What does Typical 12.9% APR Variable mean?
12.9% typical means that this is probably the figure they offer to customers who meet all their criteria as borrowers. The rate may be higher for those who do not fully meet those criteria. 12.9% may be the starting rate but variable means that it may go up or down later. If you transfer a debt from another card to your new card, that is a balance transfer. It would cost you 2.5% of the balance to transfer it but then that amount if left unpaid would not attract interest for 9 months. APR is the rate which would be charged on a constant balance which remained outstanding for just 12 months.
