Credit card APRs are rising due to a variety of factors. Carrying a balance costs more with a higher APR. You can avoid credit card interest by paying off your balance in full each month. The annual ...

Learn what a purchase APR is, how its rates affect you, and strategies to avoid extra costs on credit cards by paying balances in full before due dates.

Erin Gobler is a personal finance writer based in Madison, Wisconsin. She writes about topics including budgeting, student loans, credit, mortgages, investing and insurance. Her work has been ...

Most credit cards have variable rates with direct connections to the Federal Reserve’s benchmark. It follows that credit card rates spiked along with the Fed’s string of 11 rate hikes starting in ...

Evan Coleman is an Updates Editor on the Credit Cards and Travel Rewards team at Forbes Advisor, showcasing his interest in personal finance and love of travel. He has written for a variety of local ...

Nearly half of American households have credit card debt and pay more than 20% in interest on their revolving balances. Even when the Federal Reserve cuts rates, those high APRs don't fall much.

Credit cards have multiple APRs for different kinds of borrowing. Most common is the purchase APR, which is the interest you are charged for balances you incur from everyday spending. But card issuers ...

The Federal Reserve cut rates by a quarter point in October — the second cut of 2025. Another quarter-point cut is widely expected when the Fed meets next week, though chair Jerome Powell isn't ...

Before smartphones and Internet of Things devices were widely distributed, the Automatic Packet Reporting System (APRS) was the way to send digital information out wirelessly from remote locations. In ...

Although the Federal Reserve started slashing interest rates in September, the average credit card interest rate has barely budged. For some retail credit cards, interest rates have only gone up. In ...