The interest rate applicable to credit card accounts is also referred to as the “annual percentage rate,” or APR. The interest rate applicable to most balances on a credit card, including the balance generated by purchases, is often referred to as the “retail” or “purchase” APR. Historically speaking, credit card offers in 2017 were very… continue reading
Tag: Balance Transfers
What Rising Interest Rates Mean for Cardholders
Updated 6 years ago by AmyWhy You Should Have More Than One Credit Card
Updated 6 years ago by AmyDepending on your financial circumstances, there may not be a single perfect card that meets all of your needs. Therefore, having more than one credit card can be a good option. Here are some other reasons having more than one credit card can be smart: Save Money With Balance Transfers. If you have an… continue reading
How to Find the Best Credit Card in 5 Steps
Updated 6 years ago by AmyThe one-size-fits-all approach definitely doesn’t work in the context of choosing a credit card. Each person has a unique set of circumstances, spending habits, and needs that may make one credit card a better fit than another. By helping you to understand the differences between credit cards, Credit Card Rewards can help you find the… continue reading
When A Balance Transfer Makes Sense
Updated 6 years ago by AmyA balance transfer allows you to move your credit card balance to a different credit card with a lower interest rate. Having a lower interest rate allows you to pay down your debt faster and save on interest payments. How much can a balance transfer save? Transferring a balance from a high annual percentage rate… continue reading