interest on credit cards

Credit cards: 6 common myths everyone should be aware of

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Credit cards: 6 common myths everyone should be aware of

If you regularly use a credit card, it is vital to be aware of the key rules including the annual fee, late payment charges, high rates of interest, minimum charges and the interest-free period. Importantly, you should make sure that you stay away from the common myths that are believed to be true by the … Read more

How do banks make money through credit cards? Here are 4 ways

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How do banks make money through credit cards? Here are 4 ways

Credit cards are one of the easiest ways to buy your favourite products without paying for them in cash immediately. But what does it mean for banks that provide you credit? How do they benefit by lending money to you? Or do they have to wait till the due date to get their money back? … Read more