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Old 05-07-2007, 03:31 PM
Nezz Nezz is offline
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Default I have two credit cards . . . one has an annual interest rate of 9.99% and the...

...other is 7.99% daily.? Which one is better in the long run?


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Old 05-07-2007, 04:42 PM
Jmeller Jmeller is offline
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I doubt that your credit card is charging you 7.99 % daily, that is like 2,900% annual. Most likely, it is 7.99% annual of your average daily balance. Assuming that both cards are the same, with no annual fee, the 7.99% should cost you less in the long run.
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Old 05-09-2007, 06:09 PM
Marciano C Marciano C is offline
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It depends. After 1yr. which one has the highest APR?If u miss a payment does your APR go up?Cash advance. Does your APR go up?Which one is more widely accepted? Check it out all pros and cons.
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