Commercial bank interest rates on credit card plans in the United States were over *** percent higher in early 2025 than in the same period in 2022. In February 2025, the interest amount on credit card plans amounted to ***** percent. Alongside this development, the overall amount of credit card debt in the U.S. reached an all-time high in Q4 2023. Credit cards are considered one of the most common ways to pay in the United States, so potential changes on credit card debt are closely tied to both the inflation figure and central bank interest rate of the country.

Graph and download economic data for Commercial Bank Interest Rate on Credit Card Plans, All Accounts (TERMCBCCALLNS) from Nov 1994 to Aug 2025 about credit cards, consumer credit, loans, consumer, interest rate, banks, depository institutions, interest, rate, and USA.

United States - Commercial Bank Interest Rate on Credit Card Plans, Accounts Assessed Interest was 22.83% in August of 2025, according to the United States Federal Reserve. Historically, United States - Commercial Bank Interest Rate on Credit Card Plans, Accounts Assessed Interest reached a record high of 23.37 in August of 2024 and a record low of 11.96 in February of 2003. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Commercial Bank Interest Rate on Credit Card Plans, Accounts Assessed Interest - last updated from the United States Federal Reserve on November of 2025.

The interest rate for credit cards in the UK grew to an all-time high in May 2025, even though the base rate for the Bank of England grew at a slower pace that month. Credit card interest rates tend to be significantly higher than other forms of lending, and the United Kingdom is no exception to this. By May 2025, the average interest rate had increased to ***** percent. The Bank of England base rate stood at **** percent since April 2025 – which was not yet the highest value observed. Nevertheless, the central bank's interest rate grew slower than that of credit cards.

Credit Card Interest Rate - Historical chart and current data through 2025.

View quarterly updates and historical trends for US Commercial Bank Interest Rate on Credit Card Plans for All Accounts. from United States. Source: Feder…

Graph and download economic data for Delinquency Rate on Credit Card Loans, All Commercial Banks (DRCCLACBS) from Q1 1991 to Q3 2025 about credit cards, delinquencies, commercial, loans, banks, depository institutions, rate, and USA.

United States - Commercial Bank Interest Rate on Credit Card Plans, All Accounts was 21.39% in August of 2025, according to the United States Federal Reserve. Historically, United States - Commercial Bank Interest Rate on Credit Card Plans, All Accounts reached a record high of 21.76 in August of 2024 and a record low of 11.82 in August of 2014. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Commercial Bank Interest Rate on Credit Card Plans, All Accounts - last updated from the United States Federal Reserve on December of 2025.

Argentina Lending Rate: Monthly Average: Domestic Currency: Credit Cards data was reported at 84.860 % pa in Mar 2025. This records an increase from the previous number of 83.890 % pa for Feb 2025. Argentina Lending Rate: Monthly Average: Domestic Currency: Credit Cards data is updated monthly, averaging 39.390 % pa from Jul 2002 (Median) to Mar 2025, with 273 observations. The data reached an all-time high of 125.950 % pa in Mar 2024 and a record low of 25.660 % pa in May 2007. Argentina Lending Rate: Monthly Average: Domestic Currency: Credit Cards data remains active status in CEIC and is reported by Central Bank of Argentina. The data is categorized under Global Database’s Argentina – Table AR.M006: Lending Rate: Non Financial Private Sector.

Graph and download economic data for Consumer Loans: Credit Cards and Other Revolving Plans, All Commercial Banks (CCLACBW027SBOG) from 2000-06-28 to 2025-11-19 about revolving, credit cards, loans, consumer, banks, depository institutions, and USA.

View monthly updates and historical trends for Canada Chartered Bank Credit Card Loans. Source: Bank of Canada. Track economic data with YCharts analytics.

Consumer Credit in the United States increased to 13.09 USD Billion in September from 3.13 USD Billion in August of 2025. This dataset provides the latest reported value for - United States Consumer Credit Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

View quarterly updates and historical trends for US Net Percentage of Domestic Banks Reporting Increasing Spreads of Interest Rates Over Banks' Cost of Fu…

Argentina Lending Rate: Domestic Currency: Personal Loan & Credit Card System: Personal: More 180 days data was reported at 65.890 % pa in Mar 2025. This records a decrease from the previous number of 65.980 % pa for Feb 2025. Argentina Lending Rate: Domestic Currency: Personal Loan & Credit Card System: Personal: More 180 days data is updated monthly, averaging 37.560 % pa from Jan 2002 (Median) to Mar 2025, with 279 observations. The data reached an all-time high of 132.770 % pa in Dec 2023 and a record low of 23.530 % pa in Jun 2006. Argentina Lending Rate: Domestic Currency: Personal Loan & Credit Card System: Personal: More 180 days data remains active status in CEIC and is reported by Central Bank of Argentina. The data is categorized under Global Database’s Argentina – Table AR.M006: Lending Rate: Non Financial Private Sector.

