Credit card rate

One of the biggest concerns over credit cards is the interest rate that is charged when the balance is not paid off in full each month. When the balance is not paid in full, interest is charged for the amount owed starting from the day in which the money was borrowed, which could have been over a month ago. As such, if you are the type who just pays off the minimum balance each month, it will save you a lot of money if you apply for a card with a low interest rate.

Here are the cards with the lowest interest rates:
Capital One® Platinum Prestige
Citi® Diamond Preferred® Card
Bank of America - Ducks Unlimited WorldPointsTM Platinum Plus® Visa®
Bank of America - Platinum Plus® Visa® Card

These cards have a very low APR rate, some as low as 5.5%, compared to other credit cards which are usually over 15%. However, you need to have a good or excellent credit rating in order to apply for these cards.