interest rate of credit cards

Monthly periodic rate: 20% / 12 = . rsvp cards for wedding 67%. rsvp cards for wedding Daily periodic rate: 20% / 365 = 055% Periodic rate for a shorter billing cycle, e g , 22 days: 055% (daily rate) * 22 days = 1 21% The periodic rate is helpful for understanding how your finance charges are calculated but, ultimately, the standard APR is the best way to compare different card rates