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Lowest Interest
Rate Credit Cards
To see if a low
interest rate credit
card is right for you,
you first need to work
out whether you are an
"interest payer" or a
"transactor". Interest
payers don't clean
their balance each
month and as a result
will get more value
out of a low interest
rate credit card.
Switching to a low
rate card will save
"interest payers"
thousands in the long
run. Transactors clear
their balance in full
each month without
paying interest, so
higher interest rates
aren't such an issue.
Transactors can save
by getting a card with
Reward Programs,
Frequent Flyer Points
or a long interest
free period |