What is the Highest Credit Card Interest Rate?

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Posted: Wed Oct 27, 2004 7:52 pm
Post subject: What is the Highest Credit Card Interest Rate?
kc
Date: 12/28/2000 6:45 pm CDT

can someone please tell me how high credit cards companies can go on apr(finance charge) thank you

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archive
Posted: Wed Oct 27, 2004 7:53 pm
Post subject: What is the Highest Credit Card Interest Rate?

Board Monitor- NK
Date: 12/28/2000 7:45 pm CDT

The highest APR I have ever seen is a 41.50% on the Aspire Visa card.

The sky is the limit on an APR, as long as they notify you per Federal Regulations. Most credit card companies have provisions written into their cardholder agreements that allow for the APR to rise automatically if you have late payments, so read the fine print carefully.

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CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!

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