Here are the national averages for credit card interest rates, according to Bankrate. How does yours compare?
If you’re paying more, consider asking your credit card company to lower your rate. Seriously, it works (see exhibit a, . Or you can try and shop around for a lower rate and then initiate a balance transfer from the old credit card to the new. The best thing to do, of course, is not to carry a balance, but if you are, why pay more than you have to?