How do I work out/find out my existing card APRs?

ahj1309

2011 will be my year for paying off my card debt. How do I find out which card has the highest rate so I can pay that off first. Some of my statements don't seem to have this info and others display it in a monthly rate whilst some display it in an annual rate - help!!

opinions4u

Why not list the names of the cards you have and what monthly / annual rates that are provided?

If you'd prefer not to, the annual rate speaks for itself, multiplying a monthly rate by 12.6 will turn it in to an annual rate and a phone call to the card company will fill the gaps in for the missing detail (although it surely states somewhere on the statement what the rate is).

YorkshireBoy

ahj1309 wrote: »

Some of my statements don't seem to have this info

I'd be very surprised if they don't display one or the other, being as it's a requirement of the lending code*! Me thinks you're not looking hard enough.

and others display it in a monthly rate whilst some display it in an annual rate - help!!

Here's a conversion calculator...

http://www.stoozing.com/mon2yr.htm


* http://www.lendingstandardsboard.org.uk/docs/lendingcode.pdf (point 98, bottom of page 14)