• 0% Intro APR* for up to 12 months on purchases and balance transfers
• No annual fee
• 24/7 online account access
• Worldwide travel accident insurance
• Rental car insurance
• Free account alerts

To get approved on the Chase Platinum Credit Card you need to have good to excellent credit scores. In return the interest rate you will get is about 5% less than most other fixed rate credit cards. After the introductory period the interest rate will change to 9.24%.

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Chase Platinum

With it being a exclusive credit card it does come with a $495 annual fee. The rewards make up for it as long as you use it. Interest rates after the introductory period start at 13.49% depending on your credit score. The Visa Black Card does have a fixed rate for 6 months and then it becomes variable.

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Visa Black Card

Some of the benefits of having the Discover More Credit Card is a fixed interest rate for the first 9 months of owning the credit card. During this introductory time period you will be able to take advantage of a 0% interest rate for purchases. After the introductory time period the interest rate does become variable and the rate offered to you depends on your credit history. There are no annual fees with the Discover More Credit Card and only a small finance fee of $.50 for when you take a cash advance.

To show how much Discover wants your business they are offering a fixed 0% interest rate on balance transfers for the first 12 months of having the credit card. This can be quite beneficial if you plan on transferring balances from other high interest credit card balances over. The savings from the interest alone can add up and you will be able to pay down your balances even faster.

The Discover More Credit Card lets you earn unlimited rewards on all of your purchases. Depending on where you use your credit card you can earn up to 5% cash back rewards. Once you spend over $3,000 the amount of rewards you earn does go down to 1%. Still this is very good. To know you are earning 1% cash back is better than having to wait until you get a certain amount of air miles or points to be able to cash something in. The minimum amount of rewards you can cash in is $20. Your reward balance will never go away unless you close the account without cashing out, is inactive for 18 months, or if you do not make at least a minimum payment on time for two consecutive months. If you do any of those your rewards will be removed. The Discover More Credit Card can also cover you when renting a car. You are covered under their insurance company if you get into a accident.

All in all the Discover More Credit Card is one of the most popular credit cards out there. The terms are great and so are the rewards. This credit card will end up being one of those cards you probably hold onto for more than a decade and use all the time.

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Discover More Credit Card

There are no rewards like cash back or airline miles with this card because one of the benefits of having the 0% interest rate on balance transfers or purchases for the first year. After the introductory period the interest rate will move up to 8% based on what your credit score is. Many people apply for the Citi Platinum Select Credit Card to take advantage of the balance transfer. Keep in mind that there is a 3% transfer fee for every time you do so. Make sure this makes sense for you to do. As long as you make your payments on time the interest rate will stay at 0% for the first 12 months on what you transferred.

The Citi Platinum Select Credit Card is a very popular card for college students or anybody else looking to establish a credit history. Knowing that you have a 0% interest rate for 12 months will help you learn what to do with building credit and being responsible with a credit card. Eventhough this credit card does not have a rewards program it does help you start to build a credit background with the banking industry. This is one of the best fixed rate credit cards available in the industry. Approval rates are high and if you are looking to transfer over a balance to start paying it down then the Citi Platinum Select Credit Card is for you.

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Citi Platinum Select Credit Card

After the introductory period the interest rate will become variable and will depend on your credit score. Most interest rates start at 13.49%. The credit limit with each credit card can go up to $20,000.

The Capital One No Hassle Miles Rewards Credit Card is a fixed rate credit card for the first 12 months. This gives you the opportunity to pay down balances on other items or know that you’re payment will not change.

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Capital One No Hassle Miles Rewards

Banks nowadays have finally smartened up and decided that they should only take risk on people that have proven that they can pay their bills on time. Getting a high credit score is that easy. All you need to do is pay your bills on time and you can expect to have a credit score in the mid to high 700s. Major credit card issuers like Chase, Bank Of America, and Discover had to change who they gave credit too. Their where times over the past 6 years that these same companies were giving credit cards to people with credit scores below 600. Sure, they were charging high interest rates to these individuals and they were thinking that they were going to make 15%-30% interest on those credit card holders. It sounded like an easy business plan. Charge high interest rates to people that are high risk. Well, it back fired on companies like Bank of America, Chase, Citibank, and Discover. The same people that had poor credit scores would run up the balances on their credit cards all the way to the max. Occasionally making a payment to the credit card would keep them from getting the card taken from them or closed.

