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Does canceling a new credit card hurt your credit score?
Canceling your card can hurt your credit score..... SORRY!! You should not cancel even if you intend not to use it. One credit secret is the more available credit not in use the better you look. I.E. percentage of revolving debt compared to available-it helps reduce that and increase your number.
Isn't canceling a credit card same as breaking a contract?
No. There is no time set for a credit card. It is issued at the pleasure of the CC company, and used at the pleasure of the customer.
What is the lowest credit card interest rate?
The lowest credit card interest rate at the moment is 7.8%. The credit card that offers 7.8% is Sainsbury's Nectar Low Rate Credit Card. One can find low interest credit cards from the Money Supermarket website.
What credit card offers the lowest rates?
There are many credit cards that attempt to compete with each other for having the lowest rates. Currently, the Capital One VentureOne rewards credit card has the lowest rate.
What is the lowest credit card interest someone can have?
6.99% to 9.99% is what the lowest credit card interest that can be expected is. A card with such low interest can not be expected to come with very many perks.
