APR on credit cards?

Hello, I am going through mastercard.com and comparing credit cards that are offered. I noticed that they have a APR category and I was wondering what that is and how that APR is applied to my bills. Is it charged every time I buy an item or is it the fee i pay if my payment is late? What is the best APR % thats out there?

APR on credit cards?business loan

Hey ab,

APR stands for %26quot;Annual Percentage Rate.%26quot; It is the rate you will pay based on an annual dollar amount. A basic way to calculate this would be if you purchased something for $100.00 and made no payments for 1 year at an APR of 15% at the end of the year you would owe $115.00

It%26#039;s obviously more complex than that, and if you want a very detailed explanation of how it%26#039;s calculated, I%26#039;ve put some links at the bottom.

As far as what a good APR is, anything south of 10% is pretty awesome. Most people can expect around 15-19%, but I%26#039;ve seen them as high as 29%! (For cash withdrawls).

What APR you get will largly depend on what credit score you have. Bankrate.com has some good credit cards as well as Chase Bank.

APR on credit cards?

loan

The APR is a reflection of the interest rate charged for balances not paid in full each month. It is an annualized figure. Late fees are a separate issue.|||Check out www.fastcreditcardapprovals.com here you will be able to compare all major credit cards side by side on rates, fees and reward, no matter what kind of credit you have they have the right card for you|||Hmm..If you want you could have credit card with low APR or with no APR for 12 months. Here you can visit, http://www.businesscreditcardsite.com/cr... . Hope it could help. I used this card and it really helps..