Bogdan Roberts, Credit Cards Moderator
@bogdan_roberts
Visa credit card interest rates range from 9.99% to 35.99% (V), depending on the card and your overall creditworthiness. One of the best Visa credit card interest rates is 14.00% - 22.00% (V) from Simmons Bank Visa®. But there are several other low interest Visa credit cards available on the market.
If you want to finance a big purchase or planning to make a balance transfer, it’s also worth considering a Visa credit card with a 0% APR. It’s worth noting that Visa credit cards’ interest rates aren’t actually set by Visa. The credit card companies that issue Visa credit cards control that. As a card network, Visa is more about where the card is accepted than anything else.
Interest Rates of Notable Visa Credit Cards
High Rewards Rate:
Regular APR: 18.74% - 28.24% (V)
Intro APRs: 0% for 15 months on both purchases and balance transfers
Balance transfer fee: Either $5 or 3% of the amount of each transfer, whichever is greater in the first 60 days (5%, min $5 after)
Annual fee: $0
Credit requirement: Good
Cash Back Rewards:
Regular APR: 18.74%, 24.74%, or 28.74% Variable
Intro APR on purchases: 0% for 12 months from account opening
Intro APR on balance transfers: 0% for 12 months from account opening on qualifying balance transfers
Balance transfer fee: 3% intro for 120 days from account opening, then up to 5% (min $5)
Annual fee: $0
Credit requirement: Good
Travel Rewards:
Regular APR: 14.99% - 29.99%
Annual fee: $0
Credit requirement: Fair
Low APR:
Regular APR: 14.00% - 22.00% (V)
Intro APR: 0% for 12 months on balance transfers
Balance transfer fee: 5% (min $10)
Annual fee: $0
Credit requirement: Excellent
Low APR for Bad Credit:
Applied Bank® Secured Visa® Gold Preferred® Credit Card
Regular APR: 9.99%
Annual fee: $48
Credit requirement: Bad
Seeing a "(V)" after your card’s interest rate just means the rate is "variable" and can change a bit over time according to the economic climate.
Keep in mind that the best credit card rates are 0% APRs that last for 15 months or longer. You can check out our editors’ latest picks for the best credit card rates to see which offer suits your needs best.
Malcolm Camps, Member
@malcolm_camps
Visa interest rates can vary depending on the issuer, or the type of card you have. They can be anywhere between 9% and 28%.
People also ask
Is a 26.99% APR high for a credit card?
Yes, a 26.99% APR is high for a credit card, as it is above the average APR for new credit card offers. Credit card APRs can be much lower, and some cards offer an introductory 0% APR for a certain number of months, which can save you a lot of money.
Keep in mind that your 26.99% APR should apply only when you carry a balance from month to month. If you pay off your full balance...
read full answer by Chip Lupo, Credit Card WriterIs 12% a good credit card APR?
Yes, a 12% APR is a good credit card interest rate because it is cheaper than the average interest rate for new credit card offers. Very few credit cards offer a 12% regular APR, and applicants must usually have good or excellent credit to be eligible. People with credit scores that good typically can qualify for cards with 0% introductory APRs, however, so paying interest at a 12% rate isn’t ideal.
Average APR for Credit Cards...
read full answer by John S Kiernan, Managing EditorWhat is the highest credit card interest rate?
The highest credit card interest rate in recent memory was 79.9% on a card offered by First Premier Bank in 2010 but that offer’s not available anymore. The current highest credit card interest rate is 36% on the First PREMIER® Bank Mastercard Credit Card.
The next highest credit card interest rate seems to be 35.99%, charged by the Total Visa® Card and the Milestone® Mastercard®. These rates are very high when you consider that the average interest rate is only around 22.76%.
... read full answer by Jane Parker, WalletHub Credit Card AnalystDid we answer your question?
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