Many issuers use your card’s average daily balance to calculate credit card interest. Getting your average daily balance involves adding up the balance on your card from each day in the billing period and dividing that sum by the number of days in the billing period. Interest calculations proceed from there.

From good vs. bad rates to avoiding common pitfalls, credit card APR can significantly impact your financial health.

Timing really is everything when it comes to credit cards – especially when a promotional 0% APR period ends. What happens when your credit card's 0% intro APR period concludes and what does it mean for credit cardholders?

A 0% APR credit card can be a great option, but is it a smart move for you? Here's what you need to know before submitting your application.

Many credit cards charge interest rates of 20% or higher. Check out the best strategies to follow and never pay interest on your credit card.

It’s no surprise that credit card interest charges can add up. Some credit cards charge an APR, or annual percentage rate, that’s over 20 percent. However, 0 percent APR credit cards can offer a break from mounting interest charges by giving you the chance to pay down your balance without incurring interest for a certain period of time.

Credit cards with 0% annual percentage rates provide the advantage of avoiding interest for a limited duration. Here's everything you need to know before applying for one of these cards.

Whether you’re looking for your first credit card or you already have several, it’s not always easy to figure out how to choose the right credit card. With so many options available, it can be overwhelming to determine which credit card suits your needs.

The holidays are quickly approaching which means you’ll probably start seeing new deals on credit cards. Consumer Investigator Rachel DePompa found out from a Tayne Law Group why you need to be cautious before you agree to sign up.

Credit cards offer more than just a convenient way to pay; they provide a host of benefits that can enhance your financial health. From building credit to earning rewards, understanding the advantages of using credit cards can help you make informed financial decisions.

As reported by WalletHub, credit card debt was $1.30 trillion in August 2024, setting a new record. Despite surpassing the previous peak, it’s still $99 billion shy of the all-time high set in 2007. Although the Federal Reserve recently cut interest rates,