Credit cards with no annual fee?

What type of people benfit from a credit card with no annual fee, but a high interest rate?

Also, what type of people would be better off with a low interest credit card, even if it has other fees?

Thanks!

Credit cards with no annual fee?

Hard to say. I think you%26#039;d have to put a pencil to each individual case in order to tell.

Credit cards with no annual fee?

Generally people who pay off their balance in full would be better with a no fee card, and people who want to carry a balance would be better with lower interest.

But, those would be people with no or bad credit, with good credit you should be able to get a card with no fee and low interest.

Credit cards with no annual fee?

You can go to creditcard.com they will let know what cards have no annual fee. Also which one will approve you with your credit core and a lot more.

Credit cards with no annual fee?

I just got a balance transfer with 0% credit card and no annual fee with Bank of America. I have a balance of $4,000.00. Even though I have some debt, my credit score is 760. I think a lot of things are taken into consideration. Do you pay your bills on time and make payments from different venues on time? Are you ever late on credit card payments? I think that is a big one. I think once you are late on a credit card payment, your score will go down.

So, if you pay your bills on time and keep up with your monthly payments, you should be able to get a low interest rate or better yet a 0% rate. Try going on the individual credit card sites and see what their qualifications are and see if you can apply. Alot of credit cards have no annual fees.

Credit cards with no annual fee?

Question #1: Cards that have an annual fee usually are for:

A. People that have poor credit and the bank is taking a risk extending credit to them, they want to at least have some money for the risk.

B. Cards that have a nice Rewards system (flight miles, cash rebates, etc).

If you charge a lot of money (and pay your card off regularly then it might be worthwhile to get a free flight to Hawaii every year or get cash back rewards in excess of your annual fee).

Question #2: The type of people that are better off with a low interest credit card even if it has other fees are people with high balances that would be spending more in interest than a smaller annual fee. The card holder would have to compare the two cards to see which one they%26#039;d be spending more money on.