The Learning Center
GLOSSARY TERMS
# - A - B - C - D - E - F - G - H - I - J - K - L - M - N - O - P - Q - R - S - T - U - V - W - X - Y - Z

Interest Rate

An interest rate is the rate at which a credit card company or other lender charges a customer for "borrowing" money. The interest rate is typically contracted as an Annual Percentage Rate (APR), or in other words a percentage of the amount borrowed over compounded annually.


Previous Credit Card Term: Interchange Reimbursement Fee

Next Credit Card Term: Introductory Rate


Best Credit Card Reviews
1. IberiaBank Visa® Platinum Card
No Annual Fee | Online Access to Account | Go Platinum Today! Read Review
2. Discover® More Card
No Annual Fee | Online Account Access | Online Bill Payment Read Review
3. Blue Cash from American Express
A great credit card! Get AMEX Blue Cash today! Read Review

* See the online credit card application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However all credit card information is presented without warranty. When you click on the "Apply Here" button, you can review the credit card terms and conditions on issuers website.