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This is an information service. By browsing on the website and/or using our search tools, you are asking RateCity to provide you with information about Credit Cards from multiple financial institutions. We will try to show you a range of products in response to your request for information. The search results do not include all provider sand may not compare all features relevant to you, for further details refer to our FSCG. The rating shown is only one factor to take into account when considering these products. See the rating methodology We are not a credit provider, and in giving you product information we are not making any suggestion or recommendation to you about a particular credit product. If you decide to apply for a Credit Card, you will deal directly with a financial institution, and not with RateCity.

Interest Rate On Purchases

The interest rate on purchases is the rate that you will be charged for each purchase you make on your credit card. Essentially the lower the interest rate the less interest you have to pay, however if you make use of the interest free period and pay off your balance in this time you will not be charged interest.

Usually a financial institution will charge one interest rate on purchases and one interest rate for cash advances (withdrawals) and this rate is normally a lot more.

Interest rates will be different between financial institutions, so it pays to compare credit cards online to find a card that offers the lowest rates.

To find a credit card with an interest rate below 12 percent check out the table below or compare credit cards on our credit card page.

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About Credit Cards Articles

RateCity provides credit card news and features, including a range of weekly stories and economic updates. By checking our credit card news and features daily, you can ensure that you receive up to date, expert commentary on current financial and economic issues. Before you search, compare or apply for the best credit card for you, help yourself understand the market by reading mortgage news and features at RateCity.

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