Investopedia tracks over 300 credit card interest rates every month. For November 2024, the average credit card interest rate is 24.62%.
Written by Garrett Yarbrough ; Edited by Courtney Mihocik ; Reviewed by Jason Steele
Even though most credit card rates are high right now, retail cards boast unusually high rates. They’re easier to qualify for and meant to boost profits.
Graph and download economic data for Commercial Bank Interest Rate on Credit Card Plans, All Accounts (TERMCBCCALLNS) from Nov 1994 to Aug 2024 about consumer credit, credit cards, loans, consumer,...
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credit card debt is getting more financially wasteful for consumers as the Federal Reserve jacks up interest rates in a bid... last year, according to the New York Federal Reserve . On...
22-year history of the data, according to the most recent report... your card issuer to ask for a lower rate, consolidate and pay off high-interest credit cards with a lower interest home...
with credit card debt have been in that position for at least a year, up from 50 percent last year. If you have debt and want to understand the impact of rising interest rates, try plugging...
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