Why we like it: Very low rate
If you're looking for a low rate, you can't get much better than 7.25%, but you must have excellent credit to be approved. Bonus: There are no balance transfer fees, though transferred balances don't get a teaser rate -- they go right to 7.25%.
Interest rate: 7.25% variable
Grace period: 25 days
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www.simmonsfirst.com, 800-272-2102)
By Ismat Sarah Mangla
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