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Step 1
Negotiate with your current credit card companies. Depending on the state of your credit, you may be able to apply for a lower interest rate for your existing credit account.
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Step 2
Look to your existing financial institution for the lowest interest rate potential. If you have checking and savings accounts in good standing, you may qualify for a lower credit card interest rate.
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Step 3
Collect data on low interest credit cards to shop and compare. You can create a chart comparing the different features of each card.
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Step 4
Consider factors beyond the low introductory interest rate before choosing a card. Some elements to consider include reversion interest rates and how your payment and charging habits affect the interest rate. Look into any application and maintenance fees.
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Step 5
Note any offers by mail for low interest credit cards, but don't limit your search to the mailbox. You can research additional low interest credit cards using the websites of major credit product providers such as Visa, American Express and MasterCard (see Resources below).
Comments
creditmaster said
on 9/17/2009 This is a wonderful post on how to apply for credit cards and the comments above listed are some great credit cards to apply for.
I would strongly suggest anybody and everybody to carry at-least one credit card for emergency purposes. One such credit card is...
0% APR (for 12 months) credit card offer from Bank of America
0% Balance transfer for 12 months
No annual fee
Standard APR: 8.24% - 18.24%
www.bestcreditcard.googlepages.com
or
If you'd rather apply by phone, just call 866-438-6262
Priority code: UAAJVY
IBO reference number: 5549488
Citizen:Yes
Status:Employed (150K + 60K)