertised. Although many of these deals are not what they seem to be, there really are some great introductory offers to be had. Some cards do offer 3 or 6 months with 0% APR, meaning that you can use your credit without paying any interest during this period. This gives you basically free credit, providing that you pay it back in this time.

Drawbacks of 0% APR

The drawbacks of these deals are that there are often hidden costs involved, such as high fees if you miss payments or go over your credit limit. Also, once the 0% period ends the credit card is generally has a higher APR rate than other cards. To use 0% APR cards to your advantage, you should look for one that has a fairly low rate after the initial period, or swap cards once the 0% period ends. If you invest a little time and effort you can skip from 0% APR to 0% APR on various cards. Of course, this can make you look financially unstable so you should be careful when swapping cards frequently. However, if you understand APR rates then you will be able to find a great credit card deal.

About the author:

Peter Kenny is a writer for creditcards-gb.co.uk Please visit us at 0% Credit Cards and Credit Cards

Things to know about credit cards

2007-11-12T05:08:04-08:00

Things to know about credit cards

Things to know about credit cards

Author:Joseph Kenny

A credit card is a card that allows you to borrow money for paying your purchases but bound to a certain limit. At the end off every month either you have to repay the whole amount or a minimum amount. A planned credit strategy will enable you to improve your credit worthiness. The most obvious thing, which can be done for building a good credit history, is repaying your bills on time, taking measures to protect your credit standings and making your credit report accurate and flawless.

Before making the choice of the credit card there are various points, which are to be kept in mind:

Annual Percentage Rate is the amount of interest you pay every year on your borrowings. The higher APR will make you pay more finance charges. The minimum repayment you make is basically the interest but paying a little more will help you in the reduction of your past balance. APR is one thing that can burn a hole in your pocket. So keep it as low as possible.

Introductory rates: When you sign for the card you are offered with a low or 0% rate of interest for an introductory period. You must keep in mind that this interest free period is applicable on purchases and balance transfers as well. This will reduce your bill considerably.

Gold and Platinum cards: If you are a high-end earner and lavish spender then these two cards can work wonders for you. These cards have lower interest rate, high or no credit limit and are accompanied with several services and benefits.

Grace period: This is also known as interest free period in which you can repay your amount without added interest. This helps you with your debt burden.

Cash back and Rewards: There are various credit card companies which entitle you with the reward points which can be redeemed against free air miles, cash back or discounts. Keep a look that these points are viable for you like for example there is no use of collecting air miles if you never fly.

Balance transfer rates: This is the option, which is hunted by the people who are having a huge outstanding amount. Many cards offers lower rate of interest. Thus, if you transfer your balance from one card o another with lower interest it can help you with your debt problems and save a lot of money.

Late payments: This feature is the main stay of any credit card for careless spendthrifts. The interest keeps piling when you delay your payments. Thus, at one point of time the interest amount exceeds the principal amount. So it is advisable to check the charges levied on the late payments.

All these features and offers compile in to form a good credit card and you should be aware of your credit card well.

About the author:

Joseph Kenny is the webmaster of the UK credit card comparison site http://www.creditcards121.co m/, where you can find a selection of 0% balance transfers. For US visitors there is also the comparison site http://www.credit-cards-i nfo.com

What's Best Practise For Using Credit Cards?

2007-11-12T05:07:31-08:00

What's Best Practise For Using Credit Cards?

What's Best Practise For Using Credit Cards?

Author:Jon Francis

It's a question that most people who use credit cards might ask - what's the best practise for using a card? Especially if your getting ready to apply for a new card, the question may be on your mind - since much of the advice about choosing a credit card focuses on how you'll use it. Most financial experts will give you a short, sweet answer to that question: don't.

That answer is a bit too simplistic, though, and ignores the way that today's economy works. The truth is that many people have been forced to apply for a credit card because it's nearly impossible to carry on business without one in our modern world. If you try to reserve a room at an inn or lodge, you'll need one to place your reservation. You may get special discounts at the petrol pump if you pay this way. And it's nearly impossible to place an order over the telephone or the internet without one.

It's become popular to paint our national use of credit cards in dire colours, and to turn the pretty plastic bits into veritable demons, lying in wait to tempt us to throw away our life's earnings on the chance for instant gratification. That point of view fails to take into account the many benefits of going about our business using credit. For instance:

- Charging your daily expenses on your credit card is a good way to track your expenses and maintain records for tax and budget purposes.

- Paying for your purchases with plastic means that you don't have to carry cash with you - and if you lose your wallet with no cash in it, your losses are very limited.

- Paying on credit means that you can take care of emergencies when they crop up and pay for them over time. No need to store your perishables in a neighbour's icebox until you save up enough for a second-hand refrigerator - you can whack it on your credit card and have the use of it while you pay it off.

- By choosing wisely when you apply for a credit card, you can actually save money. Reward points and cash back are built in discounts on your purchases that you wouldn't get if you paid in cash.

