Another way you can help convince your credit card issuer to give you a lower APR is by presenting some other credit card ...

A credit card with a 0% APR introductory rate is a viable option for those looking to finance a large purchase or who need to pay down debt from a high-interest credit card.

So, a mortgage with an interest rate of, say, 5.5% might actually cost you something like 5.8% a year. Credit cards don't do that, meaning the APR on your card is precisely equal to your interest ...

Prime rate: The Federal Reserve’s prime rate fluctuates and can cause your variable rate credit card’s APR to go up or down. Age: If you are under 21 years of age, you are more likely to face ...

Daily rate. Find this rate by dividing your credit card’s purchase APR by 365 — the number of days in a year. Average daily balance. Add up your balances at the end of each day in the billing ...

While the answer isn't exact, a good credit card APR will be the best interest rate you can qualify for based on the card type and your creditworthiness. Read: Best Credit Cards.

Cash advance APR: The rate for credit card transactions classified as cash advances. Introductory APR: A special introductory rate, often 0%. Credit cards may offer a 0% intro APR on purchases, ...

Credit card APR refers to the amount of interest you'll pay when you revolve a balance, but it is expressed as a yearly rate. The average credit card APR reached over 20% in 2023, making it ...

Your credit card’s ongoing interest rate, or APR, is assigned to you after you are approved for a card — and legally must be disclosed to the cardholder.

Investopedia tracks over 300 credit card interest rates every month. For June 2025, the average credit card interest rate is 23.99%.

Credit card issuers typically charge an APR of the prime rate plus a variable percentage rate. For example, if your APR is 15.5% and the prime rate is 4%, the issuer has added 11.5 percentage ...

Forbes Advisor’s weekly credit card rates report indicates that the current average credit card interest rate is 25.37%. The Federal Reserve also tracks U.S. consumers' average credit card ...