Borrowing with a credit card can be expensive if you're not careful. Some cards impose interest with an Annual Percentage Rate (APR) upwards of 30% a year. If you use credit cards responsibly, however, you can take advantage of perks without ever needing to pay interest.
APR is irrelevant if you pay in full
Most major credit cards offer a grace period on purchases. This means that after your monthly statement closes, you'll typically have a few weeks before you have to pay it off. In the meantime, any charges you make on the new month's statement aren't due until a few weeks after that statement closes.
As long as you pay off each monthly statement in full by its due date, you'll never incur interest. If this is your m.o., then choose a credit card based on other features that are impo...
from MoneyTips https://www.moneytips.com/when-your-credit-card-apr-doesnt-matter
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