How do I know how much the AAA payment will be on my new credit card, and what the interest rate is?
Answered on Wednesday, April 5th, 2017 by
Amy Miller

If you’re wondering what the interest rate is on your credit card, all you need to do is look at the terms and conditions on your membership packet, or on the card’s website. Often, the rate will be different for different customers, because it is awarded according to your credit rating. Your minimum amount due will typically be one percent of the principal on your balance; this is a very low number, and you will want to pay more than this, if you don’t want to end up paying off your balance over decades. Plan to pay off your credit card in full each month whenever possible; otherwise, debt can quickly add up and become overwhelming. The lower your interest rate is, the less interest you will accrue if you do not pay your balance in full each month. For that reason, it’s important to know the APR on your card, and try to get one with as low APR as possible.

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An Ebates credit card doesn’t have any 0% intro APR, so the interest will start accruing right away, and if you don’t pay off the balance within the grace period, you may face quite a sum to pay. The interest on the card is 15,74%. If you are averse to paying such a large interest, […]

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Although the NavyFCU offers multiple credit cards, they only have one card available that would be the most useful in your situation. That would be the Navy Federal Credit Union Platinum card. The platinum card offers the best interest rate out of all their cards, with a Variable APR of 8.74% to 18.0%. When making […]

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