If you know that you will be paying the monthly balance in full every month, you most likely want to find a card that has no annual fee, and offers a longer grace period. However, if you most likely will be carrying a balance, you probably would prefer a card with a lower interest rate. The interest rate of a credit card is referred to as the APR (Annual Percentage Rate). Credit cards can advertise monthly interest rates, but they must include the annual percentage rate before you sign with the credit card company. If you will be using your card frequently for cash advances, you will want to look for a card with a low APR, and low fees for cash advances. Make sure you pay close attention because most cards charge a higher APR for cash advances than for purchases." Which of the following questions can be answered by the passage? a. What is the APR on my credit card? c. What does APR stand for? b. Should I switch to a less expensive credit card? d. What kind of credit card does my bank offer?