APR stands for annual percentage rate, which in other terms is the interest rate. When you talk about APR, you usually refer to credit card APR. The annual percentage rate on credit cards may vary from bank to bank as well as from customer to customer. Usually a bank can offer new clients a credit [...]

It’s true! Banks do offer 0 interest credit cards to preferred customers. But there is an emphasis on “preferred”. A preferred customer is one who pays his bills diligently, promptly and responsibly. A responsible cardholder who has full control over his spending and savings is what banks look for when considering offering the no interest [...]