A credit card’s interest rate is called its APR, or annual percentage rate. Different rates may be applied to various types of transactions — which could include purchases, balance transfers and cash ...

A purchase APR is the interest rate your issuer applies to your regular credit card purchases. Other APRs — such as an introductory APR or balance transfer APR — may take precedence over your purchase ...

Credit card annual percentage rates, commonly known as APRs, determine how much you’ll pay in interest if you carry a balance on your credit card. Your card’s APR can vary depending on a few different ...

All credit cards come with more than a few moving parts. Among them is an annual percentage rate, or APR — the cost of borrowing money using the card. However, the tricky thing with credit cards is ...

Forbes contributors publish independent expert analyses and insights. True Tamplin is on a mission to bring financial literacy into schools. The Annual Percentage Rate is a fundamental concept in ...

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

APR is deliberately confusing and compounds daily. Read disclosure boxes, use 0% offers strategically, and make multiple monthly payments to minimize interest costs. When you see "18.99% APR" ...

Many credit card companies offer an introductory 0% APR for the first 12 to 24 months of opening a card. This offer allows people to accumulate debt without worrying about interest, but their balances ...

Sean Messier is a personal finance writer with a focus on credit. He’s written for Credit Card Insider, plus several other national and global brands. Tfilm / Getty Images The Federal Reserve cut its ...