The credit cards with the lowest interest rates
A low APR or low rate credit card is a good choice if you're after a simple piece of plastic that offers a consistent rate of interest.
They don't usually come with very big 0% offers on things like balance transfers or purchases, but you know exactly what rate of interest you'll be charged if you don't clear your balance in full each month.
So there's no need to mark a date in your diary for when an introductory offer ends and as a result, they're a good long-term option.
So which cards are there to choose from? And what do they offer?
Tesco Bank Low APR Credit Card
The Tesco Bank Low APR Credit Card offers a representative APR of 5.9%, though successful applicants may be offered a rate of up to 10.9%.
The card offers a one-month 0% period on purchases and balance transfers, with no transfer fee.
What's more the card allows you to earn Clubcard points when you use it.
You get five points for every £4 you spend at Tesco (including on fuel) and one point for every £8 spent everywhere else.
AA Low Rate Credit Card
The AA Low Rate Credit Card offers a 6.4% APR on both purchases and balance transfers for the lifetime of the card, with no fee on balance transfers.
However, not everyone will get this rate – only 51% of successful applicants must be offered that rate, so if you don't have the best credit rating you may be offered a rate of 10.4% or even 14.9%.
Bank of Scotland/Halifax/Lloyds Low Rate Credit Card
The Bank of Scotland Low Rate Credit Card comes with a representative APR of 6.45% on balance transfers and purchases.
Again at least 51% will get this rate, other might be offered a rate of 10.9% or even 14.9%.
There is no balance transfer fee for balances transferred in the first 90 days. After that, a fee of 3% applies.
Halifax and Lloyds Bank offer identical low rate cards.
Barclaycard Low Rate Platinum Credit Card
The Barclaycard Low Rate Platinum Credit Card offers a low rate of 6.9% on purchases.
You can get free ongoing access to your Experian credit Score.
You must be at least 21 years old to apply for this card and have a minimum income of £20,000.
You can use Barclaycard's eligibility checker to see how likely you are to be accepted for this card, without it impacting your credit rating.
MBNA Everyday Plus American Express Credit Card
You can enjoy a representative rate of 7.4% with the MBNA Everyday Plus American Express Credit Card.
What makes this card different is that as well as balance transfers and purchases, you can do money transfers – this is where you pay the money directly into your bank account, offering you the chance to get out of your overdraft.
What's more is there is no transfer fee for either balance transfers or money transfers.
TSB Low Rate Advance Credit Card
The TSB Low Rate Advance MasterCard comes with an APR of 7.9%.
It offers 0% interest for three months on purchases and balance transfers, with no fee to pay for balance transfers.
Those that also hold a TSB Plus Current Account can get 1% cashback on purchases up to £5 a month until September 30 2017.
Sainsbury's Nectar Low Rate Credit Card
Borrowers benefit from a rate of 9.9% on both purchases and balance transfers with the Sainsbury's Nectar Low Rate Credit Card, with no balance transfer fee.
You can earn Nectar points on your spending too.
The card earns two Nectar points for every £1 spent with Sainsbury's and one point for every £5 spent elsewhere.
But there's 5,000 Nectar points when you sign up and spend £800 on Sainsbury's shopping or fuel in the first three months.
The card also comes with no fee on Sainsbury's travel Money purchases.
NatWest/RBS Clear Rate Platinum
The NatWest Clear Rate Platinum and RBS Clear Rate Platinum both have a rate of 6.9% on purchases and balance transfers, with no balance transfer fees.
However, it does come with an annual fee of £24, which means the overall representative APR is 11.1%.
Saga Platinum Credit Card
The Saga Platinum Credit Card is only available to borrowers over the age of 50.
It comes with a low APR of 11.9%, but has a host of benefits on top of that including 0% interest on purchases and balance transfers (with a 3% transfer fee) for nine months and fee-free transactions abroad.
Credit rating
If you have a less-than-perfect credit history, providers may not offer you a deal at the advertised rate.
They are only obliged to offer the representative APR to 51% of successful applicants.
