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Average credit card interest rates are calculated from a dataset of over 250 credit cards in the U.S. market. To calculate the average overall credit card interest rate, we use a subset of those ...
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.
The average credit card interest rate is 20.15 percent, down from a record-high 20.79 percent set on Aug. 14, 2024.
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 ...
In June, credit card interest rates rose for the third straight month, hitting the highest level since December, according to a recent report by LendingTree. Now, the average annual percentage ...
Credit card debt is becoming an increasingly heavy burden for American households, with the average cardholder now owing ...
Now, the average annual percentage rate is just over 20%, according to Bankrate. For new cards, the average APR is up to 24.3%, according to LendingTree.
The average APR for all credit card accounts is 15.13%, and rises to 16.65% for accounts assessed interest, according to the latest data from the Fed.