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Interest is what credit card companies charge you for the privilege of borrowing money. It is typically expressed as an annual percentage rate (APR) . Most credit cards have variable APRs that ...1 Products and services may be offered by Royal Bank of Canada or by a separate corporate entity affiliated with Royal Bank of Canada, including but not limited to Royal Mutual Funds Inc., RBC Direct Investing Inc. (Member-Canadian Investor Protection Fund), RBC InvestEase Inc., RBC Global Asset Management Inc., Royal Trust Company or The Royal Trust Corporation of CanadaApr 18, 2024 · More often than not, your credit card has a variable APR expressed as a range — such as 17.24 percent to 29.99 percent. A variable APR changes according to the prime rate, a benchmark lenders ...
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