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Retail credit card rates hit record high

Por: Fox Business Business October 23, 2023

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Biden, Wartime Aid, Two-Year Treasury Yield Interest rates are continuing to climb just as the is approaching, making it more costly for shoppers who plan to charge using store cards.  The average retail credit card annual percentage rate (APR) hit a new record high of 28.93% this year, up from 26.72% in 2022 and 24.35% in 2021, according to Bankrate’s annual Retail Cards Study out Monday. Retail Charge Cards Ticker Security Last Change... + full article



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