What does apr variable mean on credit cards?

Answer Credit cards can lead people into financial trouble, especially if they don't understand all the terms when signing up for one. APR is an important term for credit card holders to understand.Identi... Read More »

Top Q&A For: What does apr variable mean on credit cards

What does variable rate on credit cards mean?

A variable rate on a credit card means that the interest rate tied to the credit card balance is subject to change on a preset basis, based on market conditions. This means that the interest rate c... Read More »

Do all credit cards have a variable APR rate?

While it seems like most credit cards have a variable APR, this does not always hold true; however, variable APRs are the most popular type of interest rate for credit cards.IdentificationNot all c... Read More »

The Similarities Between Islamic Credit Cards & Conventional Credit Cards?

The Koran, the holy scripture of Islam, forbids Muslims to charge interest. As with the Hebrew Scriptures, the Koran places lending in the category of charity, and so regards interest as a form of ... Read More »

Are gold credit cards better than regular credit cards?

On One Hand: Regular Cards Accept Lower RatingsRegular credit cards have higher credit limits than secured cards but often not as high as gold cards. Traditionally, you do not need to have as good... Read More »