What is "APR"?

I want to had a credit card for the very first time, so i have no credit history. How can i apply for the credit card and get it? Please also tell me about "what is APR"?


The term APR means Annual Percentage Rate. It is the amount of interest paid by you on your credit card, higher the APR, higher will be the interest you have to pay. Try to get a credit card with lowest APR and best suited to your spendings. I suggest you to go with the credit card by Orchard Bank. For getting more info about credit card read the fine print carefully. All the best.


As i know you have to open a checking account first and then apply for the credit card and try to increase your credit score. Be careful while reading the smallprint. And if you are a student then go with the student credit card. It will be much better for you as you have no credit history.


Most of the credit cards have high interest rates with some additional charges as compared to the standard ones. So, choose a secured credit card with lowest APR and less charges. But be honest about your payments in time and build up your credit history, it will help you later. Better will be having a debit card rather than a credit card, as it sometimes seems to be tough to pay in time. APR is 'Annual Percentage Rate'. It will change month to month as you spend less or more.


American Express Blue Credit Card is a better option for you. It will payback your cash on some specific purchases. It is safe, secure and reliable fro doing online transactions. Some people thought that this credit card is only for very rich people, But its a myth. It will help you lot. Good Luck for your future!