#Credit Card APR

Total 2 articles

A close up of premium credit cards with a 10 percent tag

BofA and Citigroup Consider 10% Credit Card Rates to Disrupt Banking

Bank of America and Citigroup are exploring credit cards with a 10% APR. This drastic cut from the 20% average could spark a rate war in the banking industry.

Jan 22, 2026

A credit card in front of the US Capitol building

EconomyEN

Citigroup CEO Credit Card Rate Cap Approval Unlikely in Congress

Citigroup CEO Jane Fraser expresses skepticism over a federal credit card rate cap being approved by Congress. Read about the regulatory outlook and bank profitability.

Jan 20, 2026