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Old 04-15-2007   #1 (permalink)
remotay
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Default Credit card interest rate?

Whats the interest rate on your card? My visa is about 20% I believe. I never forget to pay off my entire balance at the end of the month though. I can't see how people allow their debt to accumulate with that much interest...
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Old 04-15-2007   #2 (permalink)
labyrinth
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Well, it depends upon the bank which issued that card. And the interests thus varies. So better confirm it from you back. Time factor is also a issue in interest rate.
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Old 04-16-2007   #3 (permalink)
JBL20
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My interest rate on my card I got now is 18% and for the most part I pay it off every month. But occasionally I let it carry over to the next month. It really does suck to see how much money you pay in interest. Just think all that money could be in your pocket.
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Old 04-19-2007   #4 (permalink)
vishalvasani
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I have a credit card but i have not idea about credit card interest rates....
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Old 04-22-2007   #5 (permalink)
qaswer
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Quote:
Originally Posted by remotay View Post
Whats the interest rate on your card? My visa is about 20% I believe. I never forget to pay off my entire balance at the end of the month though. I can't see how people allow their debt to accumulate with that much interest...
Are you sure that you are paying 20 % for a credit card ? I think it is so expensive and you should change you bank or card as i know there are many which are available on 0 % rate .
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Old 04-23-2007   #6 (permalink)
SoulasisMusic
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I have one that I pay in full all the time and the interest rate is 20%. I always pay it in full so I never worry about the interest rate. They're not getting any interest out of me anyway! Lol.
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Old 05-26-2007   #7 (permalink)
laker110
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I think its all totally dependent upon the bank , of which you are using the card because it differs from bank to bank. I think the interest rate of my card is 20%
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