The credit card holder would spend to the limit, lets say the limit was $5k, but the minimum payment was $30 a month. This $30 did not even cover half of the interest they were spending. So what these people did was spend to the max and just not pay it back. It was that simple. Spend $5k on stuff and just not pay the banks back. It was that easy. The funny thing was that the banks kept on sending them credit card applications to these people again and again.

Realizing that they cannot just approve anybody on a credit card the banks after suffering from major losses on credit cards and foreclosures decided they can only lend to people with credit scores over 700 now. You might be able to find a fixed rate credit card with scores between 650 and 700 but it is not going to be a low fixed rate credit card. You should expect to pay over 10% with scores between 650 and 700.

Now more than ever you need to be responsible when it comes to your finances. When that credit score drops down to 699 do not be expecting an approval on a credit card. The banks cannot afford to take any more risk on people that have proven that they cannot pay their bills back.

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How Your Credit Score Affects You Getting A Fixed Rate Credit Card

The thought of a fixed rate credit card will be very appealing to many. Borrow money off a lender and pay the exact amount back without incurring any interest charges. With the majority of banks now offering fixed 0% credit card for new customers, more and more people are now finding themselves very attracted to the temptation of their banks lucrative deals.

All of these deals will not be so sweet forever, little or no interest rates will soar and without preparation, you could be subject to very high interest rates and find yourself financially out of control. When the 1st lender to offer this deal, they provided people the opportunity to transfer all their debt with a 0% interest rate on balance transfers. This fixed interest rate lasted for only 6 months due to other companies being keen to stay competitive. As you cannot go lower than the 0% interest rate, the only thing you can differ was the time period it stays 0% for which was competitively extended. Some U.S and U.K credit card companies now offer interest rates for a ridiculous 16 months. This kind of time period could help you transfer all of your balances to it and start knocking down the balance with larger payments saving you hundreds of dollars on interest. With any offer, you will need to check when the interest rate is set to rise so you can compare your quotes thoroughly, do not go for the 1st one you see.

For lenders to be in a position to offer such great deals there will always be a drawback which has to somehow generate their revenue. Generally, this will be when people withdraw cash, request statements or take part in any form of general banking which would normally cost nothing at a standard bank account. Do not think that transferring your balances from other cards is free either. The credit card companies can find out if you have a history of transferring balances from credit cards. What they do is offer you a low fixed rate credit card with the 0% APR but charge you a one time transfer fee. This fee is usually 3% of the balance or up to $75. It depends on the card issuer but if you have a credit card balance of $7500 that 3% is a $225 one time charge. This should be treated the same as interest and some times it does not make sense to transfer the balance. Do the math first to see if transferring balances to a fixed credit card makes sense.

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How Many Months Is My Introductory 0% Offer On A Fixed Rate Credit Card

Since finances, especially money is one of the major concerns of many people, a wide array of financial management services and financial options emerged. Some of these financial services are good and some unnecessary. One of the most visible among the unending line of financial management services there are is the fixed low rate credit card.

Although many people testify for the financial convenience you get when you apply for a credit card, it doesn’t mean that every convenience applies for you or for everybody in that matter.

When people apply for a low rate fixed credit card, there is always a reason. It can be for managing their finances, needing extra money or in preparation to a big expenditure. But, no matter what the reason is, people apply for a credit card because of the ultimate convenience it brings. By now, you may have had your share of credit card offers in your virtual and physical mail boxes. Since people are quite vulnerable when they apply for a credit card, some credit card issuers lure these people by giving low introductory APR, no annual fee offers among numerous perks. The tendency of this so many alternatives and deals is to sway the person who wants to apply for a low rate credit card.

There are undeniably endless lists of pros and cons when you apply for a credit card, but if you really have decided to apply for a new credit card, these are some of the helpful tips that can guide you on your credit card shopping journey.

