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    balance computation method. This method is a formula used to determine amount of the outstanding balance on which you're charged
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    Know Your cards' Annual Percentage Rate (APR)

    The APR is the interest rate of your card. Every credit card offer must include the APR and whether the rate is fixed or if it will rise. Many credit cards have variable interest based on prime. If the credit card interest rate will change from time to time, the issuer also has to tell you the periodic variation rate of your APR.

    You should also know how your interest is calculated. You'll read something in your credit card statement about a balance computation method. This method is a formula used to determine amount of the outstanding balance on which you're charged

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    must include the APR and whether the rate is fixed or if it will rise. Many credit cards have variable interest based on prime. If the credit card interest rate will change from time to time, the issuer also has to tell you the periodic variation rate of your APR.

    You should also know how your interest is calculated. You'll read something in your credit card statement about a balance computation method. This method is a formula used to determine amount of the outstanding balance on which you're charged

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    If the credit card interest rate will change from time to time, the issuer also has to tell you the periodic variation rate of your APR.

    You should also know how your interest is calculated. You'll read something in your credit card statement about a balance computation method. This method is a formula used to determine amount of the outstanding balance on which you're charged

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    our APR.

    You should also know how your interest is calculated. You'll read something in your credit card statement about a balance computation method. This method is a formula used to determine amount of the outstanding balance on which you're charged

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    balance computation method. This method is a formula used to determine amount of the outstanding balance on which you're charged interest during each billing period. All traditional credit cards use the same formula as most of the other credit cards. However, from time to time you can find a credit card using a different formula that can be to your advantage or most probably turn financing with that card extremely onerous.

    Cost of Finance

    The finance charge on your billing statement is the cost of credit for the month. It's calculated by multiplying the outstanding balance by the periodic rate. If you have a small

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