Government of Canada Lowers Small Business Credit Card Fees

1 Comment
  1. Ross

    Kirin, that UK card’s interest rate is not 77%.
    It’s 27% the same as many Canadian cards.
    It also has a £20 monthly fee, £240/year.

    The silly 77% number comes from advertising regulations that require the inclusion of the AF in the APR calculation. Combine that with low example balance owing of £1200 and get a nonsense APR of 77%

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