One of the most basic factors which determines how expensive your credit card is to use is it's interest rate, or APR (Annual Percentage Rate). The lower this figure, the less money you'll be charged for the privilege of borrowing money on the card.
As APRs are so important when making the choice of which new card to apply for, many advertisements and promotions feature strikingly low rates, at least initially, in an effort to lure in new custom. This is a...
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