Low Intro APR
No Annual Fee
Cash Back
Reward Cards
VISA
Mastercard
Business Credit C.
Balance transfer
Student Credit Cards
Frequent Flyer
Gold Cards
platinum Cards

Advanta
American Express
Bank of America
Bank One
Chase Manhattan
Discover

Bankruptcy
Slow Credit
Average Credit
Excellent Credit

Seasonal cheer has come around once again and tills are dinging away merrily as people spend like there is no tomorrow.

Well they used to ding! now every thing is computerised and instead of money most people pass over that little card and don't think about the cost of what they are buying.

Then straight after Christmas the sales begin and people rush out to grab those bargains. But are they bargains? Have you taken into account the interest charges on that small piece of plastic that you pass over happily without a qualm.

The more you spend the higher those charges, and they are not just one off charges. How long will it take you to pay off the bill for all those bargains?
Just check your account each month and see exactly what you pay in interest until the amount you have spent is paid, were they still bargains?
Not that you will worry, after all the joy is in the spending without worrying about the cost.

Many people are now dependant on that piece of plasti c, because where once upon a time they had money to spend, now the cash goes to pay monthly payments, its like a merry go round.

You might be one of those responsible people who pays their card in full every month and you do not have the worry about extra charges, but you are still dependant on it because once you have paid your monthly payment the cash has gone again.
If you are happy with the situation that is fine, but if you miss having some cash in your pocket then here is one way to get out of it.

The easiest way that I found to do it was this. As you are nearing the end of the month just stop and think! Do you really need that new jumper? or can you cut out two or three of those items of food shopping in your basket? If so then do it.

When you pay your monthly payment, instead of reaching the actual limit that you usually pay on your card you should have that extra few pounds left that you did not spend.
It might only be two or three but you have it in hand, search out a jug or vase and put the extra money in and forget it for that month.

The following and subsequent months do the same. If you can resist the temptation of touching that money until it reaches the actual monthly payment that you send, then you have broken the link and you have the money to get through the month ahead and your card is redundant for the time being.

I say time being because in cases of emergency your card is a great standby if the need arises. If an emergency does happen just keep it as low as possible so the payments are affordable without ending up in the same trap.

Webmaster of Business website http://www.sylviawh.co.uk (c)

Article Source: http://EzineArticles.com/?expert=Sylvia_White

Back to the Articles

Yes, low APR credit cards are on the rise. Many credit cards are competing for your business to give you the best and lowest rates available today. There are so many credit cards from you to choose from that they are doing all kinds of things to get your attention including lowering their interest rate and giving you no annual fees.

Why is this happening? Because there are so many credit card companies. They all want your business and this is an attractive incentive to get you to apply and own one of their credit cards. If you choose a low APR credit card over one with 19.99 percent you are sure to go with the lower APR.

The only problem is that sometime these 0% and low APR credit cards are only promotional ways to get you to apply and then later your interest rate will rise. Many credit card companies have low APR credit cards for a certain amount of time such as 3 months, 6 months and some up to one year. You will have to compare to find out which one keeps the lower APR after the promotional period to ensure you are getting the best deal around.

No matter what the reason low APR credit cards are here to stay as long as the companies are competing for your business. Just remember to compare everything they offer besides the lower interest rate. You may find that several credit card companies are now offering other wonderful incentives for you to apply with them such as reward programs.

No matter which company you choose, you will enjoy the low APR credit cards even if it is only for a limited time. You will be able to save money on your purchases because you will not have to pay any interest until the promotional period is over. Just be sure your balance is very low when the interest rate kicks in and you will be fine.