local
Credit card interest rates remain near record highs. Here’s a simple hack that could help Houstonians
By Ninfa Saavedra, Bill Spencer at KPRC 2 Click2Houston (NBC) - Local
· July 13, 2026
· 2 min read
If opening your monthly credit card statement makes you cringe, you’re not alone.Credit card interest rates remain near historic highs, with the average annual percentage rate (APR) sitting at 19.6% — just below the record high of 20.8% reached in 2024.But consumer experts say there’s one simple ...
Key takeaway Credit card interest rates remain near historic highs, with the average annual percentage rate (APR) sitting at 19.
Why this matters in The Bellaire
For Houstonians struggling with credit card debt, the prospect of near-record high interest rates can be daunting. With Texans carrying an average of nearly $7,000 in credit card debt, finding ways to reduce that burden is crucial. The strategy of asking credit card companies to lower interest rates could be particularly beneficial in Bellaire , where residents may be looking for ways to manage their finances effectively. By politely and persistently requesting a lower rate, as recommended by financial advisor Richard Rosso, Bellaire residents may be able to save money on their credit card payments. This simple hack could be especially helpful for those who have been loyal customers to their credit card company, as they may be more likely to receive a favorable response. By taking a few minutes to make the call, Bellaire residents could potentially reduce the amount they pay in interest over time, making it a worthwhile effort.
About this story
Original reporting by KPRC 2 Click2Houston (NBC) - Local . The Bellaire surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit KPRC 2 Click2Houston (NBC) - Local . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: July 13, 2026 ·
Source: KPRC 2 Click2Houston (NBC) - Local ·
Reading time: 2 min
Get more The Bellaire stories like this
Free weekly briefing covering local and other local news. Curated by our editorial team. No spam.
By subscribing you agree to our privacy policy . Unsubscribe anytime.
Frequently asked about this story
What is this story about? If opening your monthly credit card statement makes you cringe, you’re not alone.Credit card interest rates remain near historic highs, with the average annual percentage rate (APR) sitting at 19.6% — just below the record high of 20.8% reached in 2024.But consumer experts say there’s one simple ...
When was this published? This article was first published on July 13, 2026 by KPRC 2 Click2Houston (NBC) - Local and curated for The Bellaire readers.
Who reported this story? This story was reported by Ninfa Saavedra, Bill Spencer at KPRC 2 Click2Houston (NBC) - Local. To learn more about how The Bellaire selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from The Bellaire, or browse our daily briefing and topic hubs .
← Back to all news
More local →
Today’s briefing
Subscribe to newsletter