do credit cards have interest
do credit cards have interest

do credit cards have interest

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Different interest rates are charged, depending on the type of transaction. Unless you pay off the balance in full each month, you will usually be charged interest on the value of purchases made with the card. This is known as the 'purchase rate'. Some cards come with 0% deals on purchases, where you don't have to pay any interest on spending ... cash back credit cards best

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