Interest Rate Advice

Latest Credit Card Interest Advice & Stories

• 

  Current Credit Card Interest Rates

  View current credit card rates based on Bankrate.com’s weekly national survey of large banks and thrifts.

  1 min read Dec 07, 2022
• 

  Should you use a credit card for large purchases?

  Funding a large purchase with credit can be handy if you have a payment plan to reap the benefits.

  9 min read Nov 07, 2022
• 

  How to save on weddings using credit cards

  A smart credit card strategy can buy you more time to pay off your wedding costs without interest, nab enough travel points for a free honeymoon or put cash right back into your wallet.

  3 min read Nov 07, 2022
• 

  Want a lower credit card interest rate? Just ask

  Securing a lower interest rate may be as simple as asking your credit card issuer.

  4 min read Nov 07, 2022
• 

  Best balance transfer cards with no balance transfer fee

  Learn our picks for the best balance transfer cards with no balance transfer fee.

  7 min read Nov 04, 2022
• 

  6 things you didn’t know about 0% APR cards

  The best 0% APR credit cards let you avoid interest, but what else should you know? We explain some of the most common misconceptions as well as their most important benefits.

  4 min read Oct 26, 2022
• 

  How to use a 0% intro APR card for holiday shopping

  Afraid of that January credit card bill? A 0% intro APR card could help you avoid interest on holiday purchases if you use the introductory offer strategically.

  3 min read Oct 17, 2022
• 

  What is purchase APR?

  When you take out a line of credit, your lender has the right to charge interest on any money you borrow. In the case of credit cards, this interest often comes in the form of purchase APR.

  3 min read Sep 23, 2022
• 

  What happens when your 0% intro APR period ends?

  Once a 0% intro APR period ends, unpaid balances start to accrue interest.

  5 min read Sep 22, 2022
• 

  Does asking for a credit card rate cut affect your credit score?

  A rate decrease won’t hurt your credit unless it triggers a hard inquiry.

  3 min read Sep 07, 2022
• 

  How to use a credit card to cover health expenses

  When paying for medical bills with credit, aim to pay it off as soon as possible.

  6 min read Sep 01, 2022
• 

  Can you pay student loans with a credit card?

  You can pay your student loans off with credit, but that doesn’t mean you should.

  4 min read Aug 12, 2022
• 

  What happens to your retail credit card when a store closes?

  When a retailer vanishes, your card debt doesn’t. Here’s how your retail credit card may be impacted by store closures.

  4 min read Aug 02, 2022
• 

  What is deferred interest, and is it worth it?

  Learn how deferred interest works and how to avoid its pitfalls.

  5 min read Jun 23, 2022
• 

  What does 0% APR mean?

  Zero percent APR can be quite helpful, but requires a certain level of discipline.

  7 min read Jul 19, 2022
• 

  Is credit card interest tax-deductible?

  Interest paid on outstanding student loan debt, mortgage and home equity loan debt, business expenses, and interest on money borrowed to purchase investment property qualifies for a deduction.

  3 min read Jul 07, 2022
• 

  What to do when you don’t pay off the balance on a 0% APR business credit card

  The beauty of 0 percent APR business credit cards is that they allow business owners to charge and maintain a balance without interest being applied to the debt. All you have to do is send at least the [...]

  3 min read Apr 25, 2022
• 

  How to do a balance transfer with Chase

  Find out everything you need to know about transferring a balance with Chase.

  6 min read Apr 19, 2022
• 

  When to ditch your high-interest credit card

  Follow these steps to save money and eliminate your high-interest debt.

  6 min read Apr 19, 2022
• 

  Should I use a personal loan to pay off credit card debt?

  Using a personal loan to pay off credit card debt can be a huge financial relief—but is a personal loan your best option?

  7 min read Mar 29, 2022