What APR means
APR stands for annual percentage rate. It is a way to show the yearly cost of borrowing. Credit card interest can be calculated differently by lenders, but APR is useful for comparing costs.
Calculator
See what APR could mean as approximate monthly and yearly interest on a credit card balance.
Interactive calculator
Enter a balance and APR to estimate the monthly and yearly interest before repayments.
APR examples are simplified and for education only.
APR stands for annual percentage rate. It is a way to show the yearly cost of borrowing. Credit card interest can be calculated differently by lenders, but APR is useful for comparing costs.