It is possible to find the lowest interest credit card through credit card comparison. However, comparison sites may not readily dish out to you whether or not these lowest rates will remain the same in the coming months. There are several reasons why rates change. It pays to know these reasons so that you can look out for them when shopping for credit cards. Read the rest of this entry »

Fixed rate credit cards are fixed only if they are not changed by your card issuer. Yes, despite what your credit card issuer says, these fixed rates are actually susceptible to increases whether you like it or not. Read the rest of this entry »

If we can just pay off all of our credit card monthly charges before they fall due, we certainly would do so to avoid paying exorbitant interest rates. Unfortunately, most of us cannot afford such concessions. Thus, we go for the next best thing: a low rate credit card. Read the rest of this entry »

Credit card interest rates – I’m sure you know this is one way credit card companies make profit. You probably also know the reason you get charged interest is because the credit card company is allowing you to spend their money. They are allowing you to use their money for a fee. The longer you use it, the more the fee adds up. The fee they charge is a percentage of the balance owed, and that percentage is the interest rate of the credit card. Read the rest of this entry »