: A fixed yearly cost for keeping the account open.

: In some regions, services like interest payments or annual fees may be subject to additional taxes, such as an 18% GST in India. 3. Review Card Features and Rewards

: Some cards offer 0% APR for an initial period (usually 6–12 months). Rates typically increase significantly after this period. 2. Assess Fees and Charges

: This is the yearly interest rate charged on unpaid balances. It includes fees and additional costs associated with borrowing.

Rating a credit card involves evaluating its long-term cost, reward potential, and security features. As of March 2025, the average credit card interest rate was . 1. Evaluate Interest Rates (APR)

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