What does Typical 12.9% APR Variable mean?

A credit card company is offering-

0% p.a. on purchases for 6 months *

0% p.a. on balance transfers for 9 months (a 2.5% fee applies)**

Typical 12.9% APR Variable

What does it mean? What is balance transfers? If i pay off my bills every month r they gonna charge me any fees? R they gonna charge me on purchases after 6 months?

What does Typical 12.9% APR Variable mean?small business loans

12.9% typical means that this is probably the figure they offer to customers who meet all their criteria as borrowers. The rate may be higher for those who do not fully meet those criteria. 12.9% may be the starting rate but variable means that it may go up or down later. If you transfer a debt from another card to your new card, that is a balance transfer. It would cost you 2.5% of the balance to transfer it but then that amount if left unpaid would not attract interest for 9 months. APR is the rate which would be charged on a constant balance which remained outstanding for just 12 months.

What does Typical 12.9% APR Variable mean? loan

Variable APR means that the APR may change according to economic variables such as the Prime Rate or the LIBOR Rate. Most US credit cards are linked to either the Prime Rate or the LIBOR Rate. For example, suppose the Prime rate is 9% and you see a card that is offering a variable APR of 16% based on the Prime rate. The APR in this case is basically calculated as the prime rate plus 8% (9% + 8% = 16%). If the Prime rate will go up to 11% the APR on the account would go up to 19% (11% + 8% = 19%).|||No charges for goods whilst in credit 4 six months, same 4 balance transfers 4 9 months, but they charge 2.5%

apr Annual Percentage Rate of 12.9, over 12 months they charge 12.9%

balance transfer, moving your money/debt from one account to another