Learn what a purchase APR is, how its rates affect you, and strategies to avoid extra costs on credit cards by paying balances in full before due dates.

Credit card lenders add a margin to the prime rate to arrive at your card’s variable APR. The prime rate impacts the cost of credit on consumer loans, including credit card accounts, with the rates on ...

Forbes contributors publish independent expert analyses and insights. True Tamplin is on a mission to bring financial literacy into schools. The Annual Percentage Rate is a fundamental concept in ...

Sean Messier is a personal finance writer with a focus on credit. He’s written for Credit Card Insider, plus several other national and global brands. Tfilm / Getty Images The Federal Reserve cut its ...

When the Federal Reserve speaks, the whole world listens—and if you have a credit card, you should listen too. That’s because the Fed’s monetary policy decisions directly impact your wallet, including ...

Interest-rate cuts are supposed to lower borrowing costs, but that's not necessarily happening for credit-card users The Federal Reserve has taken sizable steps to lower its benchmark interest rate ...

All credit cards come with more than a few moving parts. Among them is an annual percentage rate, or APR — the cost of borrowing money using the card. However, the tricky thing with credit cards is ...