如何选择低息信用卡

忘记奖励计划, 现金返还,航空里程和 津贴忘了贵宾机场贵宾室和 statement 信用. 的 single most important aspect of a credit 卡 is the interest rate. A low 年利率 每年可以为您节省数百美元,甚至数千美元,但是’许多申请人忽略了这一点。

Start raising your 信用评分 today.

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如果你 want 到void credit 卡 债务 or limit the damage that it does to your finances, you need to get the lowest interest rate possible for your credit 得分, 和 in this guide, we’将向您展示如何做到这一点。 

的 Best Low-Interest Credit Cards

在我们讨论一个 low 年利率, 和 the benefits of reward 和 balance transfer credit 卡s, we’ll look at the 卡s that traditionally 提供 the 低est rates.

It’值得注意的是,这些费率是基于范围的,如果您’在该范围的最高处获胜’t seem like a low-interest 卡 at all. 的 goal is to find a 卡 with a 低 range that 提供s the 降低 end of that range to the majority of applicants, but you also need to take a few simple steps to improve your financial situation, which we’我将在下面进一步讨论。

发现 It

的 Discover It credit 卡 comes in many forms, including ones aimed at students, users with bad 信用, 和 those seeking 使 平衡 transfer. All these 卡s, including the Discover It secured credit 卡, have a 奖励 scheme 提供ing at least 1% cash back 每天购物。

什么’s more, it has a balance transfer 提供 of 0% 年利率 for the first 18 months 和 all cash back rewards 第一年的收入将由 探索,使之成为最好的 cash back card for 新 users. For a low APR card 这也提供了很棒的 cash back rewards, perks and more, apply now.

  • 发行人: Discover
  • 年费:$ 0
  • Variable 年利率: 13.49% to 24.49% 
  • 开户 Offer: All cash back 匹配第一年
  • 国外交易费用:$ 0
  • Introductory 年利率: 0% purchase 年利率 for 6 months
  • 奖励计划: Up to 5% cash back

第一资本 Quicksilver

的 Capital One Quicksilver credit 卡 has a 0% introductory period that lasts 15个月 和 applies to both 平衡 transfers 和 purchases. 的re is no sign-up bonus 或介绍性奖励率,但在前三个月花费500美元时,您可以赚取150美元,并且该奖励有无限的1.5%奖励率适用于所有购买。

  • 发行人: Capital One
  • 年费:$ 0
  • Variable 年利率: 15.49% to 25.49%
  • 开户 优惠:前3个月花费$ 500,可享$ 150
  • 国外交易费用:$ 0
  • Introductory 年利率: 0% on purchases 和 平衡 transfers 15个月
  • 奖励计划:1.5% cash back on all purchases

追逐自由

A cash rewards credit 卡 接近匹配 Discover It, the 追逐自由 提供s up to 5% cash back 您每年花费的前1,500美元,包括轮换奖金类别,其中包括 grocery stores, 加油站,d other everyday expenditures.

  • 发行人: Visa
  • 年费:$ 0
  • Variable 年利率: 16.49% to 25.24%
  • 开户 优惠:前3个月花费$ 500,可享$ 150
  • 国外交易费 3%
  • Introductory 年利率: 0% on purchases 和 平衡 transfers 15个月
  • 奖励计划: 1% to 5% cash back

第一资本 VentureOne

的 CapitalOne VentureOne 卡 是个 发行人’s 最好 reward 卡 aimed at frequent flyers. Earn 1.25x reward points 所有购买 和 transfer these to 12 different loyalty reward 程序s. In the first three months, you can also secure 20,000 points (a value of $200) when you spend $1,000.

  • 发行人: Capital One
  • 年费:$ 0
  • Variable 年利率: 13.49% to 23.49% 
  • 开户 优惠:三个月内消费满$ 1,000可得20,000里程
  • 国外交易费用:$ 0
  • Introductory 年利率: 0% intro 年利率 购买前12个月
  • 奖励计划: Travel rewards program

美国运通 BlueCash Everyday

的 American Express BlueCash Everyday 卡 提供s a low 年利率 and penalty 年利率, with no annual fee and a bonus 提供 that drops $150 statement 信用 当您在第一季度花费$ 1,000时,就会进入您的帐户。 

的 奖励 rate 提供s between 1% 和 3%, with the higher rates capped at annual limits 和 提供ed for money spent at supermarkets, gas stations, 和 department stores.

