Credit Card Basics

Your credit card statement contains everything you need to stay on top of spending, interest, and rewards. Learn how to read each section and what to look for.

Credit utilization is the percentage of your available credit you’re using. Learn why keeping it under 30% (or 10%) can meaningfully lift your credit score.

A credit card grace period lets you avoid interest if you pay your full balance each month. Learn how grace periods work and the simple rule that protects yours.

Credit card interest is calculated using your daily periodic rate and average daily balance. Learn exactly how the math works and how to pay less in interest.

APR (Annual Percentage Rate) determines how much you pay when you carry a credit card balance. Learn how APR works and how to minimize its impact on your wallet.