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A good credit card rate depends worldwide. However, a good credit card rate would range from 6% to 8%. But a credit card rate of 5% is more than what most credit card companies ask for. As for Visa, can be from 11% to 20%, depending on the type of card that you are applying for under the company.

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Q: What is a good credit card rate?
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What is an advantage of having an interest rate credit card?

The advantages of having a credit card with an interest rate is it helps build one's credit faster. The higher the interest rate of the credit card, the higher the credit score.


Which would be better to do, pay of a closed credit card that is at a good rate or pay off the open credit card that has a much higher interest rate Both cards have a large balance.?

It is better to pay off the open card that has the higher interest rate.


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 is the average credit card low interest rate?

Credit card companies offer different rates to different people depending on their personal credit score. A good credit rating should get you an interest rate close to 9.99%. Although, depending on the company issuing the card it may be higher or lower than 9.99%. As the Fed's rate moves, so do the rates on the credit cards.


What are some ways one can secure a loan to pay off credit card debt?

Securing a loan to pay off a credit card debt is not generally a good idea. However, if the interest rate on the loan is lower than the credit card rate it may be a good thing to do. Online lenders usually do not offer a rate lower than credit cards, so one's bank may be the only place to find a loan with a lower rate.

Related questions

what is a good credit card interest rate?

Credit card interest rates vary depending on many different factors. A person with good credit could get approved for 6% to 10%, whereas if your credit is poor you would have a rate of 20%.


what is a good credit card company?

A good credit provider is one who does not nickel and dime you for every transaction you make on the credit card. I would work on your credit first and then try to get a card with a low interest rate and no fee to activate it.


What is an advantage of having an interest rate credit card?

The advantages of having a credit card with an interest rate is it helps build one's credit faster. The higher the interest rate of the credit card, the higher the credit score.


Which would be better to do, pay of a closed credit card that is at a good rate or pay off the open credit card that has a much higher interest rate Both cards have a large balance.?

It is better to pay off the open card that has the higher interest rate.


Is it a good idea to transfer the balance of my credit card to another credit card?

If you can move the balance to a lower interest rate card then yes it is a great idea. If the rate isn't lower though, transferring your credit card balance to a new card is pointless. It's generally not a good idea to transfer balances between credit cards. Fool.com has a some great tips on balance transfers.


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 is a good rate for business credit card?

I am sure no credit card provide low interest rates, they are all high rates on both business or individual credit cards. Check out this site, they provide comparison of low interest rate credit cards. http://www.creditcardfinder.com.au/low-interest-rate-credit-cards


What is the credit card number and where to get advice?

Your credit card number is the number found on the front of your credit card. You can also order your credit score online to see if you have good credit. Banks general use your credit score to determine how much and at what rate they will lend you money.


What is the average credit card low interest rate?

Credit card companies offer different rates to different people depending on their personal credit score. A good credit rating should get you an interest rate close to 9.99%. Although, depending on the company issuing the card it may be higher or lower than 9.99%. As the Fed's rate moves, so do the rates on the credit cards.


what is the rate on fleet cards?

The thing about any credit card is that the interest rate is based off of your credit score. So the only way to know for sure what your interest rate would be is to apply for the card and see what happens. Good luck!


Is the interest rate on a Debenhams credit card high?

The interest rate on your Debenhams credit card will be dependent on your credit score and your likelyness to pay your credit card on time. The first 6 months to years interest rate is usually free.


What does APR stand for in reference to a credit card?

APR stands for annual percentage rate in reference to a credit card. An annual percentage rate is the rate companies or banks charge when one uses a credit card.