Credit Cards Rates
Credit cards are revolving credit: interest accrues on carried balances and the G.19 release tracks both the average rate across all accounts and the rate on accounts assessed interest.
Quick answer
Current cited benchmarks — Credit-card plans, all accounts: 20.94% (as of 2026-Q2); Credit-card plans, accounts assessed interest: 22.15% (as of 2026-Q2).
Benchmarks
| Benchmark | Rate | Source |
|---|---|---|
| Credit-card plans, all accounts G.19 Terms of Credit, commercial bank interest rates, not seasonally adjusted. | 20.94% as of 2026-Q2 | Board of Governors of the Federal Reserve System federalreserve.gov |
| Credit-card plans, accounts assessed interest G.19 Terms of Credit, commercial bank interest rates, not seasonally adjusted. | 22.15% as of 2026-Q2 | Board of Governors of the Federal Reserve System federalreserve.gov |
National averages for context, not offers. Retrieved 2026-09-10 — always confirm the latest published figure at the source link.
Frequently asked questions
What does 'accounts assessed interest' mean?
The G.19 publishes two credit-card rates: the average across all accounts (including those paid in full) and the average across accounts that actually incurred interest — the second is higher and closer to what revolvers pay.
How do extra payments reduce credit-card payoff time?
Paying more than the minimum shrinks principal faster, which cuts both the months to payoff and total interest. The payoff calculator quantifies both.
What is the current average credit-card rate?
See the cited G.19 quarterly benchmarks on the credit-card rates page — both the all-accounts and assessed-interest figures with their publication period.
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Cite this page
LoanMatchers Editorial Team. “Credit Cards Rates.” https://loanmatchers.com/rates/credit-card/. Accessed 2026-09-10.
Sources
- Consumer Financial Protection Bureau — Ask CFPB — Consumer Financial Protection Bureau — consumerfinance.gov
- Federal Reserve Statistical Release G.19, Consumer Credit — Board of Governors of the Federal Reserve System — federalreserve.gov
Benchmarks are national averages from the publishers above, not offers. See our methodology.
Not financial advice. LoanMatchers is not a lender. Rates and terms vary by lender and creditworthiness. This page provides general educational information, not financial advice — consult a qualified professional before making financial decisions.
By the LoanMatchers Editorial Team. Last updated 2026-09-10. Educational information only — not financial advice.