I am trying to compare my three credit cards, but all describe the interest rates differently, making it difficult to compare. I get APR on card 2 but have no idea what the others mean and how to convert them to APR. A quick Google hasn’t helped either. Any ideas?
Annual Simple Interest Rate
Annual Compound Interest Rate
Annual Percentage Rate (APR)
Purchase Interest Rate (this is not APR too low a figure 1.75%