Low Interest Cards
Low interest cards, also known as low APR (Annual Percentage Rate) cards, are a type of credit card that offer cardholders a lower interest rate on outstanding balances compared to standard credit cards.
Low interest cards may also come with other features and benefits, such as introductory offers with 0% APR on balance transfers or new purchases for a limited time. This can allow cardholders to consolidate their debt or make new purchases without incurring interest charges during the promotional period.
Eligibility to Apply
To apply for a Credit Card
- 1 You must typically be at least 18 years old to apply for a credit card.
- 2 A good credit history, including a positive payment history and low credit utilization, may increase your chances of approval.
- 3 A higher credit score generally improves your chances of getting approved for a credit card with favorable terms and conditions.
- 4 You will typically need to provide a valid government-issued identification document, such as a passport or driver's license.