Best interest rate?

[Lissy]

What would you say is the best interest rate for credit cards? I've heard of some as high as 30%, which is plain terrible, and as low as 10%-12%, which I imagine would be rather hard to get.

[matt90]

You have to have very good credit in order to get a interest rate as low as %10-%12. Also, the credit card companies usually give good introductory rates when you start a new one or transfer an existing balance from another credit card. I like to stay away from credit cards because they can turn into a real mess real fast if you aren't careful.

[Cossette]

I have known Capital One Platinum Prestige as one of the credit cards that offers lowest interest rates. It only has an interest rate os 7.90%.
Intro Rate: No Introductory Rate Available
Grace Period: 25 Days
Credit Limit: up to $20,000
Annual Fee: None

[Ms_Margaret]

Well here are some credit card interest averages as per their different categories:
* Average consumer credit card rate, overall market: 14.33%
* Average credit card rate, non-reward consumer cards: 12.77%
* Average reward credit card rate: 15.00%
* Average student credit card rate: 14.62%
* Average business credit card rate (non-reward): 10.68%
* Average business reward credit card rate: 12.28%

Regards

[sudipto]

thnx for the informtive post..i think 7.9 is good rate...