Reward programs are growing ever more complex, while AI and Gen Z will begin exerting even more influence on the market. Many or all of the products on this page are from partners who compensate us ...

The recently proposed caps on credit card interest rates may sound appealing on the surface. Who wouldn’t want to be guaranteed a prime rate for any credit card? Unfortunately, the reality of ...

Perhaps feeling the heat of “affordability” concerns, President Donald Trump recently revived one of those bad ideas that never seem to die: a cap on credit card interest rates. His current proposal ...

Let's say you've got a credit card with a $15,000 limit that you haven't used in years. You're tempted to shut it down to simplify your wallet -- and hey, no harm done, right? Not so fast. As someone ...

WASHINGTON — President Donald Trump's headline-grabbing ultimatum for a 10% interest rate cap on credit cards failed to materialize by his self-imposed deadline of January 20th. Processing Content ...

The first step, consumer finance experts say, is to ask your card issuer to reduce the rate. And with average balances now $6,500, consider using your tax refund to put a dent in the debt. By Ann ...

The reintroduction of the Credit Card Competition Act in January 2026 has major implications for the U.S. payments infrastructure, with the potential to fundamentally alter the competitive dynamics of ...

Forbes contributors publish independent expert analyses and insights. True Tamplin is on a mission to bring financial literacy into schools. Debit and credit cards may look the same at checkout, both ...

Trump says he is asking Congress to cap credit card interest rates JPMorgan CEO says rate cap would cut off credit for 80% of Americans Banking industry pushes back against Trump proposal Trump, under ...

President Donald Trump called for credit card companies to cap interest rates at 10%, roughly half the industry average, effective Jan. 20. That date arrived, and credit card rates have hardly budged.

Amid voter concern about the economy and affordability, President Donald Trump announced a new policy: a 10% cap on credit card interest rates for one year. A Jan. 10 White House X post included an ...

A decades-long drive to cap credit card interest rates has received a sudden jolt from President Donald Trump — and widespread pushback from banks. Trump said Friday he wants to put a one-year 10% cap ...