Credit card debt can be expensive, but if you need to carry a balance, low interest credit cards can help limit interest charges or even eliminate them altogether for a certain period of time. If you’re planning to make one or more large purchases, dealing with emergency expenses or planning to pay down high-interest debt, these low interest credit cards can help you save.
It’s important to note, however, that these cards don’t guarantee a low interest rate for everyone who applies unless it’s a fixed interest rate.