This is a question that many people ask when they are considering getting a new credit card. The answer to this question is that it depends on the credit card issuer and the type of credit card you get. Some credit card issuers offer both kinds of APRs, while others only offer one or the other. The main difference between fixed and variable APRs is that a fixed APR will not change over time, while a variable APR can change based on changes in the market. If you have a fixed APR, you will know exactly how much interest you will pay on your monthly balance. This can make budgeting more accessible, as you will not have to worry about your interest rate going up unexpectedly. However, if rates in the market go down, you will not be able to take advantage of the lower rates with a fixed APR. A variable APR may start out lower than a fixed APR, but it could increase over time if market rates go up. This means that your monthly payments could also increase if your APR increases. However, if rates in the market go down, you would be able to take advantage of the lower rates with a variable APR. Ultimately, it is up to you to decide whether a fixed or variable APR is best for you. Consider your financial situation and needs when making this decision.