GOBankingRates

All you need to Know About Credit Cards

credit card can be a helpful tool in managing your monthly finances, or an entrance into overwhelming debt when used improperly. Credit cards are great for building credit, handling big expenses and earning rewards, but it's important to pay the balance in full and on time, or else you'll be faced with interest charges and fees.

Aside from using credit responsibly, seeking out the best credit card offers can help you keep your balance under control and ensure you don't get in over your head with credit card charges.

Learn more tips about how to get the best interest rates for credit cards that will help you save money on interest charges each month.
Average credit card rates tend to fluctuate over time, but generally hover around 15% APR. Knowing the average credit card rates when you're applying for a card will help you determine whether you're being offered a competitive rate or not. Keep in mind, your credit affects the interest rate you're offered, and having very good – or very bad – credit means average credit card rates may not apply to your situation.

The best credit card rates are reserved for people with positive credit histories and scores. Generally, a fair or poor credit score will prevent you from obtaining the best credit card offers – poor credit makes you a risk to creditors and they will usually charge a much higher interest rate to compensate for that risk.

Before filling out a credit card application, perform a credit card rates comparison that examines several cards from several companies.

Credit card rates comparison is an important step in choosing the best card for you, but it should not be the only one. In additional to the best credit card rates, you should also be looking for other positive qualities and credit card promotions of a card.

Many cards also offer generous credit card rewards in the form of points, cash back or airline miles. If you're a frequent traveler, for instance, finding a credit card that lets you earn miles might be you highest priority (in addition to finding low credit card rates, of course).

No matter what type of card suits you best, comparing many of the best credit card offers from different companies to locate the best credit card rates and perks is essential in making a credit card helpful, and not harmful, to your financial situation.

Find the best Credit Card Rates in your Region or State:

Best Credit Cards Rates

Most Read Credit Cards Articles

How to Earn Triple Credit Card Rewards in Los Angeles

GOBankingRates explains how to earn triple credit card rewards points from Los Angeles Federal Credit Union. Learn how to get more back by s...

Read More »

Your Favorite Credit Card Is Waiting at PrimeWay Federal Credit Union

Texans carry $5,942 less in credit card debt than the national average. Capitalize on that with a rewards card.

Read More »

4 PrimeWay Credit Card Security Features That Protect Shoppers

GOBankingRates details PrimeWay Federal Credit Union's credit card security features. Learn how to protect your information when shopping.

Read More »

5 Benefits of Using a PrimeWay Credit Card for Shopping in Houston

Check out these credit card features and perks from PrimeWay Federal Credit Union in Houston.

Read More »

6 Reasons to Transfer Balances to a Generations FCU Credit Card

GOBankingRates explains the benefits of consolidating credit card debt. Learn about San Antonio-based Generations FCU's credit card with no ...

Read More »

Alliant Credit Union Helps Chicago Members Manage Credit Card Debt

With 0% APR, you'll be doing yourself a favor.

Read More »

5 Credit Card Perks That Make an Annual Fee Worth It

Sure, it's ridiculous to pay a fee so you can spend your own money ... Unless that means you get one of these cool perks.

4 Credit Card New Year’s Resolutions San Antonians Should Make This Year

A better relationship with your credit card starts today. Learn more about credit cards offered by Generations Federal Credit Union in San A...

Read More »

How to Find Low Credit Card Rates

After you’ve cleaned up your credit and are considered to be a prime credit customer, locating low credit card rates is all about comparison. Just because you qualify for the first card you apply for doesn’t mean it’s the best one for you. Before filling out a credit card application, perform a credit card rates comparison that examines several cards from several companies.