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What Is APR on a Credit Card? | Credit One Bank

APR stands for annual percentage rate and represents the cost of borrowing money. The higher the APR, the more you can expect to pay in interest on purchases financed with a credit card. This video by Credit One Bank explains annual percentage rate in detail, including the three main types of APR—fixed rate, variable rate, and promotional—as well is how APR is calculated. Learn more about APR at https://www.creditonebank.com/article... on Credit One Central (https://www.creditonebank.com/articles), your online resource for all things credit. ------ Credit One Bank offers a spectrum of products for people in all stages of their financial life including credit cards through the Visa®, Mastercard® and American Express® networks. Founded in 1984, Credit One Bank is one of the fastest-growing credit card providers in the United States. Credit One Bank is the Official Credit Card of NASCAR®, the Las Vegas Raiders, the Vegas Golden Knights, and Best Friends Animal Society®, and is a proud partner of WWE® and Six Flags®. Learn more at CreditOneBank.com and on social media (@CreditOneBank) on Facebook, Instagram, Twitter, YouTube, and LinkedIn.   / creditonebank     / creditonebank     / creditonebank     / creditonebank