Fixed-rate credit cards can change their terms in a few weeks' time, so there's no real protection from rate increases with a fixed-rate card, although my anecdotal observation is that fixed-rate cards tend to lag behind variable-rate cards in both rising and falling interest-rate environments.

Card selection for amx low rate credit card is maintained and reviewed by our panel editors.

The only real advantage of a fixed rate card is the rate usually doesn't increase as often as a variable rate card in a rising rate environment this can work against you if rates are falling.

You do not have to wait for the application to get to them in the post and it is a lot more difficult for would be fraudsters to intercept the information.

They’ll tell you that a low, fixed-rate card is better than a variable rate credit card that starts low and then slowly creeps up its interest rate every year.