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A summary on credit card interest rates. Interest is charged as a percentage on the money you borrow on a credit card. Different rates of interest can apply to different transaction types. Introductory or promotional interest rates could reduce the cost of borrowing. As well as interest, other fees and charges may apply.

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Interest Rates and Interest Charges. Annual Percentage Rate (APR) for Purchases. Simplicity. 0.00% Introductory APR for a period of six billing cycles. After that, your APR will be 7.99% to 18.00%, based on your creditworthiness. This APR will vary with the market based on the Prime Rate. Platinum Rewards.

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If you carry a balance on your credit card, a higher interest rate, also called an annual percentage rate , can make it harder to put a dent in your debt. When you make payments on a high-APR card, more of your money goes toward interest, which means it takes longer to chip away at the principal balance.The interest rates on "SBI Tax Savings Scheme 2006(SBITSS)" Retail Deposits and NRO deposits shall be aligned as per the proposed rates for domestic retail term deposits. However, NRO deposits of Staff are not eligible for additional 1% interest otherwise applicable to staff domestic retail deposits, these rates of interest shall also be ...The interest rate charged on a credit card is expressed as an annual percentage rate. Those in the money lending business have the legal right to charge borrowers an additional fee for their services. For instance, if Jim borrows $100 US Dollars (USD) from Jeff, that money would be considered the "principal" amount of the loan. ...

The Bank of Canada is the nation's central bank. We are not a commercial bank and do not offer banking services to the public. Rather, we have responsibilities for Canada's monetary policy, bank notes, financial system, and funds management. Our principal role, as defined in the Bank of Canada Act, is "to promote the economic and financial welfare of Canada."What is the interest rate for my TD Credit Card? The annual rate of interest for a TD Credit Card depends on which type of TD Credit Card you have. View the annual interest rate for each TD Credit Card. Please note: Interest rates, fees and features are subject to change. Credit Cards and Interest Rates. Credit cards have become very normalized in today's society. Things like putting a luxury trip on a credit card, buying everyday necessities, or treating your significant other to a nice meal, has become a part of our everyday credit card expenses.