The best low interest rate credit card with rewards is the Wells Fargo Active Cash® Card. This card offers an intro APR of 0% for 15 months from account opening on both new purchases and qualifying balance transfers. Note that transfers are subject to a fee of 3% intro for 120 days, then up to 5% (min $5). The card’s regular APR is 18.74% - 28.74% Variable. Plus, Wells Fargo Active Cash gives an initial bonus of $200 cash rewards after spending $1,000 in the first 3 months and 2% cash rewards on all purchases.
Some of the Best Low Interest Credit Cards with Rewards
Your regular interest rate for these cards will depend on your creditworthiness. Also, all of them have some sort of 0% intro APR offer, either for purchases, balance transfers, or both. Just make sure to choose the right one based on your particular needs.
All of these cards have a range of interest rates, depending on your credit worthiness. If your score is awesome, you can go as low as 13.5%, maybe even lower. If not, you'll get a higher one.… read full answer
The best low interest credit card for bad credit is the Indigo® Mastercard® for Less than Perfect Credit, which has an APR of 24.9%. While this APR still is fairly high, it is cheaper than what other unsecured credit cards available to people with bad credit currently charge. Additionally, the Indigo Credit Card card has an annual fee of $0 - $99, depending on your overall creditworthiness.… read full answer
Typically, unsecured credit cards for bad credit with low interest rates are hard to come by. That is why a lot of people turn to a secured credit card instead.
Secured cards are easier to get and usually come with lower fees than unsecured cards for bad credit. However, you set your credit limit with a refundable deposit. For example, if you put down a deposit of $200 when you open a secured credit card, your credit limit will be $200. If you close the account in good standing, you’ll get your deposit back. As a result, you can’t really borrow money with a secured card because it is your money to begin with.
The best cash back credit card with a low interest rate is the Wells Fargo Active Cash® Card because it offers 2% cash rewards on all purchases and has a $0 annual fee. The intro rate is 0% for 15 months from account opening on new purchases and 0% for 15 months from account opening on qualifying balance transfers. In addition, Wells Fargo Active Cash gives an initial bonus of $200 cash rewards after spending $1,000 in the first 3 months.
It is important to note that the best cash back cards with low interest rates typically have a low introductory rate that’s followed by a fairly high regular APR. These cards can still save you a lot of money, though, especially if you can manage to pay off the entire balance before the intro rate expires. WalletHub’s credit card payoff calculator can help with that.
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