2016’s Best Credit Cards with Low Interest Rates
|Best For...||Card Name||Intro Rate||Regular APR||Annual Fee||Credit Required||Editors' Rating|
|New Purchases||Citi® Diamond Preferred® Card||0% for 21 months||12.24% - 22.24%||$0||Excellent||5 Stars|
|Balance Transfers||Chase Slate®||0% for 15 months||13.24% - 23.24%||$0||Good||5 Stars|
|Low Regular Rate||Barclaycard Ring MasterCard®||N/A||8.25%||$0||Excellent||3.8 Stars|
|Fair Credit (Honorable Mention)||USAA Rate Advantage Platinum Visa®*||N/A||7.15% - 24.15%||$0||Fair||3 Stars|
|Bad Credit (Honorable Mention)||First National Bank of Omaha Secured Visa® Credit Card||N/A||18.24%||$0||Bad||4.7 Stars|
*Only available to the military community: current and former members as well as immediate family.
Whenever you carry a balance on a credit card from month to month, make sure to do so with a purpose (and a credit card calculator). Have a good reason for getting into debt and a specific plan for how and when you’re going to get out of it. For example, getting a 0% credit card before a big-ticket purchase and paying off your balance before the 0% term ends is a great approach. Racking up expensive interest charges simply because you’re spending above your means is not.