How Often Do you Check Your APR đź’ł

Community Lounge
1

Imagine you’re reviewing your credit card bill and see a charge you forgot about, now you’re curious about how much interest you’re actually paying.

Which of these has most likely been your approach to checking your card’s APR?

  • Every time I get a statement, I want to know what I’m paying.
  • A few times a year, mostly when bills change.
  • Only when I’m thinking of carrying a balance.
  • I don’t even know what my APR is.
0 voters

Vote and tell us why! :backhand_index_pointing_down:

2

Never once carried a balance in my entire life!

3 Likes
3

This is something to emulate.

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4

I really just pay my balance on the card.

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5

I haven’t had to pay interest before because I treat my credit cards like a debit and always pay off before it’s due. My first stop to check what it might be would be on the app though. If I can’t find it there, I would likely look at the website next and look under my specific card choice

2 Likes
6

That’s a great approach.

1 Like
7

With a previous credit card, I used to carry a balance. However, I haven’t carried a balance with my Neo card. I make it a practice to pay off my balance right away. I don’t want to repeat previous financial mistakes.

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8

Welcome to the community @Adriana80. Paying off your card in full every month is a smart way to avoid interest and keep your credit healthy.

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9

Welcome to the community @Jcahoon, thanks for sharing.