Credit Card Interest Rates news and trends

President Trump Seeks 10% Cap on Credit Card Interest Rates
Credit Cards // 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,...

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...

Quick Reads
Sen. Warren Says CFPB Hurts President Trump’s Affordability Push

January 25, 2026
President Donald Trump has been lobbying for a 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 […]

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...

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...