Credit Cards with Low Purchase APR
Credit cards with low interest rates are the most attractive offers on the credit card market. APR, or annual percentage rate, is the main feature that determines the cost of a loan. The lower APR is, the less interest on your credit card balance you will pay. Low interest credit cards are a great way to save money on all your purchases, no matter what you buy: everyday necessities or more expensive items.
Low APR credit cards are among the most desirable plastics. The higher your FICO score is, the more chances you have to qualify for it. If your credit history is good or excellent, you are eligible for the best low interest offers which come with no annual fee and with various rewards.
- 0% APR on Balance Transfers and Purchases for a full 6 months.
- 5% Cashback Bonus® in categories that change like travel, gas, groceries, restaurants and more.
- Up to 1% unlimited Cashback Bonus on all other purchases automatically.
If you want a card with low purchase APR
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- 0% APR on Balance Transfers for a FULL 12 months.
- 0% APR on Purchases for a FULL 6 months.
- 5% Cashback Bonus® in categories that change like travel, gas, groceries, restaurants and more.
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- 0% APR on Balance Transfers and Purchases for a full 6 months.
- 5% Cashback Bonus® in categories that change like travel, gas, groceries, restaurants and more.
- Up to 1% unlimited Cashback Bonus on all other purchases automatically.
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Which low APR credit card is for you?
Credit cards with low APR on purchases provide low interest rates either for an introductory period, or for the whole life of your account. The decision which credit card offer to choose depends on your spending pattern.
Low intro APR credit cards are mainly targeted at those who want to make large purchases or transfer their balance and pay off the debt during the introductory period. Typically it is 6-12 months, but you can find special offers which come with the introductory period of up to 15 months. Afterwards the APR will rise.
Credit card offers with fixed low APR on purchases are suitable for those who carry their balance from month to month. Although these cards do not come with 0% APR, you can be sure that there is no introductory period and your rate remains the same. These cards are considered to be more beneficial because you can have low rates for the whole life of your account.
If you want a card with 0% introductory and low ongoing APR
Tips: Save with low APR credit card
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Low interest credit cards enable you to pay off your debt sooner. It is not the initial borrowed sum of money that takes you so much time to recover your credit card debt, but the interest that you have to pay on that initial sum of money.
If your APR is high, most part of your payments will go to recover your balance.
Make sure what low interest rates a credit card provides: is it a fixed low APR or just an introductory offer?
Most credit card issuers hide the real APR behind tempting introductory rates that can be extremely low. Read attentively all terms and conditions of the credit card application. They define whether your APR remains low for the life of your account or for a short time.
Low interest credit cards can be used as a personal loan for large purchases. They make significant amounts of money available without charging a small fortune for it.
For instance, if you are thinking about buying a car it makes sense to use a low APR credit card for such a purchase. Low rates enable you not to accumulate much interest and manage your debt easier. |
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If you want to reduce your current interest rates, find a plastic with lower ongoing APR or intro APR and transfer your balance. Thus you will be able to pay off your debt without losing money on high interests. It's very convenient if you have more than one debt - it will be more affordable to manage expenses if you consolidate the debts.
Low APR credit cards can be great in every feature. On CreditBreak.com we carry the best credit cards with low APR on purchases for you to choose the best deal for your personal needs. You can apply for a Visa, American Express, MasterCard or Discover credit card. According to the purpose, credit deals with low rates include the offers for business people, students and individuals.
There are some important rules to keep your interest rates low. Always make your payments on time, because otherwise you can be switched to a default APR, which is much higher. Do not exceed your credit limit. Keep in mind, that low APR on purchases is just that: low on purchases. Cash advances or balance transfers come with different rates, although they are typically moderate. |
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