The growing discontent amongst Americans about rising interest rates of credit cards is very obvious. This is also evident from the fact that a lot of credit card customers often have been seen to shift from one credit card to another and also by constantly oscillating between credit and debt. However, there is still one bank that plans to help the credit card customers by giving them a chance to spend with freedom while keeping the interest rates down. A new Visa card has been launched by the Metro Bank, which has said that this will be the next great card in the country. The annual percentage rate of the Metro Bank personal Visa Card is very attractive at 9.9% without any annual fee. As of the end of August, this year, the average annual percentage rate on consumer credit cards was 16.79 according to the Index Credit Card's Monitor. The icing on the cake is of course the fact that there is neither annual fee of balance transfer fees.
The president and chief executive of Metro Bank said that these cards offer a much better deal that the other cards. This is because the low interest rates and no balance rate clause is not just applicable for the introductory period but throughout unlike all the other cards. This goes to show that the low interest rate and no balance transfer fee wouldn't end after 6 to 12 months definitely. These offers however, would be extended only to the most creditworthy individuals whose credit ratings are very high. Hence for all those who have a good credit rating and are interested in balance transfer with low interest rate the Personal Visa card offered by the Metro bank is a great option.
The Metro Bank, which is a subsidiary of the Metro Bancorp Inc. has 33 facilities across 6 different counties in Pennsylvania and is based in Harrisburg, Pennsylvania. The financial services retailer offers a number of services including 7 day banking without holiday, free instant issue of the Visa debit as well as the credit card, a free checking account and free machines for con counting along with round the clock customer service and even more importantly online banking facilities. The Metro Bank also offers commercial banking services that include cash management services, commercial mortgages and the term loans as well. All of this definitely means that the card issuer is highly reliable and the offer is good to stay.