There are three easy steps you should follow if you have decided to apply for a credit card. First, surf the net and do some research on low fixed interest rate credit card. When you do this, it will familiarize yourself with different credit card terms and companies. Second, you can compare numerous credit cards that would best serve your needs and lastly, you may now apply for the credit card of your choice by filling out a credit card application by visiting a bank representative or through online.

In order to find the right credit card fast and easy, first, before you apply for a credit card, make sure you mastered the credit card terms. When you apply for a credit card you must know what your credit card really is about. Being a form of borrowing that involves charges, credit cards usually have underlying credit terms and conditions affect your overall cost. So, it’s best to compare terms and fees before you apply for a credit card and agree to open an account. Some of the important terms to be understood well include the annual percentage rate or the APR.

When you apply for a credit card, you must know how the APR affects your credit account. Being a measure of the cost of credit expressed as a yearly rate, the APR should be disclosed before you apply for a credit card so that you would not be obligated on the account and on your account statements later on. Aside from APR, the periodic rate must be disclosed to the card holder before they completely apply for a credit card so they would have an idea of their outstanding balance and finance charge for each billing period.

Other important terms to know before you apply for a credit card are free period or grace period, annual fees, transaction fees and other charges, other costs and feature, and balance computation method for the finance charge like average daily balance, adjusted balance, previous balance, and two-cycle balances. If you’re not that type of person who is patient enough to research on all these terms, make sure that before you apply for a credit card, the issuer will give an explanation how the balance is computed and it must appear on your monthly billing statements. If you follow these easy tips before applying for a fixed rate credit card you will save a lot of money in interest.

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Fixed Low Rate Credit Card Application Tips

Basically, APR is the cost of credit as a yearly interest rate. APR stands for “Annual Percentage Rate” of charge can be used to compare different credit and loan offers. The APR on credit cards is usually calculated monthly based on the current amount in the card. The monthly interest is calculated as if the current card balance would remain the same over a year; the interest on the amount over a year (APR) is worked out and divided by 12 to give the monthly interest. It is a must that all lenders tell the client what their APR is before signing any agreement.

Although the arrangements and terms may vary from lender to another, it is better for people to avail a low APR credit card because the lower the APR, the better the deal for them to spend more money in shopping around.

Why choose a Fixed Low Rate Credit Card?
A fixed low rate credit card is a good choice for those people who are in a tight financial spot. Being the most important attribute of a credit card, the APR determines the a large balance over a longer period of time.

In a low rate credit card, the amount of interest one must pay on his or her credit card balance depends on its APR because the lower the interest rate is, the better it is because it means they have to pay less interest. 

If you are planning to have a low rate credit card, make sure you get a credit card with a fixed interest rate. These low APR credit cards are chosen using a factoring scheme that organized these cards by computing a number of their attributes to place the best deals at the top.

Some of the questions one have to ask when looking for a low fixed rate credit card includes the charges. You will want to know if the interest rate stays fixed for the life of the time you own the card or if it will become variable if you miss a payment or are late on one. Some fixed rate credit cards come with additional charges like payment protection insurance or an annual charge. Do your best to stay away from those to begin with because if you are responsible with your money than you will not have to worry about those. 

If you are now looking for a new low rate fixed credit card you may begin looking for one that could help you save hundreds in interest with a low interest credit card and low cost processing. Many low interest rate credit cards offer 0% APR for the first 6 months on purchases, cash advances, and balance transfers. Through these, low APR credit card can warn rebates towards any item purchased. They also offer $0 liability on unauthorized purchases, and no annual fees. Some fixed low interest rate credit cards that have very good intro rate for purchases is recommended for those who would want to get one. They also offer good deals if one carry high balances on other cards and need to transfer the balance.

Indeed, having a credit card can be useful and convenient, and can even help build a strong credit history that will help you with future activities like home-buying, paying for higher education, and even finding a job. But, before you apply for a card, consider the advantages and disadvantages especially with the current financial situation you are in.

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Take Advantage Of Your Fixed Low Rate Credit Card