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Old 03-11-2007   #1 (permalink)
njoker555
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Default Interest Rates

Interest rates is a big reason why people go into credit card debt. Which credit card company has the lowest interest rate? As I stated elsewhere, I am new to getting and using credit cards so I am not very familiar with this.
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Old 03-12-2007   #2 (permalink)
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Here, In India, Interest Rate is almost same i.e. 2.25-2.75% per month
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Old 03-12-2007   #3 (permalink)
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Cool, you Live in india, I am from bangladesh but live in new york

I think that's the rate here too, I have to check again, but I know that some creditcard companies offer for less.
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Old 03-13-2007   #4 (permalink)
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I think The rates are the same for the same bank in anywhere in the world
like ICICI being a International Bank the Interest Rates would be same all over
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Old 03-13-2007   #5 (permalink)
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I always thought that interest rates were tied to the national debt or how bad or good an econmy is doing.
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Old 03-14-2007   #6 (permalink)
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Credit cards offered here in our country charges customer with a very low interest rate. As low as 2%. You can also get an appliance from a store at zero interest for the items on promo. This is the reason why I really want to get my own credit card.
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Old 03-17-2007   #7 (permalink)
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There are some countries with different rates and different card companies available. Maybe you could check in you own location the available companies, you can sometimes check their rates if they have a website.
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Old 03-19-2007   #8 (permalink)
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You should just check other competing companies for lower interest rates. Maybe some can offer a lower rate but in return, they have poor services therefore it is not worth it. Just try to do your research meticulously and you'll never go wrong.
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Old 03-22-2007   #9 (permalink)
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Well interest rates will always be there when we will use our credit card, that is where the company usually profits more from. But you should definitely try to check whether another credit card company can offer you lesser rates, then you should definitely try them out.
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Old 03-23-2007   #10 (permalink)
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interest rates vary from company to company country wise. for you to get a better rate you need to do the complete reseach on the competing companies that offer credit cards. its on u to decide whether u wanna go in for a good service or for lower interest rates
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