Average APR Credit Card

Market's not loving Trump's credit card rate cap

Here's What Could Happen if Trump's 10% Credit Card Interest Cap Gets Approved

Earlier this month, President Donald Trump publicly called for credit card interest rates to be capped at just 10% for one year.

· 3d · on MSN

Trump calls for 10% cap on credit card interest rates. What's average?

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Why Banks Are So Worried About a 10% Credit Card Rate Cap

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Trump's 10% cap on credit card interest rates would hurt many Americans | Opinion

And while President Donald Trump's recent proposal to cap credit card interest rates at 10% may sound like a positive step on its face, diving deeper into the details reveals unintended consequences f...

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Cracks Begin to Appear at the Nation’s Biggest Banks

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Airline miles and hotel points threatened as Trump takes aim at credit-card rules

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What we know about Trump's push to cap credit card interest rates

Some of America’s top bankers are warning that the president’s cap on credit card interest rates would prove disastrous for lower-income consumers and the US economy — not to mention their profits.

· 23h

Could a cap on credit-card rates really hurt consumers?

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Long-term mortgage rates hit three-year low after Trump's $200B bond acquisition news

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Average Credit Card APR

Credit card annual percentage rates, commonly known as APRs, determine how much you’ll pay in interest if you carry a balance on your credit card. Your card’s APR can vary depending on a few different factors, and there can be different types of APRs ...

Credit card interest rate forecast for 2026: Rate cuts will bring little relief to cardholders

For example, the Prime Rate is currently 6.75%. There’s nothing preventing a card issuer from tweaking a new customer offer from Prime Rate + 13% up to Prime Rate + 13.25% if it wishes to mitigate the impact of a Fed rate cut and make more money from interest charges.