Understanding Interest Rates on the American Eagle Card

Graph illustrating the fluctuation of credit card interest rates

Intro

Navigating the world of credit card interest rates can often feel like wandering through a maze with no clear exit. The American Eagle Credit Card is no exception. Understanding how interest rates work, along with their broader implications, is crucial for anyone who plans to wield this financial tool effectively.

In this article, we will break down the intricacies of interest rates related to the American Eagle Credit Card. We’ll delve into factors that affect these rates, explore how they stack up against industry standards, and discuss what unique features this card brings to the table. Also, we’ll touch on vital strategies to manage credit card debt, helping you make smarter financial decisions along the way.

From the novice who’s just stepping into the realm of credit to the seasoned investor seeking to optimize their financial portfolio, this guide aims to be a valuable resource.

So, let’s get started and shine a light on these often-misunderstood financial terms.

Preface to American Eagle Credit Card

In the realm of personal finance, navigating the myriad of credit card options is no small feat. Among these, the American Eagle Credit Card stands out, not just for its appealing branding, but for various elements that might draw a consumer's eye. This introduction will dive into its significant features, making clear why one might want to consider this card.

The American Eagle Credit Card is designed for individuals who appreciate fashion and desire a blend of practicality with a touch of style. The card provides not only a line of credit but also access to exclusive rewards, discounts, and other perks that can add real value to shopping experiences. In a world where saving a few bucks can feel like striking gold, having a credit card that serves these needs is essential.

Overview of the Card

The American Eagle Credit Card can be seen as a stylish but functional asset in one's financial toolbox. It's important to note that this card operates within the fabric of American Eagle's retail space, often appealing to their loyal customers.

Key Features:
Exclusive Promotions: Holders often receive invites to private sales and promotional events, enhancing their shopping journey.

Reward System: Cardholders may earn points on every purchase, which can be redeemed for discounts on future transactions.
Flexible Payments: Depending on one’s financial habits, it offers various repayment options to suit different lifestyles.

These features make the American Eagle Credit Card not just a credit line but a gateway to those looking to save while indulging in retail therapy.

Target Audience for the Card

The American Eagle Credit Card primarily attracts a youthful demographic. Students, young professionals, and fashion enthusiasts often find themselves drawn to its offerings. However, the appeal extends beyond just an age demographic.

Who Should Consider This Card?

Individuals who shop regularly at American Eagle and wish to capitalize on reward points.
Consumers aiming to build or improve their credit history by making consistent, manageable purchases.
Those looking for a way to save, especially on seasonal sales and promotions.

In essence, the card serves as more than a financial tool; it reflects the lifestyle choices and value systems of its user base. It’s about aligning one's credit options with personal spending habits and brand loyalty. Understanding the full scope of the American Eagle Credit Card goes beyond the surface—it involves recognizing who stands to benefit and how they can leverage its features to meet financial goals.

Interest Rate Overview

Understanding the interest rate is pivotal when it comes to managing credit cards effectively. The American Eagle Credit Card, like many others, comes with its own set of rates that can vary significantly based on numerous factors. Knowing how these numbers work can mean the difference between accruing costly debts or managing your finances prudently.

Definition of Interest Rate

When we talk about an interest rate, we are essentially referring to the cost of borrowing money, expressed as a percentage of the amount borrowed. In credit card terms, it’s the annual rate charged on your outstanding balance. For instance, if you carry a balance of $1,000 with an interest rate of 20%, you can expect to pay $200 in interest over the year if you don’t make any payments (and assuming the rate remains constant).

The key takeaway here is that the interest rate determines how much extra you’ll have to pay over time, beyond just the principal amount you owe. If you think about it, it’s like adding a bit of seasoning to a dish; it can enhance the flavor (in this case, your credit card usage) but can also overwhelm if you’re not careful.

Importance of Interest Rate in Credit Cards

The interest rate is crucial for several reasons. Firstly, it directly affects your monthly payment amount when you don’t clear your balance in full each month. Higher rates can lead to larger payments down the line, which can strain your budget and impact your financial planning. Here are some additional facets to think about:

Debt Accumulation: A higher interest rate can lead to a snowball effect where the amount owed can grow quickly, creating a cycle that’s tough to escape.
Financial Flexibility: Understanding how interest rates work can provide insights into how and when to use your card without falling into financial traps. Being aware of your card's rate can lead you to strategize better payment plans.
Promotional Offers: Sometimes, credit cards offer introductory rates that are notably lower. Recognizing these offers can potentially save you a fair chunk of money, especially if you plan on making larger purchases.

