To know how good your credit card’s APR is, start by comparing it to other credit cards in its category. Use these tips to evaluate your card.
A good credit card APR depends on whether you want a low ongoing rate or an introductory offer. Find out which cards offer the best APRs and how you can qualify.
Average retail credit card interest rates recently hit a record high of 28.93%. Here's how to protect your finances while taking advantage of store promotions.
Research average credit card APRs to know a good rate when you see it.
Earn unlimited 1.5% cash back on all purchases Calculate rewards ; 0% · Intro APR for your first 15 billing cycles for purchases, and for any balance transfers made within the first 60 days of opening your account. After that, a Variable APR that's currently 19.24% to 29.24% will apply. 3% · Intro balance transfer fee for the first 60 days your account is open. After the intro balance transfer fee offer ends, the fee for all future balance transfers is 4%.
For some credit products, like mortgages and car loans, the APR may be slightly higher than the interest rate. But not with credit cards. Here's the difference.
Credit card APRs have been on the rise since late 2022, making it more expensive to carry a balance.
Get the lowest possible intro rate for over a year with a Capital One low intro APR credit card.
According to a Bankrate survey, the average retail card APR is now 28.93%, with some retail credit cards charging 32.24%.
Your credit card’s interest rate only matters if you pay less than the statement balance on your payment due date.