Current Credit Card Rates

Pres. Trump calls for credit card rate cap

Trump calls for credit card interest rate cap: Options for consumers if credit tightens

On Friday, Jan. 9, President Trump shared a message on Truth Social calling for a credit card interest rate cap starting Jan. 20, 2026 — just 11 days after posting.

CardRates.com · 6h

Trump Proposes 10% Interest Rate Cap as Credit Card Industry Watches Closely

Blockonomi · 15h

Bank Stocks Plunge After Trump Targets Credit Card Interest Rates

· 9h

Explainer: How Trump's proposed cap on credit card rates could reshape consumer lending

Trump called for the cap on Friday, without detailing how the plan would be implemented, while Wall Street analysts said such a move would require legislation and has slim odds of getting clearance.

· 17h

Trump plan to cap credit card costs hits bank shares

· 1d

Trump eyes 10% credit card interest rate cap to boost affordability

Vancouver Is Awesome · 9h

Trump's credit card plan revives question of when do interest rates become too high

The financial industry, meanwhile, has generally pushed against measures to limit interest rates, saying such actions would cut some consumers off from the credit option and force others to pay more t...

· 7h

Financials fall as Trump's credit card rate cap plan rattles investors

· 1d

Trump’s 10% credit card rate cap proposal raises hopes, and questions for India

Credit card interest rate forecast for 2026: Rate cuts will bring little relief to cardholders

For example, the Prime Rate is currently 6.75%. There’s nothing preventing a card issuer from tweaking a new customer offer from Prime Rate + 13% up to Prime Rate + 13.25% if it wishes to mitigate the impact of a Fed rate cut and make more money from interest charges.

Mediaite on MSNOpinion

National Review Warns Trump’s Credit Card Interest Cap Is a ‘Terrible Idea’ That Would Destroy GOP In Midterms

National Review senior editor Charles C.W. Cooke offered a stark warning to President Donald Trump about his plan to impose a cap on credit card interest rates.

Forbes

Credit Card Interest Rates Are On The Rise—How You Can Tackle Your Debt

With over a dozen credit cards and millions of credit card points racked up, Nancy Jiang condenses the complex world of card-churning for maximum rewards with minimum effort. Her work has been featured in national publications such as The US Sun.