Is credit card interest compounded daily?

Discuss anything related to interest rates & fees, like balance transfer offers, low rate cards, annual fees, etc.
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highflyer
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Is credit card interest compounded daily?

Postby highflyer » Thu Aug 19, 2010 7:00 pm

I remember back in school the way interest is compounded can make a big different. Is credit card interest compounded daily? Hourly? By the minute?


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Cucumber
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Postby Cucumber » Mon Aug 23, 2010 7:35 pm

Credit card interest is compounded daily.
OBAMA
Stop talking crap about him!



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