Commissions do not affect our editors' opinions or evaluations. The average credit card interest rate is 28.61%, according to Forbes Advisor’s weekly credit card rates report. The Federal ...

A new bill sponsored by Sens. Sanders and Hawley would cap credit card APRs, but that could reduce access to credit and ...

A bill to limit the interest rate on credit cards has been introduced in Congress. The banking industry says capping rates ...

Many or all of the products on this page are from partners who compensate us ... a card with a low ongoing interest rate will work to your advantage in the long run. NerdWallet's credit cards ...

Sanders and Hawley’s bill comes after President Donald Trump vowed in the 2024 race to temporarily cap credit card interest ...

In a move that many Americans have been anticipating over the last couple months, on Wednesday the Federal Reserve raised interest rates for the first time since December 2018. The Fed, aiming to ...

There's a bipartisan debate underway in Congress to potentially cap credit card interest rates — and it involves an unlikely ...

At its most recent policy meeting, on Wednesday, January 29, the Fed left its key interest rate unchanged. That means the annual percentage rate (APR) on your credit card probably won’t get more ...

Almost more troubling than the total amount of U.S. credit card debt are the sky-high interest rates consumers owe on their balances—APRs that have been climbing higher as market interest rates ...