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  2. Survey: Retail credit card interest rates are through the ...

    www.aol.com/finance/survey-retail-credit-card...

    Key insights on retail credit card interest rates in 2024. The average interest rate for retail cards is at an all-time high. At 30.45%, that means carrying a balance is more expensive than ever.

  3. Bankrate’s Interest Rate Forecast for 2024: Mortgages, credit ...

    www.aol.com/finance/bankrate-interest-rate...

    An aggressively hawkish Fed has made the consequences of credit card debt even worse. Credit card rates first eclipsed 19 percent — a record high — in November 2022. Throughout 2023, they ...

  4. Grandpa, cut up that card! A large share of retirees have ...

    www.aol.com/grandpa-cut-card-large-share...

    The average credit card interest rate rose from 14.6% in February 2022 to 21.8% in August 2024, according to federal data. The average rate on a 60-month loan for a new car is 8.4%, as of August ...

  5. The CFPB released a new credit card comparison tool. Will it ...

    www.aol.com/finance/cfpb-released-credit-card...

    Bankrate’s 2024 Credit Card Rewards survey found that 80 percent of respondents earning $80,000 annually or more have at least one reward card (as do 44 percent of those who earn less than ...

  6. Credit card interest rates could go down in 2024: What you ...

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

    The average credit card rate was 16.34% in March 2022. "So, if the Fed cuts the federal funds rate by a quarter-point," Rossman said, "your credit card rate should fall by a quarter-point within a ...

  7. Want a better credit card interest rate? Try smaller ... - AOL

    www.aol.com/finance/want-better-credit-card...

    In fact, the average retail credit card interest rate hit an all-time high in 2024 at 30.45 percent, according to Bankrate’s 2024 Retail Credit Card Survey.

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