Finding a Low Interest Rate Credit Card

On September 18, 2008, in Reward Credit Card Articles, by rccs501admin

When searching for credit cards, most consumers prefer one with a low APR. Nevertheless, when confronted with attractive offers, perks or rewards, the interest rate may suddenly become just a secondary factor.

The fact is, reward credit cards usually come with much higher interest than non-reward cards. The interest rate of reward credit cards ranges from 14% to 19%, depending on the issuer and the type of reward program. Despite this, many consumers still prefer them over regular credit cards because of the promise to earn bonuses, incentives, discounts and other privileges.

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