Credit card interest rates can make or break those who use them. They tend to be some of the highest rates consumers ever pay, and the amount one spends on these rates compounded over time can be very high. This makes credit card rates a critical factor when apply for and using credit cards. Fortunately, there are steps cardholders can take to get the best rates.
Credit card criteria
Many consumers receive numerous credit card offers promising good rates, or at least good rates as far as credit cards go. Deciding on what offer is the best can be a difficult task, and one has to think of the criterion that is best for them. While factors such as annual fees are most important for some, the interest rate of the credit card should always be the paramount concern for those who may be able to pay the balance in full every time.
Be wary of the fine print
The rates on many credit card offers often appear too good to be true and 
sometimes are. Credit card companies are in the business to make money, so keep in mind they certainly have thought of an angle to make money with the service they are providing. A case in point is 0% APR credit cards. The catch may be a much higher annual fee. Or, after a period of time, the rate may increase significantly leaving the credit card holder suddenly hit to pay a lot of interest on a balance that was created when the APR was zero.
Getting the lowest credit card rate
There are a number of things people can do to get the best credit card interest rates. Those with good credit ratings will get the most credit card offers and be able to pick and choose the best credit card. Those in this position should carefully compare credit card interest rates before making any decisions.
One tactic many people overlook is simply to call up their company and ask to speak to a representative about getting a better rate. While the credit card company is not likely to offer a better rate right off the bat, persistence will often pay off. Point out to the representative the amount of business the account in question has generated, and the other credit card offers that are out there. The credit card holder is in fact the customer. If the company refuses to offer any kind of a reduction, there is no need to show any loyalty to the company. Do not be shy about dropping a credit card for another reputable card if it offers a better rate.
It is also a good idea to login to the company website frequently to check balances and for deals. Credit card companies often have unannounced deals that apply to current customers too. Stay on top of what the company is offering and grab any good deals out there. One should never stop looking for deals with their current company or any other one that comes along.
The best credit card rates always go to those who simply pay off their cards in full every month. Therefore, for a truly zero APR, simple make sure there are enough funds to cover any credit card purchases every month!
