This means that a credit card offering a fixed rate lower than 20.40% or a variable rate with a maximum of 20.40% would be considered a good APR for the average borrower. It’s important to note ...

If you’re currently carrying a balance on a credit card with an APR of, say, 19.99%, you could save a significant amount by transferring your balance to a card with a lower interest rate.

In June, "credit card interest rates rose for the third straight month," pushing the average APR to "just over 20%," said CNBC, citing data from Bankrate.

This credit card is not just good – it's so exceptional that our experts use it personally. It features a 0% intro APR for 15 months, a cash back rate of up to 5%, and all somehow for no annual fee!

Start with a secured credit card One of the most effective ways to begin building credit is through a secured credit card. Unlike traditional credit cards, which usually require an established credit ...

While average credit card interest rates sit at around 19.99%, interest rates on lines of credit currently range from about 4% to 10%, depending on the lender, your credit history and the type of ...

Get a zero-APR credit card While the average credit card interest rate now tops 20%, it’s still possible to sign up for a card that accrues no interest at all for a period of 15, 18 or 21 months.

What a credit card APR should be The average APR on all credit cards as of writing this is 16.92%. However, that doesn’t make it a good APR.