Is credit card interest compounded daily?
Discuss anything related to interest rates & fees, like balance transfer offers, low rate cards, annual fees, etc.
- Green Member
- Posts: 5
- Joined: Thu Aug 19, 2010 6:52 pm
- Location: Minnesota
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?
- Centurion Member
- Posts: 567
- Joined: Tue Apr 22, 2008 12:44 am
- Location: Zuma
Credit card interest is compounded daily.
Stop talking crap about him!
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