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"Low Interest Credit Cards" Glossary Term

These are standard sorts of credit cards with the sole benefit being low interest. Sometimes they have a very low introductory rate (or 0% rate) and then bounce up to a more normal rate after a period of time, and some other cards just stay at a low rate. They rarely, if ever, have rewards. You normally need to have good credit to qualify for low rates on a long term basis.

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