Commissions do not affect our editors' opinions or evaluations. Forbes Advisor’s weekly credit card rates report indicates that the current average credit card interest rate is 28.72%.

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 ...

With the federal funds rate still high, expect credit card APRs to stay elevated too. Work on paying down your credit card debt. At its first meeting of the year, the Federal Reserve voted to ...

A no-frills credit card, the USAA® Rate Advantage Visa Platinum® Card does not earn rewards but offers a low starting interest rate instead. The most creditworthy card applicants can qualify for ...

The average credit card interest rate is 22.80%, according to November 2024 Federal Reserve data — a significant jump from the average 16.98% rate in 2019. However, the current credit card ...

Interest rates are a key feature of many credit cards and play a big part in the potential fees you may be charged for carrying a balance. If you already carry a balance on your credit card ...

Senators Bernie Sanders and Josh Hawley say they will propose a 10 percent limit on credit card interest rates. By Rob Copeland Finance reporter Two senators plan to introduce a bill on Tuesday to ...

If you have a credit card with a high interest rate, or APR, you may be wondering if it's worth holding onto. And you have a valid point. Interest rate fees can add up quickly on credit cards and ...

These free online tools let you skip the setup and start tracking your money right away. Many, or all, of the products featured on this page are from our advertising partners who compensate us ...

When you apply for a credit card, you'll be presented with several disclosures covering everything from card benefits and fees to the card's annual percentage rate (APR). Many people don't realize ...