Unverified50% confidenceFactExact time
If a card has a 35% APR, it charges about 0.095% interest per day; a $1,000 revolving balance accumulates about $29 in interest over a month, while an 18% APR card charges only about $15 over the same period.
1
Sources
50%
Confidence
Long-term
Relevance
10/15/2026
First Seen
Sources
3 Things You Should Never Do With a Credit Card: The Traps of High APR and Minimum Payments
youtubeTED-Ed10/15/2026
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