Where can I find the APR?

kindofagilr

Hi all

I was wondering if you could help me

I was hoping to do the snowball calculator but am at a loss to where I would find my APR for my credit cards other than on the CC statement?

I have online access to all the CC would it show me on there somewhere?

Thank you in advance

longtermplanner

It sometimes feel like you have to be a detective to find the interest rates on your cards!

Unfortunately their is no simple rule as to where to find it. If it isn't obvious on the CC statement nor online, then you should phone them up and ask. And check that that rate applies to your whole balance, as sometimes different bits are at different rates.

Also if you get an answer of 2.1%, don't smile and think that one is ok then, because you are probably being quoted a MONTHLY rate of interest. Convert it to an annual rate using the calculator here http://www.moneysavingexpert.com/banking/interest-rates

kindofagilr

Thank u very much, that's helps a lot xx