  • 发行人: American Express
  • 年费:$ 0
  • Variable 年利率: 14.49% to 25.49% 
  • 开户 Offer: $150 statement 信用 当您在前三个月花费$ 1,000
  • 国外交易费用:2.7%
  • Introductory 年利率: 0% purchase 年利率 for 15 months
  • 奖励计划: 1% to 3% cash back

 

富国银行Cash Wise Visa

的 富国银行Cash Wise Visa offers up to 5% cash back on specific purchases 和 once the limits are reached it drops down 到n unlimited rate of 1.5%. Applicants are also 提供ed Apple Pay 和 Google Play benefits, as well as $600 worth of cell phone protection.

  • 发行人: Visa
  • 年费:$ 0
  • Variable 年利率: 15.49% to 27.49%
  • 开户 优惠:前3个月花费$ 500,可享$ 150
  • 国外交易费:3%
  • Introductory 年利率: 0% on purchases 和 平衡 transfers 15个月
  • 奖励计划: Up to 5% cash back

什么 is an 年利率?

通常缩写为“APR”, an 年利率 旨在帮助您比较 credit 卡s 并且根据法律规定, credit 卡 offers. If one 卡 has an 年利率 of 25% then you’我将不做进一步研究就知道它有一个 lower interest rate than a 卡 with an 年利率 of 26%. As a result, your 平衡 won’增长速度很快,如果其他所有条件保持不变,则您将在此期限内少付钱。

然而,与许多相反 cardholders believe, an 年利率 of 25% 没有’t mean you will pay exactly 25% on top of your 平衡 every year. It 没有’t mean, for instance, that a $10,000 平衡 generates $2,500 worth of 利益 for every year that it remains unpaid.

Interest accumulates daily, not annually. 的 amount you pay per day is basically [YOUR 年利率] / [DAYS IN ANNUAL CYCLE]. In the above case, that means 25% / 365. On the first day, your 平衡 grows by an infinitesimal sum, 和 on the second day, the 利益 is calculated against that sum 和 not the original 平衡.

这被称为“compounded 利益”实质上意味着您’re paying 利益 on top of 利益, which is why it grows so big so quickly, 和 why your 平衡 没有’无论您支付多少最低付款额,似乎都无法减少。

种类 Credit Card APR

  • Purchase 年利率: The 利益 that you pay on a rolled-over 平衡, which is a 平衡 that you do not repay at the end of the month. 如果你 repay your 平衡 in full at the end of all 结算周期,您通常会赢’t be charged any 利益.
  • 预借现金 APR: 的 rate charged when you use your credit 卡 从ATM取款。您可能还需要付费 cash advance 使用时的费用 credit 卡 赌博,购买汇票和 gift 卡s 或发起任何其他类型的现金交易。
  • Introductory 年利率: An intro rate is used 到ttract 新 customers 和 typically 提供s you 0% on purchases 和 transfers for a limited period.
  • 11选5技巧转介 年利率: An 年利率 charged on all 平衡 transfers, often in combination with a balance transfer fee. This occurs when you move your 平衡 from one (or more) credit 卡s to a balance transfer credit 卡.
  • Regular 年利率: 收费后的费用 introductory 年利率 period is over. 
  • Variable 年利率. 一种非固定利率,将来会根据最优惠利率而改变。

为什么是 Low-Interest Rate Important?

如果您还清 credit 卡 balance every month, the interest rate doesn’真的很重要。这就是 credit 卡s 应该使用,但是’s a habit that many users struggle to keep. Once you fail to clear the 平衡 during any given month, it rolls over, 利益 accrues, 和 you’重新困在那里 credit 卡 issuer wants you.

At this point, every single percentage point counts. As noted above, 25% 年利率 没有’只是意味着你’re paying $2,500 on a $10,000 平衡, in which case 1% less equates to $2,400. Once you add daily compounding 利益 to the mix 和 consider that you’re probably still using that 卡, that 平衡 climbs very quickly.

