Despite improving sentiment, the cost of carrying credit card debt remains high. A $6,000 balance at today’s average rate of ...

Rates for certain financial products may change fairly quickly in response to a Fed rate cut, but credit card APRs aren’t guaranteed to follow suit, or may take a little longer to drop.

Interest rates for credit cards and some other loans will head down, now that the Fed has cut short-term interest rates for the first time in 2025.

Holly Johnson is a credit card expert and writer who covers rewards and loyalty programs, budgeting, and all things personal finance. In addition to writing for publications like Bankrate, CreditCards ...

Here’s how the central bank’s interest rate moves influence car loans, credit cards, mortgages, savings and student loans. By Tara Siegel Bernard and Ron Lieber The Federal Reserve is expected to ...

Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans. By Tara Siegel Bernard The Federal Reserve lowered its key interest rate by ...

If you were hoping the Federal Reserve's recent rate cut, its first of 2025, was going to make your credit card debt easier to pay off, the reality is that there are many other, more important, ...

Depending on the type of credit card, the average interest rate varies — and it's constantly changing. Many or all of the products on this page are from partners who compensate us when you click to or ...

Jenny Bauman never ran the numbers to try to calculate just how much her credit card debt would end up costing her at frighteningly high interest rates of nearly 30% a year. And she had absolutely no ...

*Refers to the latest 2 years of stltoday.com stories. Cancel anytime. If you pay your credit card balance in full each month, then your card’s ongoing interest rate (aka its annual percentage rate, ...