 TITLE: What Can Increase Your Credit Card’s APR? CONTENT: How Does APR Differ for Loans and Credit Cards?\n-----------------------------------------------\nWith credit cards, the annual percentage rate is synonymous with the card's interest rate. It can help you understand how much interest you'll pay if you carry a balance or get a cash advance. However, it doesn't account for the card's fees or how long it takes you to repay a balance.\nIn contrast, an APR on a loan depends on its interest rate, repayment term and lender fees. Comparing APRs on loan offers can be helpful because a loan with a low interest rate might wind up costing you more overall if the lender charges high fees. Many loans carry fixed interest rates, meaning your interest rate and monthly payment stay the same for the lifetime of the loan.\nCredit cards typically have three variable APRs—one each for purchases, balance transfers and cash advances. The APRs you receive will depend on the card, a benchmark rate and your creditworthiness when you apply. Most credit card APRs are variable and can change over time. END