How exactly are APR credit cards different from most other ones? Basically, they offer a variety of benefits not just for their introductory free period but also for various purchases also revolving around the introductory year that the APR varies greatly. The differences between the two various APR credit cards or even their website is that these cards provide an introductory offer, often longer than typically when you carry the regular credit card. Check out APR FAQs for more information: http://www.apscreen.com/aprfaq.asp?contentId=28
Does this card come with 0% APR, or is it a promo APR card which offers great introductory offers. How much is your APR after the introductory offer but before the low price of 0% APR can you not find yourself in financial trouble?
Now another key difference that should stand out about these cards: for some they allow you to transfer your existing balance onto them even without the regular APR offers. Also, the zero percent interest rates can be up to 12% with the exception of some cards:
APR Credit Card Options – Understand Them All
APR stands for Annual Percentage Rate. It is then used to define the rate of interest that credit card companies would charge you with. It is also the rate that you would pay if you paid off your debt one hour late or one day late on average. That is the best kind of credit card. There are various credit cards that can do what this specific company do and can do so in such a way that it does not harm you personally (or more personally) in the long run as they are able to negotiate a better APR.
One thing the credit card companies are going to look at a credit card with in the future (perhaps in the future when there are too many of them) is whether or not they are able to do things to offer you more flexibility in how their credit card payments are made (not sure if that is true or not.) Some APR credit cards charge a percentage of each payment made to the card, and a minimal monthly maximum, or the APR (annual percentage rate) is the rate that the company would charge for all of your payments.
For example, if you receive your first APR credit card in the mail (not sure if it is, but most new cards are) you would receive a 0% APR for the first 6 months. You would then pay a fairly high APR amount per month that you would have to pay off your debt in order to get a low interest rate.
However, if you have an APR increase or change of APR in the near term (i.e. there will be too much interest and too little APR amount), you could just never pay off your debt. As such, since it is quite possible that you would still not pay off your debt in the long run, is really not a good thing for you, and would hurt you, overall.
The problem is that many people would choose a card that they believe is more APR friendly. Especially if they are unsure who that card is, you should find out what the APR is for that particular card (if any.) And do not forget to research the different accounts that the card has.