With all that in mind, what's the answer to the burning question? The best practise for using credit cards depends on what you're doing with them. You may:

- Charge your daily expenses and pay off the account every month. The benefits: o No interest charges accrue as long as you pay off the balance on time o Discounts on ALL your purchases if you use a cashback card and shop at the grocer and corner stores o Accumulating reward points that can save you money on gifts for the holidays if you use a rewards card o Discounts on your motoring expenses if you use a gasoline credit card o Free travel if you use a travel rewards or airline miles card

- Use a credit card to pay for major expenses and pay it off over time The benefits: o You get the use of your purchase while you pay it off. o Many credit card companies offer additional insurance on purchases made on them. o Protections if your purchase is defective or damaged. o All of the above benefits of cash back or rewards cards

- Only use your credit card for emergencies The benefits: o No interest charges unless you actually use the card to charge purchases o The comfort of knowing that you have an emergency fund if you need it.

You can use any of the above methods, or all of them in concert to reap the most benefits from the use of credit cards. In fact, the best way to use one is to hold one for everyday purchases that offers you reward points or cash back, and a different one that offers low APR for major purchases. Some other 'special use' options you may consider are one strictly for use at the petrol pump, and one for use overseas.

You'll always get the best credit card UK companies offer if you compare at good comparison websites before you apply there. You can learn about credit cards and research the best offers, then apply for a credit card online through one of the best current offers.

About the author:

Jon Francis has been involved with finance for many years! With an in-depth knowledge of the credit card UK market help helps others get the best from a credit card.

0 APR Credit Cards and Credit Card Debt

2007-11-12T05:06:23-08:00

0 APR Credit Cards and Credit Card Debt

0 APR Credit Cards and Credit Card Debt

Author:Ray Cunningham

I think many people in the United States and indeed, many countries throughout the world, particularly in the West, are guilty of spending beyond their means. Doubly so, when they come into possession o those innocent looking pieces of plastic, called "credit cards", whether an 0 apr credit card, or any others.

Debit cards, are of course, much safer, because as soon as your bank account is empty - no more credit!

One of the most tragic cases I have heard about, of course, there have been many, but this one concerned a gentleman who was the owner of an art gallery. This poor fellow should never have been in that business, as he knew nothing about store management and his employees robbed him cruelly, as he was a trusting soul.

It was inevitable that he eventually would go bankrupt and he did, for the grand sum of $150,000 plus. Most of that was credit card debt, as he owned a bunch of gold credit cards. One day, I personally watched him transfer $7,000 into his business by taking it from several of his cards. That way lay madness! And of course the result was inevitable in the end. He lost everything, including his wife and all of his erstwhile, 'high maintenance' and shallow, 'friends'.

Therefore, I respectfully, but strongly suggest, that you should be looking, very carefully at the number of credit card you have and the debts you have so far managed to build up. Some people have 20, or 30 credit cards and many of these have been maxed out.

Certainly credit cards are great in an emergency , or when confronted with an unexpected expense. Obviously, it is easier and far more sensible, say, when pumping gas in a blizzard in New Hampshire, to swipe a credit card, than it is to go into the office and write out a check, or pay cash.

Also, it is much more sensible to purchase airline tickets, etc, with a credit card, than it is to pay for such expenses by check, or cash. Anyway, try bying your airline tickets with cash, nowadays and you might find yourself having a chat with the FBI or Treasury Department fellows. Believe me, it has happened! Using a credit card for travel is much more sensible than paying by cash or check, because if the travel agent, or airline goes bust, you won't lose your money, as it is the responsibility of the credit card company to issue a refund, should something like that occur. It is their responsibility to check out the merchant to protect the credit card holder.

Let's face it, the credit-card companies are out to make a profit and that's all they are interested in. Certainly not your welfare. I'm sure the letterbox is often filled with offers for 0 apr cent credit cards. Ah yes! An "0 APR credit card", has a nice ring to it and many of us have listened to the sirens call; been tempted and fallen.

0 APR credit card is a phrase that those credit-card companies know you love to hear. Therein lies the danger! Those innocent looking a little cards start out life in such a benign way, but soon, like the gremlins in the film, start to show their sinister side and you are suddenly paying through the nose, because the APR has risen to astronomical heights annually and you find yourself spending a lot more than anticipated on the interest rates each month.

Most of us probably claim that we will be paying off the balance each month and certainly have the best intentions of doing just that. But how many of us actually do pay off the balance in its entirety, each and every month? I would hazard a pretty safe guess and say, "very few". The intent is there, but the will power is lacking. That is exactly what the credit card companies are betting you will do and they would be right.

You'll find that these 0 APR credit cards are offered on balance transfers and that's about all. If you can actually find a 0 APR credit-card which may be used for balance transfers and purchases, then you might have struck gold!

Of course, the credit-card companie's have bright boffins working for them in the back rooms. These people know and bank on the fact that you would use the 0 APR credit card to pay off high-interest credit cards and transfer some to the 0 APR credit card. This is fine initially, but remember, the 0 APR credit card is often only a 0 APR credit card for one year, or perhaps even less. You will, no doubt, have planned to pay off the transferred money within the one year, but things rarely work out that way. We find ourselves adding purchases to that same 0 APR credit card and find, to our shock and horror, that the purchase interest rate is invariably very much higher. Perhaps even 20%, or more.

