Flat Rate Credit Cards
Charging a single interest rate for all transactions
Flat Rate Credit Cards are a fairly new kind of credit card which charges a single rate of interest for all transactions on the card.
Normal credit cards will usually feature different levels of interest for purchases, balance transfers, cash advances and overseas card use, and when you add introductory deals to the picture it can be difficult to know how much using your card is costing you.
With a flat rate card, everything is charged at the same rate, and as there are no introductory deals to pay for, the standard rate is usually low.
More on 'Credit Cards':
Affinity Card
Balance Transfer Fee
Related Links:
Flat Rate Credit Cards Explained - Article explaining more about flat rate cards
The rise and rise of flat rate credit cards - Article from MSN Money
