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.

A credit card with interest rates that are far higher than any other major kind of loan. Why do credit cards have such high rates? The New York Federal Reserve looked into the matter and came up with ...

Evan Coleman is an Updates Editor on the Credit Cards and Travel Rewards team at Forbes Advisor, showcasing his interest in personal finance and love of travel. He has written for a variety of ...

According to Forbes Advisor, the current average credit card interest rate is 28.72 percent. Stock image/file photo: Credit cards laid out on a surface. Stock image/file photo: Credit cards laid ...

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.