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 · The average credit card interest rate is 20.13 percent, down from a record-high 20.79 percent set on Aug. 14, 2024. How are credit card rates set? The typical credit card rate formula is the...

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 ...

2 days ago · The average credit card interest rate is 22.61% for new offers and 21.47% for existing accounts, according to WalletHub's Credit Card Landscape Report. The average interest rate among new credit card offers has increased by nearly two percentage points since 2010.

Nov 13, 2024 · The average credit card interest rate is 20.66% as of May 8, 2024, according to data from Bankrate. While this is lower than the record highs reached in late 2023, it is still a steep cost for ...

The average credit card interest rate is 22.80%, according to November 2024 Federal Reserve data — a significant jump from the average 16.98% rate in 2019. However, the current credit card ...

Jan 3, 2025 · The average credit card interest rate is 22.62% for new offers and 21.47% for existing accounts, according to WalletHub’s Credit Card Landscape Report. The average interest rate among new credit card offers has increased by nearly two percentage points since 2010. 2025's Best Credit Card Rates.

Jan 9, 2025 · The average credit card interest rate in America is 24.21% after the fifth straight monthly decrease in the wake of recent Federal Reserve rate cuts. LendingTree reviews about 220 of the most popular credit cards in the U.S. — from more than 50 issuers — to comprehensively look at the state of credit card interest rates.

Aug 2, 2023 · Currently, 14 of the 100 cards tracked by CreditCards.com cap APRs at 30.00 percent or higher. But only six cap APRs above 31.00 percent. Most U.S. credit cards are tied to the prime rate, and when the federal funds rate changes, the …

Jan 13, 2025 · The median average credit card interest rate for January 2025 is 24.37%. Your credit score and credit history will largely determine your credit card interest rate.