The terms “purchase APR” and “interest rate” mean the same thing when it comes to credit cards. Purchase APR refers to the percentage of the loan amount you’ll owe on an annual basis in exchange for ...

The annual percentage rate is the cost you'll pay to carry a balance on your credit card. Credit cards have variable rates, which means the cost will fluctuate. There are different types of APR for ...

Credit cards with introductory interest offers can be a huge help over the holidays, but only if you pay off your balance fast. Holly Johnson is a credit card expert and writer who covers rewards and ...

If you do it right, a 0% intro APR credit card can be a smart way to finance a big expense without having to worry about accumulating interest. While you'll be required to make minimum payments, ...

If you're grappling with credit card debt, you may be inclined to move your existing balances over to a new card with a 0% introductory APR. Similarly, if there's a larger purchase you can't afford to ...

Hanna Horvath is a CERTIFIED FINANCIAL PLANNER™ and Red Venture's senior editor of content partnerships. Fox Money is a personal finance hub featuring content generated by Credible Operations, Inc.

As a freelance personal finance writer since 2008, Jason has contributed to over 100 outlets including Forbes, USA Today, Newsweek, Time, U.S. News, Money.com and NerdWallet. As an industry leader, ...

When you swipe your credit card, you incur a charge that could eventually cost you in interest if you don’t repay on time. The amount you pay in interest is based on your purchase APR, or annual ...

A purchase APR determines how much interest you'll pay on purchases you make with your credit card if you carry a balance. Credit card companies determine many APRs based on the prime rate – plus a ...

If you have a credit card with a 0% APR, you can spend money without facing any interest charges, right? Not necessarily. A single credit card can have multiple APRs, one of which is the account’s ...