What Is A Good Apr For A Credit Card 2024

What Is A Good Apr For A Credit Card 2024. This means card holders with the best credit scores will typically have an apr at the low. The median average credit card interest rate for april 2024 is 24.37%.

It depends on the type of card you’re looking at, as well as your own credit. If you were to pay off a $2,000 balance over 12 months on a credit card with a 20% apr, you’d have to make payments of about.

This Is The Interest Rate Applied To General Purchases Made With Your Card Online, In Person Or Over The Phone.

As of february 2024, the average credit card interest rate is 24.61%.

Anything Below The Average Credit Card Interest Rate — 23.55% For New Offers, As Of February 2023, According To A Lendingtree Study — Is Generally Considered A Good Apr, And Anything Above That.

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If You Were To Pay Off A $2,000 Balance Over 12 Months On A Credit Card With A 20% Apr, You’d Have To Make Payments Of About.

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Here Are Some Of The Key Credit Card Trends To Watch For In 2024.

This average is based on 200 of the most popular credit.

What Is A Good Credit Card Apr?

A good credit card apr is a rate that’s at or below the national average, which currently sits above 20 percent.