You’ve probably noticed the term “variable APR” on your credit card agreement or on credit card offers you’ve received online and in the mail. But what exactly is a variable annual percentage rate?

Credit card APRs move up quickly when the Fed raises rates but drop more slowly when rates fall, which means cardholders ...

The annual percentage rate, or APR, is an essential concept for anyone borrowing money to understand. It is the total rate of interest paid annually over the life of a loan. APR plays a vital role in ...

If you're relatively new to the world of credit cards — or even if you're not — you probably have a few questions about an important concept: annual percentage rate — and especially, what is a good ...

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 ...

Sophie Venz is a former Deputy Editor at Forbes Advisor. She is an experienced editor and features reporter, and has previously worked in the small business and start-up reporting space. Previously ...

When you shop for a new credit card, you probably consider rewards, benefits, fees and interest rates. As you compare options, you may also see the term “intro APR.” We’ll explain what an introductory ...

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 ...