Current credit card interest rates
View current credit card rates based on Bankrate.com’s weekly national survey of large banks and thrifts.
1 min read
May 31, 2023
Interest Rate Advice
Read the latest advice from our team at Bankrate on credit card interest rates - how to understand credit card APRs, steps to minimize interest rate payments, where to find the best 0% APR offers, and everything in between.
Latest Credit Card Interest Advice & Stories
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What does 0% APR mean?
A 0% APR can be quite helpful, but it requires a certain level of discipline.
7 min read May 25, 2023 -
Want a lower credit card interest rate? Just ask
Securing a lower interest rate may be as simple as asking your credit card issuer.
4 min read May 25, 2023 -
What happens when your 0% intro APR period ends?
A higher interest rate will kick in once your promotion ends.
5 min read May 24, 2023 -
How to do a balance transfer with Chase
Find out everything you need to know about transferring a balance with Chase.
6 min read May 23, 2023 -
What is a purchase APR?
When you take out a line of credit, your lender can charge interest on any money you borrow. In the case of credit cards, this often comes in the form of a purchase APR.
4 min read May 22, 2023 -
What is deferred interest and is it worth it?
Deferred interest deals can be enticing but you could pay more than you expected.
5 min read Apr 26, 2023 -
How credit cards can help you achieve your 2023 goals
Whatever your 2023 goals, your credit cards can provide valuable data.
5 min read Feb 09, 2023 -
Should you carry a balance on a 0% APR credit card?
There are some clear pros to carrying a balance without paying interest, but there are some potential downsides.
7 min read Jan 24, 2023 -
What happens to your retail credit card when a store closes?
When a retailer vanishes, your card debt doesn’t. Here’s how your retail credit card may be impacted by store closures.
4 min read Jan 23, 2023 -
Can you pay student loans with a credit card?
You can pay your student loans off with credit, but that doesn’t mean you should.
5 min read Jan 10, 2023 -
Best balance transfer cards with no balance transfer fee
Learn our picks for the best balance transfer cards with no balance transfer fee.
7 min read Jan 06, 2023 -
6 things you didn’t know about 0% APR cards
The best 0% APR credit cards let you avoid interest, but what else should you know? We explain some of the most common misconceptions as well as their most important benefits.
4 min read Jan 06, 2023 -
How to save on weddings using credit cards
A smart credit card strategy can buy you more time to pay off your wedding costs without interest, nab enough travel points for a free honeymoon or put cash right back into your wallet.
3 min read Dec 19, 2022 -
Should you use a credit card for large purchases?
Funding a large purchase with credit can be handy if you have a payment plan to reap the benefits.
9 min read Nov 07, 2022 -
How to use a 0% intro APR card for holiday shopping
Afraid of that January credit card bill? A 0% intro APR card could help you avoid interest on holiday purchases if you use the introductory offer strategically.
3 min read Oct 17, 2022 -
Does asking for a credit card rate cut affect your credit score?
A rate decrease won’t hurt your credit unless it triggers a hard inquiry.
3 min read Sep 07, 2022 -
How to use a credit card to cover health expenses
When paying for medical bills with credit, aim to pay it off as soon as possible.
6 min read Sep 01, 2022 -
Is credit card interest tax-deductible?
Interest paid on outstanding student loan debt, mortgage and home equity loan debt, business expenses, and interest on money borrowed to purchase investment property qualifies for a deduction.
3 min read Jul 07, 2022 -
When to ditch your high-interest credit card
Follow these steps to save money and eliminate your high-interest debt.
6 min read Apr 19, 2022
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