A credit card’s interest rate is called its APR — or annual percentage rate — with different rates applied to transaction ...

See how we rate credit cards to write unbiased product reviews. Definition of APR The term APR stands for "Annual Percentage Rate" and represents the yearly cost of borrowing money, encompassing ...

Your credit card’s ongoing interest rate, or APR, is assigned to you after you are approved for a card — and legally must be disclosed to the cardholder. You can find your card’s APR listed ...

APR reflects the total annual cost of a personal loan, including both fees and interest. Many lenders state their APR online to make it easier to compare before you apply. Your APR will be based ...

APR attempts to factor in upfront costs to deliver a true “cost of financing” which is typically higher than the interest rate on your mortgage APR relies on human input and variables that can ...

Credit cards have multiple APRs for different kinds of borrowing. Most common is the purchase APR, which is the interest you are charged for balances you incur from everyday spending.

A 0% intro APR credit card lets you avoid paying interest on purchases or balance transfers for up to 21 months. This can ...

You can avoid penalty APRs with responsible card practices, but there are ways you can lessen your debt or return to your standard APR should you face a penalty APR, Some credit cards do not have ...

A purchase APR determines how much interest you'll pay on purchases you make with your credit card if you carry a balance. Credit card companies determine many APRs based on the prime rate ...