Find the Best Credit Card Rates

Low Introductory Rate Credit Cards Averaging 0.698%

The average rate on our low introductory rate Credit Cards is 0.698 percent for the week ending January, 9, 2011. This is the average rate, you can find low introductory credit card rates at 0.00 percent. Right now on our list of low intro rate cards there are several cards listed with an intro rate of 0.00% for 6 months to 18 months.

The card with the longest 0.00% into period is Chase Bank’s Slate credit card. The 18 month intro period is for purchases and balance transfers. The 18 month period is also only for people with “Excellent & Good Credit” according to Chase. The Slate card is a variable rate card like most cards these days. After the intro period the variable rate right now is 11.24% or 17.24%, again if you have excellent or good credit. If you have “Average” credit than the into period on the Slate card is only for 6 months. After the intro period the credit card rate is 22.24%, again if you have an average credit history.

The cards with the second longest intro period on our list, 12 months, include Discover’s More Credit Card, Discover’s Motiva Credit Card, Discover Open Road Credit Card and IberiaBank’s Visa Select Credit Card.

The lowest rate after the intro period on all our cards listed is from Iberia Bank. The current credit card interest rate is 7.5% based on creditworthiness. This is also a variable rate card so after the intro period the current rate can increases to 9.50% or 11.50% based on your creidt history. An 11.50% credit card rate is still one of the best rates available.

Discover low intro rate cards are also have a very competitive ongoing interest rate after the intro period of 12 months. All three Discover cards on our list have a current rate of 11.99 percent after the intro period. These cards are also variable rate cards.

Find the best low intro rate credit cards on our list here: Low Intro Rate Cards.