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Which credit card has the lowest rate?

Jean181
Member

Which credit card has the lowest rate?

I wonder is there a credit card that has a very low rate thats “hard” to get ? Mine is a 7.34% i believe for platinum
EX:742 , EQUIFAX:740 ,TRANSUNION:745
TOTAL CREDIT LINE NFCU PLATNIUM:23,900K, NFCU CASH REWARDS :19,800K ,CITI SIMPLICITY:5,500K , MILITARY STAR:1,150K AU:25K = 50,350K WITHOUGHT AU /WITH 75,350K
Auto Loan 2018 hellcat goal is GTR!!
Message 1 of 14
13 REPLIES 13
AllZero
Super Contributor

Re: Which credit card has the lowest rate?

Bourns Employees Federal Credit Union 4.99% APR. Fairly hard to get due to geofence.
Message 2 of 14
Saeren
Mega Contributor

Re: Which credit card has the lowest rate?

There's a CU here in CO that has a prime rate card - currently 5%

https://www.spaceagefcu.org/loan-type/lend/credit-cards

 

It is crazy geofenced though. I can't even get in and I live in the same county. They want you to live and work in a small part of town. 

"You are automatically eligible for membership if you or a member of your immediate family is employed or associated with any of our Company Affiliates. You are also eligible for membership if you live, work, worship or attend school within the Lowry Community."


Arapahoe Credit Union, which is open to everyone in CO but nobody else, has a secured card with a fixed 4.9% APR which is kind of unique. Their regular card is a fixed 9.9% or 12.9% though and I'm sure people can make more off their money with it not tied up in a secured card. 

Their website leaves a lot to be desired but they do support the CardNav app that many CUs use to control their cards. 

https://www.arapahoecu.org/creditunion/loan/creditcard.html





Message 3 of 14
Birdman7
Super Contributor

Re: Which credit card has the lowest rate?

Interesting. would love to hear of more.
-Scoring wisdom: Credit Scoring Primer, Payment History, Amount of Debt, Length of History/New Credit, Mix/Disputes/Freezes/Searches, Mortgage Scores/Negative Reason Codes/V.9, Helpful Links,
Anonymous’s Reason Statements Thread,
iv's friendly statement to reason statement concordance,

ccquest’s Workbook to calculate metrics.
Clean/Thick/Mature/No New Revolver - 8,9; Clean/Thick/Mature/No New Account - 5/4/2.
Correct Ag.Util. under 5% all times. (Oldest/avg varies. Estimates above.)
Real world mortgage maxes are: EQ5-818, TU4-839, EX2-844.




(Everything said is JMHO and is not endorsed by FICO or MF. I have no affiliation with either, just a grateful member.)
Message 4 of 14
AllZero
Super Contributor

Re: Which credit card has the lowest rate?

Info might be a little dated but still pertinent.

 

What's the lowest CC APR you know? 

Message 5 of 14
Gollum
Frequent Contributor

Re: Which credit card has the lowest rate?


@Jean181 wrote:
I wonder is there a credit card that has a very low rate thats “hard” to get ? Mine is a 7.34% i believe for platinum

That's a nice interest rate. Which credit card is that?

Credit Scores: (FICO 8) 848 Experian June 2021, 848 TransUnion June 2021 | (FICO 9) 850 Equifax June 2021
Credit Cards (newest to oldest): NFCU VISA Platinum $25,000 | BECU Cash Back VISA $10,000 | American Express BCE $3000 | Simmons Bank VISA Platinum $7500 | Capital One No Hassle Rewards VISA Platinum $500
Message 6 of 14
galahad15
Valued Contributor

Re: Which credit card has the lowest rate?

I have the BEFCU card at 5.49% F which is just a little higher than the lowest-available rate of 4.99%, but was really only able to get it bc I apped prior to the geofence.  I believe there is another myfico forum user who received a BEFCU card at somewhere around 7.xx% F, again iirc she apped before the geofence went into effect. 

 

EPFCU also has a low-APR card as low as 7.25% V (the website lists it as 7.50% V, but that was as of prior to the last Fed rate reduction), together with 1% rewards for every dollar spent.  I apped for and was recently approved for this card, at the 7.25% V rate  Smiley Happy

 

Website link:  https://www.epfcu.org/loans/credit-card.aspx


Message 7 of 14
redheadtempe36
Contributor

Re: Which credit card has the lowest rate?

I have a card from FNBO that is "prime" as well (currently 5%).  Has an AF of $49 though and the no longer offer it.

 

 

$15,000 FNBO Prime Visa, $8800 Barclay Apple Visa, $6600 Discover, $7000 Wells Fargo Cashwise, $5000 Chase Unlimited, Amex Gold with $30,000 POT, $5000 PayPal Credit, Citi CostCo $8500, Citi AAdvantage $4900, Delta Amex Gold $1000, WF PLOC $7500, CU PLOC $15,000, Everyday Preferred $12,000, Amazon Prime Store Card $5000, US Bank Altitude GO $2400, BOA Cash Rewards $4800.
Message 8 of 14
Curious_George2
Established Contributor

Re: Which credit card has the lowest rate?

Reading this thread and its predecessors taught me that my old BankAmericard with an APR of Prime + 1.99 (currently 6.74%), rewards and no AF is a pretty darn good card.

 

Thanks to all who shared their info!


Message 9 of 14
Flyingdude777
Member

Re: Which credit card has the lowest rate?

Are you talking about lowest publicly offered interest rate on any card? Or the lowest interest rate someone has & which card it is? (That could've been pre-approved; lowered APR over time, etc.) 

Message 10 of 14
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