- Surf Rate - https://www.surfrate.com -

Find the Best Credit Card Rate

Let’s face it; we all want the lowest credit card rate possible. Finance charges add up quickly and affect the amount of time it takes to settle credit card debts.

Follow our step by step guide and find the lowest rate you can!

What Card Options are you Qualified For?
Get your free FICO credit report online. This tells you what level of credit risk you are to a prospective lender. If you score under 620 you are considered high risk. If you score between 620 and 699, you’re a moderate risk. If you score over 700, you are considered low risk.

The higher your FICO score, the lower your interest rate offers from credit card companies will likely be. With a FICO score less than 620, you will probably end up with a credit card program targeted to people with bad or no credit, which means higher rates.

Find Your Best Rates Using Comparison Websites

  1. Use the Internet; this is your best friend when it comes to comparing credit card programs and rates.
  2. Search for sites that let you compare multiple credit card programs. A good one to start with is http://www.bankrate.com/. Look for offers in like these: gold, platinum, classic, standard, low rate, student, bad credit and no credit.
  3. Using your FICO score and knowing your credit risk level will let you see what credit card programs you are qualified for.
  4. Enter search criteria for which ever types of credit card you want to compare.
  5. Compare terms and interest rates for each credit card program you find.
  6. When you find a credit card offer you like, click and go to the lender’s site, where you can find more details about the program. Be sure to read and understand all the disclosures before you apply online.

Find Low Rate Mail Offers

  1. Read through all terms and details in the advertisement mail offer.
  2. Don’t let those low introductory rates fool you. Many times, the rates will increase after some period of time, like 3 or 6 months.
  3. Always compare mail offers to the ones you have discovered online.

Find Rates at Your Local Bank

  1. Look up local banks online and go to their web site to see what credit card programs they offer.
  2. Review the interest rate and terms to see if they offer special credit card programs for bank customers.
  3. If you don’t find the details online, go to the local branch or phone the bank to talk to a representative. Ask them for a brochure that spells out all terms of the offer.
  4. Now, you are ready to compare all the programs you have found online, in the mail and at local banks and apply for the program with the best credit card rate.