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Interest and APRs

 

Smart credit habits start with an understanding of the annual percentage interest rates that define what you are charged.

The math on APR

If you carry balances on your credit card from month to month, your credit card purchase APR determines how much you must pay in interest.

interest and APRs
What is deferred interest on a credit card?

Deferred interest may be charged when you don't pay the entire balance by the end of the promotional period.

interest and APRs
What is a prime rate?

Learn about the prime rate and how it affects the interest on your credit cards.

interest and APRs
How to avoid a penalty APR

One way to help avoid a penalty APR is to pay your credit card bill on time. To help you pay your credit card bill on time, you may want to consider setting up automatic payments.

Learn more about smart credit behaviors and the role of interest

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