A credit card interest rate cap proposed by Alexandria Ocasio-Cortez comes as APRs jumped to 21% last year.

You aren't necessarily stuck with your current credit card rates. These simple strategies could help lower them.

Most credit cards have a variable rate, which means there's a direct connection to the Federal Reserve's benchmark. And yet, ...

Making matters worse is that credit card interest rates are notably high right now. And they may not fall for quite some time for one key reason. It’s a matter of stubbornly high inflation You ...

At the same time, credit card interest rates are "very high," averaging 23% annually in 2023, the New York Fed found, also making credit cards one of the most expensive ways to borrow money.

How are credit card rates ... the federal funds rate, which is set by the Federal Reserve’s Federal Open Market Committee. Essentially, the federal funds rate is the interest rate that banks ...

But while the Fed's pause means credit card interest rates likely won't climb higher in the immediate future, that doesn't mean relief is on the way. Credit card APRs remain at record highs ...