Credit Card Rates Are High, but There Are Ways to Lower Yours This February

Credit card rates are high, but there are ways to lower yours this February

Credit card APRs remain elevated, but there are a few moves that could help reduce how fast your balances grow.

Current Credit Card Interest Rates – February 2026

Current Credit Card Interest Rates:Average Rate – New Offers: 22.10% Average Rate – Existing Balances: 22.30% Currently, credit card interest rates range from 5.75% to 36% for new applicants. The average interest rate among credit card offers is 22.1%, as of February 2026, 1.33% lower than the prior month. The interest rates on existing credit card accounts are a bit lower. For example, people with credit card debt currently pay interest at a 22…