"When it comes to credit, knowledge is power. Understanding interest rates provides a pathway to better financial decisions."

Current Interest Rate on American Eagle Credit Card

Understanding the current interest rate on the American Eagle Credit Card is crucial for anyone considering utilizing this financial product. It directly affects not only the cost of borrowing but also influences how one manages their balance, spends, and ultimately utilizes the rewards associated with the card. By diving into the specifics of current interest rates, potential cardholders can make informed decisions that align with their financial goals.

Standard Interest Rate

The standard interest rate on the American Eagle Credit Card typically serves as the baseline for cardholders' borrowing costs. This rate can significantly vary based on the applicant's creditworthiness. Generally, it hovers around the average range seen in the industry for similar credit cards. However, it’s important to pay attention to the seamless variation in APR, which can have a pronounced impact on the total amount one pays over time.

Infographic detailing factors influencing credit card interest rates

For instance, if the standard APR is set at a rate of 18.24%, one might be tempted to brush it off as routine. Yet, assuming an average monthly balance of a few hundred dollars, this can spiral into paying substantial amounts in interest if not managed strictly.

Remember: The impact of the standard interest rate compounds. If you're not cautious, it can turn a manageable balance into a debt mountain before you know it.

Variable Rates Explained

Variable interest rates, on the other hand, open a can of worms that can pose both opportunities and challenges for cardholders. These rates are tied to benchmark rates, meaning they can fluctuate based on broader economic indicators, such as the Federal Reserve’s decisions regarding interest rates or shifts in the market. The implications of variable rates are profound; they mean that your costs could rise or fall depending on external factors.

For many, the advantage of a lower initial rate can be attractive. However, as the economy shifts, so does the card’s cost structure. If one secures a rate of 15% now, there is always the chance of it rising in the future. In essence, while variable rates can provide short-term savings, they require a keen eye on market trends and a strategic approach to debt management.

Key Takeaways on Variable Rates:

They may start lower but can increase significantly.
Cardholders should monitor economic indicators.
Risk management is essential to avoid surprise increases in payments.

In summary, the current interest rates on the American Eagle Credit Card, both standard and variable, play pivotal roles for consumers navigating their financial landscapes. Grasping these concepts aids in making informed decisions that align personal strategies with overall financial wellness.

Comparison with Industry Standards

When assessing the American Eagle Credit Card, it's crucial to place its interest rates in context with the broader credit card landscape. This comparative analysis serves to highlight the competitive nature of the card, its strengths and weaknesses, and how it measures up against typical market expectations. Understanding where this card stands can be the difference between a savvy choice and a costly one.

The term industry standards refers not only to the average interest rates charged by credit cards but also encompasses the fees, rewards, and overall terms that accompany various credit products. By evaluating these elements, consumers can make informed decisions tailored to their financial situations whether they're just starting out on their credit journey or are seasoned cardholders.

Average Credit Card Interest Rates

As of 2023, the average interest rate across various credit cards hovers around 20% APR, though it can range anywhere from 15% to over 25%, depending on an individual's credit score and other factors. Given this, the American Eagle Credit Card's current rates should be analyzed against this benchmark.

Here are some key points regarding average credit card interest rates:

Market Variability: Rates fluctuate depending on economic conditions and central bank policies.
Creditworthiness: Better credit scores generally command lower rates, making it essential for applicants to comprehend how their financial history influences potential APRs.
Generous Offers: Some credit cards, especially those catering to specific demographics like students or loyal customers, might offer introductory lower rates, which can skew average calculations.

In a nutshell, knowing the average rates can help cardholders weigh whether the American Eagle Credit Card offers attractive terms or requires a second look.

Competitive Analysis with Similar Cards

When placing the American Eagle Credit Card beside similar cards available in the market, several factors come into play beyond just the interest rate. Two primary competitors typically come from retail and lifestyle brands, often carrying features attractive to frequent shoppers.

Key cards for comparison might include:

Gap Credit Card: Targets budget-conscious consumers, often offering a similar rewards structure but with distinct promotional periods.
Lowe's Advantage Card: Like the American Eagle card, focuses on savings through promotional financing options, often appealing to home improvement enthusiasts.

