Variable-rate credit cards

Set Text Size SmallSet Text Size MediumSet Text Size LargeSet Text Size X-Large
Updated: 3/27/2003 1:09 pm
Some companies now offer variable interest rates on credit cards. These rates will rise and fall as market interest rates fluctuate. While these rates often change, they will usually not go below a set minimum established by each credit card company. A variable rate credit card is favorable when market interest rates are low. However, they can be expensive when market rates rise. No matter what the interest rate for a card is, be sure to check your credit agreement and monthly statement to see what other fees may be charged to your account. A lower interest rate may not save you money if you are being charged for other card services. By carefully reading your statement and agreement, you may find ways to use your card more efficiently. For more information about variable rate credit cards, contact a financial institution or credit card company.

©2006 Crossroads Mobile. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.


Featured Segments/Shows

All content © Copyright 2015 Intermountain West Communications, LLC. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.
You may also view our Sitemap

Inergize Digital This site is hosted and managed by Inergize Digital.
Mobile advertising for this site is available on Local Ad Buy.