The Hotels.com® Rewards Visa® Credit Card interest rate is 19.24% - 27.24% Variable, with the actual rate depending on factors such as your income, credit history and existing debt. This Hotels.com Credit Card interest rate is variable, meaning it can change based on certain economic conditions.
The Hotels.com Credit Card gives you a 25-day grace period to avoid paying interest on your purchases. The grace period runs from the end of the billing period until the card’s payment due date. You won’t owe any interest as long as you pay your balance in full during that timeframe. Should you decide to carry a balance on your Hotels.com Credit Card, it will accumulate interest daily at the card’s regular APR. Interest is compounded, meaning you will owe interest on both the principal balance and any interest already accumulated.
In addition to the regular interest rate, Hotels.com Credit Card also charges a separate interest rate on cash advances. All Hotels.com Credit Card interest rates will be listed on your statement and on your online account summary.
The highest credit card interest rate in recent memory was 79.9% on a card offered by First Premier Bank in 2010 but that offer’s not available anymore. The current highest credit card interest rate is 36% on the First PREMIER® Bank Mastercard Credit Card.
The next highest credit card interest rate seems to be 35.99%, charged by the Total Visa® Card and the Milestone® Mastercard®. These rates are very high when you consider that the average interest rate is only around 22.39%.
A good interest rate on a credit card is 14% and below. That is roughly the average regular interest rate on credit cards for people with excellent credit. Even a relatively good interest rate on credit cards for people with lower scores is not all that low. For example, credit card users with good or fair credit could pay interest at an annual rate of 20%+ and still have a below-average APR. Better-than-average for a credit card overall isn’t much...
To find the interest rate on your credit card, look at your cardmember agreement and your monthly credit card statements. Your interest rate will be there in the form of an annual percentage rate (APR). But as “annual” implies, an APR is the cumulative interest rate for a whole year, which isn’t all that helpful for calculating actual interest charges from day to day or month to month.
WalletHub is committed to transparency and editorial independence. The information about the following cards has been independently collected by WalletHub: BankAmericard® credit card, First PREMIER® Bank Mastercard Credit Card, and Hotels.com® Rewards Visa® Credit Card
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