Looking for that Low interest Credit Card?

If you have been shopping around for a Low Interest Credit Card you will notice that the UK market is awash with Credit Card companies offering low rates to entice you to apply for their Cards.

There has never been a better time to consolidate your credit cards and get a far better interest rate. There are many offers out there but they all offer pretty much the same thing. The only thing that varies is the APR the 0% balance transfer period and possibly reward points for using the card.

With all these cards on offer you can be very selective and apply for a card that suits your needs and spending habits.

Looking to consolidate you existing credit cards?

Points to consider:

How long is the 0% balance transfer period for?

These can usually range between 6 and 9 months. These periods of 0% interest may seem attractive but make sure you know what the APR will revert to after the period comes to an end. Read the fine print as some credit card companies will expect you to spend a min amount to secure this low rate. Don't fall for this as there are many that do not expect you to spend anything.

Do you plan on clearing the balance within the 0% period?

If you do not plan on clearing the balance it may be worthwhile getting a card that has a low balance transfer rate for the life of the balance. Some credit cards will set a low interest rate until you pay off the balance in full, whether it takes 6 months or 6 years. This way you don't have to worry about paying a sudden increase in interest rates at the end of an introductory period.

Once you have established how to manage your credit card debt you will be in a much better position to choose the right credit card. The UK is in the grip of a huge debt epidemic and it's important to ensure that you are paying the least amount of interest on your debt. Also ensure that you are making your monthly payments. If you can afford it try and pay more than the minimum required every month as the longer it takes to pay off your card the more the credit card companies will make off you through interest charges.

Many people will transfer their credit card balances every time the 0% introductory period runs out. A term used for this is a "Card Tart" and as far as I know it's not illegal. The amount of times you apply for a credit card in a 12 month period may have an adverse effect on your credit rating so beware you are not damaging a perfectly good credit history by continuously applying for a 0% credit card.

Grant Marwick is a freelance writer and owner of http://www.only-credit-cards.co.uk where you will find advice and more articles on Low interest and 0% Credit Cards

---

Google News Updated : Sun, 07 Sep 2008 02:07:34 GMT Rival Tickets Are Redrawing Battlegrounds - New York Times Times Online Rival Tickets Are Redrawing Battlegrounds New York Times - 3 hours ago Senator John McCain and Gov. Sarah Palin held a rally on Saturday at an airplane hanger in Colorado Springs, Colo. By PATRICK HEALY and MICHAEL COOPER Fresh from the Republican convention, Senator John McCain’s campaign sees evidence that his choice of ... On to the main event for McCain, Obama Atlanta Journal Constitution Obama, McCain to Honor Victims of 9/11 Together Voice of America AFP - Hagerstown Morning Herald - Washington Post - Financial Times all 1,434 news articles Publ.Date : Sat, 06 Sep 2008 22:23:34 GMT Hot Docs: Defending Georgia, Girls Married by 15, the Chemical BPA ... - U.S. News & World Report CTV.ca Hot Docs: Defending Georgia, Girls Married by 15, the Chemical BPA ... U.S. News & World Report - Sep 5, 2008 A Resolute Strategy on Georgia: One day after Secretary of State Condoleezza Rice announced "at least $1 billion" in aid to Georgia, a Center for Strategic and International Studies report looks at increasing criticisms of such programs. Bisphenol A may harm fetuses, infants and children Food Consumer That Plastic Baby Bottle New York Times eFluxMedia - Los Angeles Times - Washington Post - AHN all 308 news articles Publ.Date : Fri, 05 Sep 2008 14:01:40 GMT Tough Game Expected, but Penn State Makes It a Rout - New York Times Washington Post Tough Game Expected, but Penn State Makes It a Rout New York Times - 50 minutes ago By AP Evan Royster rushed for 141 yards and 3 touchdowns, Daryll Clark threw two scoring passes and the defense for 19th-ranked Penn State did not miss a beat without two suspended starters Saturday in a 45-14 victory over visiting Oregon State. Clark, Royster lead Nittany Lions to romp over Oregon State Seattle Post Intelligencer Big Ten early notes: Penn State makes a statement ESPN The Associated Press - SportingNews.com - Dawgman.com - Big Ten Network all 388 news articles Publ.Date : Sun, 07 Sep 2008 01:17:05 GMT FDA to List Drugs Being Investigated - Washington Post ABC News FDA to List Drugs Being Investigated Washington Post - 21 hours ago By David Brown The Food and Drug Administration will begin posting every three months a list of drugs whose safety is under investigation because of complaints brought to the agency's attention by drug companies, physicians and patients. The Basics on the Foodfight Over Irradiation U.S. News & World Report 20 Drugs FDA Is Watching WebMD Wall Street Journal - Los Angeles Times - The Associated Press - CNNMoney.com all 535 news articles Publ.Date : Sat, 06 Sep 2008 04:19:40 GMT 'Wrestler' takes top honors at Venice - Variety 'Wrestler' takes top honors at Venice Variety - 5 hours ago By JEFF SNEIDER Darren Aronofsky's "The Wrestler" has won the Venice Film Festival's Golden Lion. Pic stars Mickey Rourke as a past-his-prime wrestler on the comeback trail. 'Wrestler' wins Golden Lion Hollywood Reporter "The Wrestler" wins Venice Golden Lion Reuters Independent - The Associated Press - guardian.co.uk - TIME all 418 news articles Publ.Date : Sat, 06 Sep 2008 20:11:44 GMT 'Bangkok Dangerous' - Los Angeles Times Los Angeles Times 'Bangkok Dangerous' Los Angeles Times - 3 hours ago The Pang brothers remake their audacious 1999 film, but without the gritty, seamy feel of the original, it seems like just another bullet ballet out of a Steve Wynn dream. 'Dangerous' prosperous at box office Variety An Assassin Arrives to Turn Off the Lights New York Times Metromix - Reuters - Boston Herald - Portsmouth Herald News all 275 news articles Publ.Date : Sat, 06 Sep 2008 22:52:03 GMT Google Chrome Reflects A Desktop In Decline - InformationWeek PR Web (press release) Google Chrome Reflects A Desktop In Decline InformationWeek - 4 hours ago After 10 years as a company, Google is making the Chrome browser key to the coming of age of cloud computing, or software as a service. Mozilla updates Firefox 3.1 with Alpha 2 build Computerworld Mozilla releases second Firefox 3.1 alpha CNET News CRN - Milwaukee Journal Sentinel - Examiner.com - Hartford Courant all 231 news articles Publ.Date : Sat, 06 Sep 2008 21:46:03 GMT Create Blog RSS For Web Pages

