what is debit interest in credit card

Debit interest on a credit card refers to the interest charged when the cardholder carries a balance on their card from month to month. In other words, if you dont pay off your credit card balance in full each month, the credit card company charges interest on your unpaid balance and adds that charge to your balance. This interest can accumulate quickly and add up to a significant amount over time, particularly if the cardholder only makes the minimum payment each month. The interest rate charged for the amount carried over to the next month of the billing cycle is called the debit interest rate. To avoid incurring interest charges, it is generally recommended that cardholders pay off their balance in full each month.