Some people are not aware about 0%credit cards and pay no interest. Of course there is normally some duration of time, the no interest applies, which can be six months, twelve months, fifteen months or eighteen months. This time you need to pay attention.
You need to make note of a few things.
1. How long of a period does the 0% interest apply
2. Is there an application fee?
3. Is there an annual fee?
4. What does the interest rate convert to after the promotional period?
5. Is there a grace period, and if so, how long?
6. Are there any other applicable fees?
You want to know the answers to the above questions firstly. Equally important, you also want to deal with a bank you can trust.
You can sometimes find extra perks available with your new card. These perks are typically advertised as rewards. There are rewards for air miles, gasoline, rebates, hotels, points, and cash back, to name a few. These rewards can be very enticing, but again, make sure you read all of the fine print.
People look for a credit card with for some reason:
1. To pay no interest on purchases
2. To pay no interest on balance transfers
You can sometimes even find both of these options available together on the same card.
Before applying for credit cards, think about how you will be using that credit card. Will rewards be benefiting you? Will you be using it for purchases which you will pay for at the end of the month? Will you be using it to transfer the balance from another interest bearing credit card?
Each of these things is important to know to make your final decision because there may be fees attached to your new credit card.
Do you want to know the best place to apply for a credit card with 0 percent interest? You can easily and conveniently apply online, but not just anywhere online. You have to be careful when applying for credit cards. Compare features, narrow it to the best offer, and then apply.
We can show you how to easily shop and compare for the best deal at our website.
