Credit Card Interest Rates news and trends

Senate Bill Would Cap Credit Card Interest Rates at 10%
Credit Cards // February 04, 2025

Senators Bernie Sanders, I-Vermont, and Josh Hawley, R-Missouri, introduced a bill Tuesday (Feb. 4) that would cap credit card interest rates at 10%. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Donald Trump Proposes Temporary 10% Cap on Credit Card Interest Rates
Credit Cards // September 20, 2024

Donald Trump wants to put a temporary cap on credit card interest rates at 10%, according to a Wednesday post on X by the official X account for the Trump campaign. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

US Credit Card Rates Hit All-Time High
Consumer Finance // May 17, 2019

Americans are now paying the highest level ever on credit card interest rates — and that could have a negative impact on consumer spending and U.S. growth in general. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Key Takeaways From Fed As Consumer Credit Pace Moderates In June
Consumer Finance // August 08, 2018

The Federal Reserve released numbers this week that showed an annual percentage rate increase of 3.1 percent as measured in June, a moderated pace from the previous month when that pace was 7.5 percent. Get the Full Story Complete the form to unlock this article...

Quick Reads
President Trump Seeks 10% Cap on Credit Card Interest Rates

January 11, 2026
President Donald Trump has called for a one-year, 10% cap on credit card interest rates. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive […]

Senate Bill Would Cap Credit Card Interest Rates at 10%

February 04, 2025
Senators Bernie Sanders, I-Vermont, and Josh Hawley, R-Missouri, introduced a bill Tuesday (Feb. 4) that would cap credit card interest rates at 10%. Get the Full Story Complete the form...

Donald Trump Proposes Temporary 10% Cap on Credit Card Interest Rates

September 20, 2024
Donald Trump wants to put a temporary cap on credit card interest rates at 10%, according to a Wednesday post on X by the official X account for the Trump...

US Credit Card Rates Hit All-Time High

May 17, 2019
Americans are now paying the highest level ever on credit card interest rates — and that could have a negative impact on consumer spending and U.S. growth in general. Get...