- You should always avoid carrying a balance on your credit card, but if you can’t pay your statement in full, the annual percentage rate (APR) matters. This determines how much interest you’ll pay on your balance.
- Credit card APRs are currently among the highest we’ve seen, but having a good credit score will help in getting offered a lower interest rate, and some cards offer 0% introductory rates.
- Cards offering introductory APR offers include the Blue Cash Preferred® Card from American Express and the Chase Freedom.
- See Business Insider’s list of the top rewards credit cards you read more >>>