Summary of low fixed rate credit card:

• Get Credit Score in order

To obtain a 0 apr credit card uk or US, you need a good to excellent Credit score.


Zero 0 Apr Credit Card offers can easily become a nightmire if not handled properly


Get your annual free credit report and fix any errors. This will increase your credit score and hence make you more eligible for a 0 apr credit card offer

• Research the best issuers

Check out citibank credit cards, Discover, American Express and JP MOrgan Chase, etc. Be patient here

• Locate the Online application form on the issuers website
• Read the Fineprint at the bottom of the low interest credit card application.

Be sure you understand the restrictions and implications

• Fill out ALL relevant and requested application form fields CORRECTLY

Dangers of zero low intrest credit cards:

• Introductory Period

is easy to forget and comes really quickly

• Balance Transfer fees

Understand the balance transfer fees and do your home work. While you may get a low or zero apr credit card, paying a 5 percent balance transfer fee washes away any advantage in using the card

• Convenience Check terms and Fees

Understand how the issuer treats convenience checks

• Payment Cycle period

Some have a 25 day payment cycle. Budget accordingly. You may also call in to request a specific payment date.

Most of the reliable and user friendly 0 apr credit card offer can be secured online by filling in the relevant application forms or going to the credit card providers websites such as JP Morgan Chase, Citibank, etc.

Before filling the forms in, make sure you read the fine print and the offer document carefully.

This is the first crucial step to ensure that your form gets approved.

Most of the online applications have the instant approval feature incorporated into them. This means that you will not need to wait long for approval.

Your credit worthiness is prime importance and that will be the one and major source that fuels the approval of your credit card.

Make sure you have a positive credit score and one that is currently valid.

Also, make sure that you have filled in your application correctly and not left out any blanks

especially in the mandatory columns.

All additional documents need to be sent to the provider immediately if you are applying online.

If you have chosen a credit card company that has an offer in the offing then you will get your card approved quickly because an offer indicates that the company is looking for targets to be completed.

Hidden Dangers of Zero Apr Credit Card offers

A 0 APR card can be a potential danger if not used wisely; for they are highly misunderstood in terms of the offer they give.

The first thing to realize here is that the zero APR credit card offer is valid up until the introductory offer period ends and then the regular rates apply.

You need to track your purchases and your offer valid period so that you do not end up with a high APR card termed account you cannot handle.

Also, make sure that you know what the transaction fee is for each balance transfer.

Check out whether your credit card provider takes convenience checks as balance transfers for you would not want to end up with a bulky checking account instead of a closed credit card.

Make sure you know how and when your credit card company plans to get the money from you because you would not want to be caught by surprise.

However lucrative the introductory offer is, make sure you are aware of the hidden dangers because whatever has been said and done the money that you spend will be taken back from you.
So go in for a 0 APR card only if you can pay back your money because the offer is valid only during the introductory period.

Return from 0 apr credit card offer to Credit card

0-apr-credit-card-offer is a post from: Credit Card debt help online News