My fiance and I are going to start planning our wedding and want a credit card with a low interest rate. The Knot has a credit card, but the rate is 14%! Doesn't sound like a good deal to me. Anyone know of any cards similiar to this with a lower interest rate?
2006-11-08 04:12:58 · 5 answers · asked by ceesvamp 2 in Business & Finance ➔ Credit
Instead of a credit card, why not save up and pay for it cash? I had a friend who got SEVERAL cards for their overpriced wedding and ended up paying for the wedding 5 years into the marriage. In fact, it got so sticky financially for the newlyweds that they almost got divorced! EEK!
If you plan out a budget now...depending on when you're date is set for, you should be able to plug away and pay for it and be wedding debt free!
Good luck!
2006-11-08 04:21:58 · answer #1 · answered by Erica 1 · 0⤊ 0⤋
Congrats on becoming engaged! A lot of cards will offer you 0% interest for the first 12 months (or some other length) and then the rate will go up. I've searched recently and found cards anywhere from 10.99% on up. My suggestion would be to check out the following website and compare cards:
http://creditcards.com/
See what card has the best offers (along with a low APR) and then go from there. I agree also about getting a card that offers some sort of air travel rewards or cash back rewards. Especially since you'll be using this for your wedding you'll be bound to rack up miles quickly! Good luck planning the wedding, have fun!
2006-11-08 12:23:58 · answer #2 · answered by Michelle 4 · 0⤊ 0⤋
Check with your local banks and credit unions. I have a 0% card if paid on time every month, from my local bank. You don't have to pay off the balance, just make sure the payments get there on time.
A good way to pay your bills is online anyways, they send you a reminder in your email and you can click on it and pay it out of your checking account, no charge. Have fun and happy wedding!
2006-11-08 12:22:20 · answer #3 · answered by Barbara 5 · 0⤊ 0⤋
Why not find one that offers airmiles then you can save money on your honeymoon too! Virgin Money offers good deals that you can then use to book a Virgin Holiday with for your romantic break.
2006-11-08 12:16:12 · answer #4 · answered by LondonGRL 3 · 1⤊ 0⤋
Capital One has a fixed 6.99% interest rate forever. It's pretty good for me as long as you don't miss any payments. :)
2006-11-08 12:20:52 · answer #5 · answered by SmileyGirl 4 · 0⤊ 0⤋