In terms of interest rate, these cards often feature:

Flat Rate APR: Many retail cards offer flat rates, providing clarity on potential costs, while the American Eagle might have variable APRs.
Reward Structures: Some cards may offer different reward points or cash back options that could outweigh higher interest in the long run if used strategically.
Annual Fees: Competitors might charge an annual fee, making it essential to evaluate whether the American Eagle Credit Card, with potential fee waivers, can stand favorably in the equation.

A smart choice demands looking beyond the surface. One must assess how the rewards and benefits can mitigate interest payments. Always consider the long-term financial footprint rather than getting caught up in the excitement of rewards or promotional rates alone.

Understanding where your credit card stands against others can save you money and help you maximize the benefits you receive from your chosen card.

Factors Influencing Interest Rates

Understanding the factors influencing interest rates on the American Eagle Credit Card is vital for anyone looking to maximize their financial health. Interest rates affect how much consumers ultimately pay when carrying a balance, and they can vary widely depending on individual circumstances and broader economic trends. This section will explore two core aspects: creditworthiness and market dynamics.

Creditworthiness and Its Impact

Creditworthiness is often the first checkpoint lenders look at when determining interest rates. It involves a thorough analysis of an individual's credit history, current financial situation, and other criteria that display their ability to repay debts. Simply put, if your credit score shines bright, you might find yourself enjoying lower interest rates on your American Eagle Credit Card.

Credit Score: A higher credit score often leads to a lower interest rate. It's like walking into a store and getting discounts based on your loyalty. If your score is less than stellar, don't be surprised if you see a higher rate that can add to your expenses.
Payment History: Consistent, timely payments can enhance your score over time. If you’ve missed payments in the past, that can ding your chances of securing a better rate in the future.
Debt-to-Income Ratio: Lenders often look at how much you earn compared to your outstanding debts. A more favorable ratio signals to lenders that you can manage additional credit without struggle.

Ultimately, a higher creditworthiness equates to less risk for lenders, which can translate to better terms, including lower interest rates. Think of it as a relationship; the better your connection with your financial institution, the better the deals you receive.

Market Trends and Economic Conditions

The broader economic landscape plays a significant role in determining interest rates. Market trends often bounce around based on inflation, Federal Reserve policies, and overall economic growth. The connection between these elements and your credit card rates is quite direct:

Comparison chart of American Eagle Credit Card interest rates with industry standards

Inflation Rates: When inflation rises, purchasing power decreases, which causes lenders to increase interest rates to maintain profit margins. If the cost of living is skyrocketing, expect your interest rates to follow suit.
Federal Reserve Rates: The Fed's decisions impact interest rates throughout the banking system, including credit cards. If the Fed opts to raise rates to control inflation, your American Eagle Credit Card interest rate might go up as lenders adjust accordingly.
Economic Growth: In times of robust growth, consumers tend to spend more, prompting finance companies to raise rates in anticipation of increased risk from borrowers. On the flip side, during downturns, lenders might lower rates to attract new business.

Remember: Interest rates are not solely dictated by individual circumstances. They are a product of both personal financial health and broader economic conditions.

By grasping these influential factors, consumers can better understand their personal interest rates and make informed decisions regarding their credit card management.

Understanding APR

Understanding the Annual Percentage Rate (APR) is crucial for anyone considering the American Eagle Credit Card. APR represents not just the interest rate on the card but also includes other costs and fees associated with borrowing. This figure provides a comprehensive view of what one can expect to pay in interest over the year, making it easier for cardholders to manage their finances.

In the context of credit cards, APR can change based on several factors, including the cardholder's credit history, payment behavior, and market conditions. These factors can significantly impact the cardholder's overall cost when using credit. Thus, a clear understanding of APR helps consumers navigate their repayment strategies effectively and align their financial goals with their credit usage.

What is Annual Percentage Rate (APR)?

The Annual Percentage Rate (APR) is a standardized method of expressing the total cost of borrowing annually. It reflects interest and any additional fees to give a clearer picture of how much a loan or credit card will actually cost over time. For the American Eagle Credit Card, the APR is expressed as a percentage, and it typically varies based on individual creditworthiness.

