Low Interest Rate Credit Cards
Low introductory interest rate credit card deals can give you some benefits. For instance, if you want to make a large purchase, you can put this large purchase on your low intro APR credit card and thus save money.
However, low intro APR credit cards, as everything in this world, have some disadvantages too. One of them is high fees for late payment and for going over the credit limit. So be careful and try to pay all your bills on time.
If low intro APR credit cards are for you, make your own research before obtaining a card. Pay close attention to all terms and conditions. Many credit cards offer low interests for introductory period and after this introductory period is over, the ongoing interest rate can jump very high. Make an effort to read a credit agreement carefully and you will avoid this credit trap and save your money.