让’s假设您有一个 credit 卡 balance of 25% 和 a goal to repay that 平衡 in 80 months. You would pay $9,400 in 利益 over the course of the term. 如果你 reduce that 年利率 to just 23%, you will pay $8,600, saving yourself $800 over the term. And that’s assuming you don’t increase that 平衡, meet all of your monthly payments 和 are not hit with any late fees or penalty fees.

A low-interest rate 之所以重要,是因为高费率可能会花费您数百或数千美元。在这种情况下,虽然$ 800似乎不是一个很大的数目,’s 8% of your 平衡 和 it stems from an interest rate 仅增加2%。想象一下10%的费率变化会有多大的差异!

为什么高 APR Credit Cards Exist?

高利率 存在的原因有两个。首先,它们有助于抵消损失和负债。这是我们之前在PocketYourDollars上讨论过的很多次,但是’s something that’值得重申。简单来说, credit 得分 and a respectable credit history 更可能按时偿还他们的款项,并全额偿还其11选5技巧和所有应收利息。

An individual with bad 信用 和 a 低 credit 得分, however, is much less likely to do these things 和 runs a greater risk of default. If a credit 卡 公司有每种类型的1,000个客户,他们可能期望前一组的默认比率仅为5到10,而后一组的缺省比率为50到100。

用户与 good credit histories are rewarded with low 年利率s because the 发行人 will still profit, while users with bad credit 历史 需要收取更多费用以抵消更大的损失和风险,并继续保证利润。

And the difference between these consumers is massive. 的 average default rate for all credit 卡 users is between 1% 和 3%. 如果你 focus only on good 信用 用户,该比率下降到无穷小。 

我们不’没有关于那些谁的数据 credit 得分s were so 低 they weren’不被接受,但是对于那些消费者,我们只需要看一下 发薪日贷款—任何人拒绝的最后机会轿车  credit 卡. 的 rate of default on 发薪日贷款 is between 40% 和 50%, which proves just how vast the gulf is between those with excellent 信用 and those with bad 信用.

的 second reason lenders set the rates so high is because they know consumers will pay them. 如果你’re desperate for 信用 和 your credit 得分 is teetering on the edge, so much so that your only other option is 得到一个 payday loan, you’ll accept the first credit 卡 offer you receive, even if the 年利率 is extortionate.

如何获得资格 Lower Interest Rate

的re are a few things you can do to secure the lowest interest rate credit 卡s. It takes just a few months to make some serious changes 和 secure a solid APR 提供 在接下来的几年中为您节省了一笔小钱。

1. Improve 您的 Credit Score

您的 credit 得分 非常重要。它’贷方如何确定您的 creditworthiness 在大多数情况下’他们用来设置您的 credit 卡 interest. 的 higher your FICO score is, the more likely you are to receive a respectable 提供 on your new 卡.

  • 保持信用帐户开放: 虽然它’试图关闭您的已结算 credit 卡s, it will actually benefit your credit 得分 如果您让它们保持打开状态,则更多。这样,你的 credit limit stays high while your 债务 reduces, thus increasing your 信用 utilization ratio.
  • Repay 和 唐’t Spend: 的 more of your 债务 that you repay, the more your 信用 utilization will improve. At the same time, you should avoid making any 大量购买,因为这将占用您的很大一部分 credit limit away, thus reducing your 信用 utilization.
  • Meet 您的 Payments: A late payment can stay on your credit report 长达7年,减少您的 credit 得分 significantly. 如果你 make your payments on time, however, your payment history will gradually improve 和 take your 得分 with it.
  • 避免新应用: 每次您打开 new credit 卡 or 银行账户;每次贷款时, credit 得分 will take a hit. It will be slight, but if your goal is to improve your 得分 as much as possible, it’重要的是要继续前进并避免任何可能使您退缩的事情。

2.寻找 Intro 年利率

正如我们上面列出的 best credit 卡s, you can often secure a 0% 年利率 when you first apply for a credit 卡 and this often remains for the first 6 or 12 months, depending on the type of 卡. 

This 年利率 rate often applies to 平衡 transfers as well as all new purchases, 和 essentially means you can grow your 平衡 without accumulating 利益 和 hit 100% of the principal when you make repayments.

