what is a good credit card apr depends on several factors, and there’s no single answer that fits everyone. Here’s a breakdown to help you understand:
Factors impacting “goodness” of APR:
Your credit score: Individuals with higher credit scores typically qualify for lower APRs.
Type of credit card: Cards with rewards programs or travel benefits often come with higher APRs compared to basic cards.
Current market conditions: Average credit card APRs can fluctuate based on the overall economy and interest rates.
-
This topic was modified 2 months ago by jiya83095.