5.99% fixed APR ...is that good?

Question

im think to apply for american express cedit card...5.99% fixed APR ....wats that? is good or bad?

Answer 1

The rate is good but it's probably for 6 or 12 months, then it will jump to 15-18%. You will also pay an annual fee $50-$100 a year. If you pay the bill in full each month, it does not matter what the rate is. Get a card with no annual fee. You can check bankrate.com for a list of good cards.

Answer 2

It's good news folks for all Bank of America fans. Open your arms to receive the Rewards American Express Card from Bank of America. What makes this credit card special is that it will be readily accepted across the global network of American Express . Proudly called the Bank of America - Rewards™ American Express Card, it brings together the goodness of both the Bank of America and American Express. Let us look at some of its features.

Basic features highlights

1. 0% Introductory APR (Annual Percentage Rate) on balance transfers and cash advance checks for first 12 billing cycles.
2. Low fixed interest rates after the introductory rate has expired.
3. No annual fee.
4. Option to pay over time.
5. Emergency services such as replacement of prescription, physicians, hospitals, and referrals as well as legal referral services.
6. Extended warranty protection on purchases from scheduled outlets
7. Insurances for accident, damage and rental loss, while traveling
8. Protection against damage or theft of the card
Apply online for a American Express credit card at :http://www.credit-card-gallery.com/American_Express.html

Answer 3

This is low. It's probably an introductory rate (for 6-9 months).

Answer 4

Its low, which sounds good, but is it an intro or special deal apr?
Also check to see how they compute balances, you know avg daily cycle or the other way.

But it pretty low and sound good.

Answer 5

This is an interesting question, and one that has been the source of confusion for me for many years.