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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).
