When you apply for a new credit card, the card issuer takes your income into account ... You can earn the higher cash-back rates on up to the first $2,500 in combined spending per quarter.

A new bipartisan bill introduced by Representatives Alexandria Ocasio-Cortez and Anna Paulina Luna aims to cap credit card ...

If you put more than this amount toward credit card debt each month, you may want to consider other solutions.

Keep in mind that annual percentage rates (APRs) on credit cards vary widely, and the rate you qualify for may not resemble the national average. Factors such as your credit score, age ...

Likewise, since income is a determining factor for your credit application ... Next, identify the rate or rates you’re currently paying. If you have multiple cards, you’ll have to do this ...

You can also check out our list of best credit cards for alternative options. While income is an important ... American Express and Chase. *See rates and fees, terms apply.

How are credit card rates set? The typical credit card rate formula is the Prime Rate plus a profit margin set by the card issuer. On average, this margin often runs between 12 and 13 percent.

Credit card debt ... Your actual rate will be within the range of rates listed and will depend on the term you select, evaluation of your creditworthiness, income, and a variety of other factors.

New bipartisan legislation has been introduced to immediately enforce an interest rate cap of 10 percent on credit cards.

A personal loan can be a good solution for paying off your existing debt, but it's not always the best choice.

Interest rate fees also cross-subsidize ... If the government caps interest rates on credit cards two things will happen: First, millions of low-income households who are marginally profitable ...