Jan 9, 2025 · Historical Credit Card Interest Rates, Charge-Off Rates & More Historical Credit Card Interest Rates Chart. The margin between the prime rate and the average credit card interest rate has increased by 9.85 percentage points since …

Jun 19, 2024 · How much interest you get charged on a credit card is determined by a handful of factors: Whether you have a grace period in effect. Your average daily balance. The interest rate on your...

Credit card APRs average about 20%, which is relatively high for any loan. Good APRs average about 8-12%, though it is possible for someone with excellent credit to get even lower rates. This is because credit card debt is unsecured, meaning there is no collateral backing the loan.

2 days ago · Forbes Advisor’s weekly credit card rates report indicates that the current average credit card interest rate is 28.72%. The Federal Reserve also tracks U.S. consumers’ average credit card ...

Category: Interest Rates > Credit Card Loan Rates, 2 economic data series, FRED: Download, graph, and track economic data.

Nov 3, 2020 · The average credit card rate in the U.S. in the third quarter of 2020 was 14.58%, according to data collected by the Federal Reserve. The third quarter is the three-month period of July, August, and September. That 14.58% average includes cards that were charged interest and cards that weren’t.

Jan 13, 2025 · The median average credit card interest rate for January 2025 is 24.37%. Investopedia tracks over 300 credit card interest rates every month.

2 days ago · Currently, credit card interest rates range from 5.75% to 36% for new applicants. The average interest rate among credit card offers is 22.62%, as of February 2025, 0.84% lower than the prior month. The interest rates on existing credit card accounts are a bit lower.

Feb 5, 2025 · Get current credit card interest rates and recent rate trends from Bankrate.com.

Jun 5, 2023 · Use the credit card interest calculator to estimate how much interest you would need to pay if you happened to carry an unpaid balance on your credit card. This device's high specification allows you to examine and compare the interest payments in …