Monday, June 4, 2007

new mint credit cards

What is an APR?

APR stands for "annual percentage rate", or the rate of interest that the credit card holder shall pay whenever it aquires a monthly balance, transfers, a balance from another card or cash advances.

A credit cards APR is usually totaled monthly based on the current card balance. Some credit cards offer 0% APR as an introductory rate for new costumers which may last from six months to a year until another APR takes place.

People who have problems with bad credit, especially those who own multiple credit cards, are often burdened by bills that have accumulated due to untimely payment and high interest rates. One good way to get out of debt is by transferring the balance of a high interest rate card into a credit card that offers low or zero APR. This way additional costs from high APR creditors is avoided and only the actual balance is left unpaid.

Are you looking for great credit cards that has low introductory offers and low APR's? Well you don't have to look no more, Cause with the new Mint Credit Cards they have both offers!

It is understandable why most people would prefer a credit card that has lower APR over a higher one. If you are considering on applying on one, try to consider the 0% on credit card balance transfers until 1 August 2008 (2.5% balance transfer fee)

This is a sponsored post.