Personal finance news - CNNMoney.com Updated : Keeping wealth in the family Lisa and Bruce Brown are fortunate enough to have plenty of assets to protect. Foremost of these is their children: The Browns are the proud parents of four-year-old Emma, and they have another baby on the way. The Oakland couple also have considerable assets of the financial variety. Thanks to diligent saving and smart property investments, the Browns have a net worth of nearly $2 million. Publ.Date : Wed, 31 Dec 2008 13:09:06 EST Life after a six-figure salary Happy new year and welcome to your new job. One that pays 30%, 50%, 70% less than your old one. Publ.Date : Fri, 02 Jan 2009 06:26:42 EST Macy's reports overcharging customers Some Macy's stores overcharged holiday shoppers who used debit cards to make purchases on one of the busiest shopping days of the year. Publ.Date : Fri, 02 Jan 2009 15:27:22 EST Add RSS Feeds To My Web Pages Website Traffic Promotion

Credit Card Offers Online Home Page

How to choose the right low interest credit cards?

Many factors determine the type of credit cads one may want to own. There are low interest credit cards, rewards credit cards, cash back credit cards, air miles credit cards etc., A person who has been balancing income and expenditure with not much to save would love to get low interest credit cards. Even if a payment is missed, the interest charged on these credit cards is low. Low interest credit cards are available with Visa, Mastercard, Discover, Chase and the like.

Factors that need to be considered before selection of low interest credit cards are:

Intro APR and ongoing APR: Many credit cards come with 0% intro APR. This 0% may be applicable for a period of 6 months or even more. One should ensure whether balances from other credit cards can be transferred to the 0% intro credit cards also. If so, one can jump on this offer as no interest becomes applicable for at least 6 months. Some companies offer low interest credit cards without any 0% intro. As long as one owns these types of credit cards, the interest is low. 0% intro for 6 months may well become a high interest credit card after the intro period is over. People should understand APR before the selection.

Grace Period: This is time period allowed between purchases made and the actual payment. Most of the companies come with 21 days grace period. After the grace period is over, one may have to pay a minimum on the balance and interest becomes applicable thereafter. Longer the grace period better for the person.

Annual Fee: If credit cards come out with benefits like cash back, rewards, air miles etc, invariably an annual fee may have to be paid. If a person is not using credit cards much, then it is not worth going in for these types of credit cards.

Credit Line: For people with good credit history, getting a higher credit line is not a problem. Those who want to build credit history may find the lowest amount offered as credit limit on credit cards. After a period of time with regular repayments, one may get higher credit limit.

The above four factors are the most important in determining what types of  low interest credit cards one can apply for. Online sources are offered in this website that offer low interest credit cards and you can benefit by clicking through these sources.