US Retail Lending Interest Rate
US retail lending interest rates on car loans, personal loans, and credit cards.
| Indicator | 05-2026 | 02-2026 | 11-2025 | 08-2025 | 05-2025 | 02-2025 | 11-2024 | 08-2024 | 05-2024 | 02-2024 | 11-2023 | 08-2023 | 05-2023 | 02-2023 | 11-2022 | 08-2022 | 05-2022 | 02-2022 | 11-2021 | 08-2021 | 05-2021 | 02-2021 | 11-2020 | 08-2020 | 05-2020 | 02-2020 | 11-2019 | 08-2019 | 05-2019 | 02-2019 | 11-2018 | 08-2018 | 05-2018 | 02-2018 | 11-2017 | 08-2017 | 05-2017 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| New Car Loan - 60 Months | 7.14 | 7.53 | 7.24 | 7.64 | 7.67 | 8.04 | 7.82 | 8.4 | 8.2 | 8.22 | 8.15 | 7.88 | 7.81 | 7.48 | 6.55 | 5.5 | 4.85 | 4.52 | 4.67 | 4.6 | 5.05 | 4.96 | 4.8 | 4.98 | 5.14 | 5.15 | 5.37 | 5.27 | 5.36 | 5.24 | 5.36 | 4.96 | 4.99 | 4.75 | 4.51 | 4.36 | 4.24 | |
| New Car Loan - 72 Months | 6.97 | 7.53 | 7.5 | 7.8 | 7.73 | 8.16 | 7.67 | 8.76 | 8.32 | 8.41 | 8.67 | 8.12 | 7.8 | 6.97 | 6.64 | 5.61 | 5.19 | 4.54 | 4.64 | 4.97 | 4.77 | 4.91 | 5.11 | 5.19 | 5.17 | 5.38 | 5.11 | 5.56 | 5.31 | 5.46 | 5.63 | 5.19 | 4.95 | 4.74 | 4.66 | 4.61 | 4.45 | |
| Personal Loan - 24 Months | 11.86 | 11.36 | 11.63 | 11.14 | 11.57 | 11.66 | 12.32 | 12.33 | 11.92 | 12.49 | 12.35 | 12.17 | 11.48 | 11.48 | 11.21 | 10.16 | 8.73 | 9.39 | 9.09 | 9.39 | 9.58 | 9.46 | 9.65 | 9.26 | 9.5 | 9.63 | 10.21 | 10.07 | 10.63 | 10.36 | 10.65 | 10.08 | 10.31 | 10.22 | 10.57 | 9.76 | 10.13 | |
| Credit Card - All Accounts Average | 20.94 | 21 | 20.97 | 21.39 | 21.16 | 21.37 | 21.47 | 21.76 | 21.51 | 21.59 | 21.47 | 21.19 | 20.84 | 20.09 | 19.07 | 16.27 | 15.13 | 14.56 | 14.51 | 14.54 | 14.61 | 14.75 | 14.65 | 14.58 | 14.52 | 15.09 | 14.87 | 15.1 | 15.13 | 15.09 | 14.73 | 14.38 | 14.14 | 13.63 | 13.16 | 13.08 | 12.77 | |
| Credit Card - Interest-Assessed Accounts | 22.15 | 21.52 | 22.3 | 22.83 | 22.25 | 21.91 | 22.8 | 23.37 | 22.78 | 22.63 | 22.75 | 22.77 | 22.16 | 20.92 | 20.4 | 18.43 | 16.65 | 16.17 | 16.44 | 17.13 | 16.3 | 15.91 | 16.28 | 16.43 | 15.78 | 16.61 | 16.88 | 16.97 | 17.14 | 16.91 | 16.86 | 16.46 | 15.54 | 15.32 | 14.99 | 14.89 | 14 |
Latest reading
Credit Card - Interest-Assessed Accounts stood at 22.15 %/year in May 2026. That is −0.1 pp from a year earlier. The series on this page is monthly and runs from Nov 1994 to May 2026. Source: FRED (Federal Reserve Bank of St. Louis).
- Latest
- 22.15 %/year
- May 2026
- vs a year earlier
- −0.1 pp
About this data
US retail lending interest rates on car loans, personal loans, and credit cards. This monthly table details average interest rates from commercial banks on 60-month and 72-month new car loans, 24-month personal loans, and credit cards since 1972. Source: Federal Reserve G.19 report via FRED.
Frequently asked questions
- What does the US Retail Lending Interest Rate table measure?
- It measures the average interest rates charged by United States commercial banks to retail customers for new car loans, personal loans, and credit card accounts.
- How frequently is this rate data updated and when does the series start?
- The data is published monthly by the Federal Reserve in the G.19 statistical release, with historical coverage starting in 1972.
- What loan categories are included in these commercial bank rates?
- The table includes 60-month and 72-month new car loans, 24-month personal loans, and credit card rates across both all accounts and interest-assessed accounts.
- How do these retail rates differ from the Fed policy interest rate?
- These rates represent the actual borrowing costs paid by US consumers for retail credit products, which typically run higher than the central bank's benchmark policy rate.
