General
Will the average US credit card interest rate (APR) fall below 19.0% for any single month before the end of 2030?
A finance prediction on the likelihood of a significant decline in consumer borrowing costs driven by Fed rate cuts.
36 total votes
Analysis
Consumer Debt Relief
The average US credit card interest rate (APR) reached a record high of nearly 22% in the mid-2020s, directly tied to the Federal Reserve's rate hikes (Fed data, simulated late 2025 context). This prediction hinges on the Fed's ability to normalize interest rates back toward its long-term neutral rate (estimated around 2.5%). The slight 'Yes' majority reflects the expectation of a significant Fed easing cycle beginning in 2026 or 2027. This cycle, combined with the normal spread (currently 10-15 percentage points) between the Fed's key rate and the APR, is projected to push the average credit card rate **below 19.0%** at some point before the end of 2030.