Standard Interest Rates On Credit Cards

Company	Package Name	Standard % APR (Variable)	Balance Transfer Rate & Period	Balance Transfer Notes	Introductory Purchases Rate & Period	Reward Notes
	Barclaycard Simplicity	6.8%	n/a	n/a	n/a	Low rate for life
	Capital One Platinum	15.9%	0% Until Oct 09	3% transfer fee	0% Until Oct 09	Free Identity Theft Service
	Natwest Classic	15.9%	0% for 13 months	2.9% transfer fee	0% for 6 months	Take advantage of the Natwest Travel Club and Wine Club.
	RBS Classic	15.9%	0% for 13 months	2.9% transfer fee	0% for 6 months	Online retail discounts
	Co-op Think	12.9%	7% for 6 months	n/a	n/a	Financial and ethical benefits
	Barclaycard Platinum	14.9%	0% for 14 months	2.9% transfer fee	0% for 3 months	6 months free gadget insurance
	Virgin Credit Card	15.9%	0% for 15 months	2.98% transfer fee	0% for 3 months	Virgin Discounts
	MBNA Platinum Reward	15.9%	0% for 12 months	3% transfer fee	0% for 3 months	MBNA reward points
	HSBC Credit Card	16.9%	0% for 13 months	2.5% transfer fee	0% for 3 months	n/a
	MBNA Platinum	15.9%	0% for 14 months	2.9% transfer fee	0% for 3 months	n/a
	Post Office Platinum	15.9%	0% for 10 months	2.75% transfer fee	0% for 3 months	Further 0% transfers on 1st & 2nd anniversary
	Egg Credit Card	16.9%	0% for 15 months	3% transfer fee	0% for 3 months	0% for 5 months on transfers in Sept 2010 & 2011

What are Low Interest Rate Credit Cards?

The average rate of interest on a credit card for normal purchases was 16% in 2007, according to Datamonitor analysis. Low interest rate credit cards typically offer a rate of interest in the region of 8% to 10%.

What are the Benefits of a Low Interest Rate Credit Card?

Low interest rate credit cards suit people who don’t like chopping and changing between cards. They’re also useful for those who carry a balance forward each month and are not always able to clear it straight away.

What else should I know about Low Interest Rate Credit Cards?

These are ‘no frills’ credit cards that seldom offer rewards such as cash back or 0% introductory deals.
Long term debt solutions such as a lifetime balance transfer credit cards may offer even lower rates of interest, so shop around first.
If you consistently clear your balance at the end of each month then a low interest rate credit card may not be for you. Take advantage of the special offers associated with reward cards instead.

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	Air Miles Credit Cards		Adverse Credit Cards

Standard Interest Rates On Credit Cards

What are Low Interest Rate Credit Cards?

What are the Benefits of a Low Interest Rate Credit Card?

What else should I know about Low Interest Rate Credit Cards?

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