Forbes Advisor’s weekly credit card rates report indicates that the current average credit card interest rate is 25.37%. The Federal Reserve also tracks U.S. consumers' average credit card ...

Although the Federal Reserve hasn't moved its benchmark since December, the average card rate keeps edging higher.

The Fed’s decision to hold rates steady still has far-reaching implications for almost all forms of borrowing as well as the returns on most savings accounts.

Americans could see interest rates reduced by the end of this year. From credit cards and mortgages to car loans, learn how ...

Forbes Advisor’s weekly credit card rates report indicates that the current average credit card interest rate is 25.37%. The Federal Reserve also tracks U.S. consumers' average credit card ...

Although the Federal Reserve hasn't changed its benchmark since December, the average credit card interest rate keeps inching higher. In part, card issuers are trying to protect themselves from ...

Credit card rates stayed stable for years after the introduction of the Credit CARD Act, which passed in 2009, but shot up after the Fed started raising rates in 2015.

It follows that credit card rates spiked again along with the central bank's string of 11 rate hikes starting in March 2022. Although the Fed cut its key borrowing rate benchmark three times in ...

Although the Federal Reserve hasn't changed its benchmark since December, the average credit card interest rate keeps inching higher. In part, card issuers are trying to protect themselves from ...

Although the Federal Reserve hasn't changed its benchmark since December, the average credit card interest rate keeps inching higher. In part, card issuers are trying to protect themselves from ...

Stream NBC 5 for free, 24/7, wherever you are. Even with the Federal Reserve on the sidelines, credit card rates are edging higher. In June, credit card interest rates rose for the third straight ...