Live · via FRED · Federal Reserve

Credit Card Rates Today

As of December 2025 · Updated monthly

Prime Rate

6.75%

-0.25% from last month

Fed Funds + 3%

Avg Card APR

20.97%

Federal Reserve survey data

14.2% above Prime

Delinquency Rate

2.94%

of accounts 30+ days late

Cost of Carrying a Balance

at 21.0% APR
$500 balance
$9/mo interest25mo to pay off
$1,000 balance
$17/mo interest70mo to pay off
$3,000 balance
$52/mo interest466mo to pay off
$5,000 balance
$87/mo interestnever at min
$10,000 balance
$175/mo interestnever at min

Interest calculated at average APR. Payoff assumes 2% minimum payment. Actual rates vary by card and creditworthiness.

How Your APR Is Set

Fed Funds Rate (base)
3.64%
Prime Rate (Fed + 3%)
6.75%
Bank margin (typical)
12 – 18%
Resulting card APR
~21.0%

Most variable-rate cards = Prime Rate + a fixed margin set by the issuer. When the Fed raises rates, your card APR rises within 1–2 billing cycles.

Prime Rate — Last 12 Months

Dec 256.75%
Oct 257.00%
Sep 257.25%
Dec 247.50%
Nov 247.75%
Sep 248.00%
Jul 238.50%

What APR are you paying?

Share your card's actual rate. Unlock real approval odds by score range.

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Reducing Your APR

0% intro APR cards — balance transfers can reset the clock. Look for 15–21 month 0% offers.

Credit score matters — a 750+ score unlocks cards with margins 5–8% below the median.

Call and ask — issuers often lower APR by 3–5% for customers who ask once per year.

Credit Card Cost Calculator

See the true cost of your balance with your specific rate and payment.

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Data source

Federal Reserve Bank Prime Loan Rate (PRIME) and Terms of Credit Card Plans Survey (TERMCBCCALLNS) via FRED. Updated monthly.