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What is APR?

Discover what APR actually means with our handy video guide.

Reena Sewraz

Last updated: Jan 2019

In this article

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You'll see the abbreviation 'APR' used in adverts for credit cards, loans and mortgages.

In this two-minute video, Which? explains what APR stands for and how it's different from a standard interest rate.

The video also explains why some credit card customers are offered a higher or lower APR than others.

Get top money-saving tips from Which?

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Use our handy calculators to see how to manage your credit cards costs.

Cashback reward calculator Balance transfer calculator Credit card repayment calculator

All 3 calculators

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