What is the purchase rate? – Compare & Save | RateCity – When you think of credit card interest rates, you _re probably thinking of the purchase rate _ the interest you _ll need to pay on typical credit card purchases, made in-store or online.
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What is ‘Purchase APR’. Purchase APR is the annual percentage rate that applies to outstanding balances on purchases made using a credit card. The purchase APR is the interest rate charged on the remaining balance for any purchases made with the card if the total balance of a credit card is not paid in full each month;
Understand what is an annual percentage rate, how it’s calculated and the different types of APR to help you make more informed credit card decisions with this article from Better Money Habits.. Purchase APR. The rate applied to credit card purchases.
Repeat Purchase Rate, and how to calculate it – The repeat purchase rate measures the percentage of your customers who come back for another purchase. This can also be called your repeat customer rate, re-order rate, or even customer retention rate. Your repeat purchase rate will always range from 0% to 100%, with the higher the number the better.
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Purchase rate definition – Glossary – CreditCards.com – A purchase rate is the interest rate charged on regular purchases put on a credit card. It differs from a cash advance rate in that it is lower because banks and issuers view regular purchases as less risky.