The Federal Reserve also tracks U.S. consumers’ average credit card interest rates. As of February 2025, it reported that the average credit card interest rate on accounts with balances ...

The average credit card interest rate typically refers to the purchase APR, or annual percentage rate, on your card. This number accounts for the amount of interest you’ll pay over the course of ...

The average credit card interest rate was a whopping ... Current Trends in Credit Card Interest Rates Outside of paying off your card, there are a few factors that can influence the rate attached ...

If you already carry a balance on your credit card, you're likely being hit with high interest charges that make it harder to pay off debt. The average APR for all credit card accounts is 14.87% ...

The average credit card APR on interest-bearing accounts is 21.91% as of the fourth quarter of 2024. Credit card interest rates have risen quickly since 2021, as the Federal Reserve hiked its ...

Changes to the country’s credit rating impact interest consumers pay on household debt like mortgages, car loans and credit ...

Credit cards for fair credit, sometimes called "average" credit ... A hallmark of cards for fair credit is high interest rates. That's important to keep in mind as you work to build a positive ...

The average credit card APR is over 20%, according to the Federal Reserve. So anything below the average might technically be considered a "good" APR by comparison, but any APR means you're paying ...