Q :? What is a purchase in April
A: purchase APR is the interest rate users pay for purchases on their card credit. It differs from a transfer balance in April, which is the interest rate paid to the funds transferred to a credit card with another credit card. April means "Annual Percentage Rate", also known as the interest paid for an entire year. It is the fee or finance charge users pay for a debt balance on their credit card.
Typically, if the balance is paid in full each month the finance charge (APR) is deleted and the user will not be charged this fee. Therefore, if possible, it is always a good idea to pay off your balance in full (or as many as possible) each month. If this is not possible, it is wise to consider a low card in April
Low APR cards offer a low or 0% APR for an introductory period. This means that the user can perform a balance and not be charged for it during this period. Some of our senior card APR include Citi® Platinum Select ® Visa, which has a 0% purchase APR and balance transfer for a long 21 months. We also like the Citi® Diamond Preferred® -. $ 200 Statement Credit Card, which has a 0% purchase APR and balance transfer for 18 months and a $ 200 statement credit after making $ 500 in online shopping in the first 3 months