By Jasmine Browley ·Updated April 15, 2024
The median average credit card interest rate for March 2024 is 24.37% according to data from Investopedia. Although this technically means this is normal for a large group of Americans, that rate is still pretty high if you’re aiming to pay off your balance monthly.
There are many people who are struggling to keep their balances low.
The average American household owes nearly $8,000/year, per 2022 data from
