If you've ever carried a balance on your credit card, you can probably recall the feeling of getting hit with an interest charge. And if you tried to calculate it, you probably realized quickly ...

If that's the case, we have you covered. Here's what you need to know in order to figure out how much interest you will pay on a credit card. Credit card interest is what the credit card company ...

To calculate your credit card interest using the average daily balance method, divide your annual percentage rate by 365 to determine the daily interest rate. Every day that you carry a balance ...

Credit card issuers can calculate your minimum payment due in various ways. Some cards combine fees and interest for the billing period and then add a flat percentage rate on top of that ...

And despite how often the terms "APR" and "interest rate" are used interchangeably, they aren't quite the same thing. To better understand how credit card companies calculate interest charges ...

If you carry a balance on your credit card, you're paying interest charges. First things first: Figure out how to avoid being charged that interest in the first place. Otherwise, the easiest way ...

Holly Johnson is a credit card expert and writer who covers rewards and loyalty programs, budgeting, and all things personal finance. In addition to writing for publications like Bankrate ...

Period. You don't really need a credit card interest calculator because there's nothing to calculate. Your interest rate can be essentially irrelevant. If you roll debt over from one statement to ...

Use our credit card interest calculator to figure out how much interest you’ll owe, and how long it will take you to repay the debt. Fill out the balance and interest rate prompts, select how ...