"Low Interest Credit Cards Not Extinct Due to Credit CARD Act of 2009" Can you still qualify for low interest credit cards due to the new credit card regulations? If you have debt the new Credit CARD Act of 2009 should be a welcome relief to you. It offers more consumer protections and eliminates some of the most heinous acts by the credit companies. The banks were strongly opposed to the regulations in this, saying it would restrict credit to consumers. And to some extent this has already happened, credit lines have been reduced, and interest rates have increased. This affects many consumers who have average or below average credit scores. However, if you have perfect or excellent credit, or even an above average FICO you can still get low APR credit cards with no annual fees. You've been smart with your money and not overspent on goods and services you do not need. You have maintained good financial discipline. You probably could have taught the big banks a thing or two about investing wisely and not needing a bailout. The new CARD rules would reinforce the benefits you receive with your excellent credit scores. They actually make it harder to punish good consumers who may slip with a payment once in a very long while. If you have a credit score above 720 you are now a more desirable customer than ever to the banks. You have demonstrated you can use credit responsibly, make all your payments on time, and not max out your cards. And they will now be rewarding you even more for your good behaviors. If you call up your current card company and ask for a lower rate on your card and they refuse, it is time to shop around for better card than the company that appreciates good customers. When you apply for low interest credit card, read the rates and fees disclosure very carefully. You should not be paying much more than 12% APR. This is the average interest rate for low interest cards current as of February 2010. You should also qualify for a low APR on cash advances and balance transfers. The rate should be similar to the new purchases rate. You've earned your good credit now continue to use it wisely and get the best card you deserve. The Credit CARD Act of 2009 offers new consumer protections from some of the worst practices by the major card companies. Fees and interest rates have gone up a little in the process. But there are still low interest credit cards out there for consumers like you with above average, good, or excellent credit scores. Next, Find The Best Low Interest Credit Cards Online See how much you can save each money with a low rate card. Visit http://www.low-apr-credit-cards.net/ to shop and compare the lowest APR credit cards. Questions? Comments? Need support? Contact Us Low Interest Credit Cards