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  2. Credit card interest rate forecast for 2025: Rates will only ...

    www.aol.com/finance/credit-card-interest-rate...

    Key credit card interest rate insights. Highest average credit card interest rate in 2024: 20.79 percent (Aug. 24, 2024) Lowest average credit card interest rate in 2024: 20.27 percent (Dec. 31, 2024)

  3. When interest-rate cuts will hit credit cards, car ... - AOL

    www.aol.com/interest-rate-cuts-hit-credit...

    Credit-card interest rates are at historic highs — the Consumer Financial Protection Bureau found in a recent report that the average annual percentage rate on credit cards surged to 22.8% in ...

  4. Why credit card rates remain high, even after interest rate cuts

    www.aol.com/why-credit-card-rates-remain...

    The average credit card interest rate stands at 20.35%, just slightly below a record-high of 20.79% attained in August before the Fed began cutting rates, Bankrate data showed.

  5. Trump's 10% credit card interest cap could hurt borrowers ...

    www.aol.com/news/trumps-10-credit-card-interest...

    The current delinquency rate of more than 3% is the highest since 2011, ... The average interest rate on credit cards is currently over 20%, with some cards charging as much as 36% APR, said Ted ...

  6. Sanders and Hawley introduce bill to cap credit card interest ...

    www.aol.com/sanders-hawley-introduce-bill-cap...

    The average credit card interest rate is over 20%, according to data from Bankrate. Sanders and Hawley’s bill comes after President Donald Trump vowed in the 2024 race to temporarily cap credit ...

  7. Interest Rates Are Falling. Are Your Credit Card Rewards Safe?

    www.aol.com/interest-rates-falling-credit-card...

    And even if they do lower rates, credit cards will still have high interest rates overall. The current average is 22.76% on credit cards that are assessed interest, according to Federal Reserve data.

  8. Credit cards are charging more 'excess' interest than ever ...

    www.aol.com/news/credit-cards-charging-more...

    The average APR margin — the share of interest rates card issuers charge beyond the “prime” rate, which generally covers their basic funding costs — has climbed to 14.3%, from 9.6% a ...

  9. President Trump wants to cap credit card interest rates at 10 ...

    www.aol.com/finance/president-trump-wants-cap...

    The Capping Credit Card Interest Rates Act would have capped card interest rates at 18 percent, including all finance charges. That bill also didn’t go anywhere.

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