Economy

Credit card interest rates highest in at least 38 years

By Zach Halaschak
Published October 10, 2023 5:11pm ET
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Credit card interest rates highest in at least 38 years
The national average for credit card interest rates is now the highest it has been in at least the last 38 years as the Federal Reserve keeps monetary policy tight to drive down inflation. This average has ticked up to 20.72%, according to data from Bankrate. That is the highest it has ever been in […]


The national average for credit card interest rates is now the highest it has been in at least the last 38 years as the Federal Reserve keeps monetary policy tight to drive down inflation.

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Credit Cards Federal Reserve Interest Rates