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 ...

If you have a credit card, chances are you've seen the term annual percentage rate (APR), but you may wonder what that means. CNBC Select explains what APR is and more key terms to know.

One of the main risks associated with credit cards is running up high APR charges. When you remove that risk, it might be ...

For example, for a card with an APR of 20%, the daily rate is 0.0548%. ... This can make sense if the interest rate on the new loan is lower than the APR of the credit card, ...

Zero-percent APR credit cards can help you save on interest and pay off debt faster by eliminating interest on certain purchases or balances for a set period. However, many 0 percent interest ...

What's the best consumer option for paying down credit card debt? The answer is steeped in irony and may surprise you.

Your credit card may have a fixed- or variable-rate APR. With a fixed APR, your rate is locked in for a specific amount of time. An example of this is credit cards that offer a 0% introductory APR ...

Credit cards charge interest, known as APR, if you carry a balance past your due date. Here's a step-by-step guide on how to calculate your credit card interest.

A credit card can help ... But don’t get these offers confused with 0 percent APR credit card ... keeping a low credit utilization and adding to your credit mix, for example — you can ...

Of course, the annual percentage rates (APR) you pay on your credit cards might not match the national average. ... Below is an example. Credit Card Interest Cost Comparison.