During the past years, the interest rate on consumer credit in Italy increased a lot, reaching **** percent in May 2024. The interest rate hike of the past years has started to reverse, with the interest rates of consumer loans decreasing in the second half of 2024.

Total credit card debt in the UK grew by over ****billion British pounds between March and April 2025, now reaching a similar level of debt as seen in early 2020. The annual growth rate of credit card debt stayed about the same in April 2025, reaching *** percent when compared to aApril 2024. The growth rate in 2024 has been decreasing until 2025 where it started to increase again, which may potentially be attributed to growing interest rates and the cost of living crisis.

Credit Cards Market size was valued at USD 14.31 Billion in 2023 and is projected to reach USD 17.50 Billion by 2030, growing at a CAGR of 4.2% during the forecast period 2024-2030.Global Credit Cards Market DriversThe growth and development of the Credit Cards Market can be credited with a few key market drivers. Several of the major market drivers are listed below:Spending Patterns of Consumers: The credit card market is largely driven by the spending patterns and preferences of consumers. Credit cards are in greater demand as a practical payment option as consumers move more and more toward cashless transactions and online shopping.Situation of the Economy: A number of economic indicators, including inflation, GDP growth, and employment rates, have an impact on disposable income and consumer confidence, which in turn have an impact on credit card usage. Consumers tend to spend more and sometimes use credit cards when the economy is expanding.Interest Rates: The cost of borrowing and the allure of credit cards are impacted by fluctuations in interest rates set by central banks. While higher interest rates may cause consumers to cut back on spending and become more concerned about repaying their debt, lower rates may encourage consumers to use credit cards more frequently.Rewards and Incentives: To draw in new business and keep existing ones, credit card companies provide a range of rewards, cashback plans, travel perks, and incentives. Attractive rewards programs have the power to increase credit card usage and sway customer decisions.Technological Innovation: New developments in digital banking, contactless payments, and smartphone wallets are transforming the credit card industry. Credit card issuers are investing in technological innovations to improve security and convenience as a result of consumers' increasing adoption of digital payment methods.Regulatory Environment: Market dynamics are influenced by rules that govern the credit card industry, such as data security standards, interchange fee laws, and consumer protection laws. The pricing strategies, product offerings, and profitability of card issuers can all be impacted by changes in regulations.Demographic Trends: The adoption and use of credit cards are influenced by demographic factors such as urbanization, population growth, and shifting lifestyles. Younger generations—Gen Z and millennials in particular—are more likely to use mobile banking and digital payments, which is increasing demand for credit cards with cutting-edge features.

Credit card issuers generate revenue from cardholders primarily through fees and interest earned on revolving credit. Companies compete by offering customers lower interest rates, flexible and secure payment options and rewards programs based on spending levels. Over the past five years, industry revenue has grown at a CAGR of 1.6% to $178.6 billion, including an expected jump of 0.6% in 2025 alone. Industry profit has climbed to 31.6% in 2025, up from 11.9% in 2020. Improving employment and consumer spending levels and promoting increases in revolving balances are expected to support performance. Revenue declined both in 2020 and 2021 due to the economic volatility. Since then, revenue has crawled along, as the consumer price index has climbed which has contributed to the aggregate household debt to jump as consumers are increasingly using their credit cards for purchases, pushing demand and revenue higher. Competing economic trends and technology adoption will determine industry growth. Performance will continue to improve as consumer spending keeps increasing. However, while national unemployment is likely to decline and support demand for credit cards, Federal Reserve Board actions to stem inflation may threaten revenue generation. In addition, mounting industry competition in rewards programs will challenge profit margins. External competitive threats from companies providing Buy Now Pay Later expand consumers' credit options. These appealing new low or no-interest financing plans offered directly from sellers on social media platforms seamlessly link products to payment, bypassing industry operators' similar payment offerings. Emerging technologies like cryptocurrencies and artificial intelligence systems represent a significant opportunity for credit card issuers to secure market share and reduce costs. Overall, credit card issuing revenue is set to increase at a CAGR of 0.8% to $185.9 billion over the five years to 2030.

Philippines Credit Lines:Households:CS:Specific:Credit Card:Interest Rate Floors data was reported at 0.000 Index in Jun 2018. This stayed constant from the previous number of 0.000 Index for Mar 2018. Philippines Credit Lines:Households:CS:Specific:Credit Card:Interest Rate Floors data is updated quarterly, averaging 0.000 Index from Dec 2011 (Median) to Jun 2018, with 27 observations. The data reached an all-time high of 14.300 Index in Jun 2016 and a record low of 0.000 Index in Jun 2018. Philippines Credit Lines:Households:CS:Specific:Credit Card:Interest Rate Floors data remains active status in CEIC and is reported by Bangko Sentral ng Pilipinas. The data is categorized under Global Database’s Philippines – Table PH.KA021: Senior Bank Loan Officers' Survey.