Assertion: credit card's interest rate | /r/HasProperty | high
Facets:
value: quite
type: DEGREE
value: notoriously
type: DEGREE
value: typically
type: DEGREE
Source sentences:
text: Interest rates on credit cards can be notoriously high; they are a chief way credit card companies make money.
text: Credit cards have high-interest rates, and your credit card balance and payment history can affect your credit score.﻿﻿
text: For the most part, a credit card isn’t your best bet for financing a purchase, since interest rates are typically high.
text: The interest rate on the card is high and you need to carry a balance
text: Interest rates on business credit cards are high compared with the rates of some other forms of financing, such as personal loans from a traditional bank.
text: However, interest rates on credit cards tend to be quite high, so card issuers intentionally make the minimum payment low (1% of the balance due is not uncommon) to incentivize people to make the minimum payment to avoid getting a late hit on their credit report but to maximize the balance on which they can charge interest.
text: They tend to have low credit limits and high interest rates, but they're a viable credit-building tool provided you keep your balances low relative to the limit and pay them off each month.
text: Traditional unsecured credit cards are very profitable for banks because they have high interest rates that can be charged on big balances on high credit limit cards.