For instance, if the APR is set at 18%, this means if a cardholder were to carry a balance of $1,000 for a year without making any payments, they could expect to pay approximately $180 in interest at the end of the year. Nevertheless, this is a simplified calculation and doesn't account for fees or compounding interest, which can increase the total cost.

How APR Affects Overall Costs

The APR on a credit card can drastically influence overall costs, and understanding this relationship is vital for any cardholder. Higher APRs lead to greater interest charges on balances carried from month to month. Conversely, lower APRs allow for more manageable repayment plans. Here are some points to consider:

Balance Carrying: Keeping a balance on your card can trigger significant interest accrual if the APR is high, resulting in more money spent on interest over time.
Payment Strategies: The APR can inform strategies for payments. If a cardholder knows they have a high interest rate, they might prioritize paying off that balance sooner rather than later to minimize costs.
Debt Management: When evaluating potential debt repayment strategies, understanding how APR affects the total outstanding debt can be a game changer. It makes one aware of the potential savings that can be achieved by paying off balances quickly.

Overall, knowing your APR is like having a compass when navigating the waters of credit management. It keeps you informed and prepared, steering you clear of costly missteps.

In essence, grasping the concept of APR not only augments your financial literacy but empowers you to approach credit card decisions with a strategic mindset. Avoid being caught off guard by lurking costs that come with the territory.

Managing Interest Rates Effectively

Managing the interest rates on your American Eagle Credit Card is crucial. Often, vigorous changes in rates can rattle even seasoned users. Knowing how to navigate these waters is like having a map in uncharted territories. An effective strategy in managing interest payments can save not only dollars but also mental stress in tracking how much you owe month-to-month.

Being in control of interest rates means you make the rules to some extent. This isn’t just about paying your bill on time; it’s about strategizing for the future and knowing how your decisions affect what you pay. Beyond merely lowering payments, it’s essential to equip yourself with knowledge about the implications of interest rates to shape your overall financial health. With the American Eagle Credit Card, structures and nuances may affect your final charges, so having a well-rounded grasp makes all the difference.

Strategies for Lowering Interest Payments

Lowering interest payments might seem like trying to squeeze water from a stone, but achievable strategies can be employed. Here are potential avenues to explore:

Pay More Than the Minimum: Paying only the minimum amount may keep your account in good standing, but it will cost you in interest over time. Whenever possible, sprinkle in extra payments; even a small push can drastically reduce the final interest charged.
Look for Promotional Rates: Check for any limited-time offers, especially if you are in a position to transfer a balance or need to carry a larger amount for a while. These low or zero percent deals can create a cushioning effect.
Review Your Statement Regularly: Just because your rates aren’t changing doesn’t mean your spending habits shouldn’t. Regularly scrutinizing statements can highlight unnecessary costs, which can lead to shifting focus away from extravagancies toward reducing debt instead.
Establish an Emergency Fund: Having savings could be key. If unexpected expenses crop up, you won’t have to put those on credit, which can keep the interest from creeping up.
Utilize Automatic Payments: Setting up auto-payments can ensure you never miss a payment. Late fees can easily escalate, and they often compound on your interest, leaving you in a tighter spot.

When to Consider Balance Transfers

Balance transfers can be like a fresh start, but they require the right timing and circumstances to be truly beneficial. Here’s when considering a balance transfer might be wise:

High Existing Interest Rates: If the interest on the current balance is climbing higher than a kite, consider transferring to a different card with a lower rate. Many cards offer promotional periods that can ease your financial strain.
Multiple Cards with Balances: If you find yourself juggling multiple cards, consolidating them into a single card with a lower rate might create mental ease and financial clarity.
Planning to Pay Off the Balance Quickly: If you have a solid game plan and can pay off the transferred balance before the promotional rate expires, it can save you not only interest but also a headache later.
Credit Score Impact: If your score has improved, and you’re eligible for cards with better rates, it may be time to explore balance transfers. But be cautious—applying for multiple new cards can ding your credit score if done hastily.

"Interest rates can feel like the rising tide; learn to navigate them, or you might find yourself in deep waters."

Card Benefits Beyond Interest Rates

While the interest rate on credit cards often takes center stage, it's imperative not to overlook the other enticing perks an American Eagle Credit Card can offer. Understanding these benefits goes beyond mere financial calculations; it involves grasping how these rewards can enhance your overall experience and consumer value. Not all credit cards are created equal, and knowing what additional gems lie beneath the surface can help cardholders navigate their choice more effectively.

