- 1,346
- 426
- Joined
- Oct 10, 2012
Didn't plan on carrying the balance + I knew NOTHING about credit cards then. This was just last year too. Kinda crazy to even think about it.I mean that's not a terrible interest rate if your credit profile is slim. Some cards go as low as like 10% interest rate but it's based on your credit profile. You can get a card that has an intro 0% interest rate for like 12-18 months if you plan on carrying a balance on it again. My best advice if you are going to carry balances though: get 2 cards that have 0% balance transfer offers. If your 0% intro apr is up and you have to carry a balance, do a balance transfer to the other card (usually it will cost around 3% of the balance) to avoid paying high interest rates. And you'll get another 12-15 months of no interest on it.