Ads
related to: bowflex credit card interest rate1seekout.com has been visited by 100K+ users in the past month
quizntales.com has been visited by 1M+ users in the past month
Search results
Results from the WOW.Com Content Network
The Fed cut its benchmark short-term interest rate, the federal funds rate, by a full point in 2024 and the average credit card rate has only dropped from 20.74 percent at the start of 2024 to 20. ...
Here are the highest retail credit card interest rates rates Bankrate has found: Academy Sports + Outdoors Credit Card: 35.99%. Big Lots Credit Card: 35.99%. Burlington Credit Card: 35.99%.
Based on the latest expectations for Fed rate cuts, I'd predict that the average credit card interest rate of 22.76% will fall to 21.76% by the end of 2024 and to 20.26% by the end of 2025.
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.
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.
This means the average credit card interest rate could slide to about 21.7% by the end of this year and fall to about 20.7% by the end of 2025. This is just my prediction, of course, and it's ...
Ads
related to: bowflex credit card interest rate1seekout.com has been visited by 100K+ users in the past month
quizntales.com has been visited by 1M+ users in the past month