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A rate card, also known as a rate sheet, is a structured table or list that sets out the different list prices that apply to a range of services provided to enable the buyer to compare the options available. It is typically the standard published rates and therefore the maximum price a buyer will be expected to pay.
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The rate contract can also be established for a year or for multiple-years. The level of the rate contract agreed depends on: The level of standardization of the input; The predictability of procurement spend; The nature of the supplier market; The pricing power of the procurer as against the supplier.
Amid surging credit card interest rates and rising delinquencies, a bill with bipartisan support would cap rates at 10%, about half the current average, for five years. The legislation would ...
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For example, a premium credit card that offers rewards generally will have a higher interchange rate than do standard cards. [13] Transactions made with credit cards generally have higher rates than those with signature debit cards, whose rates are in turn typically higher than PIN debit card transactions.
The average interest rate on credit cards is currently over 20%, with some cards charging as much as 36% APR, said Ted Rossman, a senior industry analyst at Bankrate.