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Default APR

Default APR is the interest rate charged to cardholders who default on some term of their credit agreement, such as missing payments or exceeding credit limits. These interest rates can be astronomical, currently as high as prime +25.99%. Credit cards who have widened their definition of "default" to "universal default" may even charge higher interest rates when you default with another creditor.

Previous Credit Card Term: Default

Next Credit Card Term: Deposit

* See the online credit card application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However all credit card information is presented without warranty. When you click on the "Apply Here" button, you can review the credit card terms and conditions on issuers website.