What is a fixed APR credit card?

Fixed APR credit cards carry a fixed interest rate that typically lasts for an extended period of time but may not last as long as you use the credit card.  For example, if you transfer a balance to a credit card with a fixed APR on balance transfers of 10%, the APR for this balance will typically stay at this 10% level until the credit card balance is paid in full, but for future transactions the credit card company has the right to raise the credit card interest rate if proper notice is given.

In summary, a fixed APR on a particular balance lasts for the life of that balance.  This differs from a variable credit card APR, which can change over time.  Some credit cards offer a fixed APR on only purchases, some offer a fixed APR on only balance transfers and some offer a fixed APR on both purchases and credit card balance transfers.  So it is possible to have, for example, a credit card with a fixed APR on balance transfers but a variable APR on purchases.

Some people choose a fixed credit card APR to ease the burden of constantly switching balances from one card to another once low introductory APRs disappear and higher APRs take over.

Every credit card is a bit different and promotional offers often change, so be sure to thoroughly look over the terms and conditions for each specific card before selecting the best credit card and applying for that new credit card.