Do you know your credit card interest rate? Do you care?

[Date_a_Snob]

[Orion84]

I only have two credit cards, by choice. I don't like purchasing things with credit, but I accept that it's necessary to do so because it helps your credit score, so I use one for gas, and one for groceries.

I know the interest rates on both are relatively high, since I got both cards when I was 18. However, I've always payed them both in full, every month, so I've never actually payed a penny in interest, so the rate doesn't matter.

[Red_Arrow]

Don't have one. I use a debit card. Always have. No interest when you are paying with your own money. Some things you need to borrow for, like a home loan. but you can shop for the best deal, and the mortgage will usually include equity for home insurance and property taxes. I have bought cars that are barely used and get a price that I can pay cash for. Sometimes I buy a new car and shop for a good rate. Credit cards are a waswte of your money.

[SuperJJ]

I know the rate and off course I take care. I always pay the total amount each month, so I won't pay this expensive interests.

[CindyRuns]

I don't care because I pay off the whole balance every month

[SixFootSexy]

Pay mine off every month. I have one for convenience & the points.

[HungTexan]

I’m not sure, but since I always pay it off each month before interest, I don’t really care.

[Date_a_Snob]

You're better than most people!

[HungTexan]

I just hate paying interest. 😁

[NathanDavis]

"virtually perfect" and not really much on use anyway

I go with debit

[bowenw]

It is about four times more than a line of credit, so I never carry a balance on it.

[Date_a_Snob]

That's true. The interest rate on my life of credit is 9%, while my credit card is 29%.

[Anonymous]

Yes I do. Yes I care about them that’s why I make sure to pay them off each month before the billing cycle ends.

[Date_a_Snob]

I'm trying to do the same.

[Opinion Owner]

You have a lot of debt

[Date_a_Snob]

Some debt, yes...

[Opinion Owner]

We’ll get rid of it lol a lot? Numerous cards?

[Wise4myage]

No, I have no idea, lol. But I don’t use a credit card anyway.

[Date_a_Snob]

No credit card?

[Wise4myage]

No, but I carry a debit card.

[Date_a_Snob]

Me too.

[Wise4myage]

Nice. I just checked anyway to make sure, lol.

[Friendlybro79]

Yes because. . it's in my best interest... Bad joke of the day... brought to you by me

[LunarEclipse433]

Yes. As long as it stays low I don’t care. And I pay it off monthly so there is no interest

[Jerre]

I’m not sure what the interest rate is at my bank. I always pay my CC balance when due.

[Bklynbadboy12]

Yes i do and of course I care that's very important

[chrissykerdock]

the interst rate is that of a loanshark

[Date_a_Snob]

That high? Mine is just shy of 30%

[Wise4myage]

Holy crap!😳

[chrissykerdock]

@Wise4myage you might as well go to a loanshark

[Wise4myage]

No kidding.

[Date_a_Snob]

In Canada interest rates on credit cards are usually high. Mine is at the upper end though.

[Wise4myage]

That sucks’

[Kaneki05]

Don't have one because debt is bad

[Date_a_Snob]

Your better than me

[Dargil]

Yes. About 10.5%

[Date_a_Snob]

10.5% is incredible. My rate is just shy of 30%.

[eagle1951]

i do, and i don't