Here's how to go about lowering your interest rate, so you have a better shot of getting on top of your credit card debt. Preparation is key to any successful negotiation. Begin by gathering ...

The median average credit card interest rate for June 2025 is 23.99%. Investopedia tracks over 300 credit card interest rates every month. June's rate decreased by 12 basis points compared to May.

Below, Select explains the affect that the emergency rate cut has on your credit card. What does the Fed cut mean for your credit card? When the Fed cuts interest rates, variable rate credit cards ...

Most credit cards charge holders a variable rate, and card issuers set the rate based on the prime rate. While it can take one to two billing cycles to take effect, credit card rates are expected ...