Compare Credit cards

FinanceArranged.com supplies information on finance and certain types of credit card offers and allows you to compare the best deals on low interest credit cards and credit card balance transfer

Low Interest Rate Credit Cards Most Popular

The flat, low interest rate credit card is surging in popularity among increasingly savvy credit card customers. Our credit card market research, has found that demand for credit cards with a low standard annual percentage rate (APR) has risen by 25 per cent over the past year.

Several credit cards now offer cards with zero percent interest introductory periods, with Virgin's balance transfer card, which now has a HUGE 12 month interest free balance transfer period, leading the market, we recommend transferring your outstanding card balances to the Virgin Card today to stop wasting money on interest with your current card.

Great deals on cashback and rewards credit cards are on offer by simply using our quick credit card search form to the left you can find out more about the latest credit card offers instantly. We group credit cards currently available by their main benefit to you as the consumer to make it easier for you to choose your favorite card.

Choosing the right Credit Card

The whole world of credit card deals is changing, with few providers offering straightforward 0% contracts on  spending and balance transfers on the same card. Cardholders need to understand clearly what they want - is it 0% on their spending, or 0% on a transferred balance? The other thing they need to be aware of is transfer charges.

For example, new cardholders are given 12 months' zero interest with a leading card supplier and ten months with a another card supplier - but only on purchases.

A credit card holder transferring a balance will pay an annual interest amount of 3.9% and 5.94% respectively on the switched balance. But there is no transfer fee.

Transfer fees are now widespread and are typically a hefty two or three per cent of the outstanding balance, which can offset the benefits of switching.

According to the latest survey the average credit card balance is £1,173, charges on this amount means an initial switching bill of between £23.50 and £35 for a balance transfer.

One leading Bank lets cardholders transfer balances to its zero-rate gold card free of charges (this deal is closed to new applicants).

One of their customers, will pay no interest for six months on either purchases or the transferred balance.
He says: 'I was accumulating a excessive amount of debt, which meant putting off the wedding we had hoped to have this year, so I switched £3,200 of the outstanding balance on my original credit card to the new card.

'I have also setup my payments so that I will have repaid the whole debt within the agreed six-month zero period.'

So please enjoy our site and good luck with the savings you may make on such things as: credit card, credit card offer, apply for credit card, credit card uk, bad credit credit card, low interest credit card, credit card application, credit card balance transfer, credit card debt, business credit card, interest free credit card

Credit card use revealed

In the UK over a third of card users are still swapping their card balances to keep zero per cent deals. Credit card application have soared and most people now compare the best deals on low interest credit cards and credit card balance transfers at many banks and credit card suppliers.

With the growing number of consumers defaulting on their debt, many lenders have begun to reign in very attractive zero per cent deals on purchases and new balances transfers. But despite many changes and soaring bad debt 36 per cent said they had switched credit cards more than three times over the past couple of years to keep the offers.

A quarter of card users also complained of being penalised for making late payments - a hazard when transferring large balances to zero per cent credit cards. "Credit card suppliers are offering some amazing deals at the moment, but the savings on interest can be eradicated by consumers being too late on their payments.