Credit cards are one of the most widely used financial tools that not only help one make purchases but do so much more. The right credit card can help you build a very good credit history and thereby secure the best rates on different offerings, provided that it is used responsibly. Moreover, it lets you earn several rewards that you could miss with a debit card. A credit card has functions similar to a debit card. However, the card does not withdraw your funds but lends you a short-term loan. Depending on when you pay off the loan, you do not incur interest rates. Credit cards, aside from building credit history, have many perks that you can take advantage of. It is even better if you get your hands on low interest credit cards. So, what are low interest credit cards? Low interest credit cards enable the user to manage his/her financial balances more efficiently. Typically, one is advised against carrying balances on credit cards. This is because interest rates can escalate quickly and create a major issue with one’s personal budget. Moreover, overtime credit overdue can even lead to bankruptcy. With low interest credit cards, the balance can be conveniently carried from one month to another, without the accrue of rapid interest charges.