Lowest Rates Blog: Credit Cards

After a long, cold winter for most of the country, spring is (finally!) in the air. The sun has come out, the snow has melted, and the biting cold of the polar vortex is a distant memory.

It’s a common personal finance trope that credit card companies always win, no matter how generous their rewards programs or how many cool features they offer to customers. Whether it’s through hidden fees, surcharges or sky-high interest rates, in the end, the theory goes, credit cards are just like casinos: the house always wins.

We are always looking for ways to save you money and for fantastic personal finance products we think you will love.  So we are really excited to tell you about this great credit card that essentially provides you with a no interest loan for a year!  We had never heard of a credit card with this sort of offer before, and definitely wanted to share it with you.

Updated: August 13, 2014

Many shoppers prefer cash back to other types of credit card rewards. Cash is cash – it can be used anywhere, it’s simple to understand, and it’s not subject to the constantly changing terms and conditions seen in many loyalty rewards programs.

As movie dialogue goes, “it’s a trap!” has become the very furniture of cliche, rivalling other mind-numbing groaners like “we’ve got company” “don’t look down” and “it’s quiet . . . too quiet.” The worn-out line should be banished from Hollywood scripts and inserted where it really belongs: at the top of way-too-many credit card contracts. 

When Len Dvorkin saves up enough Aeroplan points each year, he redeems them for plane tickets for his family. However, frequent flyers know that the term “free plane tickets” is slightly misleading.