Forbes Advisor’s weekly credit card rates report indicates that the current average credit card interest rate is 25.32%. The Federal Reserve also tracks U.S. consumers' average credit card interest ...

The biggest credit-card issuers collected about $146 billion in revenue last year from America’s reliance on debt. The combined results from JPMorgan Chase, American Express, Capital One and Citigroup ...

Americans are rightfully concerned about affordability. From healthcare and housing to groceries and utility bills, Americans have been finding these everyday necessities difficult to afford for far ...

President Trump's proposal to cap credit card interest rates at 10% for one year could save consumers billions of dollars but hurt Americans with lower credit scores, according to financial experts.

A proposed one-year cap on credit card interest rates backed by U.S. President Donald Trump could reduce borrowing costs for some consumers but also limit credit availability, pressure bank profits ...

On Friday, President Trump called for a one-year cap of 10% on credit card interest rates, set to begin Jan. 20. Without congressional legislation, implementing a rate cap would likely be challenging.

On Friday, Jan. 9, President Trump shared a message on Truth Social calling for a credit card interest rate cap starting Jan. 20, 2026 — just 11 days after posting. His proposal would cap rates at 10% ...

The average credit card interest rate is 20.97% APR as of November 2025, per Federal Reserve data. See how rates are set and what they mean for carrying a balance.