Sep 21 2017

Best Low Interest Credit Cards of 2015 – The Simple Dollar #free #yearly #credit #report

#low interest credit cards

Best Low Interest Credit Cards for 2015

Before searching for the best low interest credit card, you should first understand what low interest really means. Most credit cards offer interest rates that fall somewhere in between 4.9% and 24.99%, with the highest interest rates charged to individuals with the worst credit.

If you have good or decent credit, you should aim for a low interest credit card with the lowest APR you can possibly find. However, you can also keep your eye out for cards with introductory rates as low as 0%. The best low interest credit cards are the ones most likely to offer these favorable terms along with other perks.

The Simple Dollar’s Top Picks for 2015

Here are the 3 best low interest credit cards:

Chase Slate®

Chase Slate® secured its spot at the top of the list due to how easy they make it to transfer a balance from a high interest card. Not only does the Chase Slate® card charge some of the lowest rates around, but it is one of the only cards I could find that does not charge the customary 3% balance transfer fee when you transfer any balance within the first 60 days.

The one drawback is that it does not have a rewards program of any kind, but the low cost features are perfect for someone tackling high interest debt.

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