Each bank gives a certain annual percentage rate for the credit card issued, however when a consumer uses it, the consumer has about 25 to 30 days to be able to pay the amount without an interest being charged on it, payments beyond this period is charged with an interest.
BEST CREDIT CARD OFFERS from our partners:
Get 0% Intro APR on Balance Transfers and Purchases for 21 months. After that, the APR will be 12.24%-22.24% based upon your creditworthiness.
For Excellent/Good Credit
1% cash back on select purchases, terms apply
For Fair Credit
Guaranteed $500 Unsecured Credit Limit
For Bad Credit