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Credit card rates have always been an issue in applying for a credit card. These rates are what everyone should know before choosing a credit company from another. Shopping around for the best rates will give you the best deal.

For you to own a credit card, you should first know what are credit card rates? What is an APR? What are the different kinds of rates?

Credit card rates are used to measure the interest of your credit card. It is used to know how much you would pay if you hold a balance on your account, if you have a cash advance or loan, and if you transferred a balance from other credit cards. The credit card rates are usually computed annually.

1) APR. The APR signifies the annual percentage rate of the interest. The APR is used by the bank to know how much would be charged on your bill for a yearly basis. There are two kinds of APRs:

* Fixed. This kind of APR is an interest rate which has been arranged by the bank. The fixed APR would not be changed unless the bank or the credit card owner would amend the contract of agreement. Majority of credit card accounts that has fixed rates does not change often. * On-going. This kind of APR is a kind of interest rate that could change even after the signing of contracts and the grace period.

Note: Both the fixed and APR rates would depend on consistency of the bill payments, if you would request your APR to be changed either lower or higher and if certain government provisions was made regarding the annual rates of your credit card.

* Special APRs. These kinds of annual rates would depend on the contract you have signed. If your terms specify a penalty APR when you would not be able to pay for your bills, this kind of rates would apply.

2) Interest rate.

* Fixed. A fixed interest basically means that your rate cannot be changed unless the bank informs you that there have been some changes in the policies.

* Variable. A variable interest rate changes automatically whenever the basic rate of the bank increases or decreases.

Note: Both the fixed and the variable rates could be changed by the bank anytime. This means that any bank could alter the terms and conditions of your credit account for a fifteen-day notice.

I’m always paranoid and want to accomplish things quickly. I’m just trying to see where I stand in comparison to most people around my age. I’m 25 years-old and I will have made almost $120K by end of this year. Here are my finances:

- $12,000 in 401K
- $6,500 in savings

Debt
- $3,600 in credit cards
- $15,000 in student loans
- $500/month payment on a lease

cual es la mejor tarjeta del mundo?? american express que tan buena es? la amex platinum de credito es buena? que diferencia tiene con las demas bancarias? es cierto que es el status y el nivel que te da ser tarjetahabiente?? o que tanto es cierto el respaldo y proteccion que te ofrece en una eventualidad?

You now how when you buy stuff a statement is mailed home of all the things you bought for the past month. So if you buy using prepaid credit card is the statement mailed home?

My son is involved in a rather expensive sport and we are looking for ways to maximize the use of credit card travel miles for travel to national tournaments. We just started using an airline credit card to pay for monthly bills and then just pay off the card every month to accumlate miles. What if another card from another airline were used periodically to pay that monthly balance off and then allow the card from the second airlines to accumulate miles-kind of a rotation of credit cards-does anyone know if the card companies allow this?
If not, does anyone have any suggestions for ways around this or a different angle that can be used to the same end?