The short answer is no, the Wells Fargo Reflect® Card does not have deferred interest. However, it does come with an 0% introductory annual percentage rate for 21 months on purchases and balance ...
Think twice before you get tempted by retailers offering a deferred interest credit card. Deferred interest is very tempting during the holiday shopping season. Shoppers can be lured into spending on ...
With deferred interest offers, interest begins accruing immediately from the original purchase date, and if the balance is not paid in full by the end of the promotion period, the consumer is ...
With the holiday season upon us, one personal finance site is sounding the alarm on a ubiquitous retail payment plan that many Americans say should be outlawed. It’s called “deferred interest." In a ...
Credit card offers from retailers are a tempting proposition, especially around the holiday season. It sounds appealing to make a large purchase of electronics, jewelry or appliances on a card, ...
The Federal Reserve hasn’t raised interest rates since the summer of 2023. But America’s retailers apparently didn’t get the memo. The average interest rate on store credit cards reached 30.45% this ...