PARLOT::Ebooks, Scripts, Websites, and more...

Adsense websites

Useful Tips When Choosing Credit Cards

Chances are you have received your share of "pre-approved" credit... Read More

Why Americans Find Predatory Lending Offensive

"Menis - the author translates as "indignant rage" - It... Read More

The FICO Score Misconceptions

There are many misconceptions about credit scores out there. There... Read More

What Should I Do If I?ve Become a Victim of Identity Theft?

Identity thieves take advantage of everyday opportunities to discover your... Read More

10 Ways of Reducing the Risk of Identity Theft

1- Check your credit report regularly2- Secure personal information in... Read More

Big Brother Knows Whats in Your Credit Report - How About You?

Whether you are aware of it or not, credit bureaus... Read More

SuperCharged Secret 5, Credit Card Utopia

LIVING IN CREDIT CARD UTOPIALet's just take a brief moment... Read More

Taking Control of Your Credit History

Your credit history is important; in fact, in this day... Read More

Good vs. Bad Credit Debt

Do you know the difference between good and bad credit... Read More

Automobile Credit Report

When applying for a loan to purchase a car, the... Read More

Bounced Checks - Straight Talk On Dealing With Bad Checks (NSF)

A check can be considered bad if it is bogus... Read More

Our World Of Credit Cards! Which One Is Right For You

There are not many of us who do not have... Read More

Do You Know The Top Five Credit Card Mistakes?

When you're dealing with credit cards, you're playing with fire.... Read More

Choosing the Right Credit Counseling Agency for You ? Some Tips Part 2

Credit counseling companies come in all shapes and sizes. Whether... Read More

Dealing With A Collection Agency

Step I - Selecting A Collection AgencySelecting a credit collection... Read More

Tips for Credit Card Surfers

Moving money from credit card to credit card to take... Read More

Figuring Out the Ever Nebulous Numbers Called Credit Scores

Credit Score FactorsThe information contained on our credit reports affect... Read More

When You Are Eligible For A Free Credit Report

By Federal law, you are entitled to one free credit... Read More

Like It Or Not, You Have A Score To Settle! Part 1

Just when most people finish with school and can stop... Read More

Credit Counseling Basics

Credit counseling is an option you might want to consider... Read More

How You Can Avoid Becoming A Victim Of Identity Theft

To reduce or minimize the risk of becoming a victim... Read More

Credit Card Rates - Negotiating Rates with Your Credit Card Company

Ok, let's face it, everybody hates high credit card rates,... Read More

Your Credit Score

Credit scores: all lenders use credit scores to determine interest... Read More

Building Your Credit History

Today, credit is an indispensable part of our lives. In... Read More

What Happens When Your Credit Is Damaged? Do You Have Recourse?

The good thing about bad credit is that you can... Read More