The Average Daily Balance is one of the three most common methods that credit card issuers use to calculate the amount of interest charged on a credit card balance. (americu.org)
Many people choose to only put small charges on their credit card in order to easily make all the payments. (mortgagebrokerstore.com)
Your APR is the interest rate charged on credit card balances expressed in a standardized, annualized way. (creditcards.com)