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WHAT IS AVERAGE CREDIT CARD INTEREST RATE?
Manage episode 358371430 series 3453810
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The average credit card interest rate is the average annual percentage rate charged by credit card issuers on credit card balances, which is currently around 16.03%. This rate can vary depending on the borrowers creditworthiness and the type of credit card. To manage credit card debt, it's important to make payments on time and in full, avoid carrying a high balance, and consider transferring balances to a card with a lower interest rate or a 0% introductory APR offer. Read More: https://bestcreditguides.blogspot.com/2023/03/what-is-average-credit-card-interest.html
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