Low Interest Rate Credit Cards

If your credit is good, shop around for credit cards with lower rates.

Choosing a credit card with the lowest interest rate can save you money. Forty-four percent of all U.S. families had an outstanding balance on some type of credit card after paying their most recent bill.

Discover® More Card

Intro APR Intro Period Regular APR Annual Fee 0%** 6 Months** 11.99 - 20.99 (Variable)*%* None* 0% intro APR on balance transfers for a full 15 months, then the Regular APR 0% intro APR on purchases for a full 6 months, then the Regular APR 5% Cashback Bonus® in categories that change like travel, gas, groceries, restaurants, home improvement stores and more Up to 1% unlimited Cashback Bonus on all other purchases No Annual Fee

Discover® Open Road Card

Intro APR Intro Period Regular APR Annual Fee 0%** 6 Months** 11.99 - 20.99 (Variable)*%* None* 2% Cashback Bonus automatically at any gas station and any restaurant 5% to 20% Cashback Bonus at over 150 top retailers through our online shopping mall Up to 1% unlimited Cashback Bonus on all other purchases 0% intro APR on balance transfers for 12 full months, then the Regular APR 0% intro APR on purchases for 6 months, then the Regular APR

Miles by Discover® Card

Intro APR Intro Period Regular APR Annual Fee 0%** 6 Months** 10.99 - 16.99 (Variable)*%* None* 12,000 Bonus Miles – Earn 1,000 Miles each month you make a purchase for your 1st year 1 Mile per $1 on every purchase Plus, 2 Miles on travel and restaurant purchases on your first $3,000 each year No limit on the Miles you earn and Miles don’t expire* Fly on any airline, book any hotel or car, with no blackout dates Use Miles for travel, merchandise, gift cards or cash 0% intro APR on purchases and balance transfers for 6 months then the regular APR No Annual Fee, No Overlimit Fee, No Redemption Fee

Discover® MotivaCard

Intro APR Intro Period Regular APR Annual Fee 3.99%** 12 Months** 11.99 - 20.99 (Variable)*%* None* Cash rewards for your good credit management Each time you make 6 on-time payments in a row, you'll get a Pay-On-Time Bonus equal to a full month's interest added to your Cashback Bonus account 5% to 20% Cashback Bonus at over 150 top retailers through our online shopping mall Up to 1% unlimited Cashback Bonus on all other purchases 3.99% intro APR on balance transfers for a full 15 months, then the Regular APR 3.99% intro APR on purchases for a full 12 months, then the Regular APR

* This online application is subject to the terms and conditions as described in the Important Information Section of the application.
*See the online credit card application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However all credit card information is presented without warranty. When you click on the “Apply Here" button, you can review the credit card terms and conditions on the cooresponding card issuer’s website.

List of Low Interest Rate Credit Cards

Smart consumers comparison shop for credit cards. Competition in the credit card industry is fierce. If you're a good customer, a card company is going to want to hang on to you.

When you're looking for a credit card, be sure to consider the costs and terms. They can make a difference in how much you pay for the privilege of borrowing. Compare them with the costs and terms of the cards you already have to find the plan that best fits your spending and repayment habits.

Key costs and terms to consider are the annual percentage rate (APR) for goods and services as well as for cash advances, the annual fee, and the grace period. Also compare cash-advance fees, late-payment charges, and over-the-limit fees.

Review the following information when you apply for a credit card:

• Interest rate pricing
  Is the interest rate fixed? Variable? Tiered? If the rate is variable, what is the index? The margin? The multiple?
  
  
• APR
  What is the APR for purchases? For cash advances? For balance transfers? Is there a penalty rate if you make late payments?
  
  
• Finance charge
  What method for determining the outstanding balance is used to calculate the finance charge?
• Annual fee
  What is the annual fee, if any?
  
  
• Grace period
  What is the grace period for purchases? (Grace periods usually do not apply to cash advances, which begin accruing interest from the day of the transaction.)
  
  
• Other features
  Does the plan offer enhancements that are attractive to you, such as cash rebates, purchase protections, warranties or guarantees, travel accident or automobile rental insurance, discounts on goods and services purchased, and incentives for use, such as frequent flyer miles? Are these features available at no extra cost?