You can find your card's specific rates in the Schumer Box on your monthly statement or original agreement.
The is the standard way to express the total yearly cost of borrowing money on a credit card. While expressed as a yearly figure, interest is typically calculated daily based on your average balance. How APR Works in Practice credit card apr
: A low or 0% rate offered to new customers for a limited time (e.g., 12–21 months). You can find your card's specific rates in
: Interest often compounds daily, meaning you pay interest on both your original balance and the interest that has already accumulated. credit card apr