Interest paid on credit cards is expressed as an annual percentage rate, or APR. Therefore, if a credit card has a 20 percent APR, the credit card holder will pay 1/12 of that rate monthly, which is added to the credit c... More »

www.reference.com Business & Finance Credit & Lending

There is no interest on prepaid credit cards, because the term credit cards is a misnomer, given that these cards function more as debit cards, says CreditCards.com. The user may make purchases against a prepaid fund tha... More »

To get a zero-interest credit card, check your credit score, and apply to a companies that issues zero-interest cards to people with similar credit scores. Limit your applications to one card at a time, as multiple appli... More »

www.reference.com Business & Finance Credit & Lending

When considering new credit cards for a balance transfer, the Forbes website recommends looking for a card that allows fee-free balance transfers and offers a long introductory period with a 0 annual percentage rate, or ... More »

www.reference.com Business & Finance Credit & Lending

There are credit cards that have an annual percentage rate, or APR, of 0 percent, but this rate is only in effect for a limited period of time and goes up thereafter, notes Bankrate. This introductory APR usually applies... More »

www.reference.com Business & Finance Credit & Lending

As of December 2014, a good APR rate for a credit card is typically 11.04 percent or lower, according to Bankrate. The APR is the annual percentage rate of interest charged to a credit card holder on balances remaining a... More »

www.reference.com Business & Finance Credit & Lending

Some of the considerations to keep in mind when applying for a credit card are the factors that can increase the effective APR rate. Although the credit card company will advertise what may appear to be an attractive APR... More »

www.reference.com Business & Finance Credit & Lending