04/28/2026
đź’ł Credit Card Interest Rates Are Still Sky-High
According to the latest data from Forbes Advisor, the average credit card interest rate is now around 25%, making it one of the most expensive ways to borrow money.
Even a small balance can grow quickly when interest is this high, which is why many people feel like they’re not making progress, just keeping up.
Forbes Advisor’s weekly credit card rates report indicates that the current average credit card interest rate is 25.29%. The Federal Reserve also tracks U.S. consumers' average credit card interest rates. As of November 2025, it reported that the average credit card interest rate on accounts with