Reward Programs and Their Value

The American Eagle Credit Card presents several rewards through its loyalty program that directly benefits cardholders. It often features a percentage of cash back or rewards points per dollar spent, particularly on purchases made at American Eagle stores. You can think of it as a little cherry on top of every shopping spree.

Point Accumulation: For every dollar spent at participating stores, cardholders typically earn points. These points can add up quickly, especially for those who fancy frequent shopping.
Birthday Bonuses: Many cards in this range offer additional points during the holder’s birthday month, a delightful surprise that brings more value to existing rewards.
Tiered Rewards: Some programs have tier levels, increasing the rewards once you hit specific spending thresholds. This way, more significant spenders can enjoy even greater benefits, leading to a more lucrative experience.
Redemption Options: The flexibility of redeeming points for future purchases or rewards often surprises many cardholders. Whether it’s for discounts on products or e-gift cards, having options adds a layer of excitement to the typical transaction.

As you can see, the reward programs can offer tangible savings for frequent shoppers, creating an environment where the credit card pays for itself through responsible usage.

Exclusive Discounts and Promotions

Visual guide for effective credit card debt management strategies

The allure of the American Eagle Credit Card doesn’t end with rewards. It frequently offers exclusive discounts and promotions for cardholders, which can be a game changer for those who love to shop. Having direct access to special deals can effectively lower costs and increase satisfaction.

Early Access to Sales: Cardholders may enjoy early access to seasonal sales, allowing them to scoop up items before they fly off the shelves.
Flash Sales: Some promotions may include flash sales exclusively for cardholders, featuring significant discounts that can entice even the most frugal shoppers.
In-store and Online Offers: Discounts might be available both in-store and online, giving cardholders the flexibility to shop their way. Whether one prefers the tangible experience of an in-store visit or the ease of online shopping, exclusive discounts cater to both styles.

"The right credit card is not just about interest rates; it's a savvy shopper's tool for added value, turning ordinary purchases into rewarding experiences."

In summary, while interest rates are no doubt a critical aspect of managing your credit card, the American Eagle Credit Card can also bring a variety of benefits that enhance your spending power. By understanding and leveraging reward programs, discounts, and promotions, cardholders can maximize their financial choices, making the credit card not just a means of borrowing money but an instrument of value.

Challenges of the American Eagle Credit Card

Understanding the challenges associated with the American Eagle Credit Card is critical for potential cardholders. Each financial product brings its ups and downs, and being aware of these can set the stage for smart financial decisions. Particularly, potential fees and eligibility requirements may significantly affect the overall experience of using the card.

Potential Fees and Hidden Costs

When it comes to credit cards, fees can often sneak up on users, like an unwanted houseguest. It's important to familiarize yourself with what you might owe if you’re not careful. The American Eagle Credit Card might come with certain fees that aren’t always clear at first glance. Here are some common charges you should look out for:

Annual Fees: Some cards require an annual fee, which can eat into any rewards you might earn. The American Eagle Credit Card might have this fee, so it’s worth checking.
Late Payment Fees: Missing a payment deadline can trigger a late fee, often hefty enough to raise eyebrows.
Foreign Transaction Fees: If you plan to use the card abroad, be aware that foreign transaction fees can make your purchases more expensive than anticipated.

These fees can sometimes feel like hidden traps, so reading the fine print before applying is a wise approach. If you find yourself frantically searching for answers after the fact, it can leave a sour taste and tarnish the experience of having the card.

Eligibility Requirements and Restrictions

Before you get too excited about the American Eagle Credit Card, you must know that there are gates to pass through. Eligibility requirements can be rigorous and may vary based on several factors. Here’s what you might need to consider:

Credit Score: Typically, lenders favor individuals with good credit scores. A lower score could hinder your chances of getting approved.
Income Verification: Many credit cards require proof of income to ensure you can responsibly manage the credit line.
Age and Residency: Applicants usually need to be at least 18 years old and a U.S. citizen or permanent resident.

The restrictions can feel like hurdles, especially if you’re just starting your financial journey. Understanding these eligibility requirements allows prospective cardholders to prepare accordingly, boosting their chances of a successful application.

