What is a good interest rate to pay on a credit card?
A. Ten to twelve percent is a good rate on a credit card. However, there are a lot of people who get lower rates while most people pay higher rates. Credit cards usually start you on a good rate and then find a reason to raise the rate to a ridiculously high level. Many people get the price jack on just one day late. It’s not enough they get their $35.00 late fee.
