Glossary term
Daily Rate
The daily rate is the per-day interest charge, derived by dividing the annual rate by 365, applied to outstanding balances for daily compounding.
Related terms
- Daily Spend Limit
A daily spending limit on the card.
Glossary term
The daily rate is the per-day interest charge, derived by dividing the annual rate by 365, applied to outstanding balances for daily compounding.
A daily spending limit on the card.
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