的se rates are essential if you’re moving 平衡s, as discussed below, but they can also help if you need a new 卡 to make a big purchase or two 和 won’没有钱可以立即偿还。 

It’s important, however, 到void abusing this rate, accumulating large amounts of credit 卡 debt 这将在未来几年内伤害您的财务状况。

3. Compare 和 Shop Around

唐’t假设您是第一流的’re 提供ed 是个 最好. Credit 卡 issuers 通过向您收取利息来赚钱,并且可能比竞争对手增加几个百分点。它’s important, therefore, to shop around, try a few different 发行人s 和 卡s, 和 look for the 最好 possible rate.

如果你’re worried about a hard 信用 check, which is initiated when you apply 到 new 卡, don’t be. 的 信用or is required to warn you before initiating one of these checks 和 it won’t provide them with more information than a soft 信用 check. 

多数贷款人赢了’t run a hard 信用 check until the final steps of the process, at which point you already have all the information you need 使n informed decision.

什么 About Rewards Credit Cards?

Reward 卡s have a reputation for charging higher interest rates 这是我们过去曾谈到的。但是,这不是’总是这样,如果您购物谨慎并且有 good credit 得分,你可以找到奖励 credit 卡 with a respectable 年利率. 

In most cases, it 没有’无论如何,从中受益的用户类型都至关重要 rewards 卡 不一定是受益于 low 年利率.

如果你不这样做’t每月还清您的11选5技巧, low-interest rate 应该是您唯一的重点。奖励可以提供帮助,但是在大多数情况下’只是抵消了一些损害,它们将永远无法提供足够的 perks 偿还您不支付的利息’不能全额结清11选5技巧。但是,如果您确实将11选5技巧全部清了,这些 perks 可以给您带来一些意外 cash back 每个月,您可能会从这笔交易中脱颖而出。

我们仍然建议寻找 low-interest rate, because you may hit a rough patch 和 be forced to let the 平衡 rollover, but if you’re a responsible credit 卡 user with a history of paying 平衡s in full 每个月 奖励 are just as important as the 利益.

什么 Should You Do if you’重新支付高利息吗?

如果你 already have a high-interest credit 卡, your options are a little more limited, but there are a few ways you can reduce that interest rate 并实现财务中立:

1.要求减价

联系您的 credit 卡 issuer 并询问他们是否有任何方法可以降低您的房价。告诉他们为什么您需要降低利率,并明确表示他们的这一小小的举动将提高您全额偿还债务的机会。 

This is ultimately their main goal. A 信用or loses a lot of money when an account defaults, so they are generally more than happy to facilitate your needs if it reduces the risk of default.

2.使用 Balance Transfer Credit Card

A balance transfer credit 卡 允许您移动当前 credit 卡 balances onto a new 卡. This new 卡 should 提供 you an intro 年利率 这将持续6到18个月,这意味着您的所有最低付款额以及您拥有的任何其他资金都将用于您的本金。 

This will clear your 平衡 quickly 和 while a regular 年利率 将在此时启动 intro period ends, if your 平衡 has cleared or reduced by this point, it will have less of an impact. 

您将被收取 balance transfer fee and this fee is charged as a percentage of your 平衡, but it’通常只有3%到5%,所以它’s not large enough to offset the benefits these 卡s can provide.

3. Improve 您的 Credit Score

A good credit score can help you in numerous ways. Not only can it give your 信用or a reason to reduce your existing 利率,但也可以在您申请 new credit 卡. 什么’s more, you’ll need a relatively good credit score to get a 11选5技巧转帐卡 with a limit large enough to cover your existing 平衡s.

4.还清

如果你r 信用or isn’t 提供ing you the reduced rate you need, give them an incentive. Offer to pay a large amount of money down if they will give you a reduced rate in return. And if they don’不同意,无论如何都要这样做。

正如已经讨论过的 credit 卡 interest compounds on a daily basis 和 the larger your 平衡 is, the more you will pay. 如果你 pay down a large lump sum, you’ll greatly reduce your 平衡 和 the amount of 利益 you pay over the term. This is true even if you don’t clear the 平衡 in full.

Of course, getting that 现金 windfall is easier said than done, but if you ever have an unexpected windfall from a lottery win, 现金 rebate or inheritance, it’s worth considering.