Credit Card APR Explained for beginners | APR Calculator

Today I look into credit card APR and explain all the details easy for beginners to understand. I talk about what APR is exactly, how it is calculated and how you might be able to reduce it.

I talk about the differences between APR and interest rates. I look into variable as well as flat rate comparisons. I also show you an APR calculator.

So if you are looking to get a new loan, new credit card or would like to grow your knowledge of any you already have then this video should help you understand.

I am passionate about educating people about personal finance. I cover how to save money, how to invest, the difference between saving accounts, ISAs and so much more. So if you want to know more about finance then subscribe to see more of my videos and find links to my other social platforms further down in this description box.

Thanks for reading!

00:00 Introduction
01:00 Topics
01:18 What is APR?
02:44 APR vs Interest Rates
04:19 Flat Rate?
05:56 How is APR Calculated?
08:10 How to use a Calculator
09:01 Can you Reduce your APR?
11:02 Outro

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