High Interest Credit Cards

credit card, interest rates

Lawmakers push 10% credit card rate cap as consumer debt hits record high | Dollars & Sense

U.S. consumer credit card debt has reached an all-time high of more than $1 trillion, according to the latest numbers from the Federal Reserve Bank of New York.

The Points Guy · 2d

New push would cap credit card interest rates at 10%: Here's what we know

· 1d · on MSN

Trump’s Proposed Change to Credit Cards—and How It Could Impact You

· 9h

Big Banks Report Soaring Profits Amid Tensions With Trump Over Credit Card Interest Rates

The latest trio of big banks reported their results Wednesday — Bank of America, Citigroup and Wells Fargo — and while each of them do different flavors of banking the theme is the same: profits are u...

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Would Trump's 10% cap on credit cards hurt more than some imagine?

Las Vegas Sun · 15h

Trump’s proposed 10% cap on credit card APR could hurt low- and middle-income earners

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Republicans Aren't Interested In Trump's Idea To Cap Credit Card Interest Rates

Trump first pitched rate caps in a Truth Social post last week saying people were getting “ripped off” by credit card interest rates as high as 20 or 30%.

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Jackson neighbors rate the economy under President Trump

JPMorgan to Kick Off Earnings. Credit Cards Are In Focus.

1don MSN

Trump's big swing at credit card interest rates targets a growing American problem

Americans' debt loads are at record highs, resurfacing a decadeslong debate on how to prevent companies from maximizing profit at consumers' expense.

2don MSN

High earners have credit card debt, too. But they won't admit it.

Credit card debt is an embarrassment to many Americans. It is especially embarrassing, apparently, to people who earn a lot.

9hOpinion

How To Play A Possible War On Credit Cards

Trump's proposed 10% credit card interest cap could materially impact banks with high credit card exposure, notably Capital One and Synchrony. COF's portfolio is now over 56% credit card balances, making it especially vulnerable to regulatory changes targeting interest rates.

Credit card interest rate forecast for 2026: Rate cuts will bring little relief to cardholders

For example, the Prime Rate is currently 6.75%. There’s nothing preventing a card issuer from tweaking a new customer offer from Prime Rate + 13% up to Prime Rate + 13.25% if it wishes to mitigate the impact of a Fed rate cut and make more money from interest charges.

The 3 Longest 0% Intro APR Cards of 2026: No Interest for up to 2 Years

Skip interest for up to two years with these 0% intro APR offers, perfect for large purchases in 2026 or paying off high-interest debt.