Factors like your debt-to-income ratio, your income and existing debt all influence the interest rate on your credit card.

Sen. Bernie Sanders of Vermont and Sen. Josh Hawley, a Republican from Missouri, introduced legislation to cap credit card ...

There's a new bill getting bipartisan support in Congress and it could have a big effect on your wallet. It would cap credit card interest rates at 10 percent. Senators Bernie Sanders and Josh Hawley ...

Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans. By Tara Siegel Bernard and Ron Lieber The Federal Reserve is ...

Holly Johnson is a credit card expert and writer who covers rewards and loyalty programs, budgeting, and all things personal finance. In addition to writing for publications like Bankrate ...

Almost more troubling than the total amount of U.S. credit card debt are the sky-high interest rates consumers owe on their balances—APRs that have been climbing higher as market interest rates ...

Commissions do not affect our editors' opinions or evaluations. The average credit card interest rate is 28.61%, according to Forbes Advisor’s weekly credit card rates report. The Federal ...

That’s because the Fed’s monetary policy decisions directly impact your wallet, including the interest rates charged on your cards. At its most recent policy meeting, on Wednesday, January 29 ...

Yet both have advocated for a 10 percent cap on credit card interest rates. This would be devastating to the credit card industry. The current average Annual Percentage Rate (APR) paid is 19 percent, ...

Like mortgage rates, it will take time for them to get close to that again. Here's where we could get the most day-in and day-out relief. Credit card interest impacts everyone — except those who ...

Westpac’s Low Rate Credit Card has a lower annual fee ($59), a lower interest rate (13.74%), and 55 interest-free days on purchases. The Westpac Low Rate credit card features a lower interest ...

Interest rates are a key feature of many credit cards and play a big part in the potential fees you may be charged for carrying a balance. If you already carry a balance on your credit card ...