MBNA, chase offering low APR credit cards
Presently, the APR on credit cards is steadily increasing, and there are lenders who are offering deals to people who have been able to handle their finances wisely.
The low APR credit card from MBNA is truly worth the offer, provided you qualify for it. The handling fee on this credit card is as low as 1.5% and the promotional APR is a meager 5.9%. According to MBNA’s product executive, Will Curley, this credit card will help customers save a lot of money and also help them efficiently manage their dues without falling prey to late payments. This is the best rate that is being offered by any other bank currently and also offers security and protection from identity thefts.
The Chase Freedom Visa credit card is another card that falls under the low APR category. With a variable APR of just 9.99%, this is one of the most sought after cards today. This card also offers interest free balance transfers, making it look even more attractive. In addition to the $50 cashback after you make the first purchase, this card also offers cashback of 1% on all subsequent purchases made. This card also offers a lot of rewards that the clients can choose from on a quarterly basis. Card holders will be given a straight 10% discount on all purchases made online using the card. On the flip side though, the late fees and over the limit fees are very high.