Low credit rates is nothing short of a credit card reward


Credit-Land.com is an independent, advertising-supported web site. Credit-Land.com receives compensation from most credit card issuers whose offers appear on our site. Compensation from our advertising partners impacts how and where their products appear on our site, including, for example, the order in which they may appear within review lists. Credit-Land.com has not reviewed all available credit card offers in the marketplace.

Credit Card Applications » Research » Guides » Travel with Credit Cards » Low credit rates is nothing short of a credit card reward

Low credit rates is nothing short of a credit card reward

Updated: December 26, 2012

The content is accurate at the time of publication and is subject to change.
There are a lot of types of credit card rewards offered by the various banks which give out credit cards. But of all the rewards, the best one to get would be a low interest rate credit card. We shall discuss how to go about getting yourself that dream card which allows you to make purchases and then pay back the cash owed at a very low interest rate. The thing about credit card rewards is that the really good ones are very rare. They are given only to those people who truly deserve them. These people are those who have managed their finances well and have developed a very good credit score. a starter who has just got a credit card cannot expect to get a low interest rate credit card in the beginning itself. Even if you do land one, it will be for a limited period as an introductory offer. If you already own a credit card and have been making purchases for a substantial period of time, it is time to get it renewed. When you go for a renewal, ask the banks representative to give you a low interest rate credit card. You can say that you have been a loyal customer for a certain period of time and that now you would like the bank to appreciate your loyalty. If you have been paying all your dues on time, then this should not be a problem. You should let the representative know that you want your credit worthiness to be taken into consideration to make your case for reduced interest rates. If your negotiation with your current credit account does not go well, you can always look into other banks. The other banks will obviously look into your credit score and find out that you have been diligent in the use of your credit card and will be more than happy to have a good customer like you. Hence they will give out special credit cards with reduced interest rates or in some cases cards with an initial time period during which no interest will be charged on the transactions made. This time period can sometimes extend upto one year. This sort of offer is many times made to newbie`s and one must consider oneself to be lucky to get such an offer with no track record. If you are still not able to get a good offer from your bank, you have all the right to ask for a written explanation from them. These days even with a good credit score it is difficult to get a low interest rate card because banks are undergoing severe losses and are also wary of customers given the large number of defaulters plaguing the industry. But when you get an explanation from them, you can at least try and sort out your side of the problem in order to get a better deal. It never hurt anyone to try to get a better deal.

Disclaimer: This editorial content is not provided or commissioned by the credit card issuer(s). Opinions expressed here are the author's alone, not those of the credit card issuer(s), and have not been reviewed, approved or otherwise endorsed by the credit card issuer(s). Reasonable efforts are made to present accurate information, however all information is presented without warranty. Consult a card's issuing bank for the terms & conditions.
All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.
Add to Favorites:
Get the latest news, articles and expert advice delivered to your inbox. It's FREE.

Other Travel with Credit Cards Research:

Related Research:

Autumn 2018: Best Rewards Credit Cards for Thanksgiving Shopping

Autumn 2018: Best Rewards Credit Cards for Thanksgiving Shopping

Posted: November 8, 2018

Thanksgiving is coming, and whether you are hosting a meal or coming as a guest, your spendings are going to accumulate faster than you can notice. A holiday feast is a costly matter – each year Americans spend around $50 on a Thanksgiving ... Continue reading
The Best Credit Card for Earning Cash: Discover it® Cash Back

The Best Credit Card for Earning Cash: Discover it® Cash Back

Posted: November 2, 2018

You’ll have hundreds of dollars in your pocket in no time because you’ll earn money back on every purchase you make with this card. There are no restrictions on the amount of cash back you can get, and Discover even matches every penny you ... Continue reading
Top 5 Cards for Travel from Our Partners: Autumn 2018 – Expert’s Choice

Top 5 Cards for Travel from Our Partners: Autumn 2018 – Expert’s Choice

Posted: October 10, 2018

Nights are drawing out, the wind is colder every day and you already feel the lightest breath of winter on your face - autumn is here. Holidays are over, kids are back to school and all you are left with are hefty holiday bills that you ... Continue reading
You've successfully subscribed!

Please specify the following:All these fields are optional

Your Credit History
Themes you are interested in:

By providing this information you help us make our news letters more useful and informative. Thank you!