Find your credit card interest rate

Check Your Card Statement

Examine your credit card statement. The credit card statement reflects the outstanding card balance due for payment, the applicable interest rate, the required minimum payment and the payment due date.

Determine how frequently your bank or credit card facility computes the interest of your credit card. 

Posting of interest rates, as well as finance charges, may vary based on how frequently your credit card computes your balances. For interests computed daily, creditors add the purchase entries daily, which accumulate until the billing period matures.


• If you’ve ever missed a payment or paid your bill late, your rate may have gone up over the years.

• Average credit card rates are anywhere from 18–27%!