Credit Card With Low APR - Advice and Information

Choosing a credit card with a cheap interest rate will help to save you money if you do not want the hassle of shopping around when the introductory period expires. In addition, if you have built up a debt on your existing card then it's time to consider switching to a credit card also offering a low balance transfer rate. The average annual percentage rate for credit cards purchases is around 16%. With a balance of £3,000 and a rate of 16%, and paying off the minimum balance each month, over £400 a year could be saved by switching to a low apr card.

To get the most out of your credit card deal it is important to select the right card for your lifestyle. Decide whether it's actually suited to the purpose for which you intend to use it. Many people accept offers that do not fit with their spending or repayment habits, and as a result end up paying more than they need to.

A cheap credit card is a useful tool if you make it work for you and keep shopping around for the latest offers. If you're regularly using your plastic and rarely or never repay the debt in full then look for a card with a better introductory purchase rate or a very competitive standard rate.

Click here to view the full range of Bradford and Bingley's financial services. Just answer a few simple questions and we'll give you a tailored list of options from a selection of leading providers. Review each product in detail, then select and apply online when you've found the right one for you.