How_To_Get_An_Interest_Free_Credit_Card by mikew56

VIEWS: 37 PAGES: 2

									Best 850 Finance PLR Articles: www.financeequityloans.com

Title:
How To Get An Interest Free Credit Card

Word Count:
676

Summary:
One method that the credit card companies have been very keen to use to
attract The first thing to remember in any case is that there are two
main types of 0% interest that you will be offered and these are very
different deals.


Keywords:
credit cards,balance transfers,cash back,advice,purchases,news,credit
cards uk,visa,mastercard,rewards


Article Body:
As competition in the UK credit card industry has consistently increased
in recent years, credit card providers have been searching for more and
more ways to attract customers to their own package of products. Most
have gone about this by dropping prices with credit card rates available
today that would have been unthinkable just a few years ago. It is now
possible to find 0% credit card interest rates not only on balance
transfers but also on purchases. While these rates may only be available
for limited introductory periods of a few months, it is easy to see how
prices have continued to drop across the market as credit card providers
have been searching for new ways to attract customers.

Interest free and credit card may sound like a couple of words that
really do not belong together in the same sentence. And the fact is that
just a few short years ago, you would have been absolutely correct. There
was a time not too long ago when there was no such thing as the 0% credit
card. Now however, they are everywhere you look, literally. You cannot
even open your mail any more, or answer you phone without being offered
some amazing sounding deal on 0% credit cards. They are becoming more and
more common and it is therefore important to realise the pros and cons of
many of the most common deals that are out there so that you make sure
that you get for yourself the very best deal on a 0% credit card
possible.

The first thing to remember in any case is that there are two main types
of 0% interest that you will be offered and these are very different
deals. The first will be 0% on balance transfers and the second will be
0% on purchases. It is needless to go into the difference between a
balance transfer and a purchase but suffice it to say that there is a
very significant difference and there will be many cases where one of
these offers will be of great value to you while the other will be
practically useless. The trick is to make sure you make sure what you are
being offered and only sign up to a deal that you are confident will fit
your needs and benefit you as much as possible.
The best place to start looking for one of these 0% credit cards is on
the internet. The fact of the matter is that in recent years the UK
credit card market has really saturated itself with amazing sounding
deals and the competition is so high among credit card providers now that
it is really quite easy to get a 0% credit card.

The two exceptions to this and the groups that will find it more
difficult to get a 0% credit card will be people with bad credit ratings
and people with no income. Hopefully, in either of these two cases, the
situation will not last forever and you will merely have to wait a little
while until your position improves and then you will have no problem at
all getting 0% credit cards. The only real thing to remember with 0%
credit cards is that the free credit will only be for a couple of months
and after this time you will have to pay interest. And secondly,
everything you spend on that credit cad has to be paid back eventually so
take care not to let that spending get out of control.

Don’t despair if you are not accepted for many of the credit cards on
offer. It may be your credit rating is not what some credit card
companies are looking for. If this is the case you will have to do a
little more work and that starts by aiming a little lower. Try applying
for a run of the mill credit card with no 0% deals, use it for a while.
During this period your credit rating will be building up. Once your
credit rating is up to scratch you can then apply for these mouth
watering 0 per cent introductory deals.

								
To top