someone explain credit cards to me

>>2903976
You're only billed interest if you don't pay your balance in full every month. Pay in full and you'll pay nothing to use a credit card without an annual fee.

>>2903976
This is a good card, get the Preferred it you can. YTD i have gotten back $750 to use this card with no interest from cash back. THough i never carry over a balance.

See this>>2903982

>>2903982
>You're only billed interest if you don't pay your balance in full every month.

And where exactly does it say that?
All I see is this:

0.0% introductory APR for the first 12 months.

After that, your APR will be 13.99% to 24.99%, based on your creditworthiness and other factors as determined at the time of account opening. This APR will vary with the market based on the Prime Rate.

First year nothing, then an assload after that. Nothing about paying stuff on time.

https://www.americanexpress.com/us/credit-cards/personal-card-application/terms/blue-cash-everyday-credit-card/25330-10-0/?print#FeeTable

Thats how all credot cards work, most wont say

>>2903976
>>Almost all threads about crypto GARBAGE
>>Then we have this thread

4chan, don't stop being an embarrassment to the human race.

>>2903976
Because it allows you to buy extra shit you don't need.

>>2903976
The interest is applied to your balance as of a specific date that is mentioned in the contract. If your balance is $0 on that date, then 13.99-24.99% of that is $0.

Google billing cycles and closing dates.