answersLogoWhite

0

What are interest free credit cards?

User Avatar

Wiki User

2011-07-14 15:14:42

Best Answer

Interest free credit cards are some sort of deal credit cards make to get you to use their credit cards. Interest is cash that builds up on your debt. These interest free credit cards eliminates that for a few months.

User Avatar

Wiki User

2011-07-14 15:14:42
This answer is:
User Avatar
Study guides

The law is derived from three main sources what are they

If there is an erroneous payment then

These funds last 5 years have limited use and cannot pay for new obligations

How do you know which transactions are awaiting your approval

➡️
See all cards
3.73
59 Reviews

Add your answer:

Earn +20 pts
Q: What are interest free credit cards?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Which companies offer interest free credit cards?

Chase, Citi and Capital One are companies that offer interest free credit cards. These interest free credit cards most often do not stay interest free. They are interest free for a certain amount of time.


What companies offer interest-free credit cards?

Here is a site that talks about interest free for 18 months credit cards www.moneysavingexpert.com Cards , Here is a site that talks about credit cards www.moneysupermarket.com/credit-cards


How does interest free credit cards benefit people?

Interest free credit cards benefit people by making it impossible for them to run into credit card debt. Even if they keep a balance on their credit card, which is most people.


Which company does interest free credit cards?

Almost every major credit card company offers interest free credit cards. The factors that depend on your qualification include past credit history and current income.


What are the best interest free credit cards?

Interest free credit cards are available through most major credit card agencies. There is no one best card. It depends on what your intended purpose is for the card.


Which interest free credit cards offer the longest interest free period?

Some interest free credit cards that offer the longest interest free period are Capital One and Discover. They have good promotions for new customers that allow for an extended interest free period calculated at the time of approval.


What companies provides interest free credit cards?

Most companies provides interest free credit cards. However, that service is not permanent, and is only provided temporarily, mostly for new customers that have just signed up for credit cards with their company. However, Visa or MasterCard provide credit cards with really low interests, and have a rewards program which you can participate in by making purchases with their credit cards.


What credit cards offer zero interest?

Credit cards that offer zero interest are those that are part of credit card plans. Plans can only be achieved once a customer has demonstrated he or she can pay the credit and remain debt-free.


Where could I find more information on interest free credit cards?

Most banks will give you the option of comparing credit cards and credit card interest rates online. Scotiabank has this feature, and may be useful in trying to find an interest free credit card. However, be very wary of interest free credit cards, as usually there is a catch involved. Read the fine print carefully, as no bank would allow you to borrow money with no chance of making money from you.


Do companies offer interest free credit cards for businesses?

Yes, companies do offer interest free credit cards for businesses. Most of the time they are things like "Interest free for 18-months." This means they are giving you a certain amount of time to pay your balance without it costing you extra.


Where would I find a website that compares interest free credit cards?

Very wise idea. Some great sites for comparing just about anything including interest free credit cards is gocompare.com. Another one to try is creditcardguide.com.


How can banks offer interest free credit cards?

Banks can offer interest free credit cards because the Federal Reserve Bank has kept interest rates so low. However, many of these credit cards still have annual fees, late payment fees, and higher rates if you become delinquent and others. Some of these are also only for limited periods.

People also asked