Latest Fed-reported average · second quarter of 2026
Credit card
22.15%
Accounts charged interest · commercial banks
On a $4,000 balance cleared in 36 equal payments: $153.07 a month and $1,511 in interest.
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The last 8 readings
The same balance at each quarter's average: $4,000 cleared in 36 equal payments.
| Quarter | Average rate | A month | Interest in all |
|---|---|---|---|
| Q2 2026 | 22.15% | $153.07 | $1,511 |
| Q1 2026 | 21.52% | $151.77 | $1,464 |
| Q4 2025 | 22.30% | $153.38 | $1,522 |
| Q3 2025 | 22.83% | $154.48 | $1,561 |
| Q2 2025 | 22.25% | $153.28 | $1,518 |
| Q1 2025 | 21.91% | $152.58 | $1,493 |
| Q4 2024 | 22.80% | $154.42 | $1,559 |
| Q3 2024 | 23.37% | $155.61 | $1,602 |
What this number is
It is the average rate on bank credit card accounts that were charged interest, as published by the Federal Reserve. It is an average across banks and borrowers, not an offer, and it does not include fees. Your rate depends on the lender, your credit and the term.
Across all card accounts, including those that paid no interest, the average was 20.94% in the second quarter of 2026.
Source: Federal Reserve G.19 Consumer Credit release, series TERMCBCCINTNS. Latest available: the second quarter of 2026. Checked 3 October 2026. What changed, quarter by quarter · How we use them.
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