Calculating credit card interest can be complicated. Luckily, we have Credit Card Nerd Sally French here to help you calculate that, along with sharing the factors that go into figuring out what your credit card interest rate is.

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Credit Card Interest Calculator: https://www.nerdwallet.com/article/credit-cards/credit-card-interest-calculator?utm_source=yt&utm_medium=sc&utm_campaign=ba_mktg_organic_061624_social_cm_yt_vertical_promotionalexplainer_ccinterest-calculator
How to Stop Wasting Your Money on Credit Card Interest: https://www.nerdwallet.com/article/credit-cards/stop-wasting-money-on-credit-card-interest

Chapters:
0:00 – Introduction
1:26 – Step 1: Average daily balance
2:33 – Step 2: Interest rate
3:15 – Step 3: Days in billing cycle
3:28 – Step 4: Multiple average daily balances per daily rate, then multiply by the number of days in the billing period
3:44 – How to pay less credit card interest

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4 steps to calculate credit card interest | NerdWallet
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