"Before applying for the American Eagle Credit Card, ensure you fully understand potential fees and eligibility hurdles. Information is power, especially in the world of finances."

Consumer Considerations

Understanding consumer considerations is essential when navigating the landscape of credit cards, particularly the American Eagle Credit Card. This segment of the article sheds light on the various elements that potential users ought to weigh before making their decision, ensuring that they align their credit usage with their financial goals.

Evaluating Personal Financial Goals

When it comes to credit cards, it’s not a one-size-fits-all approach. Everyone’s financial situation is unique, and that’s why evaluating personal financial goals is paramount. One individual might desire to build credit, while another is looking to maximize rewards on purchases.

Short-Term vs Long-Term Objectives: Are you looking to borrow a small amount for a quick purchase, or are you planning for larger financial commitments down the line? Understanding your goals can help determine whether the American Eagle Credit Card offers the right benefits.
Budgeting: Before diving into usage, take a crystal-clear look at your budget. Ask yourself if you can pay off balances in full each month or if you intend to carry a balance. This directly ties into how interest rates might affect your overall financial health.
Focusing on Priorities: For some, the ability to earn rewards on clothing purchases may be more appealing than a low-interest rate. However, if you know you’ll carry a balance, the interest rate might take precedence.

Assessing Overall Value of the Card

Once the financial goals are clear, the next logical step is to assess the overall value of the American Eagle Credit Card. This isn’t just about the interest rate; it’s about the complete package offered.

Rewards Structure: The card typically features a rewards program. Look at how rewards are earned and whether they align with your shopping habits. If you're a regular at American Eagle, the card could deliver substantial perks.
Fees and Charges: Take into account any annual fees, late fees, or foreign transaction fees that could erode the benefits of using the card. It's vital to have clarity here; otherwise, hidden costs can turn a good deal into a costly one rapidly.
Long-Term Benefits vs Immediate Gains: A promotional offer might entice you, but how does it play into your long-term use of the card? Evaluating this ensures you don’t just jump on hot deals without thinking through their implications.

Remember, aligning the card's benefits with your financial strategy can mean the difference between a triumphant credit journey and one fraught with pitfalls.

Closure

In wrapping up this analysis on the American Eagle Credit Card's interest rate, it becomes evident that understanding how these rates operate is crucial for making informed financial choices. The nuances of credit card interest rates aren’t just numbers on a statement; they can tangibly affect your monthly budget and overall financial health. Thus, having a good grasp on these figures allows cardholders to navigate their financial landscape more effectively.

Summary of Key Findings

Throughout this article, we have explored several critical aspects regarding the American Eagle Credit Card:

Current Interest Rate: We noted that the interest rate can fluctuate based on a user’s creditworthiness and external economic conditions, which situates it amongst the variable rates in the market.
Impact of APR: Understanding the annual percentage rate is pivotal, as it dictates the overall cost of borrowing and can significantly alter one’s debt repayment strategy.
Industry Comparison: When comparing the card to industry standards, it is apparent that while American Eagle’s rates are competitive, due diligence is still necessary to ensure they align with individual financial goals and market conditions.
Effective Management: Strategies for managing interest rates were highlighted, including potential avenues for reducing interest expenses through balance transfers, which can be beneficial depending on one’s payment history and credit score.

Bringing these elements together, one sees how the interest rate can influence not only immediate credit card costs but also long-term financial planning. Paying attention to these rates is a smart financial move.

Final Thoughts on the American Eagle Credit Card

Ultimately, the American Eagle Credit Card caters well to a specific demographic that values both credit accessibility and rewards for shopping. While its interest rates might vary, the card does offer perks that can outweigh these costs if managed properly. Potential users should weigh their spending habits against the card’s benefits and interest rates.

While it's enticing to rack up rewards points, knowing when and how to use credit is parmount. A savvy cardholder will leverage the card’s strengths while remaining fully aware of its costs, ensuring that credit remains a tool for financial growth rather than a burden.

Fundamental takeaway: The key to maximizing any credit card lies in understanding its costs and benefits, which can lead to smarter spending choices.

As one navigates the credit landscape, keeping abreast of current rates, consumer benefits, and potential pitfalls becomes not just useful, but essential. This insight can turn what seems like a simple card into a powerful asset in one’s financial arsenal.

More Amazing Stuff:

Understanding Interest Rates on the American Eagle Card

Intro