APR is deliberately confusing and compounds daily. Read disclosure boxes, use 0% offers strategically, and make multiple ...

The average annual percentage rate on new credit-card offers has increased for four consecutive months, one expert noted.

You borrow money, then you pay it back. If you don’t pay all the charges in full when your bill is due, interest starts to ...

Current credit card balance: How much you currently owe on your credit card. Interest rate: The annual percentage rate (APR) charged by your credit card, typically 12% to 20%.

For example, the Citi® Diamond Preferred® Card offers a 0 percent intro APR on purchases for 12 months and on balance transfers for 21 months (provided that the balance transfers are completed ...

If you own a credit card, you’re well aware that you’ll incur interest charges should you fail to pay off the balance by the due date. It’s super easy to find out the interest rate on your card.

If you’re currently carrying a balance on a credit card with an APR of, say, 19.99%, you could save a significant amount by transferring your balance to a card with a lower interest rate.

The 0% APR credit card can be a powerful tool for paying down debt. It allows a consumer to make purchases, balance transfers, or both, and pay no interest for a promotional period of 12, 18 or even ...

Look for a 0% APR card with an intro period long enough to pay off what you plan to purchase. If you estimate that it will take you 18 months, get a card with at least an 18-month 0% intro APR.

Your card issuer can then charge that APR on any balance you have left over. If your credit card's interest rate is anywhere near the average, you'll likely be paying over 20% per year.