I'm not very knowledgeable about credit cards neither is my mom with her horrible credit. Well two years ago I opened up a Discover Card account in the hopes to open up credit, then later on I opened up an Old Navy account. Since I don't have a job and both were open with my mothers permission I told myself that's my limit and use them for sales or to shop online. Anyway I was looking at my account and I was wondering what's a good credit card interest rate. My old navy credit card is almost always paid in full before the next billing period because I just do use it for the store discounts and the times that it wasn't paid in full the remainder of like $40 had only gained less than $2 interest rate. While my discover card only gains around $6 a based on like $300-$400.. the highest it ever was, was $10 based on like $600-$700. Does that sound like a good interest rate? And where can I find my interest rate? My statement shows. Daily and annual rates....
I guess I should have asked this BEFORE I got the credit card.
I guess I should have asked this BEFORE I got the credit card.