Frankly I've never seen a credit card that offers an zero interest for a whole year, on purchases. They're interested in making their money from the interest and that's why the same deal for purchases is not offered.

Well, I hope this short article has helped you somewhat and not confused you further. It is a difficult, and complicated subject, as 0 APR credit cards can be of great use if used wisely. Research it further. You may wish do an internet search, perhaps on the Google search engine, for the 0 APR credit cards. Although, if you ask them for further information, you will also have to wade through their sales pitch.

Alternatively, try to obtain the advice from some independent source. If you have an accountant, then this would be an obvious source of information.

I invite you to visit me at my website. This article will be there, together with a couple of other suggested ebooks which you may wish to grab, through my link. Read through them and/or listen to them. They sound like excellent products, but remember, every case is different and you would have to do your own research and not rely on mine. Do your own due dilligence. What is suitable in my case may be quite unsuitable in yours.

I have also included something new, to try. It is a way into eBay, through my web site and is quite fascinating, the way it works. I have also included some more articles, for your interest and elucidation.

Also popped in a few Adsense ads, which may give you a few extra clues. You'll find most of these in the left-hand column on my website. The links will be found in the author's resource box, directly beneath this article. If my article, helps you to save, either a small amount, or very large amount, of interest on your, so called, 0 APR credit cards, then I shall have succeeded in my task and that knowledge, alone, will make me very happy.

cheers,

Ray Cunningham

The writer, Ray Cunningham lives in central Florida. To learn much more about: Credit Secrets Bible! , go here: http://shmyl.com/fxnnson

"The Best Selling Credit Repair Package." go here: http://shmyl.com/gxnnson then to his web site, "0 APR Credit Cards", for the complete story, at: http://raygc.com/0aprcreditcards

This article may be used, free of charge, as long as it remains intact and this resource box is always included.

About the author:

Ray Cunningham lives in central Florida. To learn more about: Credit Secrets, go here: http://shmyl.com/fxnnson

"Credit Repair Package." go here: http://shmyl.com/gxnnson then to his web site, "0 APR Credit Cards", for the complete story, at: http://raygc.com/0aprcreditcards

0% Interest Credit Cards - Finding 100% Pure Value

2007-11-12T05:05:42-08:00

0% Interest Credit Cards - Finding 100% Pure Value

Author: Morgan Hamilton

For some consumers, finding a credit card offering a low introductory rate is the most important aspect of shopping for credit. This could be because you have an imminent need for a card, and intend to pay the purchases back by the end of the year. Whatever the reason, there are a few good credit card companies offering 0% APR for the first year or so, and here we will take a look at three of them that offer not only an attractive introductory offer, but continue to offer decent rates and quality rewards programs past the initial offer.

Blue from American Express

Noted as one of the finest credit cards in the world, and strictly for those with a good to excellent credit history, Blue from American Express offers 0% APR for the first twelve months, allowing you ample time to make purchases and pay them back without ever paying a dime in interest or fees. This is an excellent credit card for those looking for a sterling introductory offer, as well as those looking for a good rewards program.

Blue from American Express allows you to qualify for the Fee-Free Rewards program, which lets the consumer earn points toward travel, dining, and merchandise. There is no expiration date on the points earned, which makes this an ideal choice for those who are tired of scrambling each year to earn enough points to buy something nice. If you choose to transfer any outstanding credit card balances to the American Express Blue card, you can expect a low 4.99% interest rate for the life of the balance, making this card ideal for those who need to get out from under crushing interest rates of a competitive credit card.

Chase PerfectCard Platinum MasterCard

The name is a mouthful, but this card packs as much punch as its wordy moniker promises. With an introductory APR of 0%, this is another in the fine class of credit cards with enticing up front offers. Unlike American Express and many of the other credit card companies, however, Chase promises no particular time frame on the introductory rate.

This is determined by a review of your credit history and application. In addition to the 0% introductory offer, the Chase PerfectCard Platinum MasterCard offers a chance to earn rebates at the gas station, which are then credited to your monthly statement, rather than building up to the end of the year. It also offers up to a 1% rebate on all purchases made anywhere. There are no annual fees.

Citi Diamond Preferred Card

Like the American Express Blue card, the Citi Diamond Preferred Card offers a 12 month period with a 0% APR. There are no annual fees with the Diamond Card, and it promises a bonus 6,000 point in its Thank You Points program after you make your first purchase with the credit card. These points can be redeemed at nationwide stores such as Home Depot, Toys R Us, Starbucks, and more. You'll also be able to earn points through purchases made at grocery stores, drugstores, and gas stations.

About the author:

Morgan Hamilton is an experienced Financial Adviser who has written a number of informative articles on the topic of 0% Interest Credit Cards. Visit www.BestCreditQuote.com to learn more about Zero Percent Credit Cards.