Contributed by Annie Bauers
It is nice to do business with a name that is known because it guarantees you won't be stuck in an emergency with a credit card that no one recognizes or accepts. When you secure one of these cards you secure the reputation that comes along with it.
When you get a low interest rate on an american express credit card be sure that it is a fixed interest rate. It most likely is because american express credit cards is one of the biggest names in the card industry and they are able to offer these low interest rates because they are one of the biggest names in the industry and have millions of customers so they have the clout and the capital to do this.
You are a wise consumer to ask if you will keep your low interest rate because many cards offer them but they are not fixed so they will change in the future. It is a smart guess that if your interest rate changes it won't change to a lower rate so if you get one make sure it is fixed.