President Donald Trump has said there will be a one-year cap on credit card interest rates set at 10%. What is the average?

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.

President Donald Trump wants to put a lid on what banks can charge you for carrying a balance, demanding a one year cap on ...

President Trump’s proposed 10% credit card rate cap could kill cashback, restrict risky borrowers, and slow GDP. Read what ...

U.S. banks and financial institutions on Monday pushed back against President Donald ‌Trump's proposed cap on credit card ...

Bank stocks slid after markets opened on Monday, following President Donald Trump’s call for a one-year cap on credit card ...

If President Donald Trump's proposal for a cap on credit card interest rates is enacted, it "would be a chaotic contraction ...

Trump's proposed 10% credit card rate cap causes bank stocks to fall. JPMorgan, Citi drop 3-4%. Analysts say Congress must ...

The American Bankers Association panned the proposal, saying it would "drive consumers toward less regulated, more costly ...

Trump's 10% credit card rate cap is meant to help struggling borrowers, but industry data shows 80% of accounts could be cut off, hitting those borrowers hardest.

With credit card interest rates near modern highs, President Trump says he wants to cap the rates for one year.