A credit card interest rate cap proposed by Alexandria Ocasio-Cortez comes as APRs jumped to 21% last year.

Why do credit cards have such high rates? The New York Federal Reserve looked into the matter and came up with two chief ...

High credit card interest rates can make it harder to get out of debt for those carrying a balance on their credit cards from month to month. Credit unions and smaller banks tend to offer lower ...

Most credit cards have a variable rate, which means there's a direct connection to the Federal Reserve's benchmark. And yet, ...

Like Discover, Bank of America periodically reviews cardholder credit to evaluate if the card can be converted to unsecured status. The standard rate APR is 28.24% variable. In theory, the Bank of ...

Discover® Certificates of Deposit has no minimum opening balance requirement. Interest is compounded daily and credited to your account monthly. If you take money out of your CD during the agreed ...

The time left to pay your taxes is winding down. You may be considering a few options to pay your tax bill -- including using ...

For rates and fees of the Discover it® Cash Back, click here. For rates and fees of the Discover it® Secured Credit Card, click here. For rates and fees of the Discover it® Balance Transfer ...

Fluctuating interest rates, tax benefits, credit score, LTV ratio and market trends are crucial aspects that can impact your ...

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.