Credit card interest rates are at record highs

Credit card APRs are at all-time highs. One reason: Issuers appear to be raising their profit margins, according to the Consumer Financial Protection Bureau.

Credit Card Interest Rate Forecast For 2024

Credit card rates are likely to fall slightly in 2024, but consumers won’t get much relief.

Retail Credit Card Interest Rates Reach New Highs

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.

Credit card interest and fees soar to $130 billion — but you don't have to pay them

Here's what to do if you’re experiencing mounting interest and fees from your credit card company to help cut down costs.

Current Average Credit Card Interest Rates: Rates Bust 20%

Credit card interest rates are over 20%, and while not a record high, these costly rates can be a strain on people who carry a balance.

Credit card rates are near record highs. Here are 3 quick ways to get rid of your card debt now.

The average credit card rate is now 22.76%, so it's important to get rid of your card balances as soon as possible.

How To Lower Your Credit Card Interest Rate

Credit card interest rates are high, but you might be able to score a lower rate just by asking, or following one of these other tips.

Average Credit Card Interest Rate for November 2024: 24.62% APR

Investopedia tracks over 300 credit card interest rates every month. For November 2024, the average credit card interest rate is 24.62%.

Credit card interest rate margins at all-time high

The annual percentage rate (APR) margins, the amount of interest credit card issuers charge cardholders on top of benchmark rates, have reached an all-time high.

Average Credit Card Interest Rates: Trends, Management, and Lowering Strategies

Discover the trends in average credit card interest rates, how these rates are determined, and effective strategies to manage or lower your APR.