Absolutely not! While the average annual percentage credit card rates continue to hover in a narrow 13% to 17% range, there is typically a 30 point spread in the marketplace. That means that your credit card company could be charging you anywhere from 0% interest to 30% interest, each month!
Find credit cards with great rates fast with the FREE credit card finder!
The recent economic recession and global banking crisis have forced banks and other credit card issuers to dramatically revise their credit policies in the last few years. Competitive fixed interest rate credit cards have all but disappeared, to be replaced by variable rate cards.
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If you use a credit card for most of your everyday purchases, as well as to purchase airline tickets and other big ticket items, you want to find and use a credit card that rewards you for making those purchases. The Randolph Brooks Federal Credit Union (RBFCU) MasterCard Gold Cash Back credit card gives you a percentage of cash back on every purchase, offering you an immediate savings and discount every time you use the card.
Dont give up because you have had a hard time finding the right rewards credit card. Search for all types of cards easily and for FREE now!
RBFCU also offers two other credit cards, the Platinum Preferred Rate MasterCard and the Platinum Rewards MasterCard.
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The US Federal Credit Unions Visa Gold credit card is one of three Visa cards offered to members. In order to apply for this or any of the credit unions cards you must first qualify for membership and open a member savings account with a $5 deposit.
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Most banks are there to make money for their stockholders, just like any other business. Credit unions are different. They are not-for-profit organizations created to help people meet their financial goals. They are also owned by members. CBS News reports that many people are turning to credit unions because of lower costs and better customer service.
US Federal Credit Union Information
Credit unions usually service a select group of people.
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As expected, average 0% credit card balance transfer fees increased in March from a multi-year low of 2.95% back above the 3% mark to 3.1%. Average 0% balance transfer durations, which had also fallen to a 9 month low of 12 months, rebounded slightly to 12.17 months.
The expected drop in balance transfer fees occurred as a result of the termination of a limited time, 12 month 0% APR no fee balance transfer offer from Discover on February 29th. In the absence of this product, Slate from Chase is presently the only major credit card offering a 0% APR on balance transfers that charges no transaction fees. All other major companies are charging fees of 3% or more on 0% transfers.
Although common prior to the credit crisis, no fee balance transfer offers have been a rarity over the past three years.
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We evaluate some of the latest offers in the credit card market 
Consumers who want to put their purchases on credit cards have a lot to celebrate as interest rates fall and lenders offer new incentives to pay with plastic.
Borrowers spending smaller amounts often decide to put the payment on their credit cards, but keeping a close eye on the fine print of the deal will help prevent unnecessary distress in the long term, when it comes to paying off the bill.
As more and more deals hit the market, credit seekers are encouraged to shop around for the best option for their own borrowing needs. The right type of card depends on factors such as how much debt you have, the health of your credit rating and how quickly you will be able to pay off what you borrow.
Paul Lawler of Moneysupermarket.com said: “It is important to choose a card for the right purpose and your own circumstances. I
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