The APR rate, or annual percentage rate, is one way to compare how much using a credit card will cost in the longer term once the interest free period ends. APR is meant to show the amount of interest that you will pay per year when borrowing. For example, if the APR on a card is 20% and you spend £1,000 and don’t pay any of this back, the interest you’ll have to pay back will be £200. So, you would end up paying back £1,200 in total.
Other 0% balance transfer credit cards may also offer you 0% on purchases you make. You need to check the policy details carefully so that you know exactly how long the offers last for, and other terms and conditions may apply. Learn more about credit card APR.