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Showing posts from March, 2023

How Much Electric Car Charging Cost

The cost of charging an electric car varies depending on several factors, including the cost of electricity in your area, the size of your car's battery, the charging speed, and the time of day. On average, it costs about $0.12 to $0.20 per kWh to charge an electric car in the United States. For example, if you have a 60 kWh battery and pay $0.15 per kWh, it will cost you $9 to fully charge your car. The cost of charging your car may also vary depending on where you charge it. Charging at home using a Level 2 charger is typically less expensive than charging at a public charging station. Some public charging stations may also charge a higher rate during peak hours, so it's important to be aware of the time of day and the charging fees before you plug in. Overall, electric car charging costs are generally less expensive than filling up a gasoline-powered car, especially if you can charge your car at home during off-peak hours when electricity rates are lower.  Visit How Much Ele...

How Credit Card Companies Make Money

Credit card companies make money in a variety of ways, including: Interest on outstanding balances: Credit card companies charge interest on balances that are carried over from month to month. This interest is typically the largest source of revenue for credit card companies. Annual fees: Some credit cards charge an annual fee, which can range from a few dollars to hundreds of dollars, depending on the card. Foreign transaction fees: Credit card companies often charge a fee when a card is used to make a purchase in a foreign currency. Late fees: If a credit card payment is not made on time, the cardholder may be charged a late fee. Balance transfer fees: When a cardholder transfers a balance from one card to another, the credit card company may charge a fee for this service. Cash advance fees: Credit card companies often charge a fee when a cardholder uses the card to get a cash advance. Interchange fees: When a credit card is used to make a purchase